A Virtual CFO can add significant value to the company.
This is a global business environment. Companies are increasingly working remotely and having employees, customers, stakeholders, and consultants working in various corners of the globe.
It makes sense to utilise a Virtual CFO that can be on-call 24/7 and 7 days a week, without the hassle of paying benefits and worrying over employment issues and conditions.
The role and function of a Virtual CFO can be transformative helping companies to realise their strategic ambitions, manage the accounting function so the CEO can focus on growth and budgeting, provide confidence in data and financial outputs, assist accessing global capital markets, mentor the CEO, and provide valuable insights based on their experience.
Bookkeepers are great at producing accounts but in today’s fast changing world it is data analysis, data analytics and interpreting numbers and trends that make a dramatic and measurable difference.
Our CEO, Matthew Reynolds, has over 30 years’ experience working as a Chartered Accountant, Business coach, Virtual CFO, Business Development, and Strategist with global companies. He is based in Germany with a global network of SMEs.
We add value through
Financial Analysis and Strategy
Strategy formulation, implementation and analysis is a vital function of core of the Virtual CFO.
However, before any strategic decisions it is important to understand the financial landscape of a company - financial health, competitors, strengths and weaknesses, opportunities, competitive landscape, and macro environment. This is a vital function of a Virtual CFO.
A business strategy is a vitally important pathway that acts as a roadmap to help deliver on the corporate strategy. It often is a competitive strategy - allowing the business to strengthen an organisation’s market position, attract clients away from competitors, and define the unique selling points within the brand as well as its products and services.
We review the Company's competitive advantage and how this should best be utilised in strategy formulation. A competitive advantage is the ways in which a business can produce goods or deliver services better than its competitors.
A goal is different from having a strategy. A Virtual CFO will discuss with CEO and board how to think about and execute strategic moves.
We always suggest – start with a diagnosis. What are the current challenges and problems leading this company to consider a change in strategy.
Another value add we bring a as Virtual CFO is understanding of first principals’ decision making for strategy. This involves breaking down complex problems into their most fundamental elements and rebuilding solutions from the ground up. A perfect example is what Elon Musk achieved with SpaceX -by analysing the raw materials of rockets, he determined that the actual cost of materials was only a fraction of the selling price, leading to the development of cost-effective, reusable rockets. A Virtual CFO will analyse what problem is a company trying to solve, then assist in a 360 review of all elements of processes to solve that problem.
Virtual CFOs are adept at understanding financial reports and developing a sense of the underlying health of a business, its capital requirements, ratio analysis, and forecasting, strategic challenges and delivering this information to key stakeholders within the organisation.
Machine First Processes
We are enthusiastic about the ability of cloud-based computing, AI, analytics, and applications to drive business performance and provide outputs that can be used for evidence-based decision making by management and owners. Choosing the right applications that integrate to a company's financial management software can make a huge difference to productivity and efficiency.
As a Virtual CFO we work with clients to ensure maximum efficiency, reliability and confidence is achieved from machine first processes.
Corporate Governance
Virtual CFOs assist with accurate, timely and reliable dissemination of information to the board and stakeholders.
Financial Management and Analysis
a Virtual CFO will support an organisations ability to make rapid, strategic evidence based decisions based on meaningful and reliable data by providing real time financial records, accurate accounting systems and controls, monthly accounting reporting, and ensuring confidence in month end and year end procedures.
Business Scalability and Growth
Business Scalability is when revenue can be increased materially without a corresponding increase in costs. This will depend on the competitive advantages enjoyed by the business, its structure, and processes. A Virtual CFO will look closely and scalability and growth opportunities.
CEO Mentoring
Virtual CFO can provide coaching, mentoring and support to CEO, accounting, and finance teams. This can be an invaluable support service especially in times of business transformation, strategy execution and dynamic growth.
This is a global business environment. Companies are increasingly working remotely and having employees, customers, stakeholders, and consultants working in various corners of the globe.
It makes sense to utilise a Virtual CFO that can be on-call 24/7 and 7 days a week, without the hassle of paying benefits and worrying over employment issues and conditions.
The role and function of a Virtual CFO can be transformative helping companies to realise their strategic ambitions, manage the accounting function so the CEO can focus on growth and budgeting, provide confidence in data and financial outputs, assist accessing global capital markets, mentor the CEO, and provide valuable insights based on their experience.
Bookkeepers are great at producing accounts but in today’s fast changing world it is data analysis, data analytics and interpreting numbers and trends that make a dramatic and measurable difference.
Our CEO, Matthew Reynolds, has over 30 years’ experience working as a Chartered Accountant, Business coach, Virtual CFO, Business Development, and Strategist with global companies. He is based in Germany with a global network of SMEs.
We add value through
Financial Analysis and Strategy
Strategy formulation, implementation and analysis is a vital function of core of the Virtual CFO.
However, before any strategic decisions it is important to understand the financial landscape of a company - financial health, competitors, strengths and weaknesses, opportunities, competitive landscape, and macro environment. This is a vital function of a Virtual CFO.
A business strategy is a vitally important pathway that acts as a roadmap to help deliver on the corporate strategy. It often is a competitive strategy - allowing the business to strengthen an organisation’s market position, attract clients away from competitors, and define the unique selling points within the brand as well as its products and services.
We review the Company's competitive advantage and how this should best be utilised in strategy formulation. A competitive advantage is the ways in which a business can produce goods or deliver services better than its competitors.
A goal is different from having a strategy. A Virtual CFO will discuss with CEO and board how to think about and execute strategic moves.
We always suggest – start with a diagnosis. What are the current challenges and problems leading this company to consider a change in strategy.
Another value add we bring a as Virtual CFO is understanding of first principals’ decision making for strategy. This involves breaking down complex problems into their most fundamental elements and rebuilding solutions from the ground up. A perfect example is what Elon Musk achieved with SpaceX -by analysing the raw materials of rockets, he determined that the actual cost of materials was only a fraction of the selling price, leading to the development of cost-effective, reusable rockets. A Virtual CFO will analyse what problem is a company trying to solve, then assist in a 360 review of all elements of processes to solve that problem.
Virtual CFOs are adept at understanding financial reports and developing a sense of the underlying health of a business, its capital requirements, ratio analysis, and forecasting, strategic challenges and delivering this information to key stakeholders within the organisation.
Machine First Processes
We are enthusiastic about the ability of cloud-based computing, AI, analytics, and applications to drive business performance and provide outputs that can be used for evidence-based decision making by management and owners. Choosing the right applications that integrate to a company's financial management software can make a huge difference to productivity and efficiency.
As a Virtual CFO we work with clients to ensure maximum efficiency, reliability and confidence is achieved from machine first processes.
Corporate Governance
Virtual CFOs assist with accurate, timely and reliable dissemination of information to the board and stakeholders.
Financial Management and Analysis
a Virtual CFO will support an organisations ability to make rapid, strategic evidence based decisions based on meaningful and reliable data by providing real time financial records, accurate accounting systems and controls, monthly accounting reporting, and ensuring confidence in month end and year end procedures.
Business Scalability and Growth
Business Scalability is when revenue can be increased materially without a corresponding increase in costs. This will depend on the competitive advantages enjoyed by the business, its structure, and processes. A Virtual CFO will look closely and scalability and growth opportunities.
CEO Mentoring
Virtual CFO can provide coaching, mentoring and support to CEO, accounting, and finance teams. This can be an invaluable support service especially in times of business transformation, strategy execution and dynamic growth.
