CFO Services
A diplomat and a former US Secretary of the state, Henry Kissinger once said, “The task of a leader is to get people from where they are to where they have never been”
In business, a lot of tasks are assigned to different people and financially advisory tasks are one of them. Many times, you will find business needs a financial advisor all businesses need one, in some cases, businesses cannot afford to hire maintain a full-time employee to handle all these. They may be required to outsource these essential services.
At Ethics Plus, we have this covered to cater to your business needs. Our range of services suit of types of businesses, from the small enterprises to the large- scale organizations in the U.A.E. We have partnered up with clients all over to manage all the financial needs in the companies.
Our team of professionals at Ethics Plus are experts in different fields, we assign you a qualified staff that will do thorough research, go through all records, match them, find errors if there are any, fixes and compiles a complete report to ensure that your business operations run smoothly.
Working with us can either be on a part-time or full-time basis. Being a virtual CFO services provider, you can access our services anywhere from Dubai or U. A.E at a fraction of what most companies would spend on hiring a full-time CFO for the same services. We only charge fees at hourly rates or affixed retainers for the accounting services rendered.
Our online operations allow us to serve our clients at any time they reach out, we are flexible and vastly experienced in the accounting sector, our top range software’s can assure you that your accounting tasks are professional and qualified hands.
Benefits of outsourcing CFO Services
Before we can advise a client on what benefits are there when one outsources CFO, we must first understand very well what CFO means and. Well, the main function of a CFO is broken down into three: – financial reporting and risk management, operational efficiency, and strategy development.
Financial Reporting and Risk Management
For the proper running of a business, the vital assets of the company need to be protected at all costs. This is one of the tasks assigned to the CFO. They make a proper assessment of financial books and manage all the financial risks that may harm the business. They oversee the financial structure to determine the financial target that needs to be met in the company.
Operational Efficiency
The CFO oversees all the financial operations in the business to have a better understanding of the company and find ways to maximize returns from the company investments. This process involves planning and analyzing, budgeting, increase revenue, cutting unnecessary costs, and minimize taxes. Ensures that the overall performance of the company is in sync with the missions and goals that are set.
The CFO needs to have full knowledge of the company to learn how it is structured to how the systems in place run.
Strategy Development
The CFO in a company is given a vital position as his/her insights are much needed in the long-term planning of a business. Their opinions and advice are well received as it is beneficial to the financial part of the business. The primary task of a CFO is to ensure that the business goal and the financial records are aligned.
Increased profitability
The major goal of a business is to make profits. Outsourcing CFO’s services create the time and you get to focus more on other areas in your business. You get more time to serve your clients and come up with effective ways to increase income.
Reduced Costs.
While not all businesses can afford an in-house and a full-time CFO, we encourage that business can save this money and instead outsource these services which a more affordable. The goal is to ensure that the business can cut costs and save as much.
With outsourcing, you get to select on the areas you need to be assisted with, this makes it more affordable and eliminate any unnecessary expenses that hiring an in—house employee may attract.
Better business decisions faster
Having a clean financial record in place and always managed and minimal errors are highly effective in business. With proper finances, a business can plan, make business decisions faster. An outsourced CFO works closely with the business owner. All operations he/she undertakes are overseen and tracked by the owner. You get to track and access any information you might need to confirm at any time. Errors in financial statements can cause hitches to slow down operations. If this happens, the business could get crippled in a major way.
Sustainable Benefits
Your relation with us is long term. All the strategies, processes, and systems that have been put in place by the CFO are you’re to keep. All these come with greater benefits, they have been designed to ensure that your business enjoys profitability, reliability, efficiency, and transparency, everything that your business needs to grow to new heights.
How can we help you?
Ethics Plus provides these professional services that are essential and help you to focus on other important areas in the business. We assign a professional and a qualified member from our team to take through the entire accounting process. Our goal is to see other businesses grow, this only happens when the accounts section in a company is in check.
We have to put in place an exemplary customer service to provide all our clients with supports at any time. At Ethics Plus we are happy to serve with professionalism to ensure that you reached your targets and achieve your goals.
Ethics Plus CFO Services Include:-
Review of accounts
Review of contracts
Budget preparation and monitoring
Professional guidance for your business planning and forecasting
Cash flow and working capital management
Provide guidance related to VAT, filing, and returns.
Assist with the preparation of MIS reports
Improvement of the company’s overall accounting procedure