⸻ CFO services
A CFO for your company – without the cost of a full-time hire
An experienced outsourced CFO brings clarity on cash flow, profitability and risks, helps plan growth and talk to banks and investors. We tailor the scope of the service to your business needs.
⸻ Sound familiar?
When a business grows, managing finances by gut feeling is no longer enough
Decisions are made without numbers
Pricing, investments or hiring are decided intuitively because there are no clear metrics or forecasts.
Sales are growing, but cash is short
Working capital gets stuck in inventory and receivables, and nobody plans the cash flow.
The bank or an investor asks for forecasts
Financing requires a budget, scenarios and reliable reports – and there is nobody to prepare them.
It's unclear what actually makes money
You can't see which products, clients or projects are profitable and which only increase turnover.
⸻ What a CFO does
Strategic financial management – from metrics to financing
The CFO is actively involved in shaping financial policy, planning and day-to-day operations.
Planning and control
- A system of financial metrics for management decisions
- Budgeting and regular monitoring
- Performance analysis and scenario forecasts
Cash and financing
- Working capital and risk management
- Choosing sources of financing and controlling funds
- Assessing the payback of expansion and investment projects
- Representation at banks, insurance and investment companies
Governance and reporting
- Participation in board meetings and strategic planning
- Coordinating and improving the work of the accounting department
- Financial and performance information for management and departments
Need a CFO on an ongoing basis or just for a project?
Let's discuss your situation – we'll suggest the right scope.
⸻ Who it's for
When an outsourced CFO pays off most
For smaller companies
When hiring an experienced CFO on an employment contract would be inefficient.
For growing companies
Before expansion, investments or raising financing, when a clear plan is needed.
For larger companies
When a broader perspective and experience are needed – on an ongoing basis or for a short-term project.
For a period without a CFO
When you need to temporarily replace or strengthen your current CFO.
⸻ Why BNM Finance
Experience you can draw on immediately
Many years of experience
Our CFOs have worked at large local and international companies across various sectors.
They understand different businesses
We know the difference between managing the finances of typical companies and start-ups, so we spot risks in time.
A team behind them
Accounting, Power BI analytics and lawyers – in one place.
A flexible model
You pay for the scope you need – without a long recruitment process or the cost of a full-time position.
⸻ How we start
How we get started
Intro call
We discuss your business, goals and biggest financial challenges.
Situation assessment
We review reports, metrics and processes and identify priorities.
Scope and plan
We agree on the tasks, deadlines and scope of the service.
Regular work
Budgets, reports, meetings with management and ongoing control.
⸻ Client results
What we've already done for other companies
E-commerce, retailMary KayFor a company with thousands of transactions every month and fast year-on-year growth, we built a system that keeps accounting costs stable.Read more →Service sectorAffideaFor a company with hundreds of employees, we built accounting that is as automated as possible, with costs that barely rise as the company grows, and implemented an accurate individual pay calculation system.Read more →Project-based businessSolidsupplyWe built modern digital accounting and implemented solutions that make it possible to assess project profitability at any stage.Read more →
Service sectorAmerican English School (AMES)Implementing modern business analytics tools significantly reduced the time spent on work.Read more →
E-commerce, retailBežaConnecting the systems of physical and online stores made accounting much more efficient, and advanced performance analytics were put in place.Read more →
E-commerce, retailSPA BaborWe combined accounting for physical and online sales points into a single automated system and linked it with other management processes.Read more →
E-commerceSpintaWe automated transaction accounting for the online store of a well-known Lithuanian stylist.Read more →Car rentalSigviWe implemented a custom Power BI reporting system – managers see the figures for every car and rental location daily and react quickly to market changes.Read more →
WholesaleBaltijos langų technikaPower BI analytics revealed the true profitability of products and sales managers, and the shareholder gained full control of the financial data.Read more →
Trade, medicalMegagen BalticsOne Power BI system for managers, sales and the warehouse in Vilnius and Seoul – with financial analysis in Korean for the parent company.Read more →Telecoms, ITCSC Telecom and TCG TelecomData consolidation for two group companies is now faster, and every salesperson sees their key performance indicators (KPIs) and bonus amount in real time.Read more →⸻ FAQ
Frequently asked questions
What is an outsourced CFO service?
It is a service in which BNM Finance provides an experienced CFO for temporary or ongoing oversight of your company's finances – actively involved in shaping financial policy, planning and day-to-day operations.
Which companies is an outsourced CFO service suitable for?
The service suits smaller companies for which hiring a permanent CFO on an employment contract would be inefficient, as well as larger companies that need a broader perspective and experience – on an ongoing or short-term basis.
What exactly does a BNM Finance CFO do?
The CFO monitors and analyses company performance, takes part in budgeting and budget control, advises on working capital and risk management, assesses the payback of investment projects and represents the company at banks and other financial institutions.
Who does the CFO report to in the company?
The assigned outsourced CFO reports directly to the company's top management, and the scope of services is tailored to the client's individual needs.
How does a CFO service differ from accounting?
Accounting ensures that financial data is recorded properly and reports are filed, while a CFO additionally handles strategic planning and risk management and coordinates the accounting department, taking part in board meetings.
⸻ Enquiry
Let's discuss what kind of CFO your company needs
Briefly describe your situation – we'll get in touch, discuss your needs and suggest the right scope of service.
Ready to get started?
Fill in a short enquiry – a BNM Finance expert will contact you and suggest the best solution.
Submit an enquiry →