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How to Calculate Your Profitability: A Case Study

CFO Simplified

This CFO Simplified client watched profitability slowly disappear—until they incurred a $125,000 loss. Manufacturing variances were caused by a variety of factors, but the summary general ledger (GL) postings didn’t provide an answer. . A CFO can help ensure your business’ profitability is at its best.

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Your Ultimate Finance Department Checklist

CFO Simplified

I [Larry Chester] once met a business owner who told me he had a small manufacturing plant outside Cincinnati. Mid-sized businesses benefit the most from hiring a fractional CFO. At this level, there is enough complexity that CFO services can positively impact business decisions. Company Size. What is a Large Company?

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Your Inventory Value Report

CFO Simplified

It’s just a bunch of numbers, right? This information is critical for a number of reasons that we’ll explore in this article. This information is critical for a number of reasons that we’ll explore in this article. The President of CFO Simplified, Larry Chester , shares the importance of inventory value reports with us. .

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The Upgrade Challenge

CFO Simplified

Business – Industrial seating manufacturer. And, on top of that, even though the balance sheet totals matched the totals in their old system, the numbers didn’t match the subsidiary reports that supported it. General Ledger Dimensions – ERP systems allow true slicing and dicing of information gathered. Location – St.

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

Onplan

Despite its extensive number of integrations, Adaptive has seen users complain that ERP integrations tend to break and require a long time and multiple support interventions to repair. Some of the industries that Centage caters to are finance and insurance, healthcare, manufacturing, and software. Key features.