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AcctTwo Blog

Takeaways from the Missio Nexus Conference

AcctTwo recently sponsored and attended the Missio Nexus Conference in Orlando, Florida. The Missio Nexus Conference is a thought-provoking, three-day annual event that brings together hundreds of mission leaders. This year’s theme was Future Mission, it was a challenging look at the future of missions and the Great Commission.

Topics: Not-for-profit Industry church accounting church ministry Mission Organization Missio Nexus Church Accounting Software

A Realistic Look at Future Accounting Technologies Part 2 - AI

Last month I wrote about Robotic Process Automation, its impact on finance and accounting technology, and how I see RPA as an impactful stop-gap measure for organizations unable to take advantage of fully automated API integrations, either because of cost or legacy technology limitations. However, as the future becomes more connected, web integrations can extract, transform, and transfer data more efficiently. Regardless of how the data is managed, whether through RPA or a direct integration, there is another technology that, when added to the mix, becomes the key value driver – and that is Artificial Intelligence (AI).  Combined with AI, RPA becomes less of a mimic and more of a virtual assistant.

So that brings us to Artificial Intelligence and how it appears to be one of the key technologies that will indeed unlock the future of finance and accounting.

Topics: Artificial Intelligence The Future of Finance and Accounting AI

Takeaways from ServiceTitan's Pantheon Conference 2019

AcctTwo recently sponsored and attended ServiceTitan's Pantheon user conference in Pasadena, CA. ServiceTitan is a mobile, cloud-based software platform that helps residential services companies streamline operations, improve customer service, and increase sales.

Topics: Events and Webinars ServiceTitan Residential Services

Takeaways from The Church Network Conference

Recently the AcctTwo faith-based nonprofit team attended The Church Network Conference in Charlotte, North Carolina. The Church Network Conference is a thought-provoking, three-day event offering multiple ways to network with church leaders, discover and seek out mentors, see emerging technologies, and hone your skills. The Church Network Conference provides a wealth of experiences and benefits for church leaders. 

Topics: church accounting church ministry Church Accounting Basics

A Realistic Look at Future Technologies and How They Impact Accounting

At AcctTwo, we strive to deliver the future of finance and accounting to our customers, but what is that future?  In this series I’ll share my perspective on some of the rapidly changing technology solutions that marketing departments and the media are hyping as up-and-coming technologies in this space, and how I see them impacting finance and accounting departments.

Topics: The Future of Finance and Accounting

Benefits of Outsourcing at Faith-Based Organizations

At AcctTwo, since our team comes from the faith-based community, we not only understand how important it is for you to focus on your mission, we help you do it!

Topics: church accounting finance and accounting outsourcing Faith-Based Outsourcing accounting outsourcing technology-enabled outsourcing IT Church Accounting Software PEO Outsourcing IT Outsourcing

Takeaways From The Pushpay Summit

Recently the AcctTwo faith-based nonprofit team attended The Pushpay Summit at Gateway Church in Dallas, Texas. The Pushpay Summit is not your standard church conference. With over 1500 attendees, you could feel the energy in the room. Ministry really matters at this conference and it is resonated throughout every session and absorbed in every conversation.

Topics: church ministry Faith-Based Church Accounting Software

“The Future of Finance & Accounting” means many things.

As a leader or future leader of the accounting and finance team at your organization you must play a prominent role in what is coming next. Your CEO, your Executive Director, your Board will expect more from your team than reporting the results from the previous month faster, projecting your cash position 30 days out based on recorded AR and AP, or meeting your filing deadlines on time. They will want your help to create a better customer experience, predict market changes based on current trends in demand, and recommend investment opportunities.

Topics: The Future of Finance and Accounting

Sage Intacct Provides Transparency to Marinus

Like so many companies, Marinus chose to use QuickBooks at the outset. But as Marinus expanded operations, it found that QuickBooks did not meet its needs for internal controls, management reporting, and external reporting:

  • Journal entries could easily be overridden
  • The chart of account structure required for tracking expenses by department and project was cumbersome
  • The financial reporting and budgeting capabilities were very limited and led to time-consuming, manual manipulation outside the application

Marinus needed an accounting solution that would tackle these concerns and also provide controlled access to real-time information to internal and external stakeholders alike.

Topics: accounting software ERP Accounting Customer Success Sage Intacct Digital Transformation IP Leap the Pond

Continuity Breaks Free From Excel with Sage Intacct

Continuity’s rapid growth put pressure on the finance organization to keep up. Like so many companies, Continuity originally chose to use QuickBooks and was forced to rely on spreadsheets to maintain complicated revenue recognition schedules for multi-entity arrangements and to deliver management and investors typical SaaS metrics like CMRR, CAC, and churn.

When Alan Hurwitz joined Continuity, he recognized the importance of putting in place the accounting infrastructure to support the company’s growth and at the same time offer a compelling value proposition (i.e. measurable ROI.) His auditing firm, Fiondella, Milone & LaSaracina, recommended that he talk to Leap the Pond. After Alan reviewed all his options, he decided that AcctTwo and Sage Intacct was the best fit – from both a functionality and cost standpoint.

Topics: accounting software ERP Accounting Customer Success Sage Intacct Digital Transformation Leap the Pond