We are able to offer highly experienced senior finance professionals as Outsourced CFO’s at your disposal and only when you need it. This concept, frequently referred to as the Virtual CFO, is relatively new to the GCC region but is well-established and growing rapidly in other parts of the world.
A CFO is a forward-looking individual who is involved in all strategic decisions of the business, constantly forecasting future cash flows and financial performance so that resource requirements, including financing facilities, can be identified and addressed well in advance of their requirement.
We offer flexible and professional financial management, tailored to the needs of your business at a price that your business can justify.
The CFO can carry your company’s business card if you wish and represent your company at important meetings with investors, banks, clients, suppliers etc. To the outside world your Monitor Virtual CFO will appear as one of your own team who is no different than your full time employees.
THE CASE FOR VIRTUAL-CFO VERSUS HIRING A FULL TIME CFO
Simply put, the Virtual CFO has significant cost advantages to a business particularly SME’s who are not able to afford the large remuneration packages of a full time CFO. Moreover, the business may only require the services of the Virtual CFO for specific tasks (ex – for bank meetings, key contract negotiations, etc). With Monitor, you know exactly how much you will pay and you switch on and off the costs as you wish.