What is CFO Services?

CFO services are financial management activities provided by a Chief Financial Officer to help businesses improve their financial performance, manage risks, and achieve their goals. Think of CFO services as the company’s strategic brain, offering ideas and insights that help leaders make plans, predict problems, drive growth, and prepare for the future.

A CFO service also oversees your bookkeeping and controller staff, making sure all processes have checks and balances to keep things secure and provide accurate financial reports.

Businesses and startups are in dire need of a financial expert who can manage their resources and funds very wisely. In the meantime, companies and startups are facing issues if they approach the traditional chief financial officer. On the contrary, many businesses are looking for a solution to this issue by outsourcing their work to a virtual CFO.  

A virtual CFO is a qualified financial specialist who oversees your company’s accounts, financial reporting, budgeting, and year-end taxes and develops plans to advance your enterprise. 

But the next aspect you must learn is which firms are the leading ones who can be the best at offering outsourcing CFO services to your businesses. 

So, this blog post is about the best virtual CFO service firms. Let’s learn about them and choose the best virtual CFO firms.

Top Ranked and Trusted CFO Services Firms

Indinero

They are a team of Certified Public Accountants (CPAs), CFOs, and Controllers. And allow their users to get real-time financial insights using a single technology. 

Additionally, they provide you with the data you need to synchronize your team and resources, promote efficiency, and achieve your business objectives with their cloud-based accounting and tax software. You can customize the software according to your business requirements. 

This outsourcing accounting firm offers its services at the small, medium, and enterprise levels.

Service Cost: $100 – $149 / hr

Team: 50-249

Location: Walnut, CA

RatingsClutch.co rating: 5.0/5.0​ | G2 Crowd rating: 3.2/5.0 | Founderkit recommendation rate: 42%

Makesworth Accountant

This accounting firm focuses on providing business advisors, tax preparation services, and Chartered Certified Accountants. They offer a range of services, including payroll, account preparation, business advice, tax planning, corporate tax, VAT, and outsourced CFO services. 

The firm’s commitment to quality is reflected in its investment in the best people and innovative technology. They have partnered with leading cloud-based accounting software to ensure that their clients’ time is well-returned, providing peace of mind away from the stresses of the financial world.

Service Cost: You can contact them for pricing

Team: 10-49

Location: Harrow, HA1 1PD, United Kingdom

Founded: 2012

Ratings- NA

Invedus Outsourcing

Invedus Outsourcing is a team of the world’s best Offshore CFOs. They are known for delivering their services on time. Over 84 projects have been completed by them thus far with no complaints. 

INVEDUS is distinguished by its steadfast commitment to excellence and reliability. With operations anchored in both the UK and India, the company offers seamless integration and dependable service, catering to businesses globally. 

INVEDUS aims to empower client businesses by supplying skilled professionals, enabling them to scale efficiently and effectively.

Furthermore, they are offering services in accounting, bookkeeping, outsourcing, CFO, payroll experts, auditing, tax preparation, and others.

Service Cost: You can contact them for pricing

Team: 49-100

Location: London, United Kingdom

Founded: 2016

Ratings – 4.8/5 on AmbitionBox

The Numbersmith

Numbersmith is a platinum partner with Xero and QuickBooks, offering cloud accounting software for businesses. As tax compliance changes with Making Tax Digital, businesses must submit information securely online using compliant software.

Additionally, they handle all business accounting transactions, including invoices, bank transactions, overheads, outsourced CFO services, payroll, and VAT returns, using the cloud software. 

Also, they are well-versed in real-time financial reports that can be accessed, facilitating credit control and management decision-making. 

The team at Numbersmith is disciplined and can help businesses, including eCommerce, transform their business.

Service Cost: $150 – $199 / hr

Team: 10-49

Location: Peterborough, United Kingdom

Founded: 1992

Ratings: NA

Basis 365 Accounting

Basis 365 Accounting offers outsourced CFO services, accounting, and bookkeeping services to eCommerce, tech, and service-based businesses.

The company focuses on real-time accounting to deliver timely results and help customers make better business decisions. 

This firm offers a 100% cloud-based accounting department. The benefits of partnering with this firm include business continuity, scalability, and responsiveness. 

