Connect with us to find out how our fractional finance solutions can positively impact your business.
What services does a fractional CFO offer?
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Fundraising: Guide venture funding or raising debt to finance growth, developing pitch decks, financial modeling, completing due diligence.
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Market expansion: Do competitive research to decide which markets to expand into to maximize return on investment.
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Financial growth strategy: Decide which projects to undertake and assess business initiatives to develop a long-term plan.
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IPOs and exit strategy: Create a strategy for going public or selling the business.
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Cash flow management: Create a sustainable plan when a company’s growth outstrips its capacity to produce, fund operations or reinvest.
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Finance department management: Oversee, mentor and strategically hire finance and accounting personnel.
Move your business forward with outsourced CFO services
Whether you’re looking to increase profitability, attain financing or navigate a transition, a part-time CFO offers years of experience and the consulting needed to help lead the way.
Strategic CFO consultants on your terms
Augment your team or outsource finance and accounting at a fraction of full-time or big-firm costs.
20x more efficient
AI-matching technology gets you the right person in days, not weeks, vs. traditional recruiting.
Elite fractional CFO advisors
We accept less than 2% of applicants—many hailing from Big Four, Fortune 500 and top CPA firms.
Business Process Consulting
Curtail waste with well-oiled operations
Refine your processes across the finance function and the larger organization. A business operations consultant can help you assess your weak points to cut costs and improve cash flow. More…
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Weigh
operational performance against industry benchmarks via SWOT analysis.
- Smooth
out supply chain management with optimized contracts.
- Develop
KPIs and compensation strategies to incentivize efficiency and track
across teams.
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Fine-tune systems and workflows to remove redundancies and inefficiency.
Weigh
operational performance against industry benchmarks via SWOT analysis.
Growth Strategy
Plan and execute for success with expert outsourced CFO services
Build your roadmap for the short and long term. Paro fractional CFOs experts bring decades of experience and strategic vision directly to your business. More…
- Explore
and assess your go-to-market strategy for a successful launch.
- Find
opportunities to reduce costs, increase revenue and preserve value.
- Define
long-term milestones to achieve your biggest goals.
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Understand your company’s SWOT framework to determine your advantage.
“It’s allowed me to now spend 60% of my time focusing on the business, and out of the weeds of the
day-to-day.”
— Steven Liebezeit, CEO, InRange Solutions
Trusted by Thousands of U.S. Businesses
From small businesses and startups to mature companies, our experts meet you where you’re at with the exact skills and experience you need. Here’s why we’re the preferred choice for businesses across the country.
100%
US-based talent
60+
industries served
250+
skill sets
15
avg. years of experience
Startup CFO Services
Financing made easy with fractional CFO services for startups
When pursuing equity or debt financing, Paro’s outsourced CFO services for startups are designed to help you direct your time and energy where you’re most effective. More…
- Tap into
qualified experts—60% of our fractional CFOs have startup experience.
- Get
sophisticated reporting, insights and analysis to support fundraising.
- Leverage
flexible, cost-effective support as your startup scales.
- Engage
full-spectrum expertise so you can focus on driving innovation.
Transaction Advisory
Go boldly into the next stage of your business with outsourced CFO services
Be ready for the next stage with solid financials and a view of the competitive landscape. Maximize your value in an exit or merger & acquisition with strategic CFO advisory. More…
- Optimize finance operations sooner so you don’t miss a potential deal.
- Perform buy-side due diligence on challenges, risks and opportunities.
- Identify outstanding payments and resolve discrepancies earlier.
- Boost negotiation power with confidence in your books.
Recommended Reading
Recommended ReadingFRACTIONAL CFO SERVICES
Fractional CFO Consulting & Real-Time Business Solutions
Paro’s AI-powered platform helps companies hire fractional CFO talent, speeds up processes and unlocks data-driven insights to solve immediate and long-term business challenges like never before.
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Ready-to-start
expertise -
Streamlined
onboarding -
Full project management
support
Ready-to-start FAQ
The cost of a fractional CFO can vary depending on the scope of work, your specific business needs and the executive’s experience level. But, by using a fractional model, you gain scalability with access to C-level expertise at a dramatically lower cost of hiring a full-time CFO.
An interim CFO is a strategic advisor who temporarily works with a business, typically full-time, to help a business maintain continuity during a transition in leadership. Interim CFOs can also be hired when a business can’t yet justify a full-time CFO in order to provide dedicated leadership during a special project or transaction.
Interim CFO services can include everyday financial management and strategic advisory, as well as support during major initiatives, such as a capital raise, a merger & acquisition or a turnaround.
The key difference lies in the scope and duration of engagement. A fractional CFO is a long-term, strategic partner who provides ongoing financial leadership tailored to your company’s unique needs and growth stage. They become an extension of your executive team, developing and executing financial strategy alongside you.
On the other hand, an interim CFO is typically hired for a short-term, project-based role to fill a temporary void – like when a full-time CFO departs or your company is going through a major transaction. Their focus is typically on stabilizing finances and maintaining operations until a permanent replacement is found.
An outsourced CFO is a financial executive sourced outside of the company. They can be working on a project basis, also known as fractional CFOs, or functioning as dedicated interim CFOs during a leadership transition.
Outsourced CFO services are often provided through an accounting or consulting firm or through a third-party talent marketplace. These remote services are similar to what a traditional CFO would provide, such as financial strategy and planning, fundraising or assessing operational efficiency and opportunities for cost reduction.
The cost of an outsourced CFO varies based on a company’s needs and the experience and skills of the professional. Cost can be on a fixed or hourly basis, and can cost a business anywhere from a few hundred dollars to a few thousand dollars in a month. However, businesses don’t have to pay for benefits or other full-time costs, such as training and onboarding.
The cost of a part-time CFO is similar to that of an outsourced or virtual CFO in that you won’t have to pay the costs associated with full-time employment. However, you can expect to pay several hundred dollars per hour for a highly experienced CFO, and the cost can be well worth it for the long-term benefits to your business.
Virtual CFO services include the typical duties of an in-house CFO, but they are performed by a remote hire. These include funding procurement, overseeing financial operations and growth strategy, as well as many other duties. Virtual CFO services allow businesses to tap into the best available talent across the country rather than be limited to local talent pools.