Virtual cFO Services

For Law Firms

Represent your clients, let us handle the finances.

Billable hour expectations, utilization rates, work in process, accounts receivable. While law firms work hard at representing their clients, they sometimes need assistance with the business side of the firm.  We’ll work with you to build or enhance your internal financial reporting and controls, making it easier for you to get work billed, collected, and ultimately bonuses paid.  

 WHAT WE CAN DO FOR YOU

Our approach is proactive and personal. We invest time in understanding you, your firm, and your unique needs and objectives. We analyze billable hour expectations, utilization rates, new work pipeline, billing rates, leverage and more.  We tailor our Virtual CFO services to each law firm client, from weekly WIP meetings, to budget to actual hours to everything in-between

OUR EXPERIENCE

Our founder was in public accounting for 20+ years, working his way up to a full partner in the audit practice. He was involved in every aspect of the audit department’s financials, from setting billing rates, monitoring WIP and collections, analyzing billable and chargeable hours, and overall utilization. The business side of public accounting is similar to the business side to that of a law firm. On top of his extensive knowledge on the business side, he has also worked with many attorneys as an expert witness in fraud and accounting matters.

Virtual CFO Services

We offer three different service levels, each with additional a-la-carte services that can be added on, so you only pay for exactly what you want and need.

VIRTUAL CFO

Our Virtual CFO service provides year-round strategy by partnering you with a Virtual CFO and a remote accounting team. Our Virtual 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— Virtual CFO goes further. It addresses how companies project and plan the business’s future to enable growth and to reach its full potential.

If you have a growing business that needs professional financial advice but don’t need a full-time CFO or controller, our Virtual CFO service is a perfect fit.

CONTROLLER

Our Virtual Controller is an accountant responsible for making sure accounting records are complete and accurate. With the aid of a Virtual Controller, a company gains insight into the financial health of the business at any point. They help your company grow financially. Careful, clear planning and transparent data enable companies to achieve their goals.

If you’re a growing business that needs professional financial advice don’t need a full-time Controller, our Controller service is a perfect fit.

 
 
ACCOUNTING MANAGER

Our Virtual Accounting Manager takes over where your bookkeeper leaves off. We review the information at month end close and adjust to accrual accounting. Essentially, we perform a ‘mini-audit’ each month to ensure information is complete and accurate. Without accurate financial statements, a business cannot react properly to the business environment.

If you’re a growing business that needs professional financial advice, our Accounting Manager service is a perfect fit.

Pricing for virtual cfo services

Delegate CFO promises we will never hide our pricing or charge you ‘hourly billing’ rates. Our fees are fixed and based on your company’s specific needs. Our pricing is fixed for 12 months and you are never billed for miscellaneous items.

During our free consultation, we’ll discuss the services your company needs and your personal and professional goals. As an added benefit, all of our meetings are held virtually.

Looking for more detailed information on our virtual CFO charges and service packages?

ACCOUNTING MANAGER

$ 800 Avg. Weekly Rate
  • Month-End Close
  • Financial Statements
  • Scheduled Meeting (x1/mo)
  • Online Support (unlimited)

Controller

$ 1000 Avg. Weekly Rate
  • Month-End Close
  • Financial Statements
  • Scheduled Meetings (x2/mo)
  • Online Support (unlimited)
  • Company Wide-KPI
  • 12-Month Forecasting
  • Accounting Standards

virtual cfo

$ 1400 Avg. Weekly Rate
  • Month-End Close
  • Financial Statements
  • Scheduled Meetings (x6/mo)
  • Online Support (unlimited)
  • Company Wide-KPI
  • 12-Month Forecasting
  • Accounting Standards
  • Incentive Plans
  • Performance By Project
  • Team Member Performance
  • Department Performance
  • Customized Department Reports
  • Bank Relationships
  • Director Meetings
  • Resource Planning

Learn more about our Virtual CFO services