Technology · Fractional CFO
Fractional CFO for Startups & SaaS Companies
Model, runway, metrics and board reporting, without a full-time hire.

Fractional CFO

Fractional CFO and FP&A for startups and SaaS companies

Greywood CPA provides part-time CFO leadership for startups and SaaS companies that need more than a bookkeeper but aren't ready for a full-time CFO. We build the model, run the budget, prepare board reporting and support fundraising, at a fixed monthly fee.

Most startups bring in a fractional CFO around a fundraise, when the board starts asking for metrics, or when cash runway gets tight. We work alongside your bookkeeper or our accounting team, so the numbers behind the model are reliable.

Last reviewed: November 2026

Financial model and cash runway

A driver-based model that ties hiring, pricing and growth assumptions to cash, updated monthly against actuals. Runway is the number that matters most, and we tell you early when it's shrinking and what levers move it.

SaaS metrics investors ask for

MetricWhat it shows
ARR and net new ARRRecurring revenue growth
Net revenue retentionExpansion vs. churn in existing customers
Gross marginHosting and support efficiency
CAC paybackHow fast sales spend pays back
Burn multipleCash burned per dollar of new ARR

We define each metric once and calculate it the same way every month, so trends are real.

Board and investor reporting

  • Monthly or quarterly board package: financials, metrics, cash and plan vs. actual
  • Investor updates with consistent numbers
  • Annual budget the board approves and you can actually track

Fundraising support

We build the model and metrics investors diligence, prepare the data room, answer finance questions during diligence and model dilution across SAFEs, notes and the new round.

Getting audit-ready

If an investor or lender will require an audit, we get your revenue schedules, cap table and equity accounting ready first. For companies we audit, CFO work is done by a separate team so the audit stays independent.

How the engagement works

  1. Intro callDay 1

    Stage, runway, board and fundraising plans.

  2. Fixed-fee proposalWithin 1–3 business days

    Monthly scope and fee.

  3. First 30 daysMonth 1

    Model, metrics definitions and first board package.

  4. OngoingMonthly

    Close review, model update, reporting and strategic support.

Why startups choose Greywood CPA

  • Fixed fee, agreed first. No hourly billing and no surprise invoices.
  • Senior people on your file. Every engagement is led by a senior professional and signed off by a CPA partner. Meet the team.
  • Licensed and registered. Virginia Board of Accountancy firm license #134961, AICPA member, with out-of-state registrations where required. See our credentials.

Related

Startup fractional CFO FAQs

When does a startup need a fractional CFO?

Usually around a fundraise, when the board asks for consistent metrics and reporting, when runway gets tight, or before a first audit.

What SaaS metrics should we track?

At minimum ARR, net revenue retention, gross margin, CAC payback and burn multiple, each defined once and calculated consistently every month.

Can a fractional CFO help with fundraising?

Yes: the model and metrics investors diligence, the data room, diligence questions and dilution modeling across SAFEs, notes and the new round.

Do we still need a bookkeeper?

Yes, or an accounting team. The CFO relies on accurate monthly books. We can provide the accounting too, through a separate team.

How do your fees work?

A fixed monthly fee based on stage, reporting cadence and how much fundraising or board support you need.

Raising, reporting to a board or watching runway?

Tell us your stage. A senior CPA will send a fixed-fee proposal within 1–3 business days.