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Welcome Scott Goodrich

Focus CFO

Scott has more than 20 years of diverse Finance and Accounting leadership experience spanning companies of all sizes and across multiple industries that include manufacturing, distribution, and professional services.

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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. . This information was available from their enterprise resource planning (ERP) system.

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Keep Proprietary Processes Secret

CFO Simplified

Bringing Value Through CFO Insights. Business – Manufacturer of industrial models. One made stock models that were sold from a catalog, and the other produced structural prototypes of critical manufacturing components for major corporations. The general ledger layout is generic in nature. Initial Contact –.

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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. This involves planning for the future.

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Your Inventory Value Report

CFO Simplified

The President of CFO Simplified, Larry Chester , shares the importance of inventory value reports with us. . Enterprise resource planning (ERP) is a system that helps businesses track and manage information related to their operations. The post Your Inventory Value Report appeared first on CFO Simplified. Final Thoughts.

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The Upgrade Challenge

CFO Simplified

Upgrading simple accounting software to an ERP (Enterprise Resource Planning) system that is going to manage every aspect of the company from operations to accounting and finance, and sometimes even sales and customer relations is no small task. There is a significant amount of planning that needs to take place. Location – St.

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

Onplan

Finance professionals and teams today have numerous solutions available to help them plan, budget, forecast, and analyze financial information. In this buyer’s guide to the best FP&A software, we’ll provide an overview of the top financial planning and analysis tools to consider. However, not all FP&A tools are created equal.