FRACTIONAL CFO

TECHNOLOGY

COMPANY

CASE STUDY

SITUATION / BACKGROUND

A California based technology firm had

spun up a professional services

consulting business to support its

technology sales and clients. The new

company needed a fractional CFO to

provide support for the business.

CHALLENGE

• New Co had OpEx investment from parent company for key roles and market development
• New Co needed full financials, market projections, payroll, and reporting for Board / Investors

STRATEGIC STEPS

• Leadership team met in CA and in Arkansas to develop financial strategy to support overall plan
• Developed budget and forecast
• Built scenario tool for revenue capture, OpEx use of funds, with supporting KPIs and reports

RESULTS

The result of the work provided an accurate financial projection generating strong Board confidence.

• Detailed Financials

Built full financial package with supporting GL codes, margin / revenue forecasts, and budgets. Provided KPI and reporting for leadership and BOD meetings.

• Scenario Tool

Built cash flow scenario tool, prioritizing use of funds and funds required based upon velocity of revenue capture. Tool was supported with KPIs and monthly reporting to ensure enough cash on hand.

• Monthly Leadership Team

Participated in weekly and monthly leadership meetings providing full financial reporting.