What is a Credit Memo? | Outsourced Accounting Services
What is a Credit Memo? Small, medium, and large business owners sell their products to a wide variety of customers and clients. Sometimes orders become
Delegate CFO offers outsourced controller services expertise at fixed rate pricing. Our outsourced controllers focus on proactive planning to help protect profits and manage cash flow. Work with a trusted virtual controller to grow your company’s wealth today.
A virtual business controller or fractional controller is an accountant responsible for making sure accounting records are complete and accurate. A controller will also provide reporting analyses to be proactive with company assets.
Controller responsibilities include the following:
By using our controller and fractional controller services, you’ll be able to bring in experienced accounting professionals at a fraction of the cost of a full-time controller. If you’re in the process of actively growing your company, a controller can help you be proactive with your financial assets.
With the aid of a online financial controller, a company gains insight into the financial health of the business at any point. A small business online controller helps your company grow financially. Careful, clear planning and transparent data enable companies to achieve their goals.
Our controller services will help you:
An outsourced fractional controller is an investment that even small business owners can count on. If your company is growing, changing directions, or simply getting off the ground, having the resources of a financial controller is by far the best way to prepare for the major decisions to come.
Management of your company’s finances is critical to its long-term growth. Yet, many business owners lack the time and know-how to gain a true understanding of where they stand. The sooner a professional is brought on board, the more likely the company is to make better decisions moving forward.
Working with an online controller—rather than hiring a professional to handle the work for you in-house—also keeps the cost of these services lower. That opens the door for smaller or younger companies to utilize these services to gain insight into the business’s financial health at any time.
With years of experience aiding companies in all sectors, Delegate CFO is your ideal choice for a small business virtual controller. Our team is uniquely capable of providing one-on-one guidance and expertise. We strive to help companies save money, grow revenue, and make better financial decisions. With flexible services and competitive rates, we take the guesswork out of managing your business’s finances.
Delegate CFO controller services are customized to help your company reach its goals. We have the ability to match the correct services to make your operations more profitable. Our fee structure locks in the price for one year. So you know the services and price each month.
Below are some of the services we offer with the virtual controller package.
We make sure your accounting records include all the correct accruals and adjustment to give you an accurate picture of your 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 your company’s future.
We provide 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 more 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 and 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 enough time to pivot if cash flow becomes strained.
The controller's role is to help your company move from being reactive to proactive in the financial strategy. We train your internal staff to shift into the proactive approach in the financial statements to accelerate towards growth.
Our controller consultants will help you develop forecasting, implementing Key Performance Indicators (KPIs), examining cash flow, and working with the sales department.
We work with you to help guide your business from reacting to changes in cash and profit, to planning and forecasting your growth for the future.
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.
What is a Credit Memo? Small, medium, and large business owners sell their products to a wide variety of customers and clients. Sometimes orders become
What is a Key Performance Indicator? Small and medium business owners are pressed for time—they wear multiple hats while keeping their customers, vendors and employees
What is Free Cash Flow? Businesses survive and thrive on cash. Cash allows businesses to take risks, seek new opportunities, and to strengthen their financial
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What’s a Fractional CFO & What Do They Do? Talk with one of our Fractional CFOs today! Schedule a FREE Consultation