Carlson Management Consulting is featured in the Boston Business Journal Fast 50 for 2018, making this the third year in a row the company is awarded this honor for the fastest-growing private companies based in Massachusetts. Founder and CEO, Ethan Carlson, shares his insights on what it takes to achieve high growth.
Carlson Thought Leadership in Finance & Technology
Having financial foresight is crucial to the success of your company. By leveraging best practices in financial planning and analysis (FP&A), you will gain valuable insights into performance that will guide your business in the right direction. You will also develop informed and effective strategies that position your company for long-term success.
QuickBooks is one of the most popular General Ledger (G/L) systems for the small enterprise. However, as a company grows, it begins to experience the limitations of the application. At Carlson, our customers have cited the following issues they have faced as they’ve outgrown QuickBooks:
Does your accounting department have trouble with surprise expenses? Do these expenses arise at year end, when you have the least amount of time and budget to manage them? Most organizations that have approval processes in place for large purchases, including those that require Purchase Orders, encounter this perennial problem. Timing issues aside, perhaps there are several people approving Purchase Requests for the same budget center or maybe the manager is overwhelmed with such a high volume of requests that she or he cannot remember all of the[...]
Financial planning and analysis (FP&A) in the Life Sciences is exciting and fast-paced. Within a high growth organization, whether pharma, biotech or medical devices, it can be a particularly thrilling environment to broaden our finance skills. However, unless you have the proper systems and processes in place that scale with an upward business trajectory, you will quickly get bogged down in reactive mode, responding to requests and putting out fires.