Will Cordes

What do they pay you per month for your services on average?

yeah so average acv uh it's about 30k annually um you know price point on average is about 2500 a month and uh again we have we have great great net retention people stick around what's great for you uh 100 plus uh right on average i mean again we don't have a ton of data we've only been in business for a year and a half so you know knock on wood uh hopefully that uh that sticks around there but

Yeah, I mean, I think for us, the reason being the traditional outsource finance space is broken.

You're talking about consultants who are old school, a lot of them with mixed financial experience within SaaS.

And there's perverse incentives.

There's no benefit for them to go and build automation and structure.

That's work they're taking off their plate in future periods.

So our model is more long-term focused.

We do minimum six to 12-month deals.

And we try to work at a much more reasonable price point.

An average outsource CFO or consultant will charge

$5,000 to $15,000 a month for this type of work.

We're half the cost.

And even if you go and hire a full-time CFO or VP of finance, we scale with your business.

So that's happened in five of our engagements.

We've stayed on every time because we've become more of a fractional FP&A financial analysis resource, and we're a third or a fourth of the cost of a full-time finance head to support your business on the financial side.

Is there software behind this, or is it consulting?

Yes, it's a great question.

So it started off as more consulting, more of a managed service retainer format.

We started building our platform back in April, and now we've got an engineering team of four and are actually in kind of a fundraising process ourselves, kind of reviewing term sheets.