Category: Articles

Articles are written by NOW CFO consultants and industry experts on topics ranging from financial best practices,  commentary on trends or changes in regulations, or around the benefits of hiring a fractional, outsourced, or temporary CFO, Controller or accountant.

Outsourcing vs. Automation: Which is More Beneficial?

Outsourcing vs. Automation: Which is More Beneficial?

Outsourcing and automation are two distinct approaches that organizations employ to improve efficiency, reduce costs, and optimize their operations. While both strategies aim to enhance productivity and achieve better outcomes, their implementation and impact differ.

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The Treasure Chest of Benefits: Outsourcing Accounts Payable  

The Treasure Chest of Benefits: Outsourcing Accounts Payable  

X-Marks the Spot for Outsourcing Accounts Payable     Outsourcing your accounts payable is like unlocking a treasure chest of benefits for your business with a single strategic decision. Accounts payable refers to business operations where you pay money to a vendor, worker, or another party.

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Accrual Accounting: Why It’s Vital for Businesses to Stay Ahead

Accrual Accounting: Why It’s Vital for Businesses to Stay Ahead

Accounting is a crucial aspect of running a business, and accrual accounting is one method businesses can use to keep their financial records current. It refers to the method of accounting that records revenue and expenses when they are earned or incurred, regardless of when the cash is received or paid.

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The Role of a CFO in Business Valuation: Unleashing the Number-Crunching Superhero!

The Role of a CFO in Business Valuation: Unleashing the Number-Crunching Superhero!

As a business owner, you might have heard the term “business valuation” thrown around. But what does it actually mean? And more importantly, what role do CFOs play in this process? In this blog post, we will explore the exciting world of business valuation and how CFOs can be your number-crunching superheroes!  What is Business Valuation?  A shocking statistic: 98% of business owners do not know their company’s value.

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Planning For An Economic Downturn

Planning For An Economic Downturn

If you pay attention to any economist’s prediction lately, you will likely see the word ‘recession. ’ The Federal Reserve has adopted a very aggressive monetary tightening approach to slow inflation which has triggered recessions in the past.

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