February 8. 2012 | Rebecca McDonald
How Much Juice Can You Squeeze Out of That Orange?
As we make New Year’s resolutions and hit the gym to sweat off a few pounds, I hear the voice of my trainer asking me: “How much more juice can you squeeze out of that orange?” That orange is me and my New Year’s fitness goals and are they really attainable without the right support and approach?
This resonates on many fronts, especially when you are running an accounting department. With year-end close, SEC filings, audit preparedness, and a list of projects ranging from internal control documentation to those account reconciliations that haven’t been tackled all year, how much more juice can you squeeze out of your accounting team?
I know this feeling all too well; my days as a Controller of a publically traded company were spent juggling the demands of our accounting team on a lean budget and it was taxing. This was the case until I took a hard look at our priorities and deadlines and realized that with additional interim support we could make it happen. With the clock ticking, I picked up the phone and called in assistance. This was a welcome reprieve to our strapped accounting team. The extra help from accounting consultants gave our team the wherewithal to tackle the priority projects and meet our deadlines. It also improved team morale and gave us the added boost we needed. That was an “aha” moment and one smart decision.
Do you have a list of accounting projects that have been put on the back burner over the year? Are your auditors ready to start and you haven’t touched that prepared by client list? How about that position that is going to be open for 3 months while your accounting staff is on leave? There’s a solution without overburdening your accounting team. Watkins Meegan’s customizable approach to project accounting lets you decide how much assistance you need.
With all that said, personal training is very much like an accounting department. How do you best allocate your resources and realize that you might not be able to squeeze any more juice out of that orange? Give us a call and we’ll give you and your accounting team the extra strength needed to get your projects across the finish line.
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