FRACTIONAL & PART-TIME CFO SERVICES
CHARLES RIVER CFO
We are pleased to provide fractional and part-time CFO services. Our experienced CFOs can help your organization manage its finances without the cost or commitment that comes with a full-time, in-house CFO.
What Does a Fractional CFO Do?
A fractional CFO will work closely with your CEO, management team, and Board of Directors on strategic business issues. Whether it is overseeing the accounting function, providing strategic financial counsel to the CEO, or managing external relationships, you can trust them to provide the expertise and guidance your organization needs to achieve and maintain financial success.
Benefits of Fractional CFO Services
Our fractional CFO services reassure employees, creditors, suppliers, banks, auditors, and investors. This will make it easier for you to attract better people, secure more favorable terms, and improve your operations.
A fractional CFO may be just what you need to take your business to the next level without full-time financial commitment. They can offer innovative solutions to help you overcome financial challenges, fine-tune your accounting strategies, and expedite growth.
When to Invest in a
Fractional CFO
If the following situations apply to your organization, you’re likely a good candidate for our fractional CFO services.
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You’re a mid-level organization needing CFO services but can’t justify the expense of a full-time CFO on your payroll.
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You’re focused on a specific project that requires specialized financial expertise, such as a sale or merger preparation or raising debt funding.
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You are a start-up firm that has advanced beyond the basic accounting functions and needs the expertise of a senior financial advisor on a part-time, regular basis.
What is the Difference Between Fractional, Interim, and Contract CFO Services?
A fractional CFO is a strategic financial partner who works part-time regularly. It is a way to access senior expertise cost-effectively. With our cloud-based technology stack, Charles River CFO can offer fractional CFOs to a wide range of firms in life sciences, high-tech, manufacturing, banking, general business, and nonprofits.
An interim CFO is typically a full-time financial consulting position retained for the transition period between a person leaving the CFO job and the search and hiring of a new CFO.
A contract CFO is a general term indicating a non-permanent position that may be part-time or full-time for a short time.