WA brings you the facility of Virtual CFO in which you get high-quality CFO experience without bearing the cost of hiring one full-time.
WA’s Virtual CFO is a reliable expert whose guidance can consolidate the chances of your business success.
WA provides accounting experts trained to meet your industry-specific accounting needs. Among others, WA specializes in:
CFO stands for Chief Financial Officer. A CFO is a professional with a breadth of expertise in areas, such as accounting & finance, financial planning and analysis, cash flow management, and business decision-making.
The concept of a virtual CFO has circulated in contemporary times. Companies hire the expertise of a CFO on an ad hoc/part-time basis. A virtual CFO, thus, comes at a fraction of the cost of a full-time CFO.
Virtual CFO is a flagship service at Work Accelerated aimed at serving the strategy needs of scaling businesses.
At a time when regional and global economies are struggling to retain critical mass, strategy has evolved into a fundamental precursor for growth.
With decades of industry experience in hand, a Virtual CFO from WA can help businesses achieve strategic realignment and be ahead of the competition.
With decades of industry experience at hand, WA virtual CFOs can be of immense support to a client company’s strategic decision-making process.
Despite being a seasoned industry expert, WA virtual CFO will cost less on a comparative basis and, thus, be a source of cost optimization.
Bringing onboard the expertise of a WA virtual CFO means getting invaluable advice and guidance to accomplish project milestones expeditiously.
WA virtual CFO helps incorporate industry best practices in financial and management reporting, bringing increased visibility
A virtual CFO/fractional CFO service is a form of outsourcing and/or staff augmentation service under which a professional with CFO experience joins an organization as an external, third-party service provider.
It can benefit businesses in several ways, such as:
Cost-Effectiveness: Hiring a full-time CFO can be expensive, especially for small and medium-sized businesses. With a Virtual CFO, you can access top-tier CFO expertise at a fraction of the cost, delivering cost savings and expertise.
Strategic Planning: Virtual CFOs are skilled in developing comprehensive financial strategies tailored to your business goals. They can help you create budgets and forecasts, and assist with the implementation of strategic plans that drive business growth and sustainability.
Data-Driven Decision Making: A Virtual CFO can analyze your financial data, identify trends, and provide valuable insights that enable you to make informed strategic choices.
Improved Cash Flow Management: A Virtual CFO can assist you in optimizing cash flow ensuring you have enough working capital to meet operational needs.
Financial Reporting and Analysis: A Virtual CFO can help you and your stakeholders gain insight into the company’s financial health and performance. Moreover, an in-depth financial analysis can help you identify areas for improvement and growth opportunities.
Business Risk Mitigation: By conducting risk assessments and implementing risk management strategies, a Virtual CFO can help protect your business from financial uncertainties and minimize potential risks.
Business Scaling Support: As your business grows, so do your financial complexities. A Virtual CFO can accommodate your evolving needs, providing ongoing financial and strategic planning support for your business’s expansion.
High-quality and affordable outsourced accounting services.
Preparation of financial statements for management reporting purposes.
Effective demand and supply planning for supply chain optimization.
Enhanced compliance and control with WA internal audit support.
Being SOX-compliant and having a strong control environment.
