by Kyle Hill | Oct 23, 2021 | Business Growth, Finance Knowledge, Financial Strategy, General Business, Mergers & Acquisitions
There are many reasons why two companies may choose to combine into a single entity. Expanding into new territories, adding technologies, reducing costs, eliminating competition, boosting revenue, and increasing market share are just a few examples. The legal joining...
by Jerry Vance | Jun 30, 2021 | Business Growth, Chief Financial Officers, Finance Knowledge, Financial Controllers, Financial Strategy, Financial Systems, General Business
One of the questions we get asked most frequently about financial roles and responsibilities is “What is the difference between a Controller and a CFO? These titles are used frequently–and often interchangeably–in the business world. However, despite...
by Jerry Vance | Jun 2, 2021 | COVID-19, Finance Knowledge, Financial Forecasting, Financial Strategy, General Business
If there’s one thing we learned in 2020, it’s that change can happen—and it can come quickly, fiercely, and unexpectedly. In 2020, businesses were met with challenges they could never have predicted, and many had to shut their doors for good. Still others were...
by Jill Tavey | May 18, 2021 | About, Finance Knowledge, Financial Controllers, General Business
The terms “controller” and “comptroller,” as well as the positions they define, may seem strikingly similar. Indeed, the word “comptroller” is believed to stem from a 15th Century misspelling of “controller.” However, despite the similarity in titles and functions,...
by Curtis Bigelow | May 4, 2021 | Finance Knowledge, Financial Systems, General Business
As companies grow and their operations become more complex, they tend to outgrow their existing software. Expanding business units or segments tend to become more independent over time. This makes interdepartmental communications and resource allocation more difficult...
by Kyle Hill | Apr 8, 2021 | Finance Knowledge, Financial Strategy, General Business
Nearly every business has both fixed and variable costs. To ensure that your business remains fiscally solvent and profitable, it is important to understand the different types of costs and how to manage them. In general, variable costs relate to the number of items...
