Devote your energy to innovation while our Virtual CFOs handle the complexities of inventory and financial analysis.
Manufacturers are the engine of all economies. We guide manufacturing clients through challenges from BOM reports to proper gross margins. We’ll help you develop long-term strategies to improve efficiency, reduce costs and enhance profit margins. We also help you keep an eye on cash reserves and opportunities.
Our approach is proactive and specific to manufacturing. We invest time understanding your cost structure from raw materials and labor through overhead allocation, so your BOM reports reflect accurate data rather than assumptions that quietly erode your margins.
For every manufacturing client, we analyze gross margin by product line, identify which products are actually profitable, determine proper safety stock levels, and build the cash flow forecasts that account for inventory lead times and seasonal demand. We also review your internal controls across purchasing, inventory, and payroll, the areas where manufacturing companies are most vulnerable to errors and fraud.
The two case studies below are real examples of what this looks like in practice.
Already looking for a CFO who knows manufacturing? Delegate CFO has worked with manufacturers across BOM analysis, gross margin optimization, and inventory planning for 20+ years. Fixed-rate pricing, no long-term contract, forensic-level oversight built in. Book a free consultation →
MANUFACTURERS TURNED FIRST LARGE PROFIT IN 20 YEARS.
Our manufacturing client has been utilizing a BOW software for 20 years. The software was never properly set up, and prior management was utilizing incorrect gross margin numbers. We discovered that some products were costing the company money just to produce. Through careful analysis of costs, and in particular labor and overhead allocation, we were able to determine which products to discontinue and where additional labor resources were needed. The effect was to have the single biggest profit year for the company since its inception 30 years ago.
MANUFACTURER IS ABLE TO REACT TO INVENTORY DELAYS.
Our manufacturing clients utilize the assembly of their products outside of the country. We helped them develop a budget for the fiscal year and a monthly forecast. This then allowed them to determine the minimum order time they needed to be able to meet those budgeted goals. The budget also allowed the client to be able to plan significant cash outflows.
Who You're Working With
Steve Hovland, Certified Forensic Accountant
Former CPA firm partner with 20+ years of financial leadership experience, including extensive work with manufacturing companies. Every Delegate CFO engagement is led directly by Steve, bringing forensic-level oversight to your BOM reports, cost structure, gross margin analysis, and internal controls from day one.
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.
Your dedicated Virtual CFO partners with you year-round on the decisions that actually move your business forward. You get cash flow forecasting, a rolling 12-month forecast, company-wide KPIs, performance tracking by project and team member, bank relationship management, and up to 6 virtual meetings per month. If you’re making major decisions about growth, hiring, or financing and need a senior financial partner in your corner, this is the right fit.
Your Virtual Controller focuses on the accuracy and reliability of your financial reporting. You get a clean month-end close, GAAP-compliant financial statements, company-wide KPIs, 12-month forecasting, and up to 2 scheduled meetings per month. The right fit if you need stronger financial infrastructure and forward-looking reporting without full CFO-level strategy.
Your Virtual Accounting Manager picks up where your bookkeeper leaves off. We review your books at month-end, adjust to accrual accounting, and produce financial statements you can hand to your banker or shareholders. The right fit if you need a senior review layer over your existing bookkeeping without the cost of a Controller or CFO engagement.
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?