Evolving Employee Experience Expectations in 2024 Creating an exceptional employee experience is more than a one-and-done endeavor. As people, markets, and the world around us change, so do employee expectations. Evaluating these shifts and what you need to do to not only create but sustain an optimal environment for your workforce is beneficial to your business. Here, we examine evolving employee experience expectations in 2024 and how to navigate them. Pay Transparency and Compensation Strategy Nine states and several major cities have enacted pay transparency laws to date, and many more are ..read more

Miranda Murphy is an accomplished HR partner with eight years of experience establishing business relationships and managing an array of HR responsibilities. She has expertise in HR policy development, compensation and benefits, employee relations, and compliance, as well as assessing business needs and implementing solutions. Miranda’s HR career began at CH2M Hill, handling HR, benefits, and payroll transactions. She then joined Brown and Caldwell, overseeing new employee training and small group learning for company leaders. Following this, Miranda spent two years at Integrity Locums as HR ..read more

Generative AI is Here. Are Your Policies Ready? If you’re a business owner or executive who doesn’t yet fully understand generative AI, you may be adopting a wait-and-see approach before establishing a policy regarding its use in your workplace. Generative AI, however, is not waiting around and has likely already made its way into your business in some form or another. Here, we examine what generative AI is, the benefits and risks, and considerations for creating a generative AI policy that positions the technology to work for your business, not against it. What is Generative AI? Generative AI ..read more

The Importance of HR Involvement Early in M&A Evaluation In each of the last ten years, between 18,000 and 25,000 mergers and acquisitions (M&A) deals have taken place in the United States. At the same time, Harvard Business Review notes that 70%-90% of all M&A deals fail. Many companies become a casualty of that latter statistic when they do not get HR sufficiently involved in the early evaluative phases of M&A activity and only engage HR at a surface level during due diligence or even after deal signature. This happens because there’s a tendency for leaders assessing M&A ..read more

vcfo introduces Merle Waterman as our inaugural Fractional Integrator, Entrepreneurial Operating System®. Merle Waterman is a Consulting CFO with more than 30 years of leadership in ecommerce, software, manufacturing, and professional services. Expert at guiding fast-growing start-ups, Merle specializes in helping companies improve their “people operating system” to build profitability. Merle often works as an Entrepreneurial Operating System® (EOS) integrator, stepping in to help firms execute EOS to get everyone pulling in the same direction. A people-person with an incredibly diverse indust ..read more

vcfo is proud to sponsor the Entrepreneur Of The Year® 2024 Award. A returning regional sponsor in the Gulf South program, which includes Central and South Texas, Louisiana, and Mississippi, this award highlights ambitious founders and leaders whose endeavors demonstrate an entrepreneurial spirit, growth, purpose, and impact. “It’s exciting to be part of the nominating committee for entrepreneurs to tell their story on this best-in-class business award platform,” says Ken Doward, Managing Director for vcfo’s Austin market. The Entrepreneur Of The Year program celebrates the most accomplished b ..read more

Embarking on the journey of selling your business is a pivotal moment for any entrepreneur. For many business owners, their enterprise stands as the cornerstone of their financial portfolio, representing the lion’s share of their net worth. In much the same way as, diversifying investments is a prudent strategy to mitigate personal risk, strategizing the sale of your business well in advance is an integral step toward securing your financial future. This blog explores how adopting a proactive approach to business exit planning can significantly reduce personal risk and pave the way for a succe ..read more

Deferred Revenue – How to Handle it and How it Affects Your Business We missed on revenue… our cash flows are strapped… we’re really at risk on this. None of these are phrases a CEO or business owner wants to hear. When they do hear them, it very well could be a result of deferred revenue issues coming to the surface. Here, we take a look at what deferred revenue is, how it affects your business, and how to effectively manage it. What is Deferred Revenue? Deferred revenue refers to payments received by a company for products or services ahead of those products or services being completely deli ..read more

As we step into 2024, here’s a look back at some of last year’s most popular blogs from our expert finance, accounting, and HR consultants: Five Key Aspects of Accountability in Business Authored by Rainee Busby, Certified EOS Implementer® and Franchisee with EOS Worldwide In this post, we examine the importance and challenges of embracing accountability in a business and weaving it into one’s culture. Consistent use of systems like EOS Worldwide is key to establish a lasting culture of accountability. Compensation Strategy and Philosophy Best Practices Authored by Jeanine Pollard, Senior ..read more

As Year-End Approaches, Finish Strong and Focus Forward As another year ends, most CEOs and business leaders are preparing to take stock of what needs to be done to strengthen their business and advance their business goals in the coming year. While “taking stock” can take many forms, the overriding premise is to look deeply and strategically at the results of operations, as well as opportunities they might execute on. Finish the year strong. Identify opportunities for operational improvement and incorporate strategic adjustments in the planning for the year ahead. Finishing Strong Evaluate Ye ..read more