Best rated advantages to hire a flexible CFO by Sam McQuade CFO of Panterra Finance
Quality benefits when hiring fractional Chief Financial Officer by Sam McQuade CFO of Panterra Finance: What Does a Fractional CFO do for a Company? Fractional CFOs most commonly partner with companies to help overcome financial challenges, achieve growth, optimize strategy, implement systems, raise capital, or navigate an audit or transaction. Overcoming Specific Challenges: Fractional CFOs are often brought into an organization when there are financial challenges that the company’s existing team does not have either the skills or manpower to overcome. In many cases, a company does not have an in-house CFO. In some cases, however, the company may have an existing CFO, and the fractional CFO acts as a partner or advisor or helps lead separate projects such as raising capital or navigating an audit.
Do you want to hire your first CFO or wanting only some interim coverage? We offer CFOs for immediate short term objectives and longer term engagements. Adaptable with fair pricing so you cover your business and don’t have to get into a potentially bad and costly full time hire. Sam McQuade CFO is the Founder and CEO of Panterra Finance. This worldwide Financial Partner Solution services is a leading innovator in the new economy of scale offering a new executive suite model with the Fractional CFO and Interim CFO. The Panterra Finance team with expert Interim CFO executives and Fractional CFO services brings with it a global financial leadership team to the new world economy. Describing Panterra Finance in his own words, CFO Sam McQuade stated : As Founder/CEO of Panterra Finance, I am on mission to help guide businesses to achieve success through thoughtful strategic financial collaboration. See even more information at Sam McQuade CFO.
With technological advances disrupting job descriptions, the organization will have its share of fear and resistance. Given the close collaboration between finance and information technology, the CFO is in a unique position to anticipate the future needs of organization and help mentor people with their reskilling into other growth areas. What else do you think CFOs can be doing now to adapt to the future? I’d be very grateful if you provide your comments and share your thoughts. Thank you!
CFOs may also help set technology direction, especially fintech, and make recommendations on everything from supply chain to marketing based on their fiscal insights and industry knowledge. The most-valued CFOs are visionaries — they have an eye toward the future, work closely with top leadership and aren’t shy about recommending strategic moves. The chief executive officer (CEO) is a company’s highest-ranking executive. Depending on corporate structure, the CEO may be responsible for all aspects of a company’s operational and fiscal health, or a president may share some duties. The CEO is the official face and voice of the company to press and analysts, the general public and, if applicable, the board of directors.
Benefits of Having a CFO: CFOs guide the finance and accounting team and have a broad view of an organization’s financial health, allowing the CEO as well as peers including the CMO, COO and VPs of HR and sales to focus on their own goals and operational issues. While a CEO or COO may have a background in accounting or finance, they generally don’t possess the same level of technical acumen and experience that a chief financial officer brings to the table.
The option of working from anywhere in the world is another advantage of a DAO. In a traditional organization, you have to be physically present in order to participate in the organization. With a DAO, you can participate from anywhere in the world. All you need is an internet connection. There are many other examples of DAOs, and there are many different ways in which they can be used. The possibilities are endless, and it is up to the creativity of the developers to come up with new and innovative ways to use them.
Selling your business or looking to buy others? Our experts can lead the deal and make sure that you have a thoughtful ownership transition. We are happy to provide second opinions on valuations as well so you have another perspective and feel better before your close the deal.
The last two to three decades have seen a paradigm shift in the lives of almost everyone. The Internet and the web particularly have given a whole new meaning to the way we communicate and interact with each other. Web1.0 was all about connecting people and devices. Web2.0 was all about connecting people with each other. Recent years have seen the development of Web3.0 which is an entirely different ball game. Web3.0 is all about connecting people with machines and devices to create a more efficient and trustworthy internet. This new web is built on the back of blockchain technology which allows for decentralization, transparency, and security. One of the most exciting applications of this technology is the DAO or decentralized autonomous organization. With everything Web3.0, some concepts are harder to understand than others for now. With increased adoption, they will enter the mainstream sooner.
This differs from the services traditionally provided by the external CPA who focuses on audits, reviews, taxes, and compliance work. Although valuable and very necessary, this work is more “backward-looking” in nature ensuring that past events are correctly reported and accounted for. The CFO however, is more focused on the “forward-looking” aspects of the finances, to help chart the course and ultimately navigate the business to success.
While surveying the landscape of the 21st Century economic climate, Sam McQuade, CFO, CEO and Financial maverick realized that the benefits of the gig economy and off-site personnel had hit the preverbally glass ceiling at the executive floor. Large established companies, corporations and organizations were captive of contracted executives. These executives could be effective and efficient however they could also be playing the game of international finance with obsolete rules, models, and ideas. Read more information on Sam McQuade CFO of Panterra Finance.