Below, review A Day in the Life of a CFO for Lease, and see how this CFO services seven different clients as if he were sitting in the next room.  Using a highly-efficient method, CFO for Lease provides close attention to each client, but each client pays only a fraction of the cost.  Contact us today to find out how much value CFO for Lease can provide to your business.

    A          A Day in the Life of a CFO for Lease

 5:30am      Early in the morning, the CFO for Lease logs in to his computer from his home office, and checks his e-mail to see if any of his clients sent him e-mails when working late the previous night.  There is one e-mail, from Client A's CEO, who worked late on a board presentation for a board meeting which is scheduled for this morning at 11am.  The CEO has requested that the CFO create and incorporate a supplemental schedule into the presentation for clarity.  The CFO quickly logs in to Client A's server via the VPN connection (which is established at the beginning of each client relationship) and accesses the necessary data, creates the financial schedule, and incorporates it into the master power point presentation as instructed.

 6:00am      After completing the time-critical report for Client A's board meeting, the CFO logs in to Client B's server, and reviews the month-end data completed yesterday by Client B's Controller.  The financial statements look good, except that a material amount of revenue from a recently-won multi-year contract seems to be recognized in advance.  The CFO sends an e-mail to the Controller, requesting her to provide backup for this calculation.

 6:10am      The CFO then logs off Client B's network, and logs in to Client C's server to prepare the weekly cash projection report for the President, which is due by 9am.  The CFO updates the custom cash flow model with the real-time system data, generates the cash report, and e-mails it to the President of Client C.

 6:40am      Now that the urgent tasks have been handled timely, the CFO exits his home office to get ready for the day and prepare the kids for school.

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 9:00am      The CFO returns to his home office and checks e-mail.  He's received 3 e-mail messages, all from different clients.  One was from the CEO of Client A confirming that the supplemental report was perfect.  Another one was from the Accounting Manager of Client D asking for guidance of the depreciation method for a recently purchased fixed asset.  The other was from the HR Manager of Client E regarding a candidate offer letter and related terms.  The CFO responds to each e-mail; each reply e-mail is automatically filed in the respective clients' Sent folder on the CFO's home office computer.

 9:15am      The CFO then opens up a customer proposal sent from the VP of Sales for Client F, who has that he review.  In order for this deal to work, certain of Client F's standard terms and conditions would need to be altered in accordance with the customer's internal policies.  The CFO reviews the proposal, makes markups, and proposes alterations of Client F's standard terms and conditions with respect to two sections that were material to the customer, but immaterial to Client F.  The CFO sends the markups back to the VP of Sales, with a carbon copy to the CEO, describing and explaining the recommended changes.

10:05am     The CFO reviews Client A's board meeting presentation in preparation for the 11 o'clock meeting.

10:25am     While waiting for the board meeting to begin, the CFO continues development work on a 7-year business finance model for Client G that he's been working on for the last week.

11:00am     The CFO connects via video conference to the board meeting for Client A.  He answers questions and participates in discussions throughout the meeting, then presents the financial portion of the presentation--  facilitated by the GoToMeeting connection, enabling full control by the off-site presenter as if the CFO were present in the board room.  The CFO offers several suggestions, and receives three action items for financial initiatives in progress.  After the presentation and discussion has ended, the meeting is adjourned.

12:25pm     After the conclusion of the board meeting, the CFO breaks for lunch.

 1:45pm      The CFO checks e-mail again, and responds to two other client e-mails. 

 2:00pm      The CFO leaves his home office for a prospective client meeting at a location 20 miles from his office.  While in the car commuting, he phones the Office Manager of Client C who was recently trained on the Quickbooks system, to see if all is going well entering bills and creating customer invoices, and answers a few basic questions.  He then asks to be transferred to the President, and confirms that the cash report sent earlier was understood, and that he is aware of the projected cash shortfall six weeks out.  After the call, since there is still ample time left for the commute, he phones the banker regarding the credit line in process for Client E, responding to an earlier phone message about the financial statements and projections recently submitted.

 2:30pm      The CFO arrives at the prospective client's office for the free discovery meeting with the owner of a 25-employee graphic design business that has been struggling with the accounting and cash management.  After more than an hour of interviewing the business owner, speaking to the managers, walking through the operation and perusing some reports in the accounting system, the CFO identifies breakdowns in process flow, as well as several other specific issues that are ailing the business, and describes high-level approaches to solving these problems.  He mentions that these are issues that are easily solved, and primarily result from the lack of support and guidance in the finance area.  The CFO then takes this information back to the office to prepare a formal proposal for services.

 4:20pm      While commuting back, the CFO checks his phone and e-mail messages on his Blackberry, and returns a call to the CEO of Client A, who desires to debrief about the board meeting.  She felt that it was very successful and that the board was pleased with the results and current management direction.  They also discuss the pending system implementation, as well as the budgeting exercises planned for next week.

 5:15pm      After arriving back at the home office, the CFO replies to three more client e-mails, then logs out of his computer.

 5:30pm      The CFO keeps his cell phone on in case any of his clients need assistance after-hours, and is usually within 5 minutes of accessing any of his clients' computer networks to render support if there is an urgent need.

In one day, this CFO has serviced seven different clients, and been on call for several more, being responsive and available to each as if he were sitting in the next room.  Using this highly-efficient method, CFO for Lease provides close attention to each client, and in turn, each client pays only a fraction of what they would pay to have him there full-time.  In addition, each client has access to the CFO's many years of experience and additional resources in the CFO's network.  Contact us today to find out how much value CFO for Lease can provide to your business.