J.R. Davis & Associates provides fractional CFO services to enhance your financial management. Benefit from the expertise of a company with over 25 years of experience. Our team will provide comprehensive support to help you grasp the intricacies of your financial systems, streamline processes, and gain deeper insights into your financial data.
Any successful businessperson will know, having a seasoned CFO by your side is invaluable. As your business expands, the need for financial guidance grows, but employing a full-time Controller or CFO may not be feasible. If you find yourself in this scenario, outsourcing fractional CFO services may be the ideal solution. At J.R. Davis & Associates, our team provides your organization with seasoned professionals who have extensive experience serving as CFOs and controllers across various private and non-profit sectors. You’ll gain access to our collective expertise, with a designated point of contact committed to delving into your financial intricacies regularly.
Our services include:
- Liaising with bankers, attorneys, insurance agents, vendors, etc.
- Budget preparation, reporting, & monitoring.
- Cost / revenue benefit analysis & profitability analysis.
- Software selection and implementation.
- Beneficial Ownership analysis and FinCen reporting.
- Assisting in obtaining financing from banks, including assistance with negotiations.
- Training and managing your accounting staff – including development of company accounting procedure manuals.
- Managing treasury & cash management.
- Improving financial forecasting and modeling.
- Providing in-depth financial analysis and reporting.
- Design and implement collection policies and procedures.
- Evaluation of equipment acquisitions, expansions, and other investments.
- Providing your organization with an expert who establishes strong financial controls to reduce loss and increase profit.
CFO EXPERTS
J.R. Davis & Associates have worked with hundreds of businesses across various industries to help tailor financial systems to fit the unique needs their industry requires.
Already have a CFO? We understand the dynamic role CFOs face in navigating the modern business landscape. We support existing CFOs as they navigate businesses through periods of transition and change. With our expertise and guidance, your team can confidently tackle the challenges and opportunities presented by changing tides.
We have experience within the following industries:
- Accounting & Finance
- Agriculture
- Computer / IT Services
- Computer Software
- Construction & Contracting
- Distribution & Wholesale
- Education
- General Business
- Insurance
- Legal
- Logistics / Transportation
- Manufacturing
- Nonprofit
- Professional Services
- Real Estate
- Retail
Expert & Unbiased Advice on Your Financial Systems
J.R. Davis & Associates is committed to helping our clients grow their businesses through smart software decisions. We understand that every business is different, and we work with a variety of software to create custom solutions tailored for your organization’s growth.
What makes J.R. Davis & Associates the right fit for your CFO needs? Our aim is to help your organization use the right software and the right processes – not the most expensive or ones we have relationships with. To that end, we will never make deals with software companies to sell their products.
Our expertise comes from over 25 years of industry experience, working in-house and with outsourced technology and accounting partners.
We advise based on your data, business goals, growth trajectory, and budget.
Could you benefit from a Fractional CFO?
- Do company leaders spend 4+ hours each week crunching numbers or preparing financial reports?
- Does your team reference reports you don’t have that would help you make better decisions?
- Is there a lack of clarity on your tax liability?
- Do you process more than 5,000 invoices each year?
- Do you have more than 100 SKUs in your inventory?
- Is your organization’s growth occurring at a rate faster than 15%?
- OR does it seems like your growth has plateaued and you’re not sure why or how to fix it?
- Are you considering taking on outside investments or changing the equity distribution of the company?
- Do you want a CFO to clean things up in your organization?
- Do you already have a CFO but your organization is going though significant change?
If you said yes to any of these, reach out to us today.
FAQ’s
What is a Fractional CFO?
A Fractional CFO is a financial professional who provides part-time CFO services to organizations. They offer strategic financial guidance, budgeting, forecasting, and other CFO-level responsibilities without being or costing the same as a full-time, in-house employee.
Why would my business need a Fractional CFO?
Your business may opt for Fractional CFO services to access high-level financial expertise without the cost of a full-time CFO. This is very beneficial for small and medium-sized organizations that may not need or be able to afford (yet) a full-time CFO but still need that specialized strategic financial advice.
What Fractional CFO services do you provide?
J.R. Davis & Associates provides a full suite of CFO services including, financial analysis, strategic planning, budgeting, forecasting, cash flow management, financial reporting, and advising on financial decisions. The specific services will be tailored to your specific needs.
Fractional CFO vs. CFO – what’s the difference?
A Fractional CFO works with a company to provide services to you on a part-time or project basis. A traditional CFO is an in-house, full-time, executive responsible for the financial strategy of a single company. The big benefit is that Fractional CFOs offer flexibility and cost savings to your organization.
Does a Fractional CFO take confidentiality, security, and data privacy into account?
Confidentiality is a crucial aspect of our Fractional CFO services. We are bound by confidentiality agreements and NDA’s, and understand the importance of safeguarding your sensitive financial information. We will never sell, trade, or give your information away to an outside third-party.
How long will we need a Fractional CFO?
Fractional CFO engagements will vary in duration. You may only need CFO assistance in the short-term for a specific project or you may prefer to work with us on a long-term bases depending on the needs and goals of your business.
What does a Fractional CFO cost?
The cost of hiring a Fractional CFO will fluctuate based on your requirements. The cost will always be more affordable than hiring someone with the same experience in-house or full time.