An outsourced CFO is a financial expert who provides strategic guidance, financial planning, and management on a part-time or contractual basis. They oversee critical functions such as cash flow management, risk assessment, and stakeholder reporting, ensuring your business operates efficiently and grows sustainably.
For details of BBO Consulting’s impact on its customers view our case study page where we focus on the legacy our team have left behind at some of our customers.
Led by Kevin Backhouse, a CA(SA) with an ACMA and MBA, our outsourced CFO service brings strategic insights, practical solutions and short term bottom line impacts using our decades of financial and strategic leadership.
We are passionate about solving business challenges using actionable strategies that drive a sustainable increase in profitability and improved cash flow within a short time period. We use our cross industry experience and extensive networks to identify quick wins and use your data to help drive improved decision making. Our outsourced CFO services are not just about monthly reports, tax, audit and budgets – we want to make an impact on your business’ bottom line and improve your business’ cash flow.
Our team has consistently delivered measurable results, including increases in GP%, growth in revenue, cost savings, and improved net working capital days that ultimately results in improved cash flow. For more detail on our proven track record view our case study section.
As a trusted advisor, we provide unbiased, expert guidance for key business decisions, offering insights that drive long-term value. We offer an excellent sounding board whether it is discussing specific business strategies or challenges. Our cross industry experience means we have been faced with many challenges throughout our careers, and we pride ourselves on working together with our clients to solve business problems and drive their businesses forward.
SMEs typically face a challenge in that they are too small or cannot afford to hire an experienced CFO with experience at driving business growth. Often these businesses either have an accountant or financial manager who are good at producing basic management accounts, submitting the various tax returns, reconciling and paying creditors, and (if you are lucky) chase up on outstanding debtor payments. We help streamline finance processes and introduce best practice financial controls. We then compliment your existing team by adding new skills that your business has never had before, such as:
We use our experience with customer’s data to present it in a simple and meaningful way that improves decision making. Too often business decisions are left to gut feel only – we firmly believe that the art (or gut) needs to be complimented by the science (or data). Most business’s have a wealth of data, but do not have the skills to interpret and present it in ways to assist decision making. We help businesses make informed choices that drive profitability and sustainable growth.
As our outsourced CFO model is part-time in nature, your investment in an outsourced CFO is significantly cheaper than hiring a permanent CFO, and will provide you with short term wins, and improvement in processes that will persist in the long term.
An outsourced CFO offers businesses access to experienced financial expertise without the long-term commitment of a full-time CFO. Whether you’re navigating growth or managing financial challenges, an outsourced CFO is a valuable strategic partner. Outsourced CFOs offer the same level of expertise as permanent CFOs but at a fraction of the cost. With extensive experience across industries, outsourced CFOs bring fresh perspectives and innovative solutions to financial challenges.
As your business grows or faces new challenges, outsourced CFO services can scale to match your needs.
Through detailed financial analysis and planning, an outsourced CFO helps businesses optimize operations and improve margins.
Our approach at BBO Consulting is to work together with you as the business owner and your existing finance teams to drive improved profitability and cash flow, and to help streamline processes or drive specific projects like annual budgets, tax compliance, project managing BBBEE implementation or any other business challenges. Our passion is to add value to your business and leave your business with tangible improvements in a short period of time.
By providing clear, actionable financial insights, outsourced CFOs empower businesses to make data-driven decisions that align with their goals.
Outsourced CFOs ensure accurate reporting and effective communication, building trust with investors and other stakeholders.
We use 10 critical pillars of financial and business success to help your business improve, provide analysis and insights into your business, increase your business’ long-term sustainability, assisting with fundraising to achieve your growth goals, and provide your business with a trusted and experience business partner to assist with whatever day to day business challenges you face.
