OUTSOURCING
START-UP SERVICES
Set-up Run & Transfer ofStart-Up Services
Growth
phase needs the right support! - Most critical phase – Proof of concept is a done deal ; Revenue streams are beginning ; Funding is assured ; Growing team size ; New set of Investors & owners ; Founders have set a big task of scaling volume across acquiring new Customers, Vendor partnerships, enter new Geos ; revamp existing Offering or create new ones ; Eventually create a Brand strength with dedicated investments into Sales & Marketing - Hence the focus on Finance needs a rethinking – why defocus the Core with complexities of running a Finance function taking the attention away!! Or why not hire Finance leadership on a pay-per-use instead of a big time hire or the best decision, give away the finance function at Tactical & Operational levels and retain a Strategic control …- Company Formation matters
- Statutory Compliances
- Business Plan
- Financial model build
- Valuation matters
- Due-diligence / Data room
- Secretarial functions
- Contract negotiations
- Liaisoning external parties like Bankers, Auditors, Investors
- Debt / Equity Raise
- DDR / Data room preparation
- Liaison with potential investors, targets
- Explain your financial position: Walk you through your financial statements and discuss profits (or losses), any assets you own and outstanding liabilities as well as your cash flow
- Set up an accounting system and tools: If you have an existing accounting system, then the virtual CFO evaluates the system and existing process that you have in place and make recommendations for improvement
- Forecast cash flow: Create a 12-month cash flow projection to ensure you have the cash that you need to cover future obligations
- Manage cash flow: Understand where your money is coming from and where you are spending your money
- Create budget-to-actual reports: Set goals for the year and evaluate periodically to see if you are on track to meet your goals; if not, dig into why for example your expenses are higher than you projected
Compliance Function
When agrowth stage Organisation is focussed on building the core blocks of the business like Marketing & Sales teams & only intends to bring in a full-fledged "in-house" finance team member at a certain specific size & scale
Depending on the size and the growth stage of the Organisation, Ocellus provides a flexible engagement model, enabling our Customers to moderate the engagement levels
It take a lot of effort in setting up a competent team involving searching for suitable candidates and engaging them after hiring. Instead of loosing precious time and money in hiring, training & retaining the new recruits & team Ocellus lets the Organisation bring in an experienced set of professionals at a margin of the same effort & cost
Depending on the size and the growth stage of the Organisation, Ocellus provides a flexible engagement model, enabling our Customers to moderate the engagement levels
How does is work
- BUILD
- Skill assessment we review the organisational need in detail & prepare a scope document around required skill sets
- OWN
- Rent instead of hire we hire the best candidates in the market who match the required skills
- OPERATE
- Performance management we own & manage the team with constant review, encouragement, oversight & feedback
- TRANSFER
- Transfer the team & help on providing a leader at a mutually agreed term we transfer the team who is fully set-up to the organisation & help place a leader to take over and run the function
Options to choose from
Onsite Accountants + Remote Finance Manager support
Onsite Accountants + Onsite Finance Manager
Onsite Accountants + Onsite Finance Manager + Finance Controller (time based)
Accountants + Finance Manager + Finance Controller (time based) + CFO Services (time based)
Expert view points - We take great pains in providing most of the technical & subject matter specific guidance on a no-fee basis to the team on ground & the client management. In few cases its on a pay per use basis depending on the
CFO services practice works with companies across Industry verticals, types and sizes in delivering the CFO agenda. We take full charge of the company's CFO/ Head of Finance function as their Ongoing/ Interim CFO. The engagement model is onsite at the company's office and delivered through a strong engagement framework (MyCFO Delivery Framework) with MyCFO taking complete ownership of the Finance & Accounts function lead by a MyCFO Engagement Leader. MyCFO reports into the CEO, Promoters, Group CFO (in the case of a multinational) or investors and manages the company's Finance & Accounts team. MyCFO's CFO services works with companies across ownership patterns including Family Managed businesses, Private Equity/ Venture Capital backed companies, Early stage companies and Indian subsidiaries of Multinationals
Many a times, companies require someone to immediately take over the responsibilities as their CFO. This could happen when the incumbent CFO suddenly quits or may fall sick for a long period of time. In such a scenario, you could either put in all your efforts in searching for a candidate, and lose precious time and money until the new recruit starts working for your company or you could bring in an experienced CFO from our team, as your Interim CFO. This will help the company tide over the gap formed by the departing CFO and the incoming CFO.
Many a times, companies require someone to immediately take over the responsibilities as their CFO. This could happen when the incumbent CFO suddenly quits or may fall sick for a long period of time. In such a scenario, you could either put in all your efforts in searching for a candidate, and lose precious time and money until the new recruit starts working for your company or you could bring in an experienced CFO from our team, as your Interim CFO. This will help the company tide over the gap formed by the departing CFO and the incoming CFO.
Many a times, companies require someone to immediately take over the responsibilities as their CFO. This could happen when the incumbent CFO suddenly quits or may fall sick for a long period of time. In such a scenario, you could either put in all your efforts in searching for a candidate, and lose precious time and money until the new recruit starts working for your company or you could bring in an experienced CFO from our team, as your Interim CFO. This will help the company tide over the gap formed by the departing CFO and the incoming CFO.
