Virtual CFO Services
Businesses are facing increasing challenges and financial complexities with a plethora of new regulatory requirements and changes, hence hiring of new full time CFO’s may not be budget friendly for the new business enterprises.
PRIYA B & CO. CHARTERED ACCOUNTANTS offers virtual CFO services (VCFO) that provide CFO level strategic planning and expertise lending financial discipline and support without hiring a full time CFO. We provide the crucial support and act as the strategic finance partner helping you to overcome the challenges and plan for the businesses growth.
A Virtual CFO (VCFO) is an outsourced finance professional or firm that provides high-level strategic financial leadership in cash flow management, and forecasting on a part-time or project basis. They deliver the expertise of a traditional Chief Financial Officer without the high cost of a full-time executive salary. The role goes beyond accounting with focus on strategic planning and compliance
Financial Strategy and Business Planning
- Profit Analysis
- KRA and KPI setting
- Long term business planning
Accounting Oversight and Legal Compliances
- Monitoring of accounting and financial functions
- All Legal Compliances
- Monthly MIS, Variance Analysis and various management reports
- Ensuring Audit and regulatory interface
Cash Flow and Working Capital Management
- Forecasting of cash flow
- Debtor snd creditor cycle optimisation
- Financial planning
- Liquidity control and Risk Management
Fund raising and Banking Support
- Financial Modelling and Projections
- Pitch deck and investor data preparation
- Due Diligence Management
- Support for loans and credit facilities
Internal Controls and Risk Management
- Financial Policies and SOP’s
- Internal Control Design and Implementation
- Fraud Risk Assessment
- Risk Monitoring
Automation and ERP Advisory
- Cloud Accounting implementation
- ERP Selection and Finance Process Automation
- Integration of MIS Dashboards and Analytics
Who Can Opt For Virtual CFO Services
- Start UP’s
- Small and Medium Scale Enterprises
- Family Owned and Promoter Driven Businesses
- Companies registered abroad and having units in India
- Other Companies and Institutions looking for cost efficient and effective leadership
Virtual CFO Vs. Full Time CFO A Comparison
| Full Time CFO |
Virtual CFO By Priya B & Co. Charterd Accountants |
| High Fixed Cost |
More Flexible and very efficient |
| Limited Exposure |
Multi-industry and cross sector exposure |
| Monolithic company focus |
Multi-faceted focus |
| Reactive Support |
Proactive and best strategic support |
