A fractional CFO is a financial expert with considerable experience in high-level corporate finance roles. They provide the same advanced financial strategy services as a traditionally employed CFO, but on a less-than-full-time basis.
A fractional CFO’s responsibilities are broad, fluid, and usually focused on filling needs that a company’s financial team doesn’t have the experience or time to handle. For example:
- A company is facing financial challenges that require the savviness and vision of a senior-level financial expert.
- A growing business needs financial services that its existing financial team can’t provide.
- A company is looking for expert advice on controlling expenditures, raising capital, preparing for an acquisition, or implementing a new system.
- A business needs help establishing budgets that align with its growth plans.
The skill, experience, and services of a fractional CFO are incredibly beneficial to a small or mid-sized organization eager to compete against more prominent companies. If you’re looking to even the playing field, Boris Benic and Associates can help. Our team has over 50 years combined experience in providing temporary CFO / Controller services. We have a proven track record in bringing companies to the next level and providing financial order and organization to the structure. We welcome the opportunity to discuss our success stories with you. Please reach out for more information.