In this competitive market, organizations require strategic leadership and support in the field of finance to compete in today's market. Growing business often reaches a point where they need financial advice by professionals, but the cost of hiring those professionals on a full-time basis proves costly to the organization, here outsource CFO services comes to into picture, where a team of experienced professionals who have vast experience serving as controllers for diversified industries having private or public ownerships can bridge the financial management gap.
We, at CHESSY being headed by senior experienced Chartered Accountants with a team of qualified Chartered accountants, company secretaries, cost accountants, management graduates and a team of highly skilled professionals, offers CFO outsource services to such organizations. We are often called upon to evaluate organisations financial strategy, make changes wherever necessary and finally implementing advanced forecasts, processes and controls, helping organisations to overcome financial challenges such as fund management issues or unsustainable growth, get through an event such as an audit or fund raising through institutions, or to help achieve a goal such as preparation for strategic exit or raising funds from primary markets.
We provide services to entrepreneurs, start-ups & companies in following ways:
Fund management & financial planning
Fun raising through IPO, debt etc.
Budget preparation, reporting & monitoring.
Facilitating & Interpreting Financial Reporting
Key decision in spinning off business arms or taking over of existing business.
Internal financial controls
Statutory Tax compliance
Liaisoning with Bankers, vendors, insurance companies, attorneys etc.
Selection of financial software like ERP etc.
The reason for outsourcing CFO can be more effective because:
Non-requirement of full time CFO and hence savings in hefty payroll cost.
Enhanced performance management and analyses
Access to industry best practices
Risk taking capacity
Option of customized services to be procured
Timely reporting
Technology mixed with Finances