Our Services | CFO Services

Your Strategic Partner in Financial Strategy and CFO Solutions

We are your partner in guiding your business toward sustainable growth and financial stability, relieving you of the stress of managing complex financial matters.

Why Choose Strata Cloud Accountants?

Cost-Effective: Fractional CFO services are typically 50% less than hiring an in-house CFO.
Expert Leadership: Benefit from a strategic financial partner aligned with your business goals.
Investor & Stakeholder
Representation: Strengthen financial credibility and decision-making.
Data-Driven Decision Support: Ensure your business investments are profitable and prevent decisions that could lead to profit loss.
Integrated Accounting Team: Full support for bookkeeping, reporting, and financial statements.

How We Support Your Business

Strategic Financial Planning & Analysis

We align long-term financial strategies with your business goals, providing accurate budgets, forecasts, and analysis to drive growth and profitability.

Cash Flow Management

We optimize working capital and identify cash flow bottlenecks, ensuring your business remains liquid and efficient.

Budgeting and Cost Control

We create tailored budgets and identify cost-saving opportunities to reduce expenses and fuel reinvestment in growth.

Fundraising & Investor Relations

We prepare financial projections, create compelling pitches, and provide the financial creditability to attract and reassure investors.

Risk Management

We monitor your financial health and mitigate financial risks, protecting your business from market fluctuations and unforeseen challenges..

Flexible & Scalable Support

As your business grows, we offer flexible, scalable financial support, becoming your trusted partner in expansion.

How We Help You Achieve ROI

Step 1. Clarify Your Business Goals

Many businesses don’t have a clear vision of their goals, and that’s okay – it’s our role to help you define, refine, and achieve your financial goals.

As your Fractional CFO, we will manage financial health, oversee budgeting, provide insightful reporting, and drive strategic financial planning for short-term gains or long-term success.

No matter the size of your business, clear objectives are crucial. But when you’re in the thick of daily operations, defining them can be tough. Consider these examples:

Step 2: Set Proper Objectives

We will break down your vision into quarterly and monthly financial targets using the S.M.A.R.T. framework:

Specific

Goals need to be specific and clearly defined. For instance, if you aim to expand your business, determine the exact growth target, like increasing sales revenue by 30% by acquiring one new location.

Measurable

Goals should be measurable so you can track your progress. We leverage data and establish financial KPIs to evaluate results, identify opportunities for process improvement, and hold team members accountable.

Achievable

Consider whether your team possesses the necessary skills to reach this goal. While the goal should be achievable, it should also be sufficiently challenging to foster growth and fulfillment within your organization.

Relevant

Your objectives should align with your organization’s mission and values. In this context, your financial target should support the organization’s long-term goals.

Time-bound

Establishing deadlines is essential to ensuring your objectives are met on time and keeping your team focused and accountable.

Step 3: Craft Your Strategic Financial Roadmap

Once we define your goals, we create a customized annual strategic plan with key financial metrics, such as cash flow, net profit, and revenue. This roadmap includes:

Break It Down Into Specifics

We own the plan like it’s yours, so you don’t have to worry about whether it works. For example, if you want to increase revenue, we will explore all the necessary steps, from team expansions to equipment investments.

Financial Blueprint and Collaboration

While preparing a financial plan for you, we will meet as frequently as weekly to discuss and assess its alignment with your objectives. We will collaborate with you so you can examine the plan and question whether it is on the correct path.

Accountability

From the planning to the end goal of achievement, steadfast accountability is essential. After establishing and planning goals, we will communicate regularly and provide detailed financial reporting, fostering a culture of accountability crucial for success.

Executive Decision-Making

The heart of our service lies in the support for executive-level decision-making and problem-solving. For business owners and corporate leaders, each decision can have far-reaching implications. We empower you to make these critical choices by revisiting your goals and evaluating the impact on your overall business strategy. We don’t just look at the numbers; we analyze how this decision aligns with your goals, affects the financials, and influences your long-term plan, leading you to an informed and strategic decision.

Repeat and Refine

Your financial roadmap isn’t static because it evolves as your business grows. We continuously refine strategies, adapting to new challenges and opportunities to keep your business successful.

Our Technical Financial Expertise and Management

Beyond financial strategy, we provide hands-on support in:

Financial Analysis: We dive deep into your financials to extract insights that drive better business decisions.
Financial Reporting: We provide comprehensive reports that offer clarity and drive action.
Financial Process Guidance: We act as a resource for your internal finance team, enhancing their capabilities without overstepping into management.
Cash Flow Forecasting: We predict future cash flows to ensure liquidity and operational efficiency.
Budgets & Projections: We craft detailed budgets and projections that align with both short-term actions and long-term objectives.

