“[But] isn’t it true that if you had a client that could explain how every single decision they make in their business impacts revenue, gross profit, net profit and cash, you would have a significantly smarter, better-informed client base than probably anybody else?”.

– Michael King, Founder of The CFO Accelerator

Today I’m speaking with Michael King. Michael is the CEO of KFE Solutions, which is the top rated Fractional CFO firm in Dallas, Texas. He’s also the creator of The CFO Accelerator, where he helps Accountants and fractional CFOs start, scale, and optimise their advisory services. He is also the host of, The CFO Report, where he shares tips, tricks, and hacks he discovered over the past 7 + years building his fractional CFO firm.

In this episode, we talk about . . .

– Fractional CFOs should focus on providing insights, not just generating reports.

– Accurate, timely financial data is critical for fractional CFOs to provide valuable insights to clients.

– Automating financial reporting with tools like G-Accon can save time and reduce errors.

– Building a simple, effective tech stack is crucial for fractional CFO success.

– Partnering with the right technology, like G-Accon, is key for streamlining operations.

– Fractional CFOs should start with simple, core financial metrics to empower clients for better decision-making.

– The fractional CFO industry offers significant potential for impact and growth.

– Leveraging pre-built templates and automation in tools like G-Accon can help fractional CFOs streamline report generation.

– While emerging technologies like AI and ChatGPT have potential, they may not yet be ready for practical application in fractional CFO work.

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