Bridge your financial management gap

In smaller companies, CEO’s and other managers tend to take on a lot of different roles in the company. This happens because they believe it will save the company the expense of hiring more employees. Although they may or may not have expertise in managing some financial aspects of the company, the problem is that their time and talent are not utilized where it can benefit the company the most. If focus is taken away from sales, growing the business, or making strategic decisions, the entire business can suffer.

Many small to medium sized businesses can benefit significantly from outsourcing the role of a Chief Financial Officer. A CFO will bring additional expertise to the management team, help provide clarity, and provide help where it’s needed. A part time CFO will come with the same expertise, background, and work ethic as a full-time CFO, but for a fraction of the cost.

Small businesses can typically manage with basic bookkeeping systems or software, but growing businesses need to upgrade their systems and processes to keep up with the demands of the business.  

Implementing new accounting software and upgrading accounting processes requires someone who understands complex financial and accounting requirements. Aside from implementing these improvements, a part time CFO can train and mentor staff.

A part-time CFO can make better and more informed decisions by using not only data from your company but utilizing their experience with other companies as well. 

The CFO will also need to verify the accuracy and validity of the data and make suggestions to improve the quality and usefulness of the data.

As a business expands, it can experience various growing pains. From systems and processes failing, to additional training needed for staff, to running out of cash, a CFO can anticipate and help avoid these issues

A CFO will work with your team to develop new processes that will expand with your business. They will also help negotiate vendor contracts, manage insurance and help build new accounting and financial reporting structures.

A part time CFO brings diverse experience with companies in multiple industries to offer innovative suggestions and improvements. 

No two businesses are ever the same but working with other companies and other industries allow a part time CFO to leverage that experience and bring solutions to your business that may not have been considered.  

Providing CFO and Controller services on a fractional, part time, temporary, interim, or project based arrangement. Experienced CPA and CFO for companies in the fields of wholesale distribution, manufacturing, retail, construction, automobile auctions and remarketing, business services and others. Specialized experience in accounting software implementations, designing financial processes, startup businesses, as well as multi entity and multi state companies.