Virtual
CFO Services
Now more than ever, startups and corporates are looking for ways to run lean. There is pressure to make cuts to staff and outsource when possible, and this has led to a trend of hiring virtual CFO services over the more traditional in-house full-time CFO.
You, your board and your investors are probably asking some questions like…
How do we run on as low overhead as possible without missing out on making the right decisions?
What services do virtual CFOs offer? How does working with a virtual CFO actually happen? How often will they be available? How will they deliver reports?
And, of course, How much do part-time CFOs cost in 2021?
A CFO can identify and manage the bookkeeper/controller to produce reliable data and interpret the results, providing insight to help steer the ship toward your stated goals. The result is that you know exactly where, when, and how to focus your team and inform your stakeholders.
A CFO can position the finance function as a competitive advantage. If you’re financially frustrated, chances are your competitors are too. An experienced CFO can help you cut waste, deploy cash efficiently, and find opportunities for greater production or expansion. With their help, you can be in a position to step ahead of the other organizations in your niche.
We searched for “Outsourced accounting services the UK” and came to their website. We thought a lot before engaging Fin-eX last year. But after the initial transformation period, we have shifted our focus to the core areas of our business. Our growth this year is in double digits.
We have been growing our business through mergers and acquisition. Fin-eX has been a key part of this. Most of our work excluding Payroll is outsourced to them. They have a dedicated team in place and the communication protocols are followed very efficiently.
The Team at Fin-eX is available 24/7. Even when we have strict deadlines, I am able to count on them. Managers are very responsive and the communication and follow up is excellent.
Due to cost-cutting measures enforced by our head office, we had to find ways to get the work done without losing efficiency. We approached Fin-eX, and initially started with bookkeeping and VAT. Their quality of work was very good, so good that I referred them to my colleagues in other departments. They have started supporting us in accountancy and tax processing as well. So far, we are very satisfied and hats off to their team.
When we took the free trial – we were a bit sceptical about the whole outsourcing process. There were some initial hic-ups as I am very particular about providing high-quality services to my clients. Their senior managers were in constant communication with me almost 24/7. I was able to streamline the whole process and now am very pleased with their service.
We were turning new clients away due to workload and resource issues. Since outsourcing Accounts Preparation and Bookkeeping to Fin-eX, we are able to focus more on business development. The work approach of the team at Fin-eX which is dedicated to us is excellent