Paro is proud to partner with CPAmerica, Inc. for a series of events, starting with the Client Advisory Services Meeting August 6-8 in Salt Lake City. If you're a CPAmerica member and attending the event, stop by our booth to discuss how our staff augmentation solutions can help you build an efficient, profitable practice by giving you access to scalable, qualified talent and maximizing sought-after skills. We look forward to meeting you there! Learn more about the CAS event and others like it by visiting cpamerica.org. #CPAFirm #PublicAccounting #AccountingFirm #AdvisoryServices
Paro
Financial Services
Chicago, Illinois 44,170 followers
Harnessing the power of people and technology to empower businesses and professionals to go beyond.
About us
Paro is an AI-powered marketplace that delivers finance and accounting solutions to businesses through a combination of expert fractional talent, data-driven tools and guiding insights. By harnessing the power of people and technology, our growth platform provides flexible options, ranging from transaction processing support to corporate development and financing strategy, to solve core business challenges and drive growth. The result enables businesses and experts to go beyond even their loftiest goals. Paro is a remote-first company that plans time together. We have proven through our last few years of considerable growth that we can accomplish great things no matter where we work. As such, we operate a virtual-first hybrid model that enables employees to connect virtually and in-person with events that focus on DEI, mental health and fun. Additionally, to support our ambitious plans and teams, we hold events that bring teams together a few times a year for training, collaboration, innovation, networking and social connection. We currently hire from the following states: AZ, FL, IL, IN, MI, NJ, NV, NY, OH, PA, SC, TX and WA.
- Website
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https://paro.ai
External link for Paro
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- Chicago, Illinois
- Type
- Privately Held
- Specialties
- Accounting, Bookkeeping, Strategic Advisory, CFO Services, Financial Planning & Analysis, Business Systems & Process, Internal Audit & Assurance, Controller Leadership, Corporate Development, Corporate Tax Filing, Tax Advisory, Financial Modeling, Budgeting & Forecasting, ERP Implementation, Data Visualization, M&A, Fundraising Support, Financial Reporting, and Full Charge Bookkeeping
Locations
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Primary
343 W Erie St
Chicago, Illinois, US
Employees at Paro
Updates
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Is your company's spend management strategy in line with our economic reality? With the era of easy money behind us, robust data analytics isn't just nice to have—it's essential for survival. In our clip below, Paro's COO Saum Mathur talks about why cash flow optimization is more essential than ever for private companies. Watch the full video to get his 3-step framework he outlines for spend analysis: 💡 How to identify your high-spend, low-ROI areas 💡 The role of AI in pinpointing inefficiencies 💡 Why acquiring the right technology isn't optional anymore Don't let your runway run out. Learn how to extend it today. https://lnkd.in/gGyuHEgM #spendmanagement #dataanalytics #cashflow #ai #finance
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Don't let the new accounting standards catch your business off guard. Our latest cheat sheet breaks down the updates that will impact fiscal year 2024 financial statements. A skilled controller can be your invaluable resource to manage through these changes. They'll help you: • Assess impacts on your financials • Ensure proper documentation • Implement new processes • Stay ahead of future updates Download our free cheat sheet and keep your business compliant. https://lnkd.in/ggTisFmA #accountingstandards #compliance #controller #accounting #financialstatements
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Inventory management: easy to overlook, but always crucial. When supply chains are under pressure, it can make or break your business profitability. From valuation methods to shrinkage control, our carousel offers tips that apply whether you're grappling with cost hikes, material scarcity or logistical hurdles. Swipe through for a quick overview, then read the full article for comprehensive strategies to adapt your inventory practices. https://lnkd.in/gY7JcZwv #InventoryManagement #BusinessStrategy #SupplyChain #FinancialReporting #businessgrowth
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CPA firms: Is your audit approach ready for the PCAOB's proposed regulations? New requirements are coming, and they'll impact how you detect fraud, assess cyber risks and report on your operations. Are you prepared to: ➡ Adopt a truly risk-based audit approach? ➡ Meet enhanced fraud detection responsibilities? ➡ Disclose new metrics on auditor turnover and experience? Small and mid-sized firms may face particular challenges. But there's a solution: fractional talent. Learn how tapping into on-demand audit experts can help you: ✅ Access specialized skills ✅ Scale your operations ✅ Improve cybersecurity acumen ✅ Boost technological capabilities Don't wait for busy season. Act now to ensure your firm stays compliant and competitive: https://lnkd.in/g9PGfggb #Auditing #CPAFirms #PCAOB #FractionalTalent #Audit
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"You can't cost cut your way to prosperity." 💡 In this video, fractional CFO Gabriela R. shares invaluable insights on strategic cost optimization. Here's why this matters for your business: 🔹 Arbitrary cuts can harm long-term growth 🔹 Data-driven decisions are crucial 🔹 Alternatives to layoffs exist 🔹 Cost-saving should be a company-wide effort Don't let short-term pressures derail your long-term success. Find out even more how to optimize costs while keeping your business on the path to growth in our blog post: https://lnkd.in/gQJnd4Sn What's your take on strategic cost-cutting? Share your experiences with us below.
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Are you drowning in data but struggling to find meaningful insights? Our latest video provides tips to develop and track KPIs that actually help drive your business forward. ➡ Assign clear KPI ownership ➡ Implement agile data collection ➡ Establish regular reporting schedules ➡ Analyze, communicate, and act on results ➡ Periodically review and refine your KPIs Get more KPI tips in our full video, which covers everything from selecting the right metrics to S.M.A.R.T. goal setting: https://lnkd.in/gqnNFJgb #BusinessStrategy #KPIs #BusinessGrowth #Metrics #Finance
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Scaling a startup is tough. But with the right fractional financial expertise, startups can not just survive—they can thrive. Just ask Keyo, a biometric tech company that faced the classic startup challenge: managing cash burn while building infrastructure for scale. When Keyo partnered with Paro for fractional CFO services, their expert didn't just crunch numbers – he became a trusted advisor. From building financial processes from scratch to strategizing cash management, our fractional CFO's guidance was invaluable. The result? Keyo secured their next round of funding and confidently expanded into new markets. As Andrée Urcuyo, Keyo's Director of Operations, put it: "He built the infrastructure and took us to the next level." Every startup's journey is unique. But with the right support, yours can thrive too. Curious how fractional finance expertise could propel your business forward? Check out Keyo's full success story: https://lnkd.in/g27sNXZ2 #startup #cfo #financestrategy #clientsuccess #casestudy #businessgrowth
CFO Services Help Keyo Establish Growth Infrastructure, Pursue Next-Stage Funding
https://paro.ai
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Digital transformation isn't just about tech—it's about people. Read our latest newsletter to learn how to lead your finance team through change with tips to develop an enterprise-wide digital culture that focuses on a maintaining an engaged workforce that's ready for future innovation. #DigitalTransformation #FinanceLeadership #ChangeManagement #FutureofFinance
Strategies for Leading Digital Change Management, from Resistance to Readiness
Paro on LinkedIn
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Waiting until month-end to close your books isn't the most optimal way to enable timely financial decision making. Instead, businesses should be aiming to achieve a zero-day close—also known as a continuous close—so you can close the books as you go and provide vital financial information in real time, at any time. Swipe through to preview these game-changing steps, and discover how they can transform your financial operations. Want to dive deeper? Read the full article and start your journey towards faster, more efficient financial reporting. https://lnkd.in/g2-32MkT #accounting #accountingandbookkeeping #controllers #finance #monthendclose