We’ve said it before, and we’ll say it again一 QuickBooks is great for small, order-centric businesses, but your business will experience growing pains if you have a variety of billing models or recurring revenue.
As many companies now rely on digital technology for maintaining their data, it’s important to focus on how you can transcribe the data into meaningful insights and actions to advance your business.
Key performance indicators, KPIs, are helping financial firms track data that can improve the efficiency of their companies. In addition to evaluating day-to-day performance, KPIs provide valuable insights to show if you are meeting your business goals.[Read more…] about How to Use Metrics for Financial Services to Your Advantage
In its annual Critical Capabilities report, Garter analyzes the cloud core financials for midsize, large, and global enterprises. They determine the ranking for the product or service by comparing each enterprise in its specific use case. More businesses are moving to cloud financial systems, and the need for reliable systems is greatly increasing. Garter recognizes this need and develops the report to show customers which enterprises offer the most valuable products.[Read more…] about Garter’s Annual Report Reveals the Top-Rated Product Scores for Core Financials
As modern business progresses, traditional financial systems are unable to match the demand for instant access to information, which is something that persists in the digital world. When you incorporate modernized businesses with conventional and outdated operations, the result can be messy.[Read more…] about 7 Reasons You Should Switch to a Cloud Financial System
5 Signs Your Accounting System is Holding You back
While your business is ever advancing, it can be frustrating trying to keep your operations up to date. That accounting system you relied on to manage finances has gradually become a barrier to growth and efficiency.
Take a look at these signs to see if your current accounting system is holding you back.[Read more…] about Have You Outgrown Your Old Accounting System?
Budgeting and planning is either a necessary evil or an exciting asset depending on who you ask. If you fall into the first category, your accounting software is the likely culprit. Outdated and under-powered software makes budgeting and planning a lot harder than it needs to be. Even worse, it strips away the strategic potential of both. [Read more…] about Driving Growth With Sage Intacct Budgeting and Planning