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Virtual CFO Services

Growing companies frequently require financial know-how without hiring a full-time CEO. This gap is filled using a flexible solution.

A virtual CFO provides specialized financial supervision in line with particular company requirements. It guarantees effectiveness without needless costs. The exorbitant expenses of employing full-time CFOs, who frequently earn five-figure salaries, are avoided by organizations.

Virtual CFO services from BI-Outsource offer professional advice at a fraction of the price of traditional services. When companies want flexibility, these services serve as a smart alternative to a permanent CFO position.

The Virtual CFO services offered by BI-Outsource fall into the following two groups.

BI-Outsource's virtual CFO services serve as dependable financial advisors to companies without a professional CFO. BI-team's knowledgeable staff can successfully assist clients in overcoming real-world obstacles. By outsourcing to us, any business can get trustworthy decision-making for all issues and precise financial information.

Professionals at BI-Outsource examine your accounting and financial procedures and provide solutions that are prepared for deployment. Clear, doable recommendations are included in comprehensive reports. We mentor, assist, and impart expertise to your team in order to create more robust, productive collaborations.

Uncertainty can happen at any time, and a lack of leadership can seriously impair company operations. In the event that your CFO leaves, the vacancy may affect the organization's overall financial health and decision-making process. As a business owner, you are aware that protracted delays are not an option and that such positions cannot be filled overnight. Evaluating knowledge, experience, abilities, and a most importantly, budget is necessary to choose the best applicant. It frequently takes weeks or even months to find the right fit.

Our temporary CFO services ensure seamless continuity by bridging the gap between a departing and new CFO. Rely on BI-Outsource's CFO services to maintain the smooth operation of your company rather than taking a chance on failures.

What a Virtual CFO does for your business

Most growing businesses have someone keeping the books but nobody turning the numbers into decisions. A Virtual CFO fills that gap part-time: a senior finance professional who plans cash, sets budgets, reports to the owners and the board, and handles banks and investors.

Our Virtual CFO service in the UK is led by chartered accountants. You get a named CFO, a fixed monthly scope and a fee agreed in advance, at a fraction of the cost of a full-time hire.

What is included each month

  • A monthly close on a fixed date, reviewed by your CFO
  • A short management report: profit against budget, cash, receivables, payables and key ratios
  • A rolling 13-week cash flow forecast, so shortfalls are seen weeks ahead
  • Annual budget and quarterly reforecasts
  • Tracking of VAT, PAYE and corporation tax and filing deadlines with Companies House
  • Board and investor packs, and support with bank loans and due diligence
  • A monthly review meeting with the owners to agree actions

When businesses usually bring one in

  1. Cash surprises: shortfalls are found when a payment fails, not weeks before.
  2. Monthly numbers arrive late, or only at year end.
  3. A bank or investor asks for projections and nobody can build them.
  4. A big decision is coming: a new branch, a loan, a fundraise or a sale.

Get a proposal See Virtual CFO pricing

Finance director support for UK businesses

A part-time FD for management accounts, cash flow forecasts, budgets, lender reporting and board packs.

Common questions

Is this a full-time FD?

No. You get FD-level work for a set number of days or hours each month, scaled up for budgets or fundraising.

What does it cost?

From £1,200 a month, with a fixed fee agreed after a free call.

Guides

Get a proposal or email cfo@bioutsource.com

Book a free call