Raise more money by leveraging our team to help you pick the right partner who aligns with your vision and negotiate terms. We know what you need to succeed and prepare for any challenges or opportunities that arise. Trust Propeller to help you break down blockchain’s complex financial and regulatory framework and ensure you’re compliant with industry-specific rules and regulations. We will not discriminate against you if you exercise any of the above rights. However, as explained, some or all of our services necessarily require us to process your personal information, and share your personal information with certain third parties in connection with providing the services.
- Our benefits and perks are designed to support the physical, mental, and financial health of our team members (and their families).
- The SaaS CFO is tasked with managing every aspect of this process, including developing, implementing, and monitoring KPIs over the lifecycle of the business.
- Pricing strategies are complex in the SaaS model, but one of the skills of a specialized SaaS CFO is to provide very specific support for creating, setting, monitoring, and adjusting pricing as needed.
- As a fast-growing venture-stage business, you need an agile partner who can support your evolving needs.
- Our foundation of accounting for startups provides you with visibility into your cash flow, expense management, and more so you can better manage your finances.
- Propeller’s expert teams and specialized reporting help you scale operations, launch protocols, manage portfolios, raise capital, and increase revenue.
Industry Insights
Our seasoned fractional CFOs have decades of experience in a wide range of industries, ideally equipped to take your Boston-based business to the next level. Our seasoned fractional CFOs have decades of experience in a wide range of industries, ideally equipped to take your Austin-based business to the next level. Propeller has helped top growth-stage companies reach the next level—providing trusted infrastructure, experienced services, and peerless consulting from a seasoned A-team of CFOs and finance professionals. They provide diversified strategies designed to propel companies forward, often working alongside leadership to achieve those goals. With facts and figures and authenticity in what https://www.bookstime.com/ they offer and do, the CFO is one of the most trusted professionals in the company in the eyes of shareholders. For these critical moments in your business, you need the best partners to negotiate the right deals and run an efficient process.
Building Strategic Upsell Paths for SaaS Growth
Anthony also served as the CFO and COO at Parade, where he led Finance and Operations, oversaw a roll-out nationwide at Target, and managed the exit and sale of the business to AAI. Before that, he had 15 years of experience in consulting and private equity with firms such as Deloitte, Alvarez & Marsal, and Cerberus Capital in the UK, U.S., and Australia. What can they offer as insights into what your company has to offer or which growth projection you should be focusing on? Have a frank, open conversation about the optimal strategies and execution plans they can bring to the table. At this level, a company is looking for new opportunities, refined financial management, and skills but may not have the luxury of investing in a full-time, in-house professional. They provide services tailored to the company’s needs for a fraction of the cost.
Ready to maximize your CPG success? Contact Propeller today.
- That’s why you need a team of finance professionals who have led multiple startups through their growth stages to the next level of success.
- That includes monthly recurring revenue (MRR), annual recurring revenue (ARR), and churn rate.
- Propeller can provide data-driven forecasting and spending guidance, position your team for fundraising and M&A, consult on pitch decks and board meetings, and more.
- Propeller Industries is an enterprise-grade financial partner that empowers the most ambitious companies to reach their full potential.
Propeller Industries is an enterprise-grade financial partner that empowers the most ambitious companies to reach their full potential.. We offer a broad range of services ranging from CFO-level strategic planning to day-to-day transaction processing through our team of fractional CFOs and accountants. We have served over 1,000 clients – including 16 unicorns – across a diverse portfolio of industries including ecommerce, technology, food & beverage, manufacturing, business services and healthcare. At Propeller Industries, we’ve spent nearly 15 years connecting early stage companies with the virtual accountants they need to accelerate their growth. So whether you need a single startup accountant or an established team, we’ll ensure your support is curated for your growth targets, business model, and industry.
Propeller Industries
We dig into the details of your operations to pinpoint ways to increase margins, boost revenue, raise capital on favorable terms, and implement financial controls to enable rapid growth. Our collaborative approach means we work as trusted advisors, not just consultants. Ted Zeigler serves as Senior Vice President of Sales at Propeller Industries, where he serves on the senior leadership team and leads sales, and business development initiatives. As service providers ourselves, we not only relate to the challenges you face but also have the financial skills and solutions to help companies like yours. We offer finance, accounting, and fundraising support to an array of services businesses including marketing, insurance, travel, nonprofits, and more. Our team has expertise with multiple-entity accounting and consolidation, pricing strategies, and debt financing, helping you manage cash flow, maintain profitability, and find long-term success.
Our fractional model offers a dynamic workforce solution that provides a cost-effective alternative to hiring full-time talent too early. Propeller Industries is an enterprise-grade financial partner that empowers the most ambitious companies to reach their full potential. Most recently, Jessie served as EVP, Chief Strategy Officer – Head of Corporate Development at Carrick Group, an asset manager backed start-up insurer.
- A spirit that drives us to embrace challenges, learn from our experiences, and adapt swiftly in dynamic environments.
- Avoid mistakes and accelerate growth with our pattern recognition experts.
- Data security and confidentiality are always potential concerns when filling a role with someone out of house.
- Propeller Industries is not licensed by the state of California and the accounting services being offered do not require a state license.
- Ted earned his BA in Political Science from UCLA and is fluent in Spanish, further enhancing his ability to build strong relationships across diverse business environments.
- Propeller Industries serves clients who have outgrown bookkeeping by providing specialized fractional CFO services and teams that replace traditional full-time finance and accounting roles.
- Another core component of the work SaaS certified financial officers bring to the table is financial management strategies and goals.
- We build and maintain your financial roadmap through budgeting and forecasting, giving you the critical tools you need to succeed.
- These three metrics provide clear insight into what the company’s financial metrics will ultimately reflect over time.
- He has held senior management and advisory roles across a number of industries, with a specific focus on direct-to-consumer (DTC) businesses.
- We offer finance, accounting, and fundraising support to an array of services businesses including marketing, insurance, travel, nonprofits, and more.
- Consider us an extension of your executive team – bringing fresh eyes to identify growth opportunities while architecting the accounting infrastructure to support expansion.
At Propeller Industries, our Austin fractional CFOs bring an entrepreneurial spirit cultivated from years of experience helping build, finance, and sell companies across industries. Hiring a fractional CFO can help you grow your ecommerce business and set yourself up for long-term financial success. By opting for a fractional CFO over a traditional full-time CFO, you can gain expert financial and strategic insights without breaking the bank. The professionals at Propeller Industries are here to provide your ecommerce business with the financial modeling and guidance it needs for substantial growth and serious financial gains.
The Hidden Costs of Trade Spend: What Small Businesses Need To Know
Propeller’s Transaction Services Team has decades of Investment Banking, Investor Relations and Principal Investing experience with growth companies. We’re there at the start to understand your goals, introduce partners that share your vision, and negotiate valuation propeller industries and deal terms. A carefully orchestrated, highly competitive process will help increase valuation multiples and drive better terms.
Yet, not every opportunity is a good one that aligns with the organization’s long-term expected growth or financial needs. The CFO’s job is to crunch the numbers, evaluate the opportunities, and make key decisions that help support the organization and the owners of it. With evaluation and strategizing for M&As, balance sheet these professionals are capable of helping SaaS make solid decisions.
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