Standard operation procedures (SOPs) document the steps of key processes to help ensure consistent and quality output. Standard operating procedures (SOPs) are written instructions intended to document how to perform a routine activity. The primary reason many companies rely on SOPs is to help ensure consistency and quality in their products.

SOPs are also useful tools to operationalize and communicate important corporate policies, government regulations, and best practices. Many workplace processes require strict adherence to a set of instructions to ensure the intended outcome occurs.

Even the best employees don't have perfect memories, so having a set of written instructions they can refer to when performing the steps of the process ensures everything is done correctly. When new employees are trained, SOPs help keep their training fresh and serve as important reference tools. Copies of SOPs should be available at the actual location where the work is being done. This not only ensures the people that need them can access them, but it also demonstrates the company's efforts to communicate policy and regulation to employees.

There are many challenges facing a growing business and our Virtual CFO service helps you navigate those challenges effectively by providing professional advice, analysis and support to management. Hiring a full-time professional CFO may not be in the budget of a small enterprise. Startups and SMEs are increasingly recognizing the need to have professional CFO services and realize that managing a businesses finance and accounts, compliances, corporate governance, reporting and strategic requirements are important tasks.

Virtual CFO is an outsourced service provider offering high skill assistance in financial requirements of an organization, just like a chief financial officer does for large organizations. Generally, it provides businesses which have a finance and accounts team but do not have a in-house CFO, a Finance Partner in their growth journey.

Small companies may need a controller on a weekly or fortnightly basis. Virtual CFOs also offer one-time help with strategic transactions, financial processes, business plans and budgeting. Clients are invoiced on an hourly or monthly rate depending on the nature of service. Specific services provide include:

• Analyzing the best form of legal entity structure considering various factors like resource requirements, fund raising requirements, tax efficiency, compliance cost, regulatory requirement etc.
• Providing advice on best practices to the client as and when required on matters related to Regulatory compliances including FEMA and International taxation and managing all taxation related activities such as processing and deposit of direct and indirect tax on a timely basis.
• Manage relationship with the investors and provide regular MIS and presentations as required by them (Banks, VC Funds, Seed Fund, PE Funds).
• Building detailed business plan after thorough research on client's company, products/services, industry and competition.
• Designing, formulating and implementing financial processes and controls across all mainline and support functions in conjunction with the client team.
• Creating budgets, predictive forecasts and provide sensitivity analysis for various market scenarios.
• Managing the client's funds to achieve objectives of best return on capital and liquidity on behalf of the client. Forecasting and evaluating the cash flows and working capital requirement of the client and providing MIS on fund utilization.
• Supporting in our clients in all aspects of the IPO process - meeting prospective institutional investors, preparing financials, handling compliances, etc.
• Supporting our clients in executing their M & A strategy by providing guidance on the benefits and risks involved and providing post M & A support for smooth integration between companies.
• Undertaking due diligence on a target company on behalf of the client or providing support and intelligence for due diligence being undertaken on client.

Management Audits function as a service to Management by providing independent, management oriented advice on an organisation's operations and performance and financial services. It aims at the promotion of efficiency, economy and effectiveness of the Management processes, and also the reliability and accuracy of operations.

On account of the changing business dynamics, recent corporate failures and increased stakeholders accountability, Management audit has a vital role to provide the Management with a clear, comprehensive and unbiased analysis of the functional efficiency of the organisation and also to suggest possible areas of improvements.

We strongly believe that Management Audits are value addition exercise and hence these are designed to suit the individual client specific needs. It provides assistance to clients in managing their key business concerns, be it achieving strategic business goals, meeting operational challenges, complying with regulatory norms or managing reporting requirements.

In today's dynamic business environment, for any business organisation, one of the most important challenges is to ensure compliance of various laws and considering the fact that the law has become more complex in recent years as a result of many reforms, amendments and notifications, it is of utmost importance for every organisation to comply with various laws so as to ensure better corporate governance and meet with the requirements of vigilant government authorities.

We at have a dedicated team of Company Secretaries, Chartered Accountants, MBAs and legal professionals, who possess extensive experience in various compliances under various Indian Laws. Our team has extensive experience across industry and service verticals and has competency for handling various compliance review matters.