Based on a company’s size and evolving goals, payroll responsibilities can fall anywhere from HR to finance and even the founder. For businesses that are quickly growing in number of employees, or for businesses that wish to prioritize high-level strategic...
Investors look at a company’s cash flow statement to determine whether the company generates enough cash flow to pay debts, invest in growth and, ultimately, provide a positive ROI for investors. The statement of cash flows, along with the balance sheet and income...
The income statement, also known as your profit and loss (P&L) report, will aid you in running your business and prepare you for the next level: fundraising. In addition to your balance sheet, your income statement provides valuable insights to investors and to...
Filling orders, stocking shelves and creating accurate projections are just a small slice of inventory management. When you couple those tasks with tracking and managing rising costs, raw material and labor shortages and shipping disruptions, you can begin to...
The traditional mode of storing and managing financial data on office desktops is becoming obsolete as cloud solutions supplant hard drives and teams embrace remote collaboration. In fact, 85% of enterprises will be “cloud-first” by 2025, which means whole departments...
Month-end close can be an intensive process that, when not properly streamlined, leads to excessive overtime, stress and sometimes even strained professional relationships. If your accounting team is overextending itself during crunch time, it is likely time for a...
