CFO Services: for Startups and Midsized Enterprises
MYiCFO provides financial and digital professional services to support the Office of the CFO
The CFO (Chief Financial Office) performs a variety of key functions for the organization. Many are strategic, decision making and oversight roles. The Office of the CFO, or more broadly., the Finance and Accounting function, needs to ensure that management controls are operating effectively, that financial systems and processes are optimized, that monthly close is accurate and timely, and that strategic level decisions are supported, irrespective of who in the team performs the functions.
Sometimes, there is no CFO or Financial Controller role, or the CFO exists but does not have bandwidth or expertise for completing the broad range of functions expected from the role. That is when MYiCFO, with specialized finance and digital technology expertise, can help perform many core CFO functions, for Small and Medium sized Enterprises (SME), on a ‘On-Demand’ and ‘Pay-Per-Use’ basis.
MYiCFO provides high quality and cost-effective financial and digital services to the office of the CFO that span the key CFO function including business setup, financial planning and analysis, taxation, valuation, technology adoption, and interim CFO leadership. Services are targeted at midsized enterprises that need cost effective and easy to consume solutions that support the finance department operations and finance-led transformations. We also partner with CPA firms to augment their ability to offer a broad range of tax, financial and digital services.
Your Business Is Dynamic
Startup + Small Business
You’ve worked hard to bring your vision to reality. If you want to reach the next stage of growth, you can’t keep doing it all. Don’t waste precious hours and money on areas that are not your strengths. With the expertise of MYiCFO, you’ll have more time and energy to focus on your business challenges.
Medium Business + Growing
Your business might be mid-sized, but the goals and needs are large. Your ability to grow, and keep growing, is our top priority. That’s why MYiCFO provides companies of all sizes with flexible financial and digital services. When it’s time to scale or pivot, you’ll already have the technology and expertise you need.
Our Solutions Are Tailored To Your Need
The Chief Finance Officer (CFO) performs a key function in any organization. However, Small and Medium Size Enterprises (SME) may not be able to afford a full time CFO initially in their journey, or the services from large consulting firms may be too expensive. Some companies may have a Finance Controller instead, who is more accounting and operationally focused, rather than business, finance, and strategic focused. In smaller companies, the roles may be merged, leaving service gaps that need to be addressed that MYiCFO can help adddress.
MYiCFO provides engagement options to deliver finance and digital solutions for the Office of the CFO. Service engagements can take the form of Virtual CFO, Interim CFO or Special Purpose CFO. While each engagement flavor occurs under different situations, in all cases, services are delivered when required and tailored with the customer to deliver the outcomes requested. The cost is also very transparent. We first agree on the service scope, next, we choose a fixed fee or a retainership model, and then we onboard the expertise, which may be one individual or a team of experts, tailored to the specific need to work for the customer in a seamless manner.
Our Virtual CFO retainer engagements can be as low as half day a week and as high as all 5 days a week. This flexible model will help you keep your costs variable and low but match the level of expertise and value you want.
Our interim CFO may work in your office or remotely as mutually agreed. Once again the range of services performed and time effort required will be per need.
Our expert steps in as a ‘Special Purpose CFO’ for a limited period, till the time the company requires this help. The expert works along with your existing senior management team and your full time CFO to expedite and execute these multiple projects with great efficiency.
MYiCFO is a boutique CFO services provider powered by the expertise of a second generation firm of management consultants and chartered accountants, established in 1955.
The focus clients are small and medium sized enterprises (SME) who need the expertise that larger enterprises enjoy but not with the high price tag.
The team includes MBAs, CA/CPA, Management Accountants and IT professionals. Their collective experience include many years at ‘Big 4’ Accounting and Consulting firms and Fortune 1000 global companies.
Delivering Trust and Results
We blend the use of information technology along with subject matter expertise to provide value based and personalized solutions. We promote professionalism, quality and long lasting relationships.
Request a Free Consultation
HVS Court, 101, Cunningham Vasanthnagar Road Bangalore, India
India +91-974006298 – Call Abbi USA +1 (916) 813-0716 – Call Thomas