Tom Chyla

Tune into Episode 21 of the Private Equity Value Creation podcast to learn the key areas saas.group analyzes in a short due PE diligence process. https://lnkd.in/ga-nDMQE

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New on the blog for #startups and #founders, understanding when it's time to hire a CFO. Blu Ventures Partner Hal Shelton delves into the growing financial demands faced by founders as they scale their business and the key indicators signaling the need for a CFO. #earlystagestartups #earlystageinvesting #vcfunding https://lnkd.in/eK8niZzS

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Today’s companies are struggling to sustain accounting talent and beginning to look at how they can blend full-time talent with strategically placed interim talent. Historically, many companies have filled roles in FP&A, audit, financial reporting and the CFO or controller chair with employees who have previously worked for an accounting firm. However, the dynamics have changed in recent years where many roles in accounting are now outsourced to interim talent. The narrower pipeline of new accounting graduates plus a high rate of retirement in the industry can leave the employees that are left overworked, increasing the likelihood of mistakes. This means that it’s essential to support a company’s finance function by investing in interim talent that brings the skills, experience, and stability the business might be missing to extract maximum value. Quaestor Consulting Group ("QCG") is a premier transformation, restructuring, and business advisory firm that maximizes value creation by offering clients in businesses and real estate invested in or owned by alternative investment firms a streamlined approach to transformative leadership and sustainable growth. This article is being made available for informational purposes only and should not be construed as legal, regulatory, tax, accounting, or investment advice on any subject matter. The information provided expresses the views of the author as of the date indicated and such views are subject to change without notice. QCG has no duty or obligation to update the information contained herein. Certain information contained herein is based on or derived from information provided by independent third-party sources. QCG believes that the sources from which such information has been obtained are reliable; however, it cannot guarantee the accuracy of such information and has not independently verified the accuracy or completeness of such information or the assumptions on which such information is based. QCG makes no representation, and it should not be assumed, that past investment performance is an indication of future results. Moreover, wherever there is the potential for profit there is also the possibility of loss.

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What’s the recipe for a better night’s sleep? Automating financial reporting with Aleph + impeccable bedding from Parachute Home. Gregory Silva and Ariana Egli, CPA at Parachute Home walked us through their finance team’s transformational journey with Aleph. ✅ Eliminated the trust issues that another solution had created. “With Aleph, we don’t worry about the speed of getting data or whether or not it’s correct.” ✅ Reduced monthly close reporting from 1 day to 20 minutes. “There are tons of instances where Aleph saves us 2 hours here, 3 hours there, 8 hours here.” ✅ Improved cross-functional visibility and collaboration with web-based dashboards for teams to track their budgets, spend, and performance. Read the full story: https://lnkd.in/eGP6P5Bt

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We offer a diverse range of services to cater to your specific financial needs in Massachusetts: ✅ Tax Filing & Return Services ✅ ITIN Number Application ✅ Financial Audit ✅ Public Notary ✅ Payroll Services ✅ Accounting Services By partnering with us, you can ensure that your financial matters are handled with expertise and precision. #Bookkeeping #AccountBalance #PayrollServices #Payroll #TaxProfessional #Taxes #TaxPreparation #TaxExperts #AccountingServices

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Under ASC 842, it's helpful to understand the incremental borrowing rate of a lease in order to properly calculate and report lease liabilities. In this article, we outline the basics to make your reporting process easier. Read more → https://bit.ly/41rxBpm #ibr #leaseaccounting #accounting #financialreporting #asc842

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Complexity and Corporate Budgeting inevitably go hand in hand.👐 Like many FP&A teams, you might be in search of a tool that simplifies the process. This is where PowerExcel steps in.🤔 With its capabilities as spreadsheet-empowering software, PowerExcel becomes a valuable asset that turns your budgeting process into a breeze. It's about finding patterns quickly and adjusting to market trends seamlessly.🤓 Worried about a possible decline in sales for the upcoming quarter? PowerExcel is at your service to revise your forecast and tweak your budget efficiently.📈 This leads to spot-on forecasts, optimal resource allocation, informed decision making and a sturdy bottom line.✔️ Are you prepared to experience a seamless forecasting journey with PowerExcel? Let's make budgeting straightforward, together.👇 https://hubs.li/Q02wZj-D0 #Budgeting #FinancialPlanning #BudgetAnalysis #BudgetManagement #BudgetForecast #Forecasting #FinancialForecast #PredictiveAnalytics #ForecastAccuracy #BudgetVsActual #Fpanda #Fintech

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How efficient is your quarterly reporting process? If you're leaning on too many manual processes, there's likely a great opportunity to streamline your reporting while also making the results more consistent and accurate. To see how this process works in action, you can read about CFGI's recent experience delivering streamlined reporting performance for a global PE fund with ~$350 billion AUM. Check out the full story: https://bit.ly/3ZnFtZF #CFGI #PrivateEquity #BusinessIntelligence #FundManagement #BusinessTransformation

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💼 Elevate Your Cash Flow Management: Post-Session Recap 💼 Missed CFO Solutions' Planful #PlanfulPerform24 breakout session on cash flow management last night? Here’s a quick rundown: Cash Collins & Joe Martins shared game-changing insights with our innovative "Crawl, Walk, Run" approach: -Automate Reporting: Save time and minimize errors. -Strategic Adjustments: Optimize your cash flow strategy. -Precision Forecasts: Craft forecasts with unparalleled accuracy. Catch up on highlights from the presentation. Stay tuned for more! #CashFlow #EPM #Perform24

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EXPERT SERIES | Coming up next: A first-rate masterclass in how to automate consolidated reporting with Tyler Caskey, Partner at TheBeanCounters. If you're trying to automate your consolidated reporting or thinking about dropping the spreadsheets, this is the interview for you. Tyler shows us his process beginning with source files in Xero, imported into Fathom to create a report, and how he plugs in Mayday to boot. Packed with key tips from one of the best in the business. Don't miss it! Interview coming soon. #cfo #accountingandaccountants #reporting The Access Group - Asia Pacific

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Brian Kalish talked to the Plan Buddies community about the Top 5 Priorities for FP&A Professionals. One of those priorities was the adoption of AI to automate manual processes to free up time for higher value activities in FP&A. He claims that a Proof of Concept is of little value to determine whether an investment should be made in AI, but rather we should be focused on Proof of Value and the ROI of investment in better automation. In this video, he talks about investments in automation that have an ROI of up to 200%! What kinds of returns are you seeing in your automation investments?

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