A CFO for growing companies and start-ups, without a full-time salary
When your accounting is in order but something is still missing for decision-making, the next step is financial management. We help you see cash flow, profitability, the budget and KPIs so that the numbers are genuinely useful.
When is it time for a CFO?
You have the reports, but decisions are still hard
The numbers arrive, but they don't tell you what to change, where to invest or where to put on the brakes.
Too little cash for your revenue
Revenue is growing, but you don't feel it in the bank. Cash flow is tight and every month brings surprises.
The budget doesn't keep up with real life
There is no plan, or it's out of date, and actual results don't feed into the next decisions.
A full-time CFO is still too big a cost
You need CFO-level thinking, but not 40 hours a week.
A start-up has to keep an eye on runway and burn rate
When growth, investment and costs change quickly, someone has to know how long the money will last.
Who the service is for
Growing companies
When management needs more than a report produced at the end of the month to make decisions.
Start-ups
Financial model, burn rate, runway and investor reporting.
Companies working with banks and investors
When financial information has to support a loan, an investment or regular reporting.
Groups
Several legal entities, a consolidated view and shared costs. See accounting for groups →
What financial management includes
- Cash flow forecasting and monitoring
- Budget and budget-versus-actual analysis
- KPIs and a management report
- Profitability by product, client or project
- Pricing and margin analysis
- Investment payback calculations
- Financial model and investor updates
- Communication with banks and investors
- A monthly strategy meeting
I have seen time and again that good accounting alone won't save a company from poor financial management. The numbers are there, but nobody looks at them with a business decision in mind.
Kaide-Liis Luht, KL Raamatupidamine
How we work together
- Getting to know you. You get one dedicated contact person, your own CFO, who knows your business.
- First month: laying the foundations. We review your existing reports, map the risk areas and agree on which management information matters most to you.
- Monthly rhythm. A management report, budget-versus-actual comparison and a strategy meeting where decisions are made.
What sets us apart
A team behind you
You're not buying one person's time – you get a partner with a whole team behind them.
Accounting and financial management in one place
Information flows faster, and the picture you need for decisions comes together with less effort.
We work with your software
We don't require you to change systems. We can also work together with your current accountant.
Client story
Reverse Resources: a year's work in three months
Three countries, three business lines and different accounting systems. Ann Runnel had searched for a solution for almost five years and expected that taking the financial systems to the next level would take at least a year. With KL Raamatupidamine it took three months.
Now I feel so much more supported, because I no longer make these financial decisions alone.
Ann Runnel, founder and CEO of Reverse Resources
Price
| Service | Price (+ VAT) |
|---|---|
| Business controlling: business and financial process diagnostics (starting at) | from €490 |
| Part-time CFO | from €500/month |
| Budget or business plan (project) | from €990 |
| Financial model and forecast for a bank or investor | from €1,290 |
We usually start with business controlling and continue based on what is actually needed.
Frequently asked questions
What is the difference between accounting and financial management?
Accounting records the transactions that have taken place and meets tax obligations. Financial management looks ahead and helps you make data-based decisions and manage risks.
Do I have to hand my accounting over to you as well?
No. We can provide financial management in cooperation with your current accountant.
Is the service suitable for a start-up?
Yes. We help build a financial model, track burn rate and runway, and prepare investor updates.
When does it not yet make sense to hire a full-time CFO?
If you need expert knowledge but not 40 hours a week, outsourcing the service is many times cheaper and more flexible.
Start with a free 30-minute call
We'll discuss where your company stands today and whether the next step is business controlling, ongoing monthly cooperation or solving a specific problem.
or call +372 5880 2654