Working Capital Ratio & Cash Conversion Cycle
May 17, 2023
Your working capital ratio (also referred to as your current ratio) and cash conversion cycle are important measures of your company’s liquidity.
CLOUD CFO BLOG
Accounting advice, made awesome.
5 Strategies to Reduce Labor Costs
With employee retention, inflation and a looming recession all front of mind for business owners, it can be tricky to balance the effect labor costs have on your bottom line. In the United States, WTW’s budget planning survey showed companies are projecting an average salary increase of 4.1% in 2023. But, even if your company is included in that estimate, there may be other ways to reduce labor costs.
What does a fractional CFO do?
A common question we get asked: what does a fractional CFO do? So, you’re in need of some financial guidance
3 Benefits of a Fractional CFO in a Recession
If there’s one thing we might recommend to new clients when they ask about a possible recession, it’s to consider our fractional CFO services. A fractional CFO (also referred to as an outsourced CFO) is a financial partner to to drive growth when there is an opportunity and to help weather a recession if you see a downturn.
How to Monitor and Understand Budget Variances
The good, the bad, and the how-to for budget variance analysis. We cover what they are, and offer our best tips to monitor and understand your budget variances.
Landed Cost Calculation and Tips to Improve
Landed cost is the total expenses associated with shipping goods from the source to buyer. This could mean to a warehouse or to a customer’s doorstep. This is an important KPI in supply chain management.
Sounds simple? There are many external factors that can affect landed cost.
How to Write a Price Increase Letter due to Inflation
Price hikes are always a delicate business decision to make. You don’t want to raise your prices too high and scare your consumers or clients off, but you want to address your business needs.
What is an outsourced controller and what do they do?
An outsourced controller is an experienced financial expert, outside of your own company structure, who handles a range of time-consuming
How to define your value proposition (and tie it back to your financial strategy)
Your value proposition is more than simply defining your price structure. It is your brand’s narrative. To define your value proposition, begin with the obvious and work your way through to the nuanced.