AU VCFO SERVICES

No CFO? No worries.

Our virtual CFO can provide the insight and guidance you need

Virtual CFO (vCFO) services for Australian startups

As your company grows, you’re likely to need more guidance to help manage your finances.

In the beginning, you might simply need to manage your cash more actively and get a better handle on your key finance and operational metrics. All going well, you might need help with budget planning and growth management through to capital raising and high level strategic advice.

We provide CFO services that scale as you need them. We’ll take on more responsibility for you, until you’re ready for your own inhouse CFO. If you’d like some help understanding our virtual CFO packages, book a meeting with us.

What happens when I need a full-time CFO?

We’re really glad when this stage comes because it means we’ve successfully helped you reach this important stage in the life of your growing business.

We have a number of relationships with recruitment firms to help you source your full-time CFO and we’ll work closely with them for a smooth transition.

CFO LITE

$700 
PER MONTH

Reporting & analysis of actuals

Standard Spotlight reporting


Monthly management accounts including profit & loss, cash, accounts payable & receivable


Quarterly 1 hour face-to-face or video meeting with a professional CFO

Up to 1 hour of adhoc queries per month


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CFO GROW

$1,400
PER MONTH

Reporting & analysis of actuals & budgets

Spotlight reporting tailored to meet the needs of your business


Confirmation & review of budgets


Monthly analysis of actuals and performance against budget for board reports


Monthly review of forward cashflow


Monthly 1 hour face-to-face or video meeting with a professional CFO


Up to 2 hours of adhoc queries per month


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CFO PARTNER

FROM $3,200
PER MONTH
PRICED ON EXPERIENCE & COMMITMENT REQUIRED

Financial reporting and forecasting from CFO Grow plus


Rolling 12 month forecast, updated every 6 months


Monthly analysis of actuals and performance against budget for board reports


Key metric and KPI reporting (working with your systems and tools to use)


Fortnightly accountability calls


Up to 2 hours of adhoc queries per month


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All prices exclude GST

CFO lite

You might also be interested in our separate financial modelling services, priced at $2,500 for standalone budget preparation or $3,000 for an investor ready model, which includes comparables and Pitch Deck ready financial slides. We offer a $1,000 discount on these services if you have an ongoing monthly CFO service with us.

See our Dashboard and Financial Modelling Portfolio for examples of our work.

Standard Spotlight reporting includes:

  • Actuals/historic financial analysis
  • Monthly management report includes 1 page for each of P&L, Balance Sheet, Cash/Runway financial reports + visuals

CFO grow

If you don’t have budgets or investor ready financial models in place before signing up, you will also need our separate financial modelling services. These are normally priced at $2,500 for standalone budget preparation or $3,000 for an investor ready model that includes comparables and Pitch Deck ready financial slides, but we offer a $1,000 discount on these as part of our ongoing monthly CFO Grow services. If you require interim re-budgeting (eg rolling 12 month forecast re-budgeted at six months), these are updated and prepared as an additional service.

If you require a more tailored set of monthly dashboard reports, including metrics and KPIs these are prepared as an additional service. See our Dashboard and Financial Modelling Portfolio for examples of our work.

Tailored Spotlight reporting will include:

  • 3-way 12 month budget upon engagement (including cashflow)
  • Monthly management report – 6 page actual performance against budget + balance sheet + cash + trend visuals
  • Written analysis of performance and recommendations
  • (Optional) key metrics

CFO partner

At this level, we’re actively working alongside you and the rest of the team in a way that makes sense for where you and your business are at.

CFOs are often involved in any/all pricing discussions, people/contract management, pricing, process and system implementation and capital raising.

Our rates reflect the seniority, expertise and experience of our team members, as well as factors such as the level of ongoing involvement required.

For a CFO to truly offer value, we have found there is both a minimum time commitment needed to understand your business enough to be of value (starting from half a day per week) as well as a commitment on your part for a minimum length of engagement (three months). During this initial period, we will work with you to refine our service to your needs.

After the initial period, rates for further services vary based on expected commitment periods of three or 12 months going forward. Please note, that while there is a commitment period for ongoing services there is no lock-in, other than one month’s notice.

Spotlight reporting will include:

  • 3-way 12 month budget upon engagement (including cashflow), rebudgeted every 6 months
  • Monthly Management report – 6 page actual performance against budget + balance sheet + cash + trend visuals
  • Written analysis of performance and recommendations
  • Key metrics/KPI reporting (may not be done in Spotlight)

*$3,500 is for a ½ day per week and a 12 month commitment

Financial modelling/budgeting

From $2,500

Additional Service

With our real-world experience as private equity investors and CFOs in equity backed companies, we’ll reality check your assumptions and build you models that withstand scrutiny.

We’ll work with you to finalise budgets which then fits well with our ongoing virtual CFO services including monthly Spotlight reporting to forecast future cash positions.

We’ll meet with you to better understand the nature of your startup and the drivers of your business. With an understanding of your business’s strategic plan, we can assess the complexity of your financial modelling needs before we finalise a fixed quote for our services.

We charge an additional $500 for an investor ready model that includes cross-checking of comparables and Pitch Deck ready financial slides.

See our Financial Modelling Portfolio for examples of our work.

CFO consulting

$250 – $400 per hour

Additional Service

We understand that sometimes you’ll just need some help or advice on the fly to help out generally or as part of a specific activity, such as investor relations.

We prefer to provide fixed fee proposals wherever possible to make it easier for your budgeting so we will always try to do this but if it’s not possible, we will always let you know and communicate any fees in advance. We also offer a ‘block time’ discount if you pre-purchase our services for any anticipated adhoc future advice.

Our rates reflect the project scope, our team members’ seniority, expertise and experience, and other factors such as the timeframe for the work.

Capital raising support

Capital raising is hard work. And you’ll want to do it right.

Additional Service

Let’s face it, while we all hear stories about startups successfully raising capital it nevertheless remains hard to do.

Our directors are experienced venture capitalists and entrepreneurs (as well as accountants), so we know what investors are looking for and how startups need to prepare for the stressful but exhilarating job of capital raising. It’s hard work but that’s what we’re all here for, right?

We work with startups before, during and after raising capital to:

  • Have regular reporting systems in place (via our vCFO services)
  • Prepare financial sections of Pitch Decks (from our financial modelling services)
  • Prepare and/or review information memorandums
  • Undertake valuations, typically for early stage angel investors (with our Startup Valuation Services)
  • Prepare cap tables for expected investment
  • Pre-prepare for the inevitable due diligence and support companies while going through it

We also work with businesses looking to make acquisitions and venture capital firms looking to undertake due diligence for potential investments.

We help startups become stayups