Outsourcing of Finance, Accounting, HR and Payroll Functions

Q: What is a Virtual CFO?

A Virtual CFO is an outsourced financial expert who provides CFO-level services such as financial strategy, planning, compliance, and business decision support—without the cost of hiring a full-time CFO.

Q: What services does a Virtual CFO offer?

Budgeting, forecasting, cash flow management, MIS reporting, fundraising support, compliance, and risk advisory.

Q: How much does a Virtual CFO cost in India?

Between ₹20,000 to ₹50,000 monthly, depending on scope and complexity. The minimum service duration is six months.

Q: Can Virtual CFO services be customized?

Yes. Engagements can be tailored—part-time, full-time, or project-based—to fit business needs.

Q: How secure is my data with a Virtual CFO?

Virtual CFOs use global data security standards and strict access controls to keep financial data safe.

Q: Who should hire a Virtual CFO?

Startups, SMEs, and growing businesses that need financial expertise but lack the bandwidth or budget for a full-time CFO.

Q: What is included in Virtual CFO services?

Services may include Accounting Oversight, Compliance Monitoring, Monthly MIS & Reporting, Systems & Process Advisory, Cost Control, Business Decision Support, and Stakeholder Coordination. Businesses can choose a customized package.

Q: How can virtual CFOs help start-ups manage their finances?

Startups often miss financial signals, struggle with cash flow, and lack CFO expertise. A Virtual CFO provides strategic guidance, financial discipline, and investor readiness at a fraction of the cost of a full-time CFO.

Q: Is a Virtual CFO better than an in-house CFO?

Large corporations may need an in-house CFO. For startups and SMEs, a Virtual CFO is a smarter choice—offering the same expertise in strategy, compliance, and growth planning at much lower cost and with flexibility.

Q: How is a Virtual CFO different from accounting services?

Accounting tracks past transactions, while a Virtual CFO looks ahead—analyzing numbers, building forecasts, supporting fundraising, and shaping business strategy.

Running a business requires juggling numerous tasks, and managing crucial functions like finance, accounting, Virtual CFO, HR, and payroll can quickly overwhelm your team. Outsourcing these functions offers a strategic solution to free up internal resources, improve efficiency, and gain access to expert financial and compliance support at a potentially lower cost.

Clients Served

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Invoices Processed Per Month

Completed Projects

Reconciliation in a Month

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Unlocking the Benefits of Outsourcing:

Cost Savings: Outsourcing eliminates the need for in-house salaries, benefits, and software licenses, potentially leading to significant cost reductions.
Enhanced Efficiency: Free your internal team to focus on core competencies, while experienced professionals handle essential back-office tasks.
Improved Expertise: Access a wider pool of qualified professionals with specialized knowledge and experience in relevant fields.
Increased Scalability: Easily scale your finance, accounting, HR, and payroll functions up or down as your business needs evolve.
Reduced Compliance Risks: Mitigate the risk of errors and non-compliance by leveraging the expertise of providers who stay abreast of changing regulations.

What Does Outsourcing Include?

Finance & Accounting: Bookkeeping, accounts payable & receivable, financial reporting, budgeting & forecasting, tax preparation & filing.
Human Resources: Payroll processing, benefits administration, talent acquisition, onboarding & offboarding, employee relations.
Payroll: Calculating salaries & deductions, tax withholding & remittance, generating paystubs, direct deposit management.

Popular Accounting Portals

Xero
QuickBooks Online
Zoho Books
FreshBooks
Wave Accounting

Making the Transition: How to Outsource Effectively

Evaluate Your Needs: Identify which functions you want to outsource and the level of support required.
Research Potential Providers: Conduct due diligence, compare service offerings, and assess security measures.
Negotiate the Contract: Clearly define service scope, responsibilities, communication protocols, and data security measures.
Ensure Smooth Onboarding: Provide the chosen provider with comprehensive data and training to ensure a seamless transition.

Betterwiser: Your Partner in Streamlined Operations

At Betterwiser, we understand the unique challenges faced by businesses. We offer a comprehensive suite of outsourcing solutions for finance, accounting, Virtual CFO services in Gurgaon, and payroll functions, tailored to your specific needs and budget.

Our team of experienced professionals is committed to delivering:

Superior Expertise: Benefit from the knowledge and skills of dedicated professionals in each domain.
Cutting-Edge Technology: Leverage our robust platform and secure data management infrastructure.
Scalable Solutions: Adapt your service scope seamlessly as your business grows.
Proactive Communication: Stay informed through regular updates and clear communication channels.

Our team of experienced Chartered Accountants and financial experts can help you avoid the pitfalls and challenges that often come with managing these critical business functions, ensuring compliance, efficiency, and strategic financial guidance.

What Does a Virtual CFO Do?

Areas

Responsiblity

Financial roadmaps, scenario analysis, goal setting
Timely, accurate MIS reports, dashboards, KPIs
Resource planning, cash flow projections, Payroll Management
Tax filings, GST returns, statutory compliance
Financial decks, fundraising support, due diligence
Identifying, assessing, and mitigating financial risks

Bottom Line:
👉 A Virtual CFO is your business co-pilot — making sure your financial engine runs smooth, fast, and future-ready.

