In this article from Accounting Today, you’ll learn how a fractional CFO, also known as an outsourced or part-time CFO, provides financial management and strategic guidance to a company on a part-time or project basis. Unlike a full-time CFO, a fractional CFO is hired as an external consultant to address specific financial needs. This is especially beneficial for smaller businesses or startups that may not have the resources to hire a full-time CFO. Hiring a fractional CFO offers the expertise and guidance needed to navigate complex financial challenges, make informed decisions, and drive growth, without the costs of a full-time executive.
