CFOx currently provides Fractional CFO services to a rapidly growing concrete coating company. The company installs premium concrete coating floors for garages, basements, and commercial spaces.
As a result of the company’s rapid growth, management realized they needed a financial partner to improve their visibility into the business and develop scalable accounting processes. A fractional CFO was the ideal solution.
The CFOx team cleaned up the company’s books, developed a formal month-end close process, and developed a year-end cash flow forecast. On a monthly basis, CFOx prepares financial statements and provides strategic guidance.
In 2023 the CFOx team will work with management to further develop the company’s accounting infrastructure. Key initiatives include integrating the company’s accounting software with a new ERP system, managing inventory, and streamlining AR & AP processes.
CFO Services Provided:
- Fractional CFO
- Financial Reporting
- Accounting Processes and Procedures
- Historical Accounting Clean-Up