Every business needs someone to manage accounting, provide financial oversight, and offer strategic advice. Our Virtual CFO service will be tailored to suit your specific requirements.
Watchful Eye vCFO services (only offered in NZ) are based around why we built Watchful Eye, improving the maturity of your accounting function, improving your internal controls & establishing business processes to enable growth until a full-time in-house accountant is required.
Providing accounting advice from inside your business by Accountants who have held CFO roles in businesses up to $90 mill. per annum revenues.
Mix & match from the options to build a service that meets your requirements & budget.
Our vCFO services require a Watchful Eye subscription. Usually the first step is completing an Assessment Report on your business, this gives us our initial understanding of your business & the areas we think need improving. Cost $299 + GST
Budgeting & Forecasting
The Budget is one of the outputs of your business planning process. Use rolling forecasts to get visibility of what you actually see as the year progresses, manage your business to the expected future results.
Business owners generally do not have an accounting background, we can work with you to improve your financial capability.
Working Capital Management
Effective management of accounts receivable, inventory, account payable and cash provides the foundation for growth, profitability and liquidity for a business.
Statutory reporting & providing GST, FBT, Income tax services or reviewing the work of your team to ensure no errors create exposures for your business.
Financial Analysis & Modelling
We love to analyse & use data driven approaches to understand where your business has come from & where it is likely to go.
Establish a monthly reporting pack to ensure you understand how your business is performing. Understand the key drivers of business performance & what is required to improve the performance.
There are so many good cloud tools out there today for running your business, select & implement tools that simplify & improve how you run your business.
Internal Control Strengthening
We will use Watchful Eye to improve your internal controls & safeguard your business assets.
Expenses out of control, implement best practice policies for getting expenses back in check.
Mentor your Admin Function
Have an admin staff or team & want to increase their financial capability so they can take on more of the accounting function. Building a self sufficient team enables career development for your staff while also reducing the reliance on external accounting services.
For a no obligation discussion around our vCFO services and how this could work for you & your business.