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Real Talk: Is Outsourced Accounting Right for Your SMB?

CFO Network

Rather than allocating resources to recruitment, training, and employee retention, SMBs can choose a flexible payment model that aligns with their budget and needs. Yet, reputable outsourced accounting firms prioritize data protection , implementing stringent security measures and confidentiality protocols to safeguard client information.

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The Importance of Customer Feedback on the Product Roadmap

Centage

More than just constructive criticism, it reveals the true pulse of the customer including both their wants and needs, which helps to propel a product to evolve and improve. In general, the most useful and constructive advice includes visual aids, such as screenshots, so you can see exactly where the issues originate.

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Voters turned out for economic justice: A review of key ballot measures from the 2022 midterm elections

CFO News Room

Though much work remains to be done to enact a progressive economic agenda, this midterm election showed clear signs of support for a policy agenda that prioritizes economic, racial, and gender justice for working families. Voters in several states and localities approved measures to fund the construction of affordable housing.

Economics 130
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Business Tax Consulting: Expert Strategies for Small Business Financial Health

CFO Plans

Get Started with Automated Bookkeeping Prioritize Financial Risk Management for Small Businesses Financial risk management is a critical aspect of business tax consulting. A construction company, for example, can benefit from integrated payroll solutions that track project-specific labor costs and simplify tax reporting.

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Planful vs. Datarails

The Finance Weekly

Encompassing tasks such as analyzing financial data, creating budgets and forecasts, managing accounting processes, and ensuring tax adherence and regulatory compliance, these advanced solutions empower finance teams to concentrate on strategic decision-making and higher-value tasks. What is Datarails’, FP&A Genius?

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Fund Accounting for Nonprofits & Charities

The Charity CFO

Fund accounting differs from for-profit accounting in that it prioritizes accountability, though it does add some complexity to the bookkeeping and accounting process. Donations received for a specific construction project (once the project is complete, those restricted funds may be able to be reclassified as unrestricted funds).

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The Best Practices to Create Operating Budget

Spreadym

An operating budget is a financial plan that outlines the projected revenues and expenses of an organization or business for a specific period, typically a fiscal year. Operating budgets are crucial for maintaining financial stability, making informed decisions, and evaluating performance.