Chief Financial Officer for a day a week, day a month or only when you need one
Chief Financial Officer for a day a week, day a month or only when you need one
Experienced Financial Management
Financial improvement
630-253-9161 - Virtual Chief Financial Officers
Virtual CFOs
Virtual CFOs - Financial management so you can take care of your company
Financial managemnt services
Should you be more profitable - Need strategic planning - Financial analysis
Case Studies - Growth and Profitability
Company needs for financial management
Assess the business situation, design a plan and organizational structure that will help us continue to grow
Financial management consultant and public accountant
Chief Financial Officer for a day a week, day a month or just when you need one
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Virtual CFOs
Let us take care of your financial management
Virtual CFOs
Virtual CFOs

Part Time or Fractional CFO Defined

By the time a company reaches $50 million in annual sales, and often sooner, it is ready to have its own full time Chief Financial Officer (CFO). That company needs the expertise, analysis, judgment and insight that a skilled CFO brings. Just closing the books and overseeing day to day activity is no longer enough.

The question is, is that ever enough? Wouldn’t a smaller company benefit from having its own CFO? Having a part time or fractional CFO in Chicago or anywhere else gives companies the option of utilizing the expertise, analysis, judgment and insight that benefit larger companies. Having the best information and judgment possible will lead to better decisions, which is at least as important to a smaller company as it is to a larger one.

A part time or fractional CFO works in your office as if he were an actual employee, even though he is technically an outside contractor. He is not there every day, but he is there as often as is required by your company’s needs.

A part time or fractional CFO is a highly qualified financial professional. Your company shares his services with other companies. Your company utilizes a fraction of his time, and pays a fraction of his cost. But cost saving isn’t the biggest advantage. The biggest advantage of outsourcing the CFO function is that your company benefits from the same expertise, analysis, judgment and insight that is available to larger companies.

Your part time or fractional CFO trains and manages your employees to efficiently handle day-to-day activity. He also addresses non-day-to-day issues (these vary based on the client’s individual needs). For example:

  • Developing financial analysis to better understand results and to make better decisions

  • Identifying, tracking, and analyzing key performance indicators (KPI), improving efficiencies and reducing costs

  • Helping other department heads be more effective by providing more and better information and analysis

  • Contributing to the strategic planning process; new (or discontinued) products, acquisitions, funding; creating financial projections

  • Evaluating, modifying, or creating systems, policies and procedures where needed
Be more profitable and efficient with Virtual CFOs
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