Although Full-Time CFOs are mandatory for some companies, for companies not in that bracket - it makes sense to hire a Fractional CFO
| Full-Time CFO | Fractional CFO |
Time to recruit and remove | Long Notice Periods, Recruitment costs and loss of crucial time | Based on agreement. Can join within days/weeks of agreement |
Cost | A seasoned CFO's cost starts upwards from ₹ 1 Cr (₹ 10 MN) onwards. This often excludes Bonus and incentives | Fractional CFOs can join at a Fraction of this cost |
Team | A CFO has to recruit multiple people under him to do the tasks required by him. This again will increase cost and delivery time | Fractional CFO comes with an expert team. He can start executing within days of accepting the assignment |
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