In this week's video episode of the CFO Weekly podcast, you'll learn why If you had told Kristen McAlister 20 years ago that she’d end up owning an interim executive firm, she’d have had a few questions.
The main one probably being, “What the heck is an interim executive?” Think of an #interimCFO as a temporary role. It could be 3-6 months, and then you could be on to your next role. Or they could end up needing you full-time. Either way, you’ve tested the waters a bit and know if it would be a good long-term fit for both you and the company.
A fractional CFO is different. Not every company needs a full-time, 40-hour-a-week CFO. They may need the services of a CFO a few times a week, or a few times a month. The fractional CFO has a group of clients that they share time with, on a rotating basis, all year round.
The benefits for both the company and the employee are obvious. It allows both to “trial run” the other, making sure that they’re a good fit, and that the CFO has fully bought into the vision of the company.
Like most people date before committing to marriage, the interim CFO role allows the same “get to know you” period.
Head over to our blog to learn more about this week's episode.
Learn more about our F&A solution.