Virtual CFO or Virtual Chief Financial Officer is an
expert who provides outsourced financial services for planning and management
of the business finances. A virtual CFO can be a single person or maybe a team
of financial experts that provides financial service. These services are
beneficial for every field whether startup, MSME, or a large corporate.
The benefits you will gain by Outsourcing to Onfiling:
- Management of Seasonal Needs
- Efficiency & Productivity
- Better Operational Management & Control
- Part-Time & Full-Time Staffing flexibility
- Access to Certified and Skilled Experts
Benefits of Virtual CFO
- The role played by the Virtual CFO is fundraising and management, MIS reporting and accounting, payroll accounting and management.
- Under the guidance of Virtual CFO, a company can stay compliant with all legal and financial laws.
- Virtual CFO also helps in Auditing & reporting.
- Helps in stabilizing a struggling company
- CFO may provide insight during mergers and acquisitions
Advantages of hiring Virtual CFO
- Virtual CFO is less expensive as compared to a full time CFO. If a company is having Virtual CFO then business don’t need to worry about retention, bonuses, employee appraisal etc.
- Experienced Virtual CFO professionals provide help in business for raising funds, business expansion and referrals in the long run.
- Timely reporting in adoption of fixed business format of business reports and bookkeeping.
- Through Virtual CFO your business have better management in budget operations and forecasting the challenges to be faced in future.
- Virtual CFO provides services according to the latest technology development so that it should remain transparent and n accountable manner.