When it comes to getting your business finances in order, there are a lot of experts you can turn to for help. From accountants to bookkeepers, financial coaches to virtual CFOs, each can play a different role. But with the lines between them often blurred, it can be hard to decide which one is the best fit for your business.
When Lee,* an Accounts Payable Officer, saw an email from one of her suppliers saying they’d changed their bank details, she didn’t think twice. After all, the invoice looked normal, and the email sounded completely legitimate. What could possibly go wrong?!?
A lot, apparently.
For all but the smallest businesses, we recommend using a digital service for managing invoices and receipts. These are relatively cheap and save lots of time, in some cases halving the accounts workload for a business.
Slate Accounts has just released the third edition of its Guidelines for Kindergarten Treasurers. This edition builds on Slate's growing expertise in the sector and includes an additional section exploring some of the issues and quirks specific to it.