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AcctTwo Blog

How an Automated SaaS Dashboard Can Spur Growth and Attract Investors

It’s been more than 20 years since Salesforce first launched their CRM, and today it stands as one of the largest SaaS companies in the world. In that time, the SaaS model has become ubiquitous. Despite incredible market growth, many SaaS and subscription startups fail for financial and operational reasons or due to market fit. Still others are unable to secure the necessary funding to stay solvent while they find their path to sustainable growth. Find out why an automated SaaS dashboard that calculates and visualizes the leading indicators of business health might have helped more startups, Series A, and even Series B companies succeed.

Topics: KPI Cloud Computing / SaaS Accounting SaaS saas intelligence saas intelligence product General

Succession Planning Examples: How to Prevent Chaos

A proper succession plan for the back-office is often overlooked, but it gives your business a roadmap of what to do next if your organization loses a leader unexpectedly. During the interim while a permanent replacement is being found, finances may not be well-controlled, projects can lose steam, and the business may see a decline. What are some other succession planning examples that could have prevented chaos?

Topics: business continuity succession Planning General

Online Giving for Churches Makes Donating Feel Like Worship Again

Recently we hosted our 6th annual Faith-Based Finance Collaborative, our church finance conference. As part of the event, Carl Tierney - CEO & Founder at Vision 2, presented a session on online giving for churches. Vision 2 realized that giving experiences felt more like bill payment and less like an act of worship. There was no personalized thank yous - just a transaction like paying your utility bill. It inspired them to start Vision 2.  

Topics: Faith-Based

Lessons from Amazon: What is Succession Planning?

Succession planning is extremely important for any size organization. For example, recently Amazon CEO Jeff Bezos announced that Andy Jassy would succeed him as CEO. Overall, in the media, the succession plan was widely accepted. What is succession planning and what can we learn from Amazon?

Topics: business continuity succession Planning General

Meet the Demands of the Remote Workforce

Recently we hosted our 6th annual Faith-Based Finance Collaborative. As part of the event, Tony Choquehuanca, Sales Director Midwest Region at Altec, presented an engaging session on how to meet the demands of the remote workforce

Topics: Faith-Based

The Evolution and Benefits of Strategic Accounting

I founded AcctTwo to help midsize companies and nonprofits with their finance and accounting technology and services needs. While I was at PwC, I saw the benefits of outsourcing non-core functions like accounting, payroll, HR, and other back-office departments for large corporations.  I knew that these strategic accounting services could benefit smaller organizations as well. 

As this new business venture called AcctTwo began to take shape, I knew that I wanted to provide these managed accounting services on one technology platform so that our employees could become specialists in one system and could specialize by function, eliminating problems that can arise when an accounting team is made up of a handful of jacks of all trades, masters of none.

Topics: General strategic CFO

How Disney Pivoted to a Subscription Revenue Model to Weather 2020

It has been an unprecedented year filled with highs and undeniable lows. We not only survived – we thrived. We learned what it means to truly pivot and overcome great challenges. At the same time, we celebrated every success in lockdown and learned what we are truly capable of.

Topics: Subscription Billing business continuity General

Simplifying Your Church Budget Challenges

Recently we hosted our 6th annual Faith-Based Finance Collaborative. As part of the event, Martus Solutions, presented a session on what to avoid and how to make managing your church budget easier.

Topics: Faith-Based budgeting

Benefits of Enhancing Your Accounting System with AP Automation

Recently we hosted our 6th annual Faith-Based Finance Collaborative. Bill.com has been a long-term partner and sponsor of our collaborative and presented at the event. Mitchell Yee, Senior Manager - Channel Partnerships at Bill.com, spoke to Cody Maynard - CPA, Pastor of Business Administration at Victory Life Church, about the benefits of enhancing your accounting system with AP Automation. 

Topics: Faith-Based General

How to Manage Church Finances: Tips from the Texas Ministry Conference

We recently sponsored and attended this year’s virtual Texas Ministry Conference. The conference was created to provide tools and resources for people in all types of ministry and ministry support to help them better understand how to manage church finances. This includes churches, schools, and other nonprofit organizations.

Topics: Faith-Based Texas Ministry Conference