Virtual CFO
Delegate CFOWHAT IS A FRACTIONAL CFO?
A fractional CFO or virtual CFO (chief financial officer) is a remote-based CFO—a real person—who provides high-level services to give your company. No matter the size of your business, we provide the expertise, direction, and concentration of an in-house CFO. We just do it remotely as a consulting service. An online CFO should be seen as an investment. Hiring someone with the experience of a big-business C-level executive without the cost of hiring a full-time employee is where we come in. We are more than just an accountant or a controller. This is high-level strategy—the type of work expected from an experienced financial executive. We provide analysis for helping your team with cash flow modeling and break-even analysis. Because of the strategic nature of the service, we schedule up to six virtual meetings per month. These meetings deal with cash flow, financial review, pipeline and practice development, banking relationships, and long-term goals. Your goals are our goals: We want to maximize shareholder value, accelerate growth, and achieve profit goals.
BENEFITS OF FRACTIONAL CFO SERVICES AND VIRTUAL CFO SERVICES
Fractional CFO services provide companies with insight into their future. Unlike traditional accounting—which is a representation of the money that has already come into a business or has been spent by a company—fractional accounting goes further. It addresses how companies project and plan the business’s future to enable growth and to reach its full potential.
WHEN SHOULD YOU UTILIZE A VIRTUAL CFO COMPANY?
A VCFO company provides incredible insight and opportunity for businesses. Using a service such as this makes sense for companies that want to grow. A virtual CFO service is also beneficial to businesses that may not be seeing the type or amount of growth they desire. It is advantageous for young companies creating a plan to move forward.
Utilizing a virtual CFO service means there is no need to invest in a full-time professional working in your company (which is expensive), but allows full access to these services.
Delegate CFO differs from competitors. With our complete understanding of internal controls that translate into future financial gains, companies of all types can significantly benefit from working with our skilled professionals.
We take the time to learn about your company, goals, and strategies to provide clear, concise data to help your business advance, as desired. At the same time, our remote CFO services are always focused on maintaining clear communications with you. We are here to help you see how fractional accounting can enhance your business’s short- and long-term goals.