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Three Benefits of Working Virtually with a CFO Services Provider

 
  Arthur F. Rothberg, Managing Director, CFO Edge, LLC  
   
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  Article Summary  
Some Los Angeles and Southern California business owners and executives believe that bringing in a professional delivering part-time or project-based CFO services means that all interactions need to occur face-to-face.

This, however, is a well-worn myth.

It is both possible - and even advantageous sometimes - for a CFO professional to work virtually.

This article looks at virtual working and three primary benefits in areas of efficiency, financial file access, and physical space utilization. Also reviewed are examples of virtual technology tools that support working remotely.

Today's virtual B2B financial services world supports taking full advantage of the services of a CFO services provider with remote working delivering greater efficiencies that can translate into significant cost savings.

Certainly parts of an engagement are best handled with face-to-face meetings with executives, their team members, and the CFO.

But the need for the professional to be onsite during an entire engagement - and thereby requiring that professional to be in the same city or nearby - has been replaced by more efficient and cost-effective ways of virtual working.

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