CFO SERVICES TO MANAGE GROWTH

Fabric Supplier

Challenge
A growing fabric supplier had recently raised investor funds and needed a part-time CFO to assist with FP&A, investor relations and other strategic projects.

Solution

  • Acted as outsourced CFO on a retainer basis.
  • Maintained financial forecast model and developed annual budgets by department.
  • Assisted in development of quarterly investor presentations and managed ad hoc investor requests.
  • Created new framework for Company’s financial reporting and managed re-design of Company’s QuickBooks.
  • Fostered an accounting culture at the Company.
  • Developed and tracked Key Performance Indicators for the Company.
  • Assisted Company in developing a strategy to more timely collect their A/R.
  • Advised client on capital requirements and monthly cash flow uses.
  • Advised client on working capital cash needs and possible lender solutions.

Results

  • Provided valuable CFO services in a cost-effective manner.
  • Managed FP&A, financing and investor relations functions.