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Tag: CFOadvisory

Four Strategic Decisions Holding Your Small or Mid-Market Company Back

By Joe Cicerone Updated 7/29/2019. Your business needs help. No, that doesn’t mean you’re doing anything wrong — or more wrong than anyone else trying to independently run a business.  But it would help to have an experienced CFO advisory group who could see your company’s challenges and opportunities from a fresh perspective. That’s because the management team of young and growing companies tend to see what they’ve always seen. They only know the one way of looking at their...

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Finding the Right Accounting Software for your Professional Services Firm

By Paul Ursich Emerging engineering firms and other professional services companies quickly outgrow the rudimentary accounting system software they buy off the shelf to get started. Although these starter systems can handle the basics, such as financial reporting, accounts payable processing and accounts receivable, they have limited capability for handling employee time reporting, expense reports, project reporting and related functions. However, there are several software packages...

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Beware the Temptation of Offshore Consulting Services

By Paul Ursich Outsourcing accounting consultancy services overseas can be a tempting strategy for gaining expertise at a highly competitive cost. But as someone who’s previously done that, here are a few precautions I learned along the way. Language can be a barrier. I admire anyone with any degree of fluency in a second language. But while you can easily find English-speaking talent almost anywhere, there are degrees of familiarity with the language. When addressing, in person,...

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