To gauge and measure an individual’s success in any job, there must be specific and measurable goals and objectives for the position. The chief financial officer position is no different. But as the role and responsibilities of CFOs has continued to grow and evolve, it has become more difficult to measure...
In today’s ever-changing financial environment, the role of the chief financial officer has become particularly vital. Working closely with the CEO, CFOs possess particularly keen insight into financial and strategic matters that permit them to play a key role in planning a company’s future growth. In fact, as a CFO, it...
Throughout this series of articles, we have described how companies can benefit from engaging an outsourced CFO services firm to help them accomplish a wide range of financial tasks. We conclude the series with a look at three companies where CFO Edge chief financial officers were able to engage...
“Begin with the end in mind.” This time-tested advice holds true in most areas of business, and of life in general. It’s especially good advice for any CEO who is considering engaging an outsourced CFO services provider. Before entering into such an engagement, you should think carefully about the outcomes you hope...
Before engaging the services of a consultant, most business owners and CEOs will want to learn as much as they can about the particulars of the client-consultant working relationship. This is especially important when engaging an outsourced CFO services provider, given how closely the CFO will be working with...
Engaging a CFO services firm is a big step for any company. It requires a serious commitment of resources, from both a financial and time perspective, so it’s not a step that a CEO should take lightly. As they weigh the costs and benefits of hiring a CFO services firm,...
As we discussed in an earlier article in this series, one of the first things a business owner or CEO should do before engaging a CFO services firm is establish a clear business case for doing so. The next step is to identify the areas of the business...
As we have been discussing in this series of articles, businesses that lack a high degree of financial sophistication can often improve financial management by engaging an outsourced CFO services firm. The potential benefits of bringing in a CFO services provider are many, including improved profitability, increased shareholder value, and...
Engaging an outsourced CFO services firm can result in many potential benefits for a company—especially one that doesn’t have a high degree of financial expertise on staff. This lack of high-level financial sophistication can keep companies from realizing critical goals like improving profitability and increasing shareholder value. A savvy CEO, however, will...
Businesses that lack a high level of financial expertise and sophistication sometimes turn to an outsourced CFO services firm to help them improve financial management. Such providers support CEOs and CFOs by delivering high-level financial capabilities to businesses that need them in order to achieve the key goals of...