Spiceworks, Inc.

“I rely on knowing experts, like the team at vcfo. They’ve always been very up-front and keep the best interests of my business in mind.”

Scott Abel, CEO
Spiceworks, Inc.

Armor Safe Technologies, LLC

We have always been able to count on vcfo to be responsive to our needs, quickly delivering high quality work and strategic CFO consulting. Our CFO’s perspective is a real asset, thanks to the wealth of experience he has gained while serving many clients across a range of industries. He was instrumental in the completion of our ERP/CRM system conversion and has assisted us through several complex business decisions, stewarding our finances as the company has been growing over the last few years. I highly recommend vcfo as my choice of financial consulting firms, to any business looking for someone to fill a CFO role.

Michael Robinson, Executive Vice President
Armor Safe Technologies, LLC

Herd Partners

“In just a few months, our virtual CFO and vcfo made a tremendous impact on the efficiency and productivity of our office. Our CFO helped us with the elimination of redundant job functions, improvement in the speed of key processes through technological upgrades and training, and a complete benefits realignment. All of this has resulted in less time wasted, dollars saved, and a more focused team.”

Jason Herd, Partner
Herd Partners

BlueSpace

As a new government contractor, we needed to setup new accounting processes and implement special financial reporting to meet the requirements for all government contractors.  vcfo setup the new processes, designed an efficient chart of accounts and has consistently prepared timely financial reports for both Management and Governmental purposes. vcfo has been a great part of our team.

Pat Motola, President and CEO
BlueSpace

Isolux Ingenieria

“I was very impressed by our vcfo CFO and her approach to her work. She parachuted into our company as a virtual CFO during our start-up phase and was an integral part of achieving our first successful project and implementing the systems that enabled us to grow to over 100 employees within two years. She handles challenging and fast-changing situations very well, without losing sight of the goal and has excellent people skills. In addition to her CFO skill-set, her ability to operate in multiple languages was very valuable, especially since the company is a subsidiary of a company from Europe. Although she was an external consultant, she approached the role with the commitment of a full-time employee and did an excellent job of interfacing with our internal team, shareholders and other advisors. I would not hesitate to work with vcfo again.”

M. Max Yzaguirre, CEO, Chairman
he Yzaguirre Group LLC, Isolux Ingenieria USA, LLC

AndersonMasonDale Architects

“Our firm has traditionally had two people in the accounting department, but with the uncertain economy in recent years, we decided to move to a new paradigm. Now we have one full-time Bookkeeper with part-time senior-level support from vcfo. It’s been a great collaboration. vcfo has provided a level of expertise that is immensely valuable, but something we could not afford on a full-time basis. Our virtual CFO brings years of experience in diverse financial reporting challenges and gives us the support to make critical decisions with the confidence that we are well informed.

vcfo has helped us refine and strengthen key aspects of our financial function. We have streamlined payroll to free up time for our Bookkeeper to cover other needs. We are transitioning to a new software package with the confidence of having someone on our team that has helped other firms through similar efforts and we have refined our project reporting to ensure firm leadership gets just the right information they need to run the business. All this while the wheels of the operation continue to churn.

I highly recommend vcfo for CFO consulting and financial management solutions.”

Andy Nielsen, Principal
AndersonMasonDale Architects

FastPath Learning, Inc.

“Following the unexpected departure of my HR Director, I was forced to search out a resource that would allow me to continue to manage the operation and still know that the responsibilities of my HR Department were being addressed.  This resource was vcfo. Our consultant immediately assessed my risks and set off to mitigate my exposure as quickly as possible.

During her time here, the organization grew from 300 to 800 employees and expanded into 7 other states in a four-month period, and she expertly managed all HR and recruiting aspects of that transition.  Besides being an outstanding human resources professional, she was a trusted confidant that I could always depend on for well thought out recommendations, which were sensitive to both the business and the employees.

I will continue to call on vcfo in the future and wholeheartedly recommend them for ANY executive HR and recruiting needs.”

Lee Franklin Jr., COO
FastPath Learning, Inc.

