Outsourcing CFO Roles Gaining Traction in Swedish Businesses for Strategic Efficiency
Swedish businesses increasingly turn to outsourced CFOs to enhance financial efficiency amidst workforce shortages.
Key Points
- • Businesses are reconsidering full-time CFO roles in favor of outsourced options.
- • 41% of companies in Sweden report workforce shortages.
- • Strategic system support is critical for decision-making accuracy.
- • Outsourced CFOs bring diverse expertise and cost-saving benefits.
As Swedish businesses adapt to rapid changes, many are reconsidering their approach to financial leadership, particularly through outsourcing Chief Financial Officer (CFO) roles. Gerton Jönsson, a senior accounting consultant at ECIT Sverige, is advocating for this trend, noting that hiring an outsourced CFO can provide necessary expertise without the cost of a full-time hire. This model is appealing, especially as many companies face fluctuating economic workloads, with the CFO’s presence needed primarily on a part-time basis.
Significantly, the need for strategic financial leadership has coincided with workforce shortages affecting 41% of Swedish companies, as highlighted by the HR & Payroll Pulse 2025 report. Erika Rönnquist Hoh of SD Worx emphasizes the importance of proper system support to ensure decisions are made based on accurate data. Many organizations prioritize implementing systems that may not align with their actual needs, risking inefficient decision-making processes.
Furthermore, the integration of various operational functions can aid businesses in overcoming the fluctuations in demand for financial insights. Jönsson stresses that outsourced CFOs can bring not only their oversight but also access to a network of experts in fields such as taxation and human resources, enhancing organizational efficiency and decision-making capabilities.
This growing reliance on outsourced CFOs signals a shift in how businesses manage their financial responsibilities, ultimately aiming to improve adaptability and strategic focus during periods of growth and change.