Managing business finances is essential for long-term success. However, hiring a full-time accounting team can be expensive and often unnecessary for small and growing businesses. Fractional accounting offers a cost-effective, flexible alternative, allowing companies to access top-tier financial expertise without the overhead of hiring full-time employees.
As businesses scale, their financial needs evolve. Some months may require extensive financial analysis, while others may only need basic bookkeeping. Fractional accounting provides on-demand financial support, ensuring companies receive precisely the services they need, when they need them.
What is Fractional Accounting?
Fractional accounting is an outsourced financial service model where businesses engage experienced accountants, controllers, or CFOs on a part-time, contract, or retainer basis. Rather than hiring a full-time employee, companies can bring in financial professionals as needed, making it a scalable and budget-friendly solution.
Many small and mid-sized businesses don’t require a full-time CFO or financial controller. However, they still need strategic financial oversight, accurate reporting, and tax compliance. Fractional accounting fills this gap, offering businesses access to high-level financial expertise without long-term commitments.
Why Fractional Accounting is the Smart Choice for Growing Businesses
1. Significant Cost Savings
Hiring a full-time accountant, controller, or CFO can be prohibitively expensive. Salaries for financial professionals range from $80,000 to over $300,000 per year, not including benefits, bonuses, and overhead costs. Fractional accounting allows businesses to pay only for the services they need, reducing financial strain while maintaining high-quality financial management.
2. Flexible and Scalable Financial Support
Business needs fluctuate. One month, you may need assistance with budgeting and forecasting. The next, you might require help with financial reporting or NetSuite ERP integration. Fractional accounting provides a tailored approach, ensuring businesses receive the right level of support at the right time.
3. Access to High-Level Expertise Without Commitment
Hiring an in-house CFO or controller often means committing to long-term employment contracts. With fractional accounting, businesses gain access to experienced financial professionals without being locked into a full-time arrangement. Whether you need guidance for financial strategy, tax planning, cash flow management, or NetSuite ERP implementation, fractional accountants deliver the expertise when it’s needed most.
4. Optimize Financial Operations with NetSuite ERP
Many businesses rely on NetSuite ERP for accounting and financial management. However, implementing, maintaining, and optimizing NetSuite requires specialized knowledge. Fractional accountants with NetSuite expertise ensure your ERP system is seamlessly integrated, efficiently utilized, and aligned with your business goals.
A skilled NetSuite consultant can help businesses:
- Streamline accounting processes through automation.
- Improve financial reporting accuracy with customized dashboards.
- Optimize workflows to reduce manual work and errors.
- Ensure compliance with tax and regulatory requirements.
5. Free Up Time to Focus on Growth
Financial management is time-consuming. When business owners handle accounting tasks themselves, they spend valuable hours away from core operations. Outsourcing to a fractional accountant allows companies to focus on growth, innovation, and customer satisfaction while financial experts handle the numbers.
What Services Does Fractional Accounting Include?
At Hundred MS, we offer comprehensive fractional accounting services tailored to businesses at every stage of growth.
✔ Bookkeeping & Payroll Management – Ensure accurate financial records and smooth payroll operations.
✔ Financial Reporting & Control – Gain data-driven insights to drive smarter business decisions.
✔ Budgeting & Forecasting – Plan ahead with precise financial projections and scenario planning.
✔ Accounts Payable & Receivable Management – Improve cash flow efficiency and vendor relations.
✔ CFO & Controller Services – Access high-level financial strategy and leadership without the full-time cost.
✔ NetSuite ERP Accounting & Integration – Ensure seamless NetSuite ERP implementation, optimization, and reporting.
Who Benefits Most from Fractional Accounting?
Fractional accounting is ideal for businesses that need expert financial oversight without the cost of hiring full-time staff.
✔ Startups & Small Businesses – Need expert accounting guidance but can’t afford a full team?
✔ Growing Companies – Require scalable financial solutions as they expand?
✔ Businesses Implementing NetSuite ERP – Need specialized NetSuite accounting expertise?
✔ Companies Seeking CFO-Level Insights – Want high-level financial strategy on demand?
How to Choose the Right Fractional Accounting Partner
Not all fractional accountants offer the same level of expertise. When selecting a provider, consider:
🔹 Industry Experience – Do they understand your business sector and challenges?
🔹 Technology Expertise – Are they skilled in financial tools like NetSuite ERP?
🔹 Range of Services – Can they provide everything from basic bookkeeping to strategic financial planning?
🔹 Scalability – Will their services adapt as your business grows?
Why Choose Hundred MS for Fractional Accounting?
At Hundred MS, we bridge the gap between finance and ERP. Our team of seasoned accountants, controllers, CFOs, and NetSuite experts helps businesses streamline financial operations, optimize reporting, and implement smart growth strategies.
We don’t just handle numbers—we help businesses thrive by providing financial clarity, efficiency, and strategic insight.
Let’s Talk! Visit Hundred MS to explore how fractional accounting can transform your business!
