01.Outsourcing professional services are a globally acceptable trend
02.Availability of experienced and high-quality CFOs is limited, against the number of new businesses
03.Challenges in managing the scale during growth phases
04. Medium-sized or low-profile companies find it difficult to attract the right talent
05.Outsourcing scalability and mileage with bankers
When to outsource CFO service?
01
Companies aiming for fast growth over the next 2 to 5 years
02
Family businesses while professionalizing and scaling up
03
Technocrats or professionals who must focus on the core business
04
In M&A, for a “Post-merger” integration
Benefits of CFO Outsourced Service?
Cost of outsourcing is lower than in-house CFO’s by at least 30% to 40%, depending on size and growth phase of the company
Outsourced CFO’s competence is with a wide gamut of Finance competencies thanks to a senior team, while in-house CFO’s are restricted to their core specialization
elEVAte has a support team of experts with extensive finance and industrial knowledge
Measurable parameters on commitments, deliverables and cost-saving
Focus and Commitment for cost-saving from the current scenario
Knowledge sharing of varied industries CFO Best Practices to benefit start-ups and mid-sized companies
Experts to handhold during the crisis
Ability to save time and ease efforts in relationships with bankers, auditors, investors, external consultants