Top 5 CFO Reporting Challenges and How to Tackle Them

by Cheqly team | | CFO Reporting Challenges

In the business world today, Chief Financial Officers (CFOs) are under maximum pressure to deliver effective, on-time, and accurate financial reports that facilitate strategic decision-making. The Consero Global 2024 CFO Survey reports that the most important issue for CFOs of investor-backed companies is receiving financial reports on time. The need for financial executives to have … Continued

10 Practical Ways to Enhance Business Liquidity Management

by Cheqly team | | Liquidity Management

To make the business successful in the long run, liquidity management is the most critical skill for a business owner. Liquidity shows the important difference between simple money generation and having the right amount of cash available at the right time. Managing short-term liquidity needs with proper planning allows businesses to stay steady and weather … Continued

9 Smart Ways to Boost Your Business’s Working Capital

by Cheqly team | | Improve Business Working Capital

Having sufficient working capital—the money set aside to meet your short-term needs and maintain the flow of operations—is largely the secret to the smooth running of a business. A lack of it can cause businesses to be profitable yet still run out of money, which may halt their growth or create stressful situations. What’s even … Continued

6 Ways CFOs Can Drive Growth with AI Today

by Cheqly team | | AI for CFOs

The development of Artificial Intelligence is swiftly moving from experimental pilots to widely accepted use, and Chief Financial Officers are the main players in this change. The finance leaders of today, who were once considered only overseers of budgets and rules, are now regarded as the main drivers of the company’s strategic growth. AI technology … Continued

How to Determine Bad Debt Expense

by Cheqly team | | Bad Debt Expense Calculation

Managing customer payments and maintaining a healthy cash flow are critical for every business. Even with rigorous credit policies, companies face inevitable uncollectible receivables.  In fact, bad debts affect an average of 9% of all credit-based B2B sales in the US, which underlines the financial risk that comes with extending credit. As a business owner, … Continued

Join Cheqly

Never miss any payment or leave your company without an opportunity to keep rolling.

Get Started

Join Cheqly

Never miss any payment or leave your company without an opportunity to keep rolling.

Get Started