techfinance
+1 647 549 9345 Book a free callFree call

Your fractional finance team.

Senior finance help, without full-time hires. Bookkeeping and payroll, a part-time CFO and finance automation for Canadian small and medium-sized businesses.Bookkeeping and payroll, a CFO for fundraising and SR&ED, and finance automation for Canadian startups. A CPA checks your books every month, and every price is on this page.

Book a free call See services and prices
Founding offerFirst month free on a bookkeeping or CFO plan Two senior finance professionals30+ years of combined experience · CPA-led
Illustrative examples

Three services, one team

Run your business.
We'll run the numbers.More runway.
Less dilution.

Books and payroll closed every month, a part-time CFO for the big decisions, and automation that cuts the manual work. Use one service, or combine them and save.Investor-ready books and payroll, a CFO for fundraising, board reporting and SR&ED, and automation that grows with you. Use one service, or combine them and save.

Fractional CFO

Budgets, cash flow, lenders, board reporting and the big decisionsFundraising, board reporting, runway and SR&ED claims

from $1,500 a monthSee prices

Bookkeeping & payroll

Month-end close, reports, payroll and sales tax, done right every monthInvestor-ready books, payroll and month-end reports

from $400 a monthSee prices

Finance automation

Fewer manual hours: a process review, connected software and AI for the routine workFinance systems that scale: connected software, approvals and automatic reports

review $2,500 credited to setupSee prices

Techfinance

2senior finance professionals
30+years of combined experience
CPAchecks your books
CA + UKexperience in Canada and the UK
  • CPA
  • FCCA
  • MBA

About us

Small by design.

We're two senior finance professionals with more than 30 years of combined experience.

Why we started

We've spent our careers in senior finance roles at startups, owner-led businesses and large companies, working closely with CEOs, founders and other executives.

We kept seeing the same gap. Growing businesses make their biggest decisions without senior finance help, because a full-time CFO costs too much. We started Techfinance to close that gap.

Why we stay small

We work with a select group of businesses, and we keep it that way on purpose. Every client gets senior people who know their business, quick answers and no hand-offs to juniors. We only take on clients we're sure we can help.

Between us, we have:

  • Led finance at fast-growing companies and owner-led businesses in Canada and the UK
  • Acted as CFO through a venture raise and acquisition due diligence
  • Secured a multi-million-dollar bridge loan and worked on a multi-million-dollar SR&ED claim
  • Built and led a team of accountants serving small businesses

You'll meet us on your free call.

Our promise to you

  • A CPA checks your books and reports before they reach you.
  • The same senior team every month.
  • You see the price before any work starts.
  • No success fees and no lender commissions.
  • Your books and data stay yours and stay private: NDA first, and AI tools that don't train on it.
  • If CRA reviews your SR&ED claim, we're with you through the review.
Book a free call Follow us on LinkedIn

Prices

Every price, on one page.

Use one service, or combine them. With CFO days, your bookkeeping, payroll and automation cost 25% to 55% less. No hidden fees and no success fees.

Pick your yearly revenue for a suggested plan. Then make it yours.Pick your stage for a suggested plan. Then make it yours.

Building a startup? See startup plansNot a startup? See business plans

Bookkeeping
12 employees · $170 a month
Fractional CFO
Finance automation

Growth bookkeeping, payroll for 12 employees, 1 CFO day a month

Investor-ready books, a CFO day for runway and investor updates, and SR&ED to extend the runway.

Together you save $242 a month

Separately $2,470$2,228a month, plus the SR&ED fee
Book a free call

Founding offer

For our first 10 clients: your first month free on a bookkeeping or CFO plan, a free catch-up if your books are up to 3 months behind, and prices locked for two years.

Ask for a founding spot
Start here

Fractional CFO

A part-time CFO when you need one, not a salary

  • 1 day a monthCash flow, KPIs and a monthly check-inRunway, investor update and KPIs
    $1,500/mo
  • 2 days a monthBudget, cash, pricing, lenders and the boardBudget, cash, board and fundraising
    $3,000/mo
  • 4 days a monthA senior finance lead for growth, financing, a big project or a saleA senior finance lead through a raise or a scale-up
    $6,000/mo

CFO days cover budgets and forecasts, cash flow, board and lender reporting, financing, fundraising support, entity setup, planning a sale, and big decisions like a new location, hire or investment. Monthly, cancel any month. No success fees and no lender commissions.

