The Signature Analytics Blog

Insights and resources, articles and news. We write about the issues you face, from cash-flow shortfalls to business advisory topics that span industries. Grab a cup of coffee and read on…

How to weather-proof your business for a possible recession

News, Video

The economic downturn is here, and with it comes the possibility of a recession. While it’s impossible to predict exactly what the future holds, it’s important for businesses to take steps to weather-proof their operations in order to prepare for the worst. While there’s no one-size-fits-all approach, there are certain steps that business owners can […]

Outsourced Accounting for Construction companies

Effective Job Costing, Project Tracking, and WIP Management for Construction Companies

News

Do you know what your profitability is at the project level? For many construction company owners, the answer is a resounding, “sort of.” At Signature Analytics we know that understanding your Job Costing, Project Tracking, and WIP Management…

The Nonprofit MBA Podcast

News, Nonprofits, Podcasts

What Nonprofits Need to Know to Breeze through Annual Audits Featuring Jason Kruger on The Nonprofit MBA Podcast Read the Executive Summary or Listen to the Podcast HERE: What Nonprofits Need to Know to Breeze through Annual Audits .embed-container…

Rethinking Real Estate Costs in a Slowing Economy

News, Video

In the ever-shifting business landscape, one of the significant overheads that organizations grapple with is real estate costs. The lingering impacts of the COVID-19 pandemic have redefined the traditional workspace model, prompting companies…

Outsourced Accounting Overview: How to Find the Right Company for You

News

Outsourced accounting has become an increasingly popular option for businesses looking to streamline their financial and accounting functions. By outsourcing, businesses can access the expertise of accounting professionals without the costs…

Managing Technology Costs [VIDEO]

News, Video

Technology costs can be the secret drain of cash in any business. The slow incremental (or sometimes rapid) rise of technology costs can occur under the radar of even the most vigilant CEO. At Signature Analytics, we recently conducted a…

How Outsourcing Accounts Payable Can Streamline Your Business

News

Outsourcing accounts payable is a popular choice for businesses aiming to streamline their financial processes. By delegating this task to a third-party provider, companies can save time, reduce costs, and improve accuracy. However, accounts…

Unlocking Business Growth with Outsourced Bookkeeping

News

As a business owner, you know that managing your finances effectively is essential for success. However, handling bookkeeping in-house can be time-consuming, complex, and costly. That's where outsourced bookkeeping comes in. For many business…

Close-up of two businesswomen calculating financial statements at a desk.

What is the True Cost of Outsourcing Accounting?

News

Outsourcing accounting services has become increasingly popular among businesses due to its cost-effectiveness and improved results, enabling businesses to focus on their core competencies while delegating accounting tasks to external experts.…

Manufacturing and Distribution Inventory as a Non-Cash Asset [VIDEO]

News, Video

The health of any manufacturing or distribution enterprise is determined not just by the number of products it sells or the revenue it generates, but also by its efficiency in managing assets. Chief among these assets is inventory. Yet, despite…

The Goldilocks Zone of Reporting: Not Too Much, Not Too Little, Just Right

News

Running a successful business requires making informed decisions, and accurate financial reporting is a crucial part of that process. However, sifting through mountains of data to identify key insights can be overwhelming, and insufficient reporting…

How Much Should I Pay to Replace My VP of Finance?

News

And other accounting roles, responsibilities and costs: Employee turnover can be a disruptive and stressful experience for any business owner. Losing a key member of the finance or accounting team can have significant operational…

Analyzing Employee Utilization Rates to Drive Profitability for Professional Services Firms

News, Video

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Business owner waiting for the month end close

How Long Should I Wait for My Monthly Close?

News

As a small to mid-market business owner, you rely on timely and accurate financial reporting to make informed decisions about your business. However, if your accounting team is struggling to keep up with your monthly close, it can be frustrating…

How Your Day-To-Day Accounting May Be Killing Your Profitability

News

Running a successful business involves more than just generating revenue and making sales. Accounting is a critical aspect of business operations, but it is often overlooked or not given the attention it deserves, especially by small and medium-sized…

How to transition your business from cash to accrual accounting (and why)

News

Accrual vs Cash vs GAAP Accounting: For small business owners, there is a choice to be made between cash basis accounting and accrual accounting. Larger corporations, however, are required by the IRS to utilize accrual accounting. As a business…

Outsourced vs. In-House Accounting

News

The decision of whether to outsource your accounting or keep it in-house is an important one whatever the size of your business. Did you know that most business owners rank their accountant as the #1 most important job to their success? Accountants…

Compliance and Private vs Public Construction JobsDecember 1, 2023 - 8:34 pm
Understanding the complexities of private and public construction jobs is crucial for contractors, as Zak Krauss and Brandon Manning explain in their insightful discussion. Public projects, in particular, bring a unique set of challenges and financial considerations, chiefly due to prevailing wage regulations and union interactions. Prevailing Wage Prevailing wages significantly impact the bidding and […]
How to Maximize Cash Flow for Your Professional Services CompanyDecember 1, 2023 - 8:38 am
As a professional services company, cash flow is crucial to your success. Whether you’re in marketing, advertising, HR, IT, law, or any other professional service, managing your finances effectively is essential for sustainable growth. That’s where Signature Analytics comes in. As a leading provider of outsourced accounting services for professional services companies, we have the […]
Controller vs CFO: 3 Key DifferencesNovember 30, 2023 - 7:41 am
Though 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, […]
Estimating Costs for Construction Businesses: Knowledge is PowerNovember 26, 2023 - 7:59 pm
The Importance of Work-In-Progress Reporting Join Zak Krauss and Brandon Manning as they explore the intricacies of estimating costs for construction businesses. Their main focus is the importance of work-in-progress (WIP) reporting. Any seasoned construction business owner will tell you that understanding project budgets and estimated cost of completion is crucial. It’s more than […]