Virtual Services

Virtual CFO Service

Power your business with experience and Knowledge :

The Chief Financial officer (CFO) in any organization oversees the financial planning, manages financial risk, and maintains and reports on the businesss financial activities. A virtual CFO provides the same services to startups and small/mid-size business houses.

Our team provides you with timely financial intelligence to fuel your business growth. The development of financial plans at the right time will lead your business in the right direction. Monitoring the financial plan ensures that the business is going in the same direction for which it was set up.

Our Virtual CFO helps you establish processes for controlling the system and partners in your growth. They help you to take well-informed decisions based on facts and figures by combining the power of quantitative and qualitative analytics.

Our Virtual CFO services :

  1. Regular support for financial advice and compliance areas.
  2. Understand your business model and prepare accurate forecasts and budgets using a bottom-up approach from key assumptions and net profit.
  3. Extended hands to existing CFO for special projects like Due diligence, Fundraising etc.
  4. Streamline processes and control systems to achieve the desired goal.
  5. Help you be ready for investors raising capital with ease through understanding Cohort analysis to sales analytics, Lifetime value to customer acquisition cost LTV: CTC analysis.
  6. Get regular reports on your business performance based on facts and figures.
  7. A thorough analysis of each key matrics affecting top & bottom line and identifying key improvement areas.
  8. Periodic review meetings of finance and operational team.

Finance Controller Service

Accurate and timely recording of financial transactions

Soft skills are as important as hard numbers.

The finance controller is a company's lead accountant. His primary role is to oversee accounting activities and ensure that ledgers accurately reflect money coming in and out of the company. Additional responsibilities include reporting as per applicable laws like the Goods and Services Tax Act or filing returns under the Income Tax Act.

Finance controller services are not limited to the understanding of accounting, but it is more than that. The finance controller should have a good understanding of business and need to be a good communicator.

Responsibilities of a Finance Controller :

  • General accounting oversight
  • Creating internal policies and expense control
  • Preparing and publishing timely monthly financial statements
  • Coordinate the preparation of regulatory reporting
  • Manage and comply with local, state, and federal government reporting requirements and tax filings
  • Setting up and reconciling bank accounts
  • Ensuring payment is received from customers and other debtors

The finance controller binds the finance/accounts function to the entire senior management team and is not just limited to the ins and outs of his own department. This means that a financial controller needs strong leadership skills, interpersonal flair and more than a touch of charisma. We at PRANV provides you with experienced professionals having experience in different industries, who help you to achieve the business objective.

The difference between Accounting and controlling :

Accounting is recording a company's transactions data, whereas Controlling is to ensure data entered is accurate, on time and within the rules set up by the company.


Virtual Accounting Services

Focus on business outsource accounting services to experts

In the modern business world, many enterprises / startups are not limited to brick-and-mortar office spaces. They work through electronic means and expects support services in the same manner. Virtual accounting services are popular nowadays, being a low-cost solution than hiring in-house or part-time accountants. Further, it gives you access to your books anytime, anywhere.

These services are provided by a virtual accountant. These accountants are equipped with adequate knowledge and experience without sharing your office space. You will interact and monitor the work at your will even though accountants are not sitting next to you. Seasoned professionals are monitoring the work carried out by these virtual accountants.

Benefits of Virtual Accounting Services

  • Accuracy: Increase accuracy in the recording of data being work is done by a dedicated team.
  • Customisation: Virtual accounting services are customised as per the needs of the business
  • Qualified and Expert team: You will always get services from dedicated and expert accountants. Further, the team is familiar with local regulatory compliances and IT tools.
  • 24/7 access: Enjoy 24/7 access to virtual accountants with the help of your preferred communication mode like a call, chat, or email.
  • Confidentiality and Complete Security of Data: We have NDA in place with all our clients. In the same industry, we take care of confidentiality and ensure no conflict arises.
 
     
25514 Times Visited