Definition
A fractional CFO is a part-time or outsourced Chief Financial Officer who provides high-level financial guidance and strategy to businesses, typically on a contract basis.
Related Services
Outsourcing, financial consulting, and accounting services provide fractional CFOs to help businesses with strategic financial management.
Problem and Application
Hiring a fractional CFO can be cost-effective for smaller companies, but finding the right expertise and ensuring clear communication are key challenges.
Conclusion
Fractional CFOs offer valuable financial leadership to businesses that need expertise without the cost of a full-time executive, driving financial growth and strategy.
