B2b cfo deals with various company types, from startups to private equity-backed firms. Recent years have seen the demand for outsourced cfo services rise sharply for several reasons. Bringing in an external cfo allows startups and smes (small to medium-sized enterprises) to quickly scale their operations when they may lack the skills internally. Shifts in technology and remote work culture facilitate companies hiring internationally, looking for particular expertise or a new perspective. Whatever the reason you’re looking to hire an external cfo, here are the top five outsourced cfo companies of 2023.

As they typically work with anywhere from three or four clients to up to eight clients, their pricing model needs to reflect not only the value they provide but also the time they  can allocate to each client. We will focus on your foundational accounting systems, internal processes and policies, and cash flow forecasting to “supply” your journey to the summit. Often at the behest of the ceo or board, we provide mentoring and coaching to board members and across the c-suite based on the gravitas of our partners. Long experience at the senior executive level gives us the credibility and perspective to be an effective advocate and mentor for rising executives. External financial reporting (including sec), ipo readiness and execution, debt offerings,  sox compliance, and back-office stand up.

Instead, it is probably worth it to bring on a fractional, senior financial professional. A part-time cfo or experienced accounting cpa firm is a much better fit for most seed and series a startups because they allow you to lower costs without sacrificing quality output. Providing financial expertise and control, as well as best practice knowledge, complementing your internal expert pool. Efficient representation of the finance function in internal  projects with end-to-end view (e.G. Erp projects including selection support, process change projects, organisational change projects).

Flg provides the finance expertise you require on an interim or fractional basis, scaled to match your needs as they change, analogous to the way you use outside legal counsel. They engaged us to help their acitivities with a part-time cfo, who can manage these tasks as well as support in buliding appropriate and compliant processes for the future. Cfo search consultants source and place exceptional, highly qualified talent for businesses’ chief financial officer needs.

Their unique value point lies in ensuring accurate and efficient back-office management. Their Start a Fractional CFO Consulting Firm hallmark is their ability to provide experienced professionals on a flexible basis. Focuscfo empowers business owners with fractional cfo services, thus enhancing your financial control and freedom. We empower you to confidently make bold decisions to implement companywide strategic shifts, including growing and selling your business to maximize your value. We set startups up for fundrising success, and know how to work with the top vcs. Jonathan grant, vp of finance & operations, explains how osano helps companies manage their website privacy programs and maintains compliance.