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The 3 Jobs Your Startup Should Outsource

Boston Startup CFO

If you’re running an early-stage startup, chances are there are some knowledge gaps in your core team. Are you prepared to manage the day-to-day of your startup, from recruiting new talent to bookkeeping to financial planning? Look for a professional CFO who has experience working with startups. So, what should you do?

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Financial Accounting Hierarchy - By JP Puchulu

Boston Startup CFO

Financial accounting: A topic that can easily disorient even the most driven entrepreneurs. However, don't undervalue the significance of comprehending finance for your startup's survival. They prepare the income statement, balance sheet, and statement of cash flows using the accrual accounting method.

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Controller vs. CFO: Which is Best for your Company?

The Finance Weekly

In addition to accounting processes, the CFO leads prospective financial activities that are part of the vision: forecasting, budgeting, mergers, and investments. For smaller companies on a budget or in the development stage, there is often a debate about which one should be hired: CFO, financial controller, or a combination of both?

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The 5 Best Financial Reporting Software to Enhance the Productivity of CFO

Spreadym

QuickBooks: A widely used accounting software that offers robust financial reporting capabilities, suitable for small and medium-sized businesses. Xero: Another popular cloud-based accounting software with strong financial reporting features, particularly favored by small businesses and startups.

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The best cash flow management software for business

Spreadym

The list of tools that the platform supports is quite broad and it covers operational and strategic planning, budgeting, forecasting, scenario modelling. Scalability: QuickBooks is suitable for businesses of all sizes, from small startups to large enterprises.