Isolux Ingenieria USA

“vcfo was brought in to assist Isolux Ingenieria USA in the early start-up days. As the CEO, I was very impressed by their substantive skills and their ability to work with a diverse group of people spread across various offices and countries. Although they were an outsourced function they became a part of our leadership team seamlessly and were an integral part of achieving our first successful project (with a contract value of over $600 million) and implementing the systems, processes and policies that enabled us to grow to over 100 employees within two years. They helped us establish an infrastructure that provided a solid foundation and enabled our company to be scalable and support our expanding business needs, including talent acquisition programs, payroll and HR software system implementations, immigration matters, employee benefit plan design and rollout, employee policies and procedures, corporate insurance and compensation programs. They handled challenging and rapidly changing situations very well, without losing sight of the company’s overall goals. I would not hesitate to work with them again.”

M. Max Yzaguirre, CEO, Chairman
The Yzaguirre Group, LLC, Isolux Ingenieria

Penco

“We were experiencing significant growth, but weren’t ready to commit to a full-time HR department. vcfo provided the perfect solution — we continue to benefit from their deep human resources experience, while paying for only what we need.”

Bob Renneker, CEO/President
Penco

Living Direct, Inc.

“As a business owner, it has been imperative to partner with great people and partners to grow our business. During a time of incredibly rapid growth, we depended on the expertise and guidance provided by vcfo relating to an array of HR matters. We gained access to expert advice at a reasonable variable cost relative to bringing on a full time HR professional which allowed us to focus on growing our business. We continue to thrive in large part due to the assistance of vcfo in putting great people programs, processes and policies in place. Looking back, bringing vcfo was one of the best decisions we ever made.”

Rick Lundbom, CEO
Living Direct, Inc.

Wind Energy Transmission of Texas (WETT)

“Initially WETT had no local presence with Board members and shareholders located in Canada, Spain and the northeast US. We brought in vcfo CFO and HR consultants during the initial company start-up in 2009 to assist in establishing that local presence. They took the lead in physically setting up our office, from identifying the office space to helping with the IT set up. vcfo helped establish and administer benefit plans, created employee policies and practices, set up and processed payroll, provided compensation program recommendations and developed onboarding and performance management systems. As the permanent WETT team was developed, vcfo worked on-site with our teams to organize the financial policies and controls, select tax advisors and auditors and open bank accounts, among other crucial details needed for any new business. Even though we are now at full-staff, they continue to provide ongoing HR and financial support as they have since the company opened and are an invaluable resource for us as we’ve grown the business.”

Wayne Morton, General Manager
Wind Energy Transmission of Texas (WETT)

The Albert Companies

We went through a major business transaction that we couldn’t have done without the vcfo team. They played a key role in driving The Albert Companies to our best year in revenue and profits.

Bobby Albert, CEO
The Albert Companies

Living Direct, Inc.

“As a business owner, it has been imperative to partner with great people and partners to grow our business. During a time of incredibly rapid growth, we depended on the expertise and guidance provided by vcfo relating to an array of HR matters. We gained access to expert advice at a reasonable variable cost relative to bringing on a full time HR professional which allowed us to focus on growing our business. We continue to thrive in large part due to the assistance of vcfo in putting great people programs, processes and policies in place. Looking back, bringing vcfo was one of the best decisions we ever made.”

Rick Lundbom, CEO
Living Direct, Inc.

Hospital Healthkeeping Systems

“My company has a growth pattern that frequently out paces our existing resources. When this occurs, vcfo has been able to provide an appropriate resource with the experience necessary to supplement my staff.  They are able to respond in a very timely manner, thereby enabling us to stay ahead of the growth curve.”

Debra Dowden, EVP of Accounting
Hospital Healthkeeping Systems (HHS)

Jones Lang LaSalle

“vcfo brings competent, seasoned expertise to the table, enabling us to save time and money on accounting issues, as well as benefit issues.”

Diana M. Holford, Managing Director
Jones Lang LaSalle

National Trauma Institute

“Making the decision to work with vcfo is one of the best decisions we have made—not only did we receive a far higher level of expertise and quality of service, the costs have been dramatically less than paying our own employee a full-time salary. Further, vcfo made immediate recommendations to lower operating expenses. vcfo is one of the top financial recruiting firms and is our future.”

Sharon Smith, Executive Director
National Trauma Institute

Spiceworks, Inc.

“I rely on knowing experts, like the team at vcfo. They’ve always been very up-front and keep the best interests of my business in mind.”

Scott Abel, CEO
Spiceworks, Inc.

Viscern, Inc.

“vcfo really listened to us, learned about our business and truly understood what we needed to do. Then, they delivered on it!”

Kevin Lloyd, CFO
Viscern, Inc.

