What is a fractional CFO?
A fractional CFO is an experienced CFO who provides services to organizations in a part-time, retainer, or contract arrangement. This offers a company the experience and expertise of a high-end CFO without the cost of a full-time executive.
What are the benefits of a fractional CFO?
Fractional CFO’s help companies grow their business. They are brought into a company to help overcome specific financial challenges. A fractional CFO opens the door to executive-level insight and experience otherwise not fiscally possible. Capitis puts an experienced resource at your fingertips at a reasonable and predictable monthly price.
What companies can benefit from a fractional CFO?
As companies grow, there is often a tension between having the resources to support a full-time CFO and the simple reality that if you know your financials you can better grow your business. Capitis Advisors was founded to fill this gap. We focus on the finances so you can focus on your business.
How is a CFO different than an accountant or controller?
Finances are a collection of building blocks, and the accountant/controller is focused on today by providing record keeping, a reporting engine, and sometimes lower level modeling, which is just the foundational level to exist.
A CFO is strategically focused on tomorrow. They look at the why, what, and how your business can achieve the growth you desire. The right CFO expands the accountant's view of "today" with a deeper and more strategic perspective of your future.
What is your process for working with companies?
We prioritize your needs by listening to your specific situation. We follow a proven process by Learning, Building, and Measuring within a framework that meets your needs. The process is cyclical because the ideas, direction, and feedback continually improves your business.
How do you work with companies in the context of COVID-19?
We “opened the doors” in March of 2020. Yes, THAT March. So, operating fluidly in today’s environment is all Capitis knows. We operate with clients purely virtually or via a hybrid solution whether they are located in our Richmond, VA physical home territory or elsewhere. We are comfortable and adept at working and/or meeting in person within the right circumstances or maintaining the virtual presence.