No More Growth Constraints Due to Lack of Knowledge: CFO-as-a-Service

Published by IFS Finance on October 23, 2023

Organizations occasionally need a temporary strategic financial sparring partner. An experienced Chief Financial Officer (CFO) can help guide a business into its next phase. Whether it’s restructuring the financial administration, planning a merger or acquisition, or steering the growth of a startup, a CFO can be essential. However, hiring one permanently can be costly, especially if it’s temporary. CFO-as-a-Service is the ideal solution, offering predetermined support and advice duration, ensuring the costs are clear upfront. IFS Finance in Almere offers this service with a unique approach.

Starting with a Baseline Assessment

The first step is a thorough assessment of the current situation, by implementing an extensive baseline measurement, to understand the systems, people, and processes in place. With this information we can create a solid plan with a timeline, providing clients with clarity.

Tailored Solutions Are Most Effective

IFS Finance employs Financial Controllers who work on an interim basis with clients. We believe there’s no one-size-fits-all CFO, as each company and life stage is unique. Our CFOs bring specialized knowledge and extensive experience, ensuring they thoroughly understand the industry and market.

CFO Plus

While understanding an organization’s financial structure is expected of a CFO, the added value of CFO-as-a-Service through IFS Finance is in coaching staff and advising management. Steering a company’s direction with clear insights and well-founded arguments towards calmer financial waters and defining a clear vision is what sets our CFOs apart.

Regularly Taking Stock

After the initial assessment and action plan, the CFO gets to work for a set number of hours per month and a specific period. Progress is strictly monitored with time tracking and regular evaluations. This process ensures that any unnoticed issues or new challenges are addressed, whether scaling up or down as needed. Regular reviews ensure that our financial and strategic expertise is applied cost-effectively in achieving strategic and financial goals.