The Virtual CFO Group has helped us establish and maintain rolling 3-way forecasts, giving us clear insights into profitability and cash flow across our companies. Their support has been invaluable to our internal finance teams, and they collaborate effectively with management across all divisions to ensure seamless financial management.
When a private investor showed interest, we engaged The Virtual CFO Group to enhance our financial controls and set up robust reporting and forecasting processes. Their expertise was crucial in ensuring a smooth transition and achieving a successful outcome.
Since partnering with The Virtual CFO Group, we’ve established proactive planning and review processes that have significantly boosted our profitability and provided clear insights into our cash position for the outlook period. We highly recommend their services to other medium-sized businesses seeking growth and financial clarity.
As a project-based business, managing work-in-progress valuations is crucial for our margin control. The Virtual CFO Group helped us develop a robust valuation methodology, allowing us to accurately monitor project margins and assess gross performance during reporting periods, significantly improving our margin management processes
In 2017, we secured venture capital thanks to the comprehensive financial budgeting and forecasting reports provided by The Virtual CFO Group. The venture capitalists noted that our reporting detail was comparable to that of much larger companies. Their management reports have been crucial for our rapid expansion, allowing us to remain agile and make informed decisions with confidence. Understanding our cash position at all times has been essential for effective decision-making, helping us avoid costly mistakes and seize opportunities.
The Virtual CFO Group has collaborated with our finance department to implement 3-way forecasting, incorporating capacity management and demand planning. Their support has enhanced our structured decision-making and strategic capacity planning, enabling more informed and effective decisions for our business
We enhanced our finance team’s planning and analytics capabilities by partnering with The Virtual CFO Group. Their close collaboration with our internal team helped us develop stronger financial skills and more robust financial management practices, significantly boosting our overall financial capability.
The Virtual CFO Group introduced a structured approach to our planning processes and provided a clear understanding of our key gross profit drivers. Their close collaboration with our internal teams fostered productive relationships and enhanced our overall financial management, leading to more informed and effective decision-making.
Following our business mentor’s recommendation to appoint a virtual CFO, we engaged The Virtual CFO Group. They established robust financial controls that enhanced our reporting and planning processes. We now have a clear understanding of how our operational performance affects profitability and cash reserves, boosting our confidence in financial management
Partner with us, we’ll work within your organisation – we’ll get involved in your business.
Industries and Client Types
The Virtual CFO Group supports small to medium-sized businesses across a variety of industries, each requiring customised financial solutions for optimal growth and efficiency. We provide expert services in:
Streamlining financial operations, improving cash flow, and ensuring regulatory compliance.
Managing complex budgeting, funding, and financial reporting requirements.
Enhancing profitability through cost control, cash flow management, and performance forecasting.
Supporting inventory management, financial forecasting, and improving operational efficiency.
Offering in-depth financial oversight and budget management for successful project execution.
Ensuring financial control, cost management, and profitability tracking for events.
Providing financial planning, cost analysis, and process optimization to enhance productivity.
Managing cash flow, reducing operational costs, and optimizing financial processes.
Offering strategic financial advice, cash flow support, and scaling strategies for rapid growth.
Discover how our services have transformed businesses and achieved remarkable results with us.
We have a 30 minutes obligation free discussion getting to know about you and your business. After that we send you a once way NDA we have signed and then request that you send us access to your accounting system, we download your financial data, throw it into our models and do an assessment of where you at, what need to be fixed and what you can afford and we will prepare a proposal accordingly.
For Bookkeeping and Payroll services we charge per hour, for CFO advisory type services like management reporting, forecasting, dash boards etc we charge on a monthly recurring retainer basis. The cost will depend on the size of your business and what you can afford,
we in essence tailor our service to your budget and prioritise value for money based on the priority of you business.
The short answer is yes. With over 30 years combined experience working with SMEs there is no sector, industry or niche we haven’t had direct experience working with. Feel free to check out our List of industries for a more detailed breakdown.
No you don’t. We have some customers who have been with us for more than 06 years, not once have we over asked a customer to sign a term contract. Our customers stay with us because we deliver great value for money.
So tax accounting is all about minimising your tax liability with the ATO, so all of the advise your tax accountant provides is with this in mind. We are more focused working with you to grow your business by providing insight into how your business is truly performing from a profitability and cash generation point of view. We provide planning and foresight and therefore work with both historical data and future projections.
No not at all, we are here to provide what you don’t have and work with what you do. In
some instances our customers have a full finance team and we just provide the CFO
components. We are here to offer you what you need and deliver it in a high value cost
effective way.
No it doesn’t, we are able to extract the data we require from any accounting system and
plug it into our models for a seamless experience for all.
Yes we can. Often new customers feel ashamed or a little embarrassed about the state of
things, there is no need, this is much more common than you think and we have years of
experience holding our customers hands getting things on par for them and we will be able
to do the same thing for you.