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{"id":6751,"date":"2023-02-03T05:41:39","date_gmt":"2023-02-03T05:41:39","guid":{"rendered":"https:\/\/www.flipcarbon.com\/?page_id=6751"},"modified":"2024-09-20T20:19:40","modified_gmt":"2024-09-20T20:19:40","slug":"virtual-cfo-services","status":"publish","type":"page","link":"https:\/\/www.flipcarbon.com\/virtual-cfo-services\/","title":{"rendered":"Virtual CFO Services"},"content":{"rendered":"\t\t
A service that will help you optimise your business decisions involving money in order to maximise your profits and revenue through 90-day deliverables.\nVirtual CFO services deliver CFO functions at a fraction of the cost.<\/span><\/p>\n Virtual CFO Services provide valuable financial expertise andsupport to a growingcompany or a startup without the costand commitment of hiring a full time CFO.<\/span><\/p>\n What differentiates Flipcarbon Virtual CFO Services is that\nit operates like a ‘Founder First’<\/em><\/span> financial advisor that offers comprehensive \u2018Strategy To Execution\u2019<\/em><\/span> services:<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t Define Winning Aspiration Translate Business Strategy to Financial Strategy Working capital management \u2013 inventory, accounts receivable, accounts payable Fit for Purpose \/ Best-in-Class SOP and processes documented, implemented and monitored Review of Statutory Compliances \u25cf Strategic Planning, annual budgets and quarterly forecast \u25cf Financial Control & Reporting \u25cf Driving business & profitability \u25cf Fund Raising \u2013 Debt & Equity \u25cf Strategic advisory \u25cf Transfer pricing planning \u25cf Accounting Health check and Internal controls \u25cf Complete Accounting in cloud-based software based on IND AS \u25cf Comprehensive ESOP Scheme compliant with Indian regulatory framework Virtual CFO Services provide valuable financial expertise and What differentiates Flipcarbon Virtual CFO Services is that Create & Implement Financial Financial Reporting<\/span> that is accurate, Provide critical Financial Analysis<\/span> Develop Cash Management<\/span> Ensure Financial Compliance<\/span> with M&A<\/span> \u2013 Investment Advisory & These services can be availed in the form of\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
1. Business
Strategy<\/b><\/h5>
\n\n\u2022 Where To Play
\n\n\u2022 How To Win
\n\n\u2022 Capabilities Needed To Win
\n\n\u2022 Management
Systems Needed To Win\n.<\/p><\/span><\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
2. Financial
Strategy<\/b><\/h5>
\n\n\u2022 Well Defined Business Goals \/ Financial KPIs
\n\n\u2022 Detailed Annual Operating Plans (AOP)
\n\n\u2022 MIS, Dashboards and rigorous AOP review frameworks\n\n\n<\/p><\/span><\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
3. Cashflow
Management<\/b><\/h5>
\n\n\u2022 Forecasting & Budgeting \u2013 cashflow and fund flow
\n\n\u2022 Proper debt management
\n\n\u2022 Improving cash conversion cycle
\n\n\n<\/p><\/span><\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
4. Process SOPs<\/b><\/h5>
\n\u2022 Order-To-Cash, Procure-To-Pay, Record-To-Report, Capex, Hire-To-Retire\n
\n\u2022 Standardized SOPs lead to improved efficiency \n\n\n<\/p><\/span><\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
5. Accounting,
Tax & Compliance<\/b><\/h5>
\n\u2022 Indirect and Direct Tax advisory
\n\n\u2022 International Tax Advisory
\n\n\u2022 Structuring legal entity in Dubai, US, Singapore
\n\n\u2022 Comprehensive Checklists\n\n\n<\/p><\/span>\n<\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\tOur Solutions<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
Strategy & Execution<\/b><\/h5>
\n\u25cf Business Turnaround
\n\u25cf Business Acquisition (M&A)
\n\u25cf Business Transition
\n\u25cf Board Advisory
\n\u25cf Management Routines
\n\u25cf MIS and dashboards\n\n<\/p><\/span><\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\tGovernance, Reporting & Compliances<\/b><\/h5>
\n\u25cf Best in class systems & processes
