Cash Management

bookkeeper vs accountant

Should You Hire a Bookkeeper or an Accountant (or Both?)

When it comes to managing the finances of a small business, there are many factors to consider. One of the most important decisions a business owner makes is the hiring of accounting and bookkeeping services to assist with business finances. While both professionals can be instrumental in ensuring the financial success of your business, there

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Cash flow Forecast vs cash flow statement

What’s the Difference Between a Cash Flow Statement and a Cash Flow Forecast

For any business, keeping track of cash flow is essential. Two important tools that businesses use to keep track of cash flow are cash flow statements and cash flow forecasts, but there’s often some confusion and misconceptions surrounding the two. In this blog, we will compare and contrast these two tools and discuss how they

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How to ask for payment

How to Professionally Ask for Payment + Free Templates

Why do we struggle writing payment request emails? Asking for payment or money in any scenario can feel awkward – especially when its overdue. In this article, we’ll take a look at how to effectively and professionally ask for payment on overdue invoices, best practices to follow when sending payment request emails, how to prevent

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Budget vs cash flow forecast

What’s the difference between a budget and a cash flow forecast?

Budgeting vs. Financial Forecasting: An Overview Budgeting and cash flow forecasting are both critical aspects of financial planning for individuals and businesses. While they may seem similar, they serve different purposes and require different approaches. In this article, we will discuss the differences between a budget and a cash flow forecast. A peak inside: High

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Fractional CFO vs bookkeeper vs CFO

WHAT’S THE DIFFERENCE BETWEEN BOOKKEEPERS, CONTROLLERS AND CFO’S?

What is a controller anyway? In this article, we’ll break down the key differences between bookkeepers, controllers, and CFOs and compare their responsibilities. Plus take a look at average salaries, and when businesses should hire each. A peak inside: What does a bookkeeper do? What does a controller do? What does a CFO do? Bookkeeper vs

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