Fractional CFO · Enterprise SaaS & Recurring Revenue

CFO leadership for
enterprise SaaS.

SaaS companies reach a point where they need finance that speaks ARR, retention, and runway — more than a bookkeeper or controller, but not yet a full-time CFO. That's where a fractional engagement adds meaningful value.

The gap
Your SaaS business has outgrown basic bookkeeping — but a full-time CFO isn't the right next step yet.
The solution
A structured fractional CFO engagement — senior financial leadership without the full-time overhead.
The difference
Built around SaaS metrics from day one — ARR, NRR, CAC payback, Rule of 40, and burn — with a diagnostic before any ongoing commitment.

You've grown past the basics.
The finance function hasn't kept pace.

01
Your books are managed, but not investor-ready
Bookkeeping keeps the records. It doesn't produce an ARR walk, track net revenue retention, or tell you your burn multiple — the numbers your board and investors actually ask for.
02
Scaling and raising without senior finance support
Hiring, pricing, burn, and the next raise carry real financial consequences. These decisions benefit from forward-looking analysis — unit economics, runway, and scenario planning — that a finance function focused on bookkeeping is not set up to provide.
03
A full-time CFO is a significant commitment
A full-time CFO is a significant operational and financial commitment — one that makes sense when the business is ready for it. For most growth-stage businesses, the question isn't whether they need CFO-level thinking. It's whether the timing is right for a full-time hire.
"The right time to bring in senior financial leadership is when the cost of not having it exceeds the cost of having it."
For most founder-led businesses, that moment arrives well before they realise it. A fractional engagement makes the decision straightforward — structured, scoped, and priced around the business, not around a full-time salary.

How an engagement works

A structured process from first conversation to ongoing partnership — with a clear assessment before any ongoing commitment.

1
Connect
A 30–45 minute conversation to understand your business, your priorities, and whether a CFO engagement would add meaningful value.
2
Assess
A structured Financial Health Diagnostic — covering reporting, cash flow, and strategic priorities — with a clear findings report and 90-day roadmap delivered at the end.
3
Agree
A tailored proposal is presented covering scope, cadence, and investment. Once agreed, the engagement is confirmed and we are ready to begin.
4
Begin
A structured kickoff establishes scope, cadence, and system access. A 30-day integration period stabilises reporting and builds the CFO dashboard.
5
Partner
Ongoing fractional CFO support — financial reviews, forecasting, board reporting, strategic advisory, and special projects as required.

Areas of focus

Built for enterprise SaaS — from first institutional reporting through fundraise and scale. Each engagement is scoped to your stage and existing finance infrastructure. The same discipline also applies to recurring-revenue service businesses with contract-based models.

01
SaaS Financial Diagnostic
A structured assessment of financial reporting, cash flow and runway, profitability and unit economics, controls, and strategic planning — with a clear findings report and 90-day roadmap delivered at the end.
ARR, retention & unit-economics review
Revenue recognition advisory (ASC 606 / IFRS 15)
Reporting & controls infrastructure review
02
Monthly SaaS CFO Support
ARR reporting, burn and runway forecasting, SaaS KPI dashboards, and investor-ready board packs on an ongoing retainer basis.
ARR walks, NRR/GRR & Rule of 40 reporting
Board & investor reporting
Burn, runway & cash discipline
03
Fundraise & Strategic Advisory
Raise readiness, scenario and burn modelling, cap table support, and financial decision support for scaling SaaS businesses.
Raise readiness & investor diligence support
ARR forecasting & scenario modelling
Cap table & capital structure support
04
Recurring-Revenue Service Businesses
Beyond SaaS, the same recurring-revenue discipline applies to contract-based service businesses — monitoring, maintenance, and managed-service models.
Recurring-revenue & contract economics
Service-business margin & cash analysis
Board & lender-ready reporting

The Financial Health Diagnostic

Before any ongoing commitment, every engagement begins with a structured diagnostic — a clear advisory assessment of where the business stands across reporting, cash flow and runway, profitability and unit economics, controls, and strategic planning.

Pillar 1Financial Infrastructure
Pillar 2Reporting & Insights
Pillar 3Cash, Burn & Runway
Pillar 4Unit Economics & Profitability
Pillar 5Strategic Alignment & Risk
What you receive at the end of the diagnostic
A Financial Health Report and 90-Day Roadmap — a clear, prioritised picture of where things stand and what needs to happen first.
A score across all five pillars
Priority findings with implications and recommendations
A 90-day roadmap of immediate actions
A proposal for the ongoing CFO engagement
Start with the diagnostic
Neil Scicluna
CPA, CA · Fractional CFO Partner
RBCx
APi Group
KPMG
Emerson Electric

My finance career has spanned RBCx (Royal Bank's technology and innovation platform), APi Group, Emerson Electric, and KPMG. At RBCx I saw across many SaaS and technology companies — how they report, raise, and scale — alongside operating finance leadership in complex recurring-revenue and industrial businesses. That combination shapes how I work with SaaS clients today.

In my experience, the finance function tends to lag behind a rapidly scaling SaaS business. ARR grows, the team grows, and investors expect more — and the reporting that worked at an earlier stage stops being sufficient well before a full-time CFO makes sense. That gap is where most of the risk lives, and where a fractional CFO adds the most value.

I founded Scicluna CFO Partner to address that gap, with a focus on enterprise SaaS and recurring-revenue service businesses that need senior financial leadership structured around their stage.

CPA, CA Enterprise SaaS Recurring-revenue service businesses Greater Toronto Area

Let's connect

If you're scaling a SaaS or recurring-revenue service business — raising, or simply in need of sharper financial reporting — I'd welcome a conversation. No obligation, just a direct discussion about whether there's a fit.

Location
Greater Toronto Area