You must be thinking, why outsource the CFO function?
Well, entrepreneurs have a lot on their plate. Strategy, operations, sales, people management... it tends to get overwhelming. If one adds to that – accounting, taxation, and compliance management, core business functions start getting neglected. As a result, the business and team culture, suffer.
To avoid such confusion, it's best to take professional help.
As part of this service, we offer the following (as per client need):
- Provide accurate and timely financial reports
- Create budgets – annual / quarterly / monthly
- Draft statements of procedure
- Design and implement internal control processes
- Manage working capital
- Manage treasury (investing spare funds and hedging forex risks)
- Manage compliances - legal, labour, tax, and others.
- Prepare financial statements
- Support external audits
- Handhold with banking and other funds oriented documentations
- Structuring HR functions
- Design exit strategies and manage that process end-to-end
- Manage rounds of funding
Whether you're in an early startup phase, growth phase, turn-around phase, or even in a strategic transaction – having a professional expert on your side is of immense value.