Page 12 - 10 Most Promising Virtual CFO Service Providers 2020

Arthtech Consultants
Private Limited
“One of the pioneers of the Virtual/Outsourced CFO Service in India,
ACPL provides financial management, analysis, Consulting and advice
as a single window solution to enable the enterprises to concentrate on
rthtech Consultants Private
ALimited (ACPL), which
was incorporated in 1990, is
a business founded by Mr.
Shekhar R Agharkar, a Chartered
Accountant with over 35
years of extensive experience
in accounting, finance and
management consulting.
Arthtech is one of the pioneers
to bring the Outsourced/Virtual
CFO the concept of to India in
1998. This solution is termed as
‘IMOS’ and is defined as a basket
of services in the management
arena, to manage non-core yet
equally important functions
of any organization, delivered
by a cross functional team of
experienced professionals with
the required domain knowledge,
as a single window solutions,
both onsite and offsite, to cater to
all industry segments.
The problem statement
Indian SME’s need the services
of a CFO. However, they
cannot afford a full-time CFO.
Outsourced /Virtual CFO, both
onsite and offsite, to cater to all
industry segments is the solution.
Foreign companies establishing
10
their core competence”
Shekhar Agharkar
Founder
their Indian operations are also in
need of the Outsourced CFO to
manage their financial operations.
Proper financial management,
production, technology, sales are
the key factors contributing to the
success of any enterprise big or
small. Majority of the Enterprise
owners are technocrats with little
or no financial management skills.
While the large and medium
enterprise owners can hire the
professionals to do the job, SME’s
cannot afford to have a fulltime
CFO. Not for Profit Organizations
(NPO or NGO) also need the
Outsourced CFO services due to
their inability to hire the necessary
Most
Promising
Virtual
CFO
Service
Providers
2020
skilled resources.
The Solution -ACPL Outsourced
CFO Services
The Arthtech Outsourced CFO
services are available on the tap
and can be availed immediately
thus relieving the SME/Start
up from the cumbersome
recruitment process of hiring the
right resources and if lucky to get
them. All the experimentation is
avoided.
The entire financial management
of the enterprise is undertaken to
enable the owner to concentrate
on their core competence.
Very qualitative and cost
effective as compared to the
existing in- house solution for the
finance and accounting function.
It is a case of quality advice and
support v/s the complete void/
absence of the same. Informed
decision making is the key for
better and efficient management
and the CFO will enable the
accounting systems to generate
the essential information.
Saving in management costs
of interest through efficient
financial management. Saving