The present economy has created an unfortunate time when it’s easier for companies to fall into cash flow problems and run the risk of going out of business. Cash flow can be an issue for most businesses, but with the unpredictability of the economy, there is less room for error because it is difficult to predict what the future holds. Let’s look at three different scenarios in which cash flow needs to be analyzed.

As an innovative leader in financial software solutions, Cougar Mountain offers Software Assurance to help you safeguard and maintain your business accounting system and critical information. Software Assurance provides you with software stability and fewer business interruptions because it ensures access to the latest version of Cougar Mountain software.

One statement I consistently hear new business owners say is "I don’t need a point of sale system, I’m just going to use a digital cash register.” This may seem like a savvy business decision, after all a PC based point of sale (POS) system including hardware and software will typically cost $1,500 - $4,000 while a basic digital cash register can cost as little as $200.  So the question is: what benefit does a business, especially a brand new- cash strapped business, receive that would justify spending all that money? 

"If your business hasn't been paying attention to your documentation, you're ignoring a sales tool and a revenue generator and you need to rethink your priorities.”

Fraud perpetrators have one thing in common they are morally flexible. Some are serial embezzlers, leeching what they can from a victim organization before moving on. Most are otherwise honest people who see the opportunity for easy money, and take it.

Should I process payroll in-house or should I outsource? This is an important question with cost and liability considerations. You may be suprised to find that in-house payroll processing is not only less expensive, but with the right payroll processing software can be secure and hassle free.

Cougar Mountain Software is always integrating new tools to help CPAs fulfill their client’s needs efficiently and effectively.