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AcctTwo Blog

If you are considering an on-prem solution, I have a stock tip for you…

I’ve never been one to avoid discussing the elephant sitting in the middle of the room. I like to call it out, point out the size and colors of its ears, the peanuts it’s eating, and the mess it’s creating for the rest of us to clean up. It’s there … let’s not avoid it, ok?

So, the elephant sitting in my room today is the fact that companies are still considering on-premises accounting solutions. I don’t get it. Seriously. How can someone pick an old, antiquated system, or a 1990’s way of handling your accounting data? It doesn’t make sense to me.

Topics: legacy systems On-Premises

Intacct Dimensions: Why it Matters.

Intacct Dimensions - Business Metrics without Exploding Your Chart of Accounts

In today’s fast-paced business environment, senior managers require real-time metrics to measure the performance of their organizations. And, as the need for information increases, the time window to react and make informed decisions decreases.

Topics: Not-for-profit Industry Software Industry Faith-Based Informational Customer Success Intacct Dimensions

Please Help Mission of Hope Haiti with Hurricane Relief

Hurricane Matthew Leaves Devastation in Haiti

Haiti took a direct hit from Hurricane Matthew on October 5th. Reports indicate that more than 14,500 people have been displaced, 2,700 families are affected and 1,900 houses are flooded. The death toll has reached more than 65.

Haiti needs our help, and AcctTwo is supporting our customer, Mission of Hope Haiti, to provide help to those who need it.

Topics: Customer News

Does Your Accounting Software Make You Feel Like You're Running a Mechanic's Shop in Poland?

Blast from the past: A Commodore 64 Still Working to Balance Drive Shafts

Look, I don't want to take away anything from antiques or retro technology or anything like that. I myself have owned vintage Nintendos, guitar amps, and a pretty darn old Toyota Landcruiser. And last week's article on CNET pointing to a Facebook post on Commodore USA's page is pretty cool. An auto shop in Poland has been using a Commodore C64C to balance drive shafts, and the machine has been working "non-stop" for the last 25 years. Just take a look at the picture below (courtesy of Piotr Farmas via Commodore USA). There's not enough Armor All in all the waiting rooms of all the Jiffy Lube's in all the world to get that thing clean again.

Topics: legacy systems

Cloud Myth # 4: The Energy Industry is Not in The Cloud

If you've followed our blog, or heard us talk about cloud adoption in the energy sector, you've heard us say that energy companies are slow to adopt the cloud. It's become a kind of conventional wisdom, and something we just take for granted. But we started to wonder if it's actually true or not.

Topics: Oil and Gas Industry Energy and Industrial cloud adoption

How Secure is Your Financial Data in the Cloud?

Top 6 Reasons Your Data is Safe and Secure in the Cloud with Intacct

Is moving to a cloud based accounting solution a wise decision? Well, there are many myths about the cloud, but today let’s concentrate on one: safety.

The cloud – that global network of computers that everybody is talking about – is safe for your accounting data with a reliable software provider like Intacct.

So let's dive into this and look in more detail at how your data is safe in the cloud with Intacct.

Topics: Security Security and Performance Costs Cloud computing

Webinar - How the Cloud Impacts Modern Day Financials

The cloud is truly transforming the CPA client relationship.  Perhaps nowhere is this more evident than in the area of financial reporting and advisory services. In this webinar we will explore this more closely from both the perspective of the practitioner as well as a leading accounting technology provider.

Topics: Events and Webinars CPA

Debunking The Top 3 Myths About Accounting In The Cloud

Although it's clear that the cloud is here to stay, from time to time we still have to ease the concerns of CFOs, CEOs, and board members about replacing their accounting system with cloud-based software. They are worried that the cloud is new, and as a result, there is no guarantee the data is safe and accessible. They worry they'll have no control over their data. And often they believe that cloud-based software must be more expensive.

Topics: ceo Security Cloud computing cloud adoption

Intacct, the Ministry Tool that Helps Faith-Based Organizations Reach their Visionary Goals

“Drowning in a sea of Excel spreadsheets.“

“Plagued by confusion, delays and lack of confidence in reporting.”

“Cost and headaches of on-premise accounting systems and IT infrastructure.”

“Need for a user-friendly cloud solution that would support anytime, anywhere access while minimizing IT efforts.”

Topics: church accounting Faith-Based Intacct Dimensions

The Price of Business - Marcus Wagner on the Revenue Recognition Rules Changes

Marcus Wagner Interviewed by Syndicated Columnist, Kevin Price

Marcus has become a regular contributor to Kevin's show and was recently asked to discuss some of the major changes coming to accounting rules and how businesses recognize their revenue. Some topics Marcus covers:

  • Why should companies partner with specialists when it comes to changes to accounting rules and technology?
  • How is the "Subscription Economy" affecting business today?
  • What are the Revenue Recognition changes coming in 2018 and 2019
  • What are the challenges these changes present to businesses and accounting departments? What about sales and marketing?
  • What are the advantages of these changes for companies?
  • Why is it imperative that companies start preparing for this NOW?
Topics: FASB Price of Business Videos Revenue Recognition Podcast