Virtual CFO Services
According to a study 82% of businesses fail due to poor finance management.
Are you experiencing the following in your business?
- You don't know how much cash is coming in and going out
- You don't have access to right data to make timely decisions.
- Your business is growing and your accounting and financial function is struggling to cope with data and reporting needs.
- Challenging to budget and forecast appropriately.
- Expenses are going out of control and profits declining.
- As an owner of the business you are working more in your business than working on it. No enough time to focus on your mission.
The solution is a tailored virtual financial service, what we call as Virtual CFO Service matching your current business needs.
VR Ledgers as your Virtual CFO works with your business on a part-time basis to provide strategic business advice & expertise across all areas of your business. We integrate with your day to day operations and keeps an eye on the financial health of your business and offer guidance and insight to the business on matters related to finance & accounting.
Our Virtual CFO Services includes:
- Setting up an Accounting System.
- Financial Reporting
- Operational Review.
- Debtors and Creditors management;
- Budgeting and Analysis; Expense Control
- Financial Projections ;
- Cash flow projections and Management;
- Process Audit and Internal Audit support
- Accounts Reconciliations and Migrations
- Training & Developing of Accounting staff
Startup CFO
Ideal for: startups or businesses 1-2 years old
We assist you
- In setting up your budgets and cash flow forecast
- establish your core financial processes and business reporting requirements
- inform and educate important stakeholders about the business
- monthly consultations to manage business review
Growth CFO
Ideal for
We assist you with :
- monthly reports
- enhanced financial analysis
- cash flow management
- monthly KPI reporting to show progress tracking
- a quarterly budget to actual analysis report for insights into missed forecasts and expenses
- timely data to inform key investment or expansion initiatives