What is a Fractional CFO?

Understanding The Role of Fractional CFO

A Fractional CFO is an extension of your executive team who builds a long-term relationship with your organization, learning every facet of your business to leverage their extensive experience to improve financial performance and develop/execute strategies for growth. Companies of any size or industry can benefit from working with a Fractional CFO – gaining high-level expertise without the cost or commitment of a full-time employee.

What Does a Fractional CFO do?

After a Fractional CFO joins a company, they embed themselves in the operation, creating relationships with the existing team. While every business situation and needs are different, examples of offered services include:

• Financial planning and budgeting

• KPI forecasting

• Mergers and acquisitions

• Exit strategies

• Startup and growth management

Why Businesses Need a Fractional CFO

When you have a cavity, you go to a dentist, right? No one tries to fix that themselves, you contact an expert. The same is true for financial services. As a business owner, when you hire a Fractional CFO, you have access to Fortune 500 talent to help you at whatever phase your company might be – launch, expansion or sale.

Take the first step towards financial clarity with Claris.