As the CEO of a venture backed startup, preparing presentations for board meetings without the support of a CFO can consume a great deal of time and energy taking away from the management of the company and focus on product development. Our on-demand CFOs reduce the strain placed on a startup CEO by ensuring that the board and executives are kept fully informed about the financial health and well-being of the company. The board and investors should never be surprised by the company’s results or cash position, and regular professional reporting helps make sure that doesn’t happen.
Without a dedicated CFO, you lack an ally capable of communicating growth, operational achievements, and how each supports the business goals in language and ways investors understand, causing unnecessary tension. Countsy’s CFOs are well versed in reporting and presenting to the boards of venture backed startups — just look at our previous clients.