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Virtual CFO – Bangor (ME)

Outsourced CFO – Bangor (ME)

Many organizations in Bangor and across Maine have accounting departments that are focused on managing routine tasks. This may include bookkeeping, AR/AP management, payroll inventory data review, and more. While important these traditional accounting functions do not provide the strategic leadership and insights that help support and guide the accounting team. Whether it’s assistance expanding into new markets, raising capital, or undergoing rapid growth, it may be time to hire, or in some cases replace, a Chief Financial Officer (CFO) who can provide the insights, strategic direction, and experience needed.

A key concern is the difficulty in finding a qualified CFO. Not only can it be a difficult and long process, but often salary requirements exceed what many can afford. Beyond this, the onboarding process can be lengthy delaying impact. For this reason, organizations often turn to outsourcing to meet needs. A Virtual CFO can “plug-in” to your organization and quickly start offering essential insights and direction. These seasoned professionals have an immediate impact.

Virtual CFO Experience – Maine

WhippleWood CPAs offer Virtual CFO services to companies in Bangor and across Maine. Our team has significant experience helping companies implement systems, manage growth, and resolve capital needs. Since we work with dozens of companies, our virtual CFOs have significant experience assisting those in a variety of industries and situations. This allows us to deliver best practices based on real-world experience.

Virtual CFO Services – Bangor (ME)

Below is a summary list of the virtual CFO services provided to companies and organizations, including:

  • Accounting Software Selection/Implementation
  • Accounting Staff Mentoring/Training
  • Budgeting & Forecasting
  • Bank Finance Meeting Preparation
  • Capital Asset Acquisition Evaluations
  • Cash Flow Forecasting/Optimization
  • Contract Review
  • Financial Improvement Plans
  • Key Metric Benchmarking/Trend Analysis
  • Lease v Buy Decisions
  • Treasury Management

Contact our Bangor Outsourced CFOs

WhippleWood CPAs offer Virtual CFO services to companies in Bangor and across Maine remotely from our Denver offices. For additional information on how we can assist you, complete the form to the right and a team member will follow up promptly.

About Bangor (ME)

The business community in Bangor, Maine, reflects the city’s unique blend of traditional industries, modern businesses, and a strong sense of community. Situated in the heart of the state, Bangor’s business landscape is influenced by its history, location, and the needs of its residents.

Historically, Bangor was known for its strong ties to the timber and logging industry, earning it the nickname “The Queen City of the East.” While the timber industry remains an important part of the region’s heritage, Bangor’s business community has evolved over the years to include a diverse range of industries.

One notable aspect of the Bangor business community is its commitment to local and small businesses. The city has a thriving downtown area with locally-owned shops, restaurants, and boutiques. These businesses contribute to the unique character of the city and foster a sense of community pride.

National Reach

We also provide vCFO services to companies in Atlanta (GA), Baltimore (MD), Boston (MA), Buffalo (NY), Chicago (IL), Dallas (TX), Denver (CO), Detroit (MI), Houston (TX), Indianapolis (IN), Las Vegas (NV), Los Angeles (CA), Miami (FL), Milwaukee (WI), Minneapolis (MN), Omaha (NE), Orlando (FL), Philadelphia (PA), Phoenix (AZ), Portland (OR), Richmond (VA), San Diego (CA), Seattle (WA), and St Louis (MO).