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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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1001: Building Teams and Breaking Boundaries | Julien Lafouge, CFO, Spendesk

CFO Thought Leader

The approach, Lafouge tells us, reduced the need for additional accountants by 40%, validating the power of efficient teams. With global uncertainties looming, he built a resilient financial model that ensured the company’s survival. You have physical and virtual cards that you can use all across the company.

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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 provides a comprehensive suite of tools for financial planning and analysis.

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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. These processes vary.

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What is a 13 Week Cash Flow Forecast?

CFO Share

You receive numerous calls from vendors about late invoices. A rolling 13 week cash flow model is updated weekly by your CFO, accounting team, and management in a collaborative session. A rolling 13 week cash flow model is updated weekly by your CFO, accounting team, and management in a collaborative session.

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Top 8 AI Uses in Finance Embraced by FP&A Leaders

The Finance Weekly

These tools examine factors such as market changes, regulations, and credit risks to pinpoint potential threats to financial performance. Machine learning models can analyze expense data, recognize patterns, and offer insights to help FP&A leaders enhance their expense management procedures.