Fractional CFO Services to Help You Lead with Confidence
As your business evolves, you need strong strategic advisory to guide your next steps. Whether you’re looking to increase profitability, attain financing or navigate a transition, a part-time CFO offers years of experience and the consulting needed to help you lead the way.
<img decoding=”async” src=”/wp-content/uploads/2023/01/slim-horiz-swirl.png” alt=”Paro Business Finance Experts” title=”Paro Business Finance Experts” />
STRATEGIC ADVISORY & CFO SERVICES
Fractional CFO Services to Help You Lead with Confidence
As your business evolves, you need strong strategic advisory to guide your next steps. Whether you’re looking to increase profitability, attain financing or navigate a transition, a part-time CFO offers years of experience and the consulting needed to help you lead the way.
Move your business forward with outsourced CFO services.
“It’s allowed me to now spend 60% of my time focusing on the business, and out of the weeds of the day-to-day.”
– Steven Liebezeit, CEO, InRange Solutions
✓
CFO consulting on your terms – Augment your team or outsource finance and accounting at a fraction of full-time or big-firm costs.
✓
20x more efficient – AI-matching technology gets you the right person in days, not weeks, vs. traditional recruiting.
✓
Elite fractional CFO advisors – We accept less than 2% of applicants—many hailing from Big Four, Fortune 500 and top CPA firms.
An experienced fractional CFO provides the skills and knowledge to secure funding, enhance efficiency and develop a competitive edge. Increase your strategic bandwidth and close knowledge gaps with immediate value from trusted advisors.
TRUSTED BY BUSINESSES LIKE YOURS
FINANCIAL STRATEGY
Plan and execute for success with expert outsourced CFO services.
Build your roadmap for the short and long term. Paro fractional CFOs experts bring decades of experience and strategic vision directly to your business.
The benefits of CFO consulting for fine-tuning your growth strategy.
Whether creating a 3-year or 10-year plan, a fractional CFO has the industry knowledge and data-based mindset to help you perfect your strategy and achieve your long-term goals.
Enhance your competitive edge: CFO services help you understand your strengths, weaknesses and key differentiators to focus your resources on your most competitive areas.
Drive decisions with data: Get market and customer insights, as well as financial analysis, from an expert to guide decisions and enter the market with confidence.
Maximize productivity: A fractional CFO provides unbiased analysis in analyzing competitive threats and risks to help you find opportunities for greater long-term efficiency.
Explore and assess your go-to-market strategy for a successful launch.
✓
Find opportunities to reduce costs, increase revenue and preserve value.
✓
Define long-term milestones to achieve your biggest goals.
✓
Understand your company’s SWOT framework to determine your advantage.
RELATED RESOURCES
The Best Partner to Your Go-to-Market Team Is a Strategic CFO read more
Addressing Common Pitfalls in Your Turnaround Strategy read more
Part-Time CFOs Bring Unique Value for Businesses read more
BUSINESS OPERATIONS MANAGEMENT
Get CFO consulting from a leader who can reach across the table.
Financial strategy hangs in the balance of your operations. Facilitate cross-functional alignment, from managing investors to external auditors, with the help of a part-time CFO services.
How Paro’s CFO services can help you build more economical operations.
Paro’s outsourced CFO services bring the agility and flexibility needed to streamline operations, maximize efficiency and improve profit margins
Leverage technical acumen to improve operations: Get expertise in ERP, CRM and inventory management systems to improve operational performance.
Minimize disruptions from turnover: Maintain continuity in your business with financially sound investments in your organization’s key players.
Remove waste and redundancies: With elite skills in financial analysis and cash projections, your business can identify costly snags in operations, whether it’s excess inventory, poor headcount planning or supplier issues.
Ensure your financials are ready for investor eyes.
✓
Perfect your compensation strategy and retain your top talent.
✓
Trust that you’re compliant with revenue recognition oversight.
✓
Appease your stakeholders while boosting ROI.
RELATED RESOURCES
Why Finance Should Play a Role in Improving Your Employee Retention Rate read more
Best of Both Worlds: Making the Case for the CFO-COO Role read more
Why Every Portfolio Company Needs Powerful Finance Operations read more
CURRENT STATE ASSESSMENT
Expert CFO advisory on your risks and your potential.
Work smarter, not harder, for the outcomes you want. Outsourced CFO services offer a fresh set of eyes to pinpoint opportunities for improvement and greater efficiency.
Engage top industry expertise to find your next opportunity.
A current assessment helps ensure your company’s production is aligned with your long-term objectives. Paro CFOs bring varied business experiences and industry knowledge to analyze your key business areas and find improvements.
Keep a laser focus: Allocate resources to your most profitable areas or the ones that need the most improvement. A fractional CFO can see the opportunities you may be missing.
Boost your performance: Paro CFOs know your industry’s benchmarks, so you can pinpoint deviations between your internal KPIs and industry standards—then bridge the gap.
