Many individuals who are new to the corporate world believe that profitability is everything, accepting unfavorable credit terms with customers to maximize their revenue. However, sooner or later, they run out of cash and go bankrupt. The availability of cash is a...
Regardless of the size of the business, managing finances and keeping track of the investments are crucial for business success. Whether you are a startup or an established business, penning down your cash flow activities is just as important as determining your...
Are you wondering what a Fractional CFO is, and if one could help your eCommerce business? Well, look no further! A Fractional CFO is your outsourced eCommerce financial executive, and they know the in’s and out’s of eCommerce accounting, but function on a much higher...
Technology has transformed the financial industry. In the past, business owners had to hire accountants to record and process financial data manually. Now, you can hire outsourced accounting services that automate financial reporting and simplify your finance and...
The challenges of concentrated supply chains and centralized business functions have long revealed the vulnerabilities in many industries. Early indicators showed that a significant percentage of professionals were already experiencing major business disruptions, with...
Keep your small business afloat with these quick and easy tips to avoid bankruptcy Small and large businesses are equally likely to go bankrupt. There are a number of reasons that a business may file for bankruptcy including a poor market, poor spending, a lawsuit, or...
COVID-19 continues to spread faster than a wildfire as the world races against the outbreak to contain it. Thousands of people have already lost their lives to the coronavirus, which has now been declared as a pandemic. Besides being a global health crisis, COVID-19...
Financial audits are one of the reasons why year-end reporting is stressful. But then, these audits establish you as a reliable company in the eyes of external entities such as banks, government agencies, and shareholders. Furthermore, listed companies are required by...
Without a reliable accounting partner on your side, your marketing agency will inevitably face financial and even legal challenges over time. Finding the best digital accounting firms is easier than you might think. In this article, we will discuss 6 of the most...
The big data revolution that we witness today has transformed companies and revolutionized the use of data as we know it. No leading company today disputes the use of advanced analytics for decision-making and its crucial role in transforming the industry. Given the...
