Virtual CFO is an outsourced service provider offering High Skilled Assistance to the business entities in the financial requirements of an organization, just like a chief financial officer does for large organizations. The primary role of a CFO is to oversee the financial planning, maintain and report on the financial activities, and manage financial risk and Statutory compliance of the business. A virtual CFO provides the same services but since the common clientele of a virtual CFO, are small businesses and startups, certain more services are expected of them. Our team can assist your company to manage finance and we have trained team who will assist the entity in financial planning, maintain and report on the financial activities, and manage financial risk and Statutory compliance, analysing current financial position, identifying weakness and opportunities, offering solutions to achieve financial goals in a best possible way.
CFO has traditionally been the guardian of shareholder value and financial integrity. S/he has also been the source of financial acumen, defining the financial growth and metrics that define how the company measures success, and protecting the enterprise against value destruction. Now, the CFO role is expanding to include being the company's premier champion of strategic discipline as well. S/he now co-leads the business with responsibility for multiple functions "such as a strategist, a risk manager, a data scientist while at the same time aiding with business process reengineering" as well as overseeing the traditional accounting. Ranging from a fiduciary role (a custodian preserving value) to a visionary one (an architect creating value), the CFO today has differentiating capabilities that focus on turning data into insight and more importantly, insight into foresight.