CFO Services

Virtual CFO Services

CFO service is more of a qualitative progressive outcome. The benefit for the same can be obtained in the long run for an organisation to achieve the company goal and objective.

Our CFO Service is more focused on Driving the system to ensure that it is more sustainable for the companies while it is growing. Our aim is to help the organisation to have sustainable profit growth.

Our strategy is to create a fund for working capital within an internal generation for operation. Therefore, we ensure that every money borrowed by the company is for growth prospects but not to settle with legacy issues. We trust in bringing Policy for Funding and its disbursement.

In our service, we separate the company’s challenges faced due to legacy issues and the issues that are concerned for their growth plan.

The real issues we address to SME & MSME segments like sustainable organisation structure, Strategy to be adopted for Pricing, to support on policy matters to achieve the business volume, support for their business expansion be it Horizontal and vertical. Bring a lot of value proposition by adopting financial discipline. Added to this, we also suggest the company’s people cost to be more efficient & Productive. The last one is support for decision making for all the operational issues. Our drive is to support the organisation to achieve their most practical business plan with their team strength with clarity on KRA & KPI.

The key challenges we encounter is that adaptability to Systematic and cultural change is of paramount importance. Promoters of the organisation have more apprehension for change. Promoters expecting us to deliver fast and wants qualitative reports without making a change in the culture. Therefore, it is quite a time consuming to deliver our key result areas. We are working hard on these areas to bring change.

CFO assignment Brief
Why CFO Services? What do you offer in CFO Service ? Highlight on what could enable client to take call to go forward.
  • Decision making support services on all business financial transaction & business preposition.
  • Strategic initiative support & its validation.
  • Address regulatory compliance issues.
  • Initiate for well planning & control.
  • Handling pressure points.
  • Holding people responsible & accountable for their actions.
  • Handling financial crisis.
  • Achieve sustainable business growth.
  • With the above we will remove over dreams, be prepared for unexpected downtrend of the company, bring in practicality, and provide practical realistic solutions. Internal factors are well addressed.
How elEVAte can help the organization in the long run. How will it benefit to the client?
  • Helps in up-scaling the growth of the company.
  • Ensures smooth operations even in complex business situations.
  • Improves overall profitability and financial efficiency.
  • Supports informed decision-making for business expansion, diversification, and backward & forward integration.
  • Guides you on the right mix of funding for business expansion plans and programs, including appropriate advice on both debt and equity funding.
  • Connects you with the right partners for technical and financial support, including Joint Ventures (JVs).
  • Bridges the gap between department heads by understanding their needs and linking departmental reports to financial impact.
  • Ensures a proper ERP system is in place to generate real-time reports within shorter timeframes.
  • Plans internal workshops for managers and ensures they are trained to perform better in planning and budgeting for transactions with financial impact.
    • Why elEVAte ?
  • Traction of our company – Each of our top management has put together 25+ years of industrial expertise and has handled turnover in excess of ₹1000 Cr companies.
  • Our board members together have experience across 20+ industrial segments, which itself speaks of our strong track record.
  • Team elEVAte has successfully completed two business cycles, proving our deep understanding of customer needs and our ability to deliver results aligned with company vision and mission.
  • elEVAte will set positive directional goals to achieve the defined objectives of your company.
  • elEVAte will put processes in place by closely interacting with top management and the operations team.
  • elEVAte will ensure that the defined processes are followed by all departments to drive sustainable company growth.
    • What is elEVAte’s uniqueness in the market compared to others?
  • Professional approach to every problem
  • Transparent & expressive about opinion & Suggestion
  • Gain Confidence with all peer group member of organization
  • Work ethic are put in practice.
  • Our approach to client is purely based on Product strength Promoters vision & promoters approach to strengthen organizatio
    • Apart from CFO Service, what are all other service you provide?
  • Corporate funding : Debt & Equity.
  • M & A (Merger & Acquisition)
  • IPO Due Diligence
  • Company Secretarial service.
    • Are u certified professional ?
  • We are professional consultancy firm and there is no mandatory certification to provide CFO service like CA firm, Advocate firm.
  • We have experienced professionals handling the day to day operations at mid management level . This professional is deputed to your company. Full time / Part time depending on requirements after Gap analysis
    • How Many man hours can provide for your service.
  • Will be defined after discussing with customers since it defers case to case basis and the kind of service required by the customer.
    • How do you derive the Parameters & Create bench mark that required to achieved
  • We will Interact with promoters to know the expectation and where is the gap to achieve. We interact with each Department head and understand all periodical reports prepared and connect their achievement /failure to financial impact for better improvement. Also read your Competitor financials wherever possible for better bench marking.
    • What are the risk that we mitigate?
  • Operational Risks :
  • Liquidity Risk :
  • Credit Risk
  • Market Risk
  • Business Risk.
    • Will their be an Increase in your Service Charges every year towards.
  • There will be an increase , however this can be worked out at the time of signing the contract on mutually agreed terms.
  • Annual increase is due to inflation and our commitment to people engaged with you.
    • Is your Commercials are directly measurable to Out put of your services. Eg. If we pay Rs.1 lacs pm (Rs.12 lacs per Annum) how much you give back to the company?

