Our Budgeting and Financial Control service is the premier offering of our bookkeeping division.
Our Virtual CFO can handle different financial responsibilities that your business may not have the
expertise for or isn't quite ready to hire a permanent CFO.
A Virtual CFO can assist in cash flow management, creating a structure for your financial department
as well as streamlining systems, paying suppliers, sourcing and implementing cloud-based
accounting systems, and generating management reports that are tailored to the needs of the owners
and other stakeholders.
Other activities a Virtual CFO can be involved in include budgeting for the business, reconciling accounts,
creating financial forecasts, raising capital and identifying market trends.
DB Advisory can fill the gap of a permanent CFO in small to medium businesses and high growth
businesses with limited employees, meaning they can also undertake extra duties such as bookkeeping
and reconciliation. According to McKinsey, the Virtual CFO can generate high-level strategic and
operational value that previously was not considered.
