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Finance vs. Accounting

CFO Simplified

The terms “finance” and “accounting” are often used interchangeably. There are, however, very real differences between finance and accounting. While many business owners look for a CFO to bolster their existing accounting team, here at CFO Simplified, we consider that a CFO would be categorized squarely in the finance category.

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5 Accounting Challenges Startups Face and How to Help Them Thrive

The CFO College

If company owners don’t have a realistic view of their financials and are not set up for capital raising, reports, and tax prep, their dream may fade away before they ever get a chance to open their doors. As an accountant or bookkeeper, you can help prevent startups from going under or losing profitability.

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vcfo Houston Team Grows with Addition of Jose Perez-Bello, Consulting CFO

VCFO

Jose is a senior finance professional with more than 30 years of experience in financial management roles in manufacturing and international energy ventures. For several years, Jose was Director to the Board of the Venezuelan American Association of Texas (VAAT), a 501(c)(3) organization promoting the Venezuelan culture in Texas.

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Where Can FP&A Career Path Take You?

Fpanda Club

This process usually presumes the close collaboration of FP&A teams with business leaders and executives to align goals and expectations and create a common financial model of future revenues, costs and cash flows based on the external and internal factors and conditions.

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The 5 best budgeting software solution to increase efficiency of the business

Spreadym

Expense tracking: The budgeting software allows users to track and categorize corporate expenses, either by manually entering transaction details or by integrating with other sales software and bank accounts to automatically import transaction data. It allows for detailed financial planning across various departments and business units.

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5 Excel-heavy Pain Points still Dragging down finance teams in 2024

The Finance Weekly

When you’re making small-talk with someone who isn’t in finance or accounting about how work is going, and they answer with “busy,” do you ever question how hard it really is? They have a five person accounting team who spend an unwieldy amount of time dumping data from NetSuite into Excel. All involving Excel data manipulation.

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Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

The CFO can lead initiatives to implement systems that provide a unified view of the organization’s performance, making it easier for all departments to align their actions with the company’s financial and strategic objectives. Building Flexible Financial Models: The ability to quickly adapt to changes is a competitive advantage.