The article explains how businesses can determine whether controller support, outsourced CFO guidance, or both best fit their financial needs.

ROCHESTER, N.Y., Aug. 26, 2026 /PRNewswire/ — The article explains that businesses often reach a point where their financial needs extend beyond accurate bookkeeping and reporting. As companies grow, leadership must evaluate whether existing accounting support continues to meet operational demands or requires additional strategic financial guidance. Understanding the distinct responsibilities of a controller and an outsourced CFO helps business owners choose the level of financial expertise that aligns with both current operations and future goals.

According to the HelloNation article, a controller focuses on maintaining accurate financial reporting and strengthening internal controls throughout the organization. This role oversees accounting processes, monthly and annual closing procedures, compliance requirements, and the preparation of reliable financial statements. The article notes that dependable financial reporting gives business owners confidence that the information guiding daily decisions is accurate and complete.

The article contrasts this with the responsibilities of an outsourced CFO. Rather than concentrating primarily on historical financial information, outsourced CFO services emphasize future planning. Financial forecasting, budgeting, profitability analysis, financing strategies, and long-term cash flow planning all help businesses prepare for growth and changing economic conditions. The article explains that while a controller documents where the business has been financially, an outsourced CFO helps leadership determine where the business is headed.

The HelloNation article also describes how financial needs often evolve alongside business growth. Expanding into new markets, opening additional locations, hiring larger teams, or introducing new products creates more complex financial decisions. According to the article, these situations frequently require strategic planning that goes beyond maintaining accurate accounting records. Accounting Expert Tracey Rink explains in the article that financial leadership becomes increasingly valuable as organizations face more sophisticated operational and investment decisions.

Cash flow management is another area where outsourced CFO services can provide meaningful support. The article explains that even profitable companies may encounter cash flow challenges during periods of rapid expansion. Financial forecasting allows business leaders to anticipate future cash requirements, evaluate financing options, and prepare for seasonal fluctuations before they disrupt operations. This proactive approach helps organizations identify risks early while supporting informed decision-making.

The article also discusses major business milestones that often benefit from higher-level financial guidance. Preparing for bank financing, attracting investors, planning ownership transitions, or evaluating mergers requires careful financial modeling and strategic planning. According to the article, these situations call for financial leadership that connects day-to-day operations with broader business objectives while supporting long-term success.

Rather than presenting the two positions as competing roles, the HelloNation article emphasizes that controllers and outsourced CFO professionals frequently work together. Controllers maintain accurate financial reporting, oversee accounting operations, and reinforce internal controls. Meanwhile, outsourced CFO services use those reliable financial records to guide strategic planning, improve cash flow management, and support executive decision-making. This partnership provides business owners with both operational accuracy and forward-looking financial insight.

Ultimately, the article concludes that selecting the right financial support depends on a company’s reporting requirements, operational complexity, growth strategy, and leadership priorities. Evaluating both current needs and future objectives helps organizations determine whether controller support, outsourced CFO guidance, or a combination of both offers the strongest foundation for continued success.

Outsourced CFO vs. Controller: What Does Your Business Need? Features insights from Tracey Rink, Accounting Expert of Rochester, New York, in HelloNation.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

www.hellonation.com

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SOURCE HelloNation

CHARLOTTE, N.C., Aug. 26, 2026 /PRNewswire/ — Truist Financial Corporation (NYSE: TFC) today announced that Chief Financial Officer Mike Maguire will speak at the Barclays Global Financial Services Conference on Tuesday, Sept. 15, 2026, at 10:30 a.m. ET.

A live audio webcast will be available on the day of the conference at ir.truist.com under Events & Presentations. A replay of the webcast will be available on the website for 30 days.

About Truist 
Truist Financial Corporation (NYSE: TFC) is a purpose-driven financial services company committed to inspiring and building better lives and communities. Headquartered in Charlotte, North Carolina, Truist has leading market share in many of the high-growth markets in the U.S. and offers a wide range of products and services through wholesale and consumer businesses, including consumer and small business banking, commercial and corporate banking, investment banking and capital markets, wealth management, payments, and specialized lending businesses. Truist is a top-10 commercial bank with total assets of $556 billion as of June 30, 2026. Truist Bank, Member FDIC. Equal Housing Lender. Learn more at Truist.com.

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SOURCE Truist Financial Corporation

DOWNERS GROVE, Ill., Aug. 26, 2026 /PRNewswire/ — Dover Precision Components, a part of Dover (NYSE: DOV) and a global leader in the design and manufacture of advanced fluid film bearings and magnetic bearing systems, today announced the launch of advanced product and material testing services through its Innovation Lab for original equipment manufacturers and end users. These new services are designed to help product development engineers validate designs, optimize performance, and accelerate time to market.

Dover Precision Components’ 12,000-square-foot flagship Innovation Lab opened in Houston, TX, in 2022 and was built to centralize its test rigs and bring together its research and product development teams. As part of the Company’s global network of state-of-the-art facilities, the lab supports comprehensive product analysis throughout the development lifecycle, from early-stage concept validation to final performance verification under real-world operating conditions.

“When your reputation is built on precision, reliability, and performance, testing is not just an option, it’s a competitive advantage,” said Burak Bekisli, Director of Innovation. “Our lab services are designed to serve as an extension of our customers’ engineering teams, providing advanced testing, analysis, and collaboration to help bring high-performance, mission-critical solutions to market with confidence.”

Dover Precision Components’ Innovation Lab offers a full suite of services supporting the needs of design and product development engineers working across turbines, compressors, and rotating equipment systems, including:

Prototype validation and design optimization, helping engineers refine components before full-scale production.Failure mode and root cause analysis, delivering data-driven insights to solve complex performance challenges.Accelerated lifecycle testing, validating durability and long-term performance under demanding operating conditions.Regulatory and compliance testing, helping ensure products meet industry standards.Custom test rigs, designed to replicate proprietary assemblies and real-world operating environments.Thermal, mechanical, chemical, optical, and tribological characterization as well as comparative testing for advanced material systems.

Dover Precision Components’ services also extend to emerging applications such as the hydrogen economy, where advanced tribology testing helps engineers address wear challenges in high-pressure hydrogen environments.

About Dover Precision Components: 

Dover Precision Components delivers performance-critical solutions for rotating and reciprocating machinery across the oil & gas, power generation, marine, industrial, chemical, and general processing markets. Comprising the Waukesha Bearings, Bearings Plus, Inpro/Seal, and Cook Compression brands, our portfolio includes hydrodynamic bearings, active magnetic bearings, system and bearing protection, reciprocating compressor valves, sealing technologies, pistons, rods, and more. Each solution is custom-engineered to provide optimum efficiency, reliability, and productivity, and is backed by comprehensive aftermarket services. Dover Precision Components serves its global customer base through facilities in North America, Europe, Asia, and the Middle East, as well as technical sales representatives around the world. Additional information is available at doverprecision.com. 

About Dover: 

Dover is a diversified global manufacturer and solutions provider with annual revenue of over $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 70 years, our team of approximately 24,000 employees takes an ownership mindset, collaborating with customers to redefine what’s possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under “DOV.” Additional information is available at dovercorporation.com.   

Dover Precision Components Contact:
Robin Vodenlic
(281) 939-2450
rvodenlic@doverprecision.com  

Dover Media Contact:      
Adrian Sakowicz, VP, Communications     
(630) 743-5039     
asakowicz@dovercorp.com       

Dover Investor Contact:   
Jack Dickens, VP, Investor Relations
(630) 743-2566
jdickens@dovercorp.com

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SOURCE Dover