What Our Clients Say

“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.”

“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.”

“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.”

“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.”

“vcfo helped us navigate setting up a subsidiary in Germany including completion of the complex registration process with multiple taxing authorities. The business and language skills of our contract CFO were invaluable to us in completing the process timely. With her guidance we set up a process to timely file estimated taxes electronically.”

“We’ve used vcfo for a host of financial services over the years and they do nothing short of an amazing job. We feel so strongly about the vcfo team that we ask any company we invest in or are involved in to utilize their services.”

“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.”

“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.”

“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.”

“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.”

“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.”

“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.”

“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.”

“vcfo helped us navigate setting up a subsidiary in Germany including completion of the complex registration process with multiple taxing authorities. The business and language skills of our contract CFO were invaluable to us in completing the process timely. With her guidance we set up a process to timely file estimated taxes electronically.”

“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.”

“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.”

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

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

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.

“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.”

“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!”

“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.”

“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.”

Think Tank is a cloud based Digital Engagement system designed for leaders and business transformation teams to automate and accelerate time-to-value on mission critical enterprise technology deployments or process change initiatives.

The Challenge
Think Tank approached vcfo in need of a controller with high EQ to fit with the entrepreneurial environment.  Time was a limited factor as the company was growing exponentially and unable to conduct their search over the standard period of three months. The staffing structure also presented a unique challenge. Hiring a controller would make their team too top heavy, as they were still building their team and department.

The Solution
Under the leadership of vcfo’s managing director, Carter Freeman, our team examined Think Tank’s needs thoroughly, getting to know and understand the company’s unique culture. We also researched other Denver area businesses with potential candidates sitting in experienced roles that could fulfill the role. In the short runway for time, we found a high performing assistant controller willing to take on the responsibilities of the role with promise of promotion as the business grew. Sure enough, that assistant controller has since been promoted to senior controller at Think Tank.

The Think Tank solution shows having the right people in the right roles is critical for being able to grow.

“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”

“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.”

“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.”

“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.”

“At our moment of transition and change in our senior financial leadership, the vcfo team was at our side as our CFO consulting firm. vcfo evaluated our situation and matched our needs with the right virtual CFO on their team. Our company was able to transition to new financial leadership without worry about everyday management reporting. Highly recommended by our attorneys and accountants as a premier CFO consulting firm, the vcfo team was a key component of our transition and our advancement.”

“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.”

“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.”

“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.”

“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.”