The Difference CFO-level Consulting Can Make
As your production company grows, there comes a time when basic accounting services just aren’t enough. You might start noticing that your bookkeeper, though essential, isn’t equipped to guide you through the complex financial decisions that come with scaling your business.
Most traditional accountants, unless they’re part of specialized firms like SYZYGY, may not have the resources to help you navigate this critical phase. So, how do you know when it’s time to bring in a CFO-level consultant? The truth is, sometimes you need a financial expert to recognize that moment for you. While your bookkeeper manages the day-to-day finances, a CFO-level consultant offers the strategic insight you need to confidently steer your company’s growth.
We recently saw this play out with one of our clients, an award-winning creative studio that’s been thriving for over a decade. Despite their success across multiple revenue streams—live-action production, post-production, and design—they realized they were missing a crucial piece: long-term financial strategy. They knew they were profitable but lacked the insight to translate that into sustainable growth. By partnering with SYZYGY, they didn’t just get accurate financial reports—they gained a forward-looking strategy that allowed them to scale their business to new artistic heights, with a financial team that could keep pace with their expansion.
In our industry, it’s not unusual for CFOs to operate as a one-person accounting department, but the sheer volume of production transactions can overwhelm even the most skilled professionals. As your company takes on more projects, the workload on your financial team increases, making it harder to keep everything in check. This is when errors like double payments or missed invoices can creep in, and where the absence of coverage—whether due to illness or vacation—can lead to significant disruptions. By bringing an outsourced accounting team led by a CFO, you not only safeguard your operations against these risks but also ensure that your financial processes are scalable. This extra layer of expertise helps distribute the workload, provides essential coverage, and allows your production company to grow without the chaos that often accompanies rapid expansion. When you partner with Syzygy, your accounting is set up to grow with your business—no constant reworking necessary.
Beyond just crunching numbers, a CFO-level consultant offers a fresh perspective—someone who understands the nuances of your business and can act as a sounding board for your ideas and concerns. With their deep understanding of your company, they provide the data-driven confidence you need to know you’re on the right path, just as they did for our client. This seamless collaboration between the CFO and the accounting team ensures accurate, timely data for reporting and informed decision-making, giving you peace of mind that with SYZYGY’s support, your company is poised to scale smoothly, maintain operational continuity, and achieve lasting success.