Remove Auditing Remove General Ledger Remove Profit and Loss
article thumbnail

1047: Balancing Risk and Opportunity in a Changing Finance Landscape | John Gronen, CFO, Yooz

CFO Thought Leader

The company operated two businesses: one generating about $30 million in EBITDA, while the other incurred annual losses of roughly $10 million. Gronen proposed a strategy to merge the two operations, consolidating efforts to increase profitability. One of the most valuable things Yooz offers is time.

article thumbnail

How cloud accounting made me enjoy the finance industry again

Creative CFP

There is drill-down functionality available from the general ledger, and you can click right through to the supplier invoice. It makes any query and audit way easier than before. ▪︎ GOING PAPERLESS Xero’s platform allows for every transaction to have a source document digitally attached to the transaction.