-
AI-Powered Automation to Transform Finance, HR, and Sales
With every prompt you put into ChatGPT or another of the large-language artificial intelligence (AI) models producing so much buzz lately, you’re powering forward the next incredible shift in modern business operations.
These shifts began with the personal computer, which boosted output and made business fundamentals easier to accomplish. Then the Internet connected and accelerated everything. And now, AI, as…Read More -
How Fractional or Interim Talent Benefits Your Business
When the unexpected strikes your business – the departure of a key leader, a competitor’s adoption of disruptive technology, unintentional non-compliance with regulations, or another shock to the system – hiring fractional or interim finance, HR, or sales talent to meet the challenge and right the ship is often the best course of action.
It’s like calling one of the…Read More -
Fahrenheit Finance & Accounting Expert Spotlight: Russ Gambrel
Russ Gambrel has never been an “accountant’s accountant.” He’s more of a “chief executive’s accountant.” A talented practitioner with excellent communication skills who assesses financial process challenges, succinctly communicates solutions to organizational leaders, and leads effective implementations that get results.
As a fractional consultant, Russ rights the ship quickly when a client’s accounting infrastructure fails, or a key person…Read More -
CASE STUDY: Recruitment, Compliance & Finance Improvements Ready SaaS Provider For PE Investment
CommunityWFM’s rapid expansion in North America attracted significant outside investment interest from several private equity groups. Before investing, however, they wanted to see the software-as-a-service (SaaS) provider of workforce management solutions upgrade its accounting and financial reporting capabilities. Fast growth also stretched CommunityWFM’s human resources function, limiting the ability to recruit top talent actively and risking noncompliance with security and…Read More -
CJ Spady Joins Fahrenheit Advisors to Lead Firm’s Expansion in Virginia’s “757”
RICHMOND, VA. (JAN. 10, 2023) – Fahrenheit Advisors announced today that CJ Spady, an experienced certified public accountant, finance executive, entrepreneur, and business consultant, has joined the firm to lead its expansion in the “757,” the southeast region of the state stretching from Williamsburg to Virginia Beach.
As managing director and 757 market leader, Spady is responsible for Fahrenheit’s business…Read More -
Use a Balanced Scorecard to Measure Business Performance
“There were 5 exabytes of information created between the dawn of civilization through 2003, but that much information is now created every two days.”
— Eric Schmidt, Executive Chairman at Google
The future’s history books — which I’m guessing will only exist in some digital format — will undoubtedly chronicle the past 50 years as a nearly incomprehensible explosion…Read More -
CASE STUDY: Fractional CFO Helps Software Company Grow
Fahrenheit Advisors deployed exactly the right CFO talent at the exactly the right time for a growing software firm encountering unexpected turbulence.
When AgilQuest’s CFO suddenly and unexpectedly left for another opportunity, the software company faced disruptions as it transitioned from an enterprise solutions provider to a cloud-based Software-as-a-Service platform. It turned to Fahrenheit Advisors to maintain course.
…Read More -
3 Ways for CEOs to Tackle Inflation Challenges
Inflation is the Darth Vader of every business today. For more than a year, rising prices have caused rising concern for CEOs distressed about protecting their profitability. With inflation giving us an unwelcome throwback to the 1980s, it’s no wonder it keeps Virginia Council of CEOs (VACEOS) members up at night.
Experts and pundits disagree on whether we’ve seen the…Read More -
4 Ways To Speed Up Cash Flow
It’s great to find clients and deliver high quality work, but sometimes the effort to get paid for that work is greater than it should be.
This was especially true during the heart of the pandemic. Many small businesses faced challenges in not only billing clients, but also collecting payments on those invoices. According to a recent survey of 3,139 small businesses,…Read More -
Making Business Process Automation Easy for Finance and Accounting
A decade ago, the benefits of finance and accounting automation — like saving time and money — were available only to big Fortune 500 companies. Fast-forward to today and technological advancements now allow companies of any size to harness the benefits of automation.
In fact, in a Q1 2022 poll of 450 business leaders, nearly half said their company is…Read More -
CASE STUDY: Increasing Profitability Through Reporting, Data, and Analytics
Fahrenheit's Finance & Accounting team delivered greater financial clarity, actionable insight, and increased revenue to a fast growing regional administrator of retirement plans. The following case study summarizes the engagement.
ERISA Services, Inc., a family-owned, regional administrator of retirement plans for small and mid-size companies, enjoyed explosive growth over the years, recently launching affiliated companies in new states across the…Read More -
89 Ways a Fractional CFO Can Help Your Business
When you need financial expertise beyond your current team, a fractional CFO is the ace up your sleeve to help you conquer your goals. You get valuable insight and focus without making a full-time hire — and that’s definitely a win for your business.
Whether you’re looking for an expert to take on a special project or you need an…Read More