Category Archives: Financial Operations

The Limits of DIY: When to Use an Accounting Professional

This week’s post and linked full PDF are by Michael K. Menerey, Partner, CFO Edge, LLC. As widespread and preferable as it sometimes is, a do-it-yourself approach is not always best in business – especially in business finances and accounting. When … Continue reading

Posted in Accounting & Finance Departments, AR & AP Management, Cash Flow, CFO Services, Financial Infrastructure, Financial Operations, Los Angeles | Tagged , , , , , , , , , , | Leave a comment

All About Budgeting: Common Challenges and Solutions

This week’s post and linked full PDF are by Mark S. Becker, Partner, CFO Edge, LLC. From being the financial blueprint to providing views into capital availability and profitability, the budget is one of the most important elements for driving and … Continue reading

Posted in Business Budgeting, Cash Flow, CFO Services, Financial Operations, Financial Reporting, Financial Strategy, Los Angeles | Tagged , , , , , , , , , , | Leave a comment

Robotic Process Automation: The Future of Digital Technology

This week’s post and linked full PDF are by John W. Braine, Partner, CFO Edge, LLC. In our recent article, The Need to Bring Finance & Accounting into the Digital Age, we looked at how important it is for finance groups … Continue reading

Posted in Accounting & Finance Departments, Accounting Systems Design, Cost Cutting Strategies, Finance & Digital Technology, Financial Operations, Financial Strategy, Financial Trends, Los Angeles, Risk Management | Tagged , , , , , , , | Leave a comment

Key Steps to Building a High-Performance Finance Staff

This week’s post and linked full PDF are by Mark S. Becker, Partner, CFO Edge, LLC. Given increasingly important finance department contributions to overall strategic direction, it is critical to know and apply the key steps to building a high-performance finance … Continue reading

Posted in Accounting & Finance Departments, Employee Motivation, Employee Retention, Financial Leadership, Financial Operations, Financial Strategy, Los Angeles | Tagged , , , , , , | Leave a comment

Now is a Good Time for An Annual Business Checkup

This week’s post and linked full PDF are by Howard Goldman, Partner, CFO Edge, LLC. As with a once-a-year proactive visit to a doctor for a health checkup, now is a good time for an annual business checkup. Doing so … Continue reading

Posted in Benchmarking, Business Health & Checkup, CFO Services, Financial Operations, Financial Reporting, Financial Statements, Financial Strategy, Los Angeles, Operational Analysis, Performance Measurement, Risk Management | Tagged , , , , , , , , , , | Leave a comment

The Hidden Costs of Accounts Payable Processing

This week’s post and linked full PDF are by Arthur F. Rothberg, Managing Director, CFO Edge, LLC. The hidden costs of accounts payable processing may not occur to all Los Angeles and Southern California business leaders, but their presence erodes … Continue reading

Posted in Accounts Payable, AR & AP Management, Cash Flow, Cash Management, CFO Services, Cost Cutting Strategies, Credit Management, Financial Operations, Los Angeles | Tagged , , , , , , , , , , , | Leave a comment

Trust, But Verify Your Processes & Procedures

This week’s article is by William K. Thorpe, Partner, CFO Edge, LLC. Los Angeles and Southern California executives can benefit from financially and operationally applying a three-word phrase used by President Ronald Reagan in the 1980s: “Trust, but verify” your … Continue reading

Posted in Accounting & Finance Departments, CFO Services, Corporate Governance, Embezzlement, Financial Operations, Fraud Prevention, Los Angeles | Tagged , , , , , , , , , | Leave a comment

The Importance of Proper Financial & Operational Infrastructure

This week’s post and linked full article are by Sherry Rahbar, CFO Edge, LLC. When Los Angeles and Southern California entrepreneurs start their companies, daily activity can many times be run in a “seat of the pants” and less formal … Continue reading

Posted in CFO Services, Financial Infrastructure, Financial Operations, Financial Statements, Growth Strategies, Los Angeles, Operational Infrastructure | Tagged , , , , , , , , , | Leave a comment

Should You Use CapEx or OpEx for IT Investments?

This week’s post and full article are by Sherry Rahbar, Partner, CFO Edge, LLC. Whether Los Angeles and Southern California executives should use CapEx or OpEx for IT investments is dependent on weighing the pros and cons of both. While … Continue reading

Posted in Capital Expenses (CapEx), CFO Services, Cloud Computing, Cost Cutting Strategies, Financial Operations, Los Angeles, Operating Expenses (OpEx) | Tagged , , , , , , , , , , , , , | Leave a comment

Five Ways to Turn the Finance Department Into a Transformation Agent

This week’s post and full article are by John W. Braine, Partner, CFO Edge, LLC. A challenge for Los Angeles and Southern California CFOs and senior finance executives is to leverage their status and influence inside their companies in a … Continue reading

Posted in Financial Operations, Financial Strategy, Growth Strategies, Los Angeles | Tagged , , , , , , , , | Leave a comment