Author: Robert Idzi, CMA, CSCA
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Is It Time to Upgrade Your Accounting System—Or Are You Asking the Wrong Question?
Lately, I’ve been getting the same question from business owners and leadership teams: “What accounting system should we upgrade to—NetSuite, Great Plains, or something similar?” It’s a reasonable question—but it’s often the wrong one. The underlying assumption is that as a company grows, it must naturally “graduate” to a more sophisticated and expensive system. In…
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Why Small and Mid-Sized Businesses Benefit from Retaining a Fractional CFO or Fractional Controller
Growing businesses often reach a point where basic bookkeeping and year-end tax preparation are no longer enough. Financial statements may be delayed, margins may be unclear, internal controls may be weak, or ownership may lack confidence in the numbers being used to make decisions. A fractional CFO or fractional Controller can provide experienced financial leadership…
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The Importance of Correct Financial Consulting when Addressing Financial Troubles
In today’s dynamic business environment, even well-managed companies can face financial difficulties due to various internal and external factors. When a company encounters financial distress, seeking the right financial consulting help becomes crucial. Professional financial consultants bring expertise, experience, and objectivity to the table, helping businesses navigate through troubled waters and explore viable solutions. The…
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Alternatives when Addressing Corporate Financial Troubles
In today’s tumultuous business environment, even well-managed companies can face financial difficulties due to various internal and external factors. When a company encounters financial distress, exploring viable solutions is crucial. This article details several alternatives for addressing corporate financial troubles including Chapter 11 Bankruptcy, Subchapter 5 Bankruptcy, Article 9 Foreclosure Sale, Assignment for the Benefit…
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Welcome to EGIS Consulting LLC
Thank you for visiting our website! At EGIS Consulting LLC, we specialize in providing expert management consulting and accounting services tailored to meet the unique needs of businesses across industries. Our mission is simple: to empower organizations with the insights, tools, and strategies needed to optimize performance, drive growth, and navigate complex challenges. What We…
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Conversing with ChatGPT
In the wake of the implosion of FTX, there has been a new emphasis placed on the value of a company’s finance and accounting departments. Entrepreneurs and business leaders alike become so enwrapped with growing their business and managing operations that they devalue the importance of accounting and finance. Just as high-profile examples of undervalued…