Accounting Services
Outsourced Accounting

Expertly trained accountants with a deep understanding of the software and your industry,

Family Office Accounting

High-touch technology family office accounting services that ensure security and privacy.

Bill Pay

Outsourced bill pay solution with cash flow reporting and tracked expenses.

What Are Outsourced Accounting Services and Do I Need Them?

If you are asking yourself these two questions, you've come to the right place.

What’s the Difference Between CFO and a Controller - and What Do I Need?

Although these two important roles are sometimes viewed as interchangeable there are important differences between them.

Industry Expertise
Our Key Industries

Expert knowledge and high-quality software solutions for our 5 key industries.

Construction & Real Estate

Real-time financial data and integrated job costing to generate reports and improve accountability.

Manufacturing & Distribution

Track billing of materials, implement inventory control systems, manage supplier base, and reduce unnecessary costs.


Our team has the expertise needed to navigate deposits, refunds, chargebacks, and processing fees to maximize efficiency.

Professional Services

Streamline financial operation and increase overall profitability to enable faster and smarter decisions.

Family Office Accounting

High-touch technology family office accounting services that ensure security and privacy.

Why does industry expertise matter?

Industry focus allows us to be experts in the accounting needs of the companies that operate within these industries.

Why Plumb Works With These Industries

This is another one of our favorite questions. The answer is easy: we know these industries.

Software Expertise
Sage Software

Innovative software to manage your accounting, people, payroll, payments, and more.

NetSuite Software

Integrated cloud business software suite, including business accounting, ERP, CRM and ecommerce software.

QuickBooks Software

Scalable solutions for reporting, transactions, month-end close, analysis, and more.

QuickBooks to NetSuite Migration: A Comprehensive Guide

Migrating from one accounting software platform to another is a critical undertaking for businesses. This is especially true when considering a transition from QuickBooks to NetSuite.

How do I know which Software is right for my company?

Selecting the "right" software for your company might seem like an overwhelming task, but we'd like to help make this process easier for you.

Sage Software

Innovative software to manage your accounting, people, payroll, payments, and more.

Sage Intacct

Automate the critical processes, reduce the spreadsheet headaches, and get greater visibility into real-time business performance.

Sage 300 CRE

Sage 300 Construction & Real Estate connects finances and operations to help ensure maximum profit.

Sage 100 Contractor

The all-in-one construction software that goes beyond basic accounting to put you in total command of your projects.

Sage Estimating

Build bids quickly and precisely, plus integrate with other Sage software solutions to streamline operations.

Sage Paperless

Easily store, retrieve, and route documents for accounting and operations.

Sage Service

Streamline service calls and construction projects from start to finish with web-based real-time information.

Additional Solutions

Add-on these services to improve workflow and enhance data and analytics.

How and When to Choose Construction Accounting Software?

The right tools can help you manage your construction projects efficiently, provide clarity of your finances, and ultimately help improve profitability and job success.

5 Types of Visibility Every Construction Firm Should Have.

Here we list 5 key elements to help capture insights that are pivotal to running an efficient and lucrative constriction firm.

About Plumb

Plumb seeks to empower business owners and leaders to gain clarity about their financials to grow their business.

Case Studies

Learn more about our work with clients in a variety of different industries.

Meet the Team

Learn more about the Plumb leadership team.

The Plumb Promise


Want to join us? Check out our current open positions and apply today.

What can Plumb Do for Your Business?

At Plumb we pride ourselves on providing "clarity in accounting and stewardship in service." But what does that actually mean?

What's the Plumb Promise and What's in it for You?

We're on a continuous journey to go above and beyond for our clients. Here's how we do that.

6 Tips For Hiring The Right Fractional CFO Services In Riverside, CA

Posted on April 4, 2024 at 3:56 AM
Written by Plumb

The financial backbone of your small to mid-sized company can be significantly strengthened or profoundly challenged based on the caliber of its CFO. But what happens when the full-time expertise of a CFO is beyond your reach? The answer lies in fractional CFO services. These financial leaders operate in a part-time capacity, bringing notable financial management and strategic oversight comparable to a regular CFO. Knowing the best tips for fractional CFO services is critical to ensure you choose correctly to maximize benefits for your business.

We at Plumb understand your concerns and have crafted our services to meet your specific accounting needs. With our profound industry insights, we present a highly competitive set of fractional CFO services that stand strong compared to traditional providers. Having been a pillar of support for numerous businesses, our understanding and application of the best tips for fractional CFO services put us ahead in the selection process for any business looking for robust financial guidance.

Identifying Specific Financial Needs and Goals for Your Riverside Business

There's no one-size-fits-all CFO solution. Each company is unique, with a distinct financial landscape. You, therefore, need to first have a clear grasp of your financial needs and goals. This will guide your quest for the right fractional CFO services. From accurate bookkeeping to insightful financial analysis, identify what expectations you have from a CFO. Once you have a financial checklist in place, it's easier to assess if a candidate's skills and experience align with your requirements.

