{"id":1058,"date":"2021-10-01T19:32:11","date_gmt":"2021-10-01T17:32:11","guid":{"rendered":"https:\/\/bethanieconsulting.co.za\/blog\/?page_id=1058"},"modified":"2023-01-25T12:40:41","modified_gmt":"2023-01-25T10:40:41","slug":"an-outsourced-cfo-enables-any-business-to-improve-performance-and-accelerate-growth","status":"publish","type":"page","link":"https:\/\/bethanieconsulting.co.za\/blog\/index.php\/an-outsourced-cfo-enables-any-business-to-improve-performance-and-accelerate-growth\/","title":{"rendered":"An outsourced CFO enables any business to improve performance and accelerate growth"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"525\" height=\"340\" data-attachment-id=\"1067\" data-permalink=\"https:\/\/bethanieconsulting.co.za\/blog\/index.php\/an-outsourced-cfo-enables-any-business-to-improve-performance-and-accelerate-growth\/business-38\/\" data-orig-file=\"https:\/\/i0.wp.com\/bethanieconsulting.co.za\/blog\/wp-content\/uploads\/2021\/10\/Business-38.jpeg?fit=975%2C631&amp;ssl=1\" data-orig-size=\"975,631\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Business-38\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/bethanieconsulting.co.za\/blog\/wp-content\/uploads\/2021\/10\/Business-38.jpeg?fit=300%2C194&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/bethanieconsulting.co.za\/blog\/wp-content\/uploads\/2021\/10\/Business-38.jpeg?fit=525%2C340&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/bethanieconsulting.co.za\/blog\/wp-content\/uploads\/2021\/10\/Business-38.jpeg?resize=525%2C340&#038;ssl=1\" alt=\"\" class=\"wp-image-1067\" srcset=\"https:\/\/i0.wp.com\/bethanieconsulting.co.za\/blog\/wp-content\/uploads\/2021\/10\/Business-38.jpeg?w=975&amp;ssl=1 975w, https:\/\/i0.wp.com\/bethanieconsulting.co.za\/blog\/wp-content\/uploads\/2021\/10\/Business-38.jpeg?resize=300%2C194&amp;ssl=1 300w, https:\/\/i0.wp.com\/bethanieconsulting.co.za\/blog\/wp-content\/uploads\/2021\/10\/Business-38.jpeg?resize=768%2C497&amp;ssl=1 768w\" sizes=\"auto, (max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><\/figure>\n\n\n\n<p>A CFO and\/or financial manager is a critical part of the value chain of any business or organisation. No significant and long-term value can be created without any of them.<\/p>\n\n\n\n<p>A CFO provides leadership to Finance departments and functions in order to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>support new business models,<\/li>\n\n\n\n<li>enable businesses and organisations to achieve its strategic goals and objectives,<\/li>\n\n\n\n<li>boost business performance and manage enterprise risks optimally,<\/li>\n\n\n\n<li>leverage insight-driven decision-making and problem solving for investment and operational purposes by compiling and providing relevant data and information to management, investors and other stakeholders,<\/li>\n\n\n\n<li>raise capital, funding and credit at low cost and reasonable terms to enable businesses and organisations to finance the implementation of its operational and strategic plans,<\/li>\n\n\n\n<li>digitally transform the processes and systems of businesses and organisations in order to boost its productivity, agility and competitive advantages,<\/li>\n\n\n\n<li>drive sustainable value creation in businesses and organisations ,<\/li>\n\n\n\n<li>assist businesses and organisations to satisfy the needs of its stakeholders and comply with relevant laws and regulations.<\/li>\n<\/ul>\n\n\n\n<p>Read more about how our outsourced CFO&#8217;s can add value to your business, whether it&#8217;s an SME, large business or State-owned entity, by clicking on this&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/bethanieconsulting.co.za\/blog\/index.php\/value-add-cfo\/\" target=\"_blank\">link<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"outsourcing-of-cfo-s-and-financial-professionals\">Outsourcing of CFO&#8217;s and financial professionals<\/h2>\n\n\n\n<p>We outsource CFO&#8217;s and senior financial professionals to medium-sized and large businesses, state-owned entities (SOE&#8217;s) and other organisations in order to build and strengthen capacity in their finance departments and functions in cases when:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>there is a vacancy or the finance professional is on leave,<\/li>\n\n\n\n<li>the finance department and\/or CFO lacks appropriate skills and&nbsp; competencies,<\/li>\n\n\n\n<li>the current CFO would like to manage and implement major projects but need specialised assistance,<\/li>\n\n\n\n<li>the finance function is to be restructured,<\/li>\n\n\n\n<li>financial analysis and planning must be performed but the entity does not have such competencies,<\/li>\n\n\n\n<li>the SME cannot afford a full-time CFO, financial manager or accountant,<\/li>\n\n\n\n<li>a CFO or a specific financial professional is needed to perform any other relevant function or tasks.