For most startups, the focus is on growth. Unfortunately, many entrepreneurs are not well-versed in accounting methods and early financial decisions can greatly impact the long-term success of a business. When starting a business, it is crucial to establish strong, sustainable financial practices from the beginning. Leaving these decisions for later can cause significant challenges....
If you find yourself without a CFO, there is a decision to be made. Your current CFO could be on a leave of absence, out on maternity leave, or away for some time, leaving you without a finance and accounting team lead. Many organizations wonder if it is best to hire an interim CFO to....
When a vital role in your finance department becomes vacant, it can seem impossible to fill the position. While you are trying to find the right person for the job, the existing workload continues for your accounting team. Without a clear leader, it is easy for the team to become overwhelmed, overworked, and inefficient. An....
Accounts payable automation provides considerable benefits for companies of all sizes. From saving time when it comes to invoice processing to reducing errors and saving money throughout the process, accounts payable automation is easy to implement and immediately effective. Businesses can even take advantage of savings offered for early payments as well as volume rebates.....
The coronavirus pandemic has impacted far more than just our health. While concerns over public health and stopping the spread of the virus continue, companies are facing additional challenges when it comes to their operations and financial reporting. From stopping or modifying operations quickly to adjusting to new logistic requirements or lessened customer demand, the....