See one-off projects Book a free call
Start here

Bookkeeping & payroll

Your books closed every month, payroll run and taxes filed

  • StarterUp to 100 transactions a monthUp to 100 transactions a month
    $400/mo
  • GrowthUp to 400, plus a monthly cash flow reportUp to 400, plus a burn and runway report
    $800/mo
  • ScaleUp to 1,000, plus KPIs and a lender or board packUp to 1,000, plus SaaS metrics and a board pack
    $1,400/mo
  • PayrollUp to 5 employees: pay runs, CRA remittances, T4 slips and records of employment. $10 for each extra employee. Payroll software at cost.
    $100/mo
  • Month-end close on a schedule we agree
  • Statements and reports, checked by a CPA
  • GST/HST and PST filings
  • Your corporate tax return (T2)

We work in QuickBooks Online or Xero. More than 1,000 transactions or several companies? We'll quote it. T5 slips and personal tax returns are quoted separately. Cancel any month. Behind? Catch-up from $1,000.

Book a free call

Finance automation

Fewer manual hours, and software that works together

  • Automation reviewWe map your finance processes and software, then show what to automate and the hours you could save. Credited in full against setup within 60 days.
    $2,500 once
  • SetupWe build what the review recommends: connected apps, approvals, bills and receipts, reports and AI tools
    from$3,500
  • Essential planMonitoring, fixes and help for your team, about 3 hours a month
    $500/mo
  • Plus planEssential, plus a new improvement each quarter and your dashboards kept up to date, about 6 hours a month
    $1,000/mo

You get a fixed quote for setup after the review. The review is $4,500 for larger businesses or several companies. Software stays in your name, at cost. We only use AI tools that keep your data private, and a person checks what they produce.

Book a free call
Better together

Bundles

Take CFO days, and your bookkeeping, payroll and automation cost 25% to 55% less

Your discount on bookkeeping, payroll and automation
CFO days a monthWithout automationWith an automation plan
1 CFO day25% off30% off
2 CFO days40% off45% off
4 CFO days50% off55% off

Example: 2 CFO days with Scale bookkeeping, payroll for 35 people and the Essential automation plan is $5,300 a month separately, or $4,265 together. You save $1,035 a month. CFO days stay at $1,500 a day. Bundles start with a 3-month minimum, then run month to month with 30 days' notice. One-off projects, setup and software aren't discounted.

Build your plan Book a free call

One-off projects

Fixed fees, agreed before we start. No success fees.

  • Loan-ready packageA 24-month forecast, 13-week cash flow and the lender package, plus help answering the lender's questions$2,500 once
  • Fundraise sprint4 to 6 weeks: a financial model, the documents investors ask for, and help with their questions4 to 6 weeks: model, data room and answers to investor questions$5,000 once
  • SR&ED claimFixed fee set by your yearly R&D spend, with filing and CRA review support. Nothing upfront.from $3,500
SR&ED claim fee by R&D spend
R&D spend up to $100K$3,500
Up to $250K$6,500
Up to $600K$11,000
Up to $1.5M$17,500
Over $1.5MQuoted

Due when your refund arrives or 180 days after filing, whichever comes first. 20% off with a monthly plan.

Your first call includes a free funding check. Lenders and investors make their own decisions. Estimate my SR&ED refund

All prices in Canadian dollars, plus GST/HST.

What a fixed fee saves you

If you paid a 20% fee$24,924
Techfinance fixed fee$6,500
You keep$18,424 more

On a $124,620 refund: $400K of tech salaries, half on R&D, in Ontario. Many SR&ED firms charge 10% to 30% of the refund.

How it works

Three steps. Back to your business.Three steps. You keep building.

Setup takes a few short calls. After that, it runs every month.

  1. 1

    Free 30-minute call

    Tell us about your business. You'll get a plan and a price in writing, plus your SR&ED estimate if you do R&D.

    Free
  2. 2

    We set everything up

    We set up or tidy your books in QuickBooks Online or Xero and connect your bank, cards, payroll and invoicing. A CPA checks the books.

    A few short calls for you
  3. 3

    Finance, handled

    A month-end close you can count on, reports you can act on, CFO time when you need it, and less manual work as we automate.

    Every month
See an exampleHow your team's notes become an SR&ED claim

From your team's notes to CRA's language

The writing is the part most teams put off, so we do it for you. AI drafts from your team's notes, a CPA checks every line, and your tech lead approves it before anything is filed. An illustrative example, not a real client.

