An outsourced CFO is a professional who provides financial management and strategic planning services to a business on a contract basis. The role of an outsourced CFO is similar to that of an in-house CFO, but the outsourced CFO typically works remotely and is only engaged on a part-time or as-needed basis. This can be a cost-effective solution for businesses that do not have the need or resources to hire a full-time CFO. An outsourced CFO can help a business with tasks such as financial planning and analysis, risk management, investment decision-making, and developing and implementing long-term strategic plans.
