Showing posts with label Accounting. Show all posts
Last summer, International Data Corporation reported that the cloud software market saw $48.8 billion in revenues in 2014, and will continue expanding at a compound annual growth rate of 18.8 percent through 2019. Small businesses have been a major driver of cloud-based software penetration, relying on the more advanced delivery option to keep capital expenditures down and functionality optimal.
The results are in—it’s time to replace spreadsheets with software designed for and devoted to finance activities. Spreadsheets have their uses for personal productivity and ad hoc analyses, but they can also become a barrier to effective finance processes for growing midsize companies when used inappropriately.
If Christmas is the most wonderful time of the year, tax season certainly falls on the opposite end of the spectrum for most. As many of you are likely filing your taxes today or still recovering from the paperwork involved, take a break and check out our quiz of 10 of the most ridiculous things individuals and business owners have tried to claim as tax write offs. Do you think they were successful or did the IRS make them pay?
Intacct deliversbest-in-class cloud accounting and finance applications that easily integrate with other best-in-class cloud solutions such as Salesforce, Avalara, Orange Leap, and many more. These software partners seamlessly link to and share transactions with Intacct using web services or the Intacct Platform.
You've probably heard the old adage, "you can't manage what you don't measure". This statement holds true when analyzing the costs to process invoices. Most organizations have never taken the time to truly understand what it costs them to process just one invoice or pay one bill, and are truly shocked when they find out their true costs.
In the final post from our series of videos with eCornell, Clark Newby discusses the improved security and cost benefits of moving core business processes into the cloud. The business transition to the cloud has come in stages, starting with customer relationship management, then human resources, and now financials—the vital organ of your business.