Virtual CFO
A Virtual – Chief Financial Officer (CFO) is an outsourced service provider who brings in expertise in financial management and can perform a variety of tasks assisting small businesses in efficiently and effectively managing their financial needs at a fraction of a cost of a full-time senior finance professional.
Finance is one of the key pillars of any business and hiring a seasoned finance professional is a challenging task for small business owners. Small and medium enterprises or start-ups do have their finance and accounts team, but they are generally too occupied with accounting and adhering to compliances. The business owners are so focused on the growth and profitability that they seldom realize that there are other critical financial parameters that need to be monitored frequently. They often fail to understand why they are cash stranded when they generate sufficient profits. Financial planning, analysis and budgeting is another key area that’s amiss in small business owners’ “to-do” list. They are generally caught up in a situation where they really want to scale up their operations but are unable to do so due to the many challenges that the finance function faces. Here crops up a need for a specialist who could guide them through such challenges.
How we add value?
We understand that as a business owner you have conflicting priorities and you need to focus on them.
We become your strategic partners by providing you CFO services to steer your finance function with able guidance and help you implement best practices. We take full ownership of your financial needs like any other full-time finance head or CFO would, at a fraction of the cost of a full time CFO.
Our services are customized and the engagement level with our clients would differ based on the need, nature and age of the business and the complexities involved.
Key Benefits
