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Virtual CFO - FirstStage

Virtual CFO

CFO

CFO stands for chief financial officer who is responsible for long term and short term financial planning of a company and also responsible for:-  

  •      accounting of the company, 
  •      managerial reporting of the company , 
  •      financial & statutory reporting of the company, 
  •      establishing internal & external financial control of the company and 
  •      look after taxation issues of the company.

We as Virtual CFO role oversee the following for our clients:- 

  • Accounting on regular basis 
  • Taxation compliances and related issues 
  • Statutory Reporting 
  • Managerial Reporting, if any
  • Internal & External financial control
  •  Strong relationship with bankers and financer

Why there is need of Virtual CFO for every company??

Every company should keep regular eye on each and every aspects of their business by establishing proper accounting and reporting system of the company. But, having in-house team of talented accountants and a CFO is a costly affair and not profitable for every business man. We provide a cost effective solution of talented personnel’s who manage all tasks of a CFOs for your company, so that your company can plan well and work well with sufficient liquidity at every situations of the business cycle.

Our Virtual CFO Services is Good for whom??

Although every business should have effective team of accounting and a talented CFO to manage big & tiny issues starting from accounting, taxation and till arranging finances for the company, but our Virtual CFO plan is effective for following who wants:-

  •  to have effective accounting & finance team at low cost
  • keep a regular eye on overall financial position of the company 
  • involve regularly basis in taxation and other technical & non-technical aspects of the company 
  • in a growing stage and need funds at regular interval of business growth stage
  • don’t want to take hustle & bustle of accounting & financial personnel and interested in outsourcing of the accounting & finance department at low cost   
  • to establish a project with substantial investments with or without finance assistant of bankers or investors as they need accurate, regular and timely reporting of financial with complete documentary proof.

Benefits of opting for our services of Virtual CFO

We have customized products as per the need and requirements of every industry or business enterprises. Our services has following benefits at low cost:-

  1. effective & regular taxation compliances without or with minimize penalty cost 
  2. readiness for excess in bank finance or finance through investors 
  3. regular, accurate & timely completion of company’s financial reports 
  4. effective business planning with experiences and expert staff on regular basis 
  5. complete project planning & project management 
  6. help in establishing strong accounting & finance system with proper internal and external control for effectively fighting at the time of emergency like COVID-19. 
  7. zero tension of accounting system and complete guidance in finance management & planning. 
  8. Regular meeting & discussion with experienced experts of the field of accounting, taxation and finance.   
  9. By having a virtual CFO, can enjoy the benefits of experience of multiple industries as our staff is handling many industries at a given point of time. 
  10. Benefits from a team of CFOs, having a virtual CFO who is a part of an outsourced CFO team or organization, then you are getting expertise of not only that CFO but also of the CFOs he or she works with.