Who is a CFO ?
CFO or Chief Financial Officer is an essential employee of a business that looks after the various financial functions. This includes controls setup, compliances, accounting, cash flow management and decision making like fundraising, valuations, etc.
What are the key functions of a CFO ?
Key functions of a CFO include
- Tracking and analysing your company's growth and profits
- Reporting of complete and accurate information in a timely manner
- Cash Flow Management, Fund Management
- Effective compliance management systems
Are you a startup or SME confused on how to handle accounting and compliances? Virtual CFO is your answer.
What is a Virtual CFO
With the high cost and compliances of hiring a full time experienced CFO, the concept of Virtual CFO has become widely popular, in which the startups take the services of qualified professionals who in turn looks after the various functions of a CFO virtually i.e. the entire finance function is outsourced to this team of professionals