Services of CFO

With the expertise of our CAs and their mastery of different accounting tools, we can provide you with an excellent right hand that caters your all business and financing needs.

COMMONCFO, CFO are ready to help you to setup your business strategies, effective tax planning, managing risks, monitoring operations, facilitating business acquisitions and mergers, debt restructuring with efficient business recommendations. In addition to the tasks mentioned above, here are some of the services that you can expect from our CFO:

• Setting up business plans and strategies
• Creating a balance between meeting your regulatory requirements and driving growth to your company
• Monitoring business based on real time data and trends having most appropriate and cost effective technology
• Managing the Corperate risk profile by identifying and addressing Key Risk Areas
• Facilitation on acquisitions and mergers by understanding the value creation chain
• Setting up most effective cooperate tax plan with the change in tax laws
• Recommending and fine tuning debt structures based on the adjusted economic & political conditions to minimize the cost of capital
• Appraisal of new and existing investments in order to maximize return
• Ensuring proper internal control system is in place in order to detect and prevent errors and frauds
• Weighing of the contacts and agreements entered into, in terms of legal and financial environment
• Facilitate in capital restructuring for new and existing firms

Services of Management Accountant/Financial Controller

With the expertise of our CAs and their mastery of different accounting tools, we can provide you with an excellent right hand that caters your management accounting needs.

COMMONCFO Management Accountants are ready to help you gather data for internal review, budgeting, forecasting, and efficient business recommendations. On top of these, our MA/FC is also capable of overseeing the company’s payroll, credit control and bookkeeping system.

In addition to the tasks mentioned above, here are some of the services that you can expect from our management accountants:

• Prepare regular financial statements and accounts, such as profit and loss accounts
• Monitor spending, costs and budgets
• Analyze the company’s financial performance
• Forecasting and planning future spending and profits
• Recommending ways to reduce costs and increase profits
• Making business decisions with other managers
• Carrying out internal audits of various departments
• Providing external auditors with company reports and financial data
• Managing a team of accounting technicians and finance clerks
• Overseeing the company's payroll, credit control and bookkeeping systems

Digital Transformation & Process Simulation

With the expertise of our CAs and collaborations with renowned ERP agents, we can provide you with an excellent platforms (Quickbooks Online, Xero, Sage, Odoo and SAP) for managing your business processes. We recommend you the best available ERP solution with minimum operating cost that caters your management/process needs.

COMMONCFO, Process Simulation offers innovative solutions for modelling, visualization and optimization of complex systems and processes with world’s best simulation software such as Siemens/Talumis, combined with the knowledge driven and talented organizations.

In addition to the tasks mentioned above, COMMONCFO takes up processing jobs in these platforms to bring your organization to the expected Level:

• Identification of digital capabilities, culture and people engagement
• Analyzing your business needs and recommending the most suitable solution
• Developing Competitive Advantage using digital technologies and engaging customers/suppliers
• Successful implementation and parallel run to ensure smooth operation
• Simulation provides a virtual environment to learn an experiment on your process
• Creation of beautiful- detailed 3D visualizations or play back in 3D video that deliver results
• Finally developing a long term Digital Business Strategy combining all of the above

Services of Finance Analyst

Get in-depth information on your finances, stability, business position and company performance! COMMONCFO’ financial analysts provide your CFO these information to help your CFO and the management to make data-driven and better business decisions. COMMONCFO’ financial analysts can provide your CFO with the recommendations based on the data drawn up from your accounting and finance, together with years of experience in doing so. Below is an overview of the things that our financial analysts can do for you:

• Prepare, review and distribute monthly financial reports to management and cost/profit centers
• Track expenses and revenues vs. budget and reforecast and analyze fluctuations
• Prepare monthly consolidation and executive financial package
• Coordinate financials questions/answers among stores and the Treasury and Accounting & Control departments
• Prepare annual financial information binder to be provided to the external auditors
• Prepare quarterly operating reports
• Create and update Report writer and Crystal reports
• Assist in the budget & reforecast process
• Maintain budget and reforecast information in the accounting system
• Evaluate profit and cost efficiencies in various areas of the organization as needed
• Develop, maintain and distribute as-hoc reports and financial models as needed

Outsourcing Services

If you still want to outsource partially or fully, any of your business functions to us, COMMONCFO has a setup to facilitate you providing basic data entry jobs to even complex data processing tasks. Our setup will facilitate you to have online real time data entry jobs and off line data entry jobs. Following are some of our core products/services.

• Maintaining accurate and updated records of all of your company’s/Client’s financial activity in any accounting system provided by you
• Preparation of Value Added Tax Returns (VAT)/ BAS on monthly/quarterly basis and Income tax on annually
• Periodic review of financial performance which provides valuable insight into your company’s financial health and help you to make sound decisions for the future
• Preparing business models in obtaining additional banking facilities or loans
• Review of business processes and Controls to identify gaps and improvement opportunities

Back office operation involves Finance, Marketing and HR back office work which facilitates our clients to reduce your support costs and increase efficiencies and effectiveness.

Data conversion involves translating data from one format to another. It can range from simple data entry to a complex process with extraction rules and elaborate manual procedures.

We offer high-quality, cost-effective solutions for your time-critical and cost-sensitive data entry and data conversion projects. We guarantee 100 percent accuracy, fast ramp up and attractive pricing. We use the latest technologies and adhere to the highest quality control standards.