Customers can expect business continuity, scalable services, budgeting, forecasting, performance dashboards, and a 24-hour response time. 

Service Cost: You can contact them for pricing

Team: 10-49

Location: West Hollywood, CA

Founded: 2012

Ratings: NA

Accountancy Cloud

Accountancy Cloud is a company that offers a variety of accounting services for startups and SMEs. They are based in London, England, but they also have a presence in the United States. They are known for offering their services of financial reporting, spending insights, accounting, R&D credits, tax, payroll, and bookkeeping. 

You can use their user-friendly dashboard and online platform for self-assessment and reviewing profit and loss, statements, expenses, income, and more. You can also ask them to tailor their services for tech companies, SaaS companies, eCommerce businesses, food and drink startups, and small businesses.

Service Cost: You can contact them for pricing

Team: 10-49

Location: London

Founded: 2012

Ratings: NA

CFO Hub

CFO Hub is an outsourced team of expert CFOs, controllers, and accountants who will manage your in-house financial operations. Their services are tailored to your needs, from outsourcing accounting departments to CFO and project-based support. 

Their professionals deliver a variety of service offerings, including CFO Advisory, Outsourced Accounting and HR, Government Contractor Accounting, Audit Readiness, Financial Modeling and Forecasting, SEC Reporting, CFO/Controller Placements, and more.

Service Cost: $150 – $199 / hr

Team: 10-49

Location: San Diego, CA, United States

Founded: 2018

Ratings: NA

B2B CFO

B2B CFO is a team with an average of 35+ years of experience. They have the knowledge and experience to be trusted business advisors. 

Their expertise includes improving cash flow, obtaining bank loans, helping companies grow profitably, planning strategically,  increasing company value, and preparing a business to sell, transfer, or make an acquisition

They are offering their services in 28+ regional sites across the U.S. Anyone can get to know their backgrounds by visiting their websites. Each is well connected in their business community.

Service Cost: Connect them for Pricing

Team: 10-49

Location: United States

Founded: 1987

Ratings: NA

Global FPO

Global FPO is dedicated to supporting a broad range of professionals in the UK and Europe by offering comprehensive virtual CFO and business advisory services. 

Their customized solutions, which take into account the unique challenges and complexities of the industry, are designed to specifically address the needs of CPA firms, CFOs, and other accounting specialists.

They are known for delivering timely and precise virtual CFO and business advisory solutions, empowering CFOs to confidently offer comprehensive planning and compliance services to their clients.

Service Cost: Connect them for Pricing

Team: 10-49

Location: United States & Canada

Founded: 2012

Ratings: NA

BKL

BKL is a chartered accountant and tax adviser firm with 150 clients across various business sectors. They are recognized as one of the country’s foremost authorities in complex tax matters and have a strong relationship with clients. 

They explain complex ideas with clarity, and their vision is to work together to build a bright future. BKL’s expertise covers various sectors and specializations with their outsourced CFO services. 

Service Cost: Connect them for Pricing

Team: 50-249

Location: London, United Kingdom

Founded: 1980

Ratings: NA

Accuity

For entrepreneurs and small and medium-sized enterprises, Acuity offers accounting, finance, CFO, tax, and online bookkeeping services. They offer a dedicated accounting team that provides online bookkeeping, outsourced CFO services, add-ons, and compliance with federal and state income tax.

Furthermore, they also provide strategic advice for accrual accounting and more complex needs. Their team also offers recommendations on over 2,000 cloud accounting software solutions and VIP services.

Service Cost: Connect them for Pricing

Team: 50-249

Location: Atlanta, GA, United States

Founded: 2004

Ratings: NA

Burnt Orange Accounting

Burnt Orange Accounting is a small, dedicated team renowned for its excellent client service and low prices. Accounting experts make up the team, and they cooperate to ensure that tasks are completed on time.

This firm also maintains a keen eye on their social media channels, fostering a strong connection with their customers. They build long-lasting relationships with clients through regular meetings, business updates, and social media.

They offer services in accounting, business consulting, outsourcing CFO, finance and accounting, Payroll Processing, Bookkeeping and Financial Accounting

Service Cost: Connect them for Pricing

Team: 10-49

Location: Terrace Stoke, United Kingdom

Founded: 2014

Ratings: NA

The Accountrepreneur LLC

This accounting firm consists of experienced consultants. who have driven professionals with knowledge of finance and accounting who can help start-ups and established companies. 

