A fractional CFO is a chief financial officer who works for a company part-time, sharing their time across several businesses rather than serving one full-time. Outsourced finance is the broader model: a company delegates some or all of its finance function to an external provider instead of building a full in-house team.
This model is booming among growth-stage SMEs that need senior financial steering but cannot justify a full-time CFO salary. A fractional CFO brings strategy, controls, and credibility with banks and investors, at a fraction of the cost.
The constraint is time. A part-time CFO splitting attention across clients cannot afford to spend it on manual data work: chasing invoices, reconciling accounts, building reports. Yet that operational base must be solid for any strategic advice to hold.
Phacet gives outsourced finance leaders that operational base without the hours. The agent that automates the accounting inbox removes manual triage, the agent that reconciles bank transactions keeps cash data current, and the budget versus actual agent surfaces variances automatically. Each output is traceable through a native audit trail.
A fractional CFO sells judgment, not data entry. Phacet handles the operational layer so the CFO spends their limited hours on decisions, a fit for finance leadership running lean.
