Virtual finance teams
that free you to grow
We enable ambitious startups to scale, thrive and deliver on their purpose though the power of numbers
We believe that ambitious, disruptive startup businesses have the power to change the world
Our mission is help you maximise the impact your organisation has on its community, on society, and on the planet
We’re the full-stack virtual finance team for your business
We put your finances on rails and give you the insight and support you need to...
Increase your
growth velocity
Maximise your valuation
Achieve your
potential
“Working with Accelerate has been life-changing”
Anonymous
We help you...
Get an accurate real-time view of your finances
Understand the impact of your decisions on the business’s future cash position and valuation
Spend zero time and energy on financial admin
Avoid the cash and time drain of hiring an in-house finance team
Why Choose Us?
Pain relief
We understand the common pain points of start-up founders and we’ve come equipped to solve them
Start moving forward
from Day 1
we have systems and processes ready to roll out so you can give your finances some forward momentum straight away
Accountancy-as-a-Service
A subscription-based model giving you faster traction, more flexibility, lower cost, less hassle and zero commitment compared to recruiting, training and maintaining an in-house finance team
Full-stack finance function
Everything a startup needs on your journey from Seed to Series A
Industry-standard tech stack
We implement best-in-class ecosystem of apps and technology, build around Xero, to future proof your finance operations
Planned obsolescence
We prepare the ground for your first in-house CFO, and we want to make ourselves redundant by getting you to a stage where you can afford to hire one as early as possible
“For startups focused on growth, Accelerate is the logical alternative to recruiting, training and maintaining an in-house finance team"
Richard Sykes
Founder, Accelerate
Three levels of support
Manage the cash coming in and going out of your business, and prepare financial reports
Plan your year, produce a cashflow forecast, finance KPI dashboard and run quarterly finance meetings with your Board
Basics of transactional processing on rails, payroll, employee expenses and VAT returns
“Since starting work with Accelerate, we’re re-energised towards our goals & purpose, and we’ve got the insights and focus we need to stay on track”
Deana Murfitt
CEO, Breakfast People
Virtual Finance Manager
Four key deliverables
We build and maintain a best-in-class finance tech stack, giving you systems and processes built for scale
Invoices posted and bank accounts reconciled every week, so you see an up-to-date cash position and have more accurate data
Numbers finalised within 5 working days, increasing speed & agility in your decision-making process
Audit-proof & dataroom-ready books & reports
No re-working numbers or creating reports from scratch when investors or auditors require them
Virtual Financial Controller
Four key deliverables
Monthly board pack
An visually-rich financial report that’s ready to share with your investors and other stakeholders, designed to keep them informed, at-ease, and reduce the time spent dealing with ad-hoc requests and queries
Sales invoicing sorted
Customers billed promptly and payments chased up to boost your bank balance and extend your cash runway
Supplier payments without the hassle
Supplier invoices paid on time to manage your cash balance without damaging goodwill, and with super-easy approval workflow to save founders’ time
Cash monitoring
Get alerted when cash balance drops below a warning threshold, so you can take action before it reaches critical level
Virtual Finance Director
Four key deliverables
Annual 1-page plan
Document your business model and annual objectives on a single page document that identifies your key priorities and aligns your exec team on a singular direction of travel
Cashflow forecast
An integrated 4-way forecast (P&L, balance sheet, cashflow, valuation) that maps out a route for the next 12+ months, and allows you to see when & where your off-track as you move forward. Beautifully presented, ready for your next raise.
KPI dashboard
See your most important numbers in a visual dashboard that updates regularly. Bring in non-financial metrics so you can measure lead indicators as well as lag, and focus your energy on moving them in the right direction
Quarterly board meeting
A quarterly meeting bringing structure to your decision making process, and the accountability to ensure that you & your team’s ideas are implemented and agreed actions are completed.
“One of the most destructive things a team can do is to focus too much energy on administration and management tasks that don’t add value directly to customers or future acquirers”
Daniel Priestley
24assets
Pricing
Virtual CFO
starts from £2,000
per month
Virtual FC
starts from £1,500
per month
Virtual FM
starts from £750
per month
Services:
Xero account + tech stack
Weekly bookkeeping
Monthly payroll
Employee expense management
VAT returns
Management accounts
Sales ledger management
Purchase ledger management
Treasury and cash management
Annual 1-page plan
Cashflow forecast
Finance kpi dashboard
Quarterly board meeting
