Finance Function Transformation
Businesses Grow When the Finance Learns to Think Beyond the Ledger
Businesses today struggle because finance functions were built to record the past. Cash positions are ‘roughly’ known, and decisions are made with partial confidence. Compliance is met, but only just. This is the gap that the finance transformation services are meant to address. At Ekatva, our work in finance transformation consulting begins with honesty that finance is meant to be a system that helps a business allocate capital responsibly and grow without losing control.
The Delights We Deliver
Virtual / Fractional CFO Services
Some organisations need the expertise of a CFO without bringing someone full-time. Our virtual and fractional CFO services bring financial leadership into everyday decision-making, like planning, budgeting, and cash budgeting, without the rigidity of permanent structures.
Treasury & Working Capital Services
Healthy cash flows keep the business moving at the right pace and are predictable. We help you manage working capital to keep liquidity visible and maintain a smooth flow of funds. Your resources remain active, organised and easy to track rather than being a source of anxiety.
IND/AS IFRS Advisory & Conversion
Adopting new accounting standards can feel complex. But the right guidance makes it simple. We help you understand and align with policy changes, update your systems and prepare clear financial statements that align with IND-AS and IFRS standards.
Financial Modelling & Feasibility Studies
Before you commit to a new business or project, it’s helpful to gain a clear picture of its potential and financial outlook. Ekatva creates easy-flowing models, thoughtful forecasts, valuations, and analyses to evaluate the long-term profitability of your business proposal.
Performance Improvement & Controls Strengthening
Strong financial operations depend on an organised process and reliable controls. We help you refine workflows, strengthen internal audits, and build a stronger finance foundation that supports smooth work across the organisation.
Methodology We Follow for Our Finance Transformation Consulting
Observation
An engagement begins with a diagnostic review, forming the foundation of our finance transformation consulting approach. This includes an assessment of financial reporting practices, cash flow behaviour, internal controls, and decision-making pathways.
We observe how budgets are prepared and revised. We engage with management teams to understand commercial priorities, exposures, and constraints.
Financial Diagnosis
Once the baseline is established, we identify gaps across processes, skill sets, technology and data governance against the desired state of the finance function. This includes reviewing accounting policies, compliance with IND-AS or IFRS requirements, treasury practices, working capital cycles, and the adequacy of internal controls.
Particular attention is paid to areas where professional judgement is required. Revenue recognition, provisioning, valuation methodologies, and capital structuring are examined.
Design of Financial Architecture
Based on the diagnosis, we design sound and practical financial structures. This may include CFO models, revising accounting policies, establishing control matrices, or introducing performance measurement frames in line with the business objectives.
Implementation
We support management teams in taking this design into practice as part of our finance transformation consulting. This includes assisting with system changes, documentation of policies and procedures, alignment of teams, and introduction of revised controls. Throughout this phase, we take care of the continuity of operations and compliance obligations to be maintained without interruption.
Validation
Once implemented, we conduct post-implementation reviews to validate outcomes against objectives. Refinements are made wherever necessary for the finance function to remain responsive to business evolution, regulatory changes and expectations.
Transform Your Finance Function Today
Integrate Your Business with Modern Transformation Methods and Get Smarter Solutions
The Tangible Outcomes:
Finance Transformation Consulting
When our services prove their worth, results speak long before we do.
Liquidity Control
With a disciplined treasury and working capital frameworks, the organisations achieve improved visibility over inflows, outflows, and liquidity gaps.
Optimised Treasury
Improved cash flow, liquidity management and working capital management allow profitable utilisation of idle funds and reduce the risk of fund shortage.
Increased Efficiency
With structured cash flow management and improved working capital cycles, the organisation develops stronger financial discipline and smoother operational performance.
Smooth Financial Reporting
Transparent and comparable reporting aligned with international accounting norms strengthens accountability and regulatory compliance.
Enhanced Decision Making
Through financial modelling, feasibility studies and performance analysis, the stakeholders get timely insights that support informed decisions for business expansion or new ventures.
Ekatva’s Tatva
Services | Offering | Value |
|---|---|---|
Virtual / Fractional CFO Services | Part-time or virtual CFO guidance, planning, budgeting and forecasting. | Access to expert guidance without full-time cost, flexible, scalable support, and strengthened financial direction and governance. |
Treasury & Working Capital Services | End-to-end cash & payments oversight, bank coordination, investment & cashflow management. | Steady cash, reduced gaps, higher returns on surplus funds and a resilient treasury ecosystem. |
IND/AS IFRS Advisory & Conversion | Full support with Conversion & accounting policies development, system design and impact assessment. | Enhanced Global credibility, access to international investors, and simplified cross-border transactions. |
Financial Modelling & Feasibility Studies | Investor-ready models, valuation, costs and revenue prediction, market analysis, and comprehensive legal viability and financial analysis | Better funding readiness, sharper investment decisions, improved budget accuracy, and stronger confidence from lenders and investors. |
Performance Improvement & Controls Strengthening | Redesigned finance process, implementation of cloud-technologies solutions and AI-enabled automation, enhance data security and controls. | Higher operational reliability, fewer errors, and a modernised finance function that supports continuous business performance. |
Grow your Business with Smart Finance
Experience Finance Transformation Consulting at Ekatva
Impact & Advantage of Our
Finance Transformation Consulting
Our Cross-departmental integration improves forecasting, resource allocation and collaboration, allowing finance to act as a connector across functions.
Automated workflow, financial models, and cross-border accounting advisory turn data into reports that leadership can use.
Real-time dashboard and expert guidance provide visibility into cash movements, market shifts, and performance trends.
During growth, restructuring, or mergers, our finance transformation consulting takes care of the continuity through personalised financial and disciplined frameworks.
Rather than quick fixes, finance transformation consulting turns core processes to strengthen risk management and reinforce internal controls.
From the Banyan Diaries
I am Banyan. There is an old saying about me that “nothing grows under a banyan tree”, but if you look with a different perspective, things can still thrive around me. Anything that grows well is because of the base, and if one wants its business to grow, feed the data in its soil. My aerial roots grow thin, much like your early steps of finance transformation. But as they find support, they grow into a trunk, creating branches of stability and expansion. So, remember to nurture and grow with patience and let each branch shape in.
Behind the Role
CA Amish Khandhar
Amish brings years of expertise in GST, Service Tax, and strategic advisory, along with a reputation as one of India’s Top 10 Eminent GST Consultants. As a founding member of Ekatva, he is a trusted voice for India’s startup and fintech ecosystem. Amish also contributes to national policy discussion through leadership roles at GCCI, ASSOCHAM, and ICAI.
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FAQs - Finance Function Transformation
Yes. Under Indian tax law, qualified professionals such as Chartered Accountants, advocates and registered tax practitioners are fully authorised to represent taxpayers before the Income Tax Department, GST authorities, and appellate bodies.
Tax professionals at Ekatva provide a full spectrum of services covering income tax return (ITR) filing, GST registration and return filling, tax planning, transfer pricing, cross-border taxation, and maintaining financial and statutory records.
Tax notices should be handled promptly and methodically. Ekatva manages this process end-to-end. The team reviews the notice, identifies the underlying issue, compiles supporting documentation, drafts a factual response backed by law, and submits it within the prescribed timeline.
Tax notices can generally be avoided by ensuring accurate reporting, timely filing and proper reconciliation of all financial data. Filing on time and keeping documentation ready also reduces the chances of system-triggered notices.