I guess you’ve witnessed how ecommerce has been growing exponentially over the past couple of years.
This trend, as a matter of fact, is expected to continue picking up steadily- at a rate that will see ecommerce retail sales in the U.S hitting $735 billion by 2023.
Quite remarkable, I must say. But, in case you haven’t heard the news yet, it’s not just the online sales process that has been transforming progressively. Ecommerce, combined with modern tech, has also triggered increased growth of what’s reportedly recognized as the world’s oldest professional field- accounting.
By Jonathan Reich
In recent years, startups have increasingly shifted away from the centralized office and toward a globally distributed workforce. These days, founders are hiring the best ...
By Jonathan Reich
Evaluating the “best value” in startup accounting software requires a reassessment of how founders and finance operators calculate cost. In the early stages of building ...
By Jonathan Reich
The transition from a signed term sheet to a functioning, private equity-backed finance department is the most critical operational hurdle in the investment lifecycle. In ...
By Jonathan Reich
Switching accounting software sounds simple at first — until you remember what lives inside the old system: your chart of accounts, customer list, vendor list, ...
By Jonathan Reich
I didn’t switch from QuickBooks Online because it was bad software. That’s oversimplifying it, and it’s not true anyway. QBO works, works well, and is ...
By Jonathan Reich
Rippling is great when it comes to handling the people side of the business: payroll, benefits, onboarding, device management, employee data, contractor payments, and a ...
By Jonathan Reich
SaaS accounting looks simple from the outside. You sell software, customers pay monthly or annually, and revenue comes in through Stripe, ACH, credit card, or ...
By Jason Wehrmaker
Most accounting software was built for a business that sells physical things or billable hours. The financial questions those businesses ask are relatively stable: Did ...
By Jonathan Reich
I’m a CPA, so I tend to look at merchant fees the same way I look at any other line item on a P&L: not ...
By Jonathan Reich
When a finance partner gets acquired, clients start doing math. Not panic math, but practical math. They start to ask themselves questions like, will my ...
By Jonathan Reich
If you’re shopping for a Pilot alternative, you’re probably not looking for “bookkeeping but from someone else.” You’re looking for a finance partner that can ...
By Amanda Devos
It’s easy to think that it doesn’t really matter which payment processor you go with. But anyone who’s had to live with their bad choice ...
By Jonathan Reich
As a CPA, I’ve spent more hours than I care to admit staring at bank statements and general ledger exports, trying to figure out why ...
By Jonathan Reich
Let’s be honest for a second. If you’re a business owner or a CEO, “Finance Transformation” sounds like one of those expensive, nebulous phrases dreamed ...
By Jonathan Reich
The mantra for startup founders has shifted from “growth at all costs” to “sustainable growth at high velocity.” To achieve this, the modern finance stack ...
By Jonathan Reich
In recent years, I’ve watched the monthly close evolve from a standard operating procedure into a liability. These days, a month is an eternity. Founders ...
