Wednesday 7 August 2013

Virtual CFO Consultant Bangalore






Virtual CFO Services

We provide Virtual CFO services to our clients form the IT/IT Services/ITeS/Software/Services sectors. Under this, we handle the entire CFO portfolio work in conjunction with the clients’ finance and accounting departments. Each client is assigned to one of our qualified professionals who works under the superintendence of the client. Many of our SME clients who cannot otherwise afford a full time CFO find this service very useful, as this saves a lot of time and energy for the clients’ operating managers.
            We provide Outsourced CFO services to our clients from the IT/ITS/ITeS/Services sectors. Under this, the entire CFO related functions are outsourced to us. We operate either independently or in conjunction with the clients’ finance team.We have pioneered the concept of providing outsourced CFO services to SME companies, based on a proven delivery model involving a combination of on-site deployment and comprehensive off-site support. Several S3 as Management Team members have worked as CFOs of large industrial and IT companies and are well versed with the requirements of this critical function.


Our CFO services include handling the following assignments, on a continuous basis, for our clients :


  • Cash flow planning, banking, etc.
  • Budgeting, Profitability planning and analysis.
  • Implementation of and maintenance of a good management accounting and reporting system
  • Treasury  Management, including investment of surplus funds.
  • Complete handling of accounting and statutory requirements.
  • Assistance in the preparation of Business Plans, Project Reports, etc.
  • Complete handling of direct and indirect taxation.
  • Assistance in choosing the right transfer pricing model and the related issues
  • Co-ordination with the external statutory auditors
  • Assistance in handling critical issues related to tax and statutory compliance
  • Periodical reporting in the clients’ internal formats including on SAP platform
  • Developing and maintaining relationships with investors and other stakeholders.
  • Maintaining reporting relationship with the CEO / global CFO

Our services are found to be very effective by many companies, in which the critical finance function is handled by one of the promoters / Directors. By handling this critical function, we enable our clients and especially the promoters/directors save significant time and energy, which can be better utilized in their businesses.

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