E-Global Sports Network, Inc.

“vcfo has been an excellent CFO consulting resource for our early-stage company. The strong experience as well as the efficient and flexible structure provided by vcfo has helped us operate lean and mean. Our CFO has provided accurate and timely visibility into the financial operations of our business and we have benefitted greatly from the broad skill-set.”

Michael M. Sroka, CEO
E-Global Sports Network, Inc.

Huselton, Morgan & Maultsby, PC

“vcfo has worked with me on several mutual clients. They are dedicated to providing exemplary client service and solutions to difficult issues while performing in a professional manner.”

Steve Allen, Partner
Huselton, Morgan & Maultsby, PC

BooKoo Beverages, Inc.

“We needed an experienced controller on an interim basis and vcfo delivered. They provided us with a very professional and highly qualified person who added value from day one. We couldn’t have asked for a better match!”

Steve Ruffini, CFO
BooKoo Beverages, Inc.

Omniprobe, Inc.

“When our CFO started with Omniprobe, he immediately brought direction and stability to the financial reporting systems and processes, preparing us from day one for an eventual sale. His guidance and foresight led us successfully through our first public audit and resulted in a very efficient due diligence process. His CFO consulting support resulted in our successful acquisition at an increased valuation. He then organized and led the critical post-acquisition activities of integration into a large public corporation and even helped hire and train his own full-time replacement. I believe that we would not have had as successful an outcome without him. In fact, it is quite possible that the acquisition would not have occurred without his experience and commitment to success. And along the way, he saved us over $100,000 in taxes! His wealth of experience and enthusiasm would be welcome in any organization.”

Tom Moore, President
Omniprobe, Inc.

Sonny Bryan’s Smokehouse

“vcfo has been a big asset to Sonny Bryan’s Smokehouse for the past six years. Initially they were charged with heading up the reorganization of our finance department and developing sound financial and management reporting. Thanks to vcfo, the reorganization is complete and the department is functioning at a high level. With our new accounting department and vcfo’s involvement we finally have a stable, consistent and highly functioning financial process. Six years later, Steve is still working with us as a contract CFO and recently led the arduous process of Sonny’s becoming a franchise sales and development organization. He also continues to recommend and implement improvements to our systems, processes, financial reporting and cost controls as well as handling special projects as needed.”

Brent Harman, President
Sonny Bryan’s Smokehouse

HiveLive

“vcfo has helped us out tremendously. From revenue models to financing decks, their work has always been done on time and done well.”

John Kembel, CEO
HiveLive

AndersonMasonDale Architects

“Our firm has traditionally had two people in the accounting department, but with the uncertain economy in recent years, we decided to move to a new paradigm. Now we have one full-time Bookkeeper with part-time senior-level support from vcfo. It’s been a great collaboration. vcfo has provided a level of expertise that is immensely valuable, but something we could not afford on a full-time basis. Our virtual CFO brings years of experience in diverse financial reporting challenges and gives us the support to make critical decisions with the confidence that we are well informed.

vcfo has helped us refine and strengthen key aspects of our financial function. We have streamlined payroll to free up time for our Bookkeeper to cover other needs. We are transitioning to a new software package with the confidence of having someone on our team that has helped other firms through similar efforts and we have refined our project reporting to ensure firm leadership gets just the right information they need to run the business. All this while the wheels of the operation continue to churn.

I highly recommend vcfo for CFO consulting and financial management solutions.”

Andy Nielsen, Principal
AndersonMasonDale Architects

ControlPath, Inc.

“Our CFO is a very strong asset to our company. He brings a unique talent to the table every time he steps in to assist our business, whether it is delivering strategic financial advice, maximizing investment opportunities or ensuring we have accurate financials with good operational explanations and related advice. He delivers on the fundamentals of managing financial operations and delivering results. We maintain a higher standard of financial health because of the involvement of our virtual CFO. He is very practical and experienced and doesn’t waste time in getting results. He is a long-term contributor to our business.”

Chris M. Poelma, former CEO
ControlPath, Inc.

