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Virtual CFO Services

A Virtual CFO (Chief Financial Officer) is a financial expert offering varied range of professional services remotely including Financial Accounting and Book-keeping, Management Reporting (MIS), financial budgeting and analysis, and Statutory Compliances, processing Bank payments.

Further, a Virtual CFO also assists in regulatory compliance services like registrations and filings of GST (Goods & Services Tax), TDS (Withholding Tax), Advance Tax, Corporate Tax Return, etc.

Every business requires a CFO but not all demand the implementation of a full-time resource. Small and medium-sized businesses can hire a virtual CFO to handle a range of finance-based tasks and get the expertise they need as they integrate quickly with the existing team and ensure budgetary control.

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Key Advantages of Outsourced CFO Services for USA and UK Businesses :

  • Reduced costs: Hiring a virtual CFO allows businesses to save the costs of hiring a full-time resource as the services are priced based on the businesses’ individual requirements.
  • In-depth process expertise: Virtual CFOs have diversified knowledge and experience from numerous sectors, thereby enabling businesses gain access to networks and insights that would not be possible otherwise.
  • Enhanced financial visibility and decision-making: Be it raising finances or planning an organizational growth, virtual CFOs provide complete transparency in their strategies and steps taken to execute their services, thereby enabling businesses to take well-informed and insightful decisions.
  • Focus on core business activities: Outsourcing CFO services enable businesses to utilize their time and resources on other critical activities such as technological upgradation, market expansion, or product development.

With over 43 years of experience, AKM Global has been assisting startups and established companies with affordable virtual CFO services, ideal for those who may not have the resources to hire an in-house CFO. Our team of seasoned professionals, with extensive backgrounds in accountancy and finance, acts as strategic partners to our clients, offering expert guidance and support.
AKM Global provides virtual CFO services from our offices in New Delhi, Gurgaon, Hyderabad, Bangalore, Pune, Chennai, Mumbai, and Ahmedabad, serving clients in more than 30 countries.

The Benefits of Our Virtual CFO Services:

  • Comprehensive Financial Solutions: AKM Global Virtual CFO services provide a wide range of comprehensive financial and advisory services which include accounting, bookkeeping, budgeting, analysis, cash flow management, compliance checks with respect to taxation (TDS, advance tax, Income Tax, GST), labour law compliances (PF, ESI, PT, S&E, LWF, Gratuity, maternity etc.), POSH, STPI (Softex).
  • Financial Planning and Analysis: AKM Global plays a vital role in assisting financial planning, and analysis of financial data through financial statements (balance sheet & P&L) which helps businesses to check their long-term stability and profitability, evaluate, advise and assist management in financial decision-making of business where businesses could concentrate on their growing businesses instead of their financial planning and analysis.
  • Budgeting and Forecasting: Budgeting is not just setting financial limits for each category, but it is also aligning Companies resources with business goals, vision, and strategies. Budgeting is a road map of all businesses and AKM Global has been helping clients in setting financial goals and analyzing the variances between budgeted financial and actual financial figures. The tracking helps in taking necessary measures in case of any variances that may impact the operations of a business.
  • Cash Flow Management: Effective cash flow management is essential for smooth flow of day-to-day business operations (for eg: making tax payments on time, and creditors' payments within a specified time range). Our expert team at AKM Global acts as virtual CFO and assists organizations in planning their working capital for their day-to-day operations and ensures that the planning is done for any additional fund’s requirement for investment in growth opportunities.
  • Financial Reporting and Compliance Fair and correct financial reporting is essential for transparency and decision-making of any business. We at AKM Global prepare detailed financial reports like Trial Balance, Balance Sheet, P&L account and its comparative report of every month, cash flow statement, reconciliations like bank reconciliation statements, accounts receivables, payable, prepaids, Forex, GST, TDS, PF, ESI, PT and other statutory compliance, which would also include all compliance requirements that ensure that Companies are legally sound.
  • Strategic Planning and Advisory: AKM Global Virtual CFOs do more than just handle numbers and figures. We give strategic advice to guide businesses towards their overall financial as well as non-financial success. Whether you're planning to grow, invest, or reorganize, we at AKM Global act as your strategic advisor at all stages.
  • Risk Management and Mitigation: AKM Global is fully committed to helping its clients safeguard their financial health. We work in close collaboration with our clients to help them understand the potential financial risks and then we come up with risk mitigation strategies which may prevent these financial losses.
  • KPI Development and Monitoring: Key Performance Indicators (KPIs) are essential for tracking and monitoring any business performance. AKM Global helps identify these metrics such as revenue growth, customer retention ratio, efficient cost management, etc., and monitor them regularly to ensure smooth flow of business operations.
  • Ensures long-term sustainability: AKM Global ensures that businesses are financially independent over a long period of time by keeping a bird eye view on all financial transactions, managing financial resources and upholding businesses in case of any uncertain financial vulnerabilities.

How It Works:

Our Process:

  • Initial Consultation: We start by getting to know your business, understanding your financial and compliance needs, and identifying areas where we can add value to businesses.
  • Onboarding: During this phase, we set up the necessary financial systems, tools and technology and processes. This ensures that everything is in place for smooth financial management and decision-making of businesses.
  • Ongoing Support and Continuous Improvement: We offer continuous support to businesses by conducting regular financial reviews and compliance checks. As a business grows and evolves over time, we tailor our strategies based on key performance metrics to ensure their sustainable growth and continued success.

Why AKM Global:

  • 43+ Years of Experience: With over 43 years of experience, our brings experience and industry knowledge ensuring that Companies receive right financial guidance and professional advice. We have been hand-holding companies right from the time they set up entities in India.
  • Proven track record with diverse industries: AKM Global has a track record of helping businesses (to achieve their financial goals) in various industries which include MNCs, product industry, Research and development, gaming, finance, IT, outsourcing and other services
  • Personalized service tailored to your business needs: We at AKM Global understand that every business's needs are unique. So, we tailor our services to meet our client’s goals.
  • Advanced financial tools and technology: AKM Global has always followed a forward-looking approach and therefore the company invests in the latest financial tools and technology to provide accurate and financial insights that help businesses stay competitive.

Looking to get started:

Contact us today at info@akmglobal.in to set up your initial consultation and take the first step towards transforming your business with our expert Virtual CFO services.