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A CFO service will oversee your current bookkeeping and controller staff to ensure all procedures have a series of checks and balances to strengthen security and present accurate financials. The CFO service also will ensure you are using the correct and most up-to-date financial software to best operate your business. While a CFO service will not directly oversee your IT department, it certainly will work with that function to put in place proper safeguards and meet equipment and software needs for your staff. The CFO service also will make sure your company is in compliance with all financial regulations.