Protect your business from external threats: Analyze market risks and other threats that can impact your business and build an actionable plan to hold your position in the market.
Get recommendations to streamline your finance and accounting function.
✓
Differentiate your model and find gaps to seize new opportunities.
✓
Take advantage of industry expertise on key competitive benchmarks.
✓
Find ways to increase your spend efficiency and free up cash flow.
RELATED RESOURCES
Fractional CFO Leadership Sets Business on Path to 2x Revenue While Saving Nearly $500K read more
CFO Tips to Preserve Business Value and Avoid a Down Round read more
Small Business Cash Flow Management: Actions to Jumpstart Growth read more
TRANSACTION ADVISORY
Go boldly into the next stage of your business with outsourced CFO services.
Be ready for the next stage with solid financials and a view of the competitive landscape. Maximize your value in an exit or merger & acquisition with strategic CFO advisory.
How our flexible solutions can help your transaction succeed.
Using comprehensive financial modeling and a strong understanding of business valuation techniques, our CFO consulting services offer industry-specific prowess to enhance your negotiation leverage.
Conduct strong due diligence: Our experts assess opportunities and future value drivers based on the competitive landscape and your position. Identify target product lines, service offerings and geographical footprints accretive to your organization.
Maximize value in an exit: Prepare your business with defensible financials and strategy—e.g., exit goals, price targets and timelines—before an interested party calls. Optimize financial and leadership conditions as you plan your exit.
How to Find the Right Interim CFO for Your Business read more
Buy-Side Due Diligence Assessment Leads to $20M+ Investment read more
STARTUP SERVICES
Financing made easy with fractional CFO services for startups.
When pursuing equity or debt financing, Paro’s outsourced CFO services for startups are designed to help you direct your time and energy where you’re most effective.
Why you need a growth partner to support you as you scale.
A prominent challenge you face as a startup is raising capital, but successful fundraising brings new challenges. Our strategic advisory and CFO services help you keep momentum by managing the confidence of your board and optimizing operations to contend with growth.
Get data-driven: By improving your forecasting and data visualization capabilities, a fractional CFO can set you up for quick decision making and insights for your board.
Tighten your belt: Growth at all costs no longer works. Our outsourced CFO services help your startup stay lean while focusing your KPIs and your operations to improve profitability and unit economics.
Frequently Asked Questions About CFO Strategic Advisory Services
A fractional CFO is one type of outsourced financial executive. They are experienced executives who provide services on a project or recurring basis. The Fractional CFOs offer businesses the flexibility to find the right expertise for their specific growth stage and goals at a fraction of the cost of a full-time executive.
An interim CFO is a strategic advisor who temporarily works with a business, typically full-time, to help a business maintain continuity during a transition in leadership. Interim CFOs can also be hired when a business can’t yet justify a full-time CFO in order to provide dedicated leadership during a special project or transaction.
Interim CFO services can include everyday financial management and strategic advisory, as well as support during major initiatives, such as a capital raise, a merger & acquisition or a turnaround.
Some of the services a CFO offers are:
Fundraising: Guide venture funding or raising debt to finance growth, developing pitch decks, financial modeling, completing due diligence
Market expansion: Do competitive research to decide which markets to expand into to maximize return on investment.
Financial growth strategy: Decide which projects to undertake and assess business initiatives to develop a long-term plan.
IPOs and exit strategy: Create a strategy for going public or selling the business.
Cash flow management: Create a sustainable plan when a company’s growth outstrips its capacity to produce, fund operations or reinvest.
Finance department management: Oversee, mentor and strategically hire finance and accounting personnel.
An outsourced CFO is a financial executive sourced outside of the company. They can be working on a project basis, also known as fractional CFOs, or functioning as dedicated interim CFOs during a leadership transition.
Outsourced CFO services are often provided through an accounting or consulting firm or through a third-party talent marketplace. These remote services are similar to what a traditional CFO would provide, such as financial strategy and planning, fundraising or assessing operational efficiency and opportunities for cost reduction.
The cost of an outsourced CFO varies based on a company’s needs and the experience and skills of the professional. Cost can be on a fixed or hourly basis, and can cost a business anywhere from a few hundred dollars to a few thousand dollars in a month. However, businesses don’t have to pay for benefits or other full-time costs, such as training and onboarding.
The cost of a part-time CFO is similar to that of an outsourced or virtual CFO in that you won’t have to pay the costs associated with full-time employment. However, you can expect to pay several hundred dollars per hour for a highly experienced CFO, and the cost can be well worth it for the long-term benefits to your business.
Virtual CFO services include the typical duties of an in-house CFO, but they are performed by a remote hire. These include funding procurement, overseeing financial operations and growth strategy, as well as many other duties. Virtual CFO services allow businesses to tap into the best available talent across the country rather than be limited to local talent pools.
Manage Cookie Consent
By continuing to use this site you agree to our Privacy & Cookie Policy.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.