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United Way of Central Indiana Makes a Difference in the Community

Ok, I am not going to deny it. I am a fortunate fellow. I come to work every day knowing we are helping our clients improve their processes and reach their goals. And the best part is they make us proud. So, I’d like to recognize them.

Today I want to talk about United Way of Central Indiana, the Indianapolis local chapter of United Way Worldwide.

In case you are not familiar with them, United Way Worldwide is the leadership and support organization for a network of local United Ways in about 1,800 communities in more than 40 countries. These local United Ways are independent entities—separately incorporated non-profits with their own structure.

Topics: Not-for-profit Industry non-profit United Way

3 New Approaches for the Data Driven CFO

Driving Performance in Financial Services

Most executives would agree that the decision-making window has been getting smaller with each passing year. Information has become more readily available in real-time, but not all executives and finance leaders are able to take advantage of the data available to them.

Topics: CFO eBook White Paper analytics business intelligence

Should The Subscription Model Be The Future for CPA Firms?

Does your CPA firm charge clients under a time-and-materials type of contract? If the answer is yes, then the following scenarios will probably sound familiar to you.

Topics: Subscription-Based Revenue Subscription Billing CPA

What to Do If You Missed the 1099 Deadline

If you missed my post a couple of weeks ago about the 1099 deadline, or if you simply fell behind and didn't get all your 1099-MISCs out the door to your vendors by the February 1st deadline, don't despair. The world is still turning and life is going to go on. It's not the end of the world, and you can still get yourself in compliance relatively easily. Doing nothing because you think it's too late is not a good option, though. That can get you into trouble with the IRS.

Topics: Blog 1099s shared services back office FAO Taxes F&A outsourcing Outsourcing Income Taxes outsourced finance and accounting outsourced back office Accounts Payable compliance bookkeeping Awareness

Next Generation Financial Consolidations

Consolidations have been a routine part of many corporate accounting departments for as long as most can remember.
 
What has changed over time is the complexity and compressed timelines of consolidations

Corporate accounting has long been viewed as the custodian and curator of financial data. However, whether it’s bringing the data together or distributing the financial results broadly, the financial consolidation process has long been an onerous drudgery of information assembly, validation, and reporting. The consolidation process for many corporate accounting groups is sometimes measured in months, often measured in weeks, and rarely measured in days.

Topics: eBook White Paper Multi-Entity and Consolidations

Preparing for a New ERP: An AcctTwo Guide

What Questions Should You and Your Team Be Able to Answer?

So you’ve outgrown your current accounting or ERP system. It’s either an entry level product like QuickBooks or Xero and your business has grown in size and complexity and needs a more sophisticated solution, or you’re embracing the cloud and Software-as-a-Service, and have learned what thousands of other companies have discovered: that with new available technologies, even small to midsize companies can take advantage of ERP sophistication once reserved for much larger enterprises.

Topics: accounting software ERP Implementation

Finance at a Crossroads: The Risks of Standing Still

A Research Report from Saugatuck Technology

A quote from the report:

“Historically, our most frequent response to the threat of business or IT change is ‘Don’t just do something, stand there.’ We’d rather wait to make a late investment than rush and make a worse investment. That will not work in today’s business.” – CFO, $20M US-based printing concern

Business IT consulting and advisory firm Saugatuck Technology reports that nearly 90% of businesses, regardless of size or industry, are moving to cloud-based technologies in order to improve, innovate, and accelerate their businesses. The majority of those moves, according to the report, are by Sales, Marketing and Customer Support functions. Finance and accounting departments, on the other hand, still tend to be hampered by legacy systems that are only half as effective as they need to be.

Topics: legacy systems IT

1099 Deadline is Approaching

February 1st is the deadline for submitting 1099s to recipients. If you are a business owner, CFO, Controller or responsible for your company's accounts payable department or tax filings, you may know that 1099s are an informational return that is required to be filed with the IRS to report individual income that is not reported on a W-2 as wages, salaries or tips. There is often some confusion about the 1099 process and related rules, and the February 1st deadline sometimes sneaks up on companies.

Topics: Blog 1099s Purchasing and Accounts Payable Taxes Outsourcing Featured Posts Accounts Payable compliance Awareness

The Price of Business - Marcus Wagner on the Importance of Real-Time Analytics

Marcus Wagner Interviewed by Syndicated Columnist, Kevin Price

Marcus has become a regular contributor to Kevin's show and was recently asked to discuss the benefits of today's cloud-based Business Intelligence, reporting, and analytics solutions. Some topics Marcus covers:

  • The benefits of best-in-class cloud business applications
  • The necessity for real-time analytics and deeper dimensional financial and operational data
  • How analytics helps extract value from data and help predict the future
Topics: management reporting Financial Reporting analytics Price of Business Videos Podcast

The Price of Business - Marcus Wagner on Why the Cloud is So Important

Marcus Wagner Interviewed by Syndicated Columnist, Kevin Price

Marcus has become a regular contributor to Kevin's show and was recently asked to discuss the trend of businesses migrating their systems to the cloud, and why the cloud or Software-as-a-Service is so powerful. Some topics Marcus covers:

  • The pace of migration to the cloud
  • The benefits of cloud business software
    • Economies of scale
    • Accessibility
    • Agility
  • The risks of standing still
Topics: Cloud computing Price of Business Videos Podcast cloud adoption