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AcctTwo Blog

What Do I Need to Raise Capital?

Raising capital is one of the hardest things a founder can do and it will consume a significant amount of your time. 

Given what we are experiencing with COVID-19, it is even more challenging. Interestingly, today “the biggest change lies in not the money itself, but the appetite for uncertainty. Most investors are going to be more cautious currently, which will require some form of uncertainty premium as a part of the terms. One way to ensure that you can raise money confidently in this time is to get intimately familiar with cash flow on a day-to-day, week-to-week basis.” 

Topics: Business Intelligence / Analytics mid-sized business venture capital Start-Up Startup Guidance

Are Your Reports Investor Worthy?

To quote Wayne’s World, “We're not worthy!”, is how most startups feel when reporting to investors, or potential investors, with their outdated Excel sheets riddled with manual errors. You started your startup on the core belief that your product or service is game changing, and you want the world to know it. But the minute you get in front of an investor you start to second guess yourself and your numbers.

Topics: Business Intelligence / Analytics SaaS Financial Reporting analytics business intelligence Financial Analysis, Ratios and KPIs Dashboards Start-Up Accounting SaaS Startup Guidance Investor Reporting

The Top 4 Challenges of Church Accounting Software and Their Solutions

Within nonprofit Finance and Accounting, church back offices have unique challenges to solve with church accounting software solutions. Thankfully, with new accounting and ERP technologies designed for and affordable for churches, these unique challenges have better results than ever before to help maximize stewardship.

Topics: church accounting church ministry

Improved Sage Intacct Expense Tracking from Above

We recently spoke to our friends at Nexonia about Sage Intacct expense tracking. They shared some of their thoughts around the cloud and how cloud-based solutions are shaping the future, especially when most organizations are working remotely during COVID-19. 

How Can I Manage Cash?

No matter the size of your company, there is nothing more critical than the ability to generate and manage cash. Cash is the lifeblood of the company; and the most critical factor in survival. Nearly 40% of startups fail because of financial challenges; and while that number certainly has the potential to grow with COVID-19, we want to share some practical cash management advice to not only weather this unprecedented time, but also put in place responsible cash management practices that will serve you well now and in the future. 

Topics: business climate business intelligence Best Practices Finance Transformation Startup Guidance

Finance and Accounting Playbook Sound Transaction Management

At AcctTwo, when we refer to Sound Transaction Management we mean setting up the right chart of accounts, optimizing the order-to-cash and procure-to-pay processes, and capturing all the relevant information in the right place. 

Topics: business intelligence Accounting Finance Transformation Startup Guidance

Finance and Accounting Playbook Proactive Planning

The Extend Your Runway series was led and moderated by Marcus Wagner. Marcus is the founder and CEO of AcctTwo, a services and technology company delivering the Future of Finance and Accounting to nearly 1,000 organizations throughout the country.

Topics: planning business intelligence Planning, Budgeting and Forecasting Startup Guidance

Future of Finance & Accounting Infographic

At AcctTwo, we are consumed by answering questions about the future with and for you. We see a future that improves Visibility, Controls, Efficiency, Agility, Compliance, Professional Development, and Quality of Life. Last year we wrote a blog post on the topic:

Topics: outsourced accounting Managed Accounting Services (MAS) The Future of Finance and Accounting

Finance and Accounting Playbook Overview & Proactive Planning

The Extend Your Runway series was led and moderated by Marcus Wagner. Marcus is the founder and CEO of AcctTwo, a services and technology company delivering the Future of Finance and Accounting to nearly 1,000 organizations throughout the country.

Topics: small business business intelligence Software and Technology Industry

Sage Intacct Cloud Accounting Software Action UI Changes May 15, 2020

Action is a powerful user interface built to save you time because it models the way you work. It utilizes new innovations to facilitate high productivity across your organization. On May 15, 2020, Sage Intacct will officially switch to the new Action UI by default. This means that the option to switch back to the previous UI will be disabled for most Sage Intacct cloud accounting users.

Topics: accounting software cloud accounting Accounting Sage Intacct