Start me Up
Many a times, companies require someone to immediately take over the responsibilities as their CFO. This could happen when the incumbent CFO suddenly quits or may fall sick for a long period of time. In such a scenario, you could either put in all your efforts in searching for a candidate, and lose precious time and money until the new recruit starts working for your company or you could bring in an experienced CFO from our team, as your Interim CFO. This will help the company tide over the gap formed by the departing CFO and the incoming CFO.
DDR
Many a times, companies require someone to immediately take over the responsibilities as their CFO. This could happen when the incumbent CFO suddenly quits or may fall sick for a long period of time. In such a scenario, you could either put in all your efforts in searching for a candidate, and lose precious time and money until the new recruit starts working for your company or you could bring in an experienced CFO from our team, as your Interim CFO. This will help the company tide over the gap formed by the departing CFO and the incoming CFO.
Fund Raise
Many a times, companies require someone to immediately take over the responsibilities as their CFO. This could happen when the incumbent CFO suddenly quits or may fall sick for a long period of time. In such a scenario, you could either put in all your efforts in searching for a candidate, and lose precious time and money until the new recruit starts working for your company or you could bring in an experienced CFO from our team, as your Interim CFO. This will help the company tide over the gap formed by the departing CFO and the incoming CFO.
planning
Many a times, companies require someone to immediately take over the responsibilities as their CFO. This could happen when the incumbent CFO suddenly quits or may fall sick for a long period of time. In such a scenario, you could either put in all your efforts in searching for a candidate, and lose precious time and money until the new recruit starts working for your company or you could bring in an experienced CFO from our team, as your Interim CFO. This will help the company tide over the gap formed by the departing CFO and the incoming CFO.
operation support
Many a times, companies require someone to immediately take over the responsibilities as their CFO. This could happen when the incumbent CFO suddenly quits or may fall sick for a long period of time. In such a scenario, you could either put in all your efforts in searching for a candidate, and lose precious time and money until the new recruit starts working for your company or you could bring in an experienced CFO from our team, as your Interim CFO. This will help the company tide over the gap formed by the departing CFO and the incoming CFO.
Reporting
Many a times, companies require someone to immediately take over the responsibilities as their CFO. This could happen when the incumbent CFO suddenly quits or may fall sick for a long period of time. In such a scenario, you could either put in all your efforts in searching for a candidate, and lose precious time and money until the new recruit starts working for your company or you could bring in an experienced CFO from our team, as your Interim CFO. This will help the company tide over the gap formed by the departing CFO and the incoming CFO.
Policy
Many a times, companies require someone to immediately take over the responsibilities as their CFO. This could happen when the incumbent CFO suddenly quits or may fall sick for a long period of time. In such a scenario, you could either put in all your efforts in searching for a candidate, and lose precious time and money until the new recruit starts working for your company or you could bring in an experienced CFO from our team, as your Interim CFO. This will help the company tide over the gap formed by the departing CFO and the incoming CFO.
CFS Managment
Many a times, companies require someone to immediately take over the responsibilities as their CFO. This could happen when the incumbent CFO suddenly quits or may fall sick for a long period of time. In such a scenario, you could either put in all your efforts in searching for a candidate, and lose precious time and money until the new recruit starts working for your company or you could bring in an experienced CFO from our team, as your Interim CFO. This will help the company tide over the gap formed by the departing CFO and the incoming CFO.
Business Process Importance
Many a times, companies require someone to immediately take over the responsibilities as their CFO. This could happen when the incumbent CFO suddenly quits or may fall sick for a long period of time. In such a scenario, you could either put in all your efforts in searching for a candidate, and lose precious time and money until the new recruit starts working for your company or you could bring in an experienced CFO from our team, as your Interim CFO. This will help the company tide over the gap formed by the departing CFO and the incoming CFO.
Compliance Support
Many a times, companies require someone to immediately take over the responsibilities as their CFO. This could happen when the incumbent CFO suddenly quits or may fall sick for a long period of time. In such a scenario, you could either put in all your efforts in searching for a candidate, and lose precious time and money until the new recruit starts working for your company or you could bring in an experienced CFO from our team, as your Interim CFO. This will help the company tide over the gap formed by the departing CFO and the incoming CFO.
BOOT model of running Finance function
An entrepreneur managing a growing business, needs a strategic partner to lead & manage the financial aspects of the business. SuperCFO provides you with all the services of a CFO, except, the CFO won’t be a full time employee. Our CFO may not be present on-site all the time but will always be there when you need him/her.
Depending on the size and the growth stage of your company, we provide a flexible engagement model, enabling you to increase/decrease engagement levels, thereby giving you the opportunity of having the best CFO talent assisting you, based on your needs. Our ongoing Virtual CFO retainer engagements can be as low as 2 hours a week and can go as high as 35 hours a week. This flexible engagement model will help you keep your CFO costs variable and low but the experience will always remain enriching and memorable.