Our Services
Your business deserves top-tier financial leadership. Get it with our fractional CFO services.
KEY FEATURES
The Chief Financial Officer (CFO) is responsible for the company’s financial accounting and reporting and the internal controls that produce complete, timely, and accurate financial information.
- Planning
- Financial reporting
- Annual budget process
- Cash management and cost controls
- Internal control system
- Corporate transactions, including mergers and acquisitions and exit strategies
- Insurance management and renewals
- Tax planning and interaction with tax preparers
- Banking and investor relationships
- Audits with outside accountants, regulators, tax authorities, and insurance auditors
- Board meetings and finance committee meetings
A Fractional CFO
A fractional CFO is an experienced CFO who provides services for organizations in a part-time, retainer, or contract arrangement. This offers a company the experience and expertise of a high-end CFO without the in-house cost—salary, benefits, and bonuses—of a full-time CFO. Fractional CFOs most commonly partner with companies to help overcome financial challenges, achieve growth, optimize strategy, implement systems, raise capital, or navigate an audit or transaction.
A fractional CFO is often brought into a company to help overcome specific financial challenges such as:
- Cash flow issues
- Low gross margins
- High expenses
- Outgrown existing systems
- Need to make cost cuts
- Navigating an audit
Fractional CFOs are also helpful in scaling a business, ensuring profitable growth as the business becomes more complex.
This work involves reinventing the tools, processes, and vendor relationships the business uses to deliver value to an ever-growing and increasingly diverse set of customers.
Fractional CFOs can help companies:
- Develop existing employees and hire new ones that bring essential knowledge and skills.
- Implement systems that will support sustainable growth.
- Improve visibility and analytical capabilities to convert large amounts of data into actionable information.
- Explore causes of revenue leakage, cost overruns, and operational friction in a growing business and develop potential solutions.
A fractional CFO could be brought into an organization to help achieve a particular goal, such as
raising capital or preparing for a sale, merger, or acquisition.
A fractional CFO is helpful in:
- Getting books in order
- Producing financial forecasts
- Bringing expertise and validation to the company
- Sitting in on board meetings
- Helping with strategic relationships
- Analyzing term sheets and contracts
- Overseeing due diligence
How Are Fractional CFOs Helpful?
Fractional CFOs are also helpful in optimizing or implementing more forward-facing financial
visibility. While many financial professionals such as bookkeepers, accountants, and controllers are tasked with keeping past and current finances organized and well-documented, a CFO focuses on the future.
A fractional CFO helps determine how to get you from where you are to where you want to go. Growing a business requires strategic use of capital. For many fractional CFOs, one of their most important contributions will be providing a financial forecast that will act as a blueprint to achieve the growth in the most efficient, accelerated, and sustainable way possible.
Fractional CFOs can help companies:
- Develop detailed short-, mid-, and long-term financial forecasts.
- Prepare budgets based on forecasts.
- Analyze potential future products, services, markets, and customer segments.
