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Senior finance leadership without the full-time cost

A Virtual CFO gives your business access to the financial leadership, strategic planning, and commercial insight that a full-time Chief Financial Officer provides - without the $250k+ salary. You get a senior advisor who knows your numbers, sits down with you regularly, and helps you make decisions with confidence


Most small to mid-sized businesses reach a point where their bookkeeper keeps things compliant and their accountant handles tax - but nobody is looking at the bigger picture. Nobody is forecasting cash, stress-testing pricing decisions, or building the dashboards that tell you what is actually happening in the business

That is the gap a Virtual CFO fills. Not compliance. Not data entry. Strategy, modelling, and accountability - delivered by someone who has done it before, across hundreds of businesses

Terry Bennett, Digit senior advisor
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What a Virtual CFO actually does

Cashflow forecasting and scenario planning

Live 3-way forecasting models built in Xero and Fathom. Not static spreadsheets. See where cash is going, when it gets tight, and what levers you can pull before problems arrive

Management reporting and dashboards

Custom dashboards that show the numbers that actually matter to your business. Revenue by segment, margin by service line, cost trends - presented monthly in language you understand

Strategic financial planning

Annual budgets, quarterly reviews, and rolling forecasts that connect your financial goals to operational reality. We help you plan ahead. Not just report on what already happened

Growing Businesses Companies High Transactions Franchise Groups

The full scope of your Virtual CFO

Pricing and margin analysis

We model your cost base, analyse margins by product or service line, and help you set pricing that protects profitability as you scale

KPI frameworks

Define the metrics that drive your business, build the tracking systems, and review performance each month so you know whether you are on track or drifting

Bank and lender liaison

Prepare lending applications, manage bank relationships, present financials in the format lenders need, and negotiate from a position of clarity

Board and management reporting

Monthly board packs, variance analysis, and commentary that gives directors and stakeholders the information they need to make decisions

Systems and process improvement

Audit your finance workflows, identify where manual work can be automated, implement the right apps, and build processes that scale with your team

Business coaching and accountability

Regular sit-downs where we review the numbers together, challenge your assumptions, celebrate wins, and keep your financial goals on track. A strategic partner, not just a report

How our Virtual CFO engagement works

Discovery and financial health check

  1. we review your Xero file, existing reports, and current financial position
  2. identify gaps in reporting, forecasting, and financial controls
  3. understand your goals - growth targets, exit plans, cash requirements, pain points
  4. deliver a written assessment with prioritised recommendations

Build your financial infrastructure

  1. set up live dashboards and management reports in Fathom or Xero
  2. build your cashflow forecast model - 12 month rolling, updated monthly
  3. establish KPI tracking for revenue, margins, and operational efficiency
  4. create your annual budget framework and quarterly review cadence

Monthly CFO meetings

  1. 60-minute structured meeting each month with your senior advisor
  2. review actual vs forecast performance, identify variances and actions
  3. update cashflow projections and scenario models
  4. strategic discussion on upcoming decisions, risks, and opportunities

Ongoing support and accountability

  1. ad-hoc support between meetings for urgent questions or decisions
  2. quarterly deep-dives on pricing, capacity, and growth planning
  3. annual review and strategy reset aligned with your business cycle
  4. coordination with your accountant, lawyer, and other advisors

Not consultants. Partners

Most Virtual CFO services hand you a report and wish you luck. We sit inside your systems, work with your data, and stay accountable for outcomes. Not just deliverables

Get in touch

25+ years hands-on experience

Our advisors come from corporate finance, technology, and management accounting. They have implemented what they recommend. Not read about it in a textbook

Connected to your accounts

Because we also handle bookkeeping and payroll for many of our clients, your CFO advisor has real-time access to your numbers. Not a stale spreadsheet from last quarter

Cross-industry perspective

We work with businesses from construction to professional services to ecommerce. Patterns that work in one industry often solve problems in another

Technology-led, not tool-agnostic

We recommend specific apps and integrations - Xero, Fathom, Dext, Pinch. If we suggest a tool, we configure it for you. No vague advice to "use technology better"

Works alongside your accountant

We are not replacing your tax accountant. We work alongside them - handling the forward-looking strategy while they handle compliance and tax

A fraction of the cost

A full-time CFO costs $250k+ before on-costs. Our Virtual CFO service starts from a fixed monthly retainer and scales with your needs

Common questions about Virtual CFO

A virtual CFO is a senior finance professional who provides CFO-level services on a part-time or fractional basis. They handle strategic finance work: cashflow forecasting, management reporting, KPI tracking, budgeting, and decision support, without the cost of a full-time hire. For Australian businesses earning $1M-$10M, a virtual CFO typically costs $2,750-$4,000 per month compared to $120,000-$180,000 for a full-time finance manager.
A bookkeeper records and reconciles your financial transactions. A virtual CFO uses that data to tell you what is about to happen and what decisions you should make now. Both are important: your bookkeeper runs the engine, your virtual CFO tells you where it is taking you. Most businesses need both, not one or the other.
Most businesses earning $1M-$10M in annual revenue benefit from virtual CFO services. At this stage, you have enough complexity to need strategic financial oversight, but not enough scale to justify a full-time CFO. Common triggers are: you are making significant hiring or investment decisions, your cashflow is unpredictable, you have investors or a board requiring formal reporting, or you are planning to sell or raise capital.
Your virtual CFO sits between your bookkeeper and your external accountant. Your bookkeeper keeps the books clean and current in Xero. Your virtual CFO uses that data to prepare management reports and forecasts. Your external accountant handles tax and compliance at year end. If you are already a Digit bookkeeping client, your virtual CFO works directly with your existing Digit team, no handover friction, no re-explaining your business.