Cloud Based Accounting & Bookkeeping | CFO -

simplified.

Hands-on expertise paired with technology to provide SMEs with a comprehensive accounting function.

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Cloud Based Accounting & Bookkeeping | CFO

With healthy finances, you’ll operate more efficiently and gain confidence to make decisions – what a relief!

Thanks to the optimal pairing of an accounting team and cloud-based technologies, our Cloud Based Accounting | CFO solution allows you to:

Accelerate your business with insightful, accurate and timely reporting

Enjoy the strategic advantage of real-time financial data

Have a dedicated team of experts supporting your business’ accounting needs

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What's included

We have three levels of ongoing embedded Cloud Based Accounting with CFO support always an option. Billed monthly at a fixed, stable fee. No long-term commitment is required. Discounts are available for annual payments.

Get Started to learn more!

Basic

Annual support to lighten the load

  • Financial Statements (annual)
  • Accounts Receivable (annual)
  • Reconciliations (annual)
  • Year-End Close (annual)

 

&

  • Payroll (optional add-on)
  • CFO (optional add-on)

Upon your request, we can handle any out-of-scope work at an additional hourly rate.

Standard

Quarterly maintenance for common accounting needs

  • Financial Statements (quarterly)
  • Accounts Receivable (quarterly)
  • Accounts Payable (monthly)
  • Reconciliations (quarterly)
  • Year-End Close (annual)
  • Sales Tax (quarterly)

 

&

  • Payroll (optional add-on)
  • CFO (optional add-on)

Upon your request, we can handle any out-of-scope work at an additional hourly rate.

Complete

Monthly upkeep to cover all regular ongoing accounting

  • Financial Statements (monthly)
  • Accounts Payable (bi-weekly)
  • Accounts Receivable (monthly)
  • Reconciliations (monthly)
  • Year-End Close (annual)
  • Sales Tax (monthly)
  • Inventory (monthly

 

&

  • Payroll (optional add-on)
  • CFO (optional add-on)

Upon your request, we can handle any out-of-scope work at an additional hourly rate.

Customized Projects

Have a specialized need? Want something a bit different? No problem. Custom projects can be done as requested at an hourly rate or as a separate one-time initiative.
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How it works

A discovery call will be set up and together we will find the finance solution that best meets your needs. After we will share a quote for your review.
You meet your CBA Team Lead and supervising CFO, begin onboarding, and any transition from paper-based accounting to digital begins.
Your dedicated CBA team gets rolling! CFOs can also be tapped into to help make better business decisions, manage risks and improve financial performance.
If something comes up that is out of scope, at your request, we will be there to help get you through it.

Compare

Experts to administer your accounting

Data-driven senior level guidance

Fin-tech access and data collection

Seamlessly scales with your business

Easy to opt-out, with no interruptions to processes

Experts on standby for the unexpected

Variable pricing to fit smaller business budgets

BSG

In-House

Technology Alone

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Cloud Based Accounting & Bookkeeping | CFO

The Difference.

Combining the expertise of our accounting team with leading technologies provides a complete accounting solution at a fraction of the price of a full-time employee.
A dedicated team is focused on your organization’s accounting needs. This team approach provides the continuity and flexibility necessary to optimize an accounting function.
No more delays at the transactional level means you have accurate, real-time financial information to make informed business decisions.​​ Playing catch-up is a thing of the past!
​​​Utilizing leading technologies enables seamless cloud-based accounting from anywhere (and no more paper!).

Book a Discovery Call

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“Working with Business Sherpa Group’s Bookkeeping team has helped our organization run more efficiently. We were able to transition to more modern accounting processes thanks to their expertise and assistance.”

Paul Gardner, Co-Founder

Fieldless Farms

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“…Signing the contract with BSG for finance controller support has been the best decision I have made as Executive Director for our organization.”

