The so-called "Uber-ization" of society, also known as the Sharing Economy, is having a transformative impact on many industries today. Companies such as ZipCar, Airbnb, and Uber are disrupting competitive markets by providing consumers with services that are convenient, efficient, and targeted to their specific needs. Can this concept be applied to the CFO role at your company? The answer is Yes!

1. Like ZipCar where drivers are only paying for the time using a vehicle that they really need, companies can benefit financially by paying a fraction of the cost of a full-time CFO while achieving all of the benefits. Based on an assessment of your needs, you and the Fractional CFO determine the amount of time needed to fulfill your requirements. If the situation changes, it is easy to adjust the amount of time spent by the Fractional CFO.
    
2. Like renting a home or apartment on Airbnb, companies using Fractional CFO's can more effectively match their needs and requirements to the solution they are paying for. Fractional CFO firms typically have partners with a wide diversity of industry and functional experience. The client is, therefore, able to choose a CFO who has industry or functional experience matching their requirements.
    
3. Like using Uber, clients are able to limit the risk of not being satisfied. Uber employs a rating system, visible to all through its App, which ensures Uber drivers have a vested interest in client satisfaction. Fractional CFOs typically are engaged without long-term contracts. If the fit is not right or the experience does not meet expectations, the client can quickly and efficiently go a different direction. Contrast that to the termination costs of a high priced executive who turns out to be a disappointment.
    

1. Find an established firm that has been doing business in your market for a reasonable period of time. Nperspective was founded in 2001 and has satisfied hundreds of clients across the State of Florida as well as nationally for many years.
    
2. Look for a firm that employs professionals who have significant and meaningful experience as CFOs and other C-Suite positions. The Partners and Principals at Nperspective all have top-flight experience at the C-Level across a wide range of industries and in a diverse set of functional roles.
    
3. Choose a Fractional CFO whose experience most closely matches your industry or the specific requirements for your assignment. With 17 professionals on staff, Nperspective has someone to fit your needs. By the way, another advantage of using a firm like Nperspective, which employs many high-caliber CFOs, is that your Fractional CFO can call for support from his peers on issues outside of his/her areas of expertise.
    
4. Work with the Fractional CFO in advance of the engagement to fully understand your requirements and to determine the benefits you expect to see. You might want to grow revenue or profits. You might not be receiving the information you need to run the business. Maybe you need someone to help you begin readying the business for eventual transition. Whatever your needs, a Fractional CFO from Nperspective can be a trusted partner in solving business problems.