Pennylane
- Main use
- Accounting, invoicing and collaboration with the accountant.
- Typical profile
- French startups and SMEs
About us
Iter Advisors is a fractional CFO and finance advisory firm that supports the strategic growth of its clients by structuring, managing and scaling their finance function.
Who we are
Who we are
Our team includes 15 finance professionals and an HR leadership function and we have supported 90 companies since the firm was founded.
Iter Advisors is a corporate finance advisory firm supporting growing startups, SMEs and mid-sized companies. We provide fractional, part-time or interim CFO support to structure and manage their finance function. For VC-backed startups, we also offer dedicated fractional CFO support.
Founded in 2021, Iter Advisors brings together experienced CFOs from complementary backgrounds: audit, management control, financial management, M&A. Their shared vision: making first-class financial management accessible to growing companies.
Iter Advisors has a presence in Paris, Barcelona and Toulouse. Barcelona is the firm’s headquarters. On-site and remote arrangements are agreed when defining each engagement.
Our vision
Our vision
We believe that a solid finance function is the foundation of every successful business. Our approach is built on four fundamental pillars:
01
Best-in-class accounting
The foundation of all effective financial management. We ensure that your accounts are maintained with rigour, transparency and in compliance with current standards.
02
High-quality financial forecasting
Anticipate to make better decisions. We build robust forecasting models that allow you to steer your business with confidence and prepare your fundraising rounds.
03
Financial optimisation
Maximising the performance of every euro invested. We identify optimisation levers to improve your profitability, cash flow and cost structure.
04
A strong entrepreneurial spirit
We think like entrepreneurs. Every recommendation is guided by a deep understanding of the operational and strategic challenges facing your business.
Support
When should you call on Iter Advisors?
We step in at every key stage of your company’s life cycle:
Launch
Structure your finance function from the outset. Setting up accounting, management tools and initial dashboards to steer your business.
Support: launchGrowth
Support your scaling efforts. Strengthening financial processes, building business plans, managing performance and preparing for fundraising.
Support: growthCrisis management
React quickly to difficulties. Emergency cash flow planning, renegotiation with creditors, financial restructuring and strategic support.
Support: crisis managementFundraising
Prepare and secure your financing. Building the investor file, financial modelling, due diligence and negotiation with investment funds.
Support: fundraisingAfter fundraising
Deploy raised funds effectively. Setting up investor reporting, structuring growth, recruiting and organising the finance department.
Support: after fundraisingTeam
Our team
A team of experienced CFOs with complementary backgrounds, united by a shared passion for supporting growing companies.
FAQ
Frequently asked questions
What is a fractional CFO?
A fractional CFO supports the business leader with financial management within an agreed scope and schedule. Presence, responsibilities and deliverables should be compared with those of an internal position.
What is the difference between a part-time CFO and an interim CFO?
Part-time support addresses an ongoing management need. An interim engagement covers a temporary situation such as a replacement or reorganisation. Presence and availability are set out in the proposal.
What type of company does Iter Advisors work with?
We primarily support growing startups, SMEs and mid-cap companies, from seed stage to scale-up phase. Our clients operate in a variety of sectors: tech, SaaS, e-commerce, services, industry, etc.
How does an engagement with Iter Advisors work?
After an initial discussion to understand your needs, we propose a CFO suited to your context. The engagement starts with a diagnostic of your finance function, followed by a concrete action plan. We then work on a regular basis according to the chosen formula.
How much does a fractional CFO cost?
The quotation depends on deliverables, schedule and complexity. The pricing page provides indicative benchmarks. Part-time support and a full-time position do not automatically cover the same need.
What tools do you use?
Accounting and invoicing: Pennylane, Holded; ERP and financial management: NetSuite, Odoo, Microsoft Dynamics 365 Finance; Treasury: Agicap, Kyriba; Expenses and purchasing: Spendesk, Pleo, Ramp. The choice depends on your needs, existing tools and the agreed scope.
Do you work internationally?
Yes, we support companies in France, Spain and internationally. Our team is bilingual (French/English) and some of our CFOs also speak Spanish.
Can you support us on a fundraising round?
Absolutely. Fundraising support is one of our specialities. We assist with investor file preparation, financial modelling, data room, due diligence and negotiation with funds.
What is the average duration of an engagement?
Duration, schedule, notice period and handover are agreed for the engagement. We do not publish an average duration without comparable, dated data.
How can I get in touch with Iter Advisors?
Use our form or contact details to describe your needs. We will contact you to clarify the situation and arrange a conversation. No appointment is booked automatically.
The tools we work with
We work with these solutions according to your organisation and the agreed scope. The typical profile is a selection guideline; it does not replace checking the modules, integrations and terms offered to your business.
Accounting and invoicing
Holded
- Main use
- Invoicing, accounting and business management.
- Typical profile
- Startups and SMEs, particularly in Spain
ERP and financial management
NetSuite
- Main use
- Cloud ERP: accounting, financial close, purchasing, invoicing and consolidation.
- Typical profile
- International scale-ups and mid-sized businesses
Odoo
- Main use
- Modular ERP: accounting, invoicing, sales, purchasing and inventory.
- Typical profile
- SMEs connecting several business processes
Microsoft Dynamics 365 Finance
- Main use
- Finance ERP and financial management connected to operations.
- Typical profile
- Mid-sized and large businesses in the Microsoft ecosystem
Treasury
Expenses and purchasing
Spendesk
- Main use
- Cards, expenses, supplier invoices, purchasing and reimbursements.
- Typical profile
- SMEs and scale-ups
Pleo
- Main use
- Corporate cards, expense claims and spending controls.
- Typical profile
- Startups and SMEs
Ramp
- Main use
- Spend management, cards and accounts payable automation.
- Typical profile
- Businesses with US operations or exposure
Testimonials
What our clients say
Client feedback on our finance and HR support.
Read our clients' reviews