CFO Services in Bangalore

Bangalore has emerged as India’s fifth-most populous urban agglomeration. This high tech city is home to several IT industries, giving it the name of the “Silicone Valley of India". As the nation’s most promising information technology exporter, the city provides a great environment for both startups and budding entrepreneurs.

However, the city can only offer a company so much. What a business actually requires is proper execution and financial advisory. So, if you own a business or wish to establish one in this metropolitan city, you would require well-managed CFO services in Bangalore along with your idea.

Why CFO Services?

Just like a CEO is a highly crucial position in a business for it to run properly, a CFO is required to ensure its financial needs are met. As a business owner, you might have a vision, but if you don’t properly allocate your funds, any amount of money will seem inadequate for your company.

With proper CFO consulting services in Bangalore, your cash flow will be optimised, and you will see better results without exceeding your capital. The benefits do not end there; expert services also include detailed monitoring of your business expenditures and identifying probable issues. Hence, with this, you are not only improving the present financial situation of your company but securing the future finances as well.

Advantages of Outsourcing CFO Assistance

While balancing and allocating funds seem promising, hiring a team explicitly for a company might not be a good choice for everyone. While an established conglomerate can afford a complete finance department, a startup or small business cannot.

However, lack of funds does not negate the need for professional financial advisory. So, instead of paying a fortune for a separate team, avail outsourced CFO services in Bangalore. You get all the above mentioned benefits without having to pay for the same. Moreover, outsourcing services will bar you from having a long term commitment and give a leeway to decide when you need it and when you don’t.

Why Select IamyourCFO?

If both the financial and executive departments of a company are not in proper harmony, no amount of professional aid would be beneficial. This is where we thrive as an outsource CFO company in Bangalore. Over the years, we have worked with several established companies across India that exposed us to different executive teams.

In addition, our assistance begins from the very incorporation of a business. This further helps us understand exactly how to balance the two divisions of an establishment and provide our ultimate services.

What Do We Offer?

We have created six major service divisions that cover every financial advisory requirement of a company starting from the day of its incorporation. This way, we can provide a helpful startup CFO service in Bangalore that aspiring business owners can benefit from. However, our assistance does not end there.

The finance-related services that we offer at IamyourCFO are:

CFO Services - Our Services Includes:

The finance-related services that we offer at IamyourCFO are:

1. Finance Operation

  • Variance analysis
  • Payroll management
  • Cash and fund flow analysis
  • Debtor and creditor ageing
  • Cost management
  • Preparation of monthly P&L
  • Capex management
  • Reviewing accounts

2. Business Strategy

  • Pricing inputs
  • Periodical MIS and analytics
  • Sensitivity analysis for cost drivers and key revenue
  • Preparation of operational and strategic plans
  • Business processes standardisation
  • Identification and driving productivity initiative

3. Compliance Monitoring

  • Secretarial? ROC compliance
  • GST and Income Tax returns compliance
  • Transfer pricing
  • SEZ & STPI compliance
  • FEMA compliance
  • Audit compliance for liaison
  • Labour law compliance

4. Financial Advisory

  • Facilitating M&A
  • Debt and equity financing
  • Investment strategy
  • Support in designing management remuneration
  • Capital structure and restriction
  • Support in raising capex and working capital loan

5. Business Incorporation

  • Obtaining PAN and TAN
  • Company formation
  • GST registration
  • Captive set-up and structure formation
  • MSMEs registration
  • Registration and drafting

6. Revenue Litigation

  • Attending hearing with RBI
  • GST appeal and scrutiny cases
  • Income tax appeals and scrutiny proceedings
  • Liaisoning with auditors/advocates/consultants/counsel
  • Transfer pricing

While these CFO services for small business in Bangalore and their sub-categories lie in the very centre of our company, we actually offer more.

Other Services: Some other crucial aids you can avail from us for your company are:

With these, we try to offer you all-around assistance regarding your company. Especially a lot of these are essential CFO services for start-ups in Bangalore. So if you are planning to incorporate your business, it is best to have us on board from the very beginning. We act as your advisors and become a partner in your growth.

Furthermore, we also provide solutions on different facets of your business, such as:

1. Business Advisory

With us, as your business advisors, you open new gates of opportunities and understand the right way to utilise them. Consulting us is more than getting suggestions; we help you implement the right methodology to generate the most profit. for more information, check here.

2. Supply Chains and Logistics Advisory

We offer to act as your supply chain consultant and provide you with solutions to streamline your distribution nationally and internationally. Our experts provide you with the methods and means of extending, importing, and developing irrespective of which industry your business belongs to. For more information, check here.

3. Back Office Management

With our back office services, we act as your professional consultants and provide professional backend support. Our experts help you boost your company’s productivity at a significantly lower cost and ensure your data is secure and safe. For more information, check here.

4. Marketing Consultancy

We provide marketing advice to small and mid-scale businesses, ensuring they develop a firm hold in the industry. For more information, check here.

5. Design and Development

Our experts use their knowledge and experience to build your company’s image with different branding and designing strategies. They expertise in predicting upcoming trends and update your brand accordingly. For more information, check here.

6. Education and Training

Our services of developing skills are designed to develop efficient employees who are not just experts in their respective fields but offer all-round support to your company.  For more information, check here.

What is a Virtual CFO Company?

One does not need to be physically present to offer great advisory. A virtual CFO company is literally what one would think it to be, that is, a company that operates remotely and provides finance-related assistance.

IamyourCFO also provides its CFO services in Bangalore is quite a similar fashion. We are not essentially going to occupy any space in your office but offer you best-in-class assistance from our office location. This does not affect the quality of the services you avail rather helps you reduce unnecessary accommodation costs.

What to Look For in a CFO Consulting Company in Bangalore?

When looking for a professional CFO company, the most crucial thing you need to look for is the amount of experience it has. It is because no two companies are the same, and an outsourced company deals with multiple simultaneously.

Lack of experience would mean it uses the same tactics for every business it works with without considering its individual requirements. At IamyourCFO, we understand the importance of creating niche advice and diligently practice that for every service we offer.

To better understand our experienced services, you can go through our service-specific pages and testimonials.

IamyourCFO is a team of industry experts who act as a financial consultant and partner in overall growth of the organization. The main aim of the company is to become the Partner in Growth, which is why the services are designed to cater from the very establishment of a company.

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