Virtual CFO (VCFO) is Services of a Senior and Matured Finance


Posted April 19, 2021 by Neail1

VIRTUAL CFO (VCFO) IS SERVICES OF A SENIOR AND MATURED FINANCE PROFESSIONAL AT THE COST OF FINANCE MANAGER.

 
VIRTUAL CFO (VCFO) IS SERVICES OF A SENIOR AND MATURED FINANCE PROFESSIONAL AT THE COST OF FINANCE MANAGER. This is a shared and special purpose CFO solutions to meet the requirement of fast-growing organizations.

Growing companies regularly reach a point where they require professional financial guidance, but can’t afford a full-time CFO or controller. It is not just cost-effectiveness but to retain good talent is a big concern for a comparatively small organization to hire good CFO. Though to manage the challenges of a growing organization, it is important for the business to avail the services of experienced & matured finance professional. To fill this gap and ensure providing good CFO services, LetsComply provides CFO services to their esteemed clients to their best satisfaction.

BRIEF LIST OF SERVICE

LetsComply has proven expertise and abilities to provide VCFO services in the business domain given below:

PLANNING & EXECUTION

STRATEGIZING YOUR BUSINESS PLAN

Strategizing the best structure of legal entity while considering the factors such as availability of resources, fundraising, compliance cost towards Tax, Corporate and other statutory rules and regulations, etc.

ASSISTING IN EXECUTION

Bringing a business model from scratch and customizing it in accordance with the client’s expectation.

GROWTH

We help our clients in building their businesses by creating budgets, predictive forecasts and development of market analysis and sensitivity analysis for various market scenarios, etc.

FINANCIAL OPERATIONS

RECEIVABLES & PAYABLES MANAGEMENT

We help clients in formulating the process related to complete vendor payment and client receivables, timely transactions, and Account reconciliation with the vendors & clients, etc. VIRTUAL CFO (VCFO)

FUND MANAGEMENT

We help our client in managing the funds so that they could aim at achieving their objectives of the best return on capital as well as liquidity.

PAYROLL

Besides, handling compliances (PF, ESI, LWF, and TDS) and advising the client on best practices for Payroll, we deliver all the payroll related activities such as formulating processes of Payroll, salary, employee reimbursement and employee exit, etc.

GENERAL ACCOUNTING

We provide services related to the maintenance of the client’s account and ledgers in a simplified form.

FINANCIAL GUIDANCE

FUND UTILIZATION & WORKING CAPITAL REQUIREMENT

We provide services related to forecasting and evaluating the cash flows and working capital requirement of the client and thereby providing MIS on fund utilization. We advise the client in order to implement best practices on improving cash flow and working capital management.

FINANCIAL PROCESSES AND CONTROLS

We help in conceptualizing, formulating and implementing financial processes and controls in conjunction with the client team.

FINANCIAL MIS & ANALYSIS

We provide services related to reviewing general financial performance reports and judgment on the cost and profitability for different product lines and business units and thereby making the decision-making process easy.

ADVISORY

We advise our clients on topics related to FDI, Taxation, Investment, Excise, Payroll and Corporate Laws, other related matters.

Accounting & Support Services

COMPLIANCE

SECRETARIAL

Handling secretarial compliance work such as ROC filings; Company Incorporation; Liasoning with authorities; Board Meeting compliances; etc.

STATUTORY REPORTING

Providing services related to statutory compliances which includes providing financial statements as per the relevant accounting standards (Indian GAAP/ US GAAP/ IFRS) and financial reports to the Board of Directors.

TAXATION

Covering all the tax-related services such as processing, depositing, liasoning and advising clients on taxation, etc.

ADVISORY

DUE DILIGENCE

Besides providing support and intelligence for due diligence, we also undertake the same on behalf of our client.

EXIT STRATEGY

In cases, where the client contemplates how to exit the business or reduce his/her stake, we help them identify the right exit strategy for their company, and thereby supporting and ensuring a quick and smooth process of exiting the business.

IPO SUPPORT

We provide support to our client in their IPO Process such as handling compliances, preparing financials and meeting prospective institutional investors, etc.

M & A
Executing the M&A strategy of our clients while making them aware of the risks involved therein and by providing guidance for their benefits. We aim at providing post-M&A support for smooth integration between companies.

More Info: https://www.letscomply.com/virtual-cfo-vcfo/

Contact Us:
+91-97-1707-0500
[email protected]
https://www.letscomply.com/
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Contact Email [email protected]
Issued By LetsComply
Country India
Categories Finance , Legal , Loans
Tags virtualcfo , virtualcfomaturedfinance , virtualcfoservices
Last Updated April 19, 2021