Online CFO for your businessby Lester Bahr, CPA on 05/24/16
Or sometimes referred to as an "Outsource CFO" or "Virtual CFO" is a great way for a small business to get an advanced level of financial technical support that they might otherwise not be able to afford since many small businesses simply don't have the financial resources - or the need - for a full time CFO employed on their staff.
But with online cloud based accounting systems such as QuickBooks Online, a CFO can now be ready and available when you need their services. That's because these cloud solutions allows you to share data, making it easy to allow access online. It allows real-time reporting and makes it possible for your online CFO to gain insight into your company's financial condition and help to improve the health of your company and your decision making processes.
Cloud accounting and business management solutions then become accessible anytime, anywhere which means that your online CFO can be just a mouse click away.
Lester R. Bahr, CPA
Cloud Accounting Specialist.