PROJ-07 · Lighter bracket cracks under loadPERF-412 · Doc parser too slow on CPU
  • Goalp95 latency is 900 ms. Target: under 200 ms on CPU, losing less than 1 point of accuracy.
  • Try 18-bit quantization: 310 ms, but accuracy down 6 points. Not good enough.
  • Try 2Standard distillation: 190 ms, but down 3 points on multi-column pages.
  • ResultKept layout signals during distillation: 180 ms, down 0.8 points.
  • GoalMake the bracket 20% lighter and still pass a 5,000-cycle load test.
  • Try 1Thinner steel: cracked at 3,100 cycles. Not good enough.
  • Try 2Aluminum: the weld cracked at 4,200 cycles.
  • ResultNew rib shape and weld order: 21% lighter, passed 5,000 cycles.
SR&ED claim · project description
Uncertainty
It was not known whether a document parser could run under 200 ms on CPU-only servers while losing less than one point of accuracy. The known methods, quantization and standard distillation, lost too much accuracy on multi-column pages, and published results did not show how to avoid that.
Work done
The team tested 8-bit quantization and standard distillation against a fixed test set. Both missed the target on multi-column pages. It then built and tested a distillation method that keeps layout signals for each page region.
Advancement
The team learned that keeping layout signals during distillation preserves accuracy on multi-column pages: 0.8 points lost at 180 ms, a result the known methods could not reach.
Uncertainty
It was not known whether the bracket could be made 20% lighter and still pass a 5,000-cycle load test. The standard options, thinner steel and a switch to aluminum, both failed, and published data did not show how to stop the weld from cracking.
Work done
The team tested thinner steel and aluminum against the load test. Both failed early. It then designed and tested a new rib shape and a new weld order.
Advancement
The team learned that the rib shape and weld order control where cracks start: the new design was 21% lighter and passed 5,000 cycles, which the standard options could not reach.

Free SR&ED check

How much could SR&ED give you back?

Three quick checks: your refund, whether your work qualifies, and your deadline. Claims are due 18 months after your fiscal year-end, and late claims are denied.

Move the sliders to see what SR&ED could put back in your bank. It takes 30 seconds.

  • 35% back in cash on eligible R&D, on up to $6 million a year, even if you're not profitable yet
  • Ontario adds 8% through its refundable innovation credit
  • A fixed fee, not a cut of your refund. Nothing upfront: it's due when your refund arrives or 180 days after filing

Estimate your SR&ED refund

30 seconds
Add Canadian contractors
Estimated cash back
$124,620

About 31% of your technical payroll, back in cash.

Federal $99,820Ontario $24,800
Fixed fee$6,500A 20% fee would be: $24,924
You keep$118,120

Fixed fee for up to $250,000 of yearly R&D spend. Nothing upfront.

Check this with us

Estimate for a Canadian-controlled private corporation, using CRA's proxy method. US investors are usually fine; a US parent company means no cash refund. Your actual credit depends on eligible work, records and CRA review. Not tax advice.

How the estimate works

It takes R&D salaries (salaries times time on R&D), adds CRA's 55% overhead allowance (capped at your real overhead costs), and adds 80% of Canadian contractor costs. Ontario's 8% credit applies first. The federal 35% refundable credit applies to the rest, on up to $6 million a year. In Ontario, each dollar of R&D salary can return up to about 62 cents. Owners' salaries have extra limits, and the credits shrink for larger or more profitable companies, so we confirm your numbers on the call. The fee is fixed by your yearly R&D spend (R&D salaries plus contractors), not by the refund.

FAQ

Questions owners ask.Questions founders ask.

