OUTSOURCED CFO SERVICES
Preferred CFO's outsourced CFOs & controllers have decades of experience developing successful financial strategies. Our CFOs are experienced in working with organizations of all sizes, industries, and stages of growth.
Explore our specialties below or contact us to learn how Preferred CFO can help your organization achieve its goals faster.
Hiring a Fractional CFO means you're receiving the highest level of CFO expertise without the in-house cost of a comparably experienced professional. Fractional CFOs are experts at hitting the ground running to resolve challenges, elevating financial strategy, preparing for a transaction, or facilitating sustainable growth.
Preferred CFO is a full-service outsourced financial team, which means we keep expert financial controllers on staff. These controllers can augment your existing financial team or play a key role in an outsourced team. Our financial controllers support your financial strategy, prepare reports, close books, and can help troubleshoot challenges when needed.
Preferred CFO is the most experienced CFO team in the country. Whether you want to optimize your financial strategy, sieze an opportunity, overcome a challenge, or prepare for growth, we can help. Our virtual CFO team brings full-time, or part-time CFO expertise, strategy, and planning to help your company achieve its goals.
Raising capital can be stressful, but Preferred CFO can help get you in the door and make the process go more smoothly. We bring experience, strategy, and clout to your organization. Our capital raising experts have helped raise hundreds of million dollars and are highly respected in the industry.
Cash Flow Issues
If your company is currently experiencing cash flow issues such as tight margins, high expenses, inventory tying up cash flow, or high accounts receivable, our fractional CFOs can help. Our CFOs are experts at strategizing spending, making cost cuts, analyzing contracts, and optimizing financial systems.
If you don't have an up-to-date financial forecast our fractional CFO team can help. Our CFOs have developed hundreds of long- and short-term financial forecasts for companies of all sizes & industries. A financial forecast can cut costs, save waste, and help you achieve your growth goals faster & more efficiently.
Your organization can achieve new heights with a strategic CFO financial strategy consultant. Our expert financial advisors work with your existing team to elevate your financial strategy, overcome challenges, prepare for growth, or facilitate change. Tap into our expert CFO advisors & consultants today.
Preferred CFO understands the importance of maintaining accurate, up-to-date financial records. Our outsourced bookkeepers can help support financial strategies developed by our fractional CFOs, augment existing teams, or can play an external part-time bookkeeper role for your company.
In business, everything is operations. Our systems consultants have optimized financial & operational systems for decades. Cut fat, optimize efficiency, and upgrade your legacy systems to align with your modern goals. A systems upgrade can save you time & money while preparing you for scalable growth.
Talk to an Outsourced CFO Today
Contact us to speak with one of our CFO experts. Schedule a free financial consultation or discuss how an outsourced CFO can help your company achieve its goals faster.
What does Preferred CFO’s tagline “The Confidence of Knowing” mean? Every major business decision is based on information—historical data, projections, evidence, industry experience, and so on. At Preferred CFO, our CFOs are data experts. Their experience and knowledge eliminates blind hope and “best guesses.” It moves your business away from “hope for the best” and toward knowing exactly how to get where you want to go.
MEET YOUR OUTSOURCED CFO TEAM
Our team consists of some of the top Virtual CFOs and Systems Advisors in the industry. These experts are supported by our team of virtual controllers and bookkeepers to implement and support your strategic financial initiatives.
Founder & Managing Partner
Jerry Vance is the founder and managing partner of Preferred CFO. With nearly 2 decades providing CFO consulting services to over 300 organizations, Jerry is one of the most experienced outsourced CFOs in the United States. Jerry specializes in forecasting, equity fundraising, cash flow diagnosis and solutions, and strategic advisement.
K. Scott Crawford
Partner & Business Development
Scott Crawford is an experienced business development expert and client experience specialist. His role at Preferred CFO is to develop new business relationships between Preferred CFO and strategic partners, as well as to work directly with CFOs and clients to ensure the company's clients have an optimal value experience.
Partner in Residence
Troy Skabelund has served as CFO and Systems Expert for organizations of all sizes and industries for over 20 years. He specializes in systems with experience in both proprietary and 3rd party solutions. Prior to joining Preferred CFO, Troy served as CFO for private and public companies, including 12 years at the Walt Disney Company.
Michael Flint is an experienced CFO with over 20 years in financial management. His expertise includes budgeting and forecasting, business process and systems improvement/automation, and technical accounting compliance. Michael is a VentureCapital.org Mentor and holds a Master's in Accounting from BYU.
Shawn Capistrano has served in senior finance and operations roles for over 20 years in various industries with companies such as EarthLink, Inc. and Activision, Inc. She has worked with multiple start-ups from conception to exit. Shawn has been instrumental in designing and building teams and streamlining financial systems.
Robert Peay is a high-level CFO with over 20 years of senior financial and operational experience in public and private companies ranging in sales from $25M to $300M with global distribution. He has excelled in consumer goods, managing liquidity transactions, raising capital, and driving increased profitability through operational improvements.
Bradford is a senior executive with over 25 years of experience in finance, accounting, administration, and operations management roles around the world. He has managed global teams and advised executives, board members, and other key stakeholders. He has also mentored hundreds of individuals at all levels, backgrounds, and areas of expertise.
Jill Tavey has over 10 years of success in finance for various industries. Her ability to negotiate & shape strategic direction has propelled multiple companies through significant growth. Her experience includes strategic planning, budgeting & forecasting, raising capital, risk mitigation, audit management, & process improvement.
