CFO Simplified

APRIL 15, 2022

For manufacturers, retailers, or wholesale distributors, inventory is likely the largest item on their balance sheet. Business – Dress Manufacturer. Unfortunately, financial reporting had been inconsistent, so the owners wanted help putting together a set of financials that the bank would accept. Recommendations.

Profit and Loss 52

Profit and Loss Manufacturing General Ledger Accounts Payable 52

Planful

JANUARY 11, 2022

Research from the Wharton School of the University of Pennsylvania suggests that, since AI can lead companies to become more profitable, companies can then hire more employees. This was great for business but led to increasingly long financial reconciliation times. But what happens to humans when the bots take over?

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Profit and Loss Reconciliations 40

CFO Simplified

APRIL 15, 2022

Knowing the actual cost of production is critical to setting accurate pricing and therefore profitability for any manufacturing company. Getting to the real numbers are the key to profitability. Current financial staff consisted of an accounts payable clerk, an accounts receivable clerk, and an accounting manager.

Profit and Loss 52

Profit and Loss Manufacturing CFO Accounts Payable 52