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AcