Virtual CFO

Every organization needs a CFO, someone who can not only ensure the financial closure but analyse the financial reports to derive insights that can lead to unlocking all sorts of growth avenues for the business. We offer a strategic partner by going one step ahead than the usual consultant to assist the top management in making key business decisions.

Virtual CFO Services

  • Finance & Accounts Overview: Virtual CFO ensures a complete overview of various divisions of Finance vertical. It is essential to oversee all the finance areas are working in sync to achieve smooth finance and business operations.
  • Costing & Budgeting: An effective costing & budgeting programme serves in aligning the targets with the actuals. Evaluating the real cost of any product/service is the key step in pricing and setting profitability benchmarks. Budgeting plays a vital role in laying out a plan for the entire organisation in terms of resource allocation and deliverables.
  • Growth Plan: A virtual CFO is not limited to finance vertical but can contribute to the overall growth of an organization. Finance is a thread that runs through every vertical of an organization which results in developing key financial insights for every vertical. Also, expansion or growth is evaluated in terms of financial feasibility before implementation.
  • Forecasting & Projections: For any going concern, it is really important to have a robust plan for cashflow projections, profitability forecasting, breakeven analysis, etc. It is essential to develop a solid working capital cycle to maintain a steady cashflow.
  • Finance structure & KRA’s: Virtual CFO services have the ability to build a structure for the entire finance vertical of a company in terms of manpower & resources. It also includes setting KRA’s for finance employees and reviewing the same to have a healthy and efficient workforce.
  • Capital Requirement: In today’s world, funding the organisation at a cost effective rate has become a big challenge. Whether it’s debt or equity, finding the right partners in terms of cost, trust and business need is pivotal. A virtual CFO pitches in with the right connections & understanding of the capital world to navigate the landscape of fund raising.
  • Audit & Compliance Support: India’s legal & taxation system demands a close eye on the compliances and audit if an organisation. With an auditor in place, it is equally important for an auditee to have a person leading their finance through the complex yet mandatory net of audit and compliances.
  • Transition Planning: Change is inevitable for any successful firm. In a constantly changing business environment, it becomes equally important for the finance and legal verticals to adapt as well. Virtual CFO pioneers these verticals into the change and helps in a smooth transition for effective change management.
  • Risk Assessment: While growth is important for any organization, the risks come with it too. Virtual CFO acts as a balance between growth and risks associated with it. Risk assessment is highly critical for any growing firm to proactively mitigate or control them.