FAQ
FAQ
Frequently Asked Questions
Why and When Virtual CFO?
New Entities – to set up processes and immediately get on action
Growing companies – companies having growth plan and require immediate support for organisational growth.
Compliances are burdensome and difficult to track, to safeguard from penalty and cost on delay in compliance. You need stronger insights when it comes to your company’s financial performance
If you are experiencing cash flow management challenges, intend to raise money, Acquisition or to sell off a portion of your company
Do you provide year-round service?
Our Services are available through out the year.
Is Virtual CFO expensive?
Virtual CFO services are most cost effective services and completely variable depending on your need whereas cost associated with employees and infra are fixed cost.
Our company is growing rapidly, how can a Virtual CFO help?
To ensure your company has the best chance of success, getting the right people, establishing the right processes, and ensuring you have the right systems in place are key. CFOCORP will work with you to assess where your company is currently at, and what needs to be in place to support its growth in the short to medium term.
How do you interact with you clients?
We are working virtually and available to the client through Call, Emails, Video Conferencing platforms, Screen Sharing, Meeting the client on periodic basis.
What does financial analysis mean?
- Analysing the significant Financial Transactions
- Assessment of Past Current performance
- Analysis of Income and Growth prospects
- Diagnostic analysis of failure, mistakes, negative observation
How is a Virtual CFO different than an accountant?
Virtual CFO is a team of professionals who has worked in various sectors and gathered knowledge and experience. Their approach is very broad and not restricted only to accounting and financial reporting as an accountant. They analyse transactions with holistic approach and observe from the perspective of Entrepreneurs, Investors, financial Institution and Regulators. Accountants are typically tended to follow defined approaches and policies framed by entity. Individual accountants experience is limited to the areas served whereas CFOCORP have team of professional with expertise in different filed to support every virtual CFO.
How do you charge Fees?
CFOCORP is one window solution to your needs; our fees structure is very flexible and competitive. We have packages where you can pay lump sum fees for the chosen services, and we also work on fix monthly fees. Fees is always finalised in advance for better clarity. There are few value added services which are offered free by the CFOCORP along with other services.
Does services offered remotely or are available onsite?
“Virtual CFO” is a term used for professionals acting as CFO from distant place without being on the rolls of entity. Thus, services are preferably rendered from remote locations, but if onsite services required, same are also available. CFOCORP render services from remote location and onsite as well.
Is our company big enough for a Virtual CFO?
If you want to grow your business and smooth the path to getting there, you need a Virtual CFO who can guide you through the strategic planning process and identify clear tangible goals to be achieved. We offer a range of flexible packages to suit your needs and budget.
Contact US
We would love to learn more about your business. Feel free to reach out to us below, or simply complete the inquiry form to the right.