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How Does a CFO Add Value?

How Does a CFO Add Value?

by Jill Tavey | Dec 16, 2020 | About, Chief Financial Officers, Financial Strategy, Fractional CFO Services, General Business

CFOs are high-level, strategic experts who optimize financial resources in a company while using those resources to achieve company goals more efficiently and effectively. Unlike bookkeepers, controllers, and accountants whose primary functions are rear-facing,...
6 Reasons SaaS Companies are Choosing Outsourced CFO Services

6 Reasons SaaS Companies are Choosing Outsourced CFO Services

by Mikelle Despain | Nov 4, 2020 | Business Growth, Chief Financial Officers, Fractional CFO Services, Tech/SaaS

It’s becoming increasingly common to see companies turning to an outsourced CFO instead of a traditional in-house CFO. This is especially true for the dynamic, high-growth SaaS industry. SaaS companies are finding that outsourced CFOs specializing in SaaS are often...
5 Common Pitfalls When Financing Inventory

5 Common Pitfalls When Financing Inventory

by Troy Skabelund | Jan 8, 2020 | Financial Strategy, Fractional CFO Services, General Business

On September 25, 2019, Troy Skabelund presented a webinar for Navigator Business Solutions to discuss 5 common pitfalls many businesses make when financing inventory. These issues, he explains, are often blind spots to businesses that hold inventory. In this webinar,...
What is a Virtual CFO?

What is a Virtual CFO?

by Mikelle Despain | Dec 27, 2019 | Financial Strategy, Fractional CFO Services, General Business

What is a Virtual CFO? A virtual CFO is an off-site, part-time CFO providing high-level financial strategy services. A virtual CFO will help with financial forecasting, systems optimization & reporting, maximizing profits and shareholder growth, preparing for...
How Much Does a Fractional CFO Cost?

How Much Does a Fractional CFO Cost?

by Mikelle Despain | Sep 23, 2019 | Business Growth, Chief Financial Officers, Financial Forecasting, Financial Strategy, Financial Systems, Fractional CFO Services, General Business

On average, fractional CFO costs $3,000/month to $10,000/month. The most common agreements are between $5,000-$7,000/month for most small- to mid-sized companies. The cost of a fractional CFO depends on the scope of work provided, the size and complexity of the...
4 Mistakes Software Development Companies Make that Hurt Profitability—and How to Fix Them

4 Mistakes Software Development Companies Make that Hurt Profitability—and How to Fix Them

by Shawn Capistrano | May 19, 2019 | Financial Strategy, Fractional CFO Services, General Business, Tech/SaaS

4 Mistakes Software Development Companies Make that Hurt Profitability—and How to Fix ThemSoftware development & tech CFO, Shawn Capistrano, discusses some of the most common financial mistakes software development companies make—and how to resolve them to improve...
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ABOUT US

Preferred CFO is a high-level fractional, outsourced CFO firm. With a “forward-looking” financial strategy, we help organizations implement a higher level of forecasting, budgeting, cash management, and financial strategy. Our goal is to help companies move the needle by scaling and accelerating growth, optimizing resources, overcoming obstacles, and maximizing shareholder value.

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