CFO Services

Are you looking to expand your reporting and analysis without investing in the cost of an FTE?

We offer varying levels of support to your finance function.  We offer services that vary from bookkeeping to expert CFO review and discussion of your financials including creation of your customized reporting packages (internal management reporting, external bank and board of directors reporting, or corporate dashboards).

Service Options:

  • Basic Financial Guidance

    • Monthly CFO guidance and support

  • Virtual CFO

    • An in-depth financial review of monthly financials with management and finance

  • CFO Consulting

    • Customized part-time CFO oversight and advisory services

Financial Infrastructure

Is your management team starving for more information on a weekly, monthly, and quarterly basis?  Are your processes built overly burdensome where weekly reporting and business updates could alleviate a bottle neck?

We look at your current data (trial balance, staffing, and production metrics) and use it as the middle page of your book.  We will use prior period information to write the opening of the book and will plan for the future to complete your story.  The product you will receive will be built to sustain hyper growth with minimal maintenance. 

Service offering:

  • Internal Management Reporting Package

  • External Reporting Package

  • Board of Directors Presentations

  • Variance Analysis to the lowest level of detail needed (functional or departmental)

  • Weekly metrics reporting to help manage the business

  • Budgeting and Forecasting templates

Cost Reductions

Whether it is right sizing the organization for increased profitability, maintain margins, align with the cost experience with your industry peers, or expand your competitive advantage we have strategies to gain alignment and execution.

Do costs creep in reducing the favorable impact of your cost reduction?  We can help manage through the process.

Areas of expertise:

  • How to get buy-in from the management team

  • How to make cost reductions stick

  • Targeting cost reductions to trim wasteful spend

  • Total cost of Reduction in Force (RIF)

KPI Creation & Management

P&L management only tells part of the story for your company.   With any sound strategy there are assumptions in your business model that need to be met for you to be successful.  Tracking your progress for these Key Performance Indicators and publishing them regularly keeps your team informed on current company performance and allowing the conversations on how to bridge the gap to who you want to be.

Areas of expertise:

  • Aligning team on KPI’s and calculations

  • Build reporting tool(s) for ease of maintenance and consumption

  • Align comp plans to targets

Consolidating Multiple ERP Systems

Does your financial close lag due to consolidating multiple systems?  Whether the result of an integration falling short or a short term fix needed to bridge the gap to a complete system overhaul, we can help consolidate your data.  We can work directly with your systems personnel to create the database connections to fully automate the process or we can create import and export capabilities to run the complete process in finance.

Areas of expertise:

  • Aligning and creating a master chart of accounts

  • Automate mapping between systems

  • Create Access database to create data warehouse of consolidated results that can be run with the push of a button

 

Long-Range Planning

Has your organization aligned a 3-5 year financial forecast with strategy?  Do you need to create a model for fundraising?  If you have not completed a strategic plan or only have a summary long range plan, we can collaborate with your key personnel to draw out the strategic assumptions that will yield the desired forecasted results.

Areas of expertise:

  • Dynamic driver based model for scenario planning

  • Outline key assumptions to target specific goals and measure along the way

Complex Revenue Recognition Modeling

No matter what your revenue recognition policy is, we can analyze the product mix and model your revenue streams from a sales forecast.

Areas of expertise:

  • SaaS

  • Perpetual license and maintenance

  • Subscription

  • Delivery of multiple elements

Currency Analysis

We look at your transaction level detail to understand true operational performance.  Whether you look at constant currency or fixed currency we can tease out the FX impact on your financial statements and automate the process and reporting.

ERP Selection & Implementation

Financial systems solutions we have experience in working with:

  •  Lawson

  •  SAP

  •  Great Plains

  •  Dynamix

  •  Epicor

  •  Quickbooks

  •  Netsuite

  •  Advanced MD
     

  •  Hyperion planning and reporting

  •  BPC

  •  Essbase

  •  iCode

  •  Qlik

  •  Business Objects

  •  Access

  •  Tableau