matthew west

Los Angeles

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Articles

The Importance of Setting Guardrails for Spending

Nov 20, 2024 | creativeplanning.com | matthew west |Jennifer Arganbright

Spend management involves taking charge of your business’s spending by implementing strategies to help ensure you’re making smart purchasing and procurement decisions. A comprehensive spend management strategy provides guardrails to help you maximize the value of your expenditures, ultimately leading to improvements in your bottom line. Following are six spend management tips to help you gain control of your expenses.
How to Leverage HCM Data to Increase Your Bottom Line

Nov 15, 2024 | creativeplanning.com | matthew west |Jennifer Arganbright

As a business leader, you understand that taking small steps to improve efficiencies and reduce risks can have a big impact on your bottom line over time. One such step is leveraging the power of human capital management (HCM) data. Doing so can result in major cost saving opportunities, increased efficiencies and fewer redundancies across your entire business. Following are five key ways HCM data can be leveraged to improve your bottom line.
What’s Missing From My Internal Finance Function?

Oct 4, 2024 | creativeplanning.com | matthew west

An article published by The CPA Journal recently warned that the accounting profession is in crisis due to a shortage of qualified accountants entering the industry.1 Fewer students are selecting accounting as a college major, which resulted in a 33% decline in first-time candidates sitting for the CPA exam between 2016 and 2021.2 Then 2022 saw the lowest number of students sitting for the CPA exam since the introduction of today’s exam in 2006.3 Further adding to the severity of the problem...
The Importance of Investing in Internal Accounting and Finance Functions

Sep 12, 2024 | creativeplanning.com | matthew west

After many years of advising business owner clients on a wide range of best practices, I’ve noticed that successful organizations are far more likely to invest in back-office accounting and finance functions. Not only does making an investment in these services improve a company’s financials but it also results in added efficiencies across all areas of the business.
Discover Our Travel Training Programs This Disability Pride Month

Jul 31, 2024 | sfmta.com | matthew west

We're working to offer a similar version of our travel training to students! Talk to older San Franciscans, and they will tell you that Muni staff used to come to their schools and talk to them about how to ride the bus. We recently revitalized this program for a select group of students with disabilities. Our Accessible Services Division and SF Paratransit Mobility Management Office partnered with the San Francisco Unified School District (SFUSD) on a special training.
Finding the Right Accounting Software for Your Business

Jun 20, 2024 | creativeplanning.com | matthew west

Finding the right accounting software to keep your financials balanced and easily monitored is key for any business owner. As a small business owner, this is likely even more imperative, as your own money may be funding operations. There are various systems on the market looking to meet your accounting needs, which can make the selection process difficult. Before making a purchase decision, consider the following.
Know Your Business Strengths: The Benefits of Benchmarking

Apr 30, 2024 | creativeplanning.com | matthew west

Do you know how well your business stacks up against its competitors? In today’s fast-paced marketplace, many businesses are looking to gain an edge any way they can. One essential way to achieve this goal is through benchmarking. Benchmarking is when you compare a certain element of your business with that of an industry competitor.
When to Make the Switch to Outsourced Business Accounting

Apr 10, 2024 | creativeplanning.com | matthew west

Is your head spinning from trying to manage and analyze your accounting books? You’re not alone. Business owners are sometimes hesitant to outsource their accounting procedures for fear of losing control. However, the potential cost savings, scalability and flexibility are game changers for many — as is the potential time saved, which can allow leadership to redirect their time and resources toward their core competencies and strategic goals.
Business Intelligence and Analytics: The Power of Proactive Data

Mar 12, 2024 | creativeplanning.com | matthew west

How does your business track its financial data? Larger companies may have a separate division in their finance department that manages and interprets this data. For smaller to mid-sized organizations, the CFO may perform these tasks, or they may use a specific software to analyze the data. Whatever method your organization uses to track and manage your financial data, often the main goal is to measure results to better inform your business strategy.
Are You Getting What You Need From Your Outsourced Provider?

Feb 12, 2024 | creativeplanning.com | matthew west

Partnering with an outsourced accounting provider has its advantages. They can save your business the hassle of managing your finances, and they’re often cost-efficient. Because providers offer expertise and resources in an area you may be unfamiliar with, it’s easy to want to step aside and let them do their thing.