A clean-technology company in Littleton, Colorado

“vcfo has been an invaluable CFO consulting resource for our early-stage, privately held company. Initially, they were charged with developing strong financial and forecast reporting and processes, tax filings and preparing us for our initial annual financial audit with a Big 4 firm. Since 2007, vcfo has worked with us providing exemplary financial leadership across the board, particularly in the following areas:

  • Preparing monthly reporting to management, investors and bankers
  • Leading company interaction with our outside audit firm, helping bring our annual audit in on time and within budget with no adjustments
  • Leading company activities for federal and state tax filings and including management of audits performed by regulatory groups and the favorable negotiation of county property taxes
  • Working with our insurance broker to procure the necessary business insurance required for our manufacturing and early-stage company
  • Supporting multiple financings by setting up and maintaining electronic data rooms that provide for an efficient due diligence process, and working with our attorney on various legal agreements and reconciliations of capitalization tables”
A clean-technology company in Littleton, Colorado

Treehouse Brand Stores

“I can’t believe how wonderful the entire process has been working with the vcfo Controller and CFO. The three of us worked really well together. No doubt it has been a ton of work, but working with them gave me such a better perspective on so many things with the systems at THBS. Their experience, knowledge and suggestions were beyond valuable. When we started the processes, I could not imagine how in the world they would be able to grasp the complexity of our system integration and all of the trials that we’ve faced over the past two years. But, in no time they were both up to speed and able to make suggestions and implement strategies to get everything audit-ready.”

Doni Files, Director of Finance
Treehouse Brand Stores

Teton Aviation Group, LLC

“Teton Aviation Group, LLC engaged vcfo in late 2011 to assist with financial analysis, establish key financial indicators for our company and provide guidance in our international expansion efforts. Early in our engagement with vcfo, our company had an unexpected opportunity to sell a large portion of our business to a strategic buyer. Since we had not been through a sales process to completion previously, having a CFO with extensive experience in mergers and acquisitions on board with our company enabled us to move quickly and confidently through the transaction process. Our virtual CFO served on our strategic negotiating team and was highly visible throughout the process, participating in all face-to-face negotiations. His experience was invaluable in multiple facets of the transaction and his assistance and expertise were important in getting the transaction closed.

We heartily recommend the services of vcfo.”

Glenn and Joe Hertzler
Teton Aviation Group, LLC

SURGE Accelerator

“The vcfo team joined SURGE as our first sponsor company and worked with all of our portfolio companies, providing several start up presentations on topics ranging from successful development of a financial forecast to the importance of having an appropriate infrastructure in place as they grow. They played a major role in helping our portfolio companies learn what it takes to successfully raise money. They also rolled up their sleeves to help the companies individually prepare for their fundraising and assisted them with their financial processes, reporting and forecast models so that the companies were ready for investor discussions and due diligence. They continue to work with several of our graduates who are continuing the process of fundraising.

I would highly recommend vcfo to any company as a superior financial consulting firm that can help with financial strategy and guidance along with any required execution to optimize their financial organization.”

Kirk Coburn, Co-founder & Managing Director
SURGE Accelerator

Northern and Western Insurance Company, Ltd.

“As an offshore insurance company that does business around the world, it is comforting to work with the vcfo team. Not only do they provide very valuable assistance in helping us with our monthly and year-end financial processes and reporting, but also with our worldwide business strategy. We operate in a highly regulated industry. Accuracy and transparency in our reporting is a key element in our ability to deliver top level service to our clients around the world. We are very appreciative and confident that vcfo has put the necessary policies and procedures in place to support our requirements. While they assisted us in recruiting an internal financial resource to our firm, their team continues to play an integral role in our operation.

I highly recommend vcfo to any company seeking CFO consulting to upgrade their financial team and infrastructure.”

Devon Harrison, Founder and President
Northern and Western Insurance Company, Ltd.

Madagascar Oil

“vcfo was instrumental in helping the Company go public on the London AIM exchange.This entailed getting our financial records in compliance with IFRS and working closely with our auditors here in the states and in London. They also played a major role in implementing our new oil and gas E&P software while transitioning from our current platform. Their ongoing assistance with our domestic and international financial reporting and capital needs at a senior level as a public company was invaluable. As we grew and our needs increased we tapped vcfo to help us with hiring a senior finance executive to take over operations internally. The transition was seamless and we still call on them as needed for ongoing assistance.”

Seth Fagelman, CFO
Madagascar Oil

Pinnacle ECS

“vcfo played a critical role in refining our business mode, l including our pricing strategy, both before and after being presented to potential investors. They also played a critical role in assisting our team in transitioning our financial forecast, records policies and practices to a more robust, investor friendly level.”

David Price, CEO
Pinnacle ECS