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The centers employ several thousand employees who provided accountspayable and receivables services to the firm's business units.). Project interventions led by outside experts usually carry the promise of sizable results, but they often aren't sustained.
We defined contractors as professionals who work on time-based (as opposed to project-based freelance) contracts. For example, a company may hire an accountspayable professional to help cover a particularly busy time period or to backfill for someone on leave.
As your small business continues to scale, cash flow transparency and accounting efficiency become harder to maintain. That low-cost or free accounting software you started with 2 or 3 years ago might now be causing bottlenecks. It may depend on highly manual processes, making accounting tasks impossible to scale with demand.
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