Virtual Cfo
Virtual Cfo
Virtual Cfo
He right CFO can be a game-changer for your business. They can bring about the
change and transformation you need within your business.
As your virtual team, we handle everything to do with the finance and accounting
of your startup — virtually!
Our team of Professionals look forward to helping you to build a strong financial
foundation so you can scale your startup
Virtual CFO
A business that does not have an in-house finance department can utilize
alternatives such as outsourcing the finance function to another firm. Apart from
this, the business can also utilize virtual CFO services. Virtual CFO services can be
offered either remotely or through an external consultant. Due to digitization,
businesses have to adapt according to the changing circumstances. Some
businesses, such as Start-ups and SMEs, may not have the necessary resources to
hire an in-house Chief Financial Officer (CFO). Hence, these businesses would opt
for virtual CFO services.
More Independence
Being a consultant and not an employee, helps in being more independent
and straight to guide and navigate the management as per desired
objective without being fearful.
INTERIM CFO
An interim Chief Financial Officer is a highly experienced finance
professional who becomes a temporary member of your management
team and takes over the responsibilities of a CFO who suddenly quits or
needs to take an extended leave of absence. This will help the company
tide over the gap formed by the departing CFO and the incoming CFO.
A full-time job with a short-term contract
An interim CFO can help a company fill the gap following the departure
of a full-time chief financial officer, help prepare for an event like a merger, or
simply assist as the company makes necessary changes to its finance functions.
SPECIAL PURPOSE
A special purpose CFO is a person that can be hired by any business as an
external financial officer. This financial officer is responsible for fulfilling all the
requirements of the running a Specific Projects. It is also possible to hire a CFO and
then initiate any projects after mutual discussion.
Our CFO steps in as a ‘Special Purpose CFO’ for a limited period, till the time the
company requires its help.
There are times when a rapidly growing company is handling multiple projects
simultaneously. This can and does put a lot of load on the mind of the existing
CFO, who may find it increasingly difficult to do justice to all the projects due to
acute paucity of time.