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The CFO’s Secret Weapon: An Outsourced CFO

 
  Arthur F. Rothberg, Managing Director, CFO Edge, LLC  
   
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  Article Summary  
The CFOs of most Los Angeles and Southern California businesses juggle a lot of balls and wear a lot of different hats.

As a part of their big-picture oversight roles, CFOs are responsible for managing myriad different financial functions. Sometimes, though, CFOs become so engrossed in day-to-day tasks and responsibilities - or face critical deadlines that challenge current bandwidth - that they may look for high-level, financial expertise for a defined project over a specific period of time. This is where the assistance of an outsourced CFO services firm can be especially valuable.

Posed are five questions to help determine if an outsourced CFO can be an asset. Also reviewed are three broad areas in which an outsourced CFO can deliver valuable support.

Many companies have turned to outsourced CFO services providers to deliver high-level, strategic financial expertise within a flexible framework and environment. Such expertise can help improve overall financial management and profitability and increase shareholder value.

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