Fractional CFO services

Financial strategy, at every stage of the company.

Isédo Finance acts as the company’s CFO, without a full-time hire. Three situations: preparing the sale of a business with €3–10m in revenue, structuring its growth, steering a startup between two funding rounds.

Book a call Your situation

30-minute first call · Written proposal within 48 hours

Who we serve

Three situations, three kinds of leaders

We step in as the company’s finance function, with a goal agreed from day one.

Owner-managers · €3–10m revenue

Getting the business ready for sale

Sell at the right price, at the right time, with no surprises during due diligence.

What the buyer will look at
  • Adjusted EBITDA: one-off items, owner’s pay, related-party transactions
  • Normalised working capital and net debt, which drive the price paid
  • Reliance on the owner and on key customers
  • Quality of the accounts, contracts and processes

Both sides of the table. We know these deals from the buyer’s side and the seller’s side.

Leaders of growing SMEs

Structuring growth

Grow without losing control of margins and cash.

  • True margins by offer, by customer and by site
  • Working capital and cash tracked monthly, 12-month cash plan
  • Bank and Bpifrance financing negotiated directly
  • Annual budget, monthly reporting on a fixed date
  • Processes, tools and finance team sized for the next stage

For leaders whose accountant keeps the books, but who have no one to show them where the business is heading.

Startup founders

Steering between two rounds

Control the runway and reach the next round with numbers no one can challenge.

  • Runway and cash plan updated every month
  • Business plan and fundraising materials
  • Investor reporting and board preparation
  • Non-dilutive funding: Bpifrance, bank loans, R&D and innovation tax credits
  • Month-end closes, statutory audit, subsidiaries

Finance functions built from the inside, from the first round to profitability.

Method

Two phases, always in the same order

Every engagement follows the same sequence, client after client: that is how we deliver quickly without improvising. The scope is tailored to your company and the fee is set in the written proposal, after the first call.

The first three months

Set-up

Put everything on a sound footing, once and for all.

  • Review of your finance function, processes and tools
  • Accounting history taken over, checked and cleaned
  • Analytical view: true margins by offer and by customer
  • 12-month cash plan and annual budget
  • Costed, prioritised roadmap
In the portalYour history loaded and checked, configured to your chart of accounts and business lines.

Billed once, at the start. It is the heaviest piece of work, and everything else depends on it.

Then, every month

Ongoing CFO role

Your numbers kept in order, your decisions prepared.

  • Monthly reporting on a fixed date, portal updated at every close
  • Annual budget, reforecasts and variance tracking
  • Cash, bank financing, grants and banking relationships
  • Margins, pricing policy and decision analysis
  • Monthly finance committee and board preparation
  • Your accountant managed, closes delivered on time
In the portalP&L, balance sheet and cash at every close, budget vs actual, full-year forecast, board reporting.

Fixed monthly fee, no minimum term, short notice period.

One-off assignments. Acquisitions or disposals, fundraising, hiring finance staff, overhauling finance systems. On their own or alongside the ongoing engagement.

Before you sign. A written proposal sets out the scope, deliverables, deadlines, set-up fee and monthly fee.

Client portal

Your numbers, always up to date

The Isédo portal is built from your accounting records and updated at every close. It brings together your CFO’s analyses and lets you track the business on your own.

Preview on a demo client. Sample data, in €k.

  • Revenue and margins

    By offer, by customer and by month, compared with the previous year.

  • Profitability

    P&L and EBITDA against budget, full-year forecast.

  • Cash

    Position, flows, 12-month projection, loan repayment schedules.

  • Reporting

    Monthly reporting and board materials produced from the same numbers.

Named access, limited to your own data.
Go to my portal →

Team

Two CFOs

Engagements are led by Antoine or Candice, depending on what the work requires.

Antoine Dogoui
Antoine Dogoui
Founder
LinkedIn ↗

Ten years in corporate finance and financial advisory. Five years at Edmond de Rothschild, Tikehau Capital and KPMG, on more than twenty M&A and due diligence deals.

Built and led the finance functions of Wecandoo, an international B2C marketplace, then of Sora, which he took to profitability. Master in Finance, ESCP Business School.

Candice Gicqueau
Candice Gicqueau
CFO
LinkedIn ↗

Ten years in corporate finance, management control and audit, in regulated environments. Financial audit at EY, then three years at iBanFirst, from financial analyst to Finance Manager.

CFO of Fintecture, a B2B payments company, from 2021 to 2026. Two master’s degrees from Paris-Dauphine PSL, in management control and in audit and reporting.

10 years
of experience each in corporate finance and advisory
25
engagements in companies with €1–200m in revenue
5
sector families
  • Industry & manufacturingRoller shutters, industrial doors, street furniture, ski lifts, lighting, printing, orthopaedics
  • Tech & marketplacesIT services, artisan marketplace, B2B and cross-border payment fintechs
  • Construction & real estateRoad works, finishing trades, office real estate, office operator
  • Education & servicesCoding school, hairdressing schools, higher education, financial advisory
  • Food, energy & retailFood supplements, egg production, firewood, FMCG, furniture distribution
FAQ

Before a first call

When do I need a CFO?
As soon as decisions go beyond bookkeeping: financing to raise, margins you are unsure of, investor reporting to produce.
How is this different from my accountant?
Your accountant records the past and ensures compliance. A CFO prepares decisions: cash, margins, budget, financing. We manage your accountant, we do not replace them.
How long before a sale should I start?
Ideally 12 to 24 months. A buyer looks at at least two full financial years: you need time to put the accounts in order, document the EBITDA adjustments and show an organisation that runs without the owner. Six months before a sale, the work is still worth doing: it then focuses on the data room and on anticipating due diligence questions.
How is this different from an M&A adviser?
An investment bank or M&A adviser runs the sale: finding buyers, negotiating, managing the process. We prepare the company beforehand and run the finance function through to signing. The two roles complement each other, and we work with the adviser you choose.
Who will work on my engagement?
Antoine or Candice, depending on what the work requires. The written proposal states who is involved and on which topics. You meet that person before signing.
What does it cost?
Two lines. A set-up fee, billed once at the start, covering the review, the takeover of your accounting history and the portal configuration. Then a fixed monthly fee, around a third of the cost of a hire. A salaried CFO on €100k gross costs about €160k in cash out per year.
How do we work day to day?
No pointless meetings. Deliverables arrive on fixed dates, your questions are answered within the day, and the monthly committee is there to decide, not to catch up.
Our tools are old. Is that a problem?
That is the case for most SMEs, and it is exactly where we add value. We start from your accounts as they are, make them reliable, and the portal presents your numbers without you having to change software or retrain your teams.
Is my data secure?
We work in your tools, with access limited to what is needed. The portal gives named access to your data only. A confidentiality agreement can be signed before any documents are exchanged.

A 30-minute first call

Where you stand, what is holding you back, what would make the biggest difference. You then receive a written, costed proposal.

Book a call Send an email

Anywhere in France, in French or English. On site when it matters, remote for day-to-day work.