Your outsourced
CFO on demand
As a strategic sparring partner with many years of hands-on finance experience, we support you across interim management, finance as a service and software implementation.
Supported as a CFO service - from unicorns to early-stage startups
In brief
nugrow's external CFO – also called fractional CFO or CFO on demand – takes over the tasks you want to hand off: accounting with processes and tools, controlling with financial and liquidity planning, KPIs and reporting, and strategy as a sparring partner on financing, credit standing and M&A. Not a full-time hire but a team spanning accounting, controlling and CFO level; the project starts immediately, with first results in the first month.
Areas: accounting, controlling and reporting, financial and liquidity planning, strategy
Cost: monthly retainer, market range €2,500–15,000 depending on scope – details on the pricing page
For whom: growing companies with six- to eight-figure revenues, founders and managing directors without an in-house finance lead
Track record: over 200 projects since 2019, a team of over 15, nugrow GmbH based in Bochum
As featured in
We are finance nerds & we love numbers - just like our partners
We help companies with the biggest
We support your growth by covering what your finance function needs – with our technical know-how and professional expertise
FOR FOUNDERS
Accounting, Controlling, Reporting & FP&A auslagern
FOR COMPANIES
360° finance and business consulting
Finanz-Tools getestet
clients
MitarbeiterInnen
The typical problems & symptoms in fast-growing companies
If any of these points apply to you, we know exactly where you stand and how we can help.
Six- to eight-figure revenues?
We bring control back to your finances!
Watch this video - we explain how we can help you and which warning signs you should be listening for.
Why you should complement your finance department with us
Get it right from the start and work with experienced experts. That saves you not only valuable time and nerves, but also at least €24,000.
Your own estimate
- 1 controller, 3 years' experience
- 1 accountant, 5 years' experience
- Strategie machst du selbst
- Salary & opportunity costs: 120.000€
- Onboarding 3 months
- Result: Accounting runs, controlling runs & you have an excellent overview of your finances
The reality
- 1 controller, 5 years' experience
- 1 accountant, 10 years' experience
- You still do strategy yourself - but you thought it would be easier
- Salary & opportunity costs: 200.000€
- Onboarding 6-9 months
- Result: Accounting runs unevenly, controlling gives you no overview & you are far too involved operationally
With nugrow
- Controlling by experts
- No key-person risk
- We work with your finance department
- Save on your employees' salaries
- Immediate project start and results in the first month
- Result: Your accounting runs on our recommended processes, you are involved only strategically and you have a crystal-clear view of your finances and the road ahead
How you can work with us
Our CFO on demand takes care of whatever matters most in your current situation. Those areas can include:
Rechnungswesen
Controlling
Strategie
Without nugrow
- Poor processes and a lot of time spent on accounting, possibly even involving the CEO.
- A patchwork of isolated tools demands heavy effort and a lot of manual data maintenance.
- A lack of finance expertise can lead to serious wrong decisions.
- Fluctuating liquidity and no clear view of profitability.
- High stress during financing rounds or investments.
- Long hiring times (over 6 months) and onboarding times (over 6 months) for finance staff.
- An uneasy feeling and restless nights because you lack the overview.
With nugrow
- Automated best-practice processes ensure efficient, frictionless operations.
- A single source of truth with one central view of all your numbers.
- Top experts are at your side around the clock, advising you proactively on finance.
- First secure, stable liquidity, followed by sharply rising profitability.
- All data is cleanly prepared and ready at any time for financing rounds and due diligence.
- Within 1-3 months we deliver optimised processes and fully set-up dashboards.
- You have your overview back, you know what every euro invested brings in, and your accounting runs.
What our 200+ clients say
Felix Manthey - Co-Founder
Exzellentes Controlling
Lucca Krumm - CEO
Nugrow war einfach Weltklasse
Phillip Reisenberg - Founder, CEO
Financial and business plan taken to the next level
Partner to over 200 finance teams of every size
Find out how we can help you with your finance topics.
Whether it is accounting, controlling, strategic finance, improving processes, automation or dashboards - we help you exactly where it hurts.
Up to 80% of your consulting costs as a grant – we handle the application
Depending on where your business is based, the grant is 80 percent (up to €2,800) or 50 percent (up to €1,750) of the eligible consulting costs. It is calculated on the assessment basis of at most €3,500, not on the total project cost. We check which rate applies to your location in advance – and we take care of the application.
- We check whether you are eligible
- We take care of your application
Here is an example
Our mission
At nugrow we know how important it is to structure financial processes cleanly so that day-to-day operations run smoothly.
We are experts in a subject that some may find boring - but we love numbers and we are finance nerds. Use us to save your time so you can focus on what really matters.
We are here to revolutionise the old-fashioned relationship between consultancies and companies.
We are hands-on, pragmatic & always solution-oriented.
How does the collaboration work?
Analyse
Our business analyst will hold a preliminary call with you to check whether and how we can best help.
Consultation
Our managing director advises you for 60 to 90 minutes on your company finances, and together you develop an action plan.
Collaboration
We then implement the measures.
Long-term partnership
The goal is to solve your pain points as quickly as possible and to build a long-term partnership, so your finances stay future-proof and scale with your business.
Our founder
As an interim Chief Financial Officer I kept seeing the same thing: many companies neglect their finances - especially when business is going particularly well.
At nugrow, though, we combine experience-based pragmatism, proven strategy and empathetic communication to develop holistic, tailor-made solutions for our clients and to professionalise the finance function so the overview is clear and the finances can grow with the business.
We are hands-on, pragmatic & always solution-oriented. I am one of your CFOs on demand.
FAQs
Key terms around the external CFO
What sets the service models apart, explained briefly and precisely in our finance glossary.