article thumbnail

Outsourced CFOs An Affordable Option For Small Business

CFO Share

Outsourced CFO v In-House: a Cost Analysis To make an informed decision, let’s break down the costs associated with hiring an in-house finance manager versus engaging with a fractional (outsourced) CFO. Reasons you may prefer an in-house finance manager even though it is more expensive include: On-site demand.

CFO 52
article thumbnail

The Shift to Predictive Accounting

Planful

The gap is being caused by a shift in managers’ needs – from just needing to know what things cost (such as a product cost) and what happened – to a need for detailed information about what their future costs and profits will be and why. Decision Support with Cost Planning. The need for managerial economics.