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Financial Management

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Upgrading to ERP Accounting Software

in: Company News, Enterprise Resource Planning (ERP), Accounting, Financial Management

How do you know it’s time to upgrade to ERP accounting software from off-the-shelf accounting packages? Many small businesses rely on standard small business accounting software to handle their daily accounting needs. However, there comes a point where companies may outgrow their software. If you’re using QuickBooks, Freshbooks, or another accounting package, or still using […]

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Telling Stories with Numbers: Leverage Financial Software to Make a Powerful Impact

in: Company News, Enterprise Resource Planning (ERP), Financial Management

Financial software can be used to generate the numbers that tell a story—a powerful story—the story of your company, industry, products, and future. It leverages data from your ERP to build powerful stories that help all stakeholders understand key message points. The Story Arc: Beginnings, Middles, and Ends All stories follow a simple story arc. […]

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financial management system concept. Young businessman working on a virtual screen of the future and sees the inscription: CFO

Financial Management Systems Empower Digital CFOs

in: Company News, Financial Management

The new, modern financial management systems are one of the driving forces behind the rise of what’s been dubbed the digital CFO. These systems (mostly ERP systems) offer unprecedented data collection and analysis. Powerful integration capacities make this an even bigger project than at first glance, demanding inputs from finance, accounting, marketing, sales, and operations. […]

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Healthcare Agency Cash Flow: The Right Software Can Help Fix Cash Flow Issues

in: Company News, Acumatica, Home Health Care, Accounting, Financial Management

Home healthcare agency cash flow issues abound. In fact, according to the American Bankruptcy Institute, a nonprofit membership organization of over 12,000 bankruptcy professionals in the United States, the challenges facing healthcare agency cash flow make it particularly susceptible to cash flow problems. Unpredictable payment schedules, a labyrinth of government regulations and billing codes, and […]

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How Expense Management Software Integrated with Cloud ERP Improves Efficiency

in: Company News, Cloud Computing, Accounting, Financial Management

Expense management software can improve many aspects of how your company tracks and reimburses employee expenses. If your company currently requires physical receipts and the accounting department manually tracks and reconciles them, learn more about how expense management software integrated with cloud ERP can improve efficiency throughout your company. Manual Processes Are Prone to Error […]

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Acumatica Expense Management Helps You Take Control Over Your Business Finances

in: Company News, Financial Software, Acumatica, Financial Management, Financial Solutions

Acumatica Expense Management offers businesses a powerful tool to take control over their finances. It offers time-saving tools and added visibility into many aspects of your business. The True Cost of Manual Expense Report Processing Have you ever thought of what it costs to manually process expense reports? Probably not, but the Aberdeen Group did. […]

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The Right Financial Management Systems Improve Business Resilience

in: Company News, Financial Management

The right financial systems can help your company build “business resilience.” What comes to mind when you hear the term resilience? If you’ve ever walked through a forest and spotted a downed tree, you know the forces of nature can be quite powerful. They can snap a mighty oak in half. But from one half […]

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Accountant working on calculator to calculate accounting and business finance plan sales. Business accounting, business investment advisor consulting on the financial report, plan a marketing plan at business office. Business accounting plan concept.

Back-to-Basics Financial Management During Times of Uncertainty

in: Company News, Financial Management

Financial management during times of uncertainty calls for a back-to-basics approach. Although it’s tempting to completely batten down the hatches (financially speaking) when recession looms, a more prudent course of action is to return to the basics of sound financial management. The Four-Step Financial Management Approach The following four-step approach to financial management will help […]

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Rethink Your Financial Management System

in: Company News, Financial Management

With more than half of 2020 behind us, now is the time to rethink your company’s financial management system. All businesses experienced significant disruption over the past several months. Whether your business benefits from this time or not depends on your approach. Smart companies are looking at the past several months and considering what they […]

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