Digital Tools & Outsourcing Tips with Sara Snyder

September 18, 2024

Episode 85:

Sara Snyder is a Certified Public Accountant with a background in accounting since 2017.  Currently, she serves as an Account Manager and Outsourced CFO at Craig Cody and Company, Inc., specializing in advanced tax reduction with the designation of Certified Tax Coach.

In this episode of the Progressive Agency Podcast, I sat down with Sara Snyder, our lead CFO, to discuss how technology has revolutionized our accounting services for agencies. We explored the use of tools like Bill.com for streamlining accounts payable and receivable processes.

Sara explained the benefits of outsourcing financial tasks to professionals, including cost-effectiveness, consistency, and freeing up internal resources for higher-value work.

We also touched on additional services that accounting firms can offer agencies beyond basic bookkeeping, such as cash flow projections, budgeting, and helping maintain profitability through industry benchmarking.

What you will learn in this episode:

  • How Bill.com helps keep invoices streamlined and organized
  • Streamlining approval processes for invoices for companies with remote workers
  • Scheduling invoice payouts ahead of time
  • Managing accounts receivable
  • The benefits of outsourcing financial services
  • Other services provided by finance professionals
  • The importance of accrual-based accounting for agencies
  • How proper financial reporting supports tax planning

Resources:

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