Startup CFO Services

Most early-stage startups cannot afford a full-time startup CFO, and end up doing the work themselves. Our Seed CFO service is designed to help founders focus on what they do best.

Startups face high costs to implement processes and structures when seeking a new round of funding. Access to financial advisory at affordable rates is hard to find. In addition, some founders lack the financial nous demanded by serious investors.

Our Seed-CFO service prepares for your next big thing, whether you’re scaling your workforce, expanding into new markets, or preparing for your next funding round.

ROLLING FORECASTS AND OPERATING PLAN

Monthly analysis of performance against monthly, quarterly, annual and 5-year forecasts, including ‘latest view’ reforecasting.

USER-FRIENDLY FORECASTS

Help you understand and own your business’s financial value drivers, key metrics, and cash runway, and tie them into your strategy.

INVESTOR PLANNING AND COMMUNICATIONS

Integrated and effective communication with investors including board presentations.

ADVISORY & MENTORSHIP

We offer mentorship and advice when it comes to scaling your business, expanding to new market markets, and preparing you for the next fundraise.

OVERSIGHT

Oversight of financial operations strategy and execution, from invoicing to payroll.

TAX

Tax compliance and internal controls strategy assisted by Companyon’s key partner networks.

 

 

OUR COMPETENCIES

BUILD & MANAGE

We manage the identification and implementation of tools and processes required to ensure complete and reliable financial records and controls.

  • Accounting system of record
  • Internal accounting & finance processes, policies, and procedures
  • Ongoing working capital management
  • Payroll and benefits management
  • Procedures and tools for reimbursement of travel, lodging, meals, stipends, etc.
  • Auditor and tax accountant identification, engagement, and coordination

REPORTING & CONTROLS

We update your existing financial model to be compatible with the outputs from the financial system of record to enable effective and realistic financial goal setting

  • Budget versus actual performance analysis
  • Periodic reporting package
  • Budget roles & responsibilities, including budget owner training
  • Quarterly, annual, and long-term financial forecast
  • Recommendations on current and future financial organization and goals

TRANSFER TO PERMANENT TEAM

We spearhead the transition effort when the time comes to onboard your permanent finance team.

  • Definition of CFO role
  • Definition of key roles for financial operations team
  • Support for search and interview of permanent finance team
  • Lead the seamless transition from our team to your permanent finance team

Meet our team through an individual workshop customized to your startup

TALK TO US
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FAQ

How are you different Startup CFO services that are outsourced?

Our team of advisors is led by a veteran of finance in companies in all stages, ranging from startups to Fortune 500 companies, who works alongside the successful entrepreneurs who founded Companyon. As your strategic partners, we don’t see ourselves as typical providers of services at an arm’s length; we have lived through the challenges you’re facing and focus on preparing you to overcome them.

Who are the other vendors I need?

Our preferred bookkeeping providers either directly provide or provide discounted access to financial services like payroll processing and benefits brokerage. We also provide access to our network of business advisors including CMO-services and outsourced software development teams.

Do you perform bookkeeping?

We refer clients to trusted, preferred bookkeeping services, who we work hand in hand with as part of our ongoing service.

What is this going to cost?

Our packages are tailored to the stage and needs of your business. Clients will generally fit into three levels of service:

  • Systems Focus: Implementation and support of monthly close process with financial performance variance analysis presentations
  • Management Package: Ongoing support for investor and board presentations, and monthly strategic guidance
  • Full Support: A full financial systems, process and analysis package implementation, as well as on-demand support from your financial mentor at Companyon

Meet our team through an individual workshop customized to your startup

TALK TO US
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