CFO OUTSOURCING

CFO OUTSOURCING

What is an Outsourced CFO?

An Outsourced CFO is a highly-experienced expert who is hired from outside of your organization to fulfill any and all tasks of an ordinary CFO over any desired period of time.

An outsourced CFO works for your organization, but is employed by us. This means that you are not responsible for social security contributions, nor liable when an employee suddenly leaves or falls ill – we cover that. You simply pay for the time spent on the services you require.

An Outsourced CFO allows you to hire highly-qualified, highly-experienced experts in their filed. An expert CFO will complete tasks quicker and with fewer mistakes, saving your organization time and money in the long run. Our specialists have no fewer than 12 years’ experience, giving your organization access to the very best while keeping costs to a minimum.

Explore our permanent and temporary solutions of an Outsourced CFO

FREE TAX CONSULTATION

if you order CFO services before the end of June 2023
Promocode: CFOHELP23

PRICE

Outsourcing is often cheaper than the internal equivalent. For many companies, outsourcing is the easiest and cheapest way to get access to a CFO with over a decade of experience in their field of work.

SCALE

Outsourcing is easily scalable. The relationship with your outsourced service provider can change, which means you can adapt in terms of cost, time and infrastructure.

CONSISTENCY

Employees can get sick, take maternity leave, or retire at short notice, sometimes without a proper handover. In the event of dismissal, there were cases of sabotage. We have internal systems to ensure the availability and security of all necessary data, and if necessary, you can easily reassign work.

RISKS

Employees often do not bear personal and material responsibility for their mistakes, so the employer must take the full responsibility for himself. High quality outsourcing companies rely on professional liability insurance and can take the financial consequences for any mistakes themselves.

SPECIALIZATION

Firms tend to have specialists in areas such as payroll, which cannot be justified as a full-time internal service role. In the absence of specialization, the risks of errors and waste of time for research increase. Sometimes rare problems arise that require specialized knowledge and experience to solve them.

SUPERVISION

Smaller companies may face lack of the expertise to effectively oversee their employees, resulting in pay problems or poor task management. The outsourcing firm manages time and resources efficiently, mastering all the typical tasks required for day-to-day business operations, freeing you from time-consuming control.

HIRING

Hiring the right employees can be difficult without specific knowledge in this area. Using professional recruiting services is expensive, typically 20% of the annual salary. A specialized firm knows how to optimize hiring to find talent. We check hundreds of resumes and conduct numerous interviews even for one role.

SMOOTH TRANSITION

To ensure successful relationships, businesses can tailor outsourcing to their needs, such as the need for a chief accountant, payroll function, or non-payroll accounting. This ensures a smooth transition between existing processes and outsourcing, which can grow depending on its success.

EASY TO TERMINATE

A contract with an outsourcing firm can usually be easily terminated within 30 days. The firm will still be obliged to provide optimal service to the end. In contrast, firing an internal accountant can cost up to three months’ salary and can be difficult due to legislation protecting certain employees.

ANNA SHEREMETYEVA

CEO

Anna Sheremetyeva, CEO, is a tax expert certified by the Chamber of Tax Consultants of the Russian Federation. For 12 years, she has been working as a chief accountant and controller for foreign subsidiaries in Russia (both in-house and outsourcing).

Our processes are certified as meeting international standards in Information Security (ISO/IEC 27001:2013) and Quality Management (ISO 9001:2015).
We bear full material responsibility for our work and hold a policy with one of Russia’s leading insurance companies.
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We believe that a personalized approach is the best way to build durable relationships, so we have hand-picked our trusted partners to offer you best-in-class services, no matter where you need them.

Our partners in China (including Hong Kong), Croatia, Finland, Germany, India, Italy, Turkey and UAE will assist you locally on all business, administrative, (legal) and visa topics. We work in close collaboration with our partners, and we guarantee that you will be accompanied all the way through, to make your projects come true.

Get in touch with us and take advantage of Wagner & Expert’s network for your international business.

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