Value Proposition

Outsourcing your Accounting Leadership

Businesses often require augmented CFO/Controller services but don’t want to allocate the resources required for a full time hire at that level, or they are loyal to an existing Controller and reluctant to hire above that person. We provide CFO, controller, and bookkeeping services part-time, as needed, on an hourly or fixed fee. This is not only a more efficient solution overall, but it affords the client a higher level of service and expertise than the full-time hire their budget would allow.

We add value by identifying missed opportunities in accounting systems and processes, eliminating inefficiencies that impose large, often unseen costs on many companies, and by providing actionable business reporting and decision-making tools to business owners.  

Examples of common entrepreneurial business accounting issues that RFT Partners can remedy:

  • The accounting department personnel are serving merely as historians. Financials are not kept in real time and/or the accounting system does not clearly isolate where the business is most profitable, or where waste is occurring.

  • Tax credits and deductions are overlooked because the accounting system is not configured to account for various nuances in the tax code, or the monthly financials and budgets are not consistently accurate enough to perform meaningful tax planning prior to year-end.

  • When it is time to prepare the annual tax return, the financial statements are not in adequate shape to plug directly into the tax return. The tax preparation firm spends half their time on bookkeeping related issues resulting in tax prep bills that are double what they should be.

  • The accounting department is a cost center for the business when it could become a profit generator.  It isn't enough for all the numbers on the financial statements to be right if the reporting isn't set up in a way that serves the owners and helps them make the right decisions about the business. Reconfiguring the accounting system and processes to generate more appropriate classifications and financial reports allows owners to use the accounting system as a forecasting tool and manage the business proactively.