At Strata Cloud Accountants, we provide the financial acumen and support you need to focus on leading and growing your business, whether you’re a passionate entrepreneur or a seasoned corporate executive.

Case Studies

Happy

Goods

Inc.

Case Study Highlight

The Challenge

Scaling Finance Operations: The existing accounting team lacked the experience to establish the standardized operational and procedural frameworks required for the next growth phase.
Leadership Void: The impending departure of their controller created an urgent need for seasoned financial leadership.
Need for Financial Strategy: Happy Goods needed to secure competitive funding for expansion while improving cash flow management and profitability.

The Impact

Secured Financing: Leveraged banking contacts to secure a highly competitive expansion loan, potentially saving at least $420K in interest over the first ten years.
Strategic Leadership: We became their trusted advisor, holding regular meetings with Happy Goods’ internal team to track progress and prioritize key deliverables on a weekly, monthly, and quarterly basis.
Streamlined Accounting Processes: We improved the accuracy and speed of their financial reporting, reducing the review period from a six-month lag to delivering financials within one week of a closed period.

FAQ

What size of business can benefit from a Fractional CFO?

Businesses of all sizes can benefit, from startups needing strategic financial direction to established companies looking to optimize financial performance. Our services are particularly valuable for SMEs looking for executive-level financial expertise without the cost of a full-time CFO.

Can a Fractional CFO help with fundraising and investor relations?

Absolutely. A Fractional CFO plays a crucial role in fundraising efforts and managing investor relations. They prepare financial projections, equip the “story” behind your roadmap, and provide the financial credibility needed to attract and reassure investors.

What is the typical duration of engagement with a Fractional CFO?What is the typical duration of engagement with a Fractional CFO?

The duration varies based on your business needs. Engagements can range from a few to several years. We offer flexible arrangements to ensure our services align with your evolving business objectives.

How does a Fractional CFO work with existing financial teams?

A Fractional CFO collaborates seamlessly with your existing team, providing leadership and strategic direction. They can mentor your staff, optimize financial processes, and integrate with your team to enhance overall financial management.

How does Strata Cloud’s fractional CFO service differ from traditional CFO services?

Unlike traditional, full-time CFOs, our Fractional CFO services provide flexible, scalable solutions tailored to your specific business needs and budget. Strata Cloud focuses on delivering high-quality financial expertise without the long-term commitments or overheads associated with a full-time CFO.

When do I need a CFO?

Knowing when to bring in a CFO depends on the stage of your business and its growth. Early on, business owners often juggle multiple roles, including that of a CFO. However, this “wearing many hats” approach becomes increasingly difficult as your business grows and strategic financial decisions require more attention.

While you can manage without a CFO for a while, there comes a point when your business needs higher-level financial expertise. A CFO is crucial for guiding critical decisions, managing financial risk, securing funding, and ensuring long-term growth.

When have I outgrown a fractional CFO?

We’d say this means your business is growing! As your business grows, financial operations, reporting, and strategy become more complex. A full-time CFO can provide deeper involvement in overall financial strategy and decision-making, greater availability and attention to urgent financial matters, and ongoing leadership. However, we’ve seen fractional CFO services work well for companies with up to $50M in revenue, delivering high-value financial strategy at a fraction of the cost.

Gain Access to a Full Bookkeeping Team

On top of CFO consulting and strategy, our team of bookkeepers can also integrate with your business, handling bookkeeping, reporting, and financial statements to keep everything accurate and up to date.

Ready to Strengthen
Your Financial Future?

Let’s build a financial strategy that delivers real results.

Connect with an Expert.

Having accurate, timely, understandable and actionable financial data can be a weight off your shoulders and bring clarity to previously foggy aspects of your business.

Unlike many other bookkeeping firms, our top priorities are communicating and building a trusted advisor relationship with you.

Tell us a little about yourself and an expert will reach out to connect with you.

Gain insider perspectives

Tips and Insights to Help You Better Navigate Your Business Finances

Embark on a journey of financial enlightenment with Strata Cloud Accountants’ comprehensive Resources Section. Here, you’ll find a rich array of Blogs, Articles, and White Papers, each a trove of knowledge and insights into the world of Fractional CFO services. These resources are meticulously crafted to guide you through the nuances of financial strategy and management, offering valuable perspectives for business owners and decision-makers. Whether you’re exploring sophisticated financial concepts or seeking practical advice for your organization’s fiscal challenges, our collection is an invaluable tool for enhancing your financial acumen. Dive into our thought-provoking content and empower your financial decision-making.