Outsourcing is a wonderful way to minimize your firm’s operational cost, maximize your time, and give your clients the attention that they deserve. Outsourced accounting firms are here to help you get all these benefits and more. But which of your services should you delegate first? Here are a few suggestions to make the most out of your outsourced accounting services:

Most accountants dream of starting their own firm. They work hard to move up on their firm’s ladder until they have gained the resources and the experience needed to start their own path. If you’re now at this stage of your career, congratulations, you’ve made it! The next challenge is actually turning your plans to reality. Starting an accounting firm has its own share of risks. You'll be putting your job security, savings, time, and other resources on the line as you start your journey.

The latest trends in finance, accounting, data, and technology are redefining the work of finance and accounting (F&A) professionals everywhere. For Chief Financial Officers (CFOs), these rapid changes in the F&A industry mean that they need to adjust and recalibrate their roles as they redefine what makes a good CFO and meet the growing needs of their business. Here are four important skills that will help CFOs deliver more in the next five years, according to CFOs:

Automation is taking over a number of roles in the finance and accounting (F&A) industry. From bookkeeping to data analytics, and even to the offices of Chief Financial Officers (CFOs) automation and digitalization have made their marks. Today, the digital transformation of CFO roles is necessary to help CFOs benefit most from new F&A technologies and navigate the demands of the industry. But how exactly does this digitalization affect the role of CFOs? Here are a few points on how automation and digitalization will affect CFO roles.

The roles and capabilities of Chief Financial Officers (CFOs) have gone through a number of changes over the years. Most businesses fail to recognize how important CFOs are in every aspect of their processes. Today, CFOs need to have an understanding of what their business is all about, how their business is run, and the direction that the business wants to go to. Their invaluable knowledge can be helpful in achieving the goals of the business. Before we discuss how your CFO can help you bring progress to your business, let us recap the modern CFO responsibilities:

Congratulations! I know you are reading this article because you want to improve how you manage your business finances this 2019. Managing a startup often requires more work than handling a full-blown corporation. You have fewer people on your team and you often have to work both as an administrator and as a crucial part of your product/service delivery team.