FAQ

Question

What would a Virtual CFO do for my company?

Answer
Different businesses have different needs.  A Virtual Controller will be able to use their accounting expertise to help you run your business. They will allow you to put more time back into working in the business and suggest strategies to grow your business

Question

Does “virtual” mean that Virtual CFOs are only available online or over the phone? What if I need someone onsite?

Answer
The “virtual” in Virtual CFOs refers both to the online accounting package and also that we are available when you need us, not on a full-time basis. We can also be on-site as regularly as you require.

Question

Why do I need a Virtual CFO if I have a Public Accountant?

Answer
Most Public Accountants focus purely on Compliance and Taxation issues.  A Virtual CFO can not only assist you with that, they also have the business experience to assist you to manage your business.

Question

Why do I need a Virtual CFO if my company has a bookkeeper?

Answer
A virtual CFO is not a bookkeeper and doesn’t aim to replace or replicate the bookkeeping function.  A Virtual CFO is more like a financial controller, only you get to choose how often you use their services.

Question

Is having a Virtual CFO expensive?

Answer
The idea of having a Virtual CFO is that your company only uses him for things that do not occur every day.  You and  staff should be able to handle day-to-day activity A Virtual CFO only works for you when you need him. Our structured plans give you regular access to our virtual CFO, if you need extra access or need extra services beyond the scope of your plan, a tailored plan can be developed to meet your needs.