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Consulting Firm Saves $250K in Overhead Costs

Accounting, CFO Strategy, Financial Strategy /

About Crimson Consulting Crimson Consulting Group is an end-to-end Enterprise Technology marketing consultancy with an objective of high client satisfaction, at low operating costs. The firm specializes in Digital Marketing, Social Media, Lead Management and Demand Generation. Clients include but are not limited to: Adobe, Cisco, eBay, Google, Hitachi, HP, IBM, Intel, Kaiser, Microsoft, Oracle, […]

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CFO Strategy: Improvements in Credit Facilities Drive New Business Opportunities

Accounting, Financial Strategy /

Overview of Client Business Model The Client is a privately-held technology company headquartered in San Francisco, CA.  The company was founded in 1998 and provides a suite of technology-based solutions and consulting services including   business process management, software development, and server/desktop virtualization.  The Client primarily serves the legal, financial, and biopharmaceutical industries.  One of the

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Proper Differentiation between Wage and Hourly Employees is Critical

Employee Compensation and Benefits, Employee Management /

Overview How many times have you heard company executives say that it is less expensive to hire contract labor than employees? This is not always true. In fact, most often the opposite is true. Making sure there is a clear distinction between contract labor and employees in your company is imperative. The following case emphasizes

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Zenefits: Lessons Learned from Putting Growth above Integrity

Employee Compensation and Benefits, Human Resources /

Who is Zenefits? Zenefits is a company that provides an employee benefits software program designed to manage onboarding, timecards, payroll, benefits and other administrative tasks.  It interfaces with other Human Resource (HR) providers so employee changes can be updated in one system.  The program is managed via the cloud through a dashboard and provides HR

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Superior Employee Benefit Programs Drive Increased Financial Performance

Employee Compensation and Benefits, Employee Management /

The percentage of employees with a retirement plan from their employer has been dropping sharply according to the Employee Benefit Research Institute (EBRI).   An article in the Harvard Business Review on “Managing People,” stated seventy percent of the employees surveyed stipulated they want better employee benefit packages from their employers.  The retention of top-notch talent

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New Revenue Recognition Standards Have Been Released

Accounting /

The Financial Accounting Standards Board (FASB) released new Revenue Recognition Regulations that must be complied with by all private and public companies in all industries by 2017.  The changes are wide sweeping to say the least.  For many business owners, the new standards are overwhelming. Five Step Reporting Process The new five-step process for revenue

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