Service Type

Best Suited For

Businesses needing year-round financial leadership
SMEs needing periodic strategic oversight
Companies undergoing leadership transition, M&A
Startups fundraising, implementing ERP, expansion
Financial modeling, valuation, ESG reporting, risk advisory

Business Finance Challenges Our Virtual CFO Services Solve

Overcoming Lack of Financial Control
Preparing for Funding and Investor Pitching
Managing Rapid Growth without Chaos
Reducing Tax and Compliance Risks
Scaling Operations with Financial Discipline
Improving Profitability without Guesswork

Why Choose Us

Decades of Combined Financial Expertise

Tailor-Made Strategic Financial Plans

Latest Technology Stack for Real-Time Insights

360° Compliance, Risk, and Growth Management

Transparent Communication and Weekly Updates

100% Data Security with Global Standards

How It Works

Discovery Session
Understand your goals, challenges, and opportunities.
Customized Strategy Plan
A practical, action-driven plan mapped to your business priorities
Seamless Integration
Onboarding securely, syncing with your current accounting systems
Ongoing CFO Services
Reporting, advising, forecasting, and leadership every month.
Performance Monitoring & Optimization
Continuous improvements, adjusting strategies as markets evolve

We help Businesses

get clear on finances and drive growth. Our focus: boosting profits and building sustainable success. We handle the numbers, so you can focus on your business.

Our Process of Work

Elevate your business with a phased financial strategy. We align every step with your goals, providing clear insights and impactful results.

SOP Drafting
Develop Standard Operating Procedures to establish a structured workflow.
Chart of Account Setup
Organize and implement the Chart of Accounts for accurate financial tracking.
Process Understanding
Deep dive into the client's existing processes to align VCFO support with operational needs.

Review of Books of Accounts
Conduct a thorough review to ensure accuracy and compliance.
Tax Calculation & Filing
Handle tax calculations and filings to meet regulatory requirements.
Expense & Tax Planning Advisory
Provide strategic advice for expense management and tax optimization.

MIS Reporting
Implement Management Information System (MIS) reporting for real-time business insights.
Treasury/OverDraft Management
Implement strategies for cash and investment management to optimize liquidity.
Budgeting & Forecasting
Develop budgets and forecasts to guide financial planning.

Business Outcomes with Virtual CFO Support

Retail Industry

Revenue Managed

700 CR+

Transactions Managed

2000 k+

Tax Value Managed

100 CR+

MIS Report Shared

250+

Manufacturing

Revenue Managed

200 CR+

Transactions Managed

50 k+

Tax Value Managed

20 CR+

MIS Report Shared

65+

Setup Check List

Data Sharing

SOP Drafting

Data Management

MIS Reporting

Advisory Services

Frequently Asked Questions

Have questions in mind? Find answers here...

What is a Virtual CFO?

A Virtual CFO is an outsourced financial expert who takes care of everything a full-time CFO does—financial strategy, planning, compliance, and decision support—without the high cost of hiring one in-house.

What services does a Virtual CFO offer?

Typical services include budgeting, forecasting, cash flow management, MIS reporting, fundraising support, compliance, and risk advisory.

How much does a Virtual CFO cost in India?

On average, fees range between ₹20,000 to ₹50,000 per month, depending on the scope and complexity of services. Most engagements run for a minimum of six months.

Can Virtual CFO services be customized?

Yes. Every business has unique needs, so engagements can be tailored to be part-time, full-time, or project-based.

How secure is my data with a Virtual CFO?

We follow global data security standards with strict access controls to keep your financial information safe and confidential.

Who should hire a Virtual CFO?

Startups, SMEs, and growing businesses that face financial complexity but don’t have the bandwidth or budget for a full-time CFO benefit the most from Virtual CFO services.

What is included in Virtual CFO services?

Services may include:

Accounting oversight
Compliance monitoring
Monthly MIS & reporting
Systems and process advisory
Cost control and efficiency improvement
Business decision support
Stakeholder coordination

You can choose a package that covers a few or all of these services.

How can Virtual CFOs help start-ups manage their finances?

Startups often focus heavily on building their product and overlook financial management. A Virtual CFO helps avoid common early mistakes, ensures smart cash flow management, and keeps the business investor-ready—all at a fraction of the cost of a full-time CFO.

Is a Virtual CFO better than an in-house CFO?

For large corporations, an in-house CFO makes sense. But for startups and SMEs, a Virtual CFO delivers the same expertise in financial strategy, compliance, and growth planning—at far lower cost and with more flexibility.

How is a Virtual CFO different from accounting services?

Accounting records and reports past transactions. A Virtual CFO looks forward—analyzing numbers, creating forecasts, guiding fundraising, and shaping financial strategy.

Why should SMEs hire a Virtual CFO in India?

SMEs face challenges like cash flow pressures, compliance issues, and funding needs. A Virtual CFO provides cost-effective expertise to manage these areas, ensuring businesses stay compliant, attract funding, and grow sustainably.

Thousands of business owners trust us to manage their account

Let us take care of your books and make this financial year a good one.