Market factors are increasingly contributing to volatility in the business environment. While long-term planning is still key, scenario and sensitivity analyses are becoming more important tools for the C-suite. Financial analysts determine when to use scenario...
As a business owner, you probably are already aware of cash basis vs. accrual basis accounting. Here, we’ll explain the differences between them and help you decide which one is right for your business. Finally, we’ll show you how to switch from one to the other....
If you’re in the early stages of exploring ERP systems, please consult “Preparing for ERP Implementation: Fundamentals for Success” first for additional information. Meeting the constant demands of an ERP implementation is time consuming and critical. Deliverables get...
At every growing business, there comes a point where the finances become too complex for a CEO to feasibly manage. While hiring a full-time CFO may be the norm in large, established firms, many innovative and growing companies are now leaning on fractional CFOs to...
Growing pains are hard. An ERP implementation involves scores of details, extensive planning, and most importantly, management commitment. Add that to the time and funding needed and you get a thunderstorm of possible failure points to navigate. The essence of an ERP...
Mergers and acquisitions can be complex and time consuming. Because of the finite timeline and specific skill set required, many CFOs may not have the necessary expertise to confidently execute successful M&A deals. They also may become stretched too thin if they...
The shift to remote work has highlighted the value-additive nature of flexible, fractional professionals with specific skillsets. by Anita Samojednik The professional workforce has learned a lot over the last 12 months, particularly when it comes to our ability...
Your gut reaction to the ASC 842 Lease Accounting Standard may be to think it’s for the other party—those that lease real estate, vehicles or equipment to others. However, the greater impact is on the lessee doing the borrowing, rather than the lessor. Any contracts...
Over the last few years, unprecedented levels of economic upheaval have impacted many companies. Businesses have faced fundamental uncertainty from pandemics, rapid tech-driven disruption and shifts in consumer patterns. Having a well thought out forecast that factors...
PRESS RELEASE, NEWS Inclusion of Paro in the Premium Provider Directory will streamline access to Paro’s network of Finance & Accounting experts Paro, a Chicago-based startup disrupting the way companies access on-demand financial expertise, today announced it has...
