6 problems that keep CFOs awake at night...
- Revenue leakage caused by not billing 100 percent of project time and expenses
- Managing complex billing terms and cycles impacts cash flow --and not in a good way
- Poor visibility into current and projected cash inflows and outflows
- Manually deferring and recognizing revenue creates costly productivity bottlenecks
- Poor project performance and visibility leads to poor forecasting and lower profitability
- Operational inefficiencies caused by information silos
...and their solutions
- Automate time and expense tracking (via the cloud)
- Accelerate billing cycles with flexible, automated billing processes
- Balance uneven cash inflows and outflows with real-time cash flow visibility
- Decouple billing and revenue recognition, streamline revenue deferral/recognition and eliminate a major productivity bottleneck
- Link project and financial management information
- Get rid of information silos with real-time, end-to-end visibility
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