Outsourced CFO Services

Our outsourced CFOs can guide you through challenges, help fine-tune your strategies, and prepare your company for growth or transactions.

  • Outsourced CFO Services
  • Financial Forecasting
  • Strategic & Financial Consulting
  • Raising Capital

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Outsourced CFO Solutions

An outsourced CFO elevates your company strategy by adding a top-of-the-line expert with decades financial, corporate, and systems experience–without the in-house cost.

Each situation is different. We will customize your outsourced CFO services to fit your company’s particular needs. While our project experience is diverse, our common outsourced CFO services include:

Fine-Tune Your Strategy

How well are your existing operations helping you to achieve your goals? An Outsourced CFO will analyze your current cash flow, systems, and processes to find areas that can be improved and optimized.

Optimize Cash Flow

Whether you’re shooting for lean company operations or just looking to optimize your spending, an outsourced CFO can help discern what’s important, what’s not, and how to get the most out of what you have.

Prepare for Growth

If you are expanding geographies or product offerings, engaging in a transaction, or experiencing high levels of growth, Preferred CFO can help support your growth for more stable, sustainable outcomes.

Raise Capital

Our Outsourced CFOs have helped raise hundreds of millions of dollars in capital. Let us help prepare documents, oversee due diligence, tap into our robust lending and investing network, negotiate contracts, and more.

Prepare for a Transaction

Are you preparing for a merger, acquisition, or exit? Our outsourced CFOs will make sure things go smoothly while ensuring you get the best deal possible for your situation.

Forecasting & Budgeting

Our outsourced CFOs have significant forecasting and budgeting experience and will develop/optimize short- or long-term forecasts and budgets to create a precise blueprint to help you get from where you are to where you want to go.

Why Hire an Outsourced CFO?

In-house CFO salaries are expensive, and that’s not including benefits or bonuses. Depending on your company’s size and complexity, you may need the help of a CFO before you have enough work to keep that CFO busy full-time, or enough revenue to justify the expense. This often leads to companies putting off a CFO hire or hiring (or internally promoting) a less-experienced CFO for the position.

With an outsourced CFO, you receive top financial expertise only for the projects you need, and at a fraction of the cost of a full-time CFO of similar caliber.

Preferred CFO of Utah Outsourced CFO Solutions Logo

About Preferred CFO

Preferred CFO is an expert outsourced CFO service with clients and locations across the United States. Founded by Jerry Vance, the most experienced active outsourced CFO in the country, Preferred CFO brings expertise, strategy, and growth to businesses of all sizes. Preferred CFO emphasizes strategy and believes that with the right “blueprint,” companies can achieve their goals in a sustainable and predictable way to maximize shareholder value and company success.

Answers to Your Questions

What is an Outsourced CFO?

An Outsourced CFO is a financial expert who provides strategic, budgeting, or problem-solving services on a part-time or project basis. An Outsourced CFO provides high-level financial strategy, systems analysis and design, and operational optimizations. They can also help a company resolve challenges such as cash flow issues, raising capital, solving tight margins, implementing more efficient systems, or preparing for growth.

What are your Outsourced CFO rates?

It depends on what types of services you need, how many hours per month are needed, and the term (length in months) of the arrangements. Let us put together a proposal for your specific needs by filling out our contact form.

What if we already have a CFO?

No problem! Our CFOs are great at working with in-house teams to train, implement systems, and elevate strategies.

What industries do you specialize in?

We pride ourselves in the diversity of our outsourced CFOs’ industry backgrounds. With some of the most experienced CFOs in the industry, we specialize in everything from manufacturing, SaaS, communications, construction, medical devices, travel, security, retail, and solar, to education, home health services, mortgage, food and beverage, gas and oil, venture capital, and more. Not sure if we fit your niche? Let us know what you’re looking for and we can see if we have an outsourced CFO to fit your needs.

What if we don’t have any bookkeepers or controllers on staff?

Preferred CFO has full financial teams at the ready to help implement your financial strategies. Whether you’re only in need of an Outsourced CFO or also need supporting help from an outsourced controller or bookkeeper, we have experts on staff to help.

Recent Projects

Read details from some of our recent outsourced CFO partnerships.

Energy Management Corporation

Reduced year-end inventory write-offs by approximately 80% and created an 80% reduction in back-ordered sales orders.

DPS Skis

Helped grow revenue 49% over 2 years, improved relationships with independent commissioned sales representatives.

Diversified Management Services

Helped raise $1.5 M line of credit to finance growth and expansion.

Let’s Talk

Fill out our contact form and a CFO will be in touch to answer your questions or give you more information about our outsourced CFO services.

“Preferred CFO helped us successfully raise our first round of funding, and is currently supporting our second round. We’ve felt confident knowing that our CFO can jump on a call to field questions on our behalf. Our financial projections carry more weight with the Preferred CFO reputation. They were able to help us with a high-level solution that we would not have been able to replicate or afford any other way given the position our business was in.”
Patricia Goede

CEO, VisualShare

Recent Articles & Insights

Read recent financial and strategy articles written by our expert CFOs.

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