Whatever the cause, be it internal or external, the result of economic conditions, fraud or factors that are simply beyond your control, a business crisis and in particular a financial crisis can be crippling for any business. ECFO is an experienced partner with the strength in leadership and experienced team that you can rely on to help you navigate the storm.
We have a unique experience in managing crises for companies in Asian markets, putting out fires and solving problems, and then working with our customers to resolve the underlying issues so that they can pre-emptively prevent those problems for occurring again. When the house is on fire, ECFO can minimize fallout and damage, minimizing the duration, severity and reach of a crisis. We want to get you through a crisis as quickly as possible, with minimal losses, a plan for recovery and a strategy to prevent it or other potential challenges from happening again.
Our Crisis Management Process
Assume Control – ECFO takes over all financial responsibility and functionality. We take full control of the bank accounts, softwares, reporting, books, payroll. Everything goes through ECFO, enabling us to immediately plug any leaks and stop the bleeding.
Situational Assessment – Once we have control we will do a detailed situational assessment alongside your leadership team. The first step in addressing a financial crisis is identifying and understanding the primary causes. Financial issues are generally an indication of a bigger problem. Once we understand the problem, we work together with you to come up with a game plan for getting through the crisis.
Implementation – ECFO will maintain control and drive the process forward for navigating the crisis. We will work with you and your partners and stakeholders to deal with each issue and work our way through the plan, changing systems and processes or putting new ones in place, dealing with problems line by line and providing you with the support you need and getting you through the crisis.
Handover – Our goal is sail to calm waters, getting your business through the crisis and hand over a healthy financial program and department that is organized and aligned with your business goals.
Prevention – ECFO will work with you and your team to understand what other potential issues may be lurking beneath the surface and help you plan for the future, anticipate where your risks are and help you avoid the dangerous pitfalls that could be detrimental to your business.
ECFO remains at the vanguard of this effort to improve decision making through better financials and internal controls.
From investment advisory and post-merger integrations to back office support, ECFO’s mission is to provide investors a level of clarity never thought possible.
Get In Touch
Shanghai Office Address:
Zhaojiabang Road, No. 680,
Jinzhong Tower, Suite 513,
Shanghai, 200031, China
室 邮编 200031
Beijing Office Address:
Dize South Street, No.2, Building 1, 8th floor,
Beijing ,Economic & Technological Development Zone, 100176, China
Thailand Office Address:
AlA Capital Center 20/F, Suite 2071, 89
Ratchadaphisek Rd. Dindaeng, Bangkok
Vietnam Office Address:
6th Floor, 90-92 Dinh Tien Hoang, Da Kao Ward, District 1,
Ho Chi Minh city, Vietnam