This blog post was originally posted on Austin Technology Council's weekend update on August 19, 2016.
When the CFO and finance department spend all their time trying to keep their financial statements and records straight, there is little time left to focus on high-value work and strategies that .
Why BV Investment Partners leveraged Finance as a Service to grow and improve the finance function of their portfolio companies
The middle-market private equity firm BV Investment Partners felt the finance teams attheir portfolio companies were slow to scale and report data reliably. We spoke withJustin Kustka of the firm .
To survive in today’s highly competitive business environment, you need to increase efficiency and agility, particularly if your business goals include driving growth, introducing new products, or .
Today’s highly competitive, data-driven business environment demands that organizations let go of traditional finance activities and embrace the digital revolution. Because modernizing your finance .
Your company’s investors will want to know where their money will go, while creditors will want to ensure you can repay your debt. This makes your organization’s financial health a major concern for .
Outsourcing finance and accounting to a third-party service provider is advisable for any company that has gaps in their in-house finance and accounting department. An experienced and knowledgeable .
With the success of the organization’s finance department resting on the Chief Financial Officer’s ability to manage the business finance operations properly, it is crucial that the CFO is supported .
Carveouts: Enhancing the culture of the finance & accounting group
When PE firms carve out a business unit to create a standalone entity, they shouldn’t neglect the culture surrounding the finance group, according to Mike Dansby, VP of CFO Services with Consero.
When a company first launches, its founders and core team typically take on all the work themselves and will often find themselves multi-tasking as they try to keep their expenses low and operations .