We believe with technology and process, accounting can truly be virtual. With CFOShift, you will
- Shift your costs from fully loaded internal to incremental as needed
- Shift your headcount and floor plan from hard and real costs to virtual and variable
- Shift your focus from just bookkeeping to understanding and using the accounting results
- Shift your accounting from reactionary to proactive. Incubate your accounting to grow with you
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Core Accounting
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Fractional Controller
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Fractional CFO
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Executive Coaching
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Using your cash account activity, we prepare base level financial reporting (cash basis). We prepare as periodically as you require. We add discipline to your process by capturing required source documentation supporting the transactions which saves you significant costs later when you graduate to being audited and we add more value to your company when you undergo due diligence by any potential acquirers or investors.
As you grow your business and reap the returns on your investment in the Core Accounting you will likely require greater analysis and insights. Your operations may also require more processing and internal control implementation. However, you likely are not at the point of needing a full time controller. We provide controllership services on a fractional basis - you then pay a portion of a highly qualified controller rather than the entirety of a less experienced controller.
As your business enters larger subsequent investment rounds, investors will require greater complexity in your financial reporting such as investor reporting, capital structuring and larger more complex transactions. You will also graduate to GAAP accounting. At this juncture, our fractional CFO services can leverage our Core Accounting and Fractional Controller services and quickly ramp your company's financial acumen.
Our experienced CFO's also provide coaching to early stage founders as well as younger, less experienced CFO's. We help your talent grow and mature with your Company at an accelerated rate and we act as a safety net to the aspiring financial stars.
With CFO Shift you avoid:
- employment liability matters,
- payroll overhead,
- inability to scale your accounting with your business,
- paying for more than you need.
Your options - The choice is clear
Do they: |
CFO Shift |
CPA firm |
Consultant |
Employee |
Have an accounting background |
YES |
Yes |
Maybe |
Maybe |
Have CPA's |
YES |
Yes |
Maybe |
Maybe |
Have controller experience |
YES |
Maybe |
Maybe |
Maybe |
Have CFO experience |
YES |
Maybe |
Maybe |
Maybe |
Not require physical space in your offices |
YES |
Maybe |
No |
No |
Have redundancy of personnel |
YES |
Maybe |
Maybe |
No |
Have scalable operations |
YES |
Maybe |
Maybe |
No |
Avoid employment liability |
YES |
Yes |
Yes |
No |
Have ability to add expertise on a fractional basis |
YES |
Maybe |
Maybe |
No |
Have this as their core business |
YES |
No |
No |
No |