Enterprise IT / Featured Tech / FinTech

Best Practices for Choosing the Right Accounting Software: Achieving Best-in-Class Financial Management

It starts innocently enough. You need a report your current accounting system can’t deliver, so you create a spreadsheet or hire a vendor to customize the code. A few months down the line, your company tries to capitalize on an opportunity by entering a new market or rolls out a new type of offering. Before long, you find that you are hiring consultants to build reports, add custom fields, and integrate new modules – and your staff is spending hours creating and updating spreadsheets that are out of date moments after they’re created.

This happens over a long period so most organizations do not even realize how much time and money they are spending on extra modules, expert customization, and “spreadware.” And once support and maintenance are factored in, they are accumulating excess time and costs that would have been better spent adding strategic value to the business.

If this scenario sounds familiar, then your accounting software is holding you back and you should check out this guide.

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Enterprise IT / Featured Tech / FinTech

2017 Buyer’s Guide to Accounting and Financial Software

Financial leaders today balance the need to manage an increasing level of business complexity with the need for speed. You’re expected to keep your eye on multiple entities with multiple regulatory frameworks and multiple currencies. Think that’s complicated? Now add frequent change to the equation. A monthly financial check-in isn’t good enough for today’s CFO. You need the agility to make decisions at a moment’s notice—and those decisions must be based on the real-time financial truth.

Here’s the question. In today’s complicated business climate, is your accounting software helping you grow and compete—or holding you back? This guide will help you understand whether it’s time to make a move.

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Enterprise IT / Featured Tech / FinTech

Confessions of a CFO – Coping with Unexpected Business Challenges

Where did it say “sleepless nights” in your job description?

You know it all too well. But, if you’re like many, you hesitate to admit the reality: It just isn’t easy being a CFO. Your company relies on you for financial leadership, but as your organization grows, so do the challenges—faster closes, cleaner audits, smarter revenue management, deeper analyses, regulatory compliance, multinational consolidations… Add it up, and the headaches and sleepless nights are almost inescapable.

If outdated or constrained financial software infrastructure has held you back, there’s a better way. Intacct offers powerful, flexible, best-in-class financial management solutions that are transforming the way small and medium-sized companies increase efficiency, drive growth, and plan for the future. In other words, Intacct helps CFOs make a difference.

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Enterprise IT

ASC 606 and Subscription Businesses – Why Compliance Can’t Wait

Revenue is the key indicator of your company’s financial performance and health. That’s not news. What is news? The accounting rules you must follow to recognize and report on that revenue are about to change. ASC 606 creates a major shift in how your business handles its accounting—particularly if you have a subscription based business that derives revenue from contracts with customers.

What’s the big deal? For starters, the impact of the change extends beyond a mere tweak to your accounting methods. It necessitates changes to your tracking, processes, and internal controls. The purpose of this guide is to highlight the basics of ASC 606, what it means for your business, and the risks of not taking action.

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Enterprise IT

The 5 Questions To Ask Your Controller

As the office of the controller becomes ever more strategic—creating higher levels of financial visibility to help drive growth and profitability—the financial organization’s relationship to the controller role must evolve as well. Specifically: Today’s CFO needs to work closely with the controller to ensure that, one, the organization gets the full benefit of the controller’s talents and knowledge and, two, the controller’s office is operating at the highest levels of efficiency and accuracy.

Follow the link below to read about the five questions to ask your controller to initiate a conversation around best practices.

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Enterprise IT

2017 Buyer’s Guide to Accounting and Financial Software

Financial leaders today balance the need to manage an increasing level of business complexity with the need for speed. You’re expected to keep your eye on multiple entities with multiple regulatory frameworks and multiple currencies. Think that’s complicated? Now add frequent change to the equation. A monthly financial check-in isn’t good enough for today’s CFO. You need the agility to make decisions at a moment’s notice—and those decisions must be based on the real-time financial truth.

Here’s the question. In today’s complicated business climate, is your accounting software helping you grow and compete—or holding you back? This guide will help you understand whether it’s time to make a move.

Request Free!
Enterprise IT

Confessions of a CFO – Coping with Unexpected Business Challenges

Where did it say “sleepless nights” in your job description?

You know it all too well. But, if you’re like many, you hesitate to admit the reality: It just isn’t easy being a CFO. Your company relies on you for financial leadership, but as your organization grows, so do the challenges—faster closes, cleaner audits, smarter revenue management, deeper analyses, regulatory compliance, multinational consolidations… Add it up, and the headaches and sleepless nights are almost inescapable.

If outdated or constrained financial software infrastructure has held you back, there’s a better way. Intacct offers powerful, flexible, best-in-class financial management solutions that are transforming the way small and medium-sized companies increase efficiency, drive growth, and plan for the future. In other words, Intacct helps CFOs make a difference.

Request Free!