CFO Services Group
CFO Services Group is a Washington, DC-based private financial services firm providing fractional CFO, bookkeeping, accounting, and payroll services to small businesses, nonprofits, law firms, government contractors, associations, and startups primarily in the DMV region and nationwide.
- Company typePrivate
- Founded2012
- HeadquartersWashington, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What CFO Services Group does
CFO Services Group is a privately held Washington, DC-based financial services firm founded in 2012 that delivers outsourced accounting, bookkeeping, payroll management, budgeting, and fractional CFO services to small businesses, nonprofits, law firms, government contractors, associations, and startups. The firm employs 11-50 staff and operates from 1200 G Street NW while serving clients across the DMV region (DC, Maryland, Northern Virginia) and nationwide. Its core commercial thesis is a fractional CFO model — delivering executive-level financial advisory on a part-time retainer basis as a cost-effective alternative to a full-time CFO hire costing roughly $100,000 annually.
The firm's product portfolio is structured around three bookkeeping tiers (Bookkeeping Support, Bookkeeping For Growth, Accounting Done For You), a three-tier payroll service, vertical-specialized accounting (including DCAA-compliant bookkeeping for government contractors and IOLTA trust accounting for law firms), and an e-learning platform offering both free and premium ($50/month) accounting courses. The technology stack is entirely third-party: QuickBooks Online (Elite Tier partner), Zoho Books (Authorized Partner), and Gusto (certified payroll partner). The firm does not own proprietary infrastructure, APIs, or software; its differentiators are vertical regulatory expertise, software-implementation know-how, and a recurring-engagement service model.
Revenue is generated predominantly through subscription and monthly/quarterly retainer contracts across bookkeeping and CFO advisory, supplemented by one-time professional services fees (QuickBooks setup, cleanup) and a small $50/month e-learning subscription stream. Go-to-market is sales-led, supported by a content-marketing blog authored by Manny Cosme, free 1-hour consultations scheduled via Calendly, and active social presence on LinkedIn, Facebook, X, Instagram, and YouTube. A 2025-2026 stack of certifications (NGLCC LGBTBE, DC DSLBD CBE, MBE) plus the GWHCC Hall of Fame award signals deliberate positioning around minority- and LGBTQ-owned business status to access government set-aside and corporate supplier-diversity procurement channels in the DC market.
CFO Services Group firmographics
Firmographics- Name
- CFO Services Group
- Legal name
- CFO Services Group
- Website
- https://cfoservicesgroup.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- CFO Services Group is a Washington, DC-based private financial services firm providing fractional CFO, bookkeeping, accounting, and payroll services to small businesses, nonprofits, law firms, government contractors, associations, and startups primarily in the DMV region and nationwide.
- Ownership category
- akta.pro rank
CFO Services Group industry classification
Industry- Product category
- Outsourced Accounting and Financial Advisory
- NAICS
- Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Management Consulting Services (54161)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Outsourced Finance & CFO Services (BPAHABAE)
- akta.pro secondary industries
- Accounting & Bookkeeping Services (BPAHABAC), Financial Planning & Analysis Support (Budgeting, Forecasting, Management Reporting) (BPAAAGAJ), Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF)
Keywords
Where CFO Services Group is headquartered
LocationHeadquarters
- HQ city
- Washington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
CFO Services Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- CFO Services Membership and Retainer Plans: Ongoing part-time CFO services providing fractional CFO capabilities including financial advisory, budgeting, forecasting, cash flow management, tax strategies, and business decision support on a retainer basis. Positioned as an alternative to hiring full-time CFO staff.
- Bookkeeping Support Services: Affordable outsourced bookkeeping support providing expert guidance, unlimited Q&A support, software solutions, quality control reviews, and access to online classes for small businesses and nonprofits.
- Full Accounting Services: Monthly or quarterly accounting services including bank reconciliation, income statements, general ledger management, balance sheets, payroll management, and tax planning. Provides comprehensive back-office accounting for small businesses.
- Part-Time CFO Services: Strategic financial advisory services including budget preparation, profitability analysis, cash management, long-range planning, insurance review, collection procedures, and M&A analysis.
- Payroll Services: Comprehensive payroll processing with three tiers: full-service payroll with check preparation, direct deposits, tax reporting; post-payroll services for manual processors; and online payroll processing for self-service. Additional services include workers comp audits, unemployment claims, W-2/1099 processing.
- QuickBooks Services: QuickBooks setup, training, and ongoing management including chart of accounts design, workflow optimization, and cleanup services for existing messy QuickBooks files.
