The Rise and Impact of Paid-Sick-Leave Laws

Paid Sick Leave Laws

By Teresa Foltz and Kelly Wells Originally published August 5, 2019. Paid-sick-leave mandates for private employers continue to gain momentum across the United States. While there is presently no such mandate at the federal level, eleven states and even more individual cities (as of the date this post was published) have enacted some form of …

Improving Finance and Accounting Technology Systems

Improving-Your-Finance-and-Accounting-Technology-Systems

It’s common for decision makers in growing companies to mentally survey their finance and accounting technology stack and realize that most of the information they receive originates from Excel or other disconnected applications. They also often conclude that most of their internal control points are similarly Excel-based, or at least managed by people that are …

Compensation and Salary Benchmarking Practices

Compensation Salary Benchmarking

Retention 101: Benchmarking Employee Compensation People power businesses and labor costs typically represent a company’s highest expenditure. It’s imperative that employers understand how their respective job roles are valued in the market and how that compares to their own compensation practices. Employers reach this understanding through the practice of compensation benchmarking. Also referred to as …

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 …

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 …