Category Archives: Risk Management

The Benefits of Forming a Captive Insurance Company

This week’s article is by John W. Braine, Partner, CFO Edge, LLC. Challenges presented by current business insurance offerings can include coverage gaps, exclusions and uncontrolled premium changes. Companies who form, own and control their captive insurance company establish a … Continue reading

Posted in Business Insurance Coverage, CFO Services, Corporate Governance, Los Angeles, Risk Management | Tagged , , , , , , , , , | Leave a comment

The Benefits of Bank Treasury Management Tools

This week’s article is by Arthur F. Rothberg, Managing Director, CFO Edge, LLC. The many benefits of bank treasury management tools are just as compelling as the benefits of accounting and other software programs that small and mid-sized businesses use. … Continue reading

Posted in AR & AP Management, Bank Treasury Management, Cash Flow, CFO Services, Fraud Prevention, Los Angeles, Purchase Cards or P-Cards, Risk Management | Tagged , , , , , , , , , , , , | Leave a comment

BAT & Tax Reform: How You Can Prepare

This week’s article is by Mark S. Becker, Partner, CFO Edge, LLC. Among tax reform ideas floated by the new administration and Republicans in Congress is a border adjustment tax – or BAT – that would incent American companies to … Continue reading

Posted in Border Adjustment Tax - BAT, Cost Analysis, Financial Regulations, Los Angeles, Outsourced CFO Services, Risk Management, Tax Code, Tax Compliance, Tax Strategy | Tagged , , , , , , , , , | Leave a comment

Building Resilience: The Role of the Finance Department

This week’s article is by John W. Braine, Partner, CFO Edge, LLC. With cybercrime and other major business disruptions increasing in frequency and scope, an essential strategy is to make building resilience the role of the finance department. With its … Continue reading

Posted in Accounting & Finance Departments, CFO Services, Data Security, Disaster Recovery Planning, Financial Leadership, Financial Strategy, Los Angeles, Risk Management | Tagged , , , , , , , , , , , | Leave a comment

Managing Through a Finance Department Transition

This week’s article is by Mark S. Becker, Partner, CFO Edge, LLC. When a finance department leader departs in an unexpected and sudden manner, the lack of time to prepare for a transition presents multiple challenges. It may be that … Continue reading

Posted in CFO Services, Financial Leadership, Los Angeles, Risk Management, Strategic Planning | Tagged , , , , , , , , , , , | Leave a comment

Cybercrime: A Growing Risk for Businesses & CFOs

This week’s article is by John W. Braine, Partner, CFO Edge, LLC. With roles of CFOs traditionally including oversight of risk management and keeping company assets safe, cybercrime’s continually growing risk significantly impacts finance departments at many businesses. Reviewed in … Continue reading

Posted in CFO Services, Cybercrime & Cyberattacks, Data Security, Disaster Recovery Planning, Los Angeles, Risk Management | Tagged , , , , , , , , , | Leave a comment

How to Minimize Risks in Family Business Succession

This week’s article is by Arthur F. Rothberg, Managing Director, CFO Edge, LLC. When considering passing their businesses to family members, owners should be aware of risk factors and understand how to minimize risks in family business succession. Succession risk planning … Continue reading

Posted in CFO Services, Estate Planning, Exit Planning, Family Businesses, Los Angeles, Risk Management, Succession Planning | Tagged , , , , , , , , | 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

The CFO as Your Company’s Risk Manager

This week’s linked article is by Michael K. Menerey, Partner, CFO Edge, LLC. As new companies move through the startup phase to become viable and growing operations, there can be a tendency to let one’s guard down or ease up. … Continue reading

Posted in Business Insurance Coverage, CFO Services, Enterprise Risk Management - ERM, Financial Strategy, Los Angeles, Risk Management | 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