ARE YOU FACING BELOW PROBLEMS?

Making money but struggle to maintain cash flow?

I am having a hard time funding rapid growth

Should I take on extra staff?

Should I venture into new business?

How to get more loans from bank?

How to value my business?

WHAT IS CFO OF A COMPANY

know more about it

CFO stands for “Chief Financial Officer.” A CFO manages all financial actions for a company, which means financial planning, cash flow tracking, and financial analysis. A CFO has specialized knowledge, so it’s not uncommon to not have one on staff.

That’s where outsourced CFO services for business can be a big asset. An outsourced CFO from our team can handle all of the tasks someone on your staff would. By using our outsourced CFO services, you’ll be able to bundle CFO services with other accounting and bookkeeping needs for greater value. If you’re in the process of actively growing your company, a virtual CFO can keep your business on financial track. 

CFO On Demand is designed to help the business owner stay focused on growing the company by saving them decision-making time and lessening uncertainty. We provide a financial discipline that supports the company’s existing accounting department — all for a set reasonable, monthly fee.

“CFOs are not just for the Big Corporates

Expertise When You Need It”

Our Tactics To Scale Your Business

Our outsourced CFO services are customized to meet your needs. Depending on the goals of your business, we will suggest several different tactics to help make your operations more profitable.

Cash flow forecasting

One of the most common tools we will reference is a cash flow forecast. This tool helps you and your strategy team understand what could happen to your cash flow in the future based on the decisions you make today.

Budget-to-actual reporting

Once a plan is in place, you’ll want to know how well you’re tracking to it. We all know how vital budgets are, but they don’t always get used. We can help get your budget in place and then analyze your company’s performance against it.

Break-even analysis

Knowing break-even points is crucial. Your sales and production teams must know how much work they have to deliver to keep the bills paid. Every business faces hard times, and if that ever happens to you, we can help you dig deep and control the excess.

Labour cost management

If you’re a staff-heavy organization, you must know as much as possible about your payroll costs. Is your staff operating efficiently? Should you give someone a raise, and if so, what will it do to your business over the long run? For businesses we’ve coached, labour costs tend to be their biggest downfall. They have either over-hired or not staffed enough, and the bottom line gets strained.

Variable vs. fixed expense reporting

You will incur fixed costs regardless of what you do, and while you can reduce costs in this category, there’s only so much you can cut before the benefit to your business becomes less impactful. Meanwhile, your variable expenses are the costs you incur when you do work. The secret to getting wealthy is controlling these costs in an efficient manner. We will be an expert at identifying these costs and keeping them in check.

Debt planning and reduction

If debt is a part of your growth strategy, we will help you optimize your liabilities so that they support you in your goal. If you have debt because your company has seen hard times, then we need to create a reduction plan for getting your company back on top.

Our Services

 Strategic planning

Turnaround management

  Transaction support

  Budgeting & forecasting

  Development of policies and procedures

  Profitability analytics

  Financial analysis and business modelling

  Business plans

  Working capital and cash flow management

  Sensitivity analysis

  Exit strategy

COMMONLY ASK QUESTION

1. How can our CFO on demand services help your Company?

A CFO has a single focus: make your organization more valuable to all shareholders and increase the return on your business. This means more cash, more profit, and more opportunity throughout your organization. Our CFO team do this by forecasting cash flow, optimizing cost centres, managing corporate capital accounts, and employing other high-value processes. Outsourced CFO firms like us can offer all this in addition to other financial services.

The most important is that you as a business owner is able to enjoy the benefits of an experienced financial professional assisting you in making timely and critical decisions at a reasonable monthly fee, without the cost of additional staff!

What are the qualifications of our CFO team?

All members of our virtual CFO team must have the following credentials:
• Certified public accountant (CPA) licensing
• 10+ years of experience in accounting-related work
• 5+ years of public accounting experience
• 5+ years of experience leading full accounting teams
.

How does CFO on demand works?

The process begins with a no-cost discovery session. It all starts with our Business Process Assessment (BPA).We meet with the owners to understand your business including accounting processes, reporting needs, pain points, and Accounting / POS / ERP system capabilities. This session helps us to understand your business challenges and to help you.

At the end of our Business Process Assessment, we provide a summary of our findings with recommendations along with a comparison of your company’s financials to key industry benchmarks.

CONTACT US NOW

Schedule a free consultation session to let us help you plan the best CFO solution.