Monthly Archives: November 2016

Making the Finance Department a True Team Player

This week’s linked article is by Michael K. Menerey, Partner, CFO Edge, LLC. In some organizations, the finance department is viewed by other groups as a necessary evil: continually nagging with requirements on how things should be done or for more … Continue reading

Posted in Accounting & Finance Departments, Financial Communication, Financial Leadership, Los Angeles | Tagged , , , , , , , | Leave a comment

The Benefits of Establishing Strong Vendor Relationships

This week’s article is by Mark S. Becker, Partner, CFO Edge, LLC. Viewing vendors as partners and consistently seeking win-win outcomes help deliver the many benefits of strong vendor relationships. Even in successful long-term relationships, periodic vendor reviews are needed … Continue reading

Posted in Accounts Payable, AR & AP Management, CFO Services, Credit Management, Los Angeles, Supply Chain Management, Vendor Relationships | Tagged , , , , , , | Leave a comment

Should You Consider Implementing Project-Based Accounting?

This week’s linked article is by John W. Braine, Partner, CFO Edge, LLC. Project-based accounting (or PBA) is frequently applied by project-based businesses in manufacturing, construction, professional services and government-contracting sectors. Contrasted with standard accounting, expenses and revenue are tracked … Continue reading

Posted in Accounting & Finance Departments, Accounting Systems Design, Activity-Based Costing, CFO Services, Financial Planning & Analysis (FP&A), Financial Reporting, Los Angeles, Project-Based Accounting | Leave a comment

The Importance of Checking a New Client’s Creditworthiness

This week’s linked article is by Arthur F. Rothberg, Managing Director, CFO Edge, LLC. Bringing in a new client rightly generates excitement and positive experiences all around. But too often enthusiasm not accompanied by a routine new-client credit check can … Continue reading

Posted in Accounts Receivable, AR & AP Management, Cash Flow, Cash Management, CFO Services, Credit Management, Financial Policy, Los Angeles, Risk Management | Tagged , , , , , , | Leave a comment