6 Reasons Cloud Accounting Is Here To Stay

Posted: June 13, 2019 - Blog, Sage Intacct

  Brothers Chip and Dan Heath published Made to Stick: Why Some Ideas Survive and Others Die, in 2007. Their idea premise is “stickiness” and it’s core values are below Simple – find the core of any idea Unexpected – grab people’s attention by surprising them Concrete – make sure an idea can be grasped Read More

The Paradigm Shift That Caught Us By Surprise

Posted: May 30, 2019 - Blog, Sage Intacct

Your biggest risk isn’t failure; it’s sustained mediocrity (Wroblewski, 2017). This quote applies today more than ever as disruption is front and center for many businesses. Here are some examples of the paradigm shift, which caught most of us by surprise. Uber – largest taxi company, owns no vehicles Facebook – most popular media owner, Read More

Change and Innovation: Getting Out of Your Comfort Zone

Posted: May 16, 2019 - Blog, Sage Intacct

  In 1975, a researcher named Steven Sasson, working for Eastman Kodak built the first digital camera. He saw the potential for this new device and told executives it would compete with film in the next 15-20 years. Eastman Kodak then developed the first commercially viable digital camera in 1989 but executives never got behind Read More

6 Degrees of Separation

Posted: April 30, 2019 - Blog, Sage Intacct

  Forty five years ago Stanley Milgram mailed out parcels to one hundred people in Omaha, NE working on his “six degrees of separation”. His whimsical method gave him the theory but not the proof. That changed in 2011 when the scale of Facebook proved that he was right: 99.6% of accounts were connected by Read More

Modernize Your Culture to Improve Business Strategy

Posted: March 18, 2019 - Blog, Sage Intacct

  “Culture beats strategy, so much that culture is strategy”  – Seth Godin Culture defines a company – what it does, how it adds value, and how it grows a customer base. A culture that has the ability to deliver change and add value as a best practice not only generates new customers but positions Read More

Developing Advanced Insights in a Complex Environment

Posted: February 26, 2019 - Blog, Sage Intacct

Never assume your brand. Recently 3G Capital/Kraft Heinz made news with a $15B write down, drop in stock price of 27% . This is another example of not keeping an ear to the market, solely focusing on cost cutting via zero based budgeting, and missing key signals in the wake of massive disruption. Keeping traditional Read More

How To Get The Needle Moving for Your Business

Posted: February 13, 2019 - Blog, Sage Intacct

Is your business moving the needle, experimenting with new ideas/technologies or just playing it safe for another year? Many companies are tied to old practices that are comfortable, for example, a company can get better at closing the books every period, tying up transactions and creating necessary JE’s to make sure everything is in balance. Read More

Amara’s Law: Are You Guilty?

Posted: January 14, 2019 - Blog, Sage Intacct

Futurist Roy Amara stated, “We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run.” This captures the hype when new tech is played out in the press, followed by disillusionment when it’s not perfect day one. The danger is getting trapped in this disillusionment Read More

Who Will You Be Working With In 10 Years?

Posted: November 29, 2018 - Sage Intacct

2029 is the year futurist Ray Kurzweil predicts machines will operate at a human level of intelligence. It’s about 10 years away and whether it happens in 10 or less/more years can be debated, however, massive disruption will come to most business environments. Working along-side a robot may be a reality sooner than later. The old Read More

Accounting System Pulse Check

Posted: October 30, 2018 - Blog, Sage Intacct

How do you know when your accounting system is running well? Unfortunately, there is no standard measurement of health for an accounting system: no blood pressure, BMI, or pulse check. However, here are some points to consider this month during your month-end close cycle: Could you benefit from a shorter month-end close process by automating Read More