Image Credit: Kelly Sikkema from Unsplash.
Every company needs to look after its finances. Normally, a chief financial officer (CFO) is the person that looks after this, and they’re usually the best-equipped option to do this. But, not all businesses can afford the costs that come with hiring a full-time financial professional.
That’s where virtual CFO and accounting services can help, with there being plenty of options to pick from. A Business Manager is one such option. It boasts being one of the leading agencies offering these services, which can be a relatively large claim.
Before deciding on them, however, you’ll need to know what’s what. Does the company actually live up to its hype, or is it just another run-of-the-mill option? Let’s dive in with an A Business Manager review to see how they measure up.
What are Virtual CFO and Accounting Services?
Before getting into the A Business Manager review, it’s worth looking at what virtual CFO and accounting services actually are. There can often be a bit of confusion surrounding them.
A virtual CFO, sometimes called a fractional CFO or remote CFO, acts like a chief financial officer for a business, but on a part-time or outsourced basis. They go beyond basic accounting and bookkeeping. Virtual CFOs deliver strategic financial management, forecasting, KPI tracking, scenario modelling, and more.
The appeal of virtual CFO and accounting services is that many small and medium-sized businesses can’t justify the costs associated with hiring a full-time CFO. But, they’ll still need the expertise that these types of professionals provide.
A virtual CFO and accounting service gives them this expertise at a more affordable price, while also giving them more flexibility. As a business owner, you can expect a practically full-time approach while paying a fraction of the cost.
Who is A Business Manager?
A Business Manager is a virtual CFO and accounting services firm that positions itself as a partner for companies of various sizes. It primarily works with multi-entity and service-based businesses, helping with day-to-day financial operations and strategic guidance.
The company bills itself as a growth partner for businesses that want operational finance heavy-hitting plus strategic financial leadership in an outsourced model. It offers more than a few core services, including:
- Virtual CFO/Strategic Financial Leadership
- Accounting and Bookkeeping
- Advanced Financial Reporting
- Tax and Regulatory Compliance
Each of these services are tailored to each clients’ needs, helping make sure they’re as effective as possible for each client. But, does the company leave up to what it says it does?
Before hiring a virtual CFO and accounting service, it’s worth knowing as much as possible. Looking into A Business Manager review or two could help make up your mind for you. Let’s take a deep look at what the company offers and how it measures up to expectations.
A Business Manager Review: How Does it Stack Up?
Pros:
- Comprehensive service scope covers everything a client needs.
- The experienced team has worked with clients for 10+ years, including enterprise-level clients.
- Takes a strategic approach to understanding results and helping clients.
- Has a much more flexible and strategic approach than many of its competitors.
- They can adapt to your tech stack, so there shouldn’t be any issues with onboarding or integrations.
Cons:
- Might be too expensive for smaller companies to use.
- Could have market fit issues depending on where in the world you’re based.
Quality of Services
The quality of the services you get from any vendor should always be a priority. This is especially true for financial services, where even the smallest mistake poses major issues. Thankfully, this is an area A Business Manager stands out.
It’s obvious from the get-go that the team knows what they’re doing and has worked with clients of all levels in the past. The services are personalized for each client, so there’s no reason why anyone shouldn’t expect some form of tailored service.
Reports and insights are comprehensive and detailed, and data is explained in a way that shouldn’t be hard to understand.
Customer Service
Customer service is always a priority. Nobody wants to feel like they’re being passed off or ignored. A Business Manager knows this, which is why they have a dedicated team for their clients to rely on. There’ll be no need to wait around for someone to get back to you.
With how important it is to get reliable, accurate, and up-to-date information about your company’s financials, this is a great benefit. The teams seem to be available when clients need it, and their response times aren’t too long; at least, they seem to be better than competitors with this.
A lot of this depends on whether you want a more hands-off or hands-on approach, but A Business Manager tailors its approach to your preferences.
Value
Cost can often be a major factor when investing in a CFO and accounting service. While A Business Manager’s price tag might seem relatively high, this doesn’t seem to be the case when you consider the value that comes with it.
The reliability, quality, and similar areas associated with what the company offers makes it more than worth it. While a lot of this comes down to your specific needs, they can still be a cost-effective option for multi-entity and enterprise-level clients.
For smaller companies, however, this cost might be too high, especially if you’re looking for a relatively light touch. You might be better off with a more budget-friendly option that offers fewer services.
Summing it Up: Is A Business Manager Worth It?
Virtual CFO and accounting services can offer more than a few benefits. But, your company only sees this when you work with the right provider for your needs. A Business Manager claims to be one of the leading options to go for, which begs the question as to whether they live up to it.
Based on what’s on offer, it seems like it is. The company offers great customer service, high-quality CFO and accounting services, and a lot of value for money. There’s no reason why they’re not worth considering.
