Profit and Loss Statement: Overview and Types

by Cheqly team | | Profit and Loss Statement

A well-structured profit and loss (P&L) statement is a vital accounting tool used by the finance team, VPs, managers, and CFOs to assess the financial performance of a company. This report summarizes revenue streams, business expenses, COGS (cost of goods sold), and net income over a specific period. Whether you’re managing a startup or a … Continued

Cash Conversion Cycle: How to Calculate and Improve It

by Cheqly team | | Cash Conversion Cycle

The Cash Conversion Cycle (CCC) is a key indicator that signifies how well a company manages its working capital by tracking the duration between paying for inventory and receiving cash from sales. By inspecting this cycle, businesses can gain valuable insights into their operational efficiency, liquidity, and overall financial health.  Understanding and improving the cash … Continued

How to Pay International Vendors: A Complete Guide

by Cheqly team | | International Vendors Payment

This guide covers different ways to pay international vendors, what to think about before paying, and how to keep your transactions safe, fast, and affordable. Key Takeaways  What are international payments?  The term “cross-border payments” or “international payments” is a general term that encompasses all payments that are transmitted from a financial institution in one … Continued

How to Minimize the Impact of Equity Dilution: A Founder’s Guide

by Cheqly team | | Equity Dilution

Equity dilution is a typical and often unavoidable aspect of a startup’s development. Yet, it is not necessarily the same as a loss of control or value. If the company’s value goes up substantially, the remaining stake can be very valuable, and founders can still have considerable influence—however, it is not guaranteed that they will … Continued

Budgeting and Forecasting: A CFO’s Must-Know Guide

by Cheqly team | | Strategic Budgeting and Forecasting for CFOs

This guide will outline the crucial aspects and practical ways each CFO must be familiar with to achieve successful financial planning. What Is Budgeting and Forecasting?  CFOs are capable of making well-informed decisions and managing financial resources efficiently through the use of budgeting and forecasting, which are essential instruments for financial planning. Budgeting is creating … Continued

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