    Yes. Outcome of our service is directly connected to the commercial for the quality of progress that we are making in an organization. elEVAte is more responsible for enabling better decision in a given situation, elEVAte will focus on sustainable growth, Brings an operational efficiency for improving the profitability, Brings the efficiency in work among peer group of the company. Enlighten area of cost reduction , Help you to plan for better negotiation in each of the financial transaction with customer/ supplier/Financial Institutions , Are committed to have cost efficiency in banking transactions, Improvement in Product in house cost efficiency by highlighting wastage in the production able items . We also advice for Good Investment proposition/lending.

    What we deliver - CFO Services
    • We assist in developing and validating strategies to make sound decisions for your growth plan in each of your projects & for forwarding & Backward integration
    • Develop Sound Management reporting systems to address all challenges. Focus to align peer teams to finance plan. Be Marketing, Branding, Sales, Executions, Delivery, Service after delivery
    • Risk Management - Develop a Pre-Alert system for any variance to budget and having an emergency plan in place to counter such event
    • Develop a Quarterly forecast system to address all dynamics involved in the market to protect profit margin & Sales Revenue. Cash flow is Key Focus
    • Develop a standard costing model to address variance to budget. We capture customers & Project wise all wastage, Overhead, Extra-ordinary expenses to recover or to eliminate
    • Value additions, Trustworthy, Cost saving
    • Stress on Working capital management study along with a recommendation to ease out.
    • We have a specialist team that works actively with Bank, private equity, venture capitalist and other investors and Pvt. Financial Institutions to arrange to fund
    • Our Service is an integrated approach to managing its uncertainties and opportunities
    • Our team of professional will deliver from global perspective aligned to many industry groups like banking, Private equity etc.
    • Risk management address regulatory and compliance risk, credit risk, Operational Risk, Liquidity risk, Corporate treasury services
    • We support on the valuation of the company
    CFO Services and Scopes
    • 01
    • Develop & support Business Strategy
    • 02
    • Develop short, long range Financial forecast & Rolling Qtr. forecast
    • 03
    • Smooth Operational Cash flow Management
    • 04
    • Fund Raising – Debt & equity
    • 05
    • Robust Management Report for meaningful decision making
    • 06
    • Support on Compliance on FDI & Transfer pricing
    • 07
    • Engagement with vendors & customers on key transactions
    • 08
    • Support to negotiate/ deal for a key transaction like M&A, expansion & other key transactions
    • 09
    • Documentation of standard operating procedures and policy guidelines for process improvement
    • 10
    • Training and support for internal accountants
    • 11
    • Company Secretarial Support service
    • 12
    • Investor relationship management
    • 13
    • Cost management analysis
    • 14
    • Statutory compliance
    • 15
    • ERP implementation support
    • 16
    • Asset management advisory
    • 17
    • Auditor support
    • 18
    • Treasury management

    *Scope does not include operational accounting

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