An Expert’s View
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The ‘blind pilot’ syndrome. When does traditional accounting hold your business back from scaling up?
Turnover is up 40 per cent year-on-year, the team has doubled in size, and yet there’s still not enough money in the company’s account. If this sounds familiar, you’re not alone. It’s a typical sign of a company that has grown faster than its financial information system. During the scaling phase, the CEO can no longer see the company ‘at a glance’.
