The experience of a financial director — without the need for a full-time hire. We provide ongoing CFO support to owners and management.
Most companies have accounting, but not a function that turns financial data into business decisions. As a company grows, it's no longer enough for the owner to know what happened. They need to understand why it happened, what comes next, and what decision to make.
An external CFO introduces that management layer without the cost or commitment of a full-time hire. They work alongside the owner, management, internal finance and accounting — not replacing them, but connecting their data to decisions about profit, cash, growth and financing.
The need for a financial director usually doesn't appear all at once. It's most often revealed by situations like these:
Recognize two or more of these situations?
The scope of engagement is tailored to the company's stage of growth and existing team. The CFO service can cover the following related areas:
The engagement isn't limited to advice on request. We establish a regular rhythm of financial management and, together with the owner and management, track decisions that affect results and liquidity.
The final scope, frequency and working format are defined according to the company's needs and the agreed engagement model.
If the underlying financial data isn't reliable, the first step isn't forecasting — it's cleaning up the data and establishing ownership of data quality.
Nexum's CFO service is led by a team with 25 years of strategic and financial experience, including senior roles in the banking sector. That gives the client a counterpart who understands both the company's side and the side of the bank assessing its creditworthiness.
You don't just get a report. You get a partner who understands how a decision affects profit, liquidity, risk, financing and the company's long-term value.
The fee is determined by the company's complexity, the quality of its data, the frequency of work and the level of responsibility. After the initial conversation, we propose only the scope of engagement that matches the company's actual needs.
Standardized models, automated data processing and carefully controlled use of artificial intelligence make it possible to spot variances faster and prepare management analysis more efficiently. Every financial conclusion and recommendation is still reviewed and approved by the financial director.
Technology speeds up the processing. Professional judgment, confidentiality and accountability remain human.
Questions and Answers
An external CFO, fractional CFO or part-time CFO is an experienced financial executive who provides CFO-level support to a company on an agreed scope, without a full-time hire. They work with the owner, management, accounting and the finance team on planning, reporting, liquidity, financing and key business decisions.
A bookkeeper records business transactions and ensures legal and tax compliance. A CFO uses that data to explain results, plan future cash flows and support decisions on profitability, investment, risk and financing. An external CFO doesn't replace good accounting — it builds on it.
Most often when the business becomes more complex than the information the owner gets from accounting: the company is growing, profit isn't keeping pace with revenue, liquidity is unpredictable, a loan or investment is needed, or there's no senior person connecting finance to business decisions.
It depends on the complexity and stage of the business. The engagement can range from a few strategic sessions a month to a regular weekly rhythm, or more intensive support during financing, transformation or liquidity problems.
Yes. The CFO defines the information needed, checks its management relevance and directs the process, while accounting and the internal team continue to carry out their operational and statutory responsibilities.
It can include preparing the company's financial position, monitoring existing debt and covenants, communicating with banks and supporting negotiations. Securing entirely new financing or a complex refinancing can be agreed as a separate project.
An initial review and priorities can be defined within the first few weeks, provided the data is available and reliable. Establishing a stable monthly rhythm of reporting and planning usually takes a few cycles. The effect also depends on how quickly the company implements the agreed measures.
The price depends on the company's complexity, the quality of existing data, how frequently the engagement runs and the level of responsibility. After the initial conversation, we define the scope and provide a clear proposal before work begins.
Yes. Financial data and business information are handled confidentially, under contractual obligations and controlled access to documentation. How data is exchanged and stored is defined before the engagement begins.
Nexum Advisory's CFO service is led by Dejan Janjatović, a financial executive with 25 years of experience in finance, risk management and banking, including roles as financial director and executive management team member. That gives the client a counterpart who understands both the company's perspective and how a bank assesses its creditworthiness, risk and financing sustainability.
Learn more about the team →During the initial conversation, we'll assess whether you need ongoing CFO support, a single financial service, or an upgrade to your existing system. We'll propose only the engagement that matches your company's actual needs.