In addition to financial expertise, SBA CPA’s Virtual CFO service provides assistance with the daily ins and outs of your company's bookkeeping. Whether you need assistance processing payroll, invoicing clients, or paying the bills, we'll help you manage your day-to-day back-office and free up your valuable time to run your business.
Errors are a normal part of being human, but when you don't always have the time, energy, or resources to give your complete attention to bookkeeping and accounting tasks, you'll make more mistakes than you should. In the back-office functions, errors can be costly. They not only have the potential to lead to tax and non-compliance penalties, but they also affect the accuracy of your financial reports, on which most of your business decisions should depend. With SBA CPA’s Virtual CFO service, you can be assured that your daily back-office tasks will be completed with accuracy and efficiency.
Protect Your Business from Fraud
As a small or medium-sized business owner or CEO, you may not have the resources or desire to hire full-time people in your bookkeeping and accounting department to instill proper checks and balances within your policies and procedures. For example, the person responsible for writing checks should not be the same person responsible for balancing bank statements. If you only have a part-time bookkeeper, dual control simply isn't possible.
SBA CPA’s Virtual CFO service provides you the expertise needed to design sound bookkeeping and accounting systems, policies, and procedures for your business to ensure built-in checks and balances. You won't have to worry about potential losses due to operating inefficiently or taking unnecessary internal risks in your back office.
In-house employees get sick, go on vacation, and sometimes quit unexpectedly, leaving their employers and businesses with no one to take care of their basic back-office duties. This can lead to things piling up, late payments, unsent invoices, unbalanced accounts, errors, and payroll delays that all have the potential to seriously hurt your business.
With SBA CPA’s Virtual CFO on your side, you'll never have to worry about additional coverage or training within your bookkeeping and accounting department, and you'll have constant access to back-office assistance.
Whether you hire us to handle all of your back office needs or bring on SBA CPA as a Virtual CFO to help out while an employee's away, your bookkeeping and accounting systems will continue to run smoothly and you'll continue receiving accurate financial reports as expected.