- Virtual CFO Services
- Forensic Accounting
Virtual CFO Services | Fractional CFO Services
Hovland Forensic & Financial offers virtual and fractional services expertise at fixed rate pricing. Our CFOs focus on strategic planning to help protect profits and manage cash flow. Work with a trusted virtual CFO to grow your company's wealth today.
What is a Fractional CFO and Virtual CFO?
A fractional CFO or virtual CFO (chief financial officer) is a remote-based CFO—a real person—who provides high-level services to give your company. No matter the size of your business, we provide the expertise, direction, and concentration of an in-house CFO. We just do it remotely as a consulting service.
An online CFO should be seen as an investment. Hiring someone with the experience of a big-business C-level executive without the cost of hiring a full-time employee is where we come in.
We are more than just an accountant or a controller. This is high-level strategy—the type of work expected from an experienced financial executive.
We provide analysis for helping your team with cash flow modeling and break-even analysis.
Because of the strategic nature of the service, we schedule up to six virtual meetings per month. These meetings deal with cash flow, financial review, pipeline and practice development, banking relationships, and long-term goals.
Your goals are our goals: We want to maximize shareholder value, accelerate growth, and achieve profit goals.
Benefits of Fractional CFO Services and Virtual CFO Services
Fractional CFO services provide companies with insight into their future. Unlike traditional accounting—which is a representation of the money that has already come into a business or has been spent by a company—fractional accounting goes further. It addresses how companies project and plan the business’s future to enable growth and to reach its full potential.
When Should You Utilize a Virtual CFO Company?
A VCFO company provides incredible insight and opportunity for businesses. Using a service such as this makes sense for companies that want to grow. A virtual CFO service is also beneficial to businesses that may not be seeing the type or amount of growth they desire. It is advantageous for young companies creating a plan to move forward.
Utilizing a virtual CFO service means there is no need to invest in a full-time professional working in your company (which is expensive), but allows full access to these services.
Hovland Forensic & Financial differs from competitors. With our complete understanding of internal controls that translate into future financial gains, companies of all types can significantly benefit from working with our skilled professionals.
We take the time to learn about your company, goals, and strategies to provide clear, concise data to help your business advance, as desired. At the same time, our remote CFO services are always focused on maintaining clear communications with you. We are here to help you see how fractional accounting can enhance your business’s short- and long-term goals.
Hovland Forensic & Financial’s services are customized to help your company reach its financial goals. We match the services needed to make your operations more profitable. Don’t need it? You don’t pay for it.
We understand small business. Below is an example of some of the services we offer with the fractional and virtual CFO package.
How can an fractional and virtual CFO help your company?
The outsourced CFO’s role is to help your existing employees meet financial goals and focus on an improved financial strategy.
We train internal staff to be an integral part of this financial strategy and lead you toward accelerated profits and sustainability.
While we love working with you, we want to prepare your company to grow large enough that a in-house CFO is required. We’re here to get you on the right footing.
Our CPAs will help maximize your profits through cash flow, compensation strategy, vendor contracts, and expenses.
We also help with systems optimization to ensure you’re getting accurate numbers when you need them most. We help with financial forecasting--both short and long term.
Our services take a deep dive into your business, industry trends, and goals to find the proper strategy for your company.
Why Choose Hovland Forensic and Financial?
Fixed Fee Pricing
Our fee structure has a fixed price for one year. There are no surprises. The services and price each month won’t change.
Our founder was a partner in a midsize public accounting firm for 20+ years. During that time, he oversaw the financials of large and small business. In addition to being a CPA, he is also a Certified Forensic Accountant.
What makes Hovland Forensic and Financial different then our competitors? We have the ability and knowledge to secure your internal controls and guard against fraud in your organization. Traditional services, with additional expertise in forensic accounting.
What our clients have to say:
"As a small business, it is very important to have key people on your extended team to help make sure you are not missing anything. Up until recently, I did not understand the value of the services that Hovland Forensic & Financial provides. After one meeting with them, they were able to clearly point out some key things that were missing in our bookkeeping. They were very easy to work with and took the time to explain everything in a way that was clear and made sense. We have implemented the strategies suggested and our business is moving forward in a better direction because of this"
FAQ About Our Virtual Services.
Some of the most common questions we receive.
What does ‘virtual’ mean?
Technology is improving the ability to function outside of a formal office setting. For us, the ‘virtual’ aspect means we can access the accounting records remotely and communicate with our clients by web video, snap chat, email, and telephone. All reports–from forecast to financial statements–are made available to clients via a secure portal they can access at any time.
How do you help develop our staff?
Our founder was a partner in a public accounting firm and has been in the profession for 20+ years. Over that time, he’s been able to identify the common areas of improvement most new and seasoned accountants need. He utilizes this experience to work with our client’s staff to see where they are at, and how to increase their accounting knowledge. We strongly believe in training for success.
Is your pricing really fixed?
Yes. In our initial meeting we utilize a real-time worksheet for a proposal. The client can select the services needed. When the meeting is complete, the fixed cost is set. No one likes surprises in billing. We eliminate this obstacle right from the start.
Why don’t you list all of your clients?
Client confidentiality is extremely important. We are a part of the client’s C-team, and we treat them as if they are employers–not customers. We only list clients that specifically allow us to do so.
What is a forensic accountant?
In a nutshell, a forensic accountant is a highly trained accountant with additional certifications who can identify and uncover financial fraud. To become certified takes years of financial and internal control training, plus additional certification testing.
Additional information on our CFO services.
Get your Free Virtual CFO consultation today!