Fractional / Part-Time CFO
Growing businesses often reach a point where they need professional financial advice but can't afford a full-time CFO or controller. If you're fortunate enough to be in this position, then we have the perfect solution for you.
Our Part-Time CFO service gives you a professional financial manager who works with you to help guide your business to success. The cost of hiring a full-time CFO can range from £90,000 to over £150,000 per year plus bonuses and benefits. Our Part-Time CFO services provides you with experienced support at a small fraction of that cost.
Some companies don’t need a full-time finance leader; they need someone with the right skills at the right time. That could mean preparing for a round of funding, entering a new market, or updating outdated financial systems. With our part-time CFO services, you can get help with your finances from a senior person without having to commit to a long-term contract.
We provide clear directions when the stakes are high and time is short, whether you need help with your ERP or with cash flow issues. You stay in charge, and we take care of the numbers.
What is Fractional / Part-Time / VirtualCFO?
You can hire an outsourced CFO to get a senior finance expert without having to pay them a full-time salary. It’s not about taking shortcuts; it’s about getting serious about your financial strategy in a way that’s more flexible and cost-effective. When a business needs high-level help but isn’t ready to hire a full-time finance director, they can use outsourced CFO services.
You can get board-level advice on cash flow, forecasting, and investor relations without having to pay for a full-time CFO. You’re still getting good leadership from someone who has done this before, knows the numbers inside and out, and can work with your team to get things done.
PRS Smart offers outsourced CFO services tailored to the needs of fast-growing companies. These are typically companies undergoing significant changes, such as rapid growth, funding rounds, or entering new markets. The next move can be significantly impacted by financial clarity.
Our virtual CFOs work directly with your business to handle planning, economic modelling, investor talks, and more—no technical terms. Don’t make things too hard. People who know what they’re doing will give you clear and strategic financial advice. We’re not just giving you a service. We help founders, finance teams, and directors stay calm and confident when things get tough.
Our Services Include:
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More time to focus on new services, new customers and other core business issues.
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Better understanding of the financial side of your business. So you have less surprises and more control over the money.
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Improved decision-making capabilities from clearly seeing the hard and true numbers of your business.
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A readily available sounding board to help you with those tough business decisions and help you clarify your business plans.
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The comfort from knowing that a professional is overseeing, protecting and constantly improving the financial side of your business.
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A professional who establishes strong financial controls in your business to reduce employee theft and increase profits.
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Training and managing your accounting staff.
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Improved quality and timeliness of financial information.
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Budget preparation and monitoring.
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Profitability analysis by service or product line.
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Tax saving strategies.
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Trend analysis.
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Assistance in defining long-range plans and the quantification of goals.
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Cash management.
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Liaison with bankers, attorneys, vendors, insurance agents, etc.
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Assistance in obtaining financing from banks, including assistance with negotiations.
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Review/negotiation of insurance policies.
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Development of company accounting procedure manuals.
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Analysis of equipment purchases, expansions, etc.
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Mergers and acquisitions assistance
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Custom designed collection policies and procedures
Get Started
Book your free first consultation today
Fractional CFO vs. Virtual CFO – What’s the Difference?
With fractional CFO and virtual CFO services, you can get help from experienced financial leaders without having to hire someone full-time. But there is a slight difference in how the help is given.
A fractional CFO usually works with you on a set schedule, either in person or online, as a full-time member of your team. They help you prepare for board meetings, track your finances, and plan meetings around key dates on your calendar.
A virtual CFO, on the other hand, gives the same level of strategic advice but works from home. They utilise cloud-based tools to monitor your finances in real-time, providing you with proactive reporting, planning, and insight without requiring an in-person presence.
We offer both models at PRS SMART. A fractional CFO might be the right person for your business if you need someone to sit in on board meetings or help with face-to-face conversations with investors. Our virtual CFO setup provides you with all of that: sleek digital dashboards, real-time access, and the flexibility to work at your convenience.
This is why our service is beneficial for both parties: established companies can use our fractional CFO services in the UK, and startups can use our virtual CFO services to receive support without the need to hire additional staff.
Why Choose PRS Smart for Outsourcing ?
You’re not just hiring a finance service when you hire PRS Smart.
You are getting a senior Chartered Accountant who knows your field, your goals, and what your board expects from you.
This person will be your CFO and will work closely with your founders, shareholders, and internal finance team to make sure that every decision is clear and has a purpose.
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