"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...

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...

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...

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....

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...

  Spinning your tires in a snow drift is fast tire rotation without making any progress or forward movement. In today's culture of fast food, electronic trading, texting, and video gaming many of us feel the pressure to make decisions quickly so we can move on to...

Forget the traditional audit where a team of accountants spend weeks at a client to produce a document that's out of date and expensive. The future value add in accounting is all about advising (moving from obsolete accounting systems), predicting (using new tools to...

It is key to increase customer engagement when upgrading to a new cloud accounting system, like Sage Intacct. It is important to have a good strategy set before the kick off meeting.  Engaging the customer should be a continuous process from the selling cycle, to...

Good dashboard design with the right metrics provide the value add when a client signs up to upgrade from older legacy systems. Sage Intacct provides the relevant dashboards by role to key in on these highlights and drive your business forward. Dashboards in Sage...

Today most accountants consult on traditional services like tax, compilation and audit. The new accounting vision is to become more tech savvy and advise clients on moving away from older/out of date/on-site legacy ERP/accounting systems so they can close the books...

Here’s one reason why QuickBooks can’t handle the new revenue recognition rules…… The new revenue recognition rule, ASC 606 takes effect for public companies in 2018 and in 2019 for private companies. Here’s how QuickBooks will “handle” the new revenue recognition...

AI is here. One of the significant challenges is properly managing the data for AI. The cloud and Sage Intacct start this process by providing the foundation for AI to extract meaningful transactional data. Only after a clean data extraction can AI start the process...

Being “comfortable” is risky…….with outdated Excel reporting on key financial metrics Most accounting staff have used and developed reports off Excel.  It’s a global tool but often will mutate into different versions of reality, especially when formulas are derived...

Sage Intacct today is a cloud app doing the heavy lifting of mapping transactions to financials so businesses can spend more time analyzing data and making better, faster decisions. Cloud ERP and accounting software represent the beginning of what will transform our...