CFOs and controllers are senior accounting roles that drive a business’s finance function. In 2024, the finance function will become one of the most relevant parts of a business. Interest rates are soaring, and the economy seems primed for an inevitable upset. If businesses are not prepared, they may face catastrophic damage should the worst
How to Manage Trade Promotions: 5 Result-Driven Tips to Skyrocket Sales and ROI Effective trade promotions must deliver tangible outcomes to be truly effective. You might have had a good handle on your team’s trade promotion expenses last quarter, but do you know exactly what return on investment (ROI) those efforts brought in? According to Forrester,
Have you ever thought of hiring a Fractional CFO for your small business? If you run a small business and can’t afford to pay high salaries for experienced CFOs, you still need someone crucial to guide your business to success and growth. So, Fractional CFO services may be the right answer for you! The fractional
Many accounts dream of the day they can become a CFO. It is the height of the accounting profession, where you shape a business’ future and destiny with your own two hands. It is a prestigious role that only a few can achieve. Only accountants who have climbed the rocky hills of the accounting profession
Increasing costs and tough competition leaving your Trade Promotion Management ineffective? Discover data-driven solutions to boost ROI and conquer market challenges. In the dynamic landscape of consumer packaged goods (CPG), trade promotion is a pivotal strategy for driving sales and enhancing brand visibility. However, amidst the ever-evolving market dynamics, traditional approaches to trade promotions often
Inventory management is a crucial part of business management. 2024 is shaping up to be one of the worst economic years of the decade so far. Interest rates are soaring through the roof and businesses are panicking, trying to find ways to control costs. Survival is the order of the day. Rather than growth, maintaining
Accounting staff augmentation could be the key to success for your business. As an entrepreneur, you might understand how high-performing resources can add (immensely) to the company’s overall financial stability. According to Statista, 5% of startups failed in 2022 due to not having the right team. Having the right team at the right time can save
Feeling stuck with your accounts payable? Managing a business is stressful enough. The last thing you, as an entrepreneur, must be worried about is your company’s accounts payable. Over the past few years, we have done our best to spread the good word about accounts payable outsourcing. According to analyst interviews at Business Insider, a
Attention start-up owners! You need to hire a bookkeeper today or risk losing it all to the whims of the economy. 2024 looks rough for startups, with the long-anticipated recession on the horizon as the unemployment rate crosses the recession threshold. Everyone is holding their breath waiting to see which way the pendulum swings, but
Can you revamp your startup’s financial game with outsourced accounting services? Startups make our world a better place. There’s something amazing how startups unlock human potential…achieving extraordinary things. Yet 90% of startups fail. According to the Bureau of Labor Statistics, as of 2021, approximately 20% of start-ups fail in the first year. Behind this staggering