Strategic CFO® Nearsourcing

Strategic CFO® has developed a blended model of remote daily accounting supervised locally by a Controller or CPA, with quarterly onsite reviews including the entire team.

One of the main challenges for companies under $15mil revenue is hiring the right accounting staff. They simply cannot afford full-time CPAs or degreed accountants. That is because the market for qualified accountants is strong, and a good accountant makes a good salary.

Outsourcing creates as many problems as it solves. Now you are dealing with language barriers, major time differences, and most likely lower quality accounting. 

That is where NearSourcing comes in.

Strategic CFO® NearSourcing

The NearSourcing Model: A blend of onsite, local accounting support by a qualified Controller/CPA, mixed with daily accounting performed by remote accounting professionals, in your time zone. 

All accounting is kept to U.S. GAAP standards. Your remote team will travel to meet you onsite quarterly to review financial results, analysis, and forecasts in person. They will be available for live chat/calls during your normal business hours. Your accounting team is dedicated full-time only to your business. 

Additionally, all accounting work is supervised locally by a Controller/CPA, who is available for onsite visits between quarterly reviews.

We realize that smaller companies and start-ups may not require two accounting professionals, so we have developed different packages that allow you to grow into a fully NearSourced accounting team. 

NearSourcing Controller Package Includes: 

  • Degreed Controller AND Accounting Manager
  • Local Controller/CPA Supervision
  • Quarterly Onsite Review – Entire Team
  • Monthly Quality Control performed by local Controller/CPA
  • U.S. GAAP Financial Statements 
  • Audit-Ready Financials 
  • 12-month contract

Price: $10,000/month

The price includes all travel fees associated with quarterly onsite meetings. 

All remote professionals are CPAs/Chartered Equivalent, or otherwise degreed accountants. 

NearSourcing Director Package Includes: 

  • Full Time Degreed Controller
  • Local Controller/CPA Supervision
  • Quarterly Onsite Review – Entire Team
  • Monthly Quality Control performed by local Controller/CPA
  • U.S. GAAP Financial Statements 
  • Audit-Ready Financials 
  • 12-Month Contract

Price: $6500/month

The price includes all travel fees associated with quarterly onsite meetings. 

All remote professionals are CPAs /Chartered Equivalent, or otherwise degreed accountants. 

NearSourcing Accountant Package Includes: 

  • Full Time Degreed Accounting Manager
  • Local Controller/CPA Supervision
  • Quarterly Onsite Review – Entire Team
  • Monthly Quality Control performed by local Controller/CPA
  • U.S. GAAP Financial Statements 
  • Audit-Ready Financials 
  • 12-Month Contract

Price: $4500/month

The Price includes all travel fees associated with quarterly onsite meetings.

All remote professionals are CPAs/Chartered Equivalent, or otherwise degreed accountants. 

How Much Will You Save?

A Typical Accounting Department for a company of $10mil would consist of a: Controller/CPA, Accounting Manager, and one or two staff to handle AP/AR. Hiring for these positions in the U.S. would cost over $300K/year.

NearSourcing costs just $120K/year for equally qualified professionals, including the supervision of your U.S. based Controller/CPA. That’s a savings of 60% for you, and your company!

You may also call 832-886-4246 or email [email protected] to discuss NearSourcing. 

JOIN THE NEXT STRATEGIC CFO™ WORKSHOP SERIES

Strategic CFO™ Financial Leadership Workshop
The Art Of The CFO®

Days
Hours
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December 5-8th, 2022