Virtual CFO: Supporting SMEs financial needs through a one-stop application

A financial advisor for your clients

Virtual CFO is an online application that serves as a digital financial advisor, supporting your clients’ businesses.

An aggregated view of current cash flows, recurring payments and outstanding liabilities are the main pillars that determine a businesses’ financial position.

Our fully PSD2 compliant White Label solution supports SMEs with all financial needs, like connecting all relevant financial data, financial well-being, ensuring sufficient funds for business operations and payments processes.

By offering Virtual CFO as an easy-to-integrate digital financial product to your clients, you easily increase your user touchpoints.

How does it work?

By aggregating all accounts through which money is coming in and out, Virtual CFO provides your clients an easy to understand overview of the financial situation, including smart notifications and cash forecasting.

Besides keeping track, Virtual CFO analyzes transactions and automates payments.

The collection and aggregation of all relevant financial data through APIs guarantees an informative overview of all the relevant financial company figures.

The provided account information service (AIS) by finleap connect is fully PSD2 compliant.

The aggregated information result in a customizable frontend that you can provide to your clients, showing easy-to-understand metrics and information about their businesses’ performance.

Based on learned user behaviours, the Virtual CFO provides a newsfeed like user experience and also supports liquidity management tasks through proactive notifications and cash forecasting.

Connecting all relevant financial data

We believe…every business should have a holistic view of its finances. Financial data is highly interconnected and therefore should not be handled in silos.

The problem…whilst we show bank account data, the picture is incomplete. In order to complete it, companies use a variety of different tools.

Our solution…integrates data with other services that businesses use. We can pull all data into Virtual CFO and build a complete picture for the business owner.

Financial well-being

We believe…many business owners feel uncertain about the performance of their business and are looking for assurance and guidance to achieve financial well-being.

The problem…business owners are experts in their field but not necessarily in finance. Business owners therefore rely on external experts such as tax or management consultants for professional advice.

Our solution…provides business owners with easy-to-understand metrics and information about the financial performance of their business. We pull data from different financial data sources to inform the business owner.

Ensuring sufficient funds for business operations

We believe…liquidity is the most important resource for a company and most bankruptcies are due to insufficient funds.

The problem…business owners have difficulties planning their liquidity or struggle to keep the original plan up-to-date.

Our solution…provides businesses with an easy-to-use tool to plan liquidity for their business. By using transaction data we can recognize and automate the main building blocks for a business.

Getting paid & paying

We believe…getting paid and paying in time is one of the most critical business processes – the essence of each business transaction.

The problem…businesses have multiple channels to get paid by the customer or to pay their suppliers. Organizing and monitoring payments and deadlines is very time-consuming for business owners.

Our solution…provides business owners with a reliable service that keeps track of all due payments and reduces the friction for the business owner when it comes to getting paid or paying.

Key Features

Insights feed

Central application to check all business financials
Conversational approach – feels like talking to your CFO
Time comparison to assess the performance of your business
Action items that require your approval
Smart notifications that require your attention

Account aggregation

Supports accounts from ~2700 banks in the DACH region
Enables one aggregated view over all existing bank accounts

PSD2 compliant AIS

Fully compliant account information service, under PSD2

Transaction categorization

Automated, customizable transaction categorization

Liquidity planning and cash forecasting

Automated balance forecast
Income and expense planning
Out-of-Cash and overdraft forecast

Partner insights panel

Access to product and user analytics
Access to generated insights from Virtual CFO

Interested? Contact us for more information!

We believe in empowering the future of financial technology together with you! Contact us for more information and your non-binding quote.

Your contact person
Christian Hegeler
Head of Sales & Account Management
Phone: +49 40 228212710
E-Mail: inbound-connect@finleap.com