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CFO Series: The 3 Mistakes That Crushed Zirtual Overnight - Teampay | Teampay Shape Copy 2 Shape Copy 3 Shape Shape Shape

In the spring of 2015, suspicious of the companys poor financial performance, Donovan dug into the numbers herself and discovered that Keatings payroll projections assumed two pay periods a month for a total of 24 pay periods a year. In reality, since Zirtual was on a two-week pay cycle, the company had 26 pay periods a year. That may not sound like much of a difference, but when you look at some hard numbers, it can be enough to seriously throw off the projections.