We’re excited to share an important next step for Preferred CFO.
Preferred CFO has joined Current, a national partnership of premier accounting and advisory firms focused on helping its partner organizations grow through technology, shared resources, specialized expertise, and expanded capabilities.
For our clients, the most important thing to know is that the team, relationships, and strategic financial support you rely on are not changing.
What this partnership does give us is greater access to technology, expertise, and resources that can help us continue investing in our people, strengthening our capabilities, and supporting clients as their businesses become larger and more complex.
For more than a decade, Preferred CFO has helped business owners and leadership teams move beyond simply reviewing historical financial reports.
Our work has always been centered on helping leaders understand what their numbers mean, where their businesses are heading, and how today’s decisions may affect cash flow, growth, capital needs, and long-term performance.
Depending on the company, that can mean building a more reliable forecast, improving financial visibility, preparing for a capital raise, modeling a major growth decision, strengthening the finance function, or helping leadership determine what the business can realistically support. While the specific needs vary, the common goal is to give business leaders better information and experienced financial guidance so they can make more confident decisions.
As we looked toward the next stage of Preferred CFO’s growth, we wanted a partner that understood the value of that approach and could help us build on it. Current stood out because its vision extends beyond traditional accounting services and places a strong emphasis on combining experienced professionals, modern technology, specialized expertise, and strategic advisory.
That alignment made this partnership a natural fit for where Preferred CFO is headed and for the way we believe financial leadership will continue to evolve.
In the near term, our clients should expect continuity. You will continue working with the Preferred CFO professionals who understand your business, know your goals, and are focused on helping your leadership team make better financial and operational decisions.
Over time, joining Current gives Preferred CFO access to broader technology, AI systems, national resources, specialized expertise, and opportunities to collaborate across a larger network of experienced professionals. That becomes especially valuable as companies grow and their needs begin to change.
A client that needs stronger forecasting today may need help preparing for a capital raise next year. Another company may need deeper controller support, better financial systems, more sophisticated modeling, or additional HR expertise as its workforce expands. The ability to draw from a wider range of resources gives us more ways to support those changing needs while maintaining the close client relationships and hands-on approach that have always been important to Preferred CFO.
One of the most common challenges we see in growing businesses is not necessarily a lack of financial information. Most leadership teams have financial statements, reports, dashboards, spreadsheets, and plenty of data available to them. The challenge is turning all of that information into a clear picture of where the business is headed and what leadership should do next.
Can the company afford the next major hire? What happens to cash if growth accelerates faster than expected? How much capital may be needed over the next year? Is the business investing in the right areas? Does the current forecast provide enough warning to make decisions before problems develop? What will the finance function need to look like six or twelve months from now?
These are the types of questions that sit at the intersection of finance and leadership, and they are a major part of the work Preferred CFO does with clients every day.
Our fractional CFO and strategic finance teams help companies improve forecasting and financial modeling, manage cash flow, develop budgets and operating plans, prepare for capital needs and capital raises, strengthen controller functions, and build the financial visibility leadership teams need to make better decisions. Rather than simply reporting what has already happened, the goal is to help business leaders understand what may happen next and prepare accordingly.
That forward-looking approach will continue to be at the center of Preferred CFO now and in the future.
As companies grow, financial strategy and people strategy increasingly overlap. Hiring plans affect cash flow, compensation influences margins, benefits affect both cost and retention, and decisions around workforce planning, organizational structure, compliance, and employee strategy all carry financial implications.
Preferred CFO’s outsourced HR services help leadership teams address those challenges alongside the broader needs of the business. Our HR professionals work with companies on the people side of growth while staying connected to the operational and financial realities leadership teams are managing.
Joining Current creates additional opportunities to strengthen that support and gives Preferred CFO access to a broader range of expertise as our clients’ organizations and needs continue to evolve.
Since 2013, Preferred CFO has worked with growing companies across the country and across a wide range of industries and business models. That experience includes SaaS and recurring-revenue technology companies, professional services organizations, healthcare companies, manufacturers, private equity-backed businesses, family-owned companies, and other growth-oriented organizations.
Although those businesses may look very different on the surface, many face similar challenges as they grow. Greater scale creates more financial and operational complexity, and that complexity makes reliable forecasting, stronger financial infrastructure, better visibility, and experienced financial leadership increasingly important.
Preferred CFO has built its reputation around helping leadership teams manage those moments, whether a company is working through rapid growth, preparing to raise capital, improving cash flow, building a stronger finance organization, or simply trying to gain a clearer understanding of where the business is headed.
“As we looked toward the next chapter of our firm’s growth, we wanted a partner that shared our entrepreneurial mindset while providing the technology, innovation, and resources to help us continue scaling,” said Jerry Vance, CEO of Preferred CFO. “Current gives us the opportunity to invest more deeply in our people, expand our capabilities, and strengthen the support we provide to clients. Most importantly, this partnership will help us continue delivering the financial visibility, experienced leadership, and strategic guidance business owners need to make confident decisions, navigate complexity, and prepare for long-term growth".
“We found a partner that believes, as we do, that the future of our profession lies in combining exceptional people, modern technology, and forward-looking advisory. We could not be more excited about what we will accomplish together.”
Current is a national partnership of premier accounting and advisory firms that brings together more than 30 firms across the country. The organization provides its partner firms with access to advanced technology, specialized expertise, global talent, and enterprise-level resources while preserving the local leadership, entrepreneurial independence, and trusted client relationships that helped those firms succeed.
Current is backed by Thrive Holdings and has been recognized by Accounting Today as one of its Best Firms for Technology.
Preferred CFO has grown by staying close to its clients, understanding the challenges leadership teams are facing, and helping them make stronger financial decisions.
That commitment remains the same as we enter this next chapter.
What this partnership adds is greater access to technology, expertise, resources, and opportunities that can help us continue improving the way we support growing businesses.
We are proud of what Preferred CFO has built over the past decade, excited about what joining Current makes possible, and most importantly, looking forward to continuing to help our clients gain greater financial visibility, navigate complexity, and prepare for what comes next.