In the ever-changing business landscape, Finance Transformation has emerged as a powerful strategy for modernising and optimising financial operations. One crucial area within Finance Transformation is the Procure-to-Pay (P2P) process. The Procure-to-Pay process,...
We are excited to share our sustainability journey here at Pinnaklo Limited and how we, as Small and Medium Enterprises (SMEs), are positively impacting our planet. It is easy to get lost in the sea of frightening statistics, carbon emissions targets, and conflicting...
Organisations constantly work to improve their procedures and stay ahead of the curve in the dynamic world of finance through Record to Report (R2R) process which plays an important role in the transformation of the finance industry. Let’s look at it in further...
“When digital transformation is done right, it’s like a caterpillar turning into a butterfly, but when done wrong, all you have is a really fast caterpillar” George Westerman MIT You may have heard the term finance transformation, but what exactly is it? and why do...
All businesses should start their year with a robust financial plan – The Team at Pinnaklo are no different, and we recently got together to finalise our plan for 2023. A financial plan predicts your future revenue and puts in place your spending goals based on...
Set yourself up with an achievable financial plan for 2023 As the year draws to a close, business owners all over Ireland are thinking about how getting organised in Q4 could set them up for success in 2023. No matter what the size of your organisation, spending some...
Business expenses – what are legitimate expenses? Employers can compensate their employees for out-of-pocket costs incurred while carrying out their day-to-day job. A valid expense must be incurred by the employee wholly, exclusively, and necessarily in the course of...
Cybercrimes are becoming increasingly sophisticated, therefore it is important for business owners and those in control of the company purse, to implement measures and procedures to prevent falling victim to scams. Niamh has put together a list of steps you can take...
Sustainability refers to the ability to maintain or support a process continuously over time. In Environmentally Sustainable Development terms, sustainability seeks to prevent the depletion of natural or physical resources, so that they will remain available long...
What is cash flow? A cash flow is a tool used to show how money is made and spent in your business. A cash flow statement details money coming into and out of the company. Using a cash flow statement can help you and your business keep on top of financial obligations...
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