CFO Services

CFO Central often approaches business owners with the following inquiries:

• Are you confident that all of your businesses’ direct costs are accounted for?
• Are you unsure if your business charges the right price for its product(s) and/or service(s)?
• Is your business challenged in bid or RFQ situations?

CFO Central has the resources to acquire the information needed for your business to become price competitive in its market.

Our pricing strategy helped one client go from $22 million in revenue to $50 million in revenue in 7 years.

CFO Central can develop an estimating or costing system from the ground floor, or validate the existing rates and programs currently in place.  We can make recommendations or implement changes so you never lose a bid again due to an inaccurate system.

From daily, weekly, or monthly management reports to full annual financial packages, CFO Central will prepare and distribute timely financial information to all of your key stakeholders. Financial packages include, but are not limited to: 

• Profit & Loss Statements
• Balance Sheet
• Cash Flow Statements
• Costing Reports
• Management Discussion Reports

We also can develop monthly and/or annual budgets or goals. This can be for your entire organization or broken down by smaller departments. Once budgets are developed we  then provide actual vs budget reporting on a monthly or annual basis. These reports allow management to see which areas need improvement, as well as where your strengths are. 

Key Performance Indicators (KPI’s) are another service we offer. We will develop and analyze the measurements most important to your business. Having a scorecard specific to each member of your management team helps develop a culture of continuous improvement and teamwork.

CFO Central is more than an accounting/bookkeeping house, however we do provide temporary staffing solutions if your company has recently experienced a temporary gap in its accounting department. CFO Central can provide temporary services in  Accounts Payable, Invoicing, Cash Receipts, Bank Reconciliation, Journal Entries. We can fill in the gaps, and you may just decide to keep us on board!

Are you planning to sell your business in the next few years? CFO Central can put together a plan to help you navigate the sale of your business for its maximum value.

In addition to stepping in as described above, CFO Central can assist in the leveling up of new accounting employees. Rather than relying on other staff or management to dedicate valuable time to the training and orientation of new financial services employees, let CFO Central assist in getting new hires up to speed.

Whether you are looking to install your company’s first ERP system, or you’d like help optimizing your existing system, CFO Central can help with that. Our knowledge with these systems can help you: 

• Streamline Business Processes 
• Enhance Data Accuracy & Integrity 
• Provide Real Time Visibility and Reporting 
• Improved Cost Control and Efficiency 
• Compliance & Security

Looking to increase your financial controls to prevent loss from internal/external sources.