Following the "Accounting and Financial Management" training organised under the Fit For Market Plus (FFM+) programme, COLEAD supported the Senegalese company OFRUTTI through post-training technical assistance, designed to turn what was learned into concrete improvements in its management practices. Specialising in fruit processing, OFRUTTI produces dried mangoes in particular, for both local and international markets.
Support tailored to the company's maturity
Already equipped with an accounting structure and management software, OFRUTTI wanted to go further: to strengthen its financial steering tools and consolidate its practices in order to support its growth. The support was therefore calibrated to this level of maturity and built on a prior assessment of the company's accounting and financial practices.
Strengthening financial steering
The assistance enabled OFRUTTI to strengthen its steering tools, particularly in cash-flow and stock management, budget planning and tax compliance. The company was also made aware of what financial institutions expect, and guided in understanding the key elements of a business plan, with a future funding application in mind.
A roadmap to keep progressing
Beyond the recommendations, a number of practical tools were made available to the company to help it steer its finances. By the end of the mission, OFRUTTI had a prioritised roadmap setting out short- and medium-term actions to continue structuring its financial management and better prepare its development projects. The practical, tailored approach of this support — built on an analysis of the company's own practices and data — made it possible to identify solutions directly applicable to its day-to-day realities.
This activity is supported by the Fit For Market Plus (FFM+) programme, implemented by COLEAD within the Framework of Development Cooperation between the Organisation of African, Caribbean and Pacific States (OACPS) and the European Union. This publication receives financial support from the European Union and the OACPS. The content of this publication is the sole responsibility of COLEAD and can in no way be taken to reflect the views of the European Union or the OACPS.