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.
WHAT WE CAN DO FOR YOU
Our approach is proactive and personal. We invest time in understanding you, your business, and your unique needs and objectives. We analyze your cost structure, from raw materials to labor to overhead. We make sure your BOM reports are pulling the proper cost data. We tailor our Virtual CFO services to each manufacturing client, from analyzing the gross margin by product to determining the proper safety stock and everything in-between. We make sure the CFO goals are in-line with the success of your business.
WHO WE WORK WITH
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.
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.
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.
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.
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.
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?