You just received your CFO’s letter of resignation. Now what?
The role and objective of an Interim CFO is very different from that of a fractional CFO. A fractional CFO need typically arises from business success. The fractional CFO can spend time getting to know the business, the owner, understanding cash flow trends, building a team and processes.
An interim CFO does not have that luxury.
An interim CFO need almost always arises from a negative event (a resignation or termination).
An interim CFO must dive in quickly and has a very limited runway to build confidence and become effective.
For the CEO and Board, an interim CFO engagement involves significant risk. You are forced to make a decision you don’t want to make, on a timeline not entirely of your choosing, with one of the most important roles in your organization.
Viewpoint has developed a proven process and approach for success in the interim CFO role. Our three-pronged focus not only provides a smoother transition, but also sets the stage for a successful onboarding of your next permanent CFO.
Interested in learning more about this type of engagement? Request a brief case study here.