Outsourced CFO Services – Detroit (MI)

Michigan Outsourced CFO Services

Recent economic conditions have left many businesses with countless difficult decisions to make. The COVID-19 pandemic forced many businesses to eliminate all but the most essential positions. This meant many departments, including accounting and finance, were operating on a scaled-down basis. Now that many businesses are reopening, the need for a Chief Financial Officer that provides strategic vision, guidance, and leadership is more important than ever.

However, finding a qualified CFO is challenging.  It’s a competitive environment that takes time, costs money, and is accompanied by a lengthy onboarding process. As a result, on-demand accounting and finance services are rapidly growing as an alternative to hiring someone full-time in-house.

Michigan Virtual CFO Services

A virtual CFO is a cost-effective solution that can fill immediate needs ranging from assisting with special projects or bridging the gap until a replacement can be found.  It can also be a long-term solution for businesses looking to streamline operations and operate more efficiently while ensuring you do not have to worry about hiring and retaining a qualified CFO.

Adams Brown, Strategic Allies, and CPAs, provides virtual CFO services to businesses in Detroit and across Michigan. From new accounting software implementation and cash flow modeling to bank financing and internal controls, our team stands ready to assist businesses like yours, in a variety of industries.

Michigan Outsourced CFO Services

  • Accounting software selection and implementation
  • Assist management in interpreting and utilizing financial reports.
  • Audit preparation and liaison with audit firm
  • Bank financing and investor meeting preparation
  • Blockchain and distributed ledger technology
  • Budgeting and forecasting (short and long term)
  • Capital asset acquisition planning and financing evaluations.
  • Cash flow modeling, management, and projections
  • Contract review
  • Financial and operational improvement plans
  • Financial, business, and strategic planning and implementation
  • Key metric benchmarking and trend analysis