Fractional Accounting Services, Month-End Close, and Back-Office Support
- Full-Cycle Accounting Services
- Streamlined Month-End Close Processes
- Accounts Payable & Receivable Management
- Financial Statement Preparation
- General Ledger Maintenance & Reconciliation
- Payroll Processing & Compliance
- Back-Office Process Optimization
Get A Free Consultation
Some of our Amazing Clients
What Are Fractional Accounting Services?
Accounting and back-office support services provide the essential financial infrastructure that keeps your business running smoothly. Our comprehensive solutions cover everything from transaction processing and ledger maintenance to financial statement preparation and month-end close management. We handle the critical but time-consuming financial tasks that form the foundation of your business operations, ensuring accuracy and timeliness while freeing your team to focus on growth initiatives.
Why You May Need Fractional Accounting Services
Businesses face numerous accounting and back-office challenges that professional support can effectively address:
- Growing businesses struggling to keep pace with increasing transaction volumes and complexity
- Companies experiencing staff turnover or lacking specialized accounting expertise
- Organizations facing delays in monthly financial reporting and closing processes
- Businesses needing scalable accounting solutions without adding full-time headcount
- Companies requiring improved accuracy and consistency in financial record-keeping
Our accounting and back-office services establish reliable financial processes that provide timely, accurate information while reducing operational burden on your team.
CFO Hub's Fractional Accounting Services
Full-Cycle Accounting
Comprehensive accounting services covering the entire financial cycle from transaction recording to financial statement preparation. Our accounting professionals handle daily bookkeeping, maintain accurate ledgers, and ensure proper classification of all financial activities. We establish consistent processes that maintain the integrity of your financial data while adapting to your business’s unique requirements.
Accounts Payable Processing
Efficient management of vendor relationships and payment processes that optimize cash flow and capture available discounts. Our accounts payable specialists implement approval workflows, ensure proper documentation, and maintain accurate vendor records. We help businesses streamline payment processes, avoid late fees, and maintain positive supplier relationships while protecting against payment fraud.
Financial Statement Preparation
Timely, accurate preparation of balance sheets, income statements, cash flow statements, and supporting schedules. Our accounting team ensures your financial reporting complies with applicable standards and presents information in formats useful for management decision-making. We provide variance analysis and explanatory notes that help stakeholders understand your financial performance.
Payroll Processing & Tax Compliance
Comprehensive management of payroll calculations, payments, and related tax filings. Our payroll specialists process regular and special payrolls, maintain employee compensation records, and ensure compliance with tax withholding requirements. We help businesses navigate the complexities of payroll regulations while providing employees with accurate and timely compensation.
Month-End Close Management
Structured, efficient close processes that deliver timely and accurate financial statements. Our team implements standardized close checklists, verification procedures, and review protocols that transform chaotic month-ends into orderly, predictable workflows. We reduce close timelines while improving accuracy, giving management faster access to critical financial information for decision-making.
Accounts Receivable Management
Proactive oversight of customer billing and collections that improves cash flow and reduces bad debt exposure. Our accounts receivable professionals implement effective invoicing procedures, aging analysis, and follow-up protocols. We help businesses accelerate collections, identify potential payment issues early, and maintain accurate customer financial records.
General Ledger Maintenance
Meticulous management of your general ledger to ensure accuracy and proper classification of all transactions. Our accounting professionals perform regular account reconciliations, investigate discrepancies, and maintain chart of accounts integrity. We establish review processes that catch errors before they impact financial statements, maintaining confidence in your financial data.
Back-Office Process Optimization
Strategic assessment and improvement of administrative workflows to enhance efficiency and reduce costs. Our back-office specialists analyze existing processes, identify bottlenecks, and implement streamlined procedures. We help businesses leverage technology and best practices to reduce manual effort while improving accuracy and control.
Case Studies
What Our Clients Are Saying
“CFO Hub has been an invaluable resource for our company. Our CFO and accounting consultant helps keep our books updated and advises me on how to best create our financial forecasts. I’m so glad I get to work with them, I highly recommend them!”
“CFO Hub has been with us since day one. They provide outstanding accounting support and financial leadership we needed. They set up our accounting platform, managed our back-office ops, and assembled policies and procedures for our staff. I highly recommend the team at CFO Hub.”
“CFO Hub quickly identified and corrected some gaps in our management reporting and revenue recognition policies which really allowed me to move ahead at full speed toward our goals. Their quick and professional approach was refreshing and I’m glad we chose to work with them.”
“CFO Hub has been an excellent partner and invaluable resource to Tourmaline Labs. Their expertise and knowledge of general accounting practices and finance are a great asset to our company and allow us to focus on all other aspects of operations and growing our business quickly.”
Latest Accounting Insights
The 3 Financial Statements Every Business Needs
Learn about the three essential financial statements every business needs—income statement, balance sheet, and cash flow statement—to track performance and plan effectively.
How Contra Asset Accounts Impact Your Financial Statements
Learn how contra asset accounts impact your financial statements by reducing asset balances, improving transparency, and providing accurate financial reporting.
Complete Guide to Outsourcing Your Accounting Function
Explore the complete guide to outsourcing your accounting function, covering benefits, choosing the right provider, and ensuring seamless financial management for your business.
Frequently Asked Questions
What size businesses benefit most from outsourced accounting services?
Businesses of all sizes can benefit from outsourced accounting services, though the specific needs vary by company stage. Small businesses often gain access to expertise they couldn’t afford to hire full-time, mid-sized companies benefit from specialized knowledge and scalable resources during growth phases, and larger organizations frequently leverage our services for specific functions or during transitions. We customize our support to match your specific requirements and growth stage.
How do you ensure security and confidentiality of our financial information?
Can you work with our existing accounting software?
Yes, we have expertise across all major accounting platforms including QuickBooks (Online and Desktop), Xero, NetSuite, Sage Intacct, FreshBooks, and many others. We can work within your existing system or help you transition to a more suitable platform if needed. Our team adapts to your technology environment rather than forcing you to change to accommodate our processes.
Will we have a dedicated accounting team?
Yes, you’ll have a consistent team assigned to your account, including a primary accountant and a supervisor who oversees quality and ensures continuity. This team becomes familiar with your business operations, preferences, and requirements. We also maintain detailed documentation of your processes to ensure seamless coverage during vacations or other transitions.
Will we still control our financial data?
Yes. You retain full ownership of all accounts and files, and we serve as an authorized user to provide the integrated support you need. We maintain strict client confidentiality and security protocols, with all data access managed through documented procedures and secure platforms.
How do you handle month-end close for businesses with multiple entities or locations?
We specialize in multi-entity accounting and have developed systematic approaches to managing complex organizational structures. Our process includes standardized charts of accounts with location-specific mapping, consolidated reporting templates, intercompany transaction management, and entity-specific compliance requirements. We establish clear timetables and responsibilities that coordinate activities across entities while maintaining appropriate segregation.
Can you help clean up our accounting records if they're currently disorganized?
Absolutely. Record remediation is one of our core competencies. Our structured cleanup process begins with assessment of current records, identification of specific issues, and development of a systematic plan to address problems. We’ve helped businesses recover from years of problematic bookkeeping, reconstruct missing records, reconcile long-outstanding items, and establish proper accounting foundations to prevent future issues.