CFO Squad Signs Software License Agreement for “Five-Star” Financial Reporting Upgrade

Posted by Joseph Himy

Plans on Launching New Financial Reporting Automation and Dashboard Software in the Fourth Quarter of 2022

NEW YORK, N.Y. – (August 29, 2022) CFO Squad, a premier provider of outsourced CFO and financial business services to both private and public companies, announced a licensing agreement with the developer of a best-in-class financial planning and analysis (FP&A) platform for Excel users.

This comprehensive FP&A solution automates data consolidation, financial reporting and planning, while enabling finance teams to continue using their own Excel spreadsheets and financial models.

It does so by allowing the FP&A teams to consolidate and process data connected to third-party sources, while working in spreadsheets. This information is then stored in a database in the cloud, which allows for significant enhancement in powerful modeling and for more effective forecasting. With this platform, analysts and executives can be certain that their models are using the most up-to-date information available.

One software developer hailed the product as “the best in the business,” noting that “It’s an easy tool to use and train on. Very adaptable, can look at our data in many different and useful ways with the Insights feature. Integrates with our ERP flawlessly. Can make changes in real time so decision makers always know exactly what’s happening and base the organizational direction on fresh data. Model building is straightforward, visualizations are enlightening, and integrations are easy.”

Most CFOs spend an average of 10 hours per week manually preparing core FP&A reports such as budgets, P&Ls, balance sheets, and month-end reports. “It’s tedious, time-consuming, and definitely not the most profitable use of a senior executive’s time,” said Joseph Himy, Founder and Managing Director of CFO Squad.  “We look forward to providing our clients with value added financial reporting such as dashboards, budget versus actual reporting, and cash projections and reducing time to prepare quarterly and annual financial statements.” 

“And it is absolutely no longer necessary — because with our new solution, our clients (and potential clients) can continue utilizing their own Excel financial models and spreadsheets while automating repetitive processes.”

“What we have now is undoubtedly a game-changer, “Mr. Himy said. It’s already being used by hundreds of financial teams across the country, and it truly realizes the potential for a robust, user-friendly financial planning and analysis platform to seriously drive business growth.”

Equally noteworthy, commented Jeannine Zimmerman, President of Operations and Human Resources, is the client’s cost of acquiring this much acclaimed FP&A package — because there isn’t any. Under the terms of the agreement, all CFO Squad clients are eligible for a free license.

The firm plans to introduce its newly acquired FP&A solution by the end of Q3, but if you’re interested in learning more, or would like to schedule an onsite demo, please contact CFO Squad directly at (845) 613-3394.


CFO Squad is an accounting consulting firm that specializes in financial reporting, technical accounting research and CFO advisory services for companies of various sizes and from multiple industries. From complex technical accounting transactions to periodic financial reporting, our professionals can offer an organization the specialized expertise and multilayered skill sets to ensure their accounting projects are completed timely and accurately. To learn more, please visit: or call us at (845) 613-3394.



1345 Avenue of the Americas
New York, NY 10105


1024 Broadway
Woodmere, NY 11598


623 Morris Avenue
Springfield, NJ 07081


Buhangin-WVP Lopson,
Buhangin-Lapanday Road
Davao City 8000


Ramat Bais Shemesh (Central Israel)

Contact Info

Joseph Himy, CPA
Founder & Managing Director
(845) 613-3394