Outsourcing

Setting up your finance department

12 Mar: Setting up your new company’s finance department: Getting it right the first time.

You’ve made the leap. The incorporation paperwork has come through and what was once just an idea is now a real company. So where do you go from here? What do you need to do to get your company up and running? The Banks… One of the things you’ll realize very quickly is that you need to find a way to manage your new company’s money. You can’t just run this thing from your personal account, that won’t work. So, step one – you need a bank account. Choose your financial institution wisely, each of them will have different account…

lightbulb

07 Mar: What is BPO financial accounting?

What does that even stand for?  BPO stands for Business Process Outsourcing.  Let’s clear that up first and foremost. Whenever we spend time speaking to a prospective client, this is the first thing we have to address. What do those 3 letters stand for? Now that we’ve cleared that up, let’s talk about why a company might considering looking to use a BPO partner specifically for ERP implementation. Expansion to other markets Multiple currency accounting A need to make better business decisions based on company financials and a lack of a view into them with existing bookkeeping solution A company’s…

Outsource

20 Feb: Focus on your core. Outsource the rest.

Your business is established now. You’ve moved from the spare bedroom of your place into that great open office with the Foosball table and the cool coffee machine. Your consulting CFO is positioning you to scale, and has brought you a strategy with that word on it again: outsource. Major corporations outsource things all the time, like those *shudder* call centres you hate so much, to save costs. But you’ve always been a believer that if you want things done right, you do them yourself. That’s a great mentality when your company is just you and your clients and managing…

The Future of Outsourcing

20 Feb: The Future of Outsourcing: Executive as a Service

You’ve got a successful business. The team is in place, product is moving toward market, and now you’re looking at the runway thinking “how do I get this thing off the ground?” What you’re looking for is a boost to exponentially increase your growth potential for the coming months. It’s time to build your executive team. Enter the new Executive… Executive-as-a-Service, a fresh style of consulting practise, is the answer to many of your concerns for the growth of your tech start up. As we’ve seen in previous blog posts, accessing external resources can be a tremendous asset to your…