Accounting and Finance for Non Accounting and Finance Managers

CFO.University and Steve Rosvold

Share this transcript and the video that goes with it with your non accounting/finance staff to help grow their financial acumen. This will have the impact of turbocharging your team’s engine without adding any cost.

Hi, it’s Steve from CFO.University. Welcome to our brief course ‘Accounting and Finance for non Accounting and Finance Professionals’. Our goal today is to teach you some key points about these professions. With finance being the universal language of business, we believe this is a great professional growth opportunity for you. Enjoy the learning filled journey you are about to embark on.

The Perfect Pair – Bankers and Cash

Rick Pay

A good banker has your best interests at heart and can be a key advisor to your business. Not only do commercial lenders provide lines of credit and short term cash flow, but they can also offer import/export cash management and protection assistance, cash for expansion and growth, and advice and counsel about a number of issues related to your business. Of course bankers can’t tell you how to run your business and they walk a fine line to keep the regulators happy, but most mid-market bankers I know are excited to help their clients in any way they can.

4 Vendor Pricing Improvement Strategies

Rick Pay

Rick describes a number of vendor management concepts to get the best prices on your raw material and supplies.

Beyond Part Price: The Big Picture and Total Cost of Ownership

Rick Pay

Depending on how strong a company’s CFO is and how much pressure there is to reach financial marks, most companies are heavily purchase-price oriented. Taking a total cost of ownership (TCO) perspective is crucial to achieving a value-adding relationship with suppliers. In many cases, the place you save the most money is not part cost.