It is never too early to engage a CFO due to the value they can add to your business. However, in our experience companies often seek a CFO when they start to experience pain points or stress around the following areas:

• You need to raise funds.
• You don’t have the accurate information you need to make sound decisions for your business.
• Managing your finances is eating into the time you should be spending on core business activities.
• Your business is growing and you feel out of your comfort zone or feel like you could benefit from an independent sounding board.

Businesses that don’t currently employ a CFO can benefit hugely from bringing in a Virtual CFO. One of the main reasons that startups fail is because they run out of money. A Virtual CFO will help you understand and manage the lifeblood of your business - cash flow - safeguarding the future.

In addition, you can expect more robust financial reporting and greater visibility across your finances as a whole, helping you make more informed decisions and primed to exploit the right opportunities. Hiring a Virtual CFO allows you to take your business to the next level, at a fraction of the cost of employing a full-time employee.

At Gram we offer a broad range of support and will tailor our service to suit the needs of your business.
A Virtual CFO can assist with:

• Capital raising
• Corporate governance
• Cash flow reporting, modelling, and management
• Business planning
• Identification and monitoring of key business metrics
• Monthly management reporting
• Financial management and analysis such as preparation of budgets and operational forecasts
• Set up of accounting systems and processes
• Monthly accounting and month end procedures
• Payroll & HR Admin
• Accounts payable and sales invoicing

It varies from company to company, but at Gram, we work hard to become a member of your team. We prefer a proactive approach and aim to build your capability, from general finance hygiene and governance, to a point where you are comfortable and confident in your numbers.

We agree a range of services which we provide for a fixed monthly fee. As a growing business we know your needs will change as you scale, so these services may change from month to month. What will not change is our accessible service. We provide daily support through phone calls and emails whenever you have a question or a concern, as well as joining monthly management and Board meetings with you and/or your team to make sure everyone is on the same financial page.