A full-time CFO can cost from $80,000 to over $200,000 per year plus bonuses and benefits. Our part-time CFO services provide you with experienced support, usually at a lower cost.
Our professionals include controllers and other previous C-officers, and are engaged for interim "C" jobs (Chief Executive/ Operating/ Restructuring/ Financial/ Controller/ Human Resource/ Information Officer(s)) at competitive rates.
Interim executives can provide business owners the following benefits:
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More time to focus on new services, new customers and other core business issues.
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Better understanding of the financial and accounting side of the business.
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Improved decision-making capabilities from clearly seeing critical metrics.
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A readily available sounding board to help with business decisions and help clarify business plans.
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The comfort from knowing that a professional is overseeing, protecting and constantly improving the financial side of the business.
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Strong financial controls to ensure reporting accuracy, discipline and fairness.
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Training and managing of the accounting staff.
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Improved quality and timeliness of financial information.
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Budget preparation and monitoring.
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Profitability analysis by service or product line.
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Tax saving strategies.
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Trend analysis.
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Assistance in defining long-range plans and the quantification of goals.
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Cash management.
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Liaison with bankers, attorneys, vendors, insurance agents, etc.
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Assistance in obtaining financing from banks, including assistance with negotiations.
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Review/negotiation of insurance policies.
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Development of accounting or operational procedures
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Analysis of equipment purchases, expansions, etc.
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Mergers and acquisitions assistance.
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Collection policies and execution.