Frequently Asked Questions

 CFO Shared promotes long-term relationships with our clients. We take the time to fully understand their needs and goals, and we collaborate to achieve them. The core services include communication of monthly financial reviews with comparison to plans, and cash flow projections. This helps clients make better financial decisions and meet their financial goals.

Our CFO shared can:

1. Create or improve internal financial processes and teams.

2. Work with the frontline strategy team to appropriately evaluate and price revenue potential.

3. Oversee transitory events like turnarounds and management reorganizations.

4. Step in to fill a leadership void.

5. Provide guidance on government, contract, and compliance regulations.

6. Test strategy plans based on a financial numbers perspective.

7. Put systems in place to scale up or better meet changing requirements.

8. Assist with fresh capital fundraising and the development of banking ties.

9. Participate in internal and external audits. 

There are various advantages to CFO shared services. In fact, it is the preferred method for the majority of small enterprises and nonprofit organizations since it gives the necessary financial experience at a reasonable cost. Most entrepreneurs want the assistance of a seasoned financial leader as they establish their business, and CFO shared makes perfect sense.

While having a qualified CFO on your team does not guarantee success, an experienced CFO will assist you with planning and processes such as cash flow forecasting and scenario analysis, which can considerably increase your chances of success.