Many startups believe they only require a chief financial officer once they reach a particular size, and some assume that CFOs are exclusively found in large organizations. However, startups often expand considerably quicker if they have someone on board who knows their financial goals and can create appropriate methods. By hiring an experienced CFO, startups…
read moreCash is trash; is it a new concept? No. To understand why cash is losing its power, we need to understand and acknowledge the economic factor and what exactly cash is. As per our system, we categorize any holding of value as an ‘Asset.’ These assets are of different forms as well, such as fixed,…
read moreCloud Accounting is a relatively new concept but a very much accepted product in the business world, especially by the accounting aficionado. In the world, information about any subject is a click away; why should it take more time to obtain information on your own company's book of accounts? The thought of having access to…
read moreIntroduction A startup requires grit and passion, along with business planning and projections. The thought of running a business for a decade seemed a very distant dream for the majority, but the scenario shifted in the past decade. The startup ecosystem has three major factors: Business Planning Financial Projections Valuation There is an upsurge in…
read moreA management information system (MIS) is an information system that is used in an organization for decision-making as well as the coordination, analysis, control, and visualization of information. People, processes, and technology are all involved in the study of management information systems in an organizational context. The ultimate goal of using a management information system…
read moreOutsourcing your finance can help your business grow, but many business owners are unaware of the benefits. Accounting and finance are frequently thought to contribute in traditional ways: Outsourced accounting and fractional CFO services that help a company think strategically and track its strategy back to key performance indicators (KPIs) can be critical in growing your…
read moreMetaverse happens to be the buzzword among marketers. However, now it's also a surging topic for financial c-suite leaders to discuss. With 91% agreeing that leading organizations will push to make the virtual world crucial to their business reality. Again, 70% of CFOs believe it will have a positive impact. To fulfill the need of…
read moreMany entrepreneurs do not like accounting and finance; let's face it. However, there is no getting around the fact that business ultimately revolves around money. Business success is measured in monetary terms. And having a firm understanding of statistics is essential in today's fast-paced, competitive environment. Chief financial officers (CFOs) are crucial for the company's…
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