Who do you work with?
Canadian small and medium-sized businesses, usually with $1 million to $20 million in yearly revenue, and startups from pre-seed to Series A. We work with a select group of clients at a time, so each one gets senior attention. We're based in Toronto and work with companies anywhere in Canada.
Which service should we start with?
Most businesses start with bookkeeping and payroll, so the numbers are right every month. Add CFO days when you want help with budgets, cash, lenders, a big decision or a future sale. If your team spends hours on manual work, start with an automation review.
Which service should we start with?
Many startups start with bookkeeping and a CFO day a month, plus an SR&ED claim, because it often pays for itself. Raising soon? Add CFO days or a fundraise sprint. Use one service, or combine them and save.
How do bundle discounts work?
When you take CFO days, your bookkeeping, payroll and automation cost less: 25% off with 1 CFO day a month, 40% with 2 days and 50% with 4 days. With a monthly automation plan, it's 30%, 45% or 55%. CFO days stay at $1,500 a day. Bundles start with a 3-month minimum, then run month to month with 30 days' notice. The plan builder above shows your exact price.
What is a CFO day?
About 7.5 hours of senior CFO time a month, used when you need it: calls, forecasts, analysis, and board or lender prep. If you need more, we'll tell you early and you can move up a plan.
Why a fractional CFO instead of a full-time hire?
A full-time CFO in Toronto typically earns $204,000 to $323,000 a year, before benefits, bonuses or equity (Robert Half's 2027 salary guide). Most growing businesses need a few days of CFO work a month. One CFO day a month is $1,500, and you can scale up as you grow.
What can you automate?
Most of the routine work: receipts and bills captured and coded, approvals, bank feeds, invoices and payment reminders, payroll syncing, month-end checklists and reports that update themselves. We start with a review of your processes and software ($2,500, credited in full against setup), show you the hours you could save, and quote setup upfront.
Will automation replace our team?
No. It takes repetitive work off your team's plate, so they can spend their time on checking, customers and decisions. Many businesses use it to grow without adding admin staff.
Can you help us get a bank or BDC loan?
Yes, as part of our CFO work. We compare your options, such as a bank loan, a BDC loan, a government-backed loan through your bank (the Canada Small Business Financing Program) or equipment financing. Then we build a lender-ready forecast and financial package and help you answer the lender's questions. We don't negotiate loans for you or arrange mortgages. The lender makes the decision, so no one can guarantee approval, and we never take a fee from a lender.
Do you find investors or take a cut of what we raise?
No. We get you ready to raise: the financial model, the data room, the numbers in your deck and answers to investor questions. We don't sell shares or act as a broker, and we don't charge success fees, so our advice stays on your side.
What is SR&ED?
The Scientific Research and Experimental Development program is Canada's biggest support for business R&D. Canadian-controlled private corporations get a 35% refundable federal credit on up to $6 million of eligible R&D spending a year, paid in cash even with no profit. Ontario companies add an 8% refundable credit.
What kind of work qualifies for SR&ED?
Work qualifies when your team faced a technical uncertainty, tested ideas methodically and learned something new. That can be software, and it can also be new products, materials, processes or manufacturing methods. Routine work with known methods does not. The free SR&ED check gives you a first read, and the free call tells you which projects count.
If CRA cuts my claim, do I still pay?
Yes. The fee is fixed by the work, not by your refund, so it stays the same even if CRA trims the claim. That's why we flag weak projects on the free call and only file work we can defend. The fee is disclosed to CRA on your claim, as the rules require.
When does the SR&ED money arrive?
CRA aims to process claims it accepts as filed within 60 days. If it reviews a refundable claim, its target is 180 days, and we handle the review with you. In CRA's 2025-26 year, 90% of claims were accepted as filed.
We raised from US investors. Can we still get the 35%?
Usually, yes. The 35% refundable credit is for Canadian-controlled private corporations. A US investor with a minority stake doesn't change that on its own. If a US company owns yours (often called a flip), or non-residents together hold most of the votes, the credit is no longer paid in cash. We check your cap table and board on the free call.
We already have an accountant. Can you still help?
Yes. We can work alongside your accountant on CFO work, automation, an SR&ED claim or a loan package, or take over the books when you're ready.
Do you prepare audited or reviewed financial statements?
No. Audits and review engagements need a licensed public accountant. We prepare your books and your lender package. If a lender or investor needs reviewed or audited statements, we work alongside your licensed public accountant, which usually makes their work faster.
Do you run payroll?
Yes. Payroll is $100 a month for up to 5 employees, plus $10 a month for each extra employee. It covers your pay runs, CRA remittances, T4 slips and records of employment. The payroll software is billed to you at cost.
Which accounting software do you use?
QuickBooks Online and Xero, plus the apps around them for bills, receipts, payments and payroll. If you already use one, we pick up where you are. If you use something else, we'll talk about moving on the free call and quote it upfront.
Do your prices go up as we grow?
Only when the work grows. Bookkeeping plans follow your monthly transactions, and if you go over your plan's limit two months in a row, we'll suggest the next plan. You always see a new price before it applies.
Is our data safe?
We sign your NDA before we see anything, keep files in access-controlled storage, and only use AI tools set up not to train on your data. A person checks anything AI drafts.

Free 30-minute call

Talk to us, free.

Thirty minutes, no obligation. After the call, we send you a short written plan. It shows your price, where automation saves time, and your funding or SR&ED options if they apply.

You'll talk to a senior finance professional, not a sales team.

Book a free call

Opens our calendar. Pick any time that suits you.

  • Founding offer: your first month free on a bookkeeping or CFO plan, for our first 10 clients
  • A written summary after the call, yours to keep
  • Use one service, or combine them and save. Happy with your bookkeeper? Keep them.
  • No obligation and no hard sell
+1 647 549 9345Call us WhatsAppMessage any time hello@techfinance.ioEmail

Prefer to write first?

Send a message and we'll reply by email within one business day.

Your details are only used to reply. No mailing lists. Privacy notice

Thanks. Your message is in.

We'll reply by email within one business day.

From our insights

What is AI, and how will it change our lives?AI, explained · 16 October 2026
Call Book a free call