Outsourced CFO services rank high on the list of services most hired by business owners. Staffing shortages and remote employees leave business owners responsible for being the bookkeeper, CFO, and owner. Outsourcing is a cost-effective and efficient option for SMBs...
Chief Financial Officer
What Can I Expect When I Outsource my Bookkeeping Services with Capital CFO+?
When you work with Capital CFO+, you’ll experience a number of benefits that will make your life easier as a business owner. Here are just a few benefits you can expect when you outsource your bookkeeping and financial services with Capital CFO+: Boutique Experience...
Top 6 Reasons to Outsource your Bookkeeping
If you’re a small business owner or nonprofit leader looking to save both time and money, there are a number of reasons why outsourced bookkeeping may be a good idea. Here are six benefits to outsourcing your bookkeeping: More time for your business. Because there’s...
Role of a CFO
Your CFO is not only responsible for a company's finance and accounting function, they need to also be a a strategic partner who can help analyze a business’s strengths, weaknesses, and will assist in putting together a strategic plan. A CFO should be a forward...
An Effective Finance Team
Your finance team is responsible for your company's bookkeeping, reporting, data analysis, paying bills, sending invoices, tracking the AR, and helping you grow. Their knowledge of needs to go beyond reporting the numbers. A CFO can help to identify cost saving...
The Difference Between Bills, Invoices and Statements
As a business owner, invoices are sent to customers who are not paying immediately after a job has been completed or a service was provided. Customers will be paying at a later time and an invoice is sent to break down the cost owed to you. A bill is money owed to a...
Presenting financials
After carefully tracking and accounting for all transactions, a presentation of the financial statements helps business owners stay on top of their financials. It is helpful to start with the balance sheet, move on to the income statement, and end with your cash flow....
Tracking for grants
Grants need to be accounted for at all times and many organizations do not realize that it is necessary to establish proper and transparent accounting practices in order to manage grants and continue to receive them. All income and expenditures from the grant need to...
Cash Management
Small business owners need to pay special attention to their cash on hand. Your financial team will help you with the cash management of your business. Cash management includes monitoring and reducing the length of accounts receivables, increasing collection rates and...
Bookkeeping
Bookkeeping is keeping an accurate recording of a company's financial transactions. And although technology and accounting software has greatly eased the process, having a reliable and experienced bookkeeper is the first step in financial management. Financial...