\n\u25cf Robust credit control and collection processes
\n\u25cf Tax Efficiency, planning, compliance & litigation management
\n\u25cf Compliance Reporting & Audit Committee\n\n<\/p><\/span>\n\n<\/p><\/span><\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\tCFO Services<\/b><\/h5>
\n\u25cf Continuous improvement in working capital
\n\u25cf Cash & fund flow management
\n\u25cf Annual Operating Plan - AOP
\n\u25cf Financial planning & Analysis \u2013 accurate, timeous and relevant MIS
\n\u25cf Financial Reports & Executive Dashboards\n\n\n<\/p><\/span><\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\tProject Based Service<\/b><\/h5>
\n\u25cf Investment advisory
\n\u25cf IPO support
\n\u25cf Investor relationship management
\n\u25cf Shared services outsourcing \u2013 P2P, R2R & O2C
\n\u25cf Restructuring & Change management\n\n<\/p><\/span><\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\tStart-up For Funding \u2013 Pitch to close<\/b><\/h5>
\n\u25cf Market research
\n\u25cf Business strategy and business model
\n\u25cf Financial Modelling
\n\u25cf Pricing Strategy
\n\u25cf Creating pitch deck
\n\u25cf Enabling equity funding\n\n<\/p><\/span>\n\n<\/p><\/span><\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\tTransfer Pricing Advisory<\/b><\/h5>
\n\u25cf Analysis of DTAA
\n\u25cf Benchmarking study
\n\u25cf Transfer pricing documentation
\n\u25cf Develop and implement commercially feasible and fiscally efficient TP policies
\n\u25cf Permanent Establishment evaluation and advisory\n\n<\/p><\/span><\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\tFinancial & Statutory Due Diligence<\/b><\/h5>
\n\u25cf Accounting policies and procedures
\n\u25cf Statutory Compliances & checklist
\n\u25cf ROC & RBI \/ FEMA compliances
\n\u25cf Indirect and direct tax compliances
\n\u25cf Employee related statutory compliances
\n\u25cf Balance Sheet Audit & Schedules\n\n<\/p><\/span>\n\n<\/p><\/span><\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\tStart-ups & SMEs Finance Outsourcing and Advisory Services<\/b><\/h5>
\n\u25cf Regulatory compliances related to:
\n\u25cf Income Tax & TDS, GST
\n\u25cf Companies Act
\n\u25cf Monthly MIS on key performance indicators and Tax planning
\n\u25cf Handle statutory audit
\n\u25cf Working capital management\n\n\n<\/p><\/span>\n\n<\/p><\/span><\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\tESOP Scheme Design & Implementation<\/b><\/h5>
\n\u25cf Implementation of the ESOP scheme
\n\u25cf Road show presentation for employees
\n\u25cf Annual Accounting framework of ESOPs and entire enterprise evaluation
\n\u25cf Annual compliances under Indian Income Tax Act and Companies Act\n\n<\/p><\/span><\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\tVirtual CFO <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
support to a growing company or a startup without the cost
and commitment of hiring a full time CFO.<\/p>
it operates like a ‘Founder First’<\/em><\/span>
financial advisor and execution partner
who can not only run-the-business but also
strategically ‘Transform The Business’<\/span><\/em><\/p>
Strategy<\/span> \u2013 create budgets, forecast
performance, manage risks, invest
resources & allocate capital<\/p><\/td>
timely and in compliance with
accounting standards to build
confidence with all stakeholders<\/p><\/td><\/tr>
including financial modelling &
scenario analysis to management team
to evaluate performance vs goals<\/p><\/td>
Strategies, manage reserves and
forecast cash flow to balance
short term vs long term needs<\/p><\/td><\/tr>
regulations & reporting requirements.
Monitor regulatory changes. Build
controls to prevent fraud & errors.<\/p><\/td>
Transaction Support. Fund Raise<\/span> \u2013
‘Pitch To Close’ services. ESOPS<\/span>
design. Transfer Pricing<\/span> advisory.<\/p><\/td><\/tr><\/tbody><\/table>
Retainers :<\/span> <\/em>Annual Or Multi-Year Duration
Projects<\/span> <\/em>: Short Duration<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\tSolutions<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t