Expert Financial Leadership, When Growing Businesses Need It Most.

What is a Fractoinal CFO?

We offer outsourced CFO services to entrepreneurs and growing businesses, leveraging cloud technology to enhance financial management, with a focus on budgeting, forecasting, financial reporting, and tax compliance and advisory.

Our team of seasoned fractional Chief Financial Officers optimises cloud technology to provide virtual financial services to growing businesses.  We offer flexible part-time engagements, from a few hours to a few days per month, depending on the needs of your business.  With deep financial expertise and experience, our part-time CFO’s provide valuable insights and guidance to grow your businesses.  By choosing to work with one of our CFO’s, you gain access to high-level financial expertise at a fraction of the cost of a full-time CFO, making it a cost-effective solution for your growing business.

As fractional CFO’s, we are dedicated to the big financial picture so you can focus on growing your business.

We focus on the following core financial functions:

Strategising to cut costs and increase revenue

We develop plans to reduce unnecessary expenses while identifying opportunities to grow revenue streams.

Managing cash flow

To ensure that businesses have sufficient cash available, we focus on forecasting the future cash needs of the business while managing inflows and outflows effectively.

Financial strategy and budging

It is important to turn the strategic plan into measurable financial terms. We advise on aligning financial strategies with the company’s overall goals for long-term growth. 

Once the financial plan has been finalised we create detailed budgets to monitor performance and track progress toward meeting financial targets.

Managing inventory

We assist management by implementing key inventory metrics to effectively monitor stock levels, minimising obsolete costs while ensuring product availability without overstocking.

Capital expansion and funding

Growing businesses require capital for expansion.  We assist in evaluating new projects, investments and capital purchases such as equipment or technology, and help secure necessary funding from financial institutions.

Overseeing financial reporting

Management needs accurate and meaningful financial reports to evaluate business performance.  We ensure the accurate and timely preparation of management reports, highlighting key business drivers to support informed decision-making.

Developing internal control systems

We create systems and procedures to safeguard company assets and maintain accuracy in financial reporting.

Contingency planning

Business resilience during crises is important for long-term success. We develop financial strategies that equip the business to navigate unexpected challenges and maintain stability during uncertain times.

Corporate transactions

As growing businesses expand, they may consider mergers or acquisitions, and at times, a reorganisation within the group to simplify and streamline the structure.  

We assist with implementing mergers, acquisitions and reorganisations, focusing on corporate transactions as set out in section 42 – 47 of the Income Tax Act of South Africa. Additionally, we work with business owners to plan exit strategies which will maximise shareholder value.

Information technology

We oversee IT systems to ensure they effectively support operations and provide financial information to measure performance.   In addition, we review and monitor data integrity, security, and backed up processes to safeguard business information.

Liaising with other professionals

We build and maintain strong relationships with various professionals, including insurance brokers, bankers, external auditors, to collectively manage and grow the business.

Leading board and finance committee meetings

Presenting financial data and strategies to the board of directors and finance committees is a key aspect of our services.  This financial information is essential for the board to make informed decisions regarding the future of the business.  We provide guidance to the board in their decision-making based on the financial data presented.

How we work?

At Out the Box CFO, our fractional CFO’s offer flexible financial management solutions depending on your specific needs.  

We provide three service options:

Full Financial Oversight

Our fractional CFO’s work alongside your existing finance team, overseeing the complete finance function of your business. From financial planning and reporting to cash flow management, we ensure your business stays financially healthy and on track to meet its goals.

Financial Oversight with Accounting and Tax Support

In addition to overseeing the full finance function, our fractional CFO’s also provide hands-on accounting and tax support. We assist with financial accounting, management reporting and tax compliance to ensure everything runs smoothly and efficiently.

Comprehensive Financial Management with Back-Office Support

For businesses that need more extensive support, we offer a fully outsourced finance department alongside back-office services, all while overseeing the finance function. Our team handles day-to-day financial tasks such as processing payments, capturing bills, and issuing invoices, allowing your business to focus on sales and customers relationships while we handle the financial details.

Our goal is to become a vital part of your finance team, driving the financial and strategic performance of your business to achieve your desired goals and outcomes. 

Why do you need a fractional CFO?

BOOK A FREE CONSULTATION

By procuring the services of a Virtual CFO, whether on a part-time basis or only for specific projects, your company gains vital financial expertise without incurring the costs of an full-time CFO and a full-time finance department.

We understand that every business has different needs and challenges, so we price our services appropriately. We will work with you to create a package tailored specifically for your company’s goals and requirements – no matter how unique they may be!

Out The Box CFO