Delegate CFO provides fixed-rate virtual CFO services for growth-focused businesses ready to scale with confidence. Experience expert financial strategy, without the full-time salary.
Every set of financials is reviewed by a Certified Forensic Accountant.
Evaluate your organization's financial controls and identify improvement opportunities
A Fractional CFO (also known as a Virtual CFO) is a remote-based financial executive who brings high-level financial strategy without the cost of a full-time hire. Here’s what we do:
Fractional CFO services provide companies with insight into their future. Unlike traditional accounting—which is a representation of the money that has already come into a business or has been spent by a company—fractional accounting goes further. It addresses how companies project and plan the business’s future to enable growth and to reach its full potential.
A Virtual CFO is a great fit if your business:
With a Virtual CFO, you get expert support without the overhead.
Why Work with Delegate CFO?
Delegate CFO goes beyond basic financial services. Here’s what makes us different:
Delegate CFO helps you make confident financial decisions for now and in the future.
Delegate CFO services are customized to help your company reach its financial goals. We match the services needed to make your operations more profitable. Don’t need it? You don’t pay for it.
We understand small business. Below is an example of some of the services we offer with the fractional and virtual CFO package.
We ensure accounting records include all the correct accruals and adjustment to give an accurate picture of operations. We verify there is supporting information for all major accounts. Accurate financial information is key to be able to make correct management decisions on the company’s future
We provide a balance sheet, income statement, and cash flow statement in accordance with generally accepted accounting principles (GAAP). These will be statements that you can give to your banker and all shareholders.
We host scheduled virtual meeting to discuss the various aspects of your financials. Virtual meetings allow for face-to-face connection and are extremely productive for our clients.
We will provide the most critical company-wide Key Performance Indicators to help you reach your goals.
Knowing your break-even point is crucial to the survival of your business. We not only calculate the break-even for you, we keep you and your sales department aware of the sales needed to keep the bills paid.
Free cash flow is the amount of cash a business can utilize after all the costs have been paid. We design the Free Cash Flow to correspond with your forecast so you can not only see what you have, but what you are projected to make.
What are your drivers for revenue and expenses? We will help you understand these levers and walk you through ‘what-if’ scenarios to better understand the effect of a decision.
A budget is the goal of the company, the forecast is the map on how you are going to get there. We perform a 12 month rolling forecast for your company so you can react to changes and head off any surprises in cash flow.
Revenue now is great, understanding where your revenue is going to be 2 -3 months from now is key. We help your sales department build a financial pipeline report and allow for enough time to pivot if cash flow will become strained.
What is your cash efficiency by project? We help you understand the concept of cash efficiency which allows you to shift resources on the projects that truly contribute to the health of your company.
Service-based companies have employees who charge their time. We develop key metrics for each employee level. This allows management to understand the impact on personnel decisions and identify the revenue producers for each company.
Not all information relevant to the health of our company is in the financial statements. Items such as customer satisfaction can have a tremendous impact on revenue and never appear in your general ledger. We develop metric reports to create additional resources that help managers understand the non-financial metrics affecting the bottom line.
We develop the necessary external funds needed models to help explain the benefits or risks encountered with expansion. If reduction is the focus, we help guide you through the process on getting away from excessive debt.
We develop and nurture your company's relationship with financial institutions. Additionally, we will coordinate Line of Credit reviews and get bids from other banks. We focus on getting the best rate and terms possible.
In addition to the forecasting, we will make sure the resources of each company are utilized to their fullest. Whether it is clearing a bottleneck or removing equipment that is not producing, we focus on all resources to get the best ROI.
At DelegateCFO, we understand the sensitive nature of your financial information. Protecting your data is a top priority, and we are committed to the highest standards of security and confidentiality.
Our data security protocols include:
You can trust DelegateCFO to handle your business’s financial information with the utmost care and discretion. If you have questions about our security measures or practices, please contact us.
Our fee structure has a fixed price for one year. There are no surprises. The services and price each month won’t change.
Our founder was a partner in a mid-size public accounting firm for 20+ years. During that time, he oversaw the financials of large and small businesses. In addition to being a CPA, he is also a Certified Forensic Accountant.
What makes Delegate CFO different than our competitors? We have the ability and knowledge to secure your internal controls and guard against fraud in your organization. Traditional controller services, with additional expertise in forensic accounting.
Delegate CFO was founded by Steven D. Hovland (#TheForensicCFO), Certified Public Accountant (CPA), and Certified Forensic Accountant (CRFAC).
After 20 years in the public accounting arena as a partner in a mid-size public accounting firm, Steve began brainstorming a client-centered model for fractional CFO services that favors you, the client.
Steve realized the old model of doing things in the accounting world no longer worked to the client’s advantage. The archaic systems didn’t evolve with technology or the digital age. Billing clients hourly to tell them what they already knew and then charging for any inefficiencies that were found resulted in the dreaded “additional billings.” He believes that the price quoted upfront should be the price of the service. Period.
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How can we help your company thrive?
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2536 Rimrock Ave
Suite 400-139
Grand Junction, CO 81505
