Discover

B-VIRTUAL

where financial management meets versatility.

From essential tasks to advanced CFO services, we tailor our expertise to suit your needs, ensuring your financial strategies are incapable hands.

Welcome to Black Maple’s Virtual Finance Office – the hub where financial empowerment takes center stage. From fundamental tasks like day-to-day accounting to advanced CFO services, we tailor our expertise to your unique needs.

B-VIRTUAL

At the core, our Virtual Finance Office ensures your financial operations run smoothly.

Need assistance with year-end audits? We’ve got you covered. Our experts integrate into your procedures, liaising with auditors, navigating complexities, and ensuring a streamlined process from start to finish.

Imagine having a CFO integrated into your team, providing strategic insights for growth and optimising your financial health. Our CFO services go beyond number crunching; they become your strategic ally, contributing valuable insights that transcend traditional financial management.

VIRTUAL FINANCE OFFICE VS HIRING IN-HOUSE

  • VIRTUAL FINANCE OFFICE

    RESPONSIVENESS

    Quick response, full time availability

    SICKNESS/HOLIDAY COVER– CONTINUITY/CHANGE IN WORKFORCE

    Team can cover each other/team can absorb additional workload in short-term

    ACCOUNTING EXPERTISE

    Full range – Purchase Ledger, Cash Management Accounts, Financial Controller, Finance Director

    TAX AND VAT EXPERTISE

    Fully conversant in compliance and advisory matters

    FLEXIBILITY

    Fully flexible to increase/decrease services used to accommodate growth or in-house investment

    TECHNOLOGY AND EFFICIENCY

    Forefront of digital revolution using Cloud accounting and associated industry add-ons to generate time and work savings

    INDUSTRY STANDARD/BEST PRACTICE

    Learn from range of other clients

    NEED MORE KNOWLEDGE

    Wide range of expertise available in-house

    CONCLUSION

    COST EFFECTIVE AND FLEXIBLE

  • FULL IN-HOUSE TEAM

    RESPONSIVENESS

    Quick response, full time availability

    SICKNESS/HOLIDAY COVER– CONTINUITY/CHANGE IN WORKFORCE

    Team can cover each other/team can absorb additional workload in short-term

    ACCOUNTING EXPERTISE

    Full range – Purchase Ledger, Cash Management Accounts, Financial Controller, Finance Director

    TAX AND VAT EXPERTISE

    Limited and external paid support required

    FLEXIBILITY

    Inflexible as employed workforce

    TECHNOLOGY AND EFFICIENCY

    Limited to knowledge and expertise of individual staff, e.g., Sage only

    INDUSTRY STANDARD/BEST PRACTICE

    Narrow focus on company only

    NEED MORE KNOWLEDGE

    Phone external accountants, pay additional fees?

    CONCLUSION

    EXPENSIVE AND INFLEXIBLE

  • X DAYS/WEEK BOOKKEEPER

    RESPONSIVENESS

    Not available on x days

    SICKNESS/HOLIDAY COVER– CONTINUITY/CHANGE IN WORKFORCE

    Dependent on 1 person

    ACCOUNTING EXPERTISE

    1 person – either missing expertise or “over-qualified” for some work

    TAX AND VAT EXPERTISE

    Limited scope expertise

    FLEXIBILITY

    Limited scope to accommodate growth

    TECHNOLOGY AND EFFICIENCY

    Limited to preference of bookkeeper rather than best solution

    INDUSTRY STANDARD/BEST PRACTICE

    Learn from range of other clients

    NEED MORE KNOWLEDGE

    Find resource, pay additional fees?

    CONCLUSION

    CHEAP AND INADEQUATE