Accounting & Finance (A&F)
This unique solution provides a dedicated finance team that operates inside of your business on a daily basis like an internal accounting and finance department would.
Equivalent to an In-House Accounting and Finance Department
No training or management burden
Fast Deployment
Lower Risk
Lower Cost: 20-50% Savings
A&F Department-as-a-Service
Our trained finance team of CPAs embed inside your business and functions like an internal Accounting and Finance (A&F) Department.
The team normally consists of the following experienced and fully trained team members:
CFO / Director of Finance
Accounting & Finance Manager
1 to 2 Accounting Staff
Our objective is to a build a financial infrastructure that will consist of 3 components:
People (our team 3: CFO, Manager, Accountant)
Systems (best software on the market)
Processes (standardized SOPs)
When we evaluate each component, we balance Cost, Efficiency and Scalability needs of the business
Our pricing begins at $5,000/mo
here's what our clients get as a base. when you need more, we deliver.
Our dedicated team consists of 3: Accountant, Manager and CFO. All on a fractional basis, but active inside the business. 3 separate skill levels allow for efficient management of workload and expertise.
We use slack or any other chat feature your prefer to stay in touch throghout the day. We will also manage a centralized accounting inbox for the business that is monitored daily by the accountant - your employees have a question? They can email your Accounting & Finance department.
Standard weekly calls to make sure things are running smooth
Generating audit-ready financial statements requires quality controls - our financial statements go through rigorous reconciliation and review process before being presented to the managers and investors.
Our standard monthly reporting includes an operational financial model that extrapolates current operations into the future to predict cash flows
Our standard monthly financial statements come with visual analysis to help you dig deeper
Our dedicated finance team will help you manage the operations of the business - whether it's running payroll, paying bills, or setting up a new SOP
We generate a Financial Operations Report that gives you a current view of financial statistics, critical transactions, and general operations.
We will keep track and organize all your company files and documents
We are active participants, not bystanders - we help our clients operate their businesses on a daily basis.
Compared to an in-house team, our solution has Lower Cost, Lower Risk & Faster Deployment.
Other outsourced services simply don't compare - others offer fractional solutions, we offer a complete one - an entire department that is actively helping CEOs manage businesses on a daily basis.
here's how our pricing compares to alternative solutions
The Finance Department Service package doesn't compare to traditional bookkeepers. If you're looking for a simpler bookkeeping service, we recommend checking out our bookkeeping service package.
Note that with other bookkeepers, you need to be mindful of quality - we find a lot of errors when clients transition to us from other bookkeepers.
Standard fractional solutions work well for projects, but they're not well-positioned to actually help you run the business. A fractional CFO will bill hourly at ~$250-$450/hr or a fixed fee for a small portion of their time.
Our Finance Department services include a CFO, a Manager, and an Accountant for a lower price than Pilot does just for a "high touch" CFO.
An in-house team is the best way to achieve the same level of active involvement as our Finance Team.
We built our Finance Department service package to rival this level of involvement. We plan ALL our engagements to eventually transfer it in-house. We'll even help you vet, hire and train your new finance team when the time comes.
CFO: 200K/yr | Manager: $80K/yr |
+ ~10% payroll taxes
Building modern scalable businesses is difficult - especially when you raise investor funding. The priorities are different and expectations are high. The pressure is on, time is ticking, and cash is burning.
Expectation: Investor-funded companies prioritize growth in company valuation above profitability and margins.
Our Approach: Increasing enterprise value requires knowing the market, establishing benchmarks, and hitting targets - we have market data, know the benchamarks, and help track against the targets. In the meantime, we forecast and plan cash flows to manage the runway.
Expectation: Investor standards are higher. The scrappy ways of a bootstrapped company need to evolve. Simple bookkeepers are no longer enough, structured systems and processes are the norm, and visibility is a must.
Our Approach: We have predefined everything a business needs: systems, processes, and workflows to operate with the highest standards your investors expect.
Expectation: Investors entrust their capital with you and you have a fiduciary responsibility to manage it well. Efficient Capital Management is a management practice that must be embedded in your business.
Our Approach: Managing capital requires careful planning, resource allocation and management skills - we have the expertise to help you build an infrastructure with strong controls that promote growth and scalability.