Looking for a top-notch CFO services in London? Running a business often requires the expertise of a Chief Financial Officer (CFO), but hiring a full-time one can be a significant expense for many companies. This is where CFO-as-a-service (CFOaaS) comes in. These companies offer a flexible and cost-effective solution, providing access to experienced financial professionals on a part-time or project basis.
To help you navigate the London landscape, we’ve compiled a list of the top 10 CFOaaS companies in the city, based on factors like experience, services offered, and client testimonials.
Boasting a team of experienced accountants, On The Go Accountants offer a comprehensive range of CFO services, including budgeting, forecasting, financial reporting, and tax planning. They cater to businesses of all sizes and specialize in supporting startups.
- Unique Selling Point: Their focus on startups and their ability to provide tailored solutions to meet the specific needs of young businesses.
- Key Services: Financial planning and analysis, cash flow management, fundraising assistance, and tax compliance.
- Client Testimonials: “OnTheGo have not only helped us to grow our business to the point where we now have 12 staff and are turning over £1/2m, they have helped keep my stress levels at an all time low, as I know they always have it covered and it’s one less thing for me to worry about.” – Phil Spokes, CEO at Spokes Education Ltd.
This award-winning firm provides outsourced CFO services tailored to startups and growing businesses. Their services include financial planning & analysis, cash flow management, and fundraising assistance.
- Unique Selling Point: Their use of cloud-based technology to streamline financial processes and improve efficiency.
- Key Services: Financial reporting, budgeting, forecasting, and financial modeling.
- Client Testimonials: “Accountancy Cloud has been a responsive and high-quality accounting partner who truly understands the needs of startups, from the day-to-day to more strategic advice” – Alex, Founder of Beam
3. Finerva
Finerva goes beyond traditional accounting, offering CFO services alongside virtual bookkeeping and tax solutions. Their focus lies on helping businesses scale and achieve their financial goals.
- Unique Selling Point: Their integrated approach to financial management combines CFO services with other essential accounting functions.
- Key Services: Financial strategy, financial modeling, business valuation, and M&A advisory.
- Client Testimonials: “Finerva are very much a partner to Klive and not a supplier. If you are a start-up, time-starved, focused on building client and customer relationships then trust them to manage your bookkeeping and tax affairs with diligence, accuracy, and passion” – Chris Ward, Klive
A global powerhouse, Mazars offers a full suite of CFO services in London. Their team of chartered accountants can help with all aspects of financial management, from strategy to compliance.
- Unique Selling Point: Their extensive global network and experience working with large corporations.
- Key Services: Financial reporting, audit, tax, and advisory services.
- Client Testimonials: “We moved to Mazars for all our accounting services approximately a year ago and have been delighted with the partnership. Currently, we work with them on Management Accounts, Payroll and Audit and all have been very professional, reliable and responsive. I can thoroughly recommend them” – Paul Bodger, Origin Fitness
5. AccountsPro
AccountsPro caters to a wide range of businesses, offering a unique blend of outsourced finance and accounting services. They provide dedicated financial controllers, including CFO services, on a part-time or project basis.
- Unique Selling Point: Their ability to provide customized solutions tailored to the specific needs of each client.
- Key Services: Financial reporting, budgeting, forecasting, and financial analysis.
- Client Testimonials: “AccountsPro took all the work off my hands and put my mind at rest. I was able to focus on the parts of the business where I could really add value and know that Accounts Pro was taking care of the rest.” – Daniel C., Business Owner
6. PCFO
PCFO (known as Practical CFO) boasts a team of experienced CFOs who can provide a customized approach to your financial needs. They offer a range of services, including budgeting and forecasting, financial analysis, and business strategy.
- Unique Selling Point: Their focus is on providing part-time CFO services, offering flexibility and cost-effectiveness.
- Key Services: Financial planning and analysis, budgeting, forecasting, and financial reporting.
- Client Testimonials: “PCFO have added valuable bandwidth to our team. As a small but fast-growing business, they have had helped own a range of accounting functions ranging from bank account recs to monthly management accounts and general ad-hoc requirements. They have proven adaptable to the needs of the business as we scale.” – JP Then, CEO & Founder
7. FKGB
FKGB Accounting is a London and Tel Aviv-based firm specializing in tax, start-ups and overseas companies trading in the UK. They offer a flexible and cost-effective solution, helping businesses achieve their financial aspirations.
- Unique Selling Point: Their focus is on owner-managed businesses and their ability to provide personalized service.
- Key Services: Financial reporting, budgeting, forecasting, audit, accounting and tax planning.
- Client Testimonials: “FKGB provided accounting and taxation services and helped us effect some major changes in the focus and nature of our business. We have always found that FKGB provided us with a thorough and first class service enabling us to meet internal and group reporting deadlines.” – FKGB Client
This leading online accounting software provider also offers CFO services, including financial reporting, budgeting, and forecasting. Their cloud-based platform makes it easy to manage your finances and collaborate with your CFO.
- Unique Selling Point: Their integrated platform combines accounting software with CFO services.
- Key Services: Financial reporting, budgeting, forecasting, and financial analysis.
- Client Testimonials: “For small businesses looking for proactive guidance with cloud technology solutions, 123Financial is highly recommended. Their outstanding service and professionalism make them reliable CFOs for business ventures.” – 123 FInancials Client
ERB specializes both in working with start-up companies that need assistance, and with large multinational companies that have complex and unique requirements in the financial field. With branches located around the world, ERB offers Israeli related companies are growing abroad, as well as multinational companies with a local presence in Israel-a comprehensive and professional solution.
- Unique Selling Point: Their global reach and experience working with clients from different industries.
- Key Services: Financial reporting, audit, tax, and advisory services.
- Client Testimonials: “As a young start-up company, we were looking for an external financial management solution that would streamline and maximize financial and operative management and that’s why we came to ERB. ERB provides us with a variety of services including – bookkeeping, accounting, payroll and more. The ERB team makes sure that everything is conducted in the most professional way for us and the most appropriate for our needs. We are full of appreciation for the way in which ERB provides their services, for their availability, patience and support and experience in working with a fast growing young startup.” – Gai Ziv, Co-Founder & Ceo Of Sunlightapi
Choosing the right CFOaaS company is crucial for the financial health of your business. By carefully considering your specific needs and the services offered by these firms, you can find a partner that will help you achieve your financial goals.
