At OnTheGo Accountants, we understand how important cash flow is for the success of a startup. This is why our CFO packages have been specially designed with startups in mind.
A CFO (Chief Finance Officer) is responsible for the strategic financial planning of your business, as well as the company’s financial operations. This includes:
Choosing the right finance partner can be difficult as you need to have a shared vision for your startup. Your trusted partner will help you not just with building a financial model but also designing an entire finance function which can scale with your growth.
Your dedicated CFOs will become part of your team, sharing the same pains and goals, as you set the KPIs for the success of your startup.
Your CFO team will have a combined knowledge of Growth Strategy, Financial Modelling and Accounting Reconciliation as we believe all these areas require specialised expertise.
We can complete your finance stack with our bookkeeping, payroll and year end compliance services. Our optional tax add-ons include R&D tax credit, SEIS, EIS and EMI valuation services giving you the flexibility to build your entire finance function all under one roof.
Subscription based CFO with ongoing support
one-off fee plus VAT
Prepare cashflow forecast for 12 months
(based on historic data and assumptions)
Scenario planning
Annual budget
Metrics/ KPIs to track monthly
Complex forecast
(by subsidiary/ department/ product)
Monthly ongoing support not included
plus VAT
Track and update financial metrics
Review and analyse KPIs
Run actuals vs forecast
Perform variance analysis
Review aged debtors
Review supplier payments
Monthly meeting
plus VAT
Consolidated reports
Intercompany eliminations
Revenue recognition
Custom management reports
(by product/ by department etc.)
Revenue forecasting
Employee headcount planning
Pricing & cost analysis
Burn rate and runway
HOW IT WORKS?
We will arrange a call to understand the assumptions for your revenue growth and expenses.
We will asses new market opportunities and see if the business will benefit from expanding into the US.
We will track and update your financial forecast and set new targets/ KPIs each month.