GrowthForce Blog The Role of a Virtual CFO: What CEOs Need to Know

7 min read October 30th, 2024 At the top of a CEO's list of worries, you'll find economic uncertainty (especially concern over a potential recession) and inflation, according to the 4Q 2023 Business and Industry Economic Outlook Survey from the AICPA and CIMA Key Takeaways What Is a Virtual CFO: A virtual CFO serves a business remotely on an as-needed basis. Virtual CFOs are also sometimes referred to as fractional CFOs, outsourced CFOs, or vCFOs... How to Choose a Virtual CFO: There are several different types of virtual CFOs (e.g. independent contractors and outsourced accounting firms that offer virtual CFO services). Additionally, these providers... Reap the Rewards of Virtual CFO Services for Businesses: If you are a CEO or business owner feeling overwhelmed by the financial side of your business - whether that be day-to-day management, staffing, budgeting, reporting, or strategic planning - then a virtual CFO can help you be a better leader while saving your business money...