Your Finance Function’s Secret Weapon?

Modern CFOs aren’t just number-crunchers. They’re strategists, technologists, mentors, and architects of agile, data-driven finance functions.

But with leaner teams, rising costs, board pressure, and a rapidly changing talent market, delivering on all these fronts can feel like a stretch too far.

That’s where Dilip Kherajani comes in.

The former CFO turned founder of Business Avengers isn’t just offering outsourced finance support – he’s helping CFOs fix the foundations of their finance teams, improve data integrity, and scale sustainably. All by drawing on hard-won experience of his own.

From CFO to Founder

Kherajani’s own path to CFO was atypical. Born in India, he lost his father at 12 and stepped up to help run the family’s finance brokerage, tracking promissory notes and chasing debts before he was even a teenager.

After managing to collect just $50,000 of the $500,000 his family was owed, he went on to study commerce, move to Australia, and build a successful career in finance, eventually overseeing Asia-Pacific operations for a global multinational.

All the while, he kept seeing the same challenges.

“Too many SMEs are trying to scale without having a proper finance function in place,” Kherajani says. “Their books are messy. Compliance is messy. They’re growing quickly, but they don’t have the structure to keep up.”

Business Avengers was born out of this gap.

With a name that sounds more Marvel than mid-market, the boutique finance outsourcing firm doesn’t position itself as the hero, but rather the trusted sidekick working quietly behind the scenes. Its mission? To support CFOs in building scalable, data-driven, cost-effective finance functions.

As finance leaders continue to grapple with talent shortages, rising wages, automation anxiety, and mounting expectations from boards, that kind of support has never been more critical.

“Everybody wants to embrace AI, but they don’t know how to do it,” Kherajani says. “And without clean data and the right structure in place, even the best tools can’t help.”

He figured that if Business Avengers could take care of the basics—bookkeeping, data processing, automation—it would free up CFOs to do what they’re meant to do: build models, partner with the business, drive strategy and deliver impact.

Because, as Kherajani puts it, “The CFO role isn’t about bean-counting anymore. It’s about problem-solving and creating value.”

Building Hybrid Teams That Actually Work

One of the biggest barriers for CFOs today is how to structure a team that combines onshore leadership with offshore execution in a smart, seamless way.

“There are so many outsourcing providers out there, the market is flooded,” Kherajani says. “But no one is helping CFOs figure out how to actually build and manage a hybrid team.”

Many SMEs are also quick to discount outsourcing, mistakenly assuming it’s only for big businesses.

“We only work with SMEs,” Kherajani says. “We’re passionate about that market. Most of these businesses are sitting on $5 million to $250 million in revenue, growing fast, and under pressure to scale, but they’ve never had time to think about their finance function. So we come in, clean it up, and give them a solid foundation to grow from.”

With ERP systems becoming ever more sophisticated, that foundation is more necessary than ever.

As Kherajani points out, overreliance on tech has cost many younger professionals the ability to trace transactions—or even explain what’s really driving the numbers.

“Ask someone why cost of goods sold is up 5%, and they’ll just say: ‘That’s what the system says,’” he says. “But have they looked at what was ordered, what was delivered, or whether standard or average costing is being applied? Without that foundational knowledge, the finance function becomes reactive instead of strategic.”

This is why Business Avengers invests heavily in training and testing its team on core principles—from debits and credits to Excel. Because, “If we’re not getting the basics right, the rest doesn’t matter.”

The net result for clients? Fully trained staff, internal upskilling programs, error rates consistently below 2% (compared to the 5–10% industry standard), and average cost savings of more than 50%.

As Kherajani explains, the goal is to help CFOs reduce their month-end close from 10 days to two, free up capital, redeploy resources, and get back to strategy.

“If you’re still taking five to seven days to close and another five to seven to produce your pack, then by the time it’s ready, it’s already redundant,” he says.

Busting Myths and Taking Names

Kherajani is quick to address the misconceptions that still dog conversations about outsourcing.

“People think outsourcing compromises quality, but we’ve proven the opposite,” he says. “People think offshore teams lack experience, but I’ve seen some of our team outperform fully qualified CPAs onshore.”

Business Avengers even offers a 45-day risk-free trial—something Kherajani claims no one else in the industry does. “We say: try it. If it doesn’t work for you, walk away. So far, no one has. Our conversion rate is 100%.”

Although he’s sensitive to concerns about the impact on local jobs, he puts a different spin on it.

“We’re not taking work away—we’re enabling CFOs to reinvest in growth,” he says. “If I can save you $70,000 on data entry, that’s money you can spend hiring a new salesperson, investing in R&D, or otherwise injecting back into the economy. It’s about moving the business forward.”

Empowering CFOs to Focus on What Matters

Perhaps the most unique aspect of Business Avengers is how personal the business is to Kherajani. He’s not just selling efficiency—he’s trying to relieve the same pain points he once felt himself.

“I’ve worked 15-hour days. I’ve missed out on equity. I’ve built plans that never went anywhere because the business wasn’t ready,” he says. “That’s why I care so much. I want CFOs to have the support I wish I’d had.”

It’s also why he insists on staying close to every client account. “I check in every day. Even if it’s just one question: How’s the client? Any issues?”

Because, for Kherajani, success is all about helping SMEs grow—by helping CFOs shine.

“My job is to help CFOs deliver value,” he says. “We’re not here to take credit—we’re the silent performers at the back end giving them the space, tools, and confidence to make a real impact.”

It’s a fitting ethos for a firm called Business Avengers—fighting chaos, restoring order, and helping CFOs lead with clarity.

After all, in a world of growing complexity, every CFO needs a trusted sidekick. And for more and more finance leaders, that’s exactly what Business Avengers has become.

3 Things Every CFO Should Ask:

1. Do I have the right people with the right skills?
   “Give them a real test. Can they explain debits and credits? Can they use Excel properly? If not, that’s a problem.”
2. How cost-effective is my finance team?
   “We helped one client cut costs by over $300,000 without sacrificing quality. That’s money that can go back into growth.”
3. What can I automate or outsource?
   “The era of paying $100K to manually key in invoices is over. Use your internal team for what matters. Partner for the rest.”

Dilip Kherajani and the Business Avengers will be speaking at the 2025 Brisbane CFO Symposium > To register, visit: www.QLDCFOSymposium.com