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Reduce finance administration and unlock your potential for growth

  • 2 minute read

Technology businesses, even quite small ones can be remarkably complex from a billing and contract management perspective.  They need to combine billing events from many different sales models, within a continually changing environment and this is tough, no question.

The result is that they tend to have quite large Finance departments as a percentage of the total company size.  10% may be typical, 15% not unknown, 5% would be considered outstanding.  Now this blog is not anti-Finance, it is about being able to grow your business without that growth driving more non-reimbursable headcount. In other words, over time you can manage down your overhead staffing percentage.  This will dramatically increase your profitability and that has to be good.

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