FRACTIONAL CFO & STRATEGIC ADVISORY SERVICES
Business Process Consulting
Seamless operations are the backbone of a profitable business. With CFO-level expertise, you can turn today’s bottlenecks into tomorrow’s gains.
Hit Friction Where It Counts
The real cost of inefficiency goes beyond monetary value. It’s the missed opportunities, wasted talent and frigidity in an evolving market. With business process consulting, you’ll identify inefficiencies via current state assessment and design a strategy to eliminate the following:
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Budget bloat
It’s not just about the money spent; it’s about where and how. Let’s reduce excess costs and improve your cash flow. -
Process inefficiency
Redundancy and outdated systems sap productivity. We’ll help you streamline and build the right KPIs for an effective workforce. -
Growth constraints
Despite best efforts, many businesses hit a plateau in their operations. Our experts bring innovative ideas to common barriers.
“Paro offered refreshing ideas for how to streamline our operations to make them more efficient.”
– Deborah B., CFO
Recruit less. Plan more.
Hit the ground running with on-demand strategic
expertise.
How Our Experts Deliver Future-Forward Process Consulting
Businesses today need innovative solutions as automation, technology and disruption impact
the supply chain and other operations. With business process consulting, businesses can
anticipate and counteract cash shortages, manage expenses smartly and build trust with
stakeholders.
But our experts take it a step further:
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Extensive experience in your particular industry and your tech stack.
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Cross-functional expertise as COOs, CMOs and more.
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Knowledge of new trends and tools to ensure agile, adaptable processes.
Current State Assessment & Gap Analysis
Start your business process management consulting with a current state assessment of your existing operations.
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SWOT Analysis
Complete a SWOT analysis of your strengths, vulnerabilities and gaps. -
System Assessment
Evaluate your current software based on business requirements. -
Process Assessment
Receive workflow, reporting and compliance recommendations. -
Benchmarking & Metrics
Develop quality and cost KPIs in relation to industry standards.
Where Expertise & Empathy Meet
Change is difficult. Our experts meet your teams with empathy, so you can move forward
effectively, together.
Hear how a Paro expert uses a multidisciplinary background
to understand pain points across the organization.
Seamless Business Processes Optimization
Our approach to business process optimization is twofold:
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Risk and Redundancy Analysis
Evaluate spend on talent, technology and processes based on business needs to eliminate waste. -
Workflow Streamlining
Find opportunities for automation or resiliency in singular projects or across the entire finance operation or organization.
Comprehensive Operational Consulting
Our business-wide operational consulting looks at performance across the value chain.
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Supply Chain Enhancement
Refine your supply chain management, including negotiating contracts or reducing supplier lead times. -
Cash Flow Improvement
Forecast and monitor cash flow, identifying avenues for cost reduction without skimping on quality. -
Compensation Strategy
Design competitive compensation packages to align company objectives and market standards. -
KPI and Goal Development
Ensure your KPIs align with strategic goals and easily visualize and monitor performance.
Recommended Reading
CASE STUDY
CASE STUDY110-year-old General Contractor Cut Costs in Half and Positions Business for Growth
How Kinley Corp optimized financial operations in 6 months, resulting in savings and faster acquisition of bonding for new projects.
Read more › CASE STUDY
Fractional CFO Leadership Sets Business on Path to 2x Revenue While Saving Nearly $0.5M
How strategic leadership from a fractional CFO solved a growing company's need for upgraded financial systems and management.
Read more ›Combine the Power of Strategic & Operational CFOs
Our elite network of CFOs bring both strategy and operational acumen to the table. Architect your long-term vision while ensuring your finance team and operations move in lockstep.
Strategic CFO Solutions
Best for
Long-term growth, enterprise transformation, stakeholder trust
and communication.
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Long-term strategic vision for your business.
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A broader view of your operations in the context of how they drive and sustain value.
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Robust implementation and usage of financial analytics for future-casting.
Long-term strategic vision for your business.
A broader view of your operations in the context of how they drive and sustain value.
Robust implementation and usage of financial analytics for future-casting.
Operational CFO Solutions
Best for
Debt elimination, short-term equity, cost reduction, value
enhancement prior to acquisition.
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Emphasis on day-to-day optimizations.
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A deep understanding of how each business function and component works.
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Focuses on systems and processes that drive efficiencies.
Emphasis on day-to-day optimizations.
A deep understanding of how each business function and component works.
Focuses on systems and processes that drive efficiencies.
Real-Time Business Solutions,
Seamless Collaboration
Paro’s AI-powered platform optimizes talent matching, speeds up processes and unlocks data-driven insights to solve immediate and long-term business challenges like never before.
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Ready-to-start
expertise -
Streamlined
onboarding -
Full project management
support
Ready-to-start FAQ
Business process management consulting evaluates and recommends plans of action to improve processes and workflows, choose the right software or build the right systems and increase productivity across teams. Paro can help you increase efficiency across your finance function or other business functions.
Leveraging this expertise can reduce operational costs, reduce time for reporting, enhance profitability and increase workforce morale.
A strategic CFO is focused on long-term financial strategies, including capital allocation, risk management or guiding mergers. An operational CFO, on the other hand, specializes in the daily operations of a company, ensuring day-to-day activities are optimized for maximum financial performance. Today’s businesses can benefit from leadership that have an understanding of both high-level strategy and on-the-ground business functions. Our fractional experts can provide both for less than the cost of hiring a full-time, hybrid role.
A current state analysis offers a comprehensive view of your company’s existing processes, highlighting inefficiency, risks and potential improvements. With this analysis, companies can make informed decisions to enhance their operational strategies and achieve better results.
Competitive gap analysis allows businesses to compare their operations, products or services against competitors, identifying areas where they can gain a competitive edge. This can lead to strategic improvements, positioning the business more favorably in the marketplace.
Paro's unique method leverages the expertise of both strategic and operational CFOs, tailoring solutions based on your company's specific needs. Whether visionary financial planning or on-ground operational strategies, Paro delivers tailored excellence.