The idea of ‘Virtual CFO’ is quite new in the financial management of businesses. Outsourcing Virtual CFO helps businesses manage internal finances as well as offer strategic guidance. It’s kind of support from part-time CFO that small and medium companies can get remotely. Virtual CFO has made it easier for businesses to manage transparency in their finances that substantially save the cost of business for hiring a full-time in-house CFO.
In Australia, the average salary of full-time in-house CFO is estimated to be $250,000 annually. Businesses can get a similar experience via virtual or outsource CFO that an in-house CFO gives to them.
KGBM aims to provide its clients with part-time qualified and experienced CFO at affordable prices.