# How to engage FIRMA Advisory

Source: https://firmaadvisory.com/engagement-models
Last updated: 2026-10-01

TYPE html>         Treasury Consulting Engagement Models | FIRMA Advisory                            [Skip to main content](#main)

FIRMA Advisory works in five formats: a diagnostic, a project, a retainer, an interim or fractional treasurer role, and specialist support for consulting firms. Each is priced on a clear basis agreed in writing before work starts. A diagnostic is often the first step, so the next decision is made with data in hand.

## Five ways to work with us

Every engagement uses one of the formats below, and formats can follow one another. The table shows what each is best for and how it is priced.

| Format | Best for | Typical duration | Pricing basis |
| --- | --- | --- | --- |
| Diagnostic | Sizing an opportunity or a risk before a larger commitment, such as bank fees, FX, cash or an acquisition target. | 2 to 4 weeks | Fixed fee |
| Project | A defined change with deliverables, from analysis through bank negotiation and implementation. | 6 to 16 weeks | Fixed fee by phase |
| Retainer | Ongoing senior advice on treasury and banking decisions as they arise. | 3 months minimum | Monthly fee |
| Interim or fractional treasurer | Cover after a departure, an acquisition or during a refinancing, or before a first treasury hire. | 3 to 6 months | Agreed number of days per month |
| Specialist for consulting firms | Treasury and banking workstreams inside a consulting engagement. | Set per project | Day rate or fixed scope module |

Prices are quoted per engagement in the written proposal.

## Performance-aligned fees for banking and FX cost work

For bank fee and FX cost work, part of the fee can be linked to savings verified on statements or trade data. The rest is a fixed fee that covers the analysis and negotiation.

-   The baseline is agreed in writing before any negotiation, using your own statements and trade records.
-   Savings count only when they appear on bank statements or in measured FX cost against mid-market.
-   The measurement period, the performance share and any cap are agreed in each proposal.
-   Strategy work, interim roles and projects without a measurable baseline are priced as fixed fees instead.

This keeps the incentive clear: the fee rises only when your verified cost falls.

## How does scoping work?

Scoping turns a first conversation into a written proposal with deliverables, timing and fees. Nothing starts until you have approved it.

-   First call: we discuss the situation, the timing and which format fits.
-   Data request: we ask for a short list of documents to size the work.
-   Written proposal: scope, deliverables, phases, timing and pricing basis, sent within three business days of the first call.
-   Start: once the proposal is signed, the first phase begins on the agreed date.

## What does the first call cover?

The first call is a confidential, 30 minute conversation about your situation, at no cost. It answers whether we can help and in which format.

-   Your situation, the decision in front of you and the timing.
-   The banks, entities, countries and currencies involved.
-   Which engagement format fits, and why.
-   The data needed to scope the work properly.
-   Availability and a realistic start date.

## What should you prepare?

A few documents make scoping faster and the proposal more precise. You do not need all of them for the first call.

-   Recent bank statements or account analysis statements for each bank.
-   Current fee schedules and any pricing letters or bank proposals.
-   FX trade confirmations or a trade log with dates, amounts and rates.
-   An entity chart showing the banks and accounts used by each entity.
-   Facility agreements, if credit or change of control terms are in scope.

Documents can be shared through your own data room. We never need payment rights or production system access to scope the work.

## Start with a short call.

Tell us the situation and the timing. We will suggest the right format and the data needed to scope it, or point you to the [service](https://firmaadvisory.com/services) that fits.

[Book a 30 minute call](https://firmaadvisory.com/contact) [contact@firmaadvisory.com](mailto:contact@firmaadvisory.com)