There’s no end to the talent crunch in sight, and more and more organizations are exploring innovative ways to meet business needs. One gaining traction fast is the fractional CFO/fractional Controller model.
Fractional Accounting Benefits
The fractional model allows businesses and non-profits to acquire the same advice that you’d get from an internal CFO at a lower cost – without the overhead of taking on another full-time resource.
Another great benefit of the fractional model is the depth and breadth of knowledge and insight the CFO has gained from working with other clients and industries. Turnover is also no longer a concern because the outsourcing provider carries the responsibility for providing coverage to meet the client’s needs.
For the fastest-growing organizations, the fractional accounting model means senior leadership can spend less time on finance and reporting matters, and more time focused on strategy, growth, and scaling operations.
Is the Fractional Services Model Right for You?
Working with the Barnes Dennig fractional services team often looks like this:
- Discovery period that uncovers the tasks, responsibilities, and talent that will best serve your organization
- A custom-built plan to deliver your needs and achieve your organizational goals
- A right-sized relationship with value-added, fractional team members
- A newfound confidence that your advisory and accounting needs are being fully met
