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The Relationship Between a Fractional CFO and Your Public Accounting Firm

Beacon CFO Plus

How to Divide Responsibilities and Prioritize Communication The relationship between a fractional or outsourced Chief Financial Officer (CFO) and your company’s public accounting firm should be collaborative, clear, and well-defined. This ensures your company’s financial and accounting needs are met effectively.

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Real Talk: Is Outsourced Accounting Right for Your SMB?

CFO Network

Access to Specialized Expertise: Why Outsourcing Matters Another compelling reason to consider outsourced accounting is access to specialized expertise. Accounting firms employ professionals proficient in various accounting and finance domains.

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The Power of Fractional CFOs: Sara Daw on Transforming Financial Leadership for SMEs and Corporates

CFO Talks

Cross-Reference with Accounting Weekly Interestingly, this trend aligns with a broader shift in the financial services industry. Accounting Weekly reports that many accounting firms are also turning to outsourced talent to handle complex client needs as businesses outgrow traditional services​( Accounting Weekly )​( Accounting Weekly ).

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What to Look for in Nonprofit Accounting Services

The Charity CFO

Nonprofit Accounting Expertise and Experience Nonprofit accounting isn’t the same as for-profit business accounting. Your organization needs a nonprofit accountant who understands the differences and has experience in nonprofit accounting. Does the firm respond quickly to messages?

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How to Modernize Your Nonprofit Operations

The Charity CFO

Once you have a clear picture of your current operations, you can start prioritizing pain points. Prioritize those processes that are time-consuming, paper-driven, and manual, such as expense reimbursement, time tracking, or bill payments.

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How to Prevent Burnout in Your Nonprofit

The Charity CFO

You can do this by promoting open communication and transparency throughout your nonprofit. In addition to communication, you can help reduce burnout by prioritizing employee wellness and mental health. We’re happy to provide nonprofit accounting services to help take some of that stress off of your team.

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The Robo-Accountants Are Coming

Boston Startup CFO

For example, in accounting, advanced document processing and secure document transfer portals now make it possible for accounting firm clients to directly upload all of their information through a secure file transfer. Some of the basic building blocks are already in place today. At the base level, this could sound scary.