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Anonymous Member
Anonymous
(Financial Accountant)
My company is selecting a PSA solutions -- we're primarily looking at FinancialForce, SciForma, and KeyedIn Projects. Does anyone have experience with those systems and comments on basic functionality? Any of those that you would recommend or warn away from?
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Wayne Spivak
(President & CFO at SBAConsulting.com)
It seems in the CFO literature that we CFO's are hoarding cash again. Are we? And if we are (more than usual that is), why? Rainy day fund? Armageddon? The great depression?
Anonymous Member
Anonymous
(CFO)
Background: We are a <$50M, privately held C Corp with 70 shareholders. We have 5 layers of capital, with VC money senior preferred. A marketing exercise with bankers showed us that we would not likely get enough via a sale to pay anyone other than the VC's. I.e.,...
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Wayne Spivak
(President & CFO at SBAConsulting.com)
Reuters (http://reut.rs/1ez4glb) is reporting pay cuts for the CEO and other senior executives as well as saying they will on-board more non-company Board members (especially lawyers and accountants). Is this enough to instill confidence in the marketplace?
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Chris Shumate
(Corporate Accountant at Empire Corporation of Tennessee, Inc.)
If you're looking for a corporate accountant to add to you team, what skills and experiences are needed? What are you looking for in a corporate accountant? Are corporate accountants really just staff accountants, junior accountants, senior accountants, etc., under a...
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John P. Hart
(Vice Pres - CFO at Nova Pressroom Products, LLC)
We've experienced an increase in accounts switching to Credit Card payment systems using V-Card, P-Card systems. We're talking B2B payments - usually in the $2-5k range, some >$25k. Business is conducted using Purchase Orders, manufacturing (quick turn around), Sales...
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Wayne Spivak
(President & CFO at SBAConsulting.com)
Today I received 6 calls, back to back with different phone numbers from the telemarketing department about Credit Safe. I spoke to them yesterday and they only called a few more times in the last couple of weeks. They claim to be a competitor of D&B. I can't tell...
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Stephanie Clevenger
(Accounting Manager at Sonendo Inc)
I work at a medical device startup and we have just started accepting credit cards from customers to pay their invoices and now I have to book the fees associated with the settled transactions. Should they be booked into an other COGS account or as an expense into my G&...
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Gregory Q. Jenkins
Title: President & CEO
Company: Quentasia Industries Inc.
(President & CEO at Quentasia Industries Inc.)
In Part I of my Just Make It Happen series, I laid out the proposition that simply telling your staff to "just make it happen" was about the worst thing a manager could say to his or her staff.  I then put forth the proposition that the process to make...
Anonymous Member
Anonymous
(CFO)
I am in a fairly new position as CFO at a 25M company. The company uses an ERP/Accounting program that is highly customized, and has a lot of operational nuances specific to the company. I've seen this situation before, wherein the Controller appears to possess a...
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Timothy Marx
(Student/Intern at Queens University Belfast)
Hello everyone, I am asking an age old question here, however, my circumstance is slightly unique. See I'm graduating next year from a respectable university in the UK with (major/minor) Economics/Finance and a GPA roughly converted 3.7+. I am looking to begin a career...
Anonymous Member
Anonymous
(CFO)
I was curious to gain some insight as to what others use as annual reviews and maybe share some best practices. I have seen annual reviews based on performance, based on peer reviews (360 Evaluation), based on behaviors etc. What do you all find is the best method to...
Anonymous Member
Anonymous
(Senior Director)
We are in the process of reviewing our rules on commission payouts for our sales execs. Currently, we have quarterly goals and incentive structures for each rep/territory. We have not had a clear cut payout rule for commission on attainment of those goals, except for a...
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Kim Supercynski
(CFO at Lincolnway Energy, LLC)
What mitigating controls should we have in place if we go to electronic signatures on checks?  How are companies doing electronic signatures. jpeg in the accounting software or a signature plate in the printer?
Anonymous Member
Anonymous
(CFO)
If I was going to audit our existing processes to look for vulnerabilities what would be the best way to start my assessment?
Anonymous Member
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Carter O'Brien
(Controller at Private)
Any suggestions on software, but more importantly, any suggestions on what we should be looking for out of the software?
Anonymous Member
Anonymous
(Internal Audit)
We are a rapidly expanding school network. We uses spreadsheets ("enrollment model") tracking student enrollment, teacher staffing level, student attrition, class size etc, and making forecast 2 to 5 years out. The Model is leveraged by pretty much everyone in the...
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Jennifer Duff
Title: Partner
Company: Management Stack, LLC
LinkedIn Profile
(Partner at Management Stack, LLC)
A standard workweek is typically thought of as 40 hours, though many employees spend much more time than that at work. Employees who work more than 40 hours a week must be paid overtime under the Fair Labor Standards Act unless they meet certain exemption criteria. In very...