Virtual - CFO
The Best Solution For SMEs Finance Functions. Let’s Take Over And Supercharge Your Finance Department, To Save You The Trouble From Hiring And Maintaining Your In-House Finance Department.
Our Virtual CFO services is an add-on service for the clients of Cloud Accounting service. Hiring in-house CFO for SME is a costly exercise.
GCA’s Virtual CFO is a service that allows you to reap the full benefits of a CFO with a fraction of the cost. It includes yearly budget preparation, monthly financial review and analysis, meeting with top management and weekly virtual meetings with stakeholders. Our Virtual CFO will advise on expansion, feasibility, cash flow, investment, taxation matters and other ad hoc activities as per your need.
The Virtual CFO will also prepare a monthly management report with analysis and comparative numbers of budget, previous year performance and latest forecast.
Our Virtual CFO solution helps you save cost, time, and effort in hiring for and maintaining your in-house finance department.
By engaging with us, we start by designing a finance framework that suits your company. Our professional team will then takeover the day-to-day finance operations, reporting, and analysis. We are well equipped, fully qualified, and ready to roll from day one. Here is an overview of what we can do for you:
Dedicated Finance Director
A dedicated Finance Director will be assigned to you. He/she will be working closely with you and be your go-to-person when in comes to Finance.
We deploy the latest cloud-based technologies to integrate and automate your company’s finance processes, to improve efficiency, reducing manual work & human error
* Invoice management system
* Expense & claims reporting system
* Bank integration
* CRM integration
Reporting & Compliance
* Profit and loss statements
* Balance sheet
* Cash flow statement
* Ageing reports
* Liaison with auditors & tax agents
* Taxation-related matters
Analysis, Strategy & Business Planning
* Performance dashboard
* Financial trends, margins & ratios analysis
* Project profitability analysis
* Annual tax planning
* Annual strategy formulation, financial budgeting / projection, and target setting
* Year-to-date performance vs. target monitoring
Business Process Outsourcing
We keep track of your payables and initiate the payments on your behalf, so that you can stop worrying about overdue invoices
* Bills payment
* Salaries & claims disbursement
* Payroll services
* Systems training & support