OUTSOURCED CFO x CFO TEAMS

Financial literacy and clarity mean more confident and focused business decisions. DeepSky's CFO team provides strategic solutions like delivering actionable data for better cash management and operational efficiency. Your CFO will also provide directional guidance to your controller or bookkeeping team as needed.

OUTSOURCED CFO SERVICES

Financial literacy and clarity mean more confident and focused business decisions. DeepSky's Outsourced CFO team provides strategic solutions like delivering actionable data for better cash management and operational efficiency. Your Outsourced CFO and CFO team will also provide directional guidance to your controller or bookkeeping team as needed.

Our Outsourced CFO Services Include

An outsourced CFO is the liaison between your accounting team and your management team. We demystify your financials and provide actionable intel to help you see underneath and in-between your financial metrics to see around corners
– all at around 40% cost of an in-house CFO.

01

Assessment x Strategy

To know how to get to where you want to be, you must first know where you stand.

02

Cash Forecasting

Can you afford x? Where will you land in 30, 60, 90 days? A cash forecast is a must have tool for smart CEOs to navigate their business.

03

Year-End Review

How did we fair? Where do we stand? To know where we want to go, we must first know how we did financially this year and learn.

04

Business Road Map x Planning

An Outsourced CFO can help identify and plan your business roadmap to see if we have any risks or opportunities that lies in our financials.

05

Priorities x Vital Numbers
Identification

You need to keep your team focused. We help you identify the vital numbers to track to move your priorities forward.

DeepSky's Outsourced CFO Services Include

An Outsourced CFO is the liaison between your accounting team and your management team. We demystify your financials and provide actionable intel to help you see underneath and in-between your financial metrics to see around corners – all at around 40% cost of an in-house CFO.

01

Assessment x Strategy

To know how to get to where you want to be, you must first know where you stand.

02

Cash Forecasting

Can you afford x? Where will you land in 30, 60, 90 days? A cash forecast is a must have tool for smart CEOs to navigate their business.

03

Year-End Review

How did we fair? Where do we stand? To know where we want to go, we must first know how we did financially this year and learn.

04

Business Road Map x Planning

An Outsourced CFO can help identify and plan your business roadmap to see if we have any risks or opportunities that lies in our financials.

05

Priorities x Vital Numbers
Identification

You need to keep your team focused. We help you identify the vital numbers to track to move your priorities forward.

Questions x Answers

Like an in-house corporate CFO, an outsourced CFO provides high level financial and systems analysis, helps the management team understand the Company’s financial position, and provide actionable data that is in alignment with the strategy and direction of the company. Some popular challenges that an outsourced CFO can help resolve are, but not limited to, cash flow analysis, cash flow forecast, vital numbers and key metrics identification, and the measurement and tracking of the company’s financial performance.

Unlike an in-house corporate CFO, an outsourced CFO is a lot more feasible to bring into the ranks for an entrepreneurial business that is doing between $1 million to $20 million in revenue. While most in-house corporate CFO are used to the stability and structure of a large corporation, the new breed of outsourced CFOs are a lot more adapt to the fast-moving nature of small entrepreneurial businesses. An outsourced CFO typically share their expertise across a few small businesses; allowing them to learn and adapt at an accelerated rate, all the while reducing the burden of their salary by spreading it across a few clients.

While an outsourced CFO’s job is to act as the liaison between your financial team and your management, the data that he/she will need to do their job effectively comes from the CFO team – typically including a Controller, General Ledger Accountant, Accounts Receivable, Accounts Payable, as well as Bookkeepers.

The CFO team’s job is simple – provide the day-to-day accounting and bookkeeping heavy lifting so the CFO can have access to the correct financial information with ease.

In addition to the regular accounting tasks of managing and closing your books, they may also provide the CFO with data segmentation and financial analysis at the CFO’s direction to better understand a specific area of your business.

If the Outsourced CFO’s job is to do the right things to better understand your business, then the CFO team’s job is to do things right all the time. After all, business decisions derived from bad data is worse than no data at all.

An outsourced CFO service will costs you anywhere between $60,000 to $96,000 a year in 2020.

Contrast that with the cost of hiring a full-time in-house CFO, which is between $180,000 to $300,000 before taxes, benefits, and training. An outsourced CFO will save you anywhere between $84,000 – $200,000 per year.