Setting your business goals alongside your financial goals is equally important. You should not only think about your current financial needs but also consider your business's future growth trajectory. A skilled fractional CFO should be able to guide you through both constructing the financial architecture for the present and putting in place financial strategies for the future.

Seeking Recommendations for Fractional CFO Services Within the Riverside Community

A great way to find the right CFO services is by tapping into the local Riverside community. Look to your business peers, contacts in local business organizations, or even online forums for references or recommendations. Positive experiences from businesses in your region highlight the services' demonstrated proficiency. Yet, remember that recommendations should only be the starting point in your search.

You're not just looking to get recommended Outsourced Accounting Services; you need the best. This means after gathering a group of candidates, thoroughly vet them. Check their qualifications, execution record, and frame of mind, and verify their skills with past clients or employers. The right CFO service will have proven financial leadership, have a deep understanding of your industry, and share your business vision.

While recommendations can help you find a fractional CFO, ensuring they can contribute positively to your business's financial performance and growth is your responsibility. Explore the options and make the most informed decision for your Riverside business. After all, it's your business's financial health and future that's at stake.

Evaluating the Industry Experience of Fractional CFO Candidates in Riverside

As the saying goes, there is no substitute for experience. This couldn’t be more true when it comes to hiring fractional CFO services. An experienced CFO can hit the ground running, quickly adapting to the unique financial environment of your business. For businesses located in Riverside, hiring a CFO with local industry experience is a boon. They will be familiar with the market dynamics and will have a better understanding of the financial landscape, the challenges unique to the region, and the business culture.

Experience isn’t just about the length of time spent in the field but also working with businesses similar to yours. It matters whether their experience is relevant to your industry. They should be accustomed to the financial operations, regulations, and risks associated with your specific sector. A CFO experienced in your industry can provide strategic insights, optimize performance and grow revenue.

Checking for Relevant Qualifications and Certifications of Fractional CFOs in California

Hiring a qualified and certified fractional CFO for your Riverside-based business is indeed necessary. It’s about trusting someone with your business's financial health, and you can't afford to take that lightly. The right fractional CFO will have a solid educational background in finance or related fields and certifications that attest to their proficiency. The Certified Public Accountant (CPA) is one such sought-after certification, but other certifications like a Certified Financial Planner (CFP) or a Certified Management Accountant (CMA) also hold great value. These qualifications are proof of their technical competence, ethical standards, and commitment to the profession.

On top of these standard qualifications, check if their expertise fits your business's unique needs. Do they have additional qualifications or experience in areas that matter to your business – such as corporate restructuring, mergers and acquisitions, startups, or international business? You have to ensure they're equipped with the skills to meet your business's specific needs and goals. Remember, the objective is to hire the best-suited Outsourced Accounting Services for your Riverside business.

Prioritizing Strong Communication Skills in a Fractional CFO for Effective Collaboration

Healthy financial management is a collaborative effort, and a fractional CFO with strong communication skills is one of the primary drivers behind that collaboration. A CFO must be able to convey complex financial information, both verbally and in writing, in a clear, concise, and understandable manner. This ensures that all the key stakeholders, including the senior management team, employees, and other support functions, are in sync with the company's financial position and performance. The right CFO will be a proactive collaborator, taking on a leadership role, proficient not only in transmitting but also in listening, understanding, and addressing concerns from other business segments.

Effective communication goes beyond just sharing information. The capacity to communicate extends to the skills of persuasion, negotiation, and consensus-building. A CFO with these complementary skills will work closely with the leadership team to align financial strategies with the business's vision. They will diplomatically create a shared understanding, address potential conflicts, and drive the business forward with a shared sense of purpose.

Assessing the Technological Proficiency of Fractional CFO Services in a Digital Age

As technology continues to permeate every aspect of modern business operations, having a CFO with sound technological proficiency becomes crucial. They should be well-versed with the latest financial software and tools to analyze data accuracy, streamline processes, facilitate decision-making, and uncover valuable insights. For a CFO to be adaptable and innovative, they must understand how these tools can shape a company's financial strategy and optimize financial operations.

To evaluate a candidate's technological proficiency, inquire about their experience with implementing and optimizing financial systems such as enterprise resource planning (ERP) platforms or customer relationship management (CRM) systems. Make sure the potential CFO has hands-on experience with popular accounting software tools and a good understanding of data analysis techniques. By having a CFO who is at the forefront of technological innovation, your Riverside-based business can stay agile and responsive to the ever-evolving financial landscape. 

Elevate with Plumb's Outsourced Accounting Services

Chart your financial success with Plumb. Our fractional CFO expertise will provide your business with consistent, high-level financial management, savvy business advice, and insightful financial reporting. Additionally, our Plumb Outsourced Accounting Services focus on maintaining an accurate record of your income, expenses, and overall profitability, thus allowing you to focus on the core areas of your enterprise. Destined for success? Make it a reality by harnessing Plumb's exceptional outsourced accounting services.

Read more blog posts

Sign up now:

Receive actionable business and accounting insights directly to your inbox.

Submitting this form subscribes you to emails from Plumb. View our privacy policy.