Matt and Barbara speak to Bean Ninjas founder and CEO, Meryl Johnston about why it’s so important for companies to have a strong financial team, what that team needs to look like, and why financial reporting tools are the key to business stability and growth.

IN THIS EPISODE YOU'LL LEARN:
*Meryl’s journey from a consulting firm to global, systemized, online business and the perils behind bringing in virtual contractors before you have your processes in place.

IN THIS EPISODE:
1:50 Xero as a Platform
2:38 Aspects of Utilizing Virtual Teams
4:50 Boundaries
5:12 Key Roles Within the Finance Team
8:21 Cost-Effectiveness Medium
10:14 Bookkeeping Role vs VA Role
12:55 Differences with Bookkeepers and VAs
15:11 Stop Doing Book
16:42 Xero Cleanup
19:29 Reporting Practices
20:53 Where to Start
22:10 Building Skillsets
23:22 Next Steps

View Full Transcript at https://bit.ly/3epP5Li
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