Scotland-based accountancy agency Wbg has launched a brand new service providing part-time chief monetary officer (CFO) experience to assist the monetary administration wants of small and medium-sized companies (SMEs).
The transfer is tailor-made to corporations that don’t require a full-time CFO however nonetheless want skilled steerage of their monetary operations and strategic planning, the corporate stated.
The fractional CFO service will complement Wbg’s present portfolio of economic providers, which already contains areas akin to compliance, VAT, bookkeeping, administration accounting, and cashflow administration.
The brand new providing is designed to offer SMEs with the required monetary oversight and recommendation to facilitate their development and improvement.
Skilled CFOs from varied sectors can be out there to help companies in setting and pursuing strategic targets, formulating and executing monetary methods, and making certain monetary reporting and budgeting.
The service is especially geared in direction of companies which are within the means of increasing or planning their exit, the corporate famous.
Catherine Livingstone, a associate in Wbg’s Accounts & Enterprise Advisory Service, stated: “With our new fractional CFO service, we intention to ship goal, unbiased steerage that’s each versatile and attentive to the distinctive necessities of every enterprise.
“No two companies are the identical – every faces distinct challenges – and our service is designed to supply personalised options that tackle these particular wants.”
Livingstone added: “This service permits us to provide our SME shoppers entry to tailor-made monetary steerage and strategic assist. The fractional CFO service means a enterprise can have an in-house advisor on a versatile schedule, offering skilled enter exactly when it’s wanted.
Just lately, Wbg appointed Garry Clarke because the agency’s CFO.
Clarke, who brings expertise from his earlier roles together with finance director and COO at Localist, can be liable for driving Wbg’s development plans.
He succeeds Yvonne Kemp, who transitions to assist funding initiatives with Wbg shareholders N4 Companions.
“Wbg introduces CFO service for SMEs in search of monetary management ” was initially created and revealed by Worldwide Accounting Bulletin, a GlobalData owned model.
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