CFO on Demand
Keeps you grounded, while you are growing!
What is “CFO on Demand”?
This is our premium service for businesses with revenue of more than $5 Million. This service enables a business owner to afford a Chief Financial Officer (CFO), a go-to finance guy, at the fraction of a typical CFO’s salary. Scope of service is customized for each business, depending on the owner’s pain points. However, typical CFO-on-demand model will cover:
- Setting up accounting & financial policies and procedures
- Transition from legacy accounting systems to modern and robust systems
- Development and implementation of financial control
- Financial Control
- Supervision & training of Bookkeepers
- Budgeting & Forecasting
- AR & AP management
- Payroll Supervision
- Monthly/ Quarterly reports for external (Bank, CRA etc.) and internal stakeholders (management/ owner)
- On-demand corporate tax advisory
- Coordination with banks, CRA, auditors etc.
CFO on Demand in Detail
How much does it cost?
| Annual Sales | $3 Million – $ 6 Million | $6 Million to $ 10 Million | $10 Million to $ 20 Million | $20 Million+ |
| Monthly Fee | $2000-$3500 | $3500-$5000 | $5000-$7000 | Custom Pricing |
Packages may include following:
– Review, setup and modernization of accounting, controller and finance function
– Budgeting and Forecasting
– Controllership (Review of bookkeeping, AR, AP, monthly reporting)
– Strategic advisory to owners/ management/ directors
– design, implementation and monitoring of relevant processes and controls
– Coordination with external stakeholders (auditors, banks etc.)
Above pricing is indicative only. Actual pricing may vary based on scope, complexity of organizational structure, business model and review frequency.
Minimum 1 year commitment is required
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