New Paradigm CFO

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Services: Bookkeeping

The Bookkeeping role in a company is where the data enters the financial system. If this is not done well, one of two things can happen:
  1. Financial reports are never right, so eventually management gives up on them and "flies blind", trying to manage the company based on intuition and guesswork, or

  2. Management doesn't realize financial reports are wrong and relies on them to make important business decisions, which can have dire consequences to the company.
On the other hand, if the Bookkeeping role in a company is done well, it helps every other level in the financial organization succeed. This helps the company in general thrive.

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Paradigm (n.): A way of thinking that determines how one interprets and responds to situations.