Tag Archives: Fractional & Interim
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CASE STUDY: Interim CFO Stabilizes Finance Function
An ambulatory surgery center with multiple locations faced a crucial finance leadership gap after its CFO and controller left the company. The business struggled to maintain basic financial operations leading to audit delays and disorganized financial reporting. Fahrenheit Advisors was engaged to stabilize the finance function and fill the leadership void.
Fahrenheit Advisors quickly deployed an interim CFO consultant with…Read More -
CASE STUDY: Interim Office of CFO Team Supports PE Investment and Growth
In response to rapid growth and new private equity investment, Ensemble Music Schools was seeking an interim CFO to lead and enhance the company’s finance organization while it actively recruited for its first full time CFO.
Fahrenheit urgently provided a skilled interim CFO with private equity experience to partner with Ensemble’s founder and CEO. The interim CFO supported new…Read More -
CASE STUDY: Adapting Fractional Financial Support As Client Needs Evolve
KidMed, a multi-site after-hours pediatric care practice, needed finance and accounting support following the departure of its practice Administrator/Controller. KidMed’s owners sought the help of Fahrenheit, which provided a Fractional Controller to fill the gap. It soon became clear KidMed needed a higher level of support than was originally thought. The owners put their confidence in Fahrenheit’s expertise to help…Read More -
CASE STUDY: Providing Leadership and Financial Clarity After a CFO’s Termination
The CEO of a long-standing, highly respected community organization lost confidence in the performance of its CFO. Following the CFO’s termination, the CEO needed immediate financial leadership to maintain operations. Financial reporting and cash position concerns prompted the CEO to engage Fahrenheit Advisors to establish critical financial clarity keeping the organization running smoothly until a new CFO/Controller could be secured.…Read More -
CASE STUDY: Scaling Finance Capabilities & Team Following an Acquisition
Following a corporate acquisition and resulting divestiture, a high-performing biomedical services subsidiary (AVS Bio) needed to redefine itself as a stand-alone entity. Faced with a tightly scheduled Transitional Services Agreement (TSA), the newly independent company had only seven months of support from its former parent company before the exit deadline. The organization sought Fahrenheit Advisors’ expertise to establish fully functional…Read More -
CASE STUDY: Operations, Employee & Assets Stabilization
A 30-year-old family-owned regional logistics and distribution company was in crisis. It had closed its year with a $3 million loss and was in default with lenders. In fact, it had not been profitable in recent history, with the exception of a brief but unsustainable boost during the pandemic. The company lacked leadership, strategy, and operational efficiency. Its CFO, a…Read More -
CASE STUDY: Timely Interim Finance Leadership Helps Meet Deadlines
When the Virginia Department of Rail and Public Transportation’s CFO and other financial leaders left to join a newly created state agency, the department’s accounting function lacked leadership and finance talent at a critical time. As deadlines quickly approached to launch a new payroll system and deliver end-of-year close and ARMICS reporting, it became apparent to department leadership that the…Read More -
Business Advisory Services at Fahrenheit Advisors
Don’t face strategic business challenges alone. Partner with business advisory experts who have been in your shoes and overcome the problems keeping you up at night. Whether revisiting strategy, improving processes, or executing complex transactions, collaborate with Fahrenheit and confidently take your business straight forward. Connect with us for:
STRATEGY CONSULTING & IMPLEMENTATION
Define, plan, and lead initiatives that…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.
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The Difference Between Accounting and Finance and Why It Matters
You may hear the words “Accounting” and “Finance” and think they mean the same thing. However, there is a distinction between the two and understanding the difference will help your company to grow and ensure that it has the resources in place to handle this growth.
What is the difference between “Accounting” and “Finance?”
The actions of both the Finance…Read More