Remove Accounts Payable Remove CFO Remove General Ledger
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1047: Balancing Risk and Opportunity in a Changing Finance Landscape | John Gronen, CFO, Yooz

CFO Thought Leader

Now serving as CFO of Yooz, Gronen draws on this experience to focus on scaling the company through automation, AI-driven processes, and product expansion. ” —John Gronen, CFO, Yooz CFOTL: Tell us about what this company does and its offerings today. Gronen: Yooz is an AP (accounts payable) automation and payments company.

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The Key Differences Between a Controller and a CFO in Small Businesses

CFO Share

When building your back office, you may consider whether you need a financial controller or a CFO. The skills and responsibilities of these roles overlap, and to make matters more confusing, an underqualified CFO (yes, there are plenty out there) will perform similar to or worse than an excellent controller.

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The Difference between a Bookkeeper, an Accountant, and a CFO

The Charity CFO

Their primary role is to ensure that all transactions are entered into the accounting system with accuracy and consistency. Accountants run reports to help determine if the bookkeeping is done correctly. What is a Chief Financial Officer (CFO)? Responsibilities typically include advanced analysis and reporting, budgeting, etc.

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Advanced Bookkeeping Techniques for Growing Businesses

CFO Share

This practice reduces clutter in your general ledger and minimizes the risk of errors. Strategically assess your software stack and determine which details belong in the general ledger and which should be managed by other systems. Purchasing – validates accounts payable invoices.

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Reconcile That Account! (Not Just Your Checking Account…)

CFO Simplified

As a business owner, you must understand the importance of reconciling your accounts—and no, not just your checking accounts! Do you know what accounts you need to be reconciling regularly? Read on to find out from Larry Chester , President of CFO Simplified. Do You Know What Business Accounts You Must Reconcile?

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Your Inventory Value Report

CFO Simplified

The President of CFO Simplified, Larry Chester , shares the importance of inventory value reports with us. . If you’re a manufacturer or a wholesale distributor, you should be comparing the value in that inventory value report to one line on your general ledger, and that’s the value of inventory. . Final Thoughts.

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1,022: The Power of Lean Thinking | Todd Patriacca, CFO, BVI Medical

CFO Thought Leader

However, it was in a subsequent role as corporate controller at a private company that he found a mentor to guide him through essential areas like tax, treasury, and operations—preparing him for the CFO role that he eventually assumed. Read More It was during these years that Patriacca was introduced to Lean principles.

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