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GrowthForce Blog

The Seven Drivers of Cash Flow

6 min read When reviewing your financial data, there are a lot of variables to take into consideration. So how do you analyze the numbers to determine the ...

How To Prevent Billing Fraud

3 min read On average, a billing scheme lasts 24 months before it’s detected, and the median losses amount to $100,000 per case. (Report to the Nations on ...

Why Should You Care About Days Payable Outstanding?

While daily sales outstanding calculates the average time it takes to collect cash from sales, the days payable outstanding (DPO) ratio is the average ...

Financial Reporting 101 What to Look For: Labor Costs

One of the most important decisions a small business will make is pricing. How a business sets up its pricing structure depends on a couple of variables, ...

How to Establish Internal Controls with QuickBooks®

Let’s be honest, mapping out and setting up internal controls within your organization is not the most exciting, or easy task to tackle on your forever ...

Small Business Fraud Costs More Than You Think

2 min read Every two years the Association of Certified Fraud Examiners (ACFE) releases the Report to the Nations on Occupational Fraud and Abuse. This ...