Big Opportunity for Startups and MSMEs seeking to Achieve Business Growth
Virtual CFO Strategies For All Your Business & Finance Needs To Unlock Success
(Driving business through strategic financial management, profit & cash flow visibility to achieve sustainable business growth)
Why Book a free 1:1 session
⇨ Are you worried about facing tax demands & revenue leakages?
⇨ Your team does not have updated knowledge on tax & finance?
⇨ You don’t have access to efficient tax planning tools?
⇨ Do you lack visibility of profit & cash flow?
⇨ Are you stuck in managing the accounts & tax team rather than focusing on business growth?
⇨ Do you feel lost with no professional handholding & mentorship?
⇨ Do you lack access to updated resources & Team training?
⇨ Do you seek One-stop solution for all your tax, compliance, finance & accounts needs?
⇨ Are you tired of chasing multiple professionals?
⇨ Do you feel lost and get scarce family time due to impending work load?
If you relate with any of the above issues, then this call is for you.
Join Over 200+ Startups & MSMEs
We’ve Helped establish effective financial controls for their business to boost profitability & growing their business
Our Impact
Transaction Value
7 Billion+
Tax & Compliance
3 Billion+
Effect on Bottomline
5-25%
Annual Revenue Handled
20 Billion+
Case Studies
Got GST refund of INR 9.38 crores in just 6 months
Manufacturing entity for Indian Railways
The company did not had a clue that they were eligible for a GST refund of INR 9.38 crores. Sheer ignorance of the tax laws & Unprofessional advise.
We planned & represented the refund applications which got them the amount.
This refund amount served as a cushion for the company to recover from the losses & use it in business growth.
Since then we are the sole tax & finance advisors to the company.
Saved Custom Duties & taxes of more than INR 1.24 crores
Large Auto part manufacturer & exporters
They are manufacturers of Auto parts & Plastic Injection Moulding.
We helped them save custom duties & taxes of more than INR 1.24 crores in just 15 months by availing the benefits such as EPCG & Advance Authorisation Schemes.
This enabled them to quote competitive prices and beat China suppliers. They secured a contract of INR 11.5 crores from a USA company with future business in the pipeline.
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Saved Income Tax of INR 3.05 crores for Group Companies in just 3 years
Annapurna Group of Companies
The group had 4 companies & 1 LLP in the business of Food processing, pharma & agriculture.
We helped them save Income Tax of INR 3.05 crore in 3 years.
How?
We got them the benefit of tax deduction under Section 80IAC of the Income Tax law.
Fun Fact: Only 3000 companies & LLPs in India are eligible to avail such benefit.
This Tax saving resulted in fueling the growth of the group.
Completed GST Audit for 5 years in just 13 days for a Company with Turnover above 100 crores
Manufacturer of Tools & Plastic parts
GST departmental audit was a nightmare for the client. The plethora of documents required by the officers made it impossible to run normal business operations.
We prepared & represented the case, spent sleepless nights and got the audit completed within a record time of 13 days.
Above all, tax demand was just INR 47,366 combined for all the 5 years.
We also got appreciation from the Joint Commissioner for smooth closure of the queries & readily available replies.
As a Virtual CFO, we saved INR 13.60 lacs for a Cyber security startup
N**** Identity (P) Limited
The company had been exporting Cyber security services & Software development to clients in USA, Australia & Malaysia.
As their Virtual CFO, we helped them get setup their business structure, new-age banking channels, foreign currency realisations, payroll, reporting system, etc.
They initially paid a currency conversion fee at 1.3% to the bank which we got reduced to 0.20% resulting in savings of more than INR 5 lacs.
We structured their payroll which helped them save upwards of INR 1.85 lacs.
Structured taxes of the company that enabled them a year on year saving of INR 2.6 lacs.
Applied for 100% tax deduction benefit. This will alone save more than INR 65 lacs in just 3 years.
Restructured processes & controls for a large Automobile dealership resulting in saving of more than INR 48.42 lacs in just 23 days
K** Automobiles (P) Limited
The company had major revenue leakages due to quantum of work, no formal SOP & no control over the internal process, manual driven tasks.
We formalised the crucial processes, switched to tech platforms to eradicate cash transactions, started physical verification of assets, manpower audits, SOP implementation, etc.
These steps helped us save INR 48.42 lacs for the company in just 23 days. It would be amazing to see yearly saving.
IT Services Company Digital Transformation
TechSphere Solutions Pvt. Ltd.
The company faced financial chaos due to rapid 60% growth, with cash flow gaps, unprofitable clients, high compliance costs, slow reporting, and high bench costs.
In April 2023, they partnered with us, we implemented real-time dashboards, cash forecasting, automation, and investor reporting.
Over 12 months, this reduced reporting time from 25 to 5 days, improved cash flow and margins, increased utilization from 68% to 84%, saved ₹22L annually in overdraft costs, and saved ₹36L in taxes.
They also raised ₹35 crore at a higher valuation, achieving over 500% ROI and ₹11.58 crore in annual benefits.
