Spear-phishing Scams: How They Work and How Not to Get Speared

spearphishing, scam, fraud

Cybersecurity attacks like spear-phishing scams are all too real. I have personally seen three near misses in the last year and want to share them with you, and encourage vigilance and proper protections. Businesses and leaders that do not act with a proper sense of vulnerability put themselves at great risk. Everything Seemed to Be …

The Role HR Can Play During a Merger & Acquisition

A natural anxiety evolves when an organization goes through personnel and cultural changes as a result of a merger or acquisition. These changes have a direct impact on employees and their families, and if not managed appropriately, can be disruptive to the organization. Senior level HR advisors can play a critical role in the management …

Churning out Profits in a SaaS company to fuel Growth…which KPI to focus on

“Churning” is probably not the best choice of words in the title of this article, since it can have negative connotations in any business – especially a recurring revenue model.  However, I do want to draw attention to the concept of churn – the rate of client termination – because it: Is an essential element …

vcfo welcomes Joe Pruett as Consulting CFO for the Austin Market.

Joe Pruett joins vcfo Austin team.

Joe Pruett Joins vcfo Austin Team as Consulting CFO Joe Pruett joins the vcfo team as a Consulting CFO for the Austin market. Joe Pruett is a successful, seasoned executive with over two decades’ worth of experience in senior financial leadership positions, including CFO, CAO, VP of Finance and Controller in both privately held and …

Case Study: How this Textile Manufacturer Increased Cash Available by $3,125,000 with a Simple Balance Sheet Optimization

Financial Consultants in Texas

Do YOU have $3 million of cash hiding in plain sight? The vcfo team worked with a client in the manufacturing industry selling products to automobile paint and textile customers. We were looking for ways to increase their cash available. By digging into their financials, we determined that they were carrying 90 days of finished …

Your Company’s Success Part II: Quality over Quantity

Recruitment Consultant in Texas

In our last blog we outlined the important parts of a job description and how to set up a marketable sales pitch that describes critical performance objectives rather than a laundry list of skills.  This approach will help attract the right candidates from the start allowing you to spend more quality time with fewer, better qualified candidates. …

Using Competitive Insights to Catapult Past the Competition

Financial Analysis Firm in Texas

Top performing businesses assess their strengths and weaknesses and where they hold competitive advantages or disadvantages against their competitors.  Research and actionable information increase the odds of outperforming the competition.  Take a look at the following financial benchmarks implemented for vcfo clients and consider how you can achieve similar results in your organization. Increasing Cash …

Senior Consultant Regina Walters Joins vcfo

Consulting CFO Regina Walters Joins vcfo vcfo welcomes Regina Walters as Senior Consultant for the Austin Market. Regina Walters joins the vcfo team as a Senior Consultant for the Austin market. Having served in the accounting and finance industry for over 20 years, Regina is experienced in leading companies to profitable growth and success. Regina brings …

Avoid the Rev Wreck

Revenue Recognition Impact Consultants in Texas

Avoiding a Revenue “Wreckognition” Nightmare- How the new Revenue Recognition Standard Could Impact Debt Covenants The way entities recognize revenue and certain expenses associated with obtaining or fulfilling contracts is changing as a result of the new revenue recognition accounting standard (ASC Topic 606).  It is important that entities understand the impact of these changes …

Revenue Recognition and M&A Transactions

Revenue Recognition Consultant Texas

How the New Revenue Recognition Standard Affected a Recent M&A Transaction In late 2017 vcfo Houston Practice Manager, Russell Naisbitt, enjoyed the opportunity to serve as transaction CFO for the sale of a small SaaS software company to a much larger publicly-traded company.  The Seller had wisely put together a deal team to represent them …