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About Blog - Lauren PearlAs a startup CFO working with CEOs, there are just certain things that feel like they should be easy to CEOsBut that are actually ALWAYS a pain in the butt for a finance operator(Hello, real-time accounting data... sigh...)Here's the one that always breaks my brain:Per-project profitability.It comes up CONSTANTLY. And for good reason:Figuring out which projects (or products, or customers, or departments, etc.) are making moneyIs really important to leadership.Because one of the most effective ways to improve company overall net earnings,Is to identify stinkers and cut them,Or put them on a PIP,Or to allocate more resources to top-performers.But getting those reports is often a beast of an analysis feat.Why?3 main issues:1) Source data is often missing or squidgyIf your resources are people, you need time-tracking or some record of project assignment. If it's equipment, you need…
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