Virtual CFO services are designed to help organizations bridge the skills gap in their organization that demands high-level financial guidance but does not require an in-house CFO. The issue, therefore, becomes, why engage a virtual CFO when you can have an in-house CFO? The reason is that an in-house CFO requires full-time compensation, which is only a fraction of the cost. However, virtual CFO services are not long-term contracts, and you must just pay for the services and time spent. Furthermore, unlike an in-house CFO, virtual CFO services do not necessitate the utilization of additional office space.

Virtual CFO services offer services such as:

ü Financial advisory
ü Accounting functions of the organization
ü Compliances of the various acts applicable
ü Corporate governance
ü Oversight of financial plans.