outsourced CFO
The Knowledge and Experience You Need to Unlock Your Company’s Potential
As companies navigate the complexities of today's dynamic business environment, the role of the CFO has become increasingly critical. Outsourced CFO services are a strategic imperative for businesses seeking financial excellence without the overhead costs associated with an in-house executive leadership roll of CFO.
From cost savings and strategic financial planning to operational efficiency and compliance, the benefits are manifold. By embracing the flexibility and expertise offered by outsourced CFOs, organizations can:
Unlock your company’s Full Financial Potential
Have Expertise on Demand
Drive Growth and Operational Efficiency
Navigate the complexities of the modern business landscape with confidence at a fraction of the cost of hiring a permanent In-House CFO.
qualifications you should seek in AN OUTSOURCED CFO
Outsourced or fractional CFOs have gained a lot of popularity in recent years. As companies grow the complexities of accounting, finance and tax become overwhelming and beyond the scope of a company’s existing staff. An experienced and credentialed financial professional can guide your company through these challenges routinely. The problem with many so called Outsourced CFOs offering these services is they just don’t have the experience. Former bankers, CPA’s with only public tax or accounting experience doesn’t qualify them to wear the CFO badge. So, what does? At BFS, we not only talk the talk, we walk the walk. We have over 23 years as middle-market CFO experience with multiple success stories of helping companies achieve their goals. We literally “wrote the book” on what skills, talent, and experience is needed to be a successful CFO. Through our CFO training program, we have turned several mid-level financial professionals into competent and successful CFOs. Before hiring an Outsourced CFO, make sure they have the right stuff.
An Experienced CFO Should Have These Credentials, Background and Skills
Certifications such as CPA, CGMA, CMA etc.
Education - a bachelor’s degree and usually and advanced business degree such as a Masters or MBA.
More than 10 years of experience in the role of CFO.
Executive level communication and leadership skills.
Broad Based Skill Set - Download our free white paper “Essential Skills Required for CFOs”
Download our free white paper on the Benefits of Outsourced CFO Services
The Most Common Outsourced CFO Services We Provide Our Clients.
Improve Financial Reporting
The number one frustration we hear from businesses executives is the financial closing process takes too long and the reporting is lacking insight and useful information. We understand the need for TIMELY, ACURATE and USEFUL INFORMATION. Through process review and redesign to gain efficiencies we can shorten the closing process time frame and redesign financial reporting to provide meaningful data visualization dashboards to see key trends over 24 months, incorporating key performance metrics (KPIs) that drive financial results, so you have the information needed to steer performance in a timely manner.
Recapitalization & Fund Raising
Strategic Planning and Growth Strategies
Financial Project Management and Analysis
Financial Forecasting and Budgeting
Cash Flow Management and Forecasting
Valuation, Value Growth & Exit Planning
Mergers and Acquisition Advisory Services
Accounting Department Restructuring and Staff Training
Audit or Review Preparation and Success
Inventory Management and Controls
Interim CFO Services and Continuity
Systems and Software Implementation
Overall Financial Management and Guidance
Accounting Clean-up Projects