CFOs on call : in Maine and beyond, demand grows for 'fractional' finance chiefs

Renee Cordes

Source

Mainebiz

Date

12-2-2024

Pages

12-15

Abstract

Outsourced accounting and advisory services continue to increase.Out of 20 people on staff at CourseStorm, and Orono-based provider of class registration and marketing software, there's no chief financial officer. That's a role the startup has chosen to contract out, paying a part-time or "fractional" executive in Bangor on retainer for services from budgeting to board reports.

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