financial reporting, and analysis
A fractional CFO is a part-time or contract Chief Financial Officer (CFO) who works with a company on a short-term or ongoing basis. Fractional CFOs are typically hired by small and medium-sized businesses (SMBs) that require financial expertise but do not have the resources to hire a full-time CFO.
Fractional CFOs offer a range of services, including financial planning, cash flow management, budgeting, forecasting, financial reporting, and analysis. They can also help with fundraising, mergers and acquisitions, and other strategic financial decisions. Fractional CFOs can work remotely or on-site, depending on the needs of the company.
Hiring a fractional CFO can be a cost-effective solution for SMBs that need financial expertise but cannot afford a full-time CFO. It allows them to access the skills and experience of a CFO without the high costs associated with a full-time hire. Additionally, fractional CFOs bring a fresh perspective and can help identify opportunities for growth and improvement in a company’s finances.