For financial accounting professionals, the new, consolidated contract revenue recognition standards—set to replace over 200 specialized and/or industry-specific revenue recognition requirements under US GAAP—will mean that while the long-term future may hold easier, more consistent standards, the changes that need to be made in the short term are immense and complex. This guide seeks to provide readers with some perspective into the changes and some of the best practices to prepare for FASB ASC 606 and IASB IFRS 15.
The pressures on the Finance organization today and tomorrow are similar to those throughout the rest of the organization. Finance is being asked to do more with less, CFO’s are being asked to be true strategic leaders, not only in their own department, but also throughout the rest of the organization. To enable Finance to meet these challenges, and propel itself forward, a finance organization playbook is intuitively appealing. To that end, we have identified six components of a finance organization playbook, along with a solution that can manage the process—enterprise performance management (EPM).
A modern accounting department requires a modern accounting system or software solution that can support streamlined accounting processes and reporting. This Guide to Modern Accounting will detail 4 Keys to Modern Accounting, identify 20 accounting functions that can be automated, along with 18 categories of potential software integrations. Of course, no guide would be complete without modern accounting case studies, and related resources.
As organizations grow, their requirements change. Their initial planning application may fail to keep up – and as a result, organizations often experience these common issues.
This Intacct white paper “The 2016 Buyer’s Guide to Accounting and Financial Software” discusses the six key questions that need to be asked if your company is considering a cloud-based accounting solutions. Learn the factors that signify when it’s time to move on to a new accounting software solution and discover if your current accounting software is able to support your company’s growth without compromising the need for speed.
Software purchases are generally expensive and critical to the continued operation of your business. Careful investigation of the options your company has is not only prudent, it could save your firm considerable money. Yet, there exists a fair degree of market confusion about the relative costs and benefits that different software deployment models bring to financial accounting customers.
A new white paper looks at 10 questions you should ask to determine if your company or organization is ready to upgrade from QuickBooks. Then, it shares migration myths, compares on-premise and SaaS options, shows how Intacct can help save you money, and tell you how to get started with Intacct.
Based on findings from THINKstrategies, this white paper discusses how to automate complex revenue management and supporting multiple business entities with one-click financial consolidation. In addition, you will learn how to deliver real-time visibility and provide audit trails and reports that satisfy compliance requirements. Cloud financiers and accounting allows you to integrate seamlessly with other applications and provides anytime, anywhere access.
A new survey report entitled Non-Profit 2013 Financial Outlook, Reporting, & Systems reveals the results of a September 2012 survey of non-profit organizations and associations in the Washington, DC region. The report, conducted by Brittenford Systems and Veris Consulting, contains detailed summaries and graphs on these aspects including financial and business outlook, financial reporting practices, and financial systems.
For years, increasing competition for financial resources has forced virtually every IT organization to do more with less. In both small and mid-size businesses, CIO Advisory Services can enhance the owner’s or CIO’s personal effectiveness in a number of ways. This white paper explores the impact that such services can have on the business.
A research paper from Saugatuck Technology on whether cloud computing is truly ready to take on applications like Enterprise Resource Planning (ERP), financial management, and accounting. You will learn why so many users are happy to migrate away from their on-premise accounting and financial applications. In addition, the paper will discuss how cloud financials have matured and why more organizations will be using cloud financials.
Shorten billing cycles and improve cash flow by taking control of unbilled receivables and converting them more quickly to revenues. Streamline invoicing with automatic generation, formatting and submission of drafts for approval; then easily note needed corrections, finalize invoices and post receivables.
This white paper addresses the financial and resource management pain points that professional services organizations (PSOs) currently face. It focuses on the benchmarks that PSOs can use to improve their management capabilities and how business applications can help PSOs achieve their goals, including streamlining their businesses, increasing operating margins, and meeting the challenges posed by today’s fast-paced global marketplace.
The latest release, Microsoft Dynamics GP 2010, makes it easier for people to make fast, informed decisions using business intelligence that’s personalized to their roles and availability through familiar Microsoft Office applications.
Despite advancements in business process management technologies, workflow and business process management solutions are typically used to address only a small percentage of the work that is done within an enterprise. By focusing exclusively on highly structured business processes designed by a small number of employees, organizations have historically neglected to address and enable the less formal and more iterative work that is completed by the vast majority of employees.
With years of input from people like you, Microsoft Dynamics has been designed to be familiar to your people, work well with your existing systems, empower people and teams to be productive, and promote informed decision-making. With effective support from Microsoft and the worldwide partner community, you can implement Microsoft Dynamics today and let it grow with you into the future.
The time-to-market requirements of today’s business environment dictate that a broader range of employees have access to functionality that allows them to perform marketing activities and programs. Marketing is not just a marketer’s job, and every interaction can become a marketing opportunity. Unfortunately, many organizations don’t have the proper tools to capitalize on those “marketing moments” across other departments such as sales, service, and account management.This white paper discusses the benefit.
By far the largest hurdle for small to midsized government contractors to overcome is the requirement to provide excruciating detail about the direct, indirect and overhead expenses associated with every item billed to the government in fulfillment of specific contract awards.
You know the story. It’s the end of the quarter and the sales numbers are below the target. The sales team is pointing fingers at marketing because they aren’t bringing in enough qualified leads, and marketing is responding by saying sales is at fault because they don’t know how to follow up on a lead. Sound familiar?This disconnect is making it difficult for organizations to make the most of their sales opportunities. Companies are unable to provide the right offers to the right person at the right.