A 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. As many of the start-up, small-medium business firm in their situation do not have a capacity of hiring a full time cfo so they prefer their services from the virtual cfo, who provides them the same services of finance from outside the organisation as a part time cfo. This make the start- ups to get the services at the affordable price. The prime role of a Chief Financial Officer in any organization is to oversee the financial planning, maintain and report on the financial activities and manage all the financial risk of the business. A virtual CFO provides the same services but since the regular clients of a Virtual CFO are small-medium businesses and start-ups, there are certain more services that are expected of them. Virtual CFO is expected to be the bookkeeper of the client and has to take concern for the accuracy and efficiency of the account books and understand the financial information from the accounting data to the client. They are also responsible for suggesting measures to control expenditure and acquire capital at low cost. These virtual CFO work as a part time and had worked with different companies on various projects, so they have served to variety of clients which make them experience and they can work indifferent situations. Appointing a virtual CFO can take the stress of finding a CFO and having to concern about the finances off of you, offering you to deal with all the financial and else work that comes with starting a new business. The virtual CFO ultimately saves your lot of money, Virtual CFO save costs as you can use them only when you have a need to use them. As flexibly as you need, rather than having a full time CFO all the time at the office who will demand a large amount of money, and even if you there is no work at the particular time then also you have to pay the salary of the full time CFO. But at the case of Virtual CFO you don’t need to pay them extra.