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Outsourced CFO Services: By Any Other Name

 
  Arthur F. Rothberg, Managing Director, CFO Edge, LLC  
   
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  Article Summary  
More Los Angles and Southern California business leaders are engaging outsourced CFO services firms to help improve financial performance, drive greater profitability and increase shareholder value.

If you Google "outsourced CFO services," you’ll see them described under many names: contract CFO, temporary CFO, part-time CFO, or virtual CFO. You may wonder, what’s the difference? The short answer: Basically nothing.

But there are many significant differences between the types of firms offering these services, as well as the experience and expertise of their professionals.

This article describes five key criteria and capabilities to look for when considering a CFO services firm.

While Los Angeles and Southern California executives can gain many benefits by engaging an outsourced CFOs services provider, not every firm that calls itself one can draw on formerly-seated CFO experience to deliver the highest level of results. Conduct your due diligence in a way that assures you’re working with a professional with a proven track record and many years of experience working as a seated CFO at a public or private company.

You may also be interested in our complimentary white paper:

Outsourced CFO Services: When Do They Make Sense for Your Business?

     
     
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