Tech-Flow Strengthens Financial Accuracy, Audit Readiness, and Confidence Through Fractional CFO Help

Tech-Flow Summary

After the departure of their full-time CFO/Controller, Tech-Flow found itself at a financial crossroads. While leadership stepped in to manage accounting responsibilities, it became clear that the company needed a higher level of technical accounting expertise as it continued to grow.

Preferred CFO was brought in to provide fractional CFO leadership that could cover day-to-day and monthly accounting needs while elevating the overall quality of financial reporting. Through this engagement, Preferred CFO helped Tech-Flow transition fully to accrual-based accounting, validate the accuracy of its financial processes, and provide experienced oversight that leadership could trust. The result was greater confidence, improved technical clarity, and reassurance that the company’s financials were structured correctly and audit-ready.

The Challenge

Tech-Flow’s growth highlighted limitations in its existing accounting and financial leadership framework. While operationally strong, and with a top-notch controller, the company lacked the technical accounting depth needed to support its next phase of growth

Key Financial Challenges

• Loss of a full-time Controller created a leadership gap

• Internal team lacked a technical accounting background

• Financial reporting needed higher-level review and validation

• Accrual-based accounting was not fully implemented

• Leadership wanted confidence that financials were correct and auditable

• Company did not require a full-time Controller or CFO

Tech-Flow needed an experienced financial partner who could provide both hands-on support and higher-level accounting insight, with a healthy dose of financial strategy.

The CFO Solution

Preferred CFO stepped in with fractional CFO leadership to stabilize and elevate Tech-Flow’s financial operations. Alexis Byrne, the assigned fractional CFO, assumed responsibility for both day-to-day and month-end activities while bringing a higher level of technical expertise to the organization.

Core CFO Solutions Implemented

Day-to-day and monthly accounting leadership
Ensuring consistency, accuracy, and reliability across regular accounting processes.

Full transition to accrual-based accounting
Bringing Tech-Flow into proper accounting conformance aligned with company growth.

Technical review of financial reporting
Providing assurance that financial statements were structured correctly and defensible.

Audit readiness and process validation
Giving leadership confidence that systems and processes could withstand external review.

Senior-level perspective from multi-company experience
Leveraging experience across multiple organizations to bring best practices and fresh insight.

Tech-Flow's leadership emphasized the value of having access to someone with deep experience who could quickly understand the business and raise the level of financial oversight for their company.

“It’s been valuable having someone who can look at our financials from a more technical perspective and give us confidence that everything is being done correctly and can stand up to scrutiny.”

- Kerry Moffett, Owner, Tech-Flow

The CFO Results

The impact of Preferred CFO’s fractional leadership was immediate and meaningful. Tech-Flow gained clarity, confidence, and peace of mind around its financial operations.

Key Success & Results

• Achieved full accrual-based accounting compliance

• Improved technical accuracy of financial reporting

• Gained confidence in audit readiness and financial correctness

• Reduced internal burden on leadership

• Benefited from senior-level accounting expertise at the right scale

• Improved overall trust in financial data and processes

Preferred CFO became a trusted extension of Tech-Flow’s financial leadership team, and was able to deliver insight and confidence for the company moving forward.

Looking Ahead

With Preferred CFO’s on-going support and CFO consulting, Tech-Flow is positioned to grow with confidence, knowing its financial foundation is sound and supported by experienced leadership. The company can now focus on strategic growth while relying on accurate, technically sound financial reporting to guide decisions.

Comprehensive Case Study Summary

Tech-Flow engaged Preferred CFO for fractional CFO leadership after the departure of its Controller created a gap in technical accounting expertise. Preferred CFO provided day-to-day and month-end support, transitioned the company to full accrual-based accounting, and improved the technical accuracy and audit readiness of financial reporting. The engagement gave leadership confidence that financial processes were correct and defensible while avoiding the need for a full-time CFO or Controller. Today, Tech-Flow operates with stronger financial clarity, improved reporting quality, and trusted fractional CFO support from Preferred CFO.

At a Glance

Client: Tech-Flow
Partner: Preferred CFO
Industry: Technology / Engineering Solutions
Services Provided: Fractional CFO leadership, technical accounting oversight, accrual accounting implementation, audit readiness support
Key Outcomes: Improved financial accuracy, accrual-based compliance, audit readiness, leadership confidence
Location: United States