Financial reports are vital tools for making the informed decisions it takes to run a successful business. But in many companies, the financial reporting process is manual, inefficient, time consuming, and prone to errors.

You have an idea for a new product or service that can fill a market void and you’ve decided to go all-in on turning this concept into a successful business venture. But your personal assets can only go so far in covering costs until you have a product or service ready to sell. Even when… Read More »Looking for Seed or Series A Funding? Get Your Financial House in Order First

As a busy professional, you need to spend your time wisely. That means you need the ability to access and analyze critical information about your business, quickly and efficiently, so you can make informed, timely decisions. But often, financial information is presented in graphs that provide more eyesores than insights. Data visualization can help. Data… Read More »More Ways Psychology Can Turn Data into a Powerful Decision-Making Tool (The Power of Data Visualization, Part 2)

To tackle those challenges and position their organizations to thrive, more and more CPA firms are choosing to outsource some of their accounting and finance functions.

The Power of Data Visualization, Part 1 To make decisions that drive your business forward and help you achieve greater growth and profitability, you need access to data that is both accurate and actionable. With massive amounts of information available to you, it can be challenging to sift through it all, focus on what is… Read More »How Psychology Can Help You Use Data to Make More Informed Decisions

For businesses that have been severely impacted by COVID-19, an employer tax credit was provided under Section 2301 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), called the Employee Retention Credit.

Starting a new business is an exciting undertaking. But it can also feel overwhelming, especially when it comes to finances. Yet, many startup businesses fail because they don’t have a good handle on their finances from the start.

As your company evolves and matures, your resource needs will vary. That’s true across every function in your organization, including your financial operations.

The accounting* and finance functions and the role of the CFO are both changing dramatically, with the CFO now expected to help lead a company’s transformation alongside other C-suite executives. By leveraging these 5 financial pillars, CFOs can play an integral role strategically in driving their businesses to thrive and succeed.

Scrubbed, an outsourced bookkeeping, accounting*, auditing, and corporate finance firm with operations in San Francisco, CA, and the Philippines, announced that Melvin Follosco has joined the team as Director for Compliance and Risk Management.

The phrase “cash is king” may be cliché, but it’s well-worn for a reason: In business, cash is the lifeblood that keeps your operation running. Just like your vehicle needs fuel to operate, your business needs a strong cash position to thrive.

Time flies. Time is money. Time is of the essence. All these maxims are reminders that every minute counts when you’re running a busy, growing business.

Data visualization is a graphical representation of data—using charts, diagrams, maps, and other visual elements that go beyond presenting the numbers to telling a story.

Businesses across the board are under pressure to ensure financial transparency and maintain compliance with ever-changing financial regulations—causing many to turn to their CPA firms for a greater degree of support.

Scrubbed, an outsourced bookkeeping, accounting*, auditing and corporate finance firm with operations in San Francisco and the Philippines, recently welcomed Diana Luna as Chief Financial Officer (CFO) and a member of its executive team.

Scrubbed, an outsourced bookkeeping, accounting*, auditing, and corporate finance firm with operations in San Francisco, CA and the Philippines, announced today that Angelina “Lin” Mukhi has joined the executive team as Chief People Officer (CPO).

If you lead a successful CPA firm, you’re always pleased when existing clients hire you for more work and refer other companies your way. A growing client base is great news—until you hit capacity and you’re unable to manage the workload and still maintain a high level of service.

To start a business takes incredible determination and perseverance as well as unwavering vision. Creating a successful startup company – and growing that company – is always cause for celebration.

While nonprofits are critical to supporting the overall health of organizations, causes and individuals across the world, the global COVID-19 pandemic had a notably negative impact on the health and well-being of these vital organizations.

The data breach on LinkedIn has been a hot topic this week, especially for those who use the platform for their professional networking. It has been reported that this was a significant data breach, affecting approximately 500 to 700 million LinkedIn user accounts. This is an alarming number and should be taken seriously, as it can have severe implications for both the company and its customers.