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Editor’s note:
irtual CFO (or vCFO for short) stands for virtual chief financial officer. A virtual CFO is an
outsourced service provider offering high skill assistance in financial requirements of an
Vorganization, just like a chief financial officer does for large organizations. A virtual CFO may be a
single person or an entity.
The mushrooming of the startup ecosystem has generated specialized service providers which fit the
requirement of startups. Virtual CFO is one such specialized service provider. Startups normally do not
have the resources to hire a full-time CFO. Startups like to keep fixed costs low and having outsourced
service provider provides them the flexibility of choosing services as and when required. A Virtual CFO
provides strategic, value add services to a startup which cannot be provided by an accountant. In the
