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1047: Balancing Risk and Opportunity in a Changing Finance Landscape | John Gronen, CFO, Yooz

CFO Thought Leader

The company operated two businesses: one generating about $30 million in EBITDA, while the other incurred annual losses of roughly $10 million. Once the board approved the plan, Gronen led efforts to align sales teams and streamline processes. Gronen: Yooz is an AP (accounts payable) automation and payments company.

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Advanced Bookkeeping Techniques for Growing Businesses

CFO Share

Avoid Overloading Your Accounting Software Many bookkeepers think accounting software should be the ultimate source of truth for all data – bills, payroll, inventory, sales transactions, etc. As your business grows, it’s essential to keep detailed data in specialized systems outside your accounting software.

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Multi-Location Restaurants And Franchises – The Best Cloud Accounting Solution

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You can seamlessly integrate all of your restaurant systems into Sage Intacct for complete automation that can streamline your processes and workflows so that all sales data from each restaurant and entity flows directly into your accounting software, eliminating manual input and reducing errors.

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Your Inventory Value Report

CFO Simplified

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. . It is important to reconcile this report with your general ledger to make sure that the numbers are correct.

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How Complex Are Your Business Finances?

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Use dimension values to capture your business transactions, operational measures, and budgets in General Ledger. Gain complete visibility across your company with the ability to create accounts payable liabilities, vendor-aging and bill and check register reports in real-time. Seamless scaling without adding headcount.

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Capitalising on the Fintech apps in APAC

Future CFO

Financial and accounting processes include managing the general ledger, accounts receivable & payable, billing and invoicing, reporting & analytics, bank reconciliation, budgeting & forecasting, etc.

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The Basics of Nonprofit Bookkeeping

The Charity CFO

Execute data entry to keep the general ledger current . Allocate revenue and expenses to restricted fund accounts . Prepare the data accountants used to create income statement, balance sheet, and cash flow statement. Organize and maintain receipts . Create invoices for goods, services, and donations. Manage payroll .