- Bookkeeping for Growth: Active bookkeeping services including accounts receivable/payable, payroll, bank reconciliations, month-end close, sales tax, 1099 preparation, financial reporting, and inventory control with focus on Zoho Books specialization.
- Premium E-Learning Classes: $50/month subscription for access to premium accounting courses including Financial Strategy, Bookkeeping Basics, and 15-course bundles covering topics from revenue diversification to SBA loans.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Premium Accounting Classes Subscription |
| Freemium | Pay-as-you-go | Free Accounting Classes |
| Other | Pay-as-you-go | Free Consultation |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
CFO Services Group product offering
Product offeringCore offering
CFO Services Group provides outsourced accounting, bookkeeping, payroll processing, and fractional (part-time) CFO services to small businesses, nonprofits, law firms, government contractors, associations, and startups. Core service tiers include Bookkeeping Support (ongoing expert guidance and Q&A), Bookkeeping for Growth (full-service AR/AP, reconciliation, reporting), and CFO Services Membership/Retainer Plans (financial advisory, budgeting, cash flow management). The firm also delivers specialized industry accounting such as DCAA-compliant bookkeeping for government contractors and IOLTA trust accounting for law firms, supported by certified partnerships with QuickBooks Online, Zoho Books, and Gusto Payroll.
Product overview
CFO Services Group is a financial services firm offering a comprehensive suite of accounting, bookkeeping, and CFO advisory services primarily serving small businesses, nonprofits, law firms, government contractors, associations, and startups in the DMV region (DC, Maryland, Northern Virginia). The core offering includes three main service tiers: Bookkeeping Support (affordable ongoing support with expert guidance), Bookkeeping For Growth (full-service bookkeeping including AR/AP, payroll, reconciliation, and reporting), and CFO Services (part-time fractional CFO at a fraction of the cost). These core services are supported by specialized software integrations with QuickBooks Online, Zoho Books, and Gusto payroll, along with add-on modules for 1099 tax filing, cash flow management, budgeting and forecasting, non-profit startup services, and industry-specific accounting for law firms, government contractors, associations, and startups. The company also offers educational resources including free and premium online accounting classes and financial calculators.
Differentiator
Problem solved
Functional benefit
Products and services
- CFO Services (Fractional/Membership) Part-time CFO services delivering financial advisory, budget preparation, cash flow management, tax planning, and strategic guidance via ongoing retainer, designed as an affordable alternative to hiring a full-time CFO.
- Bookkeeping Support Affordable ongoing outsourced bookkeeping support providing expert guidance, unlimited Q&A, online class access, software solutions, and quarterly quality control reviews for small businesses and nonprofits.
- Bookkeeping For Growth Full-service active bookkeeping covering accounts receivable/payable, payroll, bank reconciliations, month-end close, sales tax, 1099 preparation, financial reporting, and inventory control for growing businesses.
- Payroll Services Comprehensive payroll processing with three tiers: full-service payroll with check preparation, direct deposits, and tax reporting; post-payroll services for manual processors; and online self-service payroll. Includes workers comp audits, unemployment claims, and W-2/1099 processing via Gusto.
- Accounting Done For You Full-service monthly or quarterly accounting including bank reconciliation, income statements, general ledger management, balance sheets, payroll management, and tax planning and preparation for small businesses.
- QuickBooks Services QuickBooks Online setup, training, and ongoing management including chart of accounts design, workflow optimization, staff training, and cleanup of existing messy files.
- 1099 Tax Filing
Quantifiable outcome
- Part-time CFO services provide all benefits of full-time CFO at fraction of near $100,000 annual cost
Companies that use CFO Services Group
Customer profileSegments6 records
Ideal customer profiles6 records
CFO Services Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature3 records
CFO Services Group partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- GustocoreCFO Services Group is a certified Gusto partner offering comprehensive payroll solutions using Gusto's innovative platform with accounting software integration. The partnership includes a Gusto Partner Badge on the company website indicating official partnership status.
- Zoho BookscoreCFO Services Group is a Zoho Authorized Partner providing expert implementation, integration, and ongoing management of Zoho Books systems. The company specializes in Zoho Books setup, customization, and integration with other business tools including CRM, inventory, and payment processors.
- QuickBooks OnlinecoreCFO Services Group holds Elite Tier partner status with QuickBooks Online, providing full-service QuickBooks setup, training, and ongoing management from initial implementation through daily operations management.
- Entrepreneurial Operating System (EOS)minorCFO Services Group displays the Entrepreneurial Operating System (EOS) badge, indicating alignment with or implementation support for EOS business management methodology.
