frac for fractional CFOs
A fractional CFO runs on a monthly rhythm across several companies, and most of the friction is the same every month: chasing the numbers you need, remembering what you promised in the last board call, and finding out at renewal that one client has been taking twice the hours it pays for. frac keeps the rhythm and the economics in one place.
The problem with finance retainers
Every engagement has a close, a set of numbers you need from someone else, and a board or founder conversation where commitments get made out loud. Multiply that by four clients and the month becomes a chase. The parts that slip are rarely the analysis. They are the inputs you asked for and the follow-up you promised.
What frac does for a finance practice
- One workspace per client. Scope, rate, term and renewal read straight from the agreement, with stakeholders and history attached.
- Requests tracked to the person who owes them. The data you asked for on a call becomes an owned, dated item instead of a line in your notes.
- Board and founder calls captured. What you committed to, in writing, with the follow-up drafted the same day.
- Hours against the retainer. Rough weekly numbers are enough to see the true effective rate of each engagement.
- Margin you can see. Month to date hours against month to date retainer, so the renewal conversation starts from a number rather than a feeling.
Monthly close, without the chase
frac knows which inputs are outstanding and who owes them, and it brings them back before the close rather than during it. Monday morning you get the week already written: what is late, what is blocked, which client has gone quiet, and what to do first.
Common questions
What software do fractional CFOs use to run their own practice?
Client accounting lives in the client's own stack. The gap is the practice layer: what was promised, what is waiting on the client, how many hours each engagement actually takes, and what each one earns per hour. frac is that layer.
Does frac replace my accounting or bookkeeping tools?
No. It does not touch the client's ledger. It runs your engagements: scope, commitments, conversations, hours, margin and pipeline.
How much does it cost?
$89 a month, or $890 a year with two months free. One price, no tiers, no per-client charge, and 30 days free without a card.