CFO Compensation Rise @ 6.7%. How does this affect Smaller Businesses?

It’s simple, you need to pay them more. And by more I mean a huge chunk will be written off from companies profit statement.

Though many are surprised by this news, the intricacies of such a news always bring to question as to what is it so special about a CFO’s services? And with an increase in their salaries can you afford one?

Well let me break this up for you. A CFO is a person who uses his financial management skills to save your company from unnecessary expenders and helps you gain more on your profitability by giving you perspective on how to manage company finances.

However, you can opt for the less expensive alternative by hiring a Virtual CFO. A Virtual CFO performs all of the functions of a CFO at one third the cost.

IBN Technologies Limited offers virtual CFO services as and when needed depending upon the scalability of your Business model.

Download Package: http://www.ibntech.com/virtual-cfo-services.html

A virtual CFO helps you stick to your Budget Plan: Many companies set their annual budget in the beginning of the financial year but do not monitor the variances in monthly and quarterly budgets. This affects the entire financial health of the company. IBN Technologies Limited assures its clients of close monitoring of accounts to safeguard company’s finances.

No Need to Hire: A Virtual CFO is not a liability on your payroll, yet works as an asset for your company. IBN technologies’ virtual CFO Services can be hired as per the requirement of your business operation. For instance you are planning a big sale in the next quarter, a Virtual CFO can overview the investment versus the income derived from the expenditure on that event.

Saves your Company from Frauds: Business owners’ primary focus is production and marketing to attract new clientele, leaving no time to micro monitor cash flow and daily transactions. An experience virtual CFO can read fraudulent transactions in between of the estimated budget. He shares his crucial insight as to where mammoth capital investment can be saved, thus a Virtual CFO unleashes the liquid capital of your company. IBN’s expert team and round the clock operations gives you an added advantage of Flash Reporting where there contact the business owners and decision makers instantly as soon as any malicious activity is noticed.

A Virtual CFO uses his experience to extend valuable financial advice to its clients through various financial techniques and works as a trusted advisor for the CEO of the company.

About Us

IBN Technologies

IBN Technologies Limited is an outsourcing service provider with a customer base covering the USA, UK, Middle East and India. IBN has a State of the Art Global Delivery Centre in Pune, India. IBN processes are ISO 9001:2008 quality certified. In 15 years of operation IBN has evolved as leading IT & BPO outsourcing service provider in BFSI, Travel, and Retail Chains & Online Business.

Contact

Rahul Sancheti

IBN Technologies (US) LLC

108 West 13th Street,

Wilmington, Delaware 19801

 Phone: +1-844-644-8440

 Email: sales@ibntech.com

Connect with Us on LinkedIn: https://www.linkedin.com/company/ibn-technologies-limited?trk=top_nav_home