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Grow Your Restaurant Chain With The Right Accounting Solution

https://trustedcfosolutions.com/feed/

Owning a restaurant chain or several restaurant franchises can be challenging when it comes to accounting and being able to consolidate all your reporting and records. There are a lot of accounting solutions on the market but only one that can provide you with all the information you need to make those critically important growth decisions.

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Petty Cash The Right Way

CFO Simplified

So why not set up a petty cash account with a small amount of money that can be used for things like running to the hardware store or office supply store? The important thing is to keep track of all the expenses associated with the account. What is Petty Cash? – and that all expenses are accounted for.

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Advice for Startups from your Financial Partner

BlueLight

These businesses ranged from seed stage companies where the CEO was the finance leader to growth stage companies with an in-house CFO. In these conversations, I observed each finance leader had a different perspective and approach with their financial accounting partner. What are services that startups underutilize and should use more?

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Six Key Factors for Building an Expert Professional Services Company

Bramasol

For example, at Bramasol we made a decision over a decade ago to focus on SAP finance solutions for the office of the CFO, with a specific emphasis on the new revenue recognition compliance requirements in ASC 606 and IFRS 15. For more on alternative approaches, read the next section.)

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10 Best FP&A Software Tools: A Comprehensive Buyer’s Guide [2023]

Onplan

Users report that locked versions change as accounts, level structures, or simple formula calculations change, which can be frustrating for less tech-savvy budget owners. Centage comes with several out-of-the-box features, including cash management, KPI tracking, and asset lifecycle management, making it easier for smooth adoption.