- Managing Cash Flow: The cash inflows and outflows are the lifeblood of any
company, and we monitor this closely to ensure that the financial position of
the company is strong.
Overview of Accounting Processes: Our responsibility includes the authority
to establish accounting policies and procedures for credit and collections,
purchasing, payment of bills, and other financial obligations.
Budgeting and Expense Control: We are responsible for overseeing the
budget process, collecting the inputs, and keeping tabs on the budget on an
Monitoring Company’s Financial Performance: We constantly monitor the
company’s financial health and setup MIS processes to ensure that important
financial aspects (specific to each business) are captured and discussed with
Monitoring Tax & Company Law Compliances: An important aspect of
running a business is ensuring that all compliances are taken care of. As a
virtual CFO, we monitor all regulatory filings and ensure that the company
follows the rule book.
Maintaining Financial Relationships: We will administer banking
arrangements and loan agreements and maintain good working relations with
commercial banks and other lending institutions.
Develop MIS standards specific to each client: Each company has its own
intricacies, which we will analyze, understand and use to create customized
MIS reports and standards, ensuring that all relevant financial and business
metrics are captured for management to take informed decisions.
Treasury Management: Companies have surplus cash in the bank - this can
be thanks to a recent fund raising, or advances from customers, or any
number of reasons. We assist the management in determining the best
options for safely investing this money for the short term, so your money works
for you, while you work on growing your business.
Operate as an Advisory Board for the CEO & Promoters: Promoters and
top management are typically engrossed in running the business day-to-day,
and unable to take too much time out to look at the big picture. We act as a
sounding board for them, giving them an outsider’s perspective and aiding in
keeping the larger picture in perspective.
Prepare Roadmaps and Business Plans: A key area for most businesses is
to have a focused business plan or a roadmap in place. This gives clarity to
the management on where the company is and where their vision is taking
them. We assist in preparing the plans, and assisting the management
achieve their goals.
Shareholder Relations: Any company which has outside shareholders /
investors, has a requirement to manage these relations. There are certain
documents and data points that need to be provided to the shareholders at
regular intervals, apart from which any concerns of theirs needs to be
addressed quickly. As a virtual CFO, we assist the CEO and Directors to
manage shareholder relationships.
Assistance in Raising Capital: Any growing company needs one thing to fuel
its growth - capital. We have strong relations with angel investors, venture
capital and private equity firms, and assist our portfolio companies to raise
capital when they need it.
- Whether you are looking to buy a company or sell
your company, a certain amount of leg-work, diligence, and negotiating needs
to be done. As your CFO, we take care of this process, and ensure that you
get the best deal.