Why NSS?

  • Hiring a full-time CFO is costly. Engaging NSS saves companies the time and cost of executive recruiting, not to mention the up-front cash-flow burden of a salary. Hiring a fulltime CFO prematurely can cost a company upwards of $500,000 a year.
  • CFO turnover is up 36 percent from two (2) years ago, according to a KPMG Study from April, 2009. The average tenure is 20 months. The cost for two CFOs within 24 months is upwards of $800K, not including the disruption and transition time for the new executive. Engaging NSS helps companies avoid the pitfall of losing a vital team member during a crucial early stage. NSS consultants work as a team and provide continuity and seamless transitions.
  • By outsourcing your CFO funtion to NSS, you greatly reduce your risk: No overhead costs – no benefits – no equity – no hiring fees – no severance packages – no bonuses. NSS takes on all of that risk.
  • Your controller provides you with accounting data reports, or what we call the financial tail lights. Our strategic CFO works closely not only with your controller but also with the CEO in forward-looking, sustainable growth strategies. Through in-depth financial modeling, we’ll translate your strategies into robust yet realistic projections. In other words, we provide you with the financial headlights: strategic leadership that complements and elevates the tactical, day-to-day, compliance-based work of the controller.