Services
Full Service Outsourced Finance Team
We help you obtain the full benefits of having expert advice from a Controller and/or CFO or an entire Finance Team without the cost!
CFO compensation can vary widely and averages from private companies outside major metropolitan cities from $194,000 to $725,000 for public companies in major cities. Controller salaries can range from $90,000-$150,000.
Create or Fine-Tune
Your Strategy
We are not a bookkeeping service, we partner with you to understand your business, the drivers, your vision and goal and work with you to build a sustainable growth model.
Prepare Forecasts
& Budgets
We will asssit you in analyzing what your gross margin and net profit margin goals, benchmark against industry standards and review/create a sales forecast. With those numbers defined you can build your annual budget more precisely and adjust during the year with revised and rolling forecasts as needed.
Accelerate Growth
& Increase Profits
We will work with you to create meaningful reporting to observe trends and relationships in your financial data month-over-month and year-over-year as well as providing you an understanding of the numbers and how to make better business decisions.
Predictive & What IF
Cash Forecasts
It's a sad fact, but companies that are producing $100M in revenues in one year, the following year can file bankruptcy! Don't let that happen to your company. Learn the difference between Net Income and cash flow for your company and utilize our 20-week cash flow to see where potential cash shortfall may lie so you can forward plan.
Manage Merger,
Acquisition or Exit Plans
Do you need to start planning for an exit? What are your options, and how soon should you start planning. Let us help you start thinking as some options can take up to 10 years to have an optimal outcome!
Improve Business Processes and Intelligence
Let us evaluate your business processes. Often those are more clear from an outsider's perspective. One of the best ways to improve profit is to reduce cost of goods sold, not necessarily increasing sales revenue. Additionally, we can review your business software systems to ensure you are maximizing the power and integrations of those systems. Let us show you where you may be losing profits.
Difference between a Controller and a CFO
Controller
Focus on internal controls, team oversight, process management, accuracy and timeliness of financial data - HISTORICAL FOCUS reports to CFO.
Face of finance team to internal team and educate other departments on policies and procedures.
CFO
Focus on market trends, strategic planning, KPI development, economic forecasts, competition, run scenerio analysis and Acquisition/Exit or M&As - PREDICTIVE AND PROACTIVE advisor to CEO.
Face of the company to outsiders: suppliers, bankers, shareholders.
Frequently Asked Questions
No. We hire expert finance professionals and bring their wealth of professional network contacts to work with us as needed. We are part of an affiliated partnership that does provide tax and CPA advisory services if needed.
Absolutely! We can work with your staff, train them on better procedures if needed, create separation of duties, and build a well-rounded accounting team at a fraction of the cost.
We can provide levels from staff accountant levels up to CFO when your business can not afford to have that level of service. Additionally, you will not have all the overhead associated with in-house staff, you don’t have the headache of finding, hiring, training in accounting when you may not have the expertise to do so, and we can scale with your company’s growth.
Our team engages with every client to determine the scope of work and a proposal is sent to the client with a typical timeframe of one-year with a monthly fee structure. Once accepted and first month payment received, work will begin.
Most of our work can be done remotely and we will build processes to ensure this is successful as well as conducting meetings via Teams or Zoom. On-site visits can be arranged as needed.
Tax accountants prepare tax returns and give advice on tax planning strategies that best fit your business goals and strategies. CFO consultants assist business owners in reviewing where they have been, understanding what is driving their business and what external forces are affecting the business and assist in building strategies to grow, move forward, and make better business decisions.