Outsourced Affordable CFO Services

Experienced, Knowledgeable and Trustworthy, We're in Your Corner.

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Avotri Odoom & Co LLC is a full-service virtual business accounting and advisory firm. Our team includes fractional CFOs who guide financial strategy and analysis, experienced outsourced controllers who work with your fractional CFO and your company for financial reporting and analysis, virtual bookkeepers (bookkeepingtasks.com) who can help with record keeping and accounting tasks to augment or replace an in-house team. Businesses of all sizes benefit from hiring a Chief Financial Officer (CFO) or controller. But many small business owners worry that they can’t afford it. Maybe you’ve been trying to take care of your business financials in your spare time (or ignoring them altogether), but quickly realized it’s a losing battle because unless you’re an accounting professional yourself, your expertise lies elsewhere.

We are dedicated to your success

When you take advantage of our outsourced CFO services, you get a dedicated, experienced financial professional who helps you make the tough business decisions you need to guide your business to future success.

Accurate financial insight

You’ll also have a better understanding of the financial side of your business based on hard numbers. No more guessing about whether you’ll qualify for that loan to buy more equipment or wondering why you’re always short of cash.

When you use our CFO services, here’s what we do for you:

  • Prepare monthly, quarterly, or annual financial statements
  • Financial forecasting
  • Accounts payable and receivable
  • Provide guidance for increasing cash flow and improving profitability in support of future financial goals
  • Strategic tax planning
  • Tax compliance (sales use and payroll taxes)
  • Set up an accounting system and controls

We have serviced clients across the U.S. Africa and Asia. While many of our services can be completed remotely, we are always willing to schedule regular or situational meetings in-person. This is a great option if you need a fractional CFO to show up for board meetings, negotiations, to train employees, supervise transitions, to work through challenges, or to oversee programs or growth.

For more information about our fractional CFO or controller services, or to discuss your company’s particular needs, contact us today.

Our Services

Optimize your Financial Strategy

The best strategic business decisions are based on information. Let our CFOs take your financial strategy to the next level by improving your business intelligence and reporting, improving weak spots and challenges, and using current performance and industry trends to optimize your financial strategy. The result is a long-term, successful strategy and the systems to maintain it.

Prepare for & Manage Growth

Growth is good, but unsustainable growth can be a recipe for disaster. Our fractional CFOs will help put the right systems in place to ensure your growth is healthy and sustainable. This includes strategies for cash flow management, supply chain management analysis, payment terms optimization, financial systems improvement, forecasting, budgeting, and more.

Resolve Cash Flow Challenges

Cash flow-related challenges are one of the biggest reasons companies fail. Our fractional CFOs can help If you have high accounts receivable, have money tied up in excessive inventory, often use current project budgets to fund future projects, we can help. Our experienced fractional CFOs will analyze your current cash flow, find areas for improvement, and help implement those changes.

Raise Capital

Our fractional CFOs have helped raise hundreds of millions of dollars in capital. Let us help prepare documents, oversee due diligence, tap into our robust lending and investing network, negotiate contracts, and more. Not sure what you need or when? Our fractional CFOs will forecast your capital needs (timing and amounts), strategize the best debt-equity mix, and oversee the raise.

Prepare for a Transaction

Are you preparing for a merger, acquisition, or exit? Our fractional CFOs will make sure things go smoothly while ensuring you get the best deal possible for your situation. If you’re not sure where you're taking your business and want advice on your options, our fractional CFOs can analyze opportunities, weigh risks and rewards, and help design a plan to get you where you want to go.

Forecasting & Budgeting

Our most popular fractional CFO service, financial forecasting and budgeting makes your goals actionable and attainable. Our fractional CFOs will create short- or long-term forecasts and budgets to help create a precise blueprint to help you get from where you are to where you want to go. We have designed hundreds of forecasts for dozens of industries.

Fractional CFO Services Offered by Preferred CFO

Avotri Odoom & Co. LLC expert fractional CFO services include solutions to help you overcome challenges, accelerate growth, prepare for transactions, increase shareholder value, and achieve goals. Below are some of our most common fractional CFO services. These are just a brief overview of some of the services we offer. For more information about our high-level fractional CFO consulting services, fill the form to request a call back.

What Clients Say

"I have worked with Kofi and his team on several projects throughout the years. He is a smart, thoughtful and patient individual who brings knowledge and a valuable perspective that has enhanced my business.


"Led by Kofi Odoom, this firm includes experts who are willing to help! They were beyond flexible by being available to meet in-person and remotely. The customer service is beyond tremendous and is a bonus to hiring them!


"I have been working with Odoom and Associates and the value has been tremendous. Within a few months they ensured my company was protected through an LLC, all my financials were up to date and I had a much better understanding of my company's financial future.


Answers to Your Questions

What is a Fractional CFO? +-
A fractional CFO is a financial expert who provides strategic advisory, forecasting & budgeting, systems optimization, capital-raising assistance, or other CFO services on a part-time or project basis. “Fractional” means the CFO works for a single client on a predetermined limited basis, usually working with a small handful of clients at a time. This means the cost is often significantly lower than that of a comparably-experienced in-house, full-time CFO. A fractional CFO provides high-level financial strategy, systems analysis and design, and operational optimizations. They can also help a company resolve challenges such as cash flow issues, raising capital, solving tight margins, implementing more efficient systems, or preparing for growth.
What are your fractional CFO rates or costs? +-
The rate or cost of a fractional CFO depends on what types of services you need, how many hours per month are needed, whether your services will include support staff such as controllers and bookkeepers, and the term (length in months) of the arrangements. Most of our agreements are 12-24 months to maximize impact, though we do offer shorter term project solutions. Let us put together a proposal for your specific needs by filling out our contact form.
Why hire a fractional CFO? +-
The main reasons a company chooses to hire a fractional CFO over an in-house CFO are because they can’t afford a full-time CFO hire, they want to maximize experience and value for the cost, they have only a temporary situation (like an audit or capital raise) that they need CFO assistance with, or because they’re ready to take their financial strategy to the next level. Fractional CFOs maximize experience and impact while minimizing in-house cost and commitment.
What if we already have a CFO? +-
No problem! Our CFOs are great at working with in-house teams to train, implement systems, and elevate strategies.
What industries do you specialize in? +-
We pride ourselves in the diversity of our fractional CFOs’ industry backgrounds. With some of the most experienced CFOs in the industry, we specialize in everything from manufacturing, SaaS, communications, construction, medical devices, travel, security, retail, and solar, to education, medical & health services, mortgage, food and beverage, gas and oil, venture capital, and more. Not sure if we fit your niche? Let us know what you’re looking for and we will share our information sheets of the best fractional CFOs we have to fit your needs.
What if we don’t have any bookkeepers or controllers on staff? +-
Preferred CFO has full financial teams at the ready to help implement your financial strategies. Whether you’re only in need of a fractional CFO or also need supporting help from an outsourced controller or bookkeeper, we have experts on staff to help.