Recent years have borne witness to increasingly sophisticated innovations in the finance industry. At the turn of the century, we saw how different technological solutions rapidly transformed consumer experience: from mobile banking to artificial intelligence, fintech and cryptocurrency, technology has caused one major disruption after another. 

Inventory management is one of the tasks that business owners should prioritize. You can use a small business inventory software to take stock of your inventory or if you’re not yet ready for automation, you can also use a simple stock book or Excel spreadsheet. But why is it an important step in your accounting process?

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:

In any company, having a strong, competent management team is crucial for achieving the organization’s goals. Your startup is no different. Assessing company management is as important as getting your financials in order, especially if you’re looking to speak with investors.

Financial planning and forecasting is an important process that all organisations must implement once a year to allocate resources and set financial targets and budgets effectively. But not all managers look forward to financial planning and budgeting. Often, planning can be a tedious exercise that can be time-consuming.

Do you have a knack for numbers? Do you like solving problems and identifying patterns in financial data? If you answered yes to both questions, you might want to consider looking into financial planning and analysis (FP&A) jobs.