With such a young industry the importance of educating potential clients and other stakeholders is challenging to do as individuals. However, pooled resources mean our voice is amplified making the first meeting with a lead that little bit easier.
So what is a virtual CFO Service? It’s a virtual Chief Financial Officer (CFO), based in ‘the cloud’ who works with your team remotely.
Now let’s use this same analogy and say each of these 3 trucks is a CFO. The dilemma is: which truck do you need now? Which one do you need ‘one day’ in the future? Which one would you like? Which one can you actually afford?
What does a traditional bookkeeper and a dinosaur have in common? Everyone's talking about using tech automation, right? The predictive text function that finishes typing your email messages for you, the coffee machine that knows when to stop pouring. But what almost...
Imagine if your finance team and bookkeeper are holding you back and you didn't even know it.... Generally, the frustrations CEOs and boards feel about the financial reporting of their companies fall into these general areas: Month end reporting – a CEO’s biggest...
A new tool like a power-saw does not have magical powers to turn a bad tradesperson into a good one, however there is an old saying that has been around centuries that says a bad worker will always blame their tools. But it also holds true that modern equipment and...
Let me be clear, this article is trying to encourage your accounting firm to offer Virtual CFO services to your clients.
Many accounting firms are looking to expand beyond traditional compliance work and grow their own businesses by offering Virtual CFO services. But do the rewards justify the risks?
Albert Einstein once said, “If you can’t explain it simply, you don’t understand it well enough.”
Here’s a story about 3 kids who lived next door to each other, went to school together and got identical results in the HSC, attended cooking school together and got identical results, but on completion of their courses were then presented 3 different employment...
Wondering when we are going safely ‘back to work’ is on everyone’s mind and people are having mixed feelings. For many the fear and trepidation of catching COVID 19 is paralysing, whilst others are really missing the interaction as the novelty of WFR wears off. A big...
Supporting virtual CFOs
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