Everyone who works in finance quickly discerns the value of cash. It doesn’t take a genius to figure out that cash is what keeps your business alive. Some people might even say that cash is king. What isn’t always clear is that there are many different ways to understand how cash affects your business.Continue Reading
Procurement managers are pros when it comes to negotiating deals down to the penny, working closely with suppliers to secure terms that place them at a strategic advantage.Continue Reading
Nonprofit organizations cannot function effectively without assembling a competent board. Small organizations are likely to have one person responsible for this humongous task, whereas bigger organizations normally have what is termed, a “board development committees”.
Is your finance team tired of dealing with manual and time-consuming work tasks? In most cases, financial directors, accountants and other members of a company’s financial team often get swamped with tedious manual work. If your daily activities include updating excel spreadsheets and compiling manual weekly or end-of-month reports, you need to consider automation.
Every year your NGO’s financial report presents the same problem: funds have mysteriously disappeared. Your NGO faces the same financial problem again and again and will slide down the Global Journal rankings. You wonder why funds disappear without covering all overhead costs. This doesn’t make sense at all, as your finance department is made up of a team of honest people. You believe that theft and fraud are beneath all of them. Continue Reading