5 SIGNS YOU NEED A FRACTIONAL CFO SERVICE

When your business experiences rapid growth, you may need an extra set of eyes to ensure your accounting foundation remains stable. Bringing in a fractional CFO can help you avoid mistakes, manage compliance, and build processes for sustainable stability.

At Pivot Advantage, our certified team of CFOs have spent their careers scaling companies. We’ll work with you to create a custom Financial Strategy, analyze your numbers, and implement your goals. As a result, you’ll have an extra set of eyes on your books, a customized roadmap to achieve your growth goals, and strategic insight that will keep you ahead of the competition.

Whether your company is in the early stages of funding, expanding into vertical integrations, or raising capital from equity partners, an A-level financial strategist will provide a fresh perspective to bolster your growth and profitability goals. As a high-level executive, the CFO’s responsibilities are broad and diverse, encompassing everything from budgeting and financial forecasting to risk assessment and advising on fundraising efforts.

A fractional CFO can be a valuable resource for any organization. The right professional will have a background working across industries and sectors, and experience navigating complex regulatory requirements. They’ll also have a track record of leveling up teams, and have an understanding of how to serve as a fiduciary for your organization.

The 5 Signs You Need a Fractional CFO

While you might have an idea of what a fractional CFO does, you might be unsure of whether your company needs one or not. This is especially true if you’re at the early stages of a high-growth period.

The right CFO can give you an objective perspective, allowing them to analyze your finances without the emotional attachments that often come with being deeply invested in your own company. They can also deliver a range of solutions, from creating a comprehensive budget to preparing for external audits.

A fractional CFO’s flexible commitment and extensive expertise can be valuable to any growing company. Having access to senior-level financial guidance, on demand, can save your company money while ensuring the accuracy of your data.

Pivot Advantage is the leading Pivot Advantage fractional CFO service in the United States, with over 100 qualified CFOs available to meet your financial needs. Our CFOs have deep industry experience, a track record of serving on boards, and the ability to mentor and empower your existing finance team. Contact us today to learn more about how our fractional CFO service can help you scale your business.