Showing posts with label Reporting. Show all posts

How Chief Financial Officers Can Become Major Corporate Players

Today, it’s all about strategy—not spreadsheets—and it’s time for CFOs to recognize that their strategic value to the company goes well beyond just keeping the books. It used to be that the finance department was mainly responsible for entering data, paying the bills, and providing other executives with the historical financial information they needed. Not anymore.

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Trends in Operational Metrics Show Demand for Greater Insights

Every modern business uses software management systems, but the best use systems that bring strategic, operational, and financial data together to support and optimize a performance-driven organization. For software companies in 2015, this requires new attributes, focus changes in metrics, and a comprehensive view of growth.

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Top 5 Success Metrics for Professional Services Organizations

Professional Services Organizations (PSOs) like financial services, advertising and marketing agencies, legal, and other consulting businesses, now face a multitude of unique challenges to success and growth. The complexities associated with billing rates, different regulatory environments, worker compensation, and workload management continue to be a burden on both cash flow and profitability.

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Intacct How-To Series: Tips to Grow Your Business to a Global Structure—Part 3

In my last blog post, I covered the importance of performing analysis within the system of record and how increased visibility can help unlock insights to better manage your multi-entity business. In this blog post I will focus on the importance of controls and user permissions in a growing business.

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Intacct How-To Series: Tips to Grow Your Business to a Global Structure—Part 2

In my last blog post, I covered how automation can help your business scale from single entity to a complex global structure whilst saving time, increasing accuracy, and reducing risk. In this blog post I will focus on the importance of visibility to support your business growth.

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Intacct How-To Series: Tips to Grow Your Business to a Global Structure—Part 1

Last month at our user conference, Intacct Advantage 2014, I sat down with about twenty of Intacct’s customers to talk about the challenges they faced prior to switching to Intacct. One key theme from these conversations was the pain of running a multi-entity business.

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Understanding the New Revenue Recognition Standard—an Illustrative Example

In the first part of this blog series, we looked at the big picture changes of the new revenue recognition standard and provided pointers to some good general resources. Now, let’s take a look at an example on how the removal of industry specific guidance will impact software companies.

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Understanding the New Revenue Recognition Standard—a Short Introduction

Here at Intacct, we have been closely following the release of the new converged revenue recognition standard—not only because our software solution helps companies address the complexities of revenue management, but also because as a software company, the new standard will have a pervasive impact on our accounting and business processes.

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Streamlining Revenue Recognition and Billing

As a software company, Intacct understands the issues that finance organizations grapple with every day—from complex, evolving software revenue recognition guidelines, and a disconnected quote-to-cash process, to complex subscription billing and renewals management challenges.

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Avoid These Common Pitfalls When Preparing Audit-Ready Financials

No finance team looks forward to an audit. Luckily, while they can’t be avoided all together, there are certain processes that can be put into place to ease stress and ensure the lowest possible risk of errors.

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