Outsourced CFO Services · Walpole, Massachusetts

Most owners run their company on last quarter's numbers.

A modern car warns you before the breakdown. Most businesses find out afterward. FMC Partners builds the financial reporting system that tells you where your company is heading, not just where it has been.

75+
Years combined experience
16
Industries served
$30M
Upper client revenue range
2
Partners, personally engaged
The problem we solve

Driving with the windshield covered.

You can see where you have been. You have a rough sense of where you are. You have no reliable indication of where you are going. That is how most privately held companies operate, and it is entirely fixable.

01

Know where you stand

Before we plan anything, we establish an accurate starting point. A comprehensive review of your current financial position, systems, and reporting.

02

Measure what matters

We identify the financial and non-financial numbers that actually drive your profitability, then build the systems that track them.

03

Get warned early

Regular reviews with a partner who knows your business. Problems surface while there is still time to act on them.

Who we are

CFO-level judgment, without the CFO salary.

FMC Partners was founded in 2001 by the late Harvey Lemovitz in response to a growing need among business owners: companies that would clearly benefit from a highly qualified CFO, but were unwilling or unable to make the full-time investment in one.

Today, Russ Montal and Bill Tkowski carry that work forward. Between them, more than 75 years managing the finances of privately held companies. You work directly with a partner, not a junior associate.

Meet the partners
In their words

Let's find out where your business actually stands.

A short conversation, no cost, no obligation. We will tell you honestly whether we can help.

Contact FMC Partners
Operations & Services

Systems that tell you the truth about your business.

Our services are built around one outcome: improving the quality of the information you use to make decisions. Everything below is tailored to your business, not pulled from a template.

How an engagement runs
Step One

Comprehensive review

We determine the current state of your business, identify opportunities for improved profitability and growth, and flag the obstacles most likely to sidetrack you.

Step Two

Build the measurements

Working with you and your staff, we develop the financial and non-financial measurements critical to your success, and the systems to report on them.

Step Three

Meet, review, advise

We meet with you on a regular cadence to review your critical numbers and advise on improving them. Specific analysis gets built as the business needs it.

Capabilities

Eight areas we take off your desk.

01

Financial and Accounting Management

Day-to-day oversight of the accounting function, closing process, and financial reporting, so the numbers are right and they arrive on time.

02

Cash Flow Projections and Analysis

Forward-looking cash visibility, so payroll, purchasing, and growth decisions get made with the runway in plain sight.

03

Budgeting and Forecasting

Budgets your team can actually operate against, with forecasts updated as conditions change rather than filed away in January.

04

Product and Process Analysis / Costing

True cost by product, service, job, or route. The analysis that reveals which parts of your revenue are carrying the rest.

05

Banking and Finance Assistance

Preparing for lender conversations, structuring facilities, and managing the reporting covenants that come with them.

06

Business Systems Consulting and Implementation

Selecting, converting to, and implementing the accounting and operating systems that fit the size you are growing into.

07

Insurance and Risk Management Analysis

A clear-eyed look at what you are insured for, what you are not, and what that exposure is worth.

08

Merger, Acquisition, and Joint Venture Planning

Financial preparation and analysis for the transactions that change the shape of the company.

Not sure which of these you need?

That is normal, and it is the first thing the comprehensive review answers.

Start with a conversation
Our Clients

Built for companies from startup to $30 million.

Our services are designed for small, growing companies that would benefit from a highly qualified CFO but are unwilling or unable to make the full-time investment. Owners stay focused on what they do best. We concentrate on the financial management and the metrics.

Industries

The model is agnostic. The experience is specific.

Beverage Importation & Distribution
Construction
Food Production
Food Service
Freight & Logistics
Fuel Distribution
Software Development & Support
HVAC
Landscape & Arborist
Nanotechnology
Outsourced Payroll & Benefits
Real Estate Management
Rehabilitation & Fitness
Retail Clothing
Telecommunications & IT
Wholesale Seafood Processing

Client references will gladly be furnished upon request.

In their words

“Working with FMC is the closest thing to having a true business partner. The trust is so deep that I told my wife if anything ever happens to me, FMC is the team I want to step in and help run the company.”

Fuel Delivery / HVAC Industry

“When the bank required a forecast, I thought working with FMC was just a hurdle to clear. Instead, their sharp questions helped us secure our financing and gave us an invaluable operational roadmap that transformed how we run our business.”

Restaurant Owner

“FMC knows what investors actually look for. Their sharp feedback completely reshaped our pitch deck and directly helped us win the funding we were after.”

Specialized Scientific Equipment Production

“Before FMC, aggressive growth was pulling our finances out of alignment. They transformed our entire accounting structure, shepherded us through a critical financial review, and put us back on a profitable, sustainable path.”

Landscaping Services Company

Curious whether you fit the model?

Tell us your revenue and what is keeping you up at night. We will be straight with you.

Get in touch
The Partners

You get a partner. Every time.

CFOs and Controllers with more than 75 years of combined experience in the financial management of privately held corporations. No account managers, no handoffs.

Russ Montal, Partner at FMC Partners

Russ Montal

Partner

Russ brings deep expertise in financial and accounting management to FMC Partners' clients. As a consulting CFO, he specializes in developing financial reporting systems tailored to business needs, including cash flow projections, budgeting, and forecasting. With significant experience in banking and finance assistance, Russ helps privately held companies navigate critical decisions around business systems implementation, merger and acquisition planning, and strategic growth initiatives. His comprehensive approach combines financial analysis with actionable insights to help clients improve operations and drive business success. Russ earned his degree from Bryant University.

Bill Tkowski, Partner at FMC Partners

Bill Tkowski

Partner

Bill is a Partner at FMC Partners with extensive experience guiding privately held companies through complex financial challenges. His expertise spans financial and accounting management, cash flow analysis, and business systems consulting. Bill works closely with clients on critical initiatives including budgeting strategies, product costing analysis, banking relationships, and M&A planning. Known for his collaborative approach, he helps business owners navigate toward sustainable growth by implementing systems that provide clarity on financial performance and operational metrics. Bill's deep professional network and hands-on experience enable him to deliver practical solutions that drive measurable results. Bryant University graduate.

In memory

"Honoring the legacy of Harvey Lemovitz, whose vision and leadership laid the foundation for FMC Partners. His impact will always be remembered."

Talk to a partner directly.

No gatekeepers. Russ and Bill both answer their own phones.

Contact us
Contact

Tell us what's going on.

Russ and Bill both answer their own phones and personally respond to every email. Reach out directly below.

Office

7 West Street
Walpole, MA 02081

Fax (508) 905-4562

FMC Partners listed on the tenant directory at 7 West Street Professional Building, Walpole MA
7 West St. directory
Entrance to the 7 West Street Professional Building, Walpole MA
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