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Wbg has launched a fractional chief financial officer (CFO) service, which is designed for SMEs that may not have the requirement or resources to hire a full-time CFO.
The firm said it will provide the financial leadership in accounting processes, systems, reporting and strategic advice that can be delivered by an experienced CFO on a part-time basis.
The new service will be delivered by a range of multi sector experienced CFO’s who will support with developing strategic business goals, implementing financial strategy, helping ensure robust financial reporting and budgeting and providing trusted financial information and advice to support business growth.
The offering builds on Wbg’s existing suite of services, which includes compliance, VAT, bookkeeping, management accounting, and cashflow management.
Catherine Livingstone, a partner in Wbg’s Accounts and Business Advisory Service, said: “With our new fractional CFO service, we aim to deliver objective, unbiased guidance that’s both flexible and responsive to the unique requirements of each business. No two businesses are the same—each faces distinct challenges—and our service is designed to offer personalised solutions that address those specific needs.
“This service allows us to give our SME clients access to tailored financial guidance and strategic support,” added Livingstone. “The fractional CFO service means a business can have an in-house advisor on a flexible schedule, providing expert input precisely when it’s needed.”
She added: “While Wbg is already a full-service firm handling everything from accountancy, advisory, audit, insolvency and tax advice – our fractional CFO offering, whereby we effectively become our client’s in-house advisor on a part-time basis, enables us to provide advice on every aspect of our clients’ business and financial advisory requirements whenever they need it.”
Allan Dowie, Wbg CEO, said: “We are delighted to launch our fractional CFO service which builds on Wbg’s existing service offering. The launch of this service is another step forward in our ambitious growth strategy in meeting the needs of our clients and SMEs across the UK.”
