Outsourced CFO

Focus on the impact: we’ll take care of the process.

Costs associated with professional financial services for Small and Medium Enterprises (SME) often are outside the Clients budget, and sometimes inefficient.

In such cases SMEs often tackle financial issues by involving other, differently specialized employees e.g. accountants take over CFO functions. In other times companies put off dealing with such issues entirely, leading to potential cost backlashes later.

Understanding this market situation, BDO is offering its Clients outsourced financial director services. Within an agreed upon scope of work, this specialist is available to the Client without time or scope limitations, and will carry out all the functions of an in-house CFO. The SME will not have to worry about potentially overpaying for the financial specialists idle time.

Our services are always geared to the needs of each individual client.

  • Cash flow budgeting and management
  • Representation with creditors
  • Financial decision-making
  • Business analysis & cost structuring
  • Implementation of management accounts
  • Accounting support
  • Investment & funding readiness preparation
  • Strategy & synergies
  • Risk mitigation & internal controls
  • Post-investment financial management
  • Ad hoc engagements
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Viesturs Briezkalns

Partner. Head of Business Services Outsourcing
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