Bookkeeping is essential and mandatory for a business. It includes daily operations, data entry, Accounts Receivable, Accounts Payable, General Ledger, bank reconciliation, sales taxes, depreciation, financial reports, tax filings, invoice, payments, etc.
A Chief Financial Officer can help interpret all that information and use it to increase cash flow and profit, optimize costs, lower debt or acquire better debt, and help you understand the market. Overall, help your business align its goals to its needs. The ROI is immediate as you will make more money now and in the future with accurate forecasts and optimizations without affecting operations, quality, and profitability to produce and invest more.
Hire these services virtually, and you are now able not only to reap the natural benefits of both but do so at a fraction of a cost with a service tailored to your specific needs, size, and goals, without the hassle and overhead of a full-time, in-house employee.