siliconindia | | April 20184Are you aware of exactly how much money you have on hand to pay for your accounts, salaries and other expenses? Are you well aware of the payments to be received or payments to be dispatched? Or, can you provide your bank all the information that they would want to be able to extend your financing? For most organizations, the answers for all the above questions would be ­ No!, because most companies lack the right financial information, which eventually leads to poor decision making, ultimately ending up in an unnecessary elevated risk of business failures.It is said, when your company is growing, sales are up, and the profits are high, and you are busier than ever; failing to plan can often lead to planning to fail. Financial strategies are the foundations for any business, and in order to survive the tough times, and make sure that the business is profitable, one needs to start approaching new and innovative ways to optimize the finances. Housing a core finance officer to manage the capital might seem like the need of the hour. However, despite being aware of the moment of truth, hiring a CFO is not just expensive, but is also inconceivable for the majority of organizations looking to minimize expenditure and expedite growth. As a result, the latest catchphrase gaining ground is that of Virtual CFO. In today's modern times, it is appropriate to say that smart work has more value than hard work. No business is too big or too small to benefit from Virtual CFO services. Whether you want to outsource your entire accounting department or simply the chief financial officer's role, Virtual CFO consulting solutions can give you the expertise that is necessary while optimizing accounting roles. Thus, in this edition of siliconindia magazine we have featured a list of `20 Most Promising Virtual CFO Service Providers ­ 2018'. This carefully crafted list comprises of companies which are setting a benchmark with their unique financial assistant services. Under `20 Most Promising Virtual CFO Service Providers', we have also illustrated the success stories of companies who are going an extra mile to cater top of the range requirements of budding as well as established businesses. Hope the list helps you in your future endeavors and we achieve our mission.Your ideas are always welcome!Deepshikha SinghSpecial Editoreditor@siliconindia.comEditorialOnce a Vision of the Future, Virtual Finance Manager is now a Reality! siliconindia Vol 06 · Issue 9 - 4 · April 09, 2018 Publisher Alok Chaturvedi Managing Editor Anamika Sahu Special Editor Deepshikha Singh Editorial Team Aiswarya Babu K Ananth .V Karthik Muralidhar Lesly Joseph Shefali Mathur Sneha Choudhury Sophia Rohtagi Sujith Vasudevan Srrayvinya OLM Supriya Girish Trisha Pragya Sr. Manager - Sales & Marketing Shashi Ranjan Advertising Managers Editorial queries To subscribe Visit or send email to 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, Murugesheshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2018 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.comVisualisers Vimalraj M Suanya Group Art DirectorAshok KumarNoidaAshu SethiCirculation Manager Magendran PerumalAmeet Kumar Sahoo Garima Anand Kanchan Prajapati
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