CFO Outsourcing is a growing trend in the financial industry.  Many small to mid sized companies do not need a full-time top tier in-house CFO, but do require the talents, expertise, experience and guidance of a senior level chief financial officer on a consistent part-time basis.  For start-ups or small to medium sized businesses, this need can be addressed on a contract or retainer basis at the scale required. Temporary needs can be met with targeted engagements, usually lasting 3 to 12 months.

Typically, companies hire outsourced CFO’s for one of four reasons:

1. The organization is growing and becoming more complex, but can’t afford a full-

    time CFO,
2. An executive is sick or has left and an immediate or temporary replacement is

    needed,
3. The company requires the services of an executive for a finite period of time, or
4. Specific projects arise such as implementing a new accounting software package

    and the company does not have either the time or expertise to accomplish

    the task without outside help.