Investopedia defines the Chief Operating Officer of a company as "the senior manager who is responsible for managing the company's day-to-day operations and reporting them to the chief executive officer (CEO)."

The Chief Financial Officer is defined as the senior manager responsible for overseeing the financial activities of an entire company. The CFO's duties include financial planning and monitoring cash flow. He or she analyzes the company's financial strengths and weaknesses and suggests plans for improvement. The CFO is similar to a treasurer or controller in that he or she is responsible for overseeing the accounting and finance departments and for ensuring that the company's financial reports are accurate and completed on time.

Because the Critical Factors Management System breaks the company down into manageable segments and provides for systematic accountability management, we can offer COO and CFO services on an outsourced basis at a fraction of the cost of hiring a full time COO.

Our Outsourced C-support service is a flexible, cost-effective means of providing executive level management assistance to small business CEOs.

The Outsourced C-support service is available exclusively to Critical Factors Management System clients.

Through this program we are able to develop aggressive but achievable revenue and sales growth targets; implement expense, cost and margin controls; and manage monthly, quarterly and annual financial goals.

Most importantly, because the Outsourced COO engagement is an extension of the Critical Factors Management System, there is no interruption in productivity or delay in implementation.