Blog
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How A CFO Adds Strategic Value Across Key Industries
At its core, the role of a CFO is universally necessary across industries, as it includes financial strategy, compliance, and performance optimization. However, the demands of different sectors require a nuanced approach, with CFOs adapting their strategies to address specific...
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5 Common Financial Reporting Pitfalls Your Business Should Avoid
Financial reporting can be complex, which means that even the most well-versed professionals can–and will–occasionally stumble. Many common mistakes can have significant implications for your business. Whether you're a qualified accountant, an experienced auditor, a C-level executive, or a business...
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Turning Data into Decisions: ProCFO Reports and What The Numbers Really Mean
Financial reports are essential tools for understanding the health of your business, but too often, they feel more like a puzzle than a roadmap. While they’re packed with valuable data, that information is often scattered, unclear, or disconnected from the insights leaders need to make...
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Five Ways to Know Your Business Is Ready for a Fractional CFO
Running a small- to medium-sized business is rewarding, but it can also be overwhelming—especially when it comes to managing your finances. You’ve got invoices to send, cash flow to track, and strategic decisions to make, all while trying to grow...
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How to Futureproof Your Financial Systems
Financial systems are a major investment in time and funds, from the moment they are purchased, planned, and implemented. Futureproofing these systems is the safest way to protect your financial management infrastructure, ensuring that all platforms are robust, scalable, adaptable,...
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Choosing and Implementing the Right ERP System for Your Business
Enterprise Resource Planning (ERP) systems should simplify and integrate business operations, making life easier for your business by unifying processes like accounting, sales, and supply chain management into a single platform. That's the idea, anyway - if only it were...
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Where to Focus Now and Next Going Into 2025
As 2025 gets closer, many of us face it with a mix of enthusiasm and trepidation. There's a lot happening as 2024 comes to a close that will impact us, but that we can't control. Dynamics that can make the future seem overwhelming. But here's the thing: you don't need to...
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The Ripple Effect: How ProCFO Partners and MENTEE Are Supporting Connection and Education
Nonprofits play a vital role in addressing some of the world’s most pressing challenges, but their work often comes with unique obstacles. Unlike for-profit organizations, which can lean on established infrastructure and resources to scale, nonprofits frequently find themselves stretched...
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The Thought Collective: How Collaboration Helps You Create The Next
Businesses today need more than just a traditional CFO to manage finances. What truly sets a company apart is access to strategic insight, innovative solutions, and a team of experienced professionals who can navigate financial complexities. At ProCFO Partners, we...
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The Hidden Drift: Does Your Business Model Match Your Reality?
For many businesses, the business and revenue models they started with are no longer what they're running. Over time, the day-to-day realities of operations, client demands, and market changes drift away from the original vision - and if you're not...
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The Blueprint for Success: Best Practices for Construction Accounting
Mastering the Unique Challenges of Construction Accounting Construction accounting requires different practices than traditional financial management. Projects in this industry are often long-term and complex, which means that cost tracking, revenue recognition, and financial oversight must be more detailed and...
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The Difference Between an Expert CFO and a Controller
The rise of the fractional CFO market has provided businesses, especially small to mid-sized companies, with access to high-level financial expertise without the need for a full-time commitment. However, with this increasing adoption, it becomes crucial for business owners to...