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3 reasons why you shouldn't invest in finance technology ?? 1. Your finance team prefers manual tracking and collaboration. ?????? 2. You don't mind inaccuracy caused by errors in spreadsheets. ????♀? 3. Time-consuming report creation and maintenance are the things you look forward to on a Monday morning. ??? Sound like something you'd rather avoid? Learn how you can improve your efficiency, accuracy, and analysis with a financial performance platform: https://ow.ly/lYRS50Sxfsz #FinanceEfficiency #FinancialManagement #DigitalTransformation

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?? Financial Tip of the Day Digitize your bills, receipts and invoices. Going paperless not only reduces clutter but also makes financial record-keeping more efficient. #DigitalRecords #SMBFinance

?????? ???? ?????? ?????? ?????? ???? ?????? ?????? ?????? ???????????????? ?????????? ?????? + ?????????????????? ?????????????????? ?????? ????????. Many CFO’s are perceived as far too thrifty or even scary. They are not! We work for a lot of CFOs so we can help you communicate within a framework that makes your projects get a Yes instead of a No. Click here https://lnkd.in/eKFVXhrD To learn: “How to get the money you need to Automate & Integrate Delivery of Regulatory & Financial Reporting Like the CO HB22-1244 For Toxic Air Report.” When you are ready please click on this Calendly link to set a time to talk. https://lnkd.in/dFnzDSwZ?

The True Cost of Financial Inefficiency: A Wake-Up Call for SMBs ??? Did you know? The average SMB loses 30 productivity hours per week due to inefficient financial processes. That's nearly a full-time employee's worth of time! Let's break it down: 1?? Manual data entry: 8 hours/week 2?? Chasing late payments: 6 hours/week 3?? Reconciling accounts: 5 hours/week 4?? Generating reports: 7 hours/week 5?? Fixing errors: 4 hours/week Total: 30 hours of lost productivity ?? But it's not just about time... ?? These inefficiencies can cost up to 3% of annual revenue ?? They can delay critical business decisions by up to 3 weeks ?? 79% of business owners report increased stress due to financial disorganization The silver lining? With the right strategies and tools, most of these inefficiencies can be eliminated. ?? What's your biggest financial time sink? ?? How are you addressing it? Ask for tips below! Let's work together to reclaim those lost hours and boost your bottom line. https://lnkd.in/gsMewJrC #FinancialEfficiency #SMBProductivity #BusinessGrowth #CFOInsights

?? Financial Tip of the Day Digitize your bills, receipts and invoices. Going paperless not only reduces clutter but also makes financial record-keeping more efficient.?#DigitalRecords?#SMBFinance

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Weak financial controls is like leaving the door open to financial mishaps. One problem with this is the increased risk of financial fraud and mismanagement. Another problem with lacking standardised procedures for tracking financial transactions might mean your strategies are based on unreliable or incomplete financial data, making it challenging to prioritise investments, manage costs, and seize growth opportunities. Here are three tips to help strengthen these areas: 1.Try Out Financial Software:?Get a good financial software system, it saves time, cuts errors, and gives you real-time financial data. 2. Make it crystal clear who does what. Splitting tasks like transaction approval, account reconciling, and financial report checks between different members of the team reduces risk against inaccuracies. 3. Keep an eye on things with regular internal check-ups.?It helps catch problems and ensures your controls are still up to scratch as your business evolves. Ready to elevate your business's financial game? Take charge with our Finance Function Health-Check! Receive a personalised report, unveiling your finance function's triumphs and areas for growth.Let's dive in and optimise your financial success – start now!? ?? Get my Finance Function score now https://bit.ly/48WjpK2 #yrhfinanceteam #smebusiness #financefuctionsuccess

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