What is a Fractional Finance Department and how does it differ from a Finance Manager or CFO?

The Fractional Finance Department gives your business the full coverage of an in-house finance team including bookkeeping, payroll, reporting, forecasting and strategy for a fraction of the cost of hiring internally. Unlike a single Finance Manager or CFO, you get a team of specialists and a Dedicated Finance Partner who oversees everything, ensuring accuracy, compliance and insight that helps you scale.

What size or type of business is your service best suited for?

FOM UK works best for UK businesses turning over between £250,000 and £10 million that have outgrown basic bookkeeping. We support founders who want better cash flow control, management reporting and financial clarity without the overhead of hiring.

How do we communicate with our Dedicated Finance Partner (DFP)?

Your Dedicated Finance Partner works remotely and stays in touch through your usual channels such as email, WhatsApp or video calls during the times agreed in your tailored finance package.

Can you work with my existing accountant or auditor?

Yes. FOM UK can collaborate seamlessly with your current accountant, bookkeeper or audit team.

Can I adjust my finance department coverage later?

Yes, you can scale your FOM UK service up or down with 30 days’ notice as your business needs change.

Do you charge extra for meetings or finance advice?

Routine meetings and strategic finance advice are included. If something falls outside your agreed scope, any additional cost is discussed and confirmed in advance.

What is the typical commitment for a Fractional Finance Department?

The first three months are fixed. After that, your FOM UK Fractional Finance Department runs month to month with a 30-day notice period.

Your Finance Department. Fully Managed.

Find out in 60 seconds if your finance setup is costing you money

CHECK YOUR SETUP

You’re the founder. Not the finance manager.

~ Spending valuable time on finance tasks instead of growth?

~ Don’t know which products/services actually make you or lose you money?

~ Don’t understand how today’s decisions affect future turnover, cash, and profit?

~ Don’t have an experienced professional to discuss business decisions with?

Sounds like you need to make a change.

See how our services have benefited businesses like yours.

Proof.

Real examples of finance departments we’ve run.

Pharmacy Group

£7m turnover, 5 sites

Problem:

Negative monthly cash position

Solution:

Short-term cash forecasting, site-level profitability visibility

Results:

Cash position turned positive once problem site sold

VAT refunds accelerated by 2 weeks

Green illuminated pharmacy cross sign on the side of a building on a street.

Nursery Group

£6m turnover, 4 sites, ~250 employees

Problem:

Payroll errors, overpayments

Solution:

Simplified payroll process, clearer ownership, added controls

Results:

Payroll errors reduced by 25%

Processing time cut by 5 days

Staff payroll complaints reduced by 90%

A teacher and five children sit on a patterned blue and white rug in a classroom, gathered around a book.

Interior Design Studio

£1.5m turnover

Problem:

Unclear project profitability

Solution:

Project-level margin tracking and time recording

Results:

Staff costs reduced by 30%

Pricing based on realistic margins

Loss-making work eliminated within 7 months

Modern open-concept living room with a beige sectional sofa, round coffee table, patterned rug, and a tall staircase with wooden steps. The background features a white kitchen with built-in appliances, a large window, and a dining area with a wooden table and chairs. The space is brightly lit with recessed lighting and a large chandelier.

Architecture Firm

Growing firm with international projects

Problem:

No financial visibility or planning

Solution:

Forecasting, fee calculator, pipeline tracking

Results:

Turnover visibility extended 3 months ahead

Clear target metrics before capacity expansion

Clear growth plan agreed (incl. international expansion)

Several people reviewing and discussing architectural blueprints and technical drawings on a table.

Want results like these?

BOOK DISCOVERY CALL

Our Packages.

	Compliance	Fractional Finance Advisor	Fractional Finance Department (Standard)	Fractional Finance Department (Premium)
Best for	Early stage, just need to be compliant	Scaling from early stage, need clarity on your numbers but still managing finance yourself	Scaling, no time to manage finances, need to focus on running the business	Same as standard but with a more hands-on, embedded finance partner
Bookkeeping & VAT	Quarterly	—	Real-time	Real-time
Sales & AR	—	—	Included	Included
Purchases & AP	—	—	Included	Included
Payroll	2 employees	—	10 employees	10 employees
KPI reporting	—	Monthly	Monthly	Monthly
Cash flow	—	Monthly	Monthly	Monthly
Forecasting	—	Monthly	Monthly	Monthly
Strategy	—	Included	Included	Included
Contactability	Limited	Limited	Mon–Fri	On-Call
Response time	24 hours	24 hours	6 hours	2 hours
Meetings	—	Monthly (remote)	Weekly (remote)	Weekly (in-person)
Price	from £67/month	from £290/month	from £1,080/month	from £2,710/month

How it works

1) Discovery call - Understand the business, current finance setup and future needs

2) Clear proposal - Scope agreed, package selected, fixed monthly fee

3) Onboarding & handover - Finance ops transition to us

The Mission

“Every ambitious founder needs a finance function that can handle everything from start to finish without the huge overheads.

That’s what I built FOM-UK to deliver.”

Saaywar Assafa

Founder & MD

~ ACCA chartered accountant since 2017

~ 10+ years in accounting, finance ops, business strategy and tax

~ 100+ UK businesses supported across multiple industries

~ Built and led finance functions, turning chaos into clarity

FAQ

Yes. Our packages are used as a starting point. If required. they can be tweaked to make sure it fits your businesses more precisely.
Yes. The FFD can work alongside your accountant.
Yes. It’s built to scale up and down with business activity.