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The Best Budgeting Methods for Your Business
From software developers to capital investors, most business professionals understand that budgeting is vital for sustainable growth. But few understand that a company’s budgeting methodology can make the difference between financial success and ruin. In this...
What Is Driver-Based Planning and How Can It Give Your Company a Competitive Edge?
Budgeting often leaves business professionals drifting aimlessly in a sea of details. With so much information available, they struggle to determine which factors will propel their company forward and which will sink it altogether. Fortunately, driver-based planning...
How Monarch Doubled Revenue with Outsourced Accounting Services
Monarch Medical operates in a highly regulated and competitive industry, where the quality of products and services directly impact patient care. At the outset of the engagement with Lavoie, Monarch (which was purchased by Eigen Capital in 2012) had minimal processes...
Accounting Trends in 2022 That Can Help Your Business
The accounting industry continues to quietly undergo a transformation that will be revolutionary once the history books are written. This transformation is mainly the fruit of rapid developments in the technological infrastructure that powers the day-to-day functions...
How Healthcare Organizations Can Realign Their Finances Amid the COVID-19 Crisis
The COVID-19 pandemic has been an incredibly trying time for the healthcare field. Hospitals are facing an unprecedented financial crisis driven by labor and supply chain issues as case numbers and breakthrough infections continue to surge. Kaufman Hall estimates that...
Top Private Equity Accounting Mistakes & How To Avoid Them
Accounting is one of the most important ingredients of success for private equity firms large and small. When accounting is optimized for the best practices of private equity, it becomes an additional catalyst for success. On the other hand, if accounting is not done...
Lavoie CPA & Jirav Launch Strategic Partnership
Lavoie CPA & Jirav Launch Strategic Partnership Lavoie CPA has added Jirav, an all-in-one business planning software for small and medium companies, to its lineup of preferred cloud solutions for the accounting profession. At Lavoie CPA, we leverage accounting as...
Accounting Trends in 2022 That Can Help Your Business
The accounting industry continues to quietly undergo a transformation that will be revolutionary once the history books are written. This transformation is mainly the fruit of rapid developments in the technological infrastructure that powers the day-to-day functions...
Top Private Equity Accounting Mistakes & How To Avoid Them
Accounting is one of the most important ingredients of success for private equity firms large and small. When accounting is optimized for the best practices of private equity, it becomes an additional catalyst for success. On the other hand, if accounting is not...
4 Key Insights Offered by Accounting Software
The accounting and finance industry has experienced a rapid digital transformation over the last 10 years. What began as custom software programs built for the accounting departments of giant corporations evolved into an entire ecosystem of accounting and finance...
How Outsourced Accounting Firms Help Businesses Survive Economic Downturns
Economic uncertainties continue to plague the United States due to the Delta Covid variant. According to a September 2021 Wall Street Journal article, “In recent weeks many economists lowered their forecasts for third-quarter economic growth . . . amid the spread of...
The Top 5 Reasons Why Hospitals Need Outsourced Accounting
As the CFO of a hospital or healthcare organization, you understand the substantial financial burden facing the healthcare industry. From cumbersome pre-authorization processes to ever-changing government regulations, inefficiencies account for up to $200 billion in...
Solve the Biggest Accounting Challenges with Outsourced Accounting
Every business needs reliable financial reporting and management in order to make sound company decisions. That means every company needs an accounting team that’s skilled in financial processes, reporting, and compliance. For the highest quality accounting, many...
How Outsourced Accounting Can Benefit Small Businesses
When you start a small business, you're driven by passion and grit. But as your business grows, so do its demands. Many entrepreneurs make the mistake of wearing too many hats, seeking to cut expenses by handling their own bookkeeping and financial needs. These...
12 Signs It’s Time to Outsource Your Accounting
Every business knows that there are times, be it times of growth or times of strain, that additional accounting resources are needed to help the business meet or exceed its goals. The question remains: How do you know when it’s that time? We’ve outlined 12 common...
In-House Accounting vs. Outsourced Accounting
When a business is in growth mode, executives need to make more difficult decisions that are efficient and cost-effective for their organization. The foundation of these decisions is a firm grasp of the financial health of the organization. That is why business owners...
How Outsourced Accounting Saves Businesses Money
One of the biggest benefits of outsourced accounting is that it can save businesses money. In fact, businesses can save 30-40% by using an outsourced accounting partner. How? In this article, we dive deeper into the ways outsourced accounting can save companies...
Women Who Lead: Fabi Preslar with SPARK Publications
Each #WomenWhoLead feature will be showcased on a wall mural in South End Charlotte. If you know a woman leader who you want to feature on the wall, please click the button to nominate her.Fabi Preslar (we’ve learned is pronounced “Faybee”) and her entrepreneurial...
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