Through the provision of reconciled financial statements, management investor-ready reporting packages, strategic models, and financial insights, they aim to relieve businesses of the daily burden associated with transactional data. 

They are delivering their expertise in the Outsourced CFO & Finance Team, Controller & Accounting Team, KPI Reporting & Analytics Automation, and more. 

Service Cost: $100 – $149 / hr

Team: 10-49

Location: Chicago, IL, United States

Founded: 2018

Ratings: NA

Invensis Inc

Ossisto is a team of experts who are enthusiastic about advancement and new technologies. They are convinced of superiority in terms of customer care, openness, responsibility, and ongoing development.

Additionally, they are known to solve complex financial challenges in a short time. And until now, they have provided their services to more than 1000+ customers.  

In the event that you hire a CFO on an external basis, they assist you with financial strategy and planning, cash flow management and optimization, investor relations and fundraising, financial reporting and analysis, risk management and compliance, and financial technology and automation. 

Service Cost: < $25 / hr

Team: 1,000 – 9,999

Location: Lewisville, TX, United States

Founded: 2000

Ratings: NA

Kanexy Pvt Ltd

Kanexy is a group of individuals united by a common goal and culture, driven by a desire to advance financial tasks through cutting-edge technology. 

As a prominent player in the finance consulting, technology, and solutions industries, they collaborate with clients to develop all-encompassing strategies and leverage analytics to find untapped potential. Their exceptional team and services have made them one of the top firms globally, using their knowledge to positively impact people’s lives.

Service Cost: < $25 / hr

Team: 10-49

Location: London, United Kingdom

Founded: 2020

Ratings: NA

Farahat & Co.

Farahat & Co., a top audit firm in the UAE, is registered with various authorities and offers a wide range of professional services in various fields. The firm provides legal accounting, CFO services, auditing, corporate tax consulting, expert witness support, dispute support, case management, fraud examining, forensic accounting, liquidation and business company deregistration, business setup, payroll management, HR, trademark protection, and employee relocation. 

Service Cost: Connect them for Pricing

Team: 10-49

Location: Dubai, United Arab Emirates

Founded: 1985

Ratings: NA

Whiz Consulting Private Limited

Whiz Consulting provides customized financial and accounting solutions to clients, ranging from startups to established enterprises. Their skilled team efficiently tackles unique accounting challenges, aiming to be a trusted partner in financial management, allowing clients to concentrate on their core competencies.

They provide bookkeeping and accounting services, virtual CFO services, financial reporting services, payroll management services, accounts payable, accounts receivable, accounts reconciliation, and budgeting and forecasting.

Service Cost: < $25 / hr

Team: 50-249

Location: Gordon, Australia

Founded: 2013

Ratings: NA

Personiv

Personiv develops critical procedures and systems that are intended to save time and money to offer top-notch outsourced services to businesses worldwide. Their teams of highly qualified personnel are ready to finish projects with confidence and quality, from customer service to back office and recruiting to design, freeing their customers to concentrate on ambitious strategic priorities.

To provide specialized, global solutions, Personiv, which has locations in three countries and more than 30 years of experience, hires, develops, and retains elite personnel. In addition, they provide their services in market research, back office outsourcing, AP & PR, and finance, accounting, and CFO outsourcing.

Service Cost: Connect them for Pricing

Team: 1000-9999

Location: Austin, TX, United States

Founded: 1985

Ratings: NA

Also Read: Signs It’s Time to Hire a Virtual CFO

In Brief

In brief, the “Top 18 CFO Services 2024-25” report showcases leading companies like Invedus, Makesworth Accountant, and others, recognized for their expert financial management solutions. These firms stand out for their strategic guidance and ability to enhance financial efficiency, making them top choices for businesses seeking robust CFO services in the upcoming years.

Transform your business operations with Invedus Outsourcing, a leader in cutting-edge offshore CFO solutions. Our Offshore CFOs empower you to tackle financial challenges effortlessly, ensuring informed and strategic decision-making. Opt for Invedus Outsourcing to experience a fusion of excellence and innovation in financial management. Contact Us TODAY!

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