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AcctTwo Customer, SailPoint, up 8% after Successful IPO

SailPoint Seen as a Strong Buy and Valued at More Than $1 Billion after First Day of Trading

At AcctTwo, we're laser focused on the success of our customers, so when we heard the news about SailPoint's successful IPO last week, we had to share it. SailPoint is the leader in enterprise identity management. The company’s open identity platform gives organizations the ability to enter new markets, scale their workforces, embrace new technologies, innovate faster and compete globally. As both an industry pioneer and market leader in identity governance, SailPoint delivers security, operational efficiency and compliance to enterprises with complex IT environments. Their customers are among the world’s largest companies in virtually every industry, including: 9 of the top banks, 7 of the top retail brands, 6 of the top healthcare providers, 6 of the top property and casualty insurance providers, and 6 of the top pharmaceutical companies.

Topics: Initial Public Offering Financial Reporting Accttwo Clients Finance Automation

How the Cloud Provides Calm During the Storm

The tragic destruction caused by hurricanes Harvey, Irma, and Maria is still fresh on everyone's mind. And while the images of flooded streets and submerged homes loom large, it's worth it to consider the structures that survived as well.

Recent storms were notable for the widespread, unsparing damage they caused. But even in the face of unprecedented natural disasters, some structures managed to weather the wind and rain unscathed.

The New York Times recently profiled several data centers located at the center of these storms. Even as wind speeds increased and flood waters rose, these facilities kept the lights on and the floors dry. Some even served as shelters for employees and their families looking for a safe haven.

Topics: Security and Performance Costs Cloud Computing / SaaS Hurricane Disaster Recovery Reliability

Technology Is Great, but It's Nothing without the Right People

It's next to impossible to overstate how much technology has (and will) change the face of business. But what is just as remarkable is how crucial the human element remains in offices around the world.

Advances in automation, big data, machine learning, and sophisticated analytics promise to make the impossible accessible. What these technologies will not replace, however, is highly-trained professionals with extensive experience and expertise.

Topics: FAO bpo BPaaS Managed Accounting Services (MAS)

Time to Close the Books is Trending Downward Due to Advances in Technology

Accelerating time to close has not traditionally been a key focus for finance and accounting executives. But now that companies of all sizes across all industries (including nonprofits) are looking for a competitive advantage, every process is ripe for improvement. And thanks to new approaches and new capabilities, time to close has shrunk significantly.

Topics: financial close Automation and Workflow General Ledger and Month-End Close process automation Finance Automation

Video: Agility and flexibility in accounting with AcctTwo and Sage Intacct

Sage Intacct's software paired with AcctTwo's services gives businesses and nonprofits access to incredibly powerful and configurable software and processes.

Topics: Videos Customer Satisfaction testimonials Sage Intacct Agility

Takeaways from the Latest KPMG CEO Report

Every year KPMG conducts a comprehensive survey of CEOs from companies in diverse industries. The goal of the survey is to identify the issues, obstacles, and opportunities that are on the minds of today's business leaders.

The report is worth a read, because it reveals a lot about the current business atmosphere. But in order to save you some time we have highlighted the most relevant takeaways for CEOs with an eye on optimization and future success.

Topics: Informational Report Survey

Sage Intacct Just Keeps Getting Better

Sage Intacct Undergoes a Major Upgrade

The needs of today's accounting and finance professional are constantly growing and changing. In order to continue to be the ERP of choice for these professionals, Sage Intacct is always growing and changing too, releasing four full releases each year at no additional cost to users. We thought we'd highlight a few of Sage Intacct's most recent enhancements:

Topics: Intacct Releases Sage Intacct

Exploring ERP Evolution on the iPhone 10th Anniversary

The first iPhone went on sale June 29, 2007. Over the following decade, it became one of the most transformative technologies ever introduced. Few people realized it then, but that day in late June represented a major tech milestone.

Topics: ERP History of ERP

How is GAAP Accounting Like Baseball Statistics?

The relationship between baseball and accounting is not immediately obvious until you consider how detail-oriented both are. Baseball relies on a byzantine set of statistics; Accounting focuses on a dizzying array of figures. Success or failure is evident through metrics alone.

Topics: Financial Analysis, Ratios and KPIs Operational Reporting GAAP Metrics Baseball Stats

The Definition of Cloud Computing - Revisited

The cloud has been at the center of the IT conversation for more than a decade now. But for much of that time the discussion has focused on the core benefits of the cloud – cost, simplicity, and flexibility – rather than its ongoing evolution. As a result, we tend to talk about the cloud as it existed 10 years ago rather than how it exists today.

Topics: Cloud Computing / SaaS Cloud computing