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AcctTwo Blog

How a Mission Organization Uses Technology to Increase Visibility and Impact

In 1972, Sharon Johnson went to Haiti to direct a choir that was traveling around the country. As she looked into the faces in the crowds, she fell in love with the people of Haiti. She returned each year with her husband, Bob, and over time, they felt the need to provide the people of Haiti with help every day and not just once or twice a year. In 1983 they formed what is today Mission of Hope: Haiti (MOH).

Officially founded in 1998, MOH has since grown from a small mission located on a barren piece of land, to a fruitful organization that now houses an onsite orphanage, medical facility, school, and church. Through partnerships, MOH also serves outside of its property by helping other orphanages, churches, and schools throughout the country.

Topics: Mission Organization Customer Success Faith-Based Not-for-profit Industry

RPA Makes Room for Your Entire Accounting Agenda

Accountants have always relied on automation to make their lives easier, even going back as far as the abacus. But now thanks to data-driven technologies and self-directed processes, robotic process automation (RPA) is possible. And as a result of these new capabilities, accounting is transforming in a number of ways.

RPA is lowering costs, refining accounting insights, speeding up reporting, and eliminating errors and omissions. Where accountants really feel the impact of automation, however, is in their own workloads and schedules.

Topics: RPA Robotic Process Automation Accounting Accounting SaaS Finance Automation

The State of Finance and Accounting Outsourcing

With new tax laws hitting the books, trade relationships evolving, and both uncertainty and optimism on the rise, it’s not surprising that accounting is changing. Companies understand that a high performing accounting function is both a strategic advantage and a competitive requirement. And, increasingly, they are looking for ways to improve accounting processes and outcomes without inflating cost or complexity.

A new survey from the Shared Services and Outsourcing Network (SSON) suggests that in-house accounting departments are transforming rapidly. Rather than handling every responsibility on their own, they are relying on third-party support or Managed Accounting Services (MAS) to meet more of their accounting goals.

Topics: Managed Accounting Services (MAS) F&A outsourcing BPaaS business process outsourcing

4 Key Takeaways for SaaS Finance Innovation

Increasingly, the CFO and finance leaders in growth SaaS companies are the business model architects for analyzing and guiding the success of the company. 

Topics: best-in-class best-of-breed Suite Sage Intacct Partner of the Year Sage Intacct Sage Intacct News AcctTwo News Accounting Today Accounting SaaS ERP Cloud Digital Transformation Busines-Process-as-a-Service Managed Accounting Services (MAS) Audit and Internal Controls SaaS Finance Transformation

Audit is about to undergo a radical change led by Sage Intacct

ACCOUNTING TODAY--Sage Intacct plans to radically change audit. Audit is about to undergo a radical change, and Sage Intacct plans to spearhead it.“Radical change” means just that: Audit will not be what it always has been," said Aaron Harris, senior vice president and head of engineering and technology, in a keynote at Sage Intacct's annual user conference, being held this week in Nashville. Audit now is “after the fact, time-consuming and expensive — all just to gain some confidence that the controls are working and the numbers are correct.” 

Topics: best-in-class best-of-breed Suite Sage Intacct Partner of the Year Sage Intacct Sage Intacct News AcctTwo News Accounting Today Accounting SaaS ERP Cloud Digital Transformation Busines-Process-as-a-Service Managed Accounting Services (MAS) Audit and Internal Controls

Sage Intacct's 2018 FAQs & Resources for Getting your 1099s Done

Your Best Option for Getting Your 1099s Done Quickly

With the 1099 season upon us, we’ve compiled a list of frequently asked questions to help you tackle all of your 1099 forms and reporting with Sage Intacct's Financial Management software.

Topics: 1099s back office Taxes Income Taxes compliance Awareness 1099 Accounting SaaS Sage Intacct FAQs

What’s in Sage Intacct 2018 Version 3 Release?

Imagine coming into the office one morning to discover your enterprise accounting software has been automatically updated with powerful new features. It also features extensive upgrades and enhancements, along with tweaks designed to improve efficiency and productivity.

Sage Intacct users know exactly what this feels like. The financial management solution is updated once every quarter in ways that dramatically improve its quality and utility. Plus, thanks to the cloud the updates are automatically installed with no input from the user. A big part of why Sage Intacct has become an industry-leading solution is because it effortlessly improves all the time.

Topics: Sage Intacct Intacct Releases Customer Success Accounting SaaS

Managed Accounting Services: From Economies of Scale to Economies of Skill

ACCOUNTING TODAY-- Everything would seem to be “as-a-service” these days: infrastructure, platform, software, government, healthcare, storage and more. There is now even the term “anything as a service” or XaaS, which encompasses this entire movement. So, I apologize in advance to adding to the jargon with this discussion of Business-Process-as-a-service (BPaaS) and Managed Accounting Services (MAS).

Topics: best-in-class best-of-breed Suite Sage Intacct Partner of the Year Sage Intacct Sage Intacct News AcctTwo News Accounting Today Accounting SaaS ERP Cloud Digital Transformation Busines-Process-as-a-Service Managed Accounting Services (MAS)

Partnerships and People help AcctTwo Soar

ACCOUNTING TODAY - OCTOBER 3rd, 2018 - Since its foundation in 2010, Houston-based firm AcctTwo has grown quickly, and has in fact been one of the fastest growing value-added resellers on Accounting Today's VAR 100 list, doubling its revenue between 2015 and today. The firm attributes much of its success to its long-standing partnership with Sage Intacct, this year marking the fifth in a row that AcctTwo won the cloud accounting provider's Partner of the Year award. But the technology partnership has worked hand-in-hand with a successful recruitment and culture-building strategy to make the firm what it is today. 

Topics: best-in-class best-of-breed Suite Sage Intacct Partner of the Year Sage Intacct Sage Intacct News AcctTwo News Accounting Today Accounting SaaS ERP Cloud

Wishful Thinking from Suite-Based Software Providers?

A recent article in Forbes highlighted the breakneck pace of consolidations happening right now in the SaaS industry. Companies like Salesforce, Oracle, and SAP are all growing their enterprise app business by 25%-30% per year.

Those numbers are impressive, but it’s important to dive a little deeper to understand what is driving them. These companies are investing aggressively, but much of that money is going towards acquisitions. Rather than developing innovative ideas, the major players are simply buying up smaller companies and incorporating their capabilities. As a result, many enterprise apps are actually suites of products that promise one-size-fits-all utility.

Topics: best-in-class best-of-breed Suite