Outsourced CFO – Hartford (CT)
Many organizations in Hartford and across Connecticut have accounting departments 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 – Connecticut
WhippleWood CPAs offer Virtual CFO services to companies in Hartford and across Connecticut. 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 – Hartford (CT)
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 Hartford Outsourced CFOs
WhippleWood CPAs offer Virtual CFO services to companies in Hartford and across Connecticut remotely from our Denver offices. For additional information on how we can assist you, complete the form below and a team member will follow up promptly.
About Hartford (CT)
The business community in Hartford, Connecticut, is a dynamic and integral part of the city’s identity and economy. Nestled in the heart of New England, Hartford has a rich history that dates back to its founding in the 17th century. Today, it continues to evolve as a hub for various industries and sectors.
One of the prominent features of Hartford’s business landscape is its insurance industry. Often referred to as the “Insurance Capital of the World,” the city is home to numerous insurance companies, including some of the largest and most well-known in the world. These companies have a significant impact on the local economy and provide a wide range of job opportunities, from underwriters to actuaries to claims adjusters.
Beyond insurance, Hartford’s business community is diversified across multiple sectors. The financial services industry is also robust, with a concentration of banks, investment firms, and asset management companies. This diversity in financial services not only contributes to the city’s economic stability but also fosters an environment of financial innovation and expertise.