Kyle is an experienced CFO with over 20 years in financial and audit management. His expertise includes financial forecasting, budgeting, and cash management. A veteran of the financial services industry, Kyle has served as CFO, COO, and Senior Auditor for organizations such as Arthur Andersen, LLP and CSI Capital Management, Inc.
Margarita Pehlke has over seven years of financial experience with expertise in accounting, record keeping, managing information technologies, compliance, and report compilation. She has mastery in multiple systems, and has experience in several industries, including government, non-profit, oil & gas, commerce, and healthcare.
Wayne Vance is an experienced CFO and finance expert with over 19 years of SaaS industry experience in both Silicon Valley and Silicon Slopes including raising over $85M in public and private funding, participating in and facilitating over 10 acquisitions, and playing a strategic role in the completion of a $1.8B sale of Omniture to Adobe.
RECENT FINANCIAL INSIGHTS & ARTICLES
Explore the latest news, articles, publications & research from our experts
Turn on the Headlights: 7 Essential Financial Tools Every CEO Needs to Confidently Accelerate Success & Growth Many businesses make the mistake of believing that financials are all about historical numbers and budgets. However, if these are the financial tools you...
We've recently seen more and more CPA firms, fractional CFOs, and financial experts advertising 13-week cash flow plans. The messaging behind these offers insinuates that this simple 13-week financial reporting document can help businesses ease the burden of financial...
On May 28, 2020, the U.S. House of Representatives approved a bipartisan bill, the Payroll Protection Flexibility Act 417 to 1. On the evening of Wednesday, June 3, this bill passed in the Senate and is now on its way to the President's desk where he is expected to...
REVIEWS AND CASE STUDIES FROM OUR CLIENTS
Industry: Entertainment, Television, Film, & Podcasting
While serving as CFO for Starburns Industries, an independent television and film studio based in Burbank, California, Troy Skabelund, current Partner at Preferred CFO, completed a complete financial turnaround, bringing the company from only $700 in the bank to financial stability with an award-winning feature film and three television series with major networks.
Smart Rhino Labs
Industry: SaaS, Technology, & Transportation
While serving as CFO for Smart Rhino Labs, a recruitment marketing company in Salt Lake City, Utah, and one of Utah’s fastest growing companies, Preferred CFO converted accounting from a cash basis to an accrual basis, developed internal financial talent, established a robust financial forecast, populated a comprehensive data room, and assisted senior executives in strategic analysis and deal evaluation. The result was more reliable financial reporting, improved financial visibility, and a successful exit with a well-aligned strategic partner.
Energy Management Corporation
Industry: Electrical Equipment Manufacturing & Installation
Preferred CFO provided a dynamic interim CFO solution that helped to streamline their sales order completion times, reduce inventory write-off, and fully utilize existing accounting staff. Our CFO was able to work closely with Energy Management Corporation's internal IT department to improve their home-grown ERP system.
"Preferred CFO had a strong influence in the successful sale of one of our business entities. Their work helped us to understand the value of each entity separately. Presenting a well- prepared and unified front to our buyers was a very important thing to us. Our assigned CFO was able to present accurate financials, articulate future expectations, and help describe where the company had been."
Diversified Management Services
Industry: Races & Events Entertainment
"Preferred CFO helped us successfully raise our first round of funding, and is currently supporting our second round. We’ve felt confident knowing that our CFO can jump on a call to field questions on our behalf. Our financial projections carry more weight with the Preferred CFO reputation. They were able to help us with a high-level solution that we would not have been able to replicate or afford any other way given the position our business was in."
Executive Director, Boys & Girls Club of South Valley
"Preferred CFO has helped save us funds in a variety of ways. Our CFO has changed vendor services not only saving dollars but improving quality and results. He reviews our short and long term financial forecast recommending ways to prevent issues. He presents information to our Board of Directors so that it is easily understood and invests time in making sure the Board is comprehending everything prepared for them."
How can we help? Fill out your information below and we will be in touch shortly
to answer your questions and discuss your business needs.
- Expert Fractional CFO Team
- Consulting CFOs
- Fractional Controllers
- Bookkeepers On Staff
- Fundraising Services
- Operational Plans & Strategy
Elevate your financial strategy, accelerate growth, overcome challenges, and maximize resources with our outsourced fractional CFO team. We look forward to working with you!
About Preferred CFO | Outsourced CFO Company
Preferred CFO is an outsourced CFO Company with a primary base in Salt Lake City, Utah, as well as additional bases of operations in California and Idaho. As an outsourced CFO company, Preferred CFO is able to offer CFO services to clients across the United States and around the world. We currently serve clients from California to Texas, Florida to Illinois, New York, and across the Eastern seaboard.
Unlike many “outsourced CFO companies” who simply act as a liaison between companies and potential CFO hires, Preferred CFO has a full in-house team of experienced CFOs with specialties in nearly every industry and at every stage of growth. We believe this adds an incomparable value-add, since we have personally vetted and handpicked every CFO on our team (not merely approved them based on a resume or phone call). Preferred CFO has a full in-house team that can support or augment any strategic finance needs, including bookkeeping and accounting, outsourced controller services, systems experts, and more.
The Preferred CFO Outsourced CFO Team has Helped Companies…
- Turnaround financial crises
- Develop systems and financial processes to better sustain growth
- Significantly improve cash flow
- Maximize profits
- Develop and execute more predictable sales cycles
- Raise hundreds of millions of dollars of capital
- Maximize shareholder value
- Navigate, negotiate, and close successful strategic exits
- and more.
For more information about our CFO services, industry expertise, and availability, contact Preferred CFO today.