At CPA Solutions PLLC, we work side-by-side with our clients and tailor our services to fit their specific needs. We combine personal attention with access to the highest technical expertise and specialized knowledge. Virtual CFO. Timely communication and responsiveness are hallmarks of our client relationships. All of these attributes support our goal of helping you achieve your financial objectives.
We strive for excellence by staying abreast of current developments and technologies. We stay informed about industry developments and closely monitor the marketplace to deliver service and advice tailored to your specific needs and goals. We use our experience and resources to develop industry insights and specialized skills that allow us to bring maximum value to your projects. These factors allow us to deliver superior service and act as a trusted business adviser.
A detailed listing of the services we provide is set out below. Explore what we have to offer and discover how we can assist you or your business.
Virtual or Outsourced CFO
Virtual or outsourced CFO services can provide small and medium-sized businesses an alternative to a traditional full-time CFO. Most small and medium-sized businesses need the skill set of an experienced CFO, but often only at critical junctures, such as during an acquisition or only part-time. Unfortunately, the cost of hiring a traditional full-time in-house CFO is too high compared to the value it creates. Virtual or outsourced CFO services are an alternative that provides the best of both worlds.
Virtual and Outsourced CFO Services
Virtual or outsourced CFOs can provide all the same services as traditional CFOs with the added benefit of increased flexibility and decreased cost. If you need CFO-level talent, but only part-time, such as one day per week, one week per month, or on a project basis, consider engaging a virtual or outsourced CFO.
Here are just a few examples of the services that virtual and outsourced CFOs can provide.
- Financial Analysis and Operational Results Analysis – Finding trends and ways to operate more efficiently, and tracking key performance indicators to assist in future decision-making.
- Improve Profitability – Assess operations for process inefficiencies, such as excess labor, materials, or misallocation of resources, that may be costing your company money.
- Strategic Planning – Identify and quantify the key factors that will impact your future growth and success.
- Forecasting and Budgeting – Create a new forecast or budget process or improve your existing one; a virtual CFO can help you formulate accurate and reliable plans.
- Cash Flow Projections – Always know your future cash position to keep your lenders and vendors satisfied and prepare for expansions, downturns, significant repairs, or fixed asset acquisitions.
- Organizational Structure – Create the optimal organizational structure, so your business or a specific department operates like a well-oiled machine.
- Financial Staff – While you have a staff that handles the day-to-day financial transactions, you must focus on other aspects of the business rather than managing the accounting function. An outsourced CFO can work and train these staff members on-site or off-site.
- Acquisitions – Understand if an acquisition makes financial sense, understand the valuations involved, or plan for the onboarding and integration.
- Virtual CFO