Episode 7: What is the best finance/accounting tools for the transition from a small to medium sized business.

 

In Episode 7 of #ASKaCFO James Vanreusel discusses more corporate finance questions focusing this week on finance and accounting tools for small to medium sized business.

My job as a CFO is to pay very close attention to every expense, so adding a new tool for a growing business must meet one of these 3 criteria.  Will it put out a fire, can we afford it, and how will it grow my business.  In my own business I allow for a 2-3 month trial period…if the problems not solved by that software then expense goes to the chopping block.  

Keeping a simple list can help keep all of your tech in one place.  Another great practice is every quarter reviewing your subscriptions and making sure they are all beneficial and serving a purpose- otherwise, off they go!

The #1 Key to Creating a Thriving Business takes you through the challenges of growing and scaling your company, from first to last. And you can request your copy here – no hidden fees, no strings.

Get your Free Book

Whatever stage you’re at in business, you need to be all over the numbers. In posts like this, we aim to offer bite-size food for thought – but in a few hundred words, we can only do so much.

If you’re ready to build your financial muscle, how about a FREE copy of James Vanreusel’s (highly-acclaimed) book for CEOs?