VIRTUAL CFO SERVICES
Executive-Level Financial Leadership at a Fraction of the Cost
Every growing business reaches a point where basic bookkeeping isn’t enough. You need strategic financial guidance—someone who can interpret your numbers, forecast your future, and help you make data-driven decisions that drive growth.
But hiring a full-time Chief Financial Officer isn’t practical for most small and mid-sized businesses. The solution? Boulder CPAs’s Virtual CFO services.
Part-Time CFO Functions at Fractional Cost
A full-time CFO commands a salary of $150,000 to $300,000 or more, plus benefits. Boulder CPAs’s Virtual CFO service delivers executive financial leadership scaled to your needs and budget.
What You Get:
- Dedicated Financial Executive — A seasoned professional assigned to your account who learns your business.
- Regular Strategy Sessions — Monthly or quarterly meetings to review performance and plan.
- On-Demand Access — Availability when important decisions arise.
- Team Coordination — Oversight of your bookkeeping function.
- Scalable Engagement — Service levels that adjust as your needs change.
KPI Tracking & Performance Metrics
What gets measured gets managed. Your Boulder CPAs Virtual CFO helps you identify, track, and act on the Key Performance Indicators that actually drive your business.
Financial Metrics We Track:
- Gross margin by product/service/customer
- Operating margin and EBITDA margin
- Revenue growth rate and trends
- Cash conversion cycle
- Working capital and debt-to-equity ratios
Operational Metrics:
- Customer acquisition cost (CAC) and lifetime value (LTV)
- Churn rate and retention rate
- Employee productivity metrics
- Sales pipeline value and velocity
Financial Forecasting & Cash Flow Management
Understanding where you’ve been is valuable. Knowing where you’re headed is essential.
Forecasting Services:
- Revenue Forecasting — Bottom-up projections based on sales pipeline and historical patterns.
- Expense Forecasting — Projection of fixed and variable costs based on revenue levels.
- Scenario Planning — Best-case, worst-case, and most-likely scenarios.
- 13-Week Cash Flow — Rolling short-term projections to identify potential shortfalls.
- Working Capital Optimization — Strategies to reduce cash tied up in receivables and inventory.
Accounting System Design & Implementation
The right accounting system streamlines your operations, reduces errors, and puts accurate financial data at your fingertips.
System Services:
- System Selection — Evaluation of QuickBooks, Xero, Sage, NetSuite, and others.
- Implementation — Chart of accounts design, data migration, integration setup.
- Training — Role-based training and documentation of procedures.
- Optimization — Regular review and process improvement recommendations.
Internal Controls & Fraud Prevention
Small businesses lose a higher percentage of revenue to fraud than large corporations—often because they lack internal controls. Boulder CPAs helps you protect your business.
Control Services:
- Control Assessment — Segregation of duties, authorization procedures, access controls.
- Control Design — Cash controls, purchasing controls, payroll controls, IT controls.
- Fraud Prevention — Risk assessment, background check recommendations, reporting mechanisms.
- Monitoring and Testing — Periodic testing, surprise audits, exception reporting.
Strategic Financial Guidance
Beyond the technical aspects of financial management, business owners need a trusted advisor who can help think through complex decisions.
Strategic Support:
- Strategic Planning Support — Financial goal-setting, resource allocation, risk assessment.
- Major Decision Support — Expansion, capital investments, hiring, pricing, make vs. buy.
- Financing and Capital Raising — Bank loan preparation, SBA loans, investor presentations.