siliconindia | | June 20224 Vol 11 · Issue 03 ·June 2022 Publisher Alok Chaturvedi Editor Emmanuel Christi Das Editorial Team Aveek Pal Chaudhuri Hima P M Mandvi Singh GM - Sales & Marketing Rohit Kumar Advertising Managers Editorial queries editor@siliconindia.com To subscribe Visit https://www.siliconindia.com/subscribe/ or send email to subscription@siliconindia.com Cover price is Rs.150 per issue. Printed and Published By Alok Chaturvedi on behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2022 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.advertise@siliconindia.com Visualisers Suanya Chakraborty Rajesh R B Group Art DirectorAshok KumarCirculation Manager Magendran Perumal Ashwini D Naik Shilpa Selva Felisha Rita Correspondent Soumya JAssistant Editor Ananth VAssociate Editor Indranil Chakraborty The CFOs of the current day & age face a deluge of responsi-bilities arising from both internal and external stakeholders as a result of digital transformation. Digital disruption in the current era is creating hurdles for every industry, including the BFSI industry. To successfully overcome these hurdles, the mod-ern-day CFOs have transformed themselves.The growing need for financial experts in business has become even more evident given the current economic situation. Having said that the demand has been growing for a while. The concept of virtual CFO service though not a new trend, is a growing one, especially given the difficulties faced during the COVID-19 pandemic. There are multiple reasons why there is a higher demand for a virtual CFO. As business becomes more complex and the CFO is required to wear many hats, Startups and businesses are now more than ever search-ing for opportunities to operate smoothly. The rise of the virtual CFO has a lot to do with more significant demand for the full-stack CFO­one who skillfully delegates resources like their team, tech-nology, and strategic partners effectively while also being available to the client's convenience. Given the toll the pandemic has taken on the market, many Small Businesses and Organisations look at ef-fectively cutting down the costs to sail through troubled times. Here is where hiring a VCFO can help offer the level of services that can be availed with a nominal amount of the actual cost. Many CEOs of startup companies and business owners have less experience in Financial Management. This provides another great opportunity for companies to hire a VCFO. Whereas, for complex business prob-lems, even the big organization in India hire a VCFO to complete the specific task successfully. Emmanuel Christi DasEditoreditor@siliconindia.comCFOs of the Digital AgeEditorial
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