CFO Support Solutions – A virtual CFO or vCFO stand for virtual or part time chief financial officer. A virtual CFO is an outsourced service provider offering high skill assistance in financial requirements of an organization, just like a chief financial officer does for large organizations. Instead of going to the trouble (and expense) of hiring, training and bringing someone with these qualifications into your organization, you’re getting access to someone who can handle all of this remotely on a schedule that works best for all involved.

The number of startups has ballooned in the past decade, with technology paving the way for more entrepreneurial activity than ever before. Limited capital and a lean operation are typically some of the defining characteristics of startups; as such, the need has grown for a way to work with niche professionals, like marketers, strategists and accountants, at an affordable cost.

More Effective CEO’s

A part time CFO means: you will have better information on which to base your important decisions; you will have a trusted and skilled advisor to help you make those decisions; and, you will have more time to spend growing your business.

Quality vs Quantity

You definitely want your company to have financial management that is experienced, skilled, insightful, and able to see the big picture. That kind of talent is expensive. But think about it. Your company does not need access to that kind of talent every day. A part time CFO means you can have the quality talent you want at a fraction of the cost.

Trust

A part time CFO means that this key role is held by someone who is focused on you hearing what you need to hear. He has no competing agenda. He is not guarded in his comments. He is not concerned about losing his only source of income. He has other clients. He is a professional consultant who just happens to have an intimate understanding of your company.

Simplicity & Convenience

Who needs another full time employee? A part time CFO means no W-2 salary, no raises, no bonuses, no health insurance, no payroll taxes, no fringe benefits, and no employee hassles. A part time CFO also means no long term contract. Our relationship lasts only as long as it makes sense for your company.

Peace of Mind

How many sleepless nights and other waking hours do you spend wondering if: your financial reporting is accurate; your financial staff is doing what they should; their analysis is giving you the best perspective on your operations; they are missing something? A part time CFO means you can sleep at night knowing your company’s financial functions are well managed and providing you the information you need.