Case Study, Financial Modeling, Financial Reporting, Key Performance Indicators

Thermal Support Finds Financial Support with the Numbers Coach

The Company

Thermal Support (“TS”) is an international source for thermal analysis consumable products started and nurtured by Charles Beine.  TS provides a full range of thermal analysis DSC sample pans and TGA and TG/DTA sample pans. The company’s high-quality aluminum and ceramic pans are the standard as a non-OEM supplier.  TS serves a wide geographic area nationally and internationally, including labs and university research centers.  TS has been providing its high-quality products and support services for over 20 years. 

Situation

In 2024 the TS team wanted to enhance their understanding of their financial results.  They wanted to use a platform that communicated the company’s key performance indicators (“KPIs”) and educate its leadership team members on what drives the company’s financial results.  The TS team was missing a game plan that could guide them to make better financial decisions. Enter Numbers Coach Mike Iverson.

Solution: The Numbers Coach Leadership and Numbers NavigatorTM Services

Trillium Financial’s Numbers Coach (“NC”) financial leadership services were an ideal fit for TS.  Using NC’s proprietary Numbers NavigatorTM financial platform, a financial scorecard is used to focus on measurements that drive company profits and cash flow critical to sustaining a business.  The scorecard offers the TS team an “at a glance” view of results.  The Number Navigator’sTM rolling financial forecast gives the TS team a tool to make critical decisions and see where they are headed financially. 

Results

NC pulled together financial and non-financial data to complete a scorecard, financial model, and supplemental reporting.  Each quarter NC meets with the TS team to methodically review results and provide input and analysis from the Numbers NavigatorTM.  From the financial Numbers Coach meeting, the TS team can take actions on activities that improve the company’s bottom line results.  Beine and his team can access the Numbers NavigatorTM at any time due to its cloud-based delivery platform.

“Mike’s approach to coaching us on how to drive our financial results gives our team the right tools to help understand how to navigate our finances successfully and stay focused on our cash flow and investment goals.” 

Charles Beine, Founder & CEO

For more information on Thermal Support visit www.thermalsupport.com

To learn more about Numbers Coach financial leadership services, click here

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