🦃 Happy Thanksgiving 🦃
As Thanksgiving approaches, can you lock in ONE tactical change so you hit the new year at full speed? Give “thanks” to yourself for moving the needle forward, and if you’d like support, we’re here to help.
This month’s newsletter contains all of the tactics we shared last month - summarized in one place.
In this month’s edition, we have tactics from our Enjoy Reliable Numbers, Manage Costs Effectively and Leverage Accounting Strategically playbooks. Our playbooks are designed to support our P-R-O-F-I-T approach to outsourced accounting.
Hire Process Improvement Experts
Improving a complex process? Bring in a Lean Six Sigma expert to lead it. External facilitators often achieve better results than internal team leads.
Remove Month-end Close Bottlenecks
Want timely, accurate accrual financials? Help your accountants by removing bottlenecks during month-end close so they can work efficiently and stay on schedule.
Automation Drives Scale
Automation is key to scaling efficiently. Cloud technology enables real-time transaction processing. Set up bank and credit card feeds to streamline data entry and reduce manual work.
Accrual Accounting Tells the Story
Accrual accounting matches revenue with expenses to give a true picture of your business. It’s essential for tracking key metrics and making informed financial decisions.
That’s it for this month.
Short and sweet.⚡🎯
Just quick tips and tactics that help you build a stronger business.
Learn more about Basis 365 Accounting and our tactical playbooks developed from our P-R-O-F-I-T approach™.