Best Practices in Accounts Payable Automation

Here’s a simple question: Would you rather continue to manage accounts payable manually or put the whole process into an automated workflow? Considering the amount of time that’s consumed by staff and other resources in the AP process, most [...]

By |2022-02-07T17:14:03-05:00February 7th, 2022|Categories: Blog, Frank Balestreri, Outsourced Accounting|0 Comments

9 Advantages of Outsourcing Accounting Services

Outsourcing offers unique solutions to some of today’s biggest accounting challenges. If your company is debating over how to best account for its transactions, consider the advantages of outsourcing accounting. 1. Outsource Accounting Cost Outsourced accountants can cost a [...]

By |2022-01-27T15:15:53-05:00January 27th, 2022|Categories: Blog, Frank Balestreri, Outsourced Accounting|Comments Off on 9 Advantages of Outsourcing Accounting Services

9 Benefits of Using BlackLine’s Reconciliation Templates

Take Advantage of BlackLine’s Account Reconciliation Many companies don’t realize they can use BlackLine’s reconciliation templates to achieve account accuracy, systematic consistency, accountability and transparency while automating the reconciliation process - saving dozens of hours per month that can be [...]

By |2022-06-29T13:43:44-04:00August 17th, 2021|Categories: BlackLine, Blog, Kevin Burke, Outsourced Accounting, Software|Comments Off on 9 Benefits of Using BlackLine’s Reconciliation Templates

Five Imperatives to an Effective Family Office

It’s amazing how basic each of these five items sound, and yet often one or more are not present in family offices.  The result is frustration by the family, stress in the team, and a high likelihood that families [...]

By |2021-11-10T15:55:52-05:00August 10th, 2021|Categories: Blog, Family Office, Outsourced Accounting, Software, Tom Crotty|Comments Off on Five Imperatives to an Effective Family Office

Shifting from a Family Office to a Family Enterprise Mindset

A common mistake made by many high-net-worth individuals and families is failing to treat their family’s financial affairs as a business entity in their own right. Managing the business of the family’s assets is a critical practice that demands [...]

By |2021-11-10T13:38:54-05:00June 22nd, 2021|Categories: Blog, Family Office, Outsourced Accounting, Tom Crotty|Comments Off on Shifting from a Family Office to a Family Enterprise Mindset

Understanding (and Reading) a Cash Flow Statement

What is a Cash Flow Statement? A cash flow statement is an important tool that management should review on a consistent basis to gain valuable insights into the company’s financial health and identify emerging or potential problems. Cash flow [...]

By |2022-02-04T19:29:31-05:00March 4th, 2021|Categories: Blog, Frank Balestreri, Outsourced Accounting|Comments Off on Understanding (and Reading) a Cash Flow Statement

Is It Time To Outsource Finance and Accounting?

Outsourcing may appeal to organizations that are currently struggling with mounting overhead costs during the COVID-19 crisis. By outsourcing, you convert certain fixed overhead costs associated with compensating and supporting employees into variable costs that can be scaled back [...]

By |2022-01-24T09:58:46-05:00June 12th, 2020|Categories: Audit, Blog, Outsourced Accounting|Comments Off on Is It Time To Outsource Finance and Accounting?

CFO Services – Adding Strength to Manufacturing and Distribution

For a lot of small to mid-size manufacturing and distribution businesses, there’s a conundrum looming over the accounting department. Often, these departments consist of just a few accountants, possibly a controller or accounting manager. Typically the business owner serves [...]

By |2021-11-10T17:11:50-05:00March 30th, 2020|Categories: Blog, Food & Beverage, Frank Balestreri, Manufacturing & Distribution, Outsourced Accounting|Comments Off on CFO Services – Adding Strength to Manufacturing and Distribution

Best Practices for Closing Your Books

In a survey that asked 2,300 organizations about their month-end close, the bottom 25% needed 10+ days to finish, while the top 25% needed 5 days or less. So, where do you fit on that spectrum? No matter what [...]

By |2021-11-10T13:41:39-05:00February 14th, 2020|Categories: Blog, Frank Balestreri, Outsourced Accounting|Comments Off on Best Practices for Closing Your Books

Differences between CFO Services and Accounting Services

Knowing What Kind of Outsourced Accounting Services You Need Managing your company’s finances isn’t always easy. In the early days of your business, things were probably a lot simpler. The financial responsibilities were, and maybe still are, handled by [...]

By |2022-05-04T18:10:45-04:00December 10th, 2019|Categories: Blog, Frank Balestreri, Outsourced Accounting|Comments Off on Differences between CFO Services and Accounting Services
Go to Top