SHARED CFO SERVICES

Due to capital constraints, small businesses are often unable to hire a full-time qualitative financial officer for their business requirements. The Virtual CFO is a relatively new concept, and we are one of the first companies to offer it to you! It’s a way for small businesses to get CFO support that they wouldn’t have been able to afford previously.

Small businesses that hire our virtual CFO get access to an experienced financial professional at a much lower cost than that of a full-time CFO. The services differ from firm to firm, but usually our virtual CFO will help your businesses in:

Handling all the duties of a traditional CFO, but working remotely and on a part-time basis.
Monitoring the financial health and well-being of the business, usually with cloud technology.
Offering financial insight and guidance on all company decisions and issues.
Providing back-office functions such as managing accounts ledgers, depending on the client and their needs.

Frequently Asked Question

Q: What is Shared CFO Services?

Many SME Enterprise due to capital constraints may not be in a position to hire a fulltime CFO and may not require a full time CFO as well and hence he can hire a part time CFO Serivices.

Q: What does a CFO do?

CFO of an organisation has primarily the following Job Role

a) Manage and optimise the financial performance of an organisation

b) Review of controls and statutory compliances

c) Streamlining financial reporting

d) Evaluation of an ERP and its Implementation e.t.c

e) Provide strategic insights.

Q: Who needs to take Shared CFO services?

SME enterprises who do not need a full time CFO and is looking for direction and plan to grow their business.

Q: What are the advantages of having a Shared CFO Services?

CFO services with a team of experienced CFOs provide strategic insights not limited to F&A function.

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