<\/li>\n<\/ul>\n\n\n\n<p>The outsourcing could be temporary, interim or any duration of period, depending on the business&#8217; needs and requirements. However, the CFO and senior financial professionals are always under the control and direction of the client.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"about-our-outsourcing-services\">About our outsourcing services<\/h2>\n\n\n\n<p>We are NOT a recruitment agency. Our outsourcing services are part of our value-added services to enable businesses and organisations to improve performances, accelerate growth and create sustainable long-term value. <\/p>\n\n\n\n<p>Our outsourced CFO\u2019s and financial professionals are supported by a highly skilled business and financial support team, thereby giving you access to extensive and deep financial and business knowledge and experience that can enable your Finance department and function to carry out its purpose efficiently, effectively and as envisioned. <\/p>\n\n\n\n<p>Our highly experienced support team, who are seasoned business and financial advisors and professional accountants and are registered with The South African Institute of Chartered Accountants, will find a perfect match for clients in terms of skills, experience, personality and fit to suit any unique business requirements and needs. We separate the men from the boys, wheat from the chaff to ensure the outsourced finance professionals hit the ground running.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"we-outsource\">We outsource<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Chief financial officers and finance executives<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Financial managers<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Chartered accountants and accountants<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Credit managers<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Payroll managers<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Supply chain managers<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bookkeepers<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"cost-of-using-an-outsourced-cfo\">Cost of using an outsourced CFO&nbsp;<\/h2>\n\n\n\n<p>An outsourced CFO comes at a fraction of the cost of a full-time CFO. For example, an outsourced CFO can work 3 days a week, 1 day a week or any number of days, depending on the requirements of the business. Contact us to structure a package that will suit your pocket and needs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"contact-us\">Contact us<\/h2>\n\n\n\n<p>Please call us at&nbsp;<a href=\"tel:011%20042%209768\" target=\"_blank\" rel=\"noreferrer noopener\">011&nbsp;042 9768<\/a>&nbsp;or&nbsp;<a href=\"tel:072%20296%201281\" target=\"_blank\" rel=\"noreferrer noopener\">072 296 1281<\/a>&nbsp;(Virgil).  Or chat to us on <a href=\"https:\/\/api.whatsapp.com\/send?phone=27722961281\" target=\"_blank\" rel=\"noreferrer noopener\">WhatsApp<\/a>. You can also email us at&nbsp; <a href=\"mailto:virgil@bethanieconsulting.co.za\">virgil@bethanieconsulting.co.za<\/a>. Or you may contact us by completing our online&nbsp;<a href=\"https:\/\/bethanieconsulting.co.za\/blog\/index.php\/contact-form\/\">form<\/a>&nbsp;for a call back. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A CFO and\/or financial manager is a critical part of the value chain of any business or organisation. No significant and long-term value can be created without any of them. A CFO provides leadership to Finance departments and functions in order to: Read more about how our outsourced CFO&#8217;s can add value to your business, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/bethanieconsulting.co.za\/blog\/index.php\/an-outsourced-cfo-enables-any-business-to-improve-performance-and-accelerate-growth\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;An outsourced CFO enables any business to improve performance and accelerate growth&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"class_list":["post-1058","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>An outsourced CFO enables any business to improve performance and accelerate growth - Virgil Bethanie<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bethanieconsulting.co.za\/blog\/index.php\/an-outsourced-cfo-enables-any-business-to-improve-performance-and-accelerate-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"An outsourced CFO enables any business to improve performance and accelerate growth - Virgil Bethanie\" \/>\n<meta property=\"og:description\" content=\"A CFO and\/or financial manager is a critical part of the value chain of any business or organisation. 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