Grow Your Business with our Virtual Finance Office

Financial management …the ultimate headache! Enter your Virtual Finance Office. When you started your business, things were simple—no employees, few transactions, and no one to answer to. As you grew, you hired people and had to trust them, especially in areas like finance. Finding affordable, skilled financial help became difficult, leaving you feeling overwhelmed and without a firm grip on your finances. Hiring a Finance Director or financial controller is out of reach, and while you know you need better systems and technology, you’re unsure where to begin. Meanwhile, your finance staff lack the experience to efficiently manage and streamline your financial operations.

What does a typical Finance Function / Virtual Finance Office look like? 

1. Accounts receivable

Responsible for invoicing and collecting cash from customers 

2. Accounts Payable

Responsible for paying suppliers and employees

3. Financial reporting and control

Responsible for implementing the systems into which the data is entered and extracted in the form of management accounts for analysis 

4. Working capital management

Responsible for managing cash flow and setting up systems for stock management 

5. Forecasting and budgeting

Responsible for setting up budgeting and variance analysis between actual and budget 

6. Strategic and financial planning

Responsible for giving meaning to the figures, tracking KPi’s and managing the business’ financial risk 

7. Tax and compliance

Responsible for compliance with tax and regulatory bodies like HMRC and Companies House. 

8. Strategic Business Support

Using the foundations of a solid finance function to help the business meet its strategic goals.

Download Our Virtual Finance Office Brochure

virtual finance office / function