Fractionalized
Finance Teams
Current Clients
Ecosystem Partners
What’s Included
Growth & Operating Cadence
Growing a business requires awareness, information, accountability, and support.
Our playbook has our CFO’s drive these areas for you. This means depending on your size, stage and rate of growth there is a weekly cadence of forecasting, cash flow and metrics meetings.
Finally, we believe that a CFO contributes most effectively when they truly know your business and sufficiently understand it. As a result our standard playbook has our CFO’s included in your management, strategic and board meetings.
Monthly Business Review
We have lived the truth of the saying “you can’t manage what you don’t measure” (or see).
Each month we present a monthly “deck” on your business. While the deck includes actuals vs budget, updated forecasts, KPI’s and other metrics, we believe companies need more.
Each month we look for issues, insights or recommendations as if we were an analyst delivering a report to a partner in a VC or PE firm. This results in a monthly business review containing the information you need to make informed decisions.
Monthly Financial Package
It shouldn’t be hard, but we’ve seen it enough to know getting timely financials isn’t that common.
During our onboarding with you we’ll establish a timeline to have your monthly financial statements and business review completed by. Depending on your needs, your budget and our availability we’ll agree on a deliverable between the 6th and 18th of the month.
Additionally, we believe each month should be treated as a year end. In the background we ensure there is a complete working paper package and entries like amortization are booked. You might not want to see this information, but you can rest easily knowing its there when you need it for that capital raise or other transaction.
How It Works
From there we construct a dedicated fractional team for you based on your current needs. As you expand (or contract) your CFO will propose hires or reductions on a fractional basis enabling you to scale seamlessly.
We work with the common accounting platforms and as we onboard you we will migrate your business to our standardized processes and preferred systems. Everything will be set up so that one day when you graduate to your own internal team, it can be easily handed back to that team.
The CFO Stack
This means our CFO’s are part of your weekly/monthly operating cadence, embedded in slack/teams and should be linked into adhoc text/SMS conversations.
Sounds expensive? The benefit to a fractional team is that your CFO is supported by a team of FP&A analysts who are responsible for the majority of the analysis ensuring that your CFO isn’t burning your budget!
Finally, one of the best benefits of fractional finance is that as your company hits different milestones or needs you can bring in different CFO experts. theFinanceStack has CFO’s (and supporting teams) that specialize in financings (debt/equity), rapid growth & scaling, M&A & exits.
The Accounting Stack
We do this by building a comprehensive fractional team of people who are responsible for each area. We will work with you and your team(s) to document (or build) processes to ensure everything happens as expected.
Your fractionalized team will include standard roles like accounting, cash and AP, AR & payroll techs but could also include people dedicated around functions like sales and local taxes, management accounting, transfer pricing, IFRS and more.
During your onboarding phase you will be paired with a tFS implementation controller and team who will work with your permanent team to get you onboarded effectively.
Our Senior Team
Finance
Brad has extensive fractional CFO experience over the last 22 years, Well over $1B in transactions completed (exits, capital raised).
His primary focus has been with startup and early stage companies guiding them towards scaling growth, raising capital and exit.
Phil has over 20 years of experience as a financial professional. He has held leadership positions in a variety of start-up and growth-stage businesses, with a particular focus on organizations in the financial service and technology sectors.
Helen is a British CA, with over 20 years of experience in Finance and Accounting roles in Consumer Products Companies. She has supported over many companies on all aspects of finance, e-commerce/retail strategy and operation as a senior finance executive.
Kayla Hanlon is a CPA with 5 years of experience in public practice accounting. She has worked an array of listed, private, and public sector clients demonstrating strong technical knowledge and problem solving skills that allow her to develop valuable solutions for her clients.
Accounting
Dan brings a decade of experience managing full cycle accounting and payroll for small to midsize companies over a broad range of industries. His experience also includes financial modeling and cash flow management, specifically for start-up stage and small sized companies.
Hannah has developed a real passion for financial accounting, and has nine years of private practice experience that speaks to her diverse background. Hannah holds a Bachelor of Economics from the University of Victoria, she is also currently working towards her CPA designation and plans to be completed in 2023.
Pricing
We’re working to make scaling your finance function almost as easy as you would an AWS tech stack! We’ve outlined the potential pricing for different stages of a company's life cycle below.
Startup
Quality, timely financial information at your fingertips and the team to help you make the right decisions for your business.
This package includes
Early Growth
Here we are expanding your accounting team to handle complexities while expanding the time from your CFO & FP&A analyst to build models, budgets, investors materials and support you in diligence.
This package includes
Growth
In our growth stage we’re expanding payroll into people ops, while scaling support for more volumes and complex issues. On the CFO & FP&A side, our time is expanding and focused around proactive opportunities (pricing, strategic planning, sales effectiveness etc).
This package includes
Scaling Growth
This is a choose your own adventure. We have a large team of experts in accounting and finance and we build you your fractional team to meet whatever level of growth you have to throw at us. Our team has seen most everything and we’ll build one to match your challenges.
This package includes
Costs that represent all accounting services required in the year
Your monthly cost represents the hours over the course of the year that we expect are required to complete. At certain times of the year (year end, quarter end, around a SRED/R&D filing, etc.) we expect our team hours to exceed the average from the rest of the year and visa-versa.
Two primary ways your monthly fees may change
First, you may need one-off support for a transaction, a filing etc. In these cases we’ll come to you in advance and agree on the required hours needed from your fractional team for that project.Second, the tFS team audits the services provided to your company quarterly. If your business is more or less complex, or has a lower or higher transaction volume, we’ll come to you with a “hiring or reduction recommendation” on the fractional “roles” we want to hire or reduce to support those new volumes.
An option to amortize implementation fee over the first year
Beyond onboarding we understand that often can be a significant backlog of items that need to be addressed. We’ll work with you to determine what's needed and provide a plan to make it approachable for your budget.
Ready to
get started?
