Financial Business Partner Outsourcing
Take your analysis from reactive to proactive
Whether you are running reports from your cloud apps or using a traditional Virtual CFO (vCFO), you are only getting part of the picture. You can get a breakdown of what happened but what if the performance isn't that good? That's when you need a Financial Business Partner, to work with you on putting together concrete plans to make improvements instead of leaving you guessing.
Why Outsource?
If Financial Business Partners are great, then why don't you just hire one yourself? Like with many skilled positions, your business may not be able to sustain a full-time FBP. Rather than miss out on the valuable insight you need, outsourcing lets you get started at a much more affordable cost. You only need to pay a fraction of the cost of a fulltime salary, while still getting access to an experienced resource.
Actionable Insight
It's important to know how your business is performing for a given period but that information in isolation doesn't give you any tools to improve the situation. A Financial Business Partner will help you understand the drivers of your business and your true costs and give you insight that you can act on.
What's in a Name?
The 'Partner' in Financial Business Partner is related to the closeness of the working relationship of the FBP with you and your business and has nothing to do with equity. An outsourced FBP will feel like you have someone as invested in the success of your business as you are but you get to keep all of your equity.
Start working towards your future today
If you're ready to move past 'what happened last period?' to 'how do I do things better in the next period?' and need someone to work with you to put a plan in place, you need an Outsourced Financial Business Partner from Exact. The sooner you start, the sooner you are on your way to better business performance.