What Does a CFO Do?

QuantumCFO provides professional financial management services to smaller or mid-sized businesses that are not normally available or affordable to them. 

Acting as a part-time CFO, we help companies improve their reporting, controls, decision-making, and more on an as-needed basis.  So, whether you need a short-term project or a long-term solution, our model can meet your needs.

Working closely with the business owner/executives, CFO professionals provide strategic expertise and financial leadership to drive business income and growth, such as:

• Overseeing budgets, cash-flow and taxes.
• Creating financial models.
• Raising capital.
• Restructuring debt.
• Developing business partnerships.

In order to understand the benefits of outsourcing CFO services, it is important to first understand what a CFO does.

Financial and Risk Management

A CFO protects the vital assets of the company by properly assessing and managing financial risks.  A CFO oversees the capital structure of the company in order to determine the optimum mix of debt, equity and internal financing required to meet the company’s objectives.

Operational Efficiency

A CFO keeps a keen eye on the efficiency of operations in order to maximize the return on investment of the company’s assets.  This is done through financial planning and analysis; budgeting, forecasting, increasing revenue, reducing costs and minimizing taxes.  Key Performance Indicators (KPI) are developed, instituted and monitored on an ongoing basis to assure all operations are profitable.  A thorough knowledge of the organization’s business model and an understanding of how its systems and processes drive customer value in measurable ways are imperative.

Increased Profitability

Outsourcing financial management allows owners/executives to concentrate limited resources on their core business so they can be more profitable.  Owners/executives will be able to spend more time focusing on their strengths, e.g. with their customers, so they can offer them a higher level of service.

Strategy Development

A CFO is a vital part of a long-term strategy development team, to assure the company’s financial and business goals are in alignment.

Better business decisions faster

The ability to provide higher quality financial information faster, more efficiently and with greater effectiveness is crucial.  Working with a CFO will yield more reliable financial information to make better business decisions in less time.  Missing critical business opportunities because you are not able to access necessary, reliable financial information puts a company at a distinct disadvantage in today’s hyper-competitive marketplace.

Reduced Costs

Requiring less time for financial functions will allow you to focus spending on your main business purpose.  Owners/executives can pick and choose only the types of services they really need from their outsourcing CFO partner.

Sustainable Benefits

The strategies, systems and processes developed by the outsourcing CFO will reap ongoing benefits to a company, providing greater efficiency, reliability and profitability.

Creative solutions

A CFO can develop creative approaches to addressing hurdles and roadblocks to the company that otherwise would be unaffordable.

Network of professionals

QuantumCFO maintains a network of professionals in all business areas, to assist in meeting any need a company may have.