One Part CFO, One Part Consultant
Introducing remote CFO services
We Build & Maintain A High-Performing Finance Department For Your Business
The concept of a Remote CFO has been designed to help your business reach its full potential faster by enabling strategic capabilities, improving your financial operations, stimulating growth, aligning your reporting system with strategic goals and providing you with a clear insight into your business that you always thought was missing.
Most importantly, it is designed to cut your business cost.
Leverage higher-grade expertise
Your Remote CFO being a world-class professional will enable capabilities that are crucial for success.
Understand what KPIs your reporting systems are measuring, how they are measuring and what they should be measuring to monitor achievement of strategic objectives.
Deploy world-class financial & business analysis to unearth and close the gaps between your critical success factors and your operational focus.
Improve and implement effective performance management systems. Generate quality presentations & reports customized and geared for the intended audience.
Develop & implement water-tight financial & operations controls. Optimize financial operations and reduce costs.
Ease your cash flow challenges through professional financial management.
Implement suitable budgetary systems and create clear performance scenarios for effective planning.
Make informed investment decisions through world-class projects & investment appraisal.
Stimulate your corporate development function. Gain the ability to effectively pursue and raise equity & debt finance.
Improve the capabilities of your accounting & finance human resource through effective training.
HOW IT WORKS?
IT IS SIMPLE, IT IS EASY & IT IS FAST!
Engage an ACS Remote CFO or a whole team comprising of layers of expertise, on a contractual basis.
The assigned consultant will work remotely with your team, at your working hours, at an agreed frequency, typically once or twice a week.
With right technology tools, your Remote CFO feels just like any other team player whether on or off-site.
Enhance efficiency & cut cost
Leverage the expertise of a world-class professional at lower cost
A Remote CFO is considerably more cost effective and more efficient option than hiring a full-time professional of similar caliber...
Engage a higher-caliber professional to lead your finance team at a much lower cost.
Eliminate slack time cost i.e. most mid-sized businesses do not have the need (scope of work) for a full-time CFO.
Eliminate the cost of employee related taxes or pension contributions (Remote CFO is a consultant and not an employee).
Eliminate the need to provide your CFO with any work tools including computer, mobile phones and a motor vehicle.
Eliminate the need for a dedicated fancy office which a full-time CFO would normally demand.
Innovative service model
LEVERAGE MODERN ICT & ENABLE
A VIRTUAL SERVICE
REMOTE CFO IS A VIRTUAL AND EFFICIENT SERVICE CONCEPT
ACS works with a sizable team of
world-class CFO consultants based in various major cities, who are able to travel to your business premises if needed.
However, the essence of the service which makes it so efficient is reliance on technology to make it completely virtual.
A Remote CFO is a real person who is located at a different location and works with you remotely through technology tools.
Flexible service plans
Customize a frequency and level of engagement which you feel comfortable with!
Leverage the flexibility!
With flexible service plans, you can try-out a service frequency and level of engagement which you feel comfortable with and then decide what works for you. At ACS, we can accommodate most needs.
Given below are some generic plans which could be customized for the individual needs of any client.
The consultant is engaged with an understanding that all CFO functions will be performed remotely i.e. where the consultant works with the client through technology based communication tools.
A virtual CFO provides massive cost advantage and feels just like a normal team player who sits in some other office. In a typical week, a virtual CFO will have a comprehensive video meeting with key members of client management and will constantly coordinate with his/her team to effectively manage financial operations. The virtual CFO will enable and maintain a robust reporting function which is kept perpetually up-to-date in a cloud environment and is accessible by management from anywhere and at any time.
This plan results in massive savings and much enhanced efficiency & effectiveness.