Virtual CFO For Startups is a financial expert who handles all the duties of a traditional Chief Financial Officer (CFO) but works remotely. Cloud accounting technology makes virtual CFO possible due to:
- accessible anytime
- secure data sharing
- real-time reporting and analytics
Thus, virtual CFO has all the tools necessary to monitor the financial health and well-being of your startup, offer financial insight and guidance on all company decisions and issues and to provide back-office functions such as managing accounts ledgers, depending on the client and their needs.
Typical virtual CFO services for startups include:
- Cash flow management
- Creating budgets and forecasts
- Business plans
- Business valuation
- Strategic business planning
- Financial health checks
Get access to an experienced financial professional at a fraction of the cost of a full-time CFO.