contract CFO-- big company financial management expertise on a
small company budget.
small and medium-sized companies have a serious gap in their senior-level
management accounting processes and reports. They have a bookkeeper
who produces historical financial reports, and they have a CPA
to handle tax matters and advise on certain accounting issues.
But the management accounting functions of controller and CFO
are frequently not performed.
result is predictable. While better-organized competitors are
planning and executing strategic campaigns, these smaller firms
are forced to deal with cash flow problems and profitability issues.
Worse yet, they're often attempting to solve critically important
problems while "flying blind." They don't have an adequate
grasp of their internal performance trends.
companies simply can't afford the cost of a full-time controller
or a CFO with management accounting training and real-world experience.
But without such resources it's hard for them to get out of first
gear and grow into stable profitability. How can they get out
of this stalemate?
the small to mid-size company doesn't usually need a full time
controller or CFO. It is better served by scheduled reports and
visits. It needs an accountant (one who is experienced in operations
management and finance issues) to support its existing bookkeeping
staff and guide its top management.
The Pathfinder Metrics Contract CFO program provides these
essential functions on an affordable monthly basis. Our clients
like the way we communicate regularly, and the way we focus on
their key performance indicators. In addition, the program includes
an "on-call" feature to provide support when unexpected