COVID-19 accelerated the trend of remote work and now offices will never be the same. Is yours set up to thrive even if people don’t return to their desks?
Incubators help nurture startups, but they don’t guarantee success. Explore what startups should do (and not do) upon leaving the incubator.
Outsourcing critical services lets startups stay lean and agile. But which services do they really need? Explore how to answer that question correctly.
Accounting 2018 – Have the Predictions Come True? We read with much interest an article by thought leader Blake Oliver. Published in December 2017, it contains five predictions for accounting. The five predictions are as follows: Revenue recognition guidance adoption will cause implementation of SaaS billing and contract systems to take off. Blockchain will create headaches (and a few opportunities)…
Outsourcing Your Accounting: Myths, Misunderstandings, and Modern Best Practices Let’s start out with a simple quiz: True or False: Outsourcing is only a short-term solution. You bring in an expert on a to perform accounting duties on an interim basis. True or False: You’ll pay a premium for outsourcing services. It’s better to hire in-house staff. True or False: Internal…
The Hidden Costs Your Startup Simply Cannot Afford As we enter the third decade of the 21st Century, there is still a prevalent tendency to default to 20th Century business models among today’s business leaders. It could manifest in the do-it-yourself model or the hiring of in-house personnel to handle all aspects of the business. Outsourcing often comes as an…
6 Reasons Why CEOs are Outsourcing Their Accounting – At first, the idea of outsourcing may seem uncomfortable, especially when it comes to something as sensitive as your company’s financial accounting. However, it might also be the best decision you make for your business. Increasingly outsourcing is becoming this century’s best practice among savvy leaders keen on protecting their company’s…
Is Your SaaS Company Ready for FASB ASC 606 Compliance Deadline? We are now less than six months from the 2019 deadline and the clock is ticking. “Don’t fall into the trap of underestimating the time required to implement changes to your financial systems and processes.” The impact of FASB ASC 606 necessitates changes to your tracking, processes, and internal…
Financial Management in the Cloud through Outsourcing – When you are in the midst of a fiercely competitive business landscape, you have to be prepared to act quickly. Maintaining a strong position requires speedy right action (preferably through data-driven decisions ) otherwise known as agility. The savvy business owner avoids situations that can sidetrack or bog her down. The agile…