ViFi, a new virtual finance office, which combines the ease of a virtual accounting platform with an expert in-house UK team has been launched by chartered accounts Streets today.
The new service combines a cloud-based accounting service, with an expert team of financial experts. It offers scale up businesses everything they need to run their business with additional business advice including financial strategy, advanced financial forecasting and management reporting
The business is three years in the making for founder Ben Steele (pic), who said: “At my existing accountancy practice Streets Steele, we had been working with many SME’s who were looking to grow their business, but did not have the cashflow to recruit a larger finance team.
“We began to see a definite trend amongst those clients, where their business had grown enough to need a greater strategic financial focus, but did not have the cashflow to take on full time experts. We saw a gap in the market and created ViFi, to act as a one-stop-shop for scale up businesses and also companies looking to fully outsource their financial teams.”
“ViFi goes further than traditional cloud-based accounting solutions such as Xero and Sage because VIFI has the Streets team behind the virtual platform.” ViFi offers a range of accountancy and a full financial management service.