Scale indicators1 record
Recent moves6 records
Expansion highlights6 records
CFO Services Group competitors and assessment
Company assessmentDirect peers
- inDinero: inDinero offers outsourced accounting, bookkeeping, tax, and fractional CFO services to startups, SMBs, and mid-market companies. Direct overlap on subscription bookkeeping, fractional CFO, and startup/SMB segments.
- Bench: Bench offers monthly bookkeeping paired with in-house accountants for small businesses and startups. Directly comparable on recurring bookkeeping and SMB targeting; differs via proprietary platform.
- Acuity CFO: Acuity offers fractional CFO and financial leadership services to small and mid-sized businesses. Highly comparable on fractional CFO retainer model; similar services-over-product positioning.
- Botkeeper: Botkeeper provides automated bookkeeping augmented by accountants, serving SMBs and accounting firms. Directly comparable on bookkeeping subscription model and SMB customer segment, with stronger automation/AI angle.
- Pilot: Pilot provides outsourced bookkeeping, tax, and fractional CFO services primarily to startups and SMBs via a tech-enabled model. Directly comparable to CFO Services Group on fractional CFO and bookkeeping for small businesses, though Pilot leans more heavily on proprietary software.
- CFO Hub: CFO Hub provides fractional CFO consulting and outsourced financial services for small and mid-market companies. Comparable fractional CFO, bookkeeping, and advisory offerings for similar SMB and nonprofit clientele.
Broad incumbents
- BDO USA: BDO is a top-tier global accounting and advisory firm offering bookkeeping, tax, and CFO advisory services to a wide range of company sizes. Overlaps with CFO Services Group's full-service accounting and CFO advisory but serves much larger clients and broader industries.
- CliftonLarsonAllen (CLA): CLA is a top-10 U.S. accounting and advisory firm serving small and mid-market private businesses, government contractors, nonprofits, and associations. Strongly comparable verticals (gov contractors, nonprofits, associations) but operates at substantially larger scale.
- Cherry Bekaert: Cherry Bekaert is a mid-market CPA and advisory firm providing accounting, tax, and CFO advisory including government contractor and nonprofit specialties. Comparable on vertical expertise (gov contractor accounting) but at much larger scale and broader portfolio.
Emerging players
- Paro: Paro is a marketplace that matches businesses with fractional finance and accounting professionals (CFOs, controllers, bookkeepers). Comparable on fractional-CFO/finance talent delivery; differs via marketplace model rather than in-house delivery.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
CFO Services Group social profiles
Digital presenceCFO Services Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
CFO Services Group leadership team
Management profileNumber of profiles
Profiles1 record
CFO Services Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CFO Services Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CFO Services Group
What does CFO Services Group do?
CFO Services Group provides outsourced accounting, bookkeeping, payroll processing, and fractional (part-time) CFO services to small businesses, nonprofits, law firms, government contractors, associations, and startups. Core service tiers include Bookkeeping Support (ongoing expert guidance and Q&A), Bookkeeping for Growth (full-service AR/AP, reconciliation, reporting), and CFO Services Membership/Retainer Plans (financial advisory, budgeting, cash flow management). The firm also delivers specialized industry accounting such as DCAA-compliant bookkeeping for government contractors and IOLTA trust accounting for law firms, supported by certified partnerships with QuickBooks Online, Zoho Books, and Gusto Payroll.
Is CFO Services Group a public or private company?
CFO Services Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CFO Services Group founded?
CFO Services Group was founded in 2012. It employs 11 to 50 people.
Where is CFO Services Group based?
CFO Services Group is headquartered in Washington, United States, in the North America region.
How does CFO Services Group make money?
Eight revenue lines are on record. CFO Services Membership and Retainer Plans are the primary driver. The others are bookkeeping Support Services, full Accounting Services, part-Time CFO Services, payroll Services, quickBooks Services, bookkeeping for Growth and premium E-Learning Classes.
Who are CFO Services Group's main competitors?
Direct peers on record are inDinero, Bench, Acuity CFO, Botkeeper, Pilot and CFO Hub. Broad incumbents are BDO USA, CliftonLarsonAllen (CLA) and Cherry Bekaert. Paro is listed as an emerging player.
Does CFO Services Group have an API?
No public API is recorded for CFO Services Group.
What industry is CFO Services Group in?
CFO Services Group's product category is Outsourced Accounting and Financial Advisory. Its primary akta.pro industry code is BPAHABAE, Outsourced Finance & CFO Services, with a secondary code of BPAHABAC, Accounting & Bookkeeping Services. Its NAICS code is 54121 and its SIC code is 8742.