Let's talk about money - specifically, the money flowing out of your business. We all know keeping costs in check is crucial, but it's easier said than done. That's why we've put together this guide on optimizing your operational expenses (OpEx). This isn't about penny-pinching. It's about smart spending that can actually fuel your growth. Read the full blog to get even more details on how you can make the most of every dollar: https://lnkd.in/gDVbX5eQ #finance #opex #cashflow #cfo
Paro
Financial Services
Chicago, Illinois 44,191 followers
Harnessing the power of people and technology to empower businesses and professionals to go beyond.
About us
Paro is an AI-powered marketplace that delivers finance and accounting solutions to businesses through a combination of expert fractional talent, data-driven tools and guiding insights. By harnessing the power of people and technology, our growth platform provides flexible options, ranging from transaction processing support to corporate development and financing strategy, to solve core business challenges and drive growth. The result enables businesses and experts to go beyond even their loftiest goals. Paro is a remote-first company that plans time together. We have proven through our last few years of considerable growth that we can accomplish great things no matter where we work. As such, we operate a virtual-first hybrid model that enables employees to connect virtually and in-person with events that focus on DEI, mental health and fun. Additionally, to support our ambitious plans and teams, we hold events that bring teams together a few times a year for training, collaboration, innovation, networking and social connection. We currently hire from the following states: AZ, FL, IL, IN, MI, NJ, NV, NY, OH, PA, SC, TX and WA.
- Website
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https://paro.ai
External link for Paro
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- Chicago, Illinois
- Type
- Privately Held
- Specialties
- Accounting, Bookkeeping, Strategic Advisory, CFO Services, Financial Planning & Analysis, Business Systems & Process, Internal Audit & Assurance, Controller Leadership, Corporate Development, Corporate Tax Filing, Tax Advisory, Financial Modeling, Budgeting & Forecasting, ERP Implementation, Data Visualization, M&A, Fundraising Support, Financial Reporting, and Full Charge Bookkeeping
Locations
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Primary
343 W Erie St
Chicago, Illinois, US
Employees at Paro
Updates
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From managing accounting teams to ensuring accurate financial reporting, financial controllers are essential to maintaining compliance and optimizing operations. In small businesses, they often take on CFO responsibilities too. Watch the full video to how they drive financial stability and support strategic decision-making to understand if a controller might be the right solution for your business. https://lnkd.in/gnxhcYi8
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In his latest article for CPA Practice Advisor, our CSO and founder Michael Burdick delves into the strategic role of AI technology, fractional talent and informed decision-making in helping businesses optimize operational expenses without sacrificing growth or profitability. Read how your company can make smarter, more impactful financial decisions: https://lnkd.in/gE7wE3ag #opex #fractionaltalent #ai #financeandaccounting #businessgrowth
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SEC filings are more than just regulatory paperwork – they're the key to understanding a company's financial health and operations. Swipe through our carousel to get details on 9 common types of SEC filings that every investor and business professional should know. This quick guide will sharpen your understanding of corporate transparency and how public companies and those planning to go public must demonstrate compliance. For even more details, read the full blog post: https://lnkd.in/gCy8PtYh #SEC #compliance #finance
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With 9 in 10 executives describing their finance teams as “lean” or “overextended,” according to our recent study, CFOs clearly need to rethink their approach to managing resources. Michael Burdick, our founder, points out that this doesn't necessarily mean having fewer employees—it’s about creating elasticity. By supplementing core teams with fractional experts, CFOs can ensure their teams stay focused on what matters most without burning out. Explore more insights on how scalable talent and AI are helping finance teams succeed against today’s challenges in the full CFO Dive article by Grace Noto: https://lnkd.in/ecZ2BMgY #cfos #financeandaccounting #media #finance #survey
Fractional experts, AI can ease pressures on ‘overextended’ finance teams
cfodive.com
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Managing finances with a small team is often challenging, as CLUE knew firsthand. They struggled to keep up with their bookkeeping and timely reporting, leading to financial strain and unclear donation tracking. But with the help of Paro’s fractional CPA, CLUE not only cleaned up their books but also overhauled their financial processes. Because of this, they completed their year-end close in record time and now are able to deliver timely reports to the board and manage funds more efficiently—all while saving money. Curious how Paro can help streamline your accounting and finance operations? Read the full case study: https://lnkd.in/dvYPeaG5 #CPA #accountingandaccountants #nonprofit #financeoperations #casestudy
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As part of our partnership with CPAmerica, Inc., we'll be hosting a CPE webinar on August 28 titled “AI and the CPA Firm: Separating Promise from Reality.” Paro’s own Eli Gill, VP of Engineering, Product and AI, will lead the session and explore the benefits and challenges of implementing AI and other intelligent technologies. He'll also talk real-time decision-making, cost reduction and enhanced process automation. The webinar is available to CPAmerica members only. Members can visit cpamerica.org and click on “CPE & Training” to register. We look forward to a great discussion! #CPAFirm #PublicAccounting #AccountingFirm #AI
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Struggling with cash flow despite healthy sales? In this video clip, financial controller Katherine M., MBA, provides some wisdom on how to maximize profitability through smart cash flow management and avoid a common pitfall: robust sales don't always translate to a healthy cash position. But this is just the beginning. Katherine shares even more efficiency and profitability hacks in our full interview. Check it out: https://lnkd.in/gV98mW9M #cashflow #financeandaccounting #cashflowmanagement #profitability #financialcontroller
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As the business, environmental and geopolitical climate grows in complexity, so do the volume and diversity of risks. To thrive in this new age, businesses must adopt more integrated, proactive strategies to strengthen planning and risk management and protect cash flow in the long-term. Read the latest issue of the Paro Finance Forecast newsletter for tips on how to build a proactive, enterprise-wide approach to risk management — and even turn it into a value driver. #futureoffinance #riskmanagement #financetransformation
Thriving in the New Age of Planning & Risk Management
Paro on LinkedIn
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Our latest research surfaces a critical challenge facing finance leaders: 9 in 10 describe their teams as "lean" and overextended. This isn't just a staffing issue—it's a strategic bottleneck that's keeping C-suite execs up at night. The implications are far-reaching: increased risk of errors, missed deadlines, and an inability to focus on growth initiatives. But it's not all doom and gloom. Our study also uncovered promising solutions, including ways finance leaders are leveraging AI and expert talent to navigate these challenges. Check out the full article by Jason Bramwell in CPA Practice Advisor for a more in-depth look at the findings and what they mean for the future of finance teams. https://lnkd.in/eGfHJTHx #staffing #study #financeandaccounting #finance #survey
Lean Finance Teams Problematic For C-Suite Leaders, Survey Finds
cpapracticeadvisor.com