The threat of rising interest rates and the ongoing economic uncertainty have left businesses reevaluating spends and operating frugally. And, with conscious spending taking over the consumer mindset, customers are now postponing new purchases or subscription renewals unless it’s essential. While it may be challenging to acquire new customers, it’s not impossible to ride out …
There are no small pricing experiments, only small revenues.
Everything you need to power through your 2022 ambitions: Strategies, stories, and a round-up of major feature releases from 2021.
Payment Reconciliation – Process, Best Practises & How to Automate it? Well, somewhere, a finance team is experiencing issues with their reconciliation right now. Whether that be discovering manual errors or realizing that something is missing because of a time zone difference, it is never a dull moment when it comes to reconciliation, especially if …
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Building and scaling the Finance function early creates a culture of data-centric decision-making as well as continued experimentation on growth. This balance of structure with chaos is particularly critical for the thrival of a hyper-growth company.
Monitoring a company’s cash flow is a quick way to understand how well the business is doing. But there can be different metrics in revenue reporting. Accurately reporting revenue may get tricky as subscription businesses expand and customize their offerings. The amount of revenue that may be earned in a given period may not be …
Continue reading “Understanding Revenue Recognition Methods”
The financial controller’s role is constantly evolving. Strategic controllers are critical to the growth of a business. So what does it take to be a modern controller?
What is Account Reconciliation? Account reconciliation is an essential part of accounting, and it’s something that everyone in the financial team has to deal with – from the controller to the accountants. Reconciliation is simple: it’s the process that compares internal financial statements against external statements from a bank or other financial institution, making sure …
Account reconciliation is crucial for the financial health of every business. Here are the best tools for account reconciliation automation to ensure accurate financial records.
Freedom has always been the cornerstone of technology. And yet, there is no freedom without choice. During a District Court trial in California in May this year, the judge asked Apple – why not allow users a choice in how they pay for digital goods offered in-app on the App Store? Later in the September …
Continue reading “Apple Tax and the Choice Conundrum for Mobile Apps”
How can you read the tea leaves and see into your company’s financial future, especially when it comes to the rise of subscriptions? As David Appel, the Head of Subscriptions & SaaS Vertical at Sage Intaact, cloud-based financial management, and services company, said, the future macro trends are already playing out in today’s market. “You’re …
It’s a regular Tuesday morning. Or at least you think it is until you realize it’s the end of the month, and it’s time to verify and send all of your invoices for the month manually.