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finance

Worried About Cash? You Need a Purchase Order System

& Management.

A purchase order (PO) system is a method of tracking promises of payment to vendors. People inside the business create a requisition to buy something, managers approve it, and the accounting people review the documentation. A purchase order indicates the price, quantity, timing, and other relevant details of the purchase that can then be matched… Read more »

Bookkeeper, Controller, or CFO?

& Management, Operations.

Bookkeeper, Controller, or CFO - Who do you need?

What Position Do You Need? When starting a business, the leader or a family member often “handles the books” given the sensitive nature of the information and the minimal time required for this task when a company has few transactions to process. While the leader sees this work as mostly administrative, the value of the… Read more »