Adriana Kusugak, Executive Director

Ilitaqsiniq – Nunavut Literacy Council

Frequently Asked Questions About Cloud Based Accounting & Bookkeeping | CFO

Cloud based accounting uses secure online software to manage financial information, transactions, reporting and other accounting processes. It gives businesses access to current financial data from virtually anywhere while reducing reliance on paper records and locally installed software.

Depending on the service level selected, support may include financial statements, accounts payable, accounts receivable, reconciliations, year-end close, sales tax filings and inventory management. Payroll support can also be added based on your needs.

Cloud based bookkeeping can provide more accurate and timely financial information, improve efficiency and make it easier to understand your company’s financial position. It can also reduce administrative demands on your internal team and give you greater confidence when making business decisions.

Cloud Based Accounting focuses on maintaining accurate financial records and managing regular accounting activities, including transactions, reconciliations, accounts payable and accounts receivable.

CFO support is a separate service that provides strategic financial leadership related to budgeting, forecasting, cash flow, performance, risk and business planning. Businesses can engage Business Sherpa Group for Cloud Based Accounting, CFO support or both, depending on their needs.

Yes. Business Sherpa Group’s CFO and Cloud Based Accounting practices are distinct. You can engage a CFO independently, even if your bookkeeping and accounting are managed internally or by another provider. CFO support can also be combined with Cloud Based Accounting when a business requires both operational accounting assistance and strategic financial leadership.

CFO support may be valuable if your business is growing, facing cash flow challenges, preparing for a major decision or looking for deeper financial insight. It gives you access to experienced financial leadership without requiring you to hire a full-time CFO.

Yes. Business Sherpa Group can provide an embedded accounting team to manage your regular accounting needs. The level of support can be tailored to your business, from annual assistance to complete monthly accounting If your business also requires strategic financial guidance, CFO support can be engaged as a separate service.

Yes. Cloud based accounting is particularly well suited to small and medium-sized businesses that need reliable financial expertise but may not require or have the budget for a full internal accounting department. Services can scale as the business grows and its needs become more complex.

Yes. Cloud Based Accounting and CFO services can each be customized to reflect your business’s needs. Accounting support may be ongoing, temporary or project based, while CFO engagements may include financial reporting, KPI development, budgeting, forecasting, scenario planning, strategic planning, decision support and financial mentoring.

Yes. As part of Cloud Based Accounting onboarding, the team can support your transition from paper-based accounting processes to cloud based systems. This can improve accessibility, organization, collaboration and the timely collection of financial data.

No long-term commitment is required for Business Sherpa Group’s ongoing Cloud Based Accounting services. This gives your business the flexibility to adjust its support as its needs change. CFO engagement terms may vary based on the scope and nature of the support required.

Cloud Based Accounting - CFOs simplified.

At BSG, our CFOs help your finance function thrive, whether that means supporting your existing team or leading it. They alleviate stress and empower better business decisions. 

Our CFO’s are the senior finance professionals on our Cloud Based Accounting team. If you require the complimentary support of Controllers and/or Cloud Accountants, the full team is there as needed.  

A Chief Financial Officer’s (CFO) role includes providing critical financial insights and analysis that drive strategic decision-making. CFOs are pivotal in shaping a company’s financial health and long-term success. They build and maintain strategic relationships with investors, financial institutions, auditors, and regulatory bodies, ensuring the organization is well-positioned in the marketplace.

CFOs are also responsible for overseeing and managing key business areas such as strategic planning, risk management, capital allocation, and the execution of financial strategies. Additionally, they play a crucial role in optimizing operational efficiencies, managing mergers and acquisitions, and ensuring compliance with financial regulations. Their leadership in budgeting, forecasting, and financial reporting ensures that the organization remains agile and responsive to changing business realities. 

  • Financial Assessment, Strategy and Planning
  • Valuation and Fundraising Strategy 
  • Financial Controls and Reporting
  • Budgeting and Resource Allocation
  • Risk Management 
  • Ethical, Legal and Compliance Support 
  • Scaling and Growth Strategies
  • Treasury
  • And many more!

Discover how our expert CFOs can make a difference for you today!