Controller / CFO Services
Overview: The bottom line value proposition underlying Controller/CFO outsourcing is that it allows companies to focus on their core business activities and saves money. Many small-to-middle-sized companies simply do not need a top tier in-house CFO or Controller in the office each and every day. Rather, the skills of a CFO are typically needed to address those infrequent strategic transactions, such as business combinations and intense financing arrangements, and the related negotiations. A Controller may be appropriate in complex organizations, such as multi-location enterprises, highly regulated businesses or businesses that operate in a complicated industry sector. These are usually not the circumstances confronted by small-to-middle-sized companies. Outsourcing these services saves the costly overhead of adding a new executive member to your team. In an outsourcing arrangement you pay only for the services you require with no expensive benefits packages.
Services: Our team of Financial Management Professionals includes former CFOs and Controllers who are individually focused on meeting the specific, co-developed objectives of your organization. We focus on your strategic transactions in the following categories:
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Mergers and Acquisitions: We perform the appropriate due diligence procedures that you require to make the buy-sell decision.
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Post Merger Integration: The merger is only the beginning. Once that is accomplished, all of the planned actions to integrate operations and achieve the synergies, which justified the merger, require close management.
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Complex Financings: Whether working with Commercial Banks, Investment Bankers or Venture Capitalists, our team can “package” the proposals that are effective and understandable.
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Business Plans: Carefully written business plans have tremendous value, both internally and externally.
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Complex Accounting: Working with our Accounting and Valuation Professionals, our Financial Management Team will get the right accounting for your strategic transactions.
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Special Projects: There is likely an endless list of important projects that go undone because of a lack of resources. Let us discuss a plan with you to knock out some or all of those projects.
Case Study: An outsourcing executive, who is a former CFO of two public companies, was engaged to facilitate the in-process roll up of four companies in response to industry contraction and financing opportunities. The company owners were frustrated over continuous delays in funding. Early in the process, he reviewed the arrangements with the funding representative and determined that the terms were significantly beyond current multiples being received. Upon consultation with investment banking sources that we have developed relationships with, this was confirmed. As a result, the overall structuring of the roll up and financing was restructured to be more attractive to the funding institutions.