Yes. We offer flexible options where you can engage us for a specific project – such as preparing a business plan, improving cash flow, or reviewing financial systems – without any long-term commitment.

Not necessarily. We work alongside your existing team, guiding them and filling in gaps where needed. Our role is to add strategic expertise, not replace capable staff already in place.

In most cases, we can begin within a few days after understanding your requirements and signing the necessary agreements.

• Full-Time CFO : This is for companies who have a full-fledged Accounts team and may be an interim Finance Manager. But there is no one to head the Finance function and act as a partner to CEO / General Manager for Business Strategy, Insights, Overall Management and Growth.
• Part-Time CFO : A company may have outgrown its current internal resources. An experienced financial professional can work on-site with flexible hours at your place of business for less than the cost of hiring a Senior Accountant.
• Special Purpose CFO : A special service of ours to support and provide assistance to CFOs of large corporations in the areas of their project implementation, decision support, analytics, brainstorming sessions, among other such specific functions but having bigger dimensions.
• Interim CFO : Every business, regardless of size, needs the services of an experienced CFO. No business can afford to go without the services of a CFO for a single day. Our Interim CFO service will help businesses cover up the time, if they decide to have an in-house, full time CFO on their payroll. During this intervening period, apart from usual CFO function, this CFO service will analyze critical information about the business, provide valuable counsel and function as a key member of the management team.
  
• CFO on Demand : This CFO Service is to meet the immediate demand of a specific function of a CFO for a business. This service is usually provided on an hourly basis to fulfill the targeted work. Nature of work may include review of a big tender document to be submitted, vetting of a critical contract/agreement, preparation of a feasibility report, business valuation, assisting in a business plan document, an improvisation project, amongst others.
• Virtual CFO : A Virtual CFO is more than a Book-keeper and Accountant but less than a Full-Time CFO. He is available for almost everything a CFO role entails, but at a distance. He is involved in your business functions but not visible. He is responsible but restricted in his presence. He is available to you 16/7 days a week. 

It just depends on what you need. We help you in assessing your needs. We customize our available solution to meet your needs and your budget. Our unique proposition is that you have our complete set of financial management expertise, years of experience  and business acumen for a fraction of the CTC (salary of a full-time hire) of the employee.

Many companies find themselves at the stage where they need strong in-house financial management resources, though they cannot afford to hire at the level they need. Moreover, the need is not full-time. They end up settling for a person without the appropriate skills and experience. We will allow you to spend time where it is much required – on sales, marketing, operations and production while becoming part of the team seamlessly. 

We have found that many SME business owners and entrepreneurs are either (1) occupied with back office administration, in that they spend too much time on it, or (2) they don’t have good MIS system to provide them insightful details for running their business and taking decisions more on facts than hunches. We help SME business owners with robust MIS reports in the areas of cash flow, sales analysis, profitability management and costs. SME business owners need help with financial and operational issues.

We recommend that you have access to the following:

• Detailed cash-flow planning and forecasting of cash or borrowing needs.
• Regular MIS reporting with Key Performance Indicators and Ratio Analysis.
• Data Analytics on key business areas of customer pricing, Fixed Costs, profit margins and capital expenditures among others.
• Flexible Budget with emphasis on sales and operating costs including “what if” scenarios.
• Costs broken down into fixed/variable for leveraging.
• Inventory details to keep Inventory under checks & balances.

Most business owners have a Chartered Accountant as an Auditor and a small Accounts team. It is important for business to get the accounts audited for statutory and/o r bank purposes. You may even have a Tax Consultant to take care of your various tax matters. But this is not what we do. We work out of your office and become part of your team. We are involved in understanding the day-to-day issues of your business. We then help by managing internal functions and providing key management information for facts-based decision-making.

We become the right-hand man of Business Owners and/or CEO. Our CFO Services should not be taken as another job profile. We assume the role of a long-time friend and business partner of the CEO.

A CFO is a Strategy Partner of CEO, Trustee of Internal Controls-Policies & Procedures, Responsible for mitigation of Risks & Liabilities, Proactive on Compliance, Involvement in Financial Reporting, Propagating Insightful MIS for fact-based decision making, among others.

We are totally aware of how sensitive and important information and data are of a company. The confidential information is shared or opined only for the Services and will be solely used for the purpose of the Services. It will not be shared / used for any other purpose or platform.

We take care of this aspect in three steps:

• 1. We are bound by our Professional Code of Ethics as have been defined by the Institute of Chartered Accountants of India.

• 2. We will sign a ‘Non-Disclosure Agreement’ with you at the beginning of our relationship. The confidential information shall be kept protected for a period of two years from the date of our Agreement.

• 3. The usage of the Confidential Information ceases upon expiration of our relationship. We will either destroy or return it upon written request. 

“Confidential Information” means any information to be supplied by the Disclosing Party to the Receiving Party, which is not in the public domain and in which the Disclosing Party has a proprietary or ownership interest or has legal duty to protect, which is considered by the Disclosing Party to be commercially sensitive, confidential or a trade secret and which is identified by the Disclosing Party to be confidential, including but not limited to, copyright material supplied only under restrictive license, business plans, product development details, applications solutions, software design and development, names and sensitive information pertaining to customers and prospects, business development and marketing information.

A business always needs the services of a specialized Finance Professional. One need not wait for: 

• Recurring cash management and other operational issues.
• Non-availability of financial data critical to making facts-based business decisions.
• Delegating Financial management responsibility so that you can focus on growing your company.
• a sounding board to validate business strategy, critical decisions among others.

Last but not the least, you recognize the need for a full-time finance professional but do not want or cannot afford to employ a full-time CFO.

In our experiential opinion, when a business feels like that, they do not need the services of a CFO, at that very time is the right time to hire our CFO Services

The main reasons are mind-set and focus areas. 

A bookkeeper or accountant manages the company’s books and records. He is responsible for the transaction processing in a company. He records and reports on past events. His only involvement with business is solely focused on recording and reporting the numbers based on ‘what has happened’.

The TotalCFO Service is totally focused on providing CFO Services. We recommend companies to have their own Accountants. We team-up with in-house Accountants and take a proactive role concerned with the company’s future financial success. We have a  a commercial approach and can advise of the financial impact of all aspects of the company’s operations.