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The business value of getting your month-end close process right
Accounting & Financial Analysis, NewsMonth-end close is a source of stress for many growing and mid-sized accounting departments and their C-Suites. It’s a race against the clock to get the timing and useability right. For the C-Suite, the real-time nature of the month-end close provides actionable insights into their business’ operations and financials. These insights lead to better-informed decisions […]
How to Use Financial Gap Analysis
Accounting & Financial Analysis, Accounting News & Guidance Updates, News, Technical Accounting & ReportingA gap analysis is a tool that companies use to compare their current financial performance with their target performance. Business owners and managers can use this information to not only identify any financial gaps but to better understand how to overcome them and find the best course of action towards the company’s financial goals. The […]
Controller vs CFO: 3 Key Differences
Accounting & Financial Analysis, NewsThough the Chief Financial Officer (CFO) and the financial controller work closely together, they have significantly different roles within a company. The biggest distinctions can best be described by breaking down the operations and responsibilities of each role. In this article, we’ll look at the three key differences between these positions. We’ll address their scope, […]
Maximizing the value of your business before a sale
News, Planning for successBenjamin Franklin said “By failing to plan, you are preparing to fail”, and nowhere is this more evident than in preparing to exit your company. If you own a business and have NOT thought about how you’ll exit, now is a good time to create a plan. Whether you intend to sell your business in […]
Financial Metrics: Master the Language of Business
Accounting & Financial Analysis, News, Technical Accounting & ReportingBusiness owners have access to myriad of metrics and data, but what is important? What financial metrics are the RIGHT metrics to track in order to make smarter business decisions? In this article, we review the most important financial metrics that business owners should track in order to make informed decisions in their businesses. In […]
Top 6 Accounting Best Practices Your Business Should Follow
Accounting News & Guidance Updates, NewsKnowing the building blocks for effective managerial and financial accounting is critical for any company’s financial health. Following and implementing good accounting methods will help you make informed decisions and provide your business with financial stability and growth. In this article, we will look at the six best accounting practices your business should follow 1. […]
Cash Flow Management for Nonprofits
Accounting News & Guidance Updates, Cash Management & Forecasting, News, NonprofitsWhen it comes to managing the finances of a nonprofit, cash flow is essential to both operations and future-facing decision-making. Understanding cash flow reporting, however, can be challenging for accounting teams, boards of directors, and leadership for many reasons. Cashflow at its most simple is the inflow and outflow of cash. Cash flow reporting means […]
Strategic Planning & Budgeting for The Year Ahead
Accounting & Financial Analysis, NewsQuarter four is the time for annual planning and budget development (if not before). It’s also the time of year when some CEOs realize that their budget last year might not have been entirely based in reality. If you have looked at your budget vs reality and realized that the two are only distantly related, […]
Accounting vs Finance: What’s the Difference?
Accounting & Financial Analysis, Accounting News & Guidance Updates, NewsBusiness owners need both accounting and finance to effectively run a profitable company. Many companies find that they have one or the other well in hand but are missing critical parts of a complete accounting and finance department. In this article, we outline the roles and responsibilities of accounting and finance teams, why they are […]
Signature Analytics Named an SDBJ 2022 Best Places to Work
Best Places to Work, Company Culture, Featured, NewsSignature Analytics is honored to have been named a 2022 ‘Best Place to Work’ by the San Diego Business Journal, and to be recognized amongst so many great companies in San Diego. Each year, the San Diego Business Journal’s Best Places to Work Awards program recognizes outstanding companies whose benefits, policies, and practices are among […]
Signature Analytics Welcomes New Market Leaders to the Team!
News, Signature Analytics Company UpdatesWe’re excited to be extending a warm welcome to these guys on our team and we’re thrilled about the collective expertise and experience that each one of these team members brings to our one-of-a-kind group.
Beyond Financial Management: Is Your CFO a Bookkeeper or a Strategic CFO?
Accounting & Financial Analysis, Cash Management & Forecasting, NewsMost often, when you start a business venture, money is tight. You are usually focused on pouring your savings to get the business up and running. While you’re busy managing the day-to-day aspects of running a business, you may overlook other tasks like developing sound processes and workflows that aid in the management of the […]
The Effects of Inflation and Roaring Economy On Businesses
Featured, NewsAs the world seemingly gets the coronavirus problem under control, the United States is at the front line of anticipating a new post-pandemic future. With the lockdowns and business shutdowns being a thing of the past, the next problem we have to deal with is nurturing the economy back up. Everyone is excited that the […]
3 Ways Outsourcing Accounting Can Improve Your Business
Featured, NewsFew people have the accountant’s touch when it comes to handling a business’s finances, and that’s okay. While you, as the executive, have likely spearheaded aspects of your accounting strategy out of pure necessity at this point, it may be time to update your processes and hand the strategy over to the experts. Instead of […]
What is Outsourced Accounting?
Accounting & Financial Analysis, Accounting News & Guidance Updates, NewsManaging the accounting function and financial reporting in a small or medium-sized business is an enormous undertaking for a growing team. Outsourcing your accounting needs gives you expert-level financial service and support to achieve your business goals. When you identify the need for a partner in your financial department and begin the accounting outsourcing process, […]