DeepSky’s Outsourced CFO Service provides a more compatible relationship at just around $1700 per week (less than $89,000 per year.) That’s at least 49% of the cost when compared to an in-house CFO. 

All of DeepSky’s Outsourced CFO Services are priced upfront so there are no surprises at the end of each period. We spend a considerable amount of time to understand the financial needs of your business, your top of mind concerns, and the strategic direction of your business so that we can align your outsourced CFO’s efforts with it. 

An outsourced CFO’s job goes beyond the accounting department. They are really the financial liaison to the rest of the company. An outsourced CFO’s primary job is to align the financial operations with the company (CEO’s) strategic directions, analyze and communicate the financial finding of its accounting department, and hold the rest of the company accountable to their respective vital numbers and key metrics.

Typical outsourced CFO responsibilities include (but are not limited to): financial strategy, cashflow forecasting, department performance analysis, efforts vs financial results analysis, financial systems and processes design and build, vital numbers dashboard building, interpreting financial reports and schedules, cost analysis, revenue analysis, etc.

Some tasks that are better suited for a traditional in-house CFO are these: merger and acquisition, dealing with financial audits with an outside CPA firm, negotiating with banks and other financial institutes, capital structure, and fundraising.  

Questions x Answers

Like an in-house corporate CFO, an outsourced CFO provides high level financial and systems analysis, helps the management team understand the Company’s financial position, and provide actionable data that is in alignment with the strategy and direction of the company. Some popular challenges that an outsourced CFO can help resolve are, but not limited to, cash flow analysis, cash flow forecast, vital numbers and key metrics identification, and the measurement and tracking of the company’s financial performance.

Unlike an in-house corporate CFO, an outsourced CFO is a lot more feasible to bring into the ranks for an entrepreneurial business that is doing between $1 million to $20 million in revenue. While most in-house corporate CFO are used to the stability and structure of a large corporation, the new breed of outsourced CFOs are a lot more adapt to the fast-moving nature of small entrepreneurial businesses. An outsourced CFO typically share their expertise across a few small businesses; allowing them to learn and adapt at an accelerated rate, all the while reducing the burden of their salary by spreading it across a few clients.

While an outsourced CFO’s job is to act as the liaison between your financial team and your management, the data that he/she will need to do their job effectively comes from the CFO team – typically including a Controller, General Ledger Accountant, Accounts Receivable, Accounts Payable, as well as Bookkeepers.

The CFO team’s job is simple – provide the day-to-day accounting and bookkeeping heavy lifting so the CFO can have access to the correct financial information with ease.

In addition to the regular accounting tasks of managing and closing your books, they may also provide the CFO with data segmentation and financial analysis at the CFO’s direction to better understand a specific area of your business.

If the Outsourced CFO’s job is to do the right things to better understand your business, then the CFO team’s job is to do things right all the time. After all, business decisions derived from bad data is worse than no data at all.

An outsourced CFO service will costs you anywhere between $60,000 to $96,000 a year in 2020.

Contrast that with the cost of hiring a full-time in-house CFO, which is between $180,000 to $300,000 before taxes, benefits, and training. An outsourced CFO will save you anywhere between $84,000 – $200,000 per year.

DeepSky’s Outsourced CFO Service provides a more compatible relationship at just around $1700 per week (less than $89,000 per year.) That’s at least 49% of the cost when compared to an in-house CFO. 

All of DeepSky’s Outsourced CFO Services are priced upfront so there are no surprises at the end of each period. We spend a considerable amount of time to understand the financial needs of your business, your top of mind concerns, and the strategic direction of your business so that we can align your outsourced CFO’s efforts with it. 

An outsourced CFO’s job goes beyond the accounting department. They are really the financial liaison to the rest of the company. An outsourced CFO’s primary job is to align the financial operations with the company (CEO’s) strategic directions, analyze and communicate the financial finding of its accounting department, and hold the rest of the company accountable to their respective vital numbers and key metrics.

Typical outsourced CFO responsibilities include (but are not limited to): financial strategy, cashflow forecasting, department performance analysis, efforts vs financial results analysis, financial systems and processes design and build, vital numbers dashboard building, interpreting financial reports and schedules, cost analysis, revenue analysis, etc.

Some tasks that are better suited for a traditional in-house CFO are these: merger and acquisition, dealing with financial audits with an outside CPA firm, negotiating with banks and other financial institutes, capital structure, and fundraising.  

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Fill out the form, and we will reach out to you shortly!