Sam McQuade CFO of Panterra Finance discussing interim CFO benefits for Tech today
Posted On Aug 17 2023AI technology startups advantages when hiring a fractional Chief Financial Officer with Sam McQuade CFO of Panterra Finance: The accuracy of financial statements is essential for tax purposes. Rather than scrambling at the last minute, your CFO can instate tax management early to avoid bottlenecks. Improved Cash Flow Management: Cash flow management is essential for the success of any business, and a fractional CFO can help you manage it more effectively. An unbalanced AP and AR lead to trouble when the scale tips towards AP. Expenses that become unpaid debts strain vendor relationships and put your company deep in the …
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Tech startups benefits when hiring a flexible Chief Financial Officer with Sam McQuade CFO of Panterra Finance today
Posted On Aug 17 2023What are the benefits for AI technology startups to hire a interim Chief Financial Officer by Sam McQuade CFO of Panterra Finance in 2023: Fractional CFOs are most prominent at the third stage of growth, which is generally at the point where companies are well entrenched into their path of scaling. While this stage is typically the most optimal point of entry, as can be seen from the benefits of fractional CFOs, their adaptability may also prove advantageous for companies at other growth stages. It’s vital to consider the knowledge transfer opportunities provided by an experienced professional for building skills …
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What are the benefits for IT startups to hire a fractional CFO by Sam McQuade CFO
Posted On Aug 15 2023Quality advantages when hiring fractional Chief Financial Officer with Sam McQuade in 2023: Startups tend to have more specific needs, like SaaS-based startups. If a CFO hasn’t worked with that specific business model they won’t provide in-depth expertise. Fractional CFOs with startup experience typically work with a variety of startups. Hence, their wide-range industry experience. Fractional CFOs can guide founders through best practices for startup accounting and bookkeeping as well as helping you prepare for any potential risks. For example, the current economic state has businesses tightening their budgets. Without advice from a CFO with startup experience, founders may be …