The Right Tools To Collaborate With Your Virtual CFO
Working with a virtual CFO is similar in some ways to an internal accountant but there are key differences, especially when it comes to communication and access to systems. Within your organisation, especially if it’s office-based, your IT department probably manages...
New in Calxa: Functional Profit and Loss Now Possible
At Calxa, we pride ourselves to be the leaders in business unit reporting. Over the past weeks, our team has been working on a new way of delivering numbers on cost centres by displaying income and expenses by function and activity. Also known as functional Profit and...
New in Calxa: Improved Budget Formulas and More
Our team have been busy working on a couple of big projects this year but they haven’t been neglecting the smaller, but still important, improvements. We’ve made the transfer of subscriptions much simpler for you and made significant improvements to the performance of...
Calxa vs Velixo: What Are The Differences?
Most users of Acumatica will lean on an external tool for their management reporting. Acumatica is great for managing the operational side of a business and provides some basic financial reporting. However, where it is not so well suited is producing reports for senior management or boards. This leaves users with few options. The main one, and most obvious, are manual spreadsheets. Alternatively, some have been using Excel with Velixo or a dedicated reporting app like Calxa. Let’s explore some of the pros and cons of using Calxa vs Velixo.
How Carlisle Health Streamlined Financial Reporting with Calxa: A Conversation with Tom Young and Deep Saini
Interview by Mick Devine Carlisle Health, a growing radiology group operating across Queensland and New South Wales, has seen rapid expansion—from two sites to 23. With that growth came complexity, especially in financial reporting. I sat down with Tom Young, General...
Overhead Costs: Allocating Budgets By Department In Calxa
Overhead Costs. Every business has them. But how do you manage them? How do you define overheads into the costs of your projects? That’s something that can make a material difference to the profitability of a project so it can be important to include in your budgets....
Calculating Stock on Hand Using Inventory Turnover Days
Predicting the value of your stock on hand and the associated movements in its value is an important part of cashflow management for any inventory-based business. Especially in a seasonal business, it’s common to simply replicate the previous year movements and assume...
Shift from Re-Active Reporting to Pro-Active Decision-Making
Explore how Yurra shifted from re-active reporting to pro-active decision-making to better manage their business growth.
Fractional CFO: A Strategic Partner for Your Business
Fractional CFO is a term dedicated to part-time financial experts for hire. They bring high-level insights to a business without the full-time cost. As fluctuating economies and customer demands add complexity to the business landscape, the need for strategic financial leadership grows.