Finance


Jul

17

2018
Who Wants More Accountability and Cost Savings? Use Standard Operating Procedures to Document Operations

Who Wants More Accountability and Cost Savings? Use Standard Operating Procedures to Document Operations

How one Interim Executive puts operations under a microscope by creating processes and standard operating procedures to bring accountability and cost savings to companies. At Cerius, one of the top questions we get asked is who are these interim executives? Like paratroopers, they are ready to drop in with a phone call, and are ready to step in and help wherever needed. Creating standard operating...

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Jun

26

2018
4 Budgeting Tips Followed by an Interim CFO

4 Budgeting Tips Followed by an Interim CFO

The key to following a budget is not so much about discipline, but about creating one you can follow in the first place. These 5 budgeting tips used by Interim CFO’s will tell you how to do that. Every good business has a budget, but not all can stick to it. The trick to staying on track is having a realistic budget that has the...

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Jun

18

2018
Challenges that a Finance Organization Run Into

Challenges that a Finance Organization Run Into

In this episode we are joined by interim executive Bill Hegeman. He shared different challenges and signs of trouble to look out for in companies gleaned from his decades of experience in executive positions. Bill gave us a little bit of background on how he became an interim executive in finance organizations: I started at a Fortune 500 company, did all their back office accounting, taxes,...

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Jun

16

2018
The Role of a CFO

The Role of a CFO

Everybody knows who a CEO is and many have heard of a CFO. Yet there is some mystery around what the role of a CFO is outside of financial actions. People who deal with B2B transactions often hear, “I’ll have to run that by my CFO” or “If our CFO doesn’t approve this, we won’t proceed.” The CFO holds one of the most important positions...

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Jun

07

2018
Adding a Success Fee to Fee Structuring

Adding a Success Fee to Fee Structuring

Consider adding a success fee to projects with small budgets with potential for savings As you have seen, not all projects are created equal when it comes to how to quote fees for a project. The structure that is right for your situation will also depend on many factors. Typically, projects such as assessments and strategic planning can be done on a flat-fee basis. When there...

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May

20

2018
3 Key Pieces Of Advice On The Finance Department From An Interim Finance Executive

3 Key Pieces Of Advice On The Finance Department From An Interim Finance Executive

An organized finance department translates to a strong organization Interim executives step into companies at times of crisis. Facing challenges and solving problems is what they’re good at. Although their role is brief, they have the power to transform and bring companies out of trouble or ease a transition. Each organization faces a unique set of challenges – some can be prevented with simple measures...

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May

17

2018
3 Myths about Budgets for Small Businesses

3 Myths about Budgets for Small Businesses

Small businesses owners have a bad impression of budgets. They feel that they can be left until the end, are suffocating and set in stone. All of these things aren’t true. 1. Budgets can be left to the end A common myth is that you should leave all the financial stuff until after you’ve finished making your business plan. That’s a mistake because your plan...

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May

15

2018
How Consistent Financial Information Can Be an Asset for Your Organization

How Consistent Financial Information Can Be an Asset for Your Organization

In this episode, we are joined by interim executive Bill Hegeman. He shared different challenges and signs of trouble to look out for in companies gleaned from his decades of experience in executive positions. He told us some of the ways he is bringing an impact in his current assignment by stressing importance on financial information: When I came here cash was extremely tight and even...

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May

14

2018
Challenges in a Financial Organization faced by Interim Executives

Challenges in a Financial Organization faced by Interim Executives

Challenges faced by financial organizations are worlds apart from other companies Interim executives step into companies at times of crisis. Facing challenges and solving problems is what they’re good at. Their brief role in financial organizations and others have the power to transform them and bring them out of trouble or ease a transition. Each financial organization has a unique set of challenges, but there...

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May

09

2018
Why You Should Do Both Short-term and Long-term Budgeting

Why You Should Do Both Short-term and Long-term Budgeting

Budgeting your cash flow depends on the forecasting of future expenses and revenue. To help you predict those values, there are multiple models and programs that take historical data and future plans into account to forecast approximate figures. Forecasting for your budget can be calculated for both the short or long-term. Each time period has its own benefits and using a combination of the two...

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