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Anonymous Member
Anonymous
(CFO)
My small business (7mm revenue) has a problem with not receiving bills from our vendors for 30 - 45 days after the cost has been incurred. This wreaks havoc with my budget tracking, cash flow estimating, and internal reporting because I am not certain I have recorded all...
Anonymous Member
Anonymous
(Director of Finance)
When calculating normalized EBITDA for bank covenants or valuation, do you exclude FX gains or losses? Situation: US corporate sells in Mexico and Canada and sales and receivables are denominated in local currency. Receivables are later settled in local currency. But when...
Member's Profile
Mitch Anderson
Title: Research and Development Chemist for Big..
Company: Big D
(Research and Development Chemist for Big.. at Big D)
I took over my position over a year ago and walked into a nightmare of bad chemistry all over. Over the course of a year I have fixed labeling issues regarding GHS, quality control, and formulated new products. My most recent work involves switch a surfactant and using the...
Member's Profile
Wayne Spivak
Title: President & CFO
Company: SBAConsulting.com
LinkedIn Profile
(President & CFO at SBAConsulting.com)
According to a small story on CFO, more companies that have less than 100 employees have gotten out of the healthcare game. Very small companies (1-10 employees) have had a 36% decrease in offering of health-care. So, if the company is no longer offering and you are having...
Member's Profile
John O'Rourke
Title: VP of Product Marketing
Company: Host Analytics
LinkedIn Profile
(VP of Product Marketing at Host Analytics)
For the past 30 years, Excel has been integral to businesses everywhere. It's become the foundation of countless business processes, aiding in computing, financial tasks, IT projects, marketing, and so much more. It's no wonder Excel was such a hit from the start....
Member's Profile
Eugene Regruto
Title: CFO
Company: Powerhouse Equipment
(CFO at Powerhouse Equipment)
Member's Profile
Jane Levin
Title: Corporate Controller
Company: Private
(Corporate Controller at Private)
Can someone please recommend a hosting provider for Quickbooks? We don't want to continue supporting it with internal hardware and IT for a variety of reasons. Thank you.
Member's Profile
Shane Delaney
Title: Senior Group Accountant
Company: Foster Group Cayman
(Senior Group Accountant at Foster Group Cayman)
Hi, Our Marketing manager just brought up the fact that we are looking to redevelop our current website and expand it into an e-commerce suite for our customers. We are a retail supermarket. My question is how much of this work would pertain to a Capital Expense? And how...
Member's Profile
Matt Jackson
Title: President
Company: OpsVantage
LinkedIn Profile
(President at OpsVantage)
When a SaaS company has a sale that results in orders that will not be fulfilled for 2 - 3 year (due to client roll out schedule), what is the best way to capture those sales but not inflate the bookings number and implementation backlog? One additional point to be aware of...
Anonymous Member
Anonymous
(Controller and VP)
We're considering have our bank issue a LOC for a new lease where we don't want to pay the large security deposit. All of the guidance I find is related to the bank/guarantor but I cannot locate anything about our side. I think there would be no balance sheet impact...
Member's Profile
Kenneth Justo
Title: Senior Manager
Company: ACT
(Senior Manager at ACT)
What is the best off the shelf software for a professional services business with heavy time billing, present in various countries (intercompany and multi currency), requires consolidation and granular reporting, runs from a terminal server and can be used for client...
Member's Profile
Chris Shumate
Title: Accounting Manager
Company: Dominion Development Group, LLC
LinkedIn Profile
(Accounting Manager at Dominion Development Group, LLC)
I need some insights regarding financing of property owned by a related party where the assets are staying on the former company's books while the new company gets the debt on its books. Company A owns Company B. Company B has several real estate assets that it had...
Member's Profile
Leonard Nederveld
Title: Retired
Company: RAN Enterprises
(Retired at RAN Enterprises)
I received the same letter and the office of the president told me it was a marketing ketter. I indicated I did not appreciate blackmail letters. She is taking me off their marketing list - hopefully
Member's Profile
John Orlando
Title: CFO
Company: Centage
(CFO at Centage)
Within the past 5 years I’ve seen a significant shift in the ways that CFOs (Chief Financial Officers) and CIOs (Chief Information Officers) interact. The role of a CFO continues to become even more strategic in nature with an elephant-size shift toward needing access...
Member's Profile
john Olson
Title: Senior Associate, Marketing Programs and..
Company: Radius | Global Growth Experts
(Senior Associate, Marketing Programs and.. at Radius | Global Growth Experts)
Transferring EU personal data across borders is a complicated and sensitive issue. Last year’s ruling on the invalidity of the EU-US Safe Harbor scheme, and the subsequent negotiations culminating in the EU-US Privacy Shield, are testament to this. Following...
Member's Profile
Asim jehangir
Title: HR Manager
Company: Toyota motors
(HR Manager at Toyota motors)
Hi my name is Asim and I'm an HR Officer. Who is mainly responsible for creating KPIs?  Your insight is appreciated.
Anonymous Member
Anonymous
(COO)
We have a group of employees who are enrolled in an incentive plan based on fiscal year (Sept thru Aug) results and payable (in general) in the month of December (after the results are audited). The plan indicates incentive eligible employees who have earned an incentive...
Member's Profile
M. Feldman
Title: Controller
Company: Private
(Controller at Private)
I’m part of a small group tasked with planning a corporate retreat. The purposes in general are relaxation, team-building and brainstorming new ideas. I’ve got the relaxation part covered, if the other two don't get in the way. I could use some ideas,...
Member's Profile
Chris Shumate
Title: Accounting Manager
Company: Dominion Development Group, LLC
LinkedIn Profile
(Accounting Manager at Dominion Development Group, LLC)
I dabble in a little creative writing when I'm not working at my full-time job. I'm wanting to take my writing to the next level, but I'm looking for some direction. Does anyone on Proformative have experience working within the publishing industry, irrespective...
Member's Profile
Simon Westbrook
Title: CFO
Company: Aargo Inc.
( CFO at Aargo Inc.)
In recent years I have seen a number of companies switch from having separate vacation, sick, and personal time off to an integrated PTO system. Regardless of the reason for not attending work, the employee is charged against his or her accumulated PTO accrual. While...