Outsourced CFO Services
C-level financial management and strategic advice at a fraction of the cost.

Fractional CFOs
- Ongoing part-time financial leadership
- Financial oversight and guidance
- Planning, reporting, & investor relations
- Scalable and cost-effective

Interim CFOs
- Short-term full-time financial leadership
- Owns the entire finance function
- Maintains leadership continuity
- Recruits and onboards a permanent CFO

Project-Based CFOs
- One-off guidance for special initiatives
- Focused deliverables and timeframes
- Affordable financial challenge solutions
- No ongoing commitment
As the leader of a growing company, making financially sound business decisions is imperative. But you can’t do it alone. You need a trusted advisor who can provide critical information, strategic insights, and counsel —ideally, one who has been in your shoes. At The CEO’s Right Hand, we offer professional financial management and advice grounded in decades of experience. Our outsourced CFO services include the following:
Strategic Financial Planning
Strategic clarity, expertise, and guidance for impactful hiring, pricing, and investment decisions that boost business value.
Financial Reporting and Analysis
Accurate financial statements coupled with actionable financial and operational insights that you can confidently take to the board.
Cash Flow Analysis and Management
Precise and timely visibility into your cash position and expenses to drive efficiencies and maximize operating income.
Financial Infrastructure Design
A budget-friendly foundation of the people, processes, and systems needed to grow and scale while spotting opportunities and risks.
Forecasting, Budgeting, and KPI Tracking
Detailed budgets and forecasts, and a financial and operational KPI tracking system to support informed operating decisions.
Restructurings and Turnarounds
Planning, managing, and communicating a financial distress solution so you can focus on running the business.
Other CFO services include assistance with raising capital, mergers and acquisitions (M&As), corporate valuations, tax strategies, and external audits.
What to Expect from an Outsourced CFO Service
At The CEO’s Right Hand, our CFOs have deep industry experience. They can work with your leadership team to develop scalable, data-driven financial strategies tailored to your needs, empowering you to drive growth while minimizing risk. We will transform your business strategically, operationally, and financially to support your short- and long-term goals.
What makes us unique is that we offer a full range of strategic, financial, and operational services. We fill the gaps in your financial team and help you understand how to optimize your resources, enabling you to move your business forward. Our flexible engagement model is ideal for small and mid-sized companies that need help translating financial insights into actionable strategies for navigating growth.

Frequently Asked Questions (FAQs)
What does an outsourced CFO do?
An outsourced chief financial officer (CFO) performs the same day-to-day functions as a full-time CFO without the hefty price tag. At a high level, their duties encompass the following:
- Strategic leadership
- Team management
- Financial infrastructure development
- Financial challenge management and resolution (capital raising, loan acquisitions, external audits, due diligence exercises, mergers and acquisitions, initial public offerings (IPOs), etc.).
Consider reading our blog post “What Does a CFO Do?” for more details.
We offer ongoing fractional CFO services (part-time CFOs), project-based support, and interim CFOs (full-time but temporary support). In other words, the depth of the engagement is entirely up to you.
How much does an outsourced CFO service cost?
The cost of an outsourced CFO service will vary greatly, depending on the scope of your needs. Fractional CFOs typically charge by the hour or day, with rates averaging around $300 to $350 an hour. That means an ongoing relationship could cost between $6,000 and $12,000 monthly or $72,000 to $144,000 annually.
Compared to the total average cost of a full-time CFO, which is typically between $300,000 and $400,000 per year (including bonuses, benefits, equity, and overhead), the value is clear. With an outsourced CFO, small businesses that don’t need (or can’t afford) to hire a CFO full-time can still get the strategic financial advice they require at a fraction of the cost.
Check out our full-time vs fractional CFO calculator to see the math yourself.
When should I hire a CFO?
When you begin to have questions that your existing accounting, bookkeeping, or CPA resource can’t answer, it may be time to look for a financial professional who can offer C-level advice. For instance, a CFO can help you determine if you are in a strong enough financial position to acquire another business or expand into new markets. Or, they can help you assess and improve your business systems and processes to prepare for anticipated growth.
You can also hire an outsourced CFO when embarking on special projects that require financial expertise. Capital raising, for example, requires specialized knowledge, industry connections, and a keen understanding of what investors are looking for. An experienced CFO will partner with you to develop a roadmap, assess your organization’s readiness, prepare the necessary materials, and provide essential support and guidance as you practice and deliver your pitch.
What are the benefits of working with an outsourced CFO?
The main benefit of working with an outsourced CFO is that you can hire them part-time, so you get C-level financial expertise at a fraction of the cost of hiring a full-time CFO. Furthermore, although you may sign a contract for fractional CFO or project-based services, you’re not committing to another employee. You can terminate the relationship at any time, and you won’t be responsible for the additional costs associated with hiring, such as payroll taxes, vacation, retirement, insurance benefits, or overhead.
An outsourced CFO serves the same purpose as a full-time CFO. As such, they will become a trusted advisor to the CEO and a vital member of the management team. Depending on your arrangement, you can rely on them to provide long-term strategic financial guidance or support for essential one-off projects.
An interim CFO who works with your team full-time but short-term requires a more significant financial commitment every month. Companies typically hire interim CFOs to fill the gap and manage the finance function when their permanent CFO leaves the firm, or to help with large projects, such as mergers and acquisitions (M&As).
Are CFOs usually accountants?
A CFO oversees all financial operations at your company, so it is common for them to possess many of the same technical skills you would expect from other financial roles, like accounting or bookkeeping. However, just because they can perform these functions doesn’t mean they should.
A good CFO takes a big-picture view and helps the CEO with strategic planning, enabling them to prepare for the future. They streamline processes, drive goal setting, act as a spokesperson, and create the financial infrastructure you need to grow and scale your business.
At The CEO’s Right Hand, we offer a full range of financial services, including accounting and bookkeeping, in addition to fractional CFOs. That allows us to serve all your financial needs at a reasonable cost.