Virtual CFO Functions 

Virtual CFO is a way for small and Medium size businesses to get CFO support that they wouldn’t have been able to afford previously.

Small & Medium size businesses that hire a Virtual CFO get access to an experienced financial professional at a fraction of the cost of a full-time CFO.

The service will perform following tasks

• Monitor the financial health and well-being of the business, usually with cloud technology.

• Offer financial insight and guidance on all company decisions and issues.

• Provide back-office functions such as managing accounts ledgers, depending on the client and their needs.

• Tracking Key Performance Indicators (KPI).

• MIS Reports and Reports on Key Drivers for success and transparency.

• Creating budgets and forecasts.

• Pinpointing problem spending by highlighting trends in the market.

• Validating or discouraging business decisions with financial well-being in mind.

These are abilities that the vast majority of business owners don’t possess – but they often need them in order to succeed.

With a combination of practice knowledge, cloud-based accounting software, mobile technology and modern data analytics, ABVS can provide Virtual CFO services that will be of great benefit to clients.