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As businesses grow in size and complexity, the lack of a CFO becomes increasingly apparent. One question we are asked quite frequently is what do CFOs actually do? A CFO will own all financial aspects of the business and marry them with strategy and operations to provide invaluable insights as a strategic partner to the CEO and a key part of all major decisions. A CFO will be much more to you and your business than just an Accounting leader. The right CFO will help you maximize the value of your business. He or she will:
Have you experienced the benefit of using the right tool for the job?
In construction sites it can be critical to both physical safety as well as completion of work. While the accounting and finance department is not a hard hat zone, the criticality of using the proper tools is still very real.
From the value of collaboration and timely information, to security risk mitigation, tools are an integral part of a company’s prosperity.
As part of our mission to help people prosper, we’re excited to share our newest tool with the world: our Client Portal!
As with most innovation, this solution was born from a problem, or in our case, a series of problems. Though not all of them were critical in nature, and each had different value impact, when we took a step back we realized there was a synergy that was created by addressing these issues with one centralized solution.
It’s game day. As an owner or CFO, you are moving ahead toward the sale of your company. It’s hard to imagine a bigger event in the life of either.
This may be your first company sale, or the most important deal of your life so far. You know that as an owner or CFO, you are the Captain of the team, responsible for due diligence activities. But what should you expect and how can you be prepared to ensure that the diligence process maximizes the purchase price your company will receive from a buyer?
by Chris Morgan, Senior Manager, Client Services & Innovation
Starting a business is typically initiated from a place of passion, excitement and a creative idea that will add value to future customers. As it should be – it’s an exciting time and a great undertaking.
Often, however, that creative and high-level mindset can get bogged down in the details of accounting and legal work, sometimes from the very onset of filing your articles of incorporation.