Outsourced CFO
Outsourced CFO: finance and administration management with continuity, without a dedicated internal structure
Ongoing support to company management on accounting, reporting, cash, budget and forecast, with a periodic management meeting.
Who it is for. Small and medium-sized businesses without an in-house finance function that need management control, budgeting, financial planning and reporting.
Request an initial meetingComplete the form; the firm will reply proposing an initial meeting to assess the case.
Accounting and reporting
Up-to-date accounting and periodic reports on performance, overdue items and payments.
Cash and planning
Cash flow, supplier payment planning and funding-need scenarios.
Budget and forecast
Comparison with the year’s actual data and updated forecasts.
How we work
Start-up
Scope of the service, tools and data flows, roles and contact persons.
Reporting
Reports at an agreed frequency, including weekly for overdue items and payments.
Management meeting
Joint review of the data with the directors; decisions remain with the company.
What it includes
Accounting
Keeping and updating of the accounting records.
Overdue reports
Overdue receivables and payables, by priority.
Cash flow
Periodic update of the cash forecast.
Supplier payments
Planning of outgoing payments.
Analysis, budget and forecast
Actual data, budget and forecasts.
Foreign transactions
Assessed case by case, depending on complexity.
Independence and roles
The service is support to the finance and administration function: the firm does not assume management or representation powers. To safeguard independence, audit and control engagements and support to the finance function are not held at the same company.
Support from artificial intelligence
Artificial intelligence tools assist the professionals in data acquisition and consistency checks. Assessments remain with the professionals.
Frequently asked questions
What does outsourced CFO mean?
A finance and administration management function provided as ongoing consulting by a chartered accountant of the firm, with reporting and periodic meetings.
Can it be combined with audit or the board of statutory auditors?
Not for the same company: control engagements and support to the finance function are kept separate, to safeguard independence.
Which companies is it suited to?
Established or growing companies without an internal finance director, or that supplement that function.
Contact the firm
Write to us: we will review your situation together.
Contact us
Write us a few lines; we reply on working days.