Creating a virtual finance office is never ‘one size fits all’ so we firstly take time to talk to you and understand your business, understand what you are aiming for, and so help you to identify what you need. We can then match this to the services that we provide.
These services might include anything from book-keeping, management accounting and reporting, VAT returns, treasury function and credit control to forecasting and scenario planning, attending management and board meetings and acting as a virtual finance controller.
We will put systems in place to ensure segregation of duty, review and oversight of transactions and operations – something that simply isn’t possible when the finance team is just you.
Of course, there may come a point where it makes sense to take the finance functions in house – and at that point you will find that having the systems and controls already documented by your virtual team is a massive advantage to you, and your new in-house team.