4 ms·
One of the big issues I see with accounting/reconciliation systems (automated or even if managed by an external bookkeeper)is that if there isn't good oversight
by screature2 10y ago
One of the big issues I see with accounting/reconciliation systems (automated or even if managed by an external bookkeeper)is that if there isn't good oversight there's a significant cleanup cost usually at a pretty inconvenient time (e.g. just before a due diligence or audit). It's a pretty painful form of infrastructure debt.
How are you guys making sure people remain involved in overseeing and understanding the financials your software's feeding into?
- juecd 10y agoSuper good point that we've found with our customers who are migrating from outsourced bookkeepers. We're using our Slackbot as a friendly way for companies to get their financial data, the idea being that if the numbers are accessible/convenient and ones they want to know (revenue, burn rate, bank balances). Then, we can use the same Slackbot to provide other necessary financial details. We're still working on this, but we think Gusto does a great job of communicating necessary (and not so exciting) info in a way that engages us.