Spreadsheet financial models for SaaS companies stink, whether built in Microsoft Excel or Google Sheets. There, we've said it. That doesn't mean that spreadsheet models don't provide some value in the very beginning stages of a SaaS business or that the talented people who created them are bad at what they do ..read more

Sometimes for business owners, pushing your business into growth mode feels like being stuck in the mud. You think you're gaining traction but suddenly you find yourself sliding right back into the muck ..read more

Have you ever stopped to wonder if the staff you have running your firm's finance function is helping or hurting? You might be surprised to learn that the model used to manage accounting in most small businesses is flawed. It’s important to understand these common deficiencies so you can take corrective action to gain financial insights that will help unleash your growth. To investigate further, let’s turn to a less obvious body of research, medical errors.  ..read more

Raise your hand if you're a nonprofit executive director (or you serve on a nonprofit board) and have a long list of mission-advancing ideas but scarce resources to make them a reality. Keep it in the air if your board has limited financial information upon which to base its guidance/counsel ..read more

SaaS metrics software - also known as subscription billing management software or recurring billing software - should be one of the most powerful weapons in a SaaS CEO's arsenal. The complexities of managing subscriptions are real and the costs of poor subscription management are substantial. Moreover, the SaaS-specific metrics or key performance indicators (KPIs) these systems are capable of producing can be game changing for a management team and board of directors ..read more

Now more than ever, startups and corporates are looking for ways to run lean. There is pressure to make cuts to staff and outsource when possible, and this has led to a trend of hiring virtual CFO services over the more traditional in-house full-time CFO ..read more

Your SaaS business is gaining traction and you’re outgrowing the basic accounting software that’s gotten you this far. With recurring and non-recurring revenue streams, varying contract terms, and higher volume, revenue recognition has become a real challenge ..read more

Your Virtual CPA (certified public accountant) is a crucial part of your finance team. They must turn a year’s worth of accounting entries into final yearend financial statements that ultimately lead to the smallest possible tax liability. It seems as though there's a CPA on every corner. But they're not all created equal. The challenge is how to find a Virtual CPA with the right experience and knowledge for YOUR business.  ..read more

As a business owner, it’s natural to be hesitant to hand over the reins of your accounting processes and financial reporting to an outsourced virtual bookkeeping firm. You trust your in-house bookkeeper to file the taxes, get the bills out on time and do a reasonable job of collections. Reports may lack detail, but the control is comfortable and supports a steady pace.    ..read more

As operators, we know how many balls a small business owner needs to keep in the air. Sales, operations, crisis management, and the crucial yet often neglected realm - financial administration. This is where the services of a virtual CFO can prove invaluable. Days are spent on your core business operations, leaving nights and weekends for administrative tasks such as preparing the reporting required for your board, equity/debt stakeholders, and your own management purposes ..read more