Office Of CFO

The CFO plays a crucial role in finance, accounting, and decision-making. There is an obligation of hiring a CFO or Interim CFO as all the companies require a person with expertise in finance for overseeing the operational and non-operation financial activities, and take major decisions related to the budgeting and finance for the short and long-term goals of the organization.

Organizations benefit from the Office of CFO in strategy/governance, business plans, fundraising, business decision-making support, partner assurance, deal assistance, business process improvement, and operational support.

The Solution That Delivers Results

Office of CEO is implemented with solutions like F&A Outsourcing, Interim CFO/Controller, and Tech Stack.

Outsourcing the F&A function gives you access to a team of experts who understand and support your business growth, and are well-versed with the updates in compliance policies, and accounting rules and regulations. Using professional expertise, hyper-automation technology solutions, and transformational methodologies, the F&A BPO services bring about the digitalization of finance operations.

Regardless of whether the enterprise is still in its early stages, is experiencing a crisis, or is undergoing significant changes and transitions, an interim CFO/Controller is engaged to ensure a seamless continuation of financial management and decision-making. It is a highly efficient, fast, and flexible working solution that is always personalized and tailored to your specific requirements.

Practus combines people and software to deliver Tech Stack – a “solution in a box” offering that brings efficiencies to the CFO and F&A function for start-ups with less than $10 million revenue. Tech Stack Product benefits VC-funded start-ups and SMEs by providing a qualified and efficient Business Partnering CFO along with a hands-on F&A team at a much lower cost due to the shared resource model adopted by Practus.

Request a Consultation

Practus Takes Ownership

We have delivered the Office of CFO solution to companies of all types of ownership, sizes, and industry verticals. As the company’s Ongoing/Interim CFO, Practus accepts full responsibility for the CFO/ Head of Finance role. The engagement model is provided onsite at the company’s office and is based on a robust engagement structure (Practus Delivery Framework). We take complete ownership of the Finance & Accounts function, which is managed by a Practus Engagement Leader. We also supervise the company’s Finance & Accounts staff and report to the CEO, Promoters, Group CFO (if a multinational), or investors.

Practus implements the Office of CFO solution with F&A Outsourcing, Interim CFO/Controller, and Tech Stack services.

A combination of these deliverables assists organizations to:

  • Develop, maintain, and improve Governance Standards
  • Create 5-year company business plan
  • 1-year Budgets
  • Raising/Restructuring Bank loans
  • MIS Dashboard development
  • Customer and Product Profitability
  • Treasury Management
  • Performance Management systems for employees
  • Vendor/Distributor Due Diligence
  • Liaison with potential acquirers, targets, or collaborators
  • Liaison with foreign partners
  • Deal negotiations with vendors and customers
  • Improvements in existing Business Processes
  • Risk Management
  • Cost reduction and efficiency improvement
  • ERP/BI Tool implementations
  • Routine accounting compliances
  • IFRS assistance
  • Preparation for GST
  • Complex Accounting Reconciliations
  • AR Recovery Solutions
Request a Consultation


CFO Services for a Restaurant Chain

Practus' CFO Solutions assisted the restaurant chain in creating dashboards on operating...

CFO Services for a Medical Implant Distributor

Practus' CFO Solutions assisted the medical implant distributor in bringing fixed allowance...

CFO Services and Profitability Improvement for a Healthcare Provider

Practus' profitability improvement services assisted reduce the hospital's costs by 30%. Client...

CFO Services to Reduced Costs for an Automotive Company

Practus' CFO Solutions assisted the automotive company in providing process-wise cost visibility...

Performance Improvement Services for a Fragrance Company

The performance improvement services provided by Practus assisted the fragrance company in...

Finance and Accounting Outsourcing Project for a Strategy and Policy Advisory Firm

Reduced the F&A cost by 90% in 4 years for a strategy...

CFO Services for a Diagnostic Center

Practus' CFO Solutions assisted the diagnostic center in improving DSO by 3...

Finance Transformation for a Healthcare Company

The finance transformation services provided by Practus assisted the healthcare company in...

Financial Transformation for an EdTech Company

Practus' finance transformation services enabled EdTech to evaluate and implement a suitable...

Financial Transformation for a Pre-school Chain

Practus' Finance Transformation Solutions offered this Pre-school chain better visibility in their...
Reach Out Now
Our approach to consulting is unique. We implement not just advise. See how we help companies just like yours.