Hear it from Our Clients
"Lack of tracking of cash flows was killing our margins. Thinkific's CFO team guided us with financial management & forecasting that maximized the value and streamlined internal controls"
"We faced challenges ensuring continuity and accurate data tracking. Thinkific cleared our backlog, organized our accounts, and ensured all compliance and reporting needs were met professionally."
"Since onboarding Thinkific's Virtual CFO, I confidently delegate my finance tasks to them, allowing me to focus on growing my business. Their support in accounting, tax, and MIS is invaluable."
"My best experience with Thinkific is the peace of mind they give me—knowing my month-end taxation and compliance are always handled smoothly."
"I'm always happy to give a good reference to anyone who asks about Thinkific. I have worked with them from the time I have been a small business all the way to where we currently have scaled and through the journey they have always been helpful to give us all the insights we need so we can take actionable decisions."
"I wanted a really professional team to manage our accounts and finances. Because of Thinkific I am now tension free because they have helped navigate tax and compliances easily. Their cost too is a bargain."
Why us ?
At Thinkific, we have helped Startups & MSMEs save a lot on taxes that it practically does not cost to consult us.
We give you freedom from the Finance & Tax function so that you can focus on Business growth. Stop Micromanaging tax and finance team.
We equip you with tools & systems so that your tax & finance function runs without you.
Our team has handled clients from INR 25 crores to INR 1200 crores in Annual revenue.
Stop paying unnecessary taxes and plan strategically.
We are a one stop solution for all Finance, Risk advisory, Income Tax, GST, FEMA, Foreign Trade, Customs issues rather than hovering between multiple professionals.
We take limited clients to deliver extraordinary results in record-breaking time.
We are a team of skilled & seasonal professionals solving business issues for more than 37 years. The estimated business growth we have helped achieve, runs in a few hundred crores.
We boost a retention rate of 98.8% for the last 37 years. That means no one wants to leave us. We are sector agnostic and have experience of different industries.
We care for you, we handhold/train you and the team, we stay with you and see that you’re profitable & scaling without any hassle.
Our Process of Work
Step 1. Setup & Foundation
► Account Setup & Detailed Gap Report
‣ Identify any gaps in current accounting practices.
‣ Organize and implement the Chart of Accounts for accurate financial tracking.
► Process Understanding
‣ Deep dive into the client's existing processes to align VCFO support with operational needs.
‣ Establish a customized chart of accounts for organized tracking.
► SOP Drafting & Data Flow Setup
‣ Define how financial data will be collected, managed, and reported.
‣ Develop Standard Operating Procedures to establish a structured workflow.
Step 2. Financial Review & Reporting
► Bookkeeping & Review of Books of Accounts
‣ Maintain records and reconcile accounts for accuracy.
‣ Conduct a thorough review to ensure accuracy and compliance.
► Tax Calculation & Filing
‣ Handle tax calculations and filings to meet regulatory requirements.
► MIS Reporting
‣ Prepare a draft of the Management Information System (MIS) report for review.
► Expense & Tax Planning Advisory
‣ Provide strategic advice for expense management and tax optimization.
Step 3. Strategic Financial Management
► Overdraft (OD) Management
‣ Oversee overdraft accounts to ensure efficient cash flow management.
► Treasury Management
‣ Implement strategies for cash and investment management to optimize liquidity.
► Budgeting & Forecasting
‣ Develop budgets and forecasts to guide financial planning.
Hurry Up !! Limited Slots Available
What to Expect in Your Discovery Call
During the call, we will identify the specific business problems such as budgeting, forecasting, financial analysis, taxation, strategic planning.
Understand your current business model, cash flow challenges, and growth roadblocks
We will clarify the process for onboarding, and discuss the potential scope and timelines for engagement.
No pressure. Just a genuine conversation to see if we’re the right fit.
STILL NOT SURE?
Frequently Asked Questions
Clarifying Your Doubts
Question 1: What does a virtual CFO do?
Some of the standard job descriptions of virtual CFOs are:
✔ Financial MIS management
✔ Forecasting revenue and expenses
✔ Cost management
✔ Working capital management
✔ Risk analysis and management
✔ Taxation management
✔ Liaise with investors
✔ Liaise with lenders and banks
✔ Regulatory compliance management
✔ Strategic financial planning
✔ Advising on adopting tech tools
Question 2: How can a Virtual CFO benefit my business?
✔ They can free up your time.
✔ Strengthen the financial health of your business.
✔ Streamline communication with financial stakeholders.
✔ Guide in making strategic financial decisions.
✔ Identify potential risks and gaps.
Question 3: How is a Virtual CFO different from a traditional CFO?
Virtual CFOs are different from traditional CFOs in the following aspects:
✔ Affordability
✔ Flexibility
✔ Accessibility
✔ Scalability
Question 4: How much does a virtual CFO service cost?
Costs vary depending on the scope of services, business size, and complexity. We offer flexible packages that scale with your needs, making it more accessible than hiring a full-time CFO.