FAQs

  • addWhy we should employ a part-time CFO?

    The business environment is becoming very competitive and many companies have realized that they need a CFO's expertise but can't afford to pay one full-time. A company can get the benefit of an experienced CFO while paying only for the hours that the CFO is working by availing CFO services from BoosterTech Solutions

  • addWhat value does an outsourced, shared CFO bring to a company beyond the CFO services?

    The business environment is becoming very competitive and many companies have realized that they need a CFO's expertise but can't afford to pay one full-time. A company can get the benefit of an experienced CFO while paying only for the hours that the CFO is working by availing CFO services from BoosterTech Solutions

  • addWhat are other advantages of hiring a shared CFO?

    • Reduce the risk of hiring the "wrong" person
    • Enable a business owner to pay only for days or hours of productive work
    • Receive senior level expertise at an affordable cost
    • Receive better value than contacting a consultant who offers recommendations but will charge extra for implementations

  • addHow shared CFO will be useful the company?

    Shared CFO being an external resource, a business owner can benefit from insights and expertise that the full-time staff may not have. The key financial matters will be attended regularly and on priority without waiting till it turns into a crisis situation.

  • addWhat is the difference between a Controller and a CFO (Chief Financial Officer)?

    The Controller is an experience accountant that manages the accounting staff and is responsible to maintain proper accounts and generate financial statements. CFO takes more forward look at business by forecasting, managing cash flow and planning for future growth. The CFO provides strategic guidance to the business owners and is also responsible for Treasury functions, borrowings, IT, Legal, Auditors. CFO acts as visionary for growth.

  • addIs my Company too small to benefit from a CFO services?

    Good financial management is needed for both small and large organizations. However, small companies may not need CFO services on a day to day basis. Therefore, part time CFO services is an ideal option for small business to avail expert financial guidance at an affordable cost.

  • addCan my existing chartered accountant provide CFO services?

    No, your existing chartered accountant are your external auditors and they have to maintain independence as required by Law. Further, they specialize in compliance requirements for audit, tax etc. However, shared CFO acts as an internal resource, provides strategic financial guidance and partners with the business owners to help them to effectively manage the business.

  • addHow can I receive an estimate for CFO services?

    We will consult with you at no charge and understand your requirements. Then we can discuss and recommend a strategy and right solution for your business. Please feel free to call us on +91 98339 88815 and we will be happy to help you.