Accounting Services
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Outsourced Accounting

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

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Family Office Accounting

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

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Bill Pay

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

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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
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Our Key Industries

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

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Construction & Real Estate

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

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Manufacturing & Distribution

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

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E-Commerce

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

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Professional Services

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

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Family Office Accounting

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

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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
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Sage Software

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

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NetSuite Software

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

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QuickBooks Software

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

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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
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Sage Software

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

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Sage Intacct

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

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Sage 300 CRE

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

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Sage 100 Contractor

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

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Sage Estimating

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

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Sage Paperless

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

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Sage Service

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

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Additional Solutions

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

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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
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About Plumb

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

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Case Studies

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

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Meet the Team

Learn more about the Plumb leadership team.

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The Plumb Promise

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Careers

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

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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.

How To Hire The Best Fractional Controller Services For Your Company

Posted on January 13, 2025 at 7:31 AM
Written by Plumb

Selecting the right fractional controller services is an important decision for businesses attempting to strengthen their financial operations. These services offer expert guidance without the cost of a full-time employee. This allows companies to enjoy both flexibility and specialized knowledge.

To make the right choice, companies should evaluate specific aspects of the provider and line up their decision with business objectives.

How to Hire the Best Fractional Controller Services

Assessing Industry Experience

Industry experience greatly impacts the value a fractional controller can bring to the table. Companies in construction, e-commerce, and manufacturing, for example, face unique challenges.

It’s important to choose controllers familiar with your industry. Their understanding of specific compliance requirements, cost management, and revenue recognition guarantees accurate and relevant financial reporting.

Beyond general accounting expertise, specialized knowledge is indispensable for financial analysis specific to your operations. Controllers well-versed in complex industries can identify financial opportunities and challenges that generalists might overlook.

Skills in Advanced Financial Tools

Modern businesses rely heavily on technology to manage finances efficiently. A competent fractional controller should have full knowledge of financial software. Familiarity with platforms like NetSuite software is beneficial for simplifying processes and generating helpful insights.

Expert controllers use these tools to organize data and create detailed financial models. Their proficiency translates into more accurate cash flow analysis, easier reconciliations, and good resource allocation strategies. This capability allows companies to handle their finances confidently.

Clear Communication Abilities

Transparency and communication are needed to manage business finances. Fractional controllers need to clearly articulate financial outcomes, risks, and strategies. Their capacity to explain technical concepts in easy-to-understand terms helps management make better decisions.

Search for candidates who have a proven record of translating complex data into accessible and practical insights. These professionals create confidence across leadership teams and pave the way for well-informed financial planning.

Prioritizing Alignment with Business Goals

Every business has unique priorities, whether it's aggressive expansion, lean operations, or careful risk management. The best fractional controllers adjust their approach to support these objectives smoothly. Evaluate how well prospective candidates align their practices with your company's goals.

For example, growth-focused businesses will benefit from a controller adept in budget forecasting and capital allocation strategies. On the other hand, risk-conscious organizations may prioritize controllers skilled at audit preparedness and regulatory compliance.

Flexible Engagement Models

Fractional controller roles are naturally project-based. However, engagement structures can differ. Depending on your needs, you may require ongoing oversight, specific project support, or temporary full-service arrangements. Hiring firms that offer multiple engagement options provides smoother collaboration customized to your requirements.

Determine in advance what level of engagement fits your workload and financial complexity. Have clear discussions about their availability and responsiveness. This helps avoid misunderstandings during busy times.

Proven Track Record of Success

Reliable controllers come with demonstrated success in their field. Before hiring, request case studies, testimonials, or metrics that reflect their prior performance. Examples of transformative financial oversight in businesses of similar scale or industry speak volumes about their ability to deliver.

Controllers with a track record in outsourced accounting can bring diverse experiences that help refine business practices. They address inefficiencies carefully and effectively. Through consistent, measurable results, they earn trust over time.

Technical Expertise

A skilled controller should excel in technical aspects of accounting, including accurate revenue recognition, reconciliations, and tax preparation support. Their expertise helps keep your financial records reliable and protected from potential issues.

With knowledge in tax-efficient structuring, budget adjustments, and external compliance reporting, they help build confidence in your business's financial health. This level of technical command assists with smooth operations at every stage.

Knowledge of Outsourced Resources

Outsourced accounting brings value by broadening available expertise and minimizing fixed operational costs. A fractional controller familiar with outsourced accounting practices works well with such resources. This capability allows businesses to access global accounting talent while controlling spending.

Decide whether your prospective controller collaborates well within remote team environments. This skill helps create efficient workflows. In distributed settings, outsourcing is becoming the preferred model for cost-effective accounting.

Evaluating Cultural Fit

Financial professionals have a big impact on day-to-day operations and long-term strategies. Finding a controller who aligns with your company culture makes collaboration easier. It also strengthens decision-making.

Start by understanding how they handle challenges. Ask about how they manage conflict. When values align, it reduces friction and fosters a productive working relationship. Their ability to connect with team members at all levels adds clarity. This is helpful when coordinating budgets and implementing new strategies.

Adaptation to Technological Shifts

A competent fractional controller adapts readily to innovations in accounting software and methodologies. As technology evolves, it’s important to choose candidates familiar with current advanced platforms like Sage software. This helps keep your systems efficient and competitive.

Ask whether they’ve participated in recent software migrations or technological implementations. Their ability to deal well with change preserves continuity during system upgrades. This will set businesses up for long-term operational success.

Financial Planning for Growth

An experienced controller develops strategies to guide businesses during transitions or expansions. From integrating acquisitions to increasing cash flow visibility, fractional controllers offer high-level advice imperative to successful scaling.

Identify professionals with insight into growth-friendly policies, grant funding opportunities, or public listing preparation. These services help fast-growing businesses overcome hurdles while optimizing their financial momentum.

Working Through Specific Challenges

Every business encounters specific pain points, whether tied to seasonality, product development delays, or economic trends. A skilled fractional controller approaches challenges methodically and customizes their solutions to a company's conditions.

If delayed receivables impact your operations, look for fractional controllers with strong cash flow management skills. Their ability to restructure outstanding receivables or shift payment terms highlights their competence in resource optimization.

Plumb Knows Fractional Controllers

At Plumb, we have long recognized the importance of experienced fractional controller services for companies across industries. Since 1996, our experts have been providing effective, measurable solutions customized specifically to small and mid-sized businesses.

Our approach always begins by understanding the unique characteristics of our clients, from operational challenges to financial objectives.

Specializing in construction, real estate, manufacturing, e-commerce, and professional services, we can work with the software systems your company already uses, including NetSuite, Sage, and QuickBooks. The result is not just service—it’s precise, targeted expertise that reshapes how businesses manage their finances.

Let our team bring value directly to your business. Please use our online form to reach out today.

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