A virtual CFO (Chief Financial Officer) is a expert in financial operations who provides part-time or project-based financial management services to businesses. Unlike a traditional CFO who is a full-time employee of a company, a virtual CFO operates remotely and provides financial services on a flexible basis, often through online communication channels.
WHAT FUNCTIONS DOES VIRTUAL CFO DO?
Financial planning and analysis, budgeting, forecasting, cash flow management, financial reporting, and risk management. However, as they are not full-time employees of a company, they may also offer additional services such as strategic financial advice, financial process improvement, and guidance on mergers and acquisitions.
Small to medium-sized businesses who may not have the resources to hire a full-time CFO utilizes the services of Virtual CFO.. By engaging a virtual CFO, companies can access the expertise of a financial professional without the associated costs of hiring a full-time employee.
We, Letigmind, having a team of expert in the field of Virtual CFO, provide and guide the small to medium sized businesses for various services relating to financial planning and analysis and financial reporting.