When you hire 24APlus for virtual CFO service, you tend to gain several benefits. Our virtual CFO is less expensive as compared to the salaried in-house CFO, with similar experience. The virtual CFO doesn’t require regular salary or bonuses. The other benefits are listed below.
No contention – Our CFOs fit right in the existing team of the organization. Our virtual CFOs know, how to bring financial expertise in the team, without ruffling feathers or egos. They bring the desired change without any contention.
Multiple industry experience – Our CFOs have the wide experience of working with multiple industries.
A team of CFOs – When you hire 24APlus, then you’ll not be getting the expertise of that particular CFO, but also of the team of CFOs, working with us.
Best practices – Our virtual CFO brings the best practices in the industry with him/her. He/she works on the styles, based on the international standards.
Credibility – The virtual CFOs at 24APlus have proved time and again and have clout and credibility in the industry. They are quick to resolve many challenges.
Achieving goals – Soon after joining, our virtual CFOs get up to the speed and start performing at their maximum capacity. They quickly assess the current situation and achieve goals as soon as possible
|No. of employees in the office||< 10||10 to 20||20 to 50||50+|
|Scheduled meetings with the management||1 per month||1 per month||2 per month||1 per week|
|Monthly accounts review||Yes||Yes||Yes||Yes|
|Assistant in monthly accounts review||No||Yes||Yes||Yes|
|Preparation of annual budget||No||No||Yes||Yes|
|Preparation of JD for accounting staff||No||No||Yes||Yes|
|Preparation of JD for all staff||No||No||No||Yes|
|Staff Incentive Plan||No||No||No||Yes|
|Cash Flow Preparation||No||No||Yes||Yes|
|Payroll preparation and execution||Extra Cost||Extra Cost||Extra Cost||Extra Cost|
|VAT Accounting||Extra Cost||Extra Cost||Extra Cost||Extra Cost|
|VAT Tax Planning||Extra Cost||Extra Cost||Extra Cost||Extra Cost|
|VAT Return Filing||Extra Cost||Extra Cost||Extra Cost||Extra Cost|
|On the job training to accounting staff||Yes||Yes||Yes||Yes|
|Any Specific training||Extra Cost||Extra Cost||Extra Cost||Extra Cost|
|Performance Monitoring with budgets||No||No||Yes||Yes|