NOW CFO reviews

3.9

69% would recommend to a friend

(222 total reviews)
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Randy Christensen

88% approve of CEO

71% positive business outlook

NOW CFO has an employee rating of 3.9 out of 5 stars, based on 222 company reviews on Glassdoor which indicates that most employees have a good working experience there. The NOW CFO employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

222 reviews
2.0
Nov 25, 2015

Experience was far different than other reviewers

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

They offered consulting positions on a salaried basis, which I loved because I enjoy consulting in the finance and accounting arena, but finding your own engagements often takes more time than you spend working on those you find. Being able to consult while letting them find my engagements seemed like the best of both worlds. The scenery changed: working one client one week, then another the next.. kept things from getting boring.

Cons

The honeymoon ended early. Instead of matching a consultant to the needs of a client, they routinely oversold consultant qualifications (for example, telling a client with an ERP issue that the consultant had 10 years of experience in that system when she may only have six months) and placed consultants in the first engagement that came along, regardless of the consultants skillset. This left the consultant having to perform as an expert in something (s)he may not know that well because that's the way the client was sold on the service. Basically, their attitude was that they're #1 priority was not client service, but AVOIDING having to pay consultant salaries themselves. So they threw you onto the first engagement they could sell in order to transfer that burden to the client. There seemed to be a primary kind of client they solicited. Their sales people would visit CPA firms or banks and insist they wanted to know about their clients who always had problems and were seldom in compliance. Those were the clients they sought out; as they put it: "the worst of the worst." They claimed they could go in, clean them, and eliminate all the problems these bankers or CPAs routinely had with them. These clients were often combative and resistant to change, systemic of why they were among the "worst of the worst." But as soon as the inevitable problems surfaced (usually led by the client's refusal to make changes that would ease their problems), NowCFO management would jump into crisis mode (over the fear of having to refund money) and after only a cursory investigation (if one was conducted at all) blame the consultant. I've been consulting for over a quarter century and not ONE complaint from a client until I worked for NowCFO. This left the consultants having to document every interaction and activity in order to be able to defend ourselves, not from the client but from our own company, when these problem clients complained about our not being able to work the miracles on which they were sold. Aside from the "who's to blame" efforts, management was seldom visible, despite hearing routinely about how committed they were to their consultants. Most of what I heard whenever someone criticized their senior management was nothing but PR spin intended to show others a different scene than the consultant was experiencing. Actual "boots on the ground" experience was that their words did not align with their practice. They can SAY they're committed all they want, but their actions said they were chasing dollars, period. The kicker for me was years after leaving this company, they were asked to verify employment for a mortgage for which we were applying and despite SIX separate attempts to get a call back from their HR or accounting department, no one responded. The mortgage lender sent four separate requests in the mail: all were ignored. No one answers the phone; no one returns voice mail. The same lack of resolve I experienced when I was an employee and a major reason I left. We eventually had to pretend to be a large potential client calling for a quote. Oh, THEN they called back in less than five minutes, at which point we had to switch gears and pretend to be an attorney who used that tactic to get their attention and now that we had them on the phone were prepared to serve them a lawsuit if they didn't respond to the employment verification. Only then did someone respond to the mortgage lenders request. Others may have had a great experience with this company, but despite my comments likely being dismissed out of hand as "coming from a disgruntled ex-employee," my experience with them was far from positive. I've been lucky enough to consult for 25 years and love it. Having been around the consulting block many times over all those years, I've worked with dozens of firms and many hundreds of clients and while this wasn't the worst company in that field, they sure rank in the bottom 25%. Others may have had a positive experience, but mine was that senior management was quick to judge, sometimes abusive, usually rigid, and only interested in what made a buck.

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NOW CFO Response
10y
First off let me start by saying I am sorry for what you experienced and I am extremely grateful for your advice to management to chase service above dollars. I read, and reread this response several times and am a very concerned as the director of recruiting and a manager within NOW CFO. Before I get started, I want to make myself and my team available at 888-669-2361. If any current or former employee needs something please call. This number rings directly at my desk and two others. I cannot promise we have all the answers, however, we can promise to do all we can to get you the answers. As to some of your concerns we have a large initiative to increase and improve our customer experience and this is centered around improving our employee experience. If it has been a couple years since you were here, we have been putting in a lot of effort and time into this. Yes, we are a sales organization. First and foremost, we must drive new business. This is how we keep our employees paid and busy. However, new business does us very limited good if we don’t service our clients properly and keep them coming back for more. We are experiencing growing pains, and we know we need to continue to strive to improve and hire great folks to help us improve our customer experience and service. Attracting and retaining talent is a big priority for our firm, and we know that consulting work is not for everyone. HOWEVER for those it is right for, we expect to triple in the next three years by opening 15 new markets, which means we will be offering subsidized partnership opportunities with equity. Our leadership depth will be growing significantly, and our eye is on quality.
5.0
Mar 6, 2015
Recommend
CEO approval
Business Outlook

Pros

Working with NOW CFO is like a roller coaster, you have to take the good, fun parts with the harder, not so fun parts. I work on the internal Accounting team with NOW CFO and although there is a heavy work load (after all we are a growing company) I've enjoyed everything about working here.

Cons

Being that there is alot to do there sometimes is not much time for normal life events that might pop up.

5.0
Mar 6, 2015

Great place to work!

Recommend
CEO approval
Business Outlook

Pros

Employment at Now CFO is a great company to work for and to develop your skills in multiple industries in a growing organization.

Cons

Management of your time is a must, if you have difficultly in this area you should not go into consulting

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Glassdoor has 229 NOW CFO reviews submitted anonymously by NOW CFO employees. Read employee reviews and ratings on Glassdoor to decide if NOW CFO is right for you.