Email is still the number one business tool and it is looking like it will be for many more years to come. So why is it that the main tool that we use each day is responsible for the biggest distraction and time wastage recorded in a day? Why do m…
Email is still the number one business tool and it is looking like it will be for many more years to come. So why is it that the main tool that we use each day is responsible for the biggest distraction and time wastage recorded in a day? Why do m…
Email is still the number one business tool and it is looking like it will be for many more years to come. So why is it that the main tool that we use each day is responsible for the biggest distraction and time wastage recorded in a day? Why do m…
The pace and scale of digital business innovation is increasing. Organizations are trying to optimize resources, speed development, and adapt faster to market changes. However, this places an extra burden …
To put it bluntly, global deduplication is a technique for a bygone era. In today’s modern enterprise, local deduplication is the clearly superior technique. Read the white paper to learn …
Nearly 30 years ago we began negotiating shipping contracts on behalf of some of the biggest shippers in the U.S. We discovered how flexible the shipping rates really were, and how much of the shipping cost was tied up in extra fees and cleverly d…
Nearly 30 years ago we began negotiating shipping contracts on behalf of some of the biggest shippers in the U.S. We discovered how flexible the shipping rates really were, and how much of the shipping cost was tied up in extra fees and cleverly d…
 |
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. |
 |
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. |
 |
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. |
