Virtual CFO Myth or Reality

The business environment is changing rapidly. There is a sharp increase in the number of E-Com and small enterprises mushrooming in the present market scenario. There is also a constant debate going around in business circles about the need and efficacy of a CFO

Is the Need for a CFO JUSTIFIED?

The fact of the matter is that most new ventures do not have the financial capacity to have an in house accounts and book keeping department. Besides, managing the financial matters of a company are becoming increasingly more difficult and is best left to an established outsourcing partner that can provide the desired results. This is precisely where IBN Technologies Limited steps in to satisfy all financial and accounting demands of an organization.

Today, smaller businesses have multiple choices when it comes to engaging with the right financial analyst that can advise the right course of direction a company must employ to stay ahead of the competition. It is almost a necessity these days to have the services of a CFO. IBN Technologies Limited has a proven track record handling all the financial matters of a small or medium sized company in an extremely professional manner.

Apart from being accurate, these services come at a fraction of the cost of maintaining one’s own accounting division. A virtual CFO is in regular contact with the newer developments in the accounting industry along with the knowledge of the latest software that is available to optimize returns. As well technical expertise from IBN, is available round the clock to answer to any queries that assist decision makers with prompt solutions in times of crisis.

However, the truth is that all issues relating to tax preparation, book keeping and compliance requirements are available in abundance and may be losing some of the previous charm this sector enjoyed.

IBN Technologies believes in staying ahead of the pack by using newer technologies to give them the edge. One such recently developed technology is the use of cloud based services. These are not only more economical but far more efficient and accurate as it permits the automation of otherwise time and labour intensive operations. Communication has also become much easier as there are a large number of options available in the choice of mobile devices that can be used. Importantly, cloud technology permits a user to access all the required information from anywhere in the world with just a click of a button. Of course, this privilege is generally granted to the authorized personnel only, as most of this information is confidential and sensitive.

Download Brochure: https://www.ibntech.com/Virtual-CFO-Services.html

There is no longer any need for fax machines or documents that were being sent through time consuming e-mails after encrypting them in the required format.

Today, IBN can be a trusted partner in a business by assisting their clients with the best business decisions required as far as the accounting and book keeping sector is concerned. Almost every accounting action a company takes is directly responsible to the financial health of the company and can translate into optimum benefits in many other related divisions as well.

Related Services:-

Book Keeping Services: IBN's Bookkeeping Services aids you maintain a consistent accounting system by providing efficient and timely service to effortlessly run your business. Working from source documents and information, such as Invoices, Check Stubs/ Register, Deposit Slips, Bank statements, Credit Card Statement and other necessary supporting documents, IBN team maintain records, which form the components of formal books of accounts payable and accounts receivable of the businesses.

Download Brochure: https://www.ibntech.com/book-keeping.html

Payroll Processing: IBN renders payroll processing services to corporate clients from the UK and USA as an independent third party service provider. Our team also works in liaison with CPA firms in USA and Accounting firms in UK to render these services as outsourcing partners, to their clients.

Download Brochure: https://www.ibntech.com/payroll-processing.html

About Us

IBN Technologies

IBN Technologies Limited is an outsourcing service provider with a customer base covering the USA, UK, Middle East and India. IBN has a State of the Art Global Delivery Centre in Pune, India. IBN processes are ISO 9001:2008 quality certified. In 15 years of operation IBN has evolved as leading IT & BPO outsourcing service provider in BFSI, Travel, Retail Chains & Online Business.

Contact

Rahul Sancheti

IBN Technologies (US) LLC

108 West 13th Street,

Wilmington, Delaware 19801

Phone: +1-844-644-8440

Email: sales@ibntech.com

Connect with Us on LinkedIn: https://www.linkedin.com/company/ibn-technologies-limited?trk=top_nav_home

I am divya borse working in Ibn technologies work as PR manager