California's Original Consulting CFO Firm Turns 30
Establishing the concept of interim and part-time financial expertise, CFOs2GO continues to prosper and innovate
Walnut Creek, CA, February 15, 2017 (Newswire.com) - CFOs2GO, the original firm providing financial management expertise on an "as needed basis" - interim or consulting or direct hire, has achieved a significant milestone - 30 years in business.
"We are extremely proud of the achievement and would like to extend our appreciation to our clients, partners and team. As I look back over the last 30 years, the concept of an "as needed" CFO emerged and matured in the marketplace to help literally hundreds of clients, said Robert Weis, CFOs2GO founder and CEO.
"In its current state, consulting CFOs are expected to have specific industry and/or situational experience that predictably produces value and a competitive advantage to their clients. While broad finance and accounting skills are most often present, specific business expertise is required," he continued.
CFOs2GO was established by Bob Weis in 1986 to narrowly serve funded start-ups. He observed that startups and early stage businesses had some of the financial complexities and challenges of large firms having CFOs without the resources or the need for a full-time hire. They would generally employ a bookkeeper or an accountant but there wasn't a way for them to get the guidance of an experienced CFO particularly as it relates to internal controls and helping engineering and marketing focus on monetizing the business plan.
CFOs2GO quickly attracted like-minded CFOs bringing new areas of expertise to the firm. They now have consulting CFO partners specializing in 25 practice areas that include, mergers & acquisition, international, health services, food and beverage, real estate development & construction, cleantech, non-profit, financial systems, family office; in all cases, CFOs2GO combines the traditional consulting CFO services with recruitment services so that expert CFOs can design comprehensive solutions, from bookkeepers to CFO, part- or full-time, contract or direct hire. Thus, establishing the possibility of a "longer term, as needed" consulting CFO guiding a business' financial operation while referring and recommending qualified candidates for direct hire positions, part- or full-time, all selected with a detailed and long term knowledge of the business' culture and business plan.
This idea of a sustained relationship over time on an "as needed "basis, now referred to as "outsourcing" or "the gig economy", was a success. In fact, CFOs2GO was featured in "Free Agent Nation: The Future of Working for Yourself" by Daniel H. Pink (published May 2002). In Free Agent Nation, Pink examines the beginnings of the free agent market interviewing individuals across the country on the cutting edge of professional consultant businesses and evaluates the pitfalls and benefits; challenges CFOs2GO lives and overcomes every day.
To its International clients seeking to expand into the U.S., the firm also offers Recruitment Process Outsourcing services. For a fraction of the cost of a headhunter, they manage the recruitment process for regional expansion, staffing a new office, or significant growth. Included are local pay and benefits information and full on-boarding services to ensure a compliant and an effective recruitment operation.
CFOs2GO continues to innovate, thanks to the expertise and ambitions of its consulting CFOs and its recruiters. "Achieving 30 years in business is a tremendous accomplishment for which we are humbly appreciative," said Bob Weis. "We will continue to bridge consulting and recruiting by practice group, resulting in unique and significant value to clients when providing financial talent on an "as needed basis"."