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How Virtual Bookkeeping Can Save You Money

KG Virtual CFO

Cost Savings Virtual bookkeepers can analyze financial data to identify areas where a small business can cut costs, such as reducing overhead expenses or renegotiating contracts with suppliers.

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Stripe: How finance functions can make automation work

Future CFO

SS: In a difficult economic climate, CFOs have a critical role to play in driving data-led strategic transformation. However, with their organisations’ financial data living across dozens of disparate tools, requiring hours of manual reconciling across these various systems, their ability to do this is being severely restricted.

Finance 52
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10 KPIs to Track Business Performance

The Finance Weekly

This ratio highlights the percentage of your sales, general, and administrative costs that aren't directly related to producing your product. These expenses may include miscellaneous office costs that can impact your profits. In general, a lower SG&A ratio is preferable, indicating more efficient cost management.

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B2B APIs Make More Connections

PYMNTS

Banks and FIs are getting more comfortable with real-time environments as detailed in several use cases from the B2B API Tracker, like Sage Intacct’s experiments in API-driven accounting, cost management and automation. A report by the U.K.’s

B2B 59
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Podchats for FutureCFO: Action items to accelerate finance transformation

Future CFO

In an IBM Global C-Suite study , two-thirds of CFOs surveyed confirmed that their agenda includes taking an active role in developing strategy, driving growth, reducing costs, managing risks and providing insights. How effective is your finance function in supporting the following aspects of enterprise decision-making?

Finance 52
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Finance leader Q&A: Be ready to patiently understand people you lead

Future CFO

Against this backdrop, a quick turnaround of insightful data that enables actions is required of the finance team. And to support a fast decision-making process, we need to have enough financial data points and become data interpreters with insights into the process and system, rather than simply presenting calculations on a spreadsheet.

Finance 52