Cash is to business what oxygen is to the human body. No department of an organization can run without funds, and if you want your business to be successful, you gotta be an expert at cash-flow management. Turning a blind eye to cash flow management will only lead to losses your business eventually pays the…
read moreA CFO has to juggle multiple responsibilities to keep the organization competitive and in sound financial health at all times. If you have a finance background and often wonder what a CFO does, this blog is for you. More often than not, we end up oversimplifying the responsibilities shouldered by a CFO, and hence in…
read moreVirtual CFO services, also known as outsourced or
read moreIntroduction As we know, in 2023, with the post-pandemic recovery, there’s a subtle need for a sustainability agenda in business plans. Many startups and SMEs are now focusing on sustainability-driven strategies to stay in the game for the long run. These strategies can’t forecast without looking over the new possible trends startups and SMEs can…
read moreKeeping a close eye on your company’s finances is important, and as an entrepreneur, you know the importance of having a CFO. Hiring a full-time CFO is quite expensive, and that’s where you can go for a fractional CFO. If you are wondering what’s a fractional CFO and the benefits of hiring one, this post…
read moreFinancial forecasting is indispensable to the success of any business to chart the right course for optimum financial efficiency and profitability. Bidding adieu to guesswork is your best bet if you wish to have a rational blueprint at your disposal. An old saying goes that the purpose of forward forecasting is not predicting the future…
read moreAs a business owner, you know that managing the financial aspects of your company is crucial to its success. However, keeping up with the constantly changing financial landscape and making informed financial decisions can be challenging. It is where a CFO-providing company, also known as a virtual or
read moreOverview As we are at the end of 2022, it's essential for businesses and accounting professionals to stay updated on the latest accounting trends and developments in the industry. The top accounting and bookkeeping trends for 2023 include the use of artificial intelligence and machine learning, the adoption of
read moreAs we know, determining the business's financial health is considered as crucial as running the business itself — it indicates the outcome of the business's policies and operations in monetary terms. Financial health is usually taken into consideration because of two factors. One is to evaluate the business's sustainability and take corrective action if an…
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