Financial management is vital for business success. Firms employ outsourced CFOs to control costs and drive growth, mainly with more regulations. Knowing when to hire a CFO is key to success as your business grows. A study by Expertise Accelerated found that 40% of U.S. businesses outsource accounting offshore due to inflation. Outsourcing your CFO

E-commerce accounting simplifies finances, reducing stress. Offshoring saves time, ensures accuracy, and promotes growth. eCommerce sales will reach $8 trillion by 2026 and $10 trillion by 2027. With rising competition, businesses must reduce expenses without sacrificing quality. In 2024, over 3 billion people will shop online, fueling global eCommerce growth. Plus, 52% of small businesses

Growth is a must in private equity, but managing portfolios, finances, and regulations can be tough. Outsourced accounting makes it more effortless. Outsourcing aids businesses to save up to 60% on costs while also creating job options worldwide. It increases efficiency and gives access to professional skills without the high costs of on-site teams. Many

Overview XYZ (name withheld for confidentiality) is a US-based CPG company. It was struggling with poor payment ratios that were driving vendors away, jeopardizing the supply chain. EA’s team stepped in to streamline XYZ’s accounts payable process, ensuring vendors were paid on time and kept informed about payment schedules. By improving bill tracking and payment

Despite economic recovery, many businesses still struggle. They cut costs by outsourcing non-essential tasks to focus on growth. eCommerce sales will grow 56% in four years, hitting $8 trillion by 2026. As competition rises, businesses must cut costs while maintaining quality. Forbes says AR was among the first tasks outsourced and remains a top choice.

Managing finances effectively is the backbone of any successful business. Whether you’re a startup, a growing company, or an established enterprise, how you handle your financial records, tax filings, and payroll can determine your long-term success. One of the most crucial decisions business owners face is choosing between building an in-house accounting team or outsourcing

Every business wants to save unnecessary costs and grow its operations. Therefore, good financial management is important to the sustainability and growth of a company, but hiring a full-life CFO is usually not easy for small and mid-sized businesses. Instead of having to add a dedicated executive to their staff, they can hire an outsourced CFO

CFOs, ever wonder what happens when your trade promotion accruals don’t add up under accrual accounting standards? (Spoiler: It’s a mess. Cash flow issues, missed forecasts, and everyone pointing fingers at each other.) Trade promotion accruals matter. Imagine Joe from the accounting department struggles with inaccurate accrual calculations every quarter. He relies on sales team

Trade promotions help CPG manufacturers increase revenue. But managing them well can be tough. Firms spend 20-40% of their revenue on trade promotions, but many don’t notice real profits. Poor promotions reduce profits, damage cash flow, and lead to flawed decisions. If your trade promotions aren’t working, watch for these six warning signs. 1. You

Many companies struggle with Trade Promotion Management due to inefficiencies in procedures and poor cross-functional collaboration. Poor data accuracy further complicates the issue. Financial issues, unresolved deductions, and poor planning cause revenue loss and inefficiencies. While technology can support TPM, it cannot fix broken workflows or misaligned teams. Effective trade promotion management requires clear processes,