Question 1

What exactly is finance as a service?

Accepted Answer

Finance as a Service means you get finance work as an ongoing service instead of a permanent hire, from bookkeeping and controlling up to the CFO role. Scope and days per week follow your needs and can be changed.

Question 2

How can Finance as a Service help my startup in the Series A phase?

Accepted Answer

In the Series A phase the company usually grows faster than its finance function. We take over planning, monthly reporting and investor communication until a permanent hire makes sense, and prepare the numbers for the next round.

Question 3

Is Finance as a Service right for every Series A startup?

Accepted Answer

Not for every one. It makes sense when reporting or planning lag behind growth and a full-time hire is still too early or too expensive. If you already have an established finance team with a CFO, you usually only need targeted support, for example during a due diligence.

Question 4

How quickly can we implement Finance as a Service?

Accepted Answer

You get a first suitable profile within 24 hours. How long it takes to set up reporting and planning depends on how clean your bookkeeping and systems are today. Usually it is a few weeks.

Question 5

What specific services do you offer for Series A startups?

Accepted Answer

CFO as a Service, interim FP&A and controlling, financial models for funding rounds, data room and due diligence preparation, and board and investor reporting. Day rates range from €850 to €1,800 net, depending on the role.

Question 6

How are the services adapted to my specific startup?

Accepted Answer

In the first call we clarify which role is missing, by when, and for how many days a week. We then suggest suitable profiles from our network of around 500 finance freelancers.

Question 7

Can we adapt services as our needs change?

Accepted Answer

Yes. Scope and days per week can be adjusted, for example more capacity before a round and less afterwards. If a permanent hire is coming, we also support the handover.

Question 8

How do we communicate and how often do we receive updates and reports?

Accepted Answer

You have one fixed contact person. How often we report is agreed at the start, for example a weekly check-in and a monthly report.

CFO Service
for Series A+
companies

Experience from 350 projects.

Measurable success for Finance as a Service

Quantifiable successes for
CFO as a Service

Situations for Finance as a Service

Preparing for further financing rounds:

Scaling business operations

Optimizing resource allocation and expenditure management

Our know-how

Need capacity for the next 90 days?

Our Partners & Collaborations

CFO as a Service process

First evaluation and adjustment of the financial strategy

Implementation of financial systems and processes

Ongoing support and optimization

FAQ

A round or an exit in sight?

CFO Servicefor Series A+companies