Workforce Guardian
Workforce Guardian is a fast growing internet business that provides Australia’s leading online HR and employment relations subscription service for small and medium-sized businesses.
With its rapid acceleration in growth and broadening of strategic partnerships across Australia, the company needed the expertise of a Chief Financial Officer (CFO) to focus on the operational effectiveness of the business.
Adrienne Unkovich, Managing Director of Workforce Guardian comments: “We needed access to a skilled and experienced CFO, but, as a start-up business, it was hard to justify the resource cost to our bottom line. So while we recognised that we could reap huge benefits from an experienced, results-producing CFO, we had to find a more creative way to do it.”
So Workforce Guardian looked into the idea of outsourcing their CFO function to the team at Countplus mbt. By outsourcing the CFO function, Workforce Guardian could ensure accurate accounting, tax and secretarial services but also access expert financial expertise without the resource cost impacting their bottom line.
“It really is a win-win for us. Our CFO team at Countplus mbt has made a big difference to our business. It’s not merely the monthly accounts, their diligence and business sense has assisted with evaluating strategic business options for our growth.
“As an outsourced function, the cost is managed as a monthly operating expenditure and we’re not exposed to staff turnover or employment management costs which is a key consideration when you want to focus on business growth .”