The Chief Finance Officer (CFO) performs a key function in any company, with many strategic, decision making and oversight functions. The CFO and the finance and accounting (F&A) team needs to ensure that management controls are effective, financial systems and processes are optimized, monthly close is accurate and timely, and strategic level decisions are supported adequately.

However, many companies, especially Small and Medium Size Enterprises (SME) may not be able to afford a full time CFO initially in their journey, or the services from large consulting firms are expensive. Sometimes, there is no CFO or Financial Controller role, or the CFO exists but does not have bandwidth or expertise to complete the broad range of functions expected from the role. Some companies may have a Finance Controller instead, who is more accounting and operational focused, rather than business, finance, and strategic in focus. In smaller companies, the CFO role be be under recognized, leaving  huge risks and service gaps that can impact growth and profitability. 

The MYiCFO team, with specialized range of finance management and digital technology expertise, can help perform many core CFO level functions, for Small and Medium sized Enterprises (SME), on a ‘On-Demand’ and ‘Pay-Per-Use’ basis reflecting a CFO-as-a-Service model.