News, tips and trends for growing businesses

The biggest bank book mistakes fast-growing companies make

Is your bank book keeping up with your company’s growth, or do you find yourself spending hours reconciling transactions at the end of every month?

As your company grows to include multiple entities, bank book reconciliations become more time-consuming if you’re primarily relying on manual processes. It also creates more opportunities for errors that can seriously derail your finances.

Here are five common bank book mistakes growing companies make and how to avoid them.