Outsourced CFO Aims To Help Small Businesses With Financial Management. Whilst working together in the audit and finance industry, Louw Barnardt and Dana Pretorius realised that founder teams require more access to hands-on financial expertise and technology to help them navigate the complexities of scaling up. In 2013, Barnardt and Pretorius founded Outsourced CFO to solve this problem in the marketplace. Since starting at the Bandwidth Barn’s incubator with only two desk spaces, the company has grown to well over twenty professionals who have served hundreds of entrepreneurs. The team packs more than 70 years of industry experience and has helped entrepreneurs raise hundreds of millions in seed and growth finance.
Outsourced CFO is a financial management firm that renders a technical and visionary financial function service to ambitious SMEs. Its talented and passionate team of purpose driven CAs and financial professionals help entrepreneurs to rethink, automate and scale their companies in the pursuit of business eminence.
Business is about people. Outsourced CFO gets involved with its clients’ business hands-on. It does not simply render a consulting service and go on its way. An OCFO with the right mix of knowledge, skills and experience is personally matched with their clients’ company. The company works with clients to gain an in-depth understanding of every aspect of their business’s financial function. Each OCFO is backed by a team of 20+ professionals, giving clients access to a deep pool of financial skills and experience. The OCFO will help clients build a business that is well-governed, effectively operated and attractive to investment and funding.
Barnardt, the company’s co-founder and Managing Director, was named Entrepreneur of the Year in 2018. Outsourced CFO was named one of the Fast Company Most Innovative Companies in South Africa in 2017. It was listed as one of the top two emerging companies in the Western Cape at the Premier’s Entrepreneurship Recognition Awards 2016. Its board members also feature among the SAICA Top 35 under 35, the 3 finalists for Young Professional of the Year at the SA Professional Services Awards and the Fast Company Top 20 under 30. The company is a founding member of Invest Africa Cape Town chapter, part of EO Accelerator’s Cape Town cohort and alumni of the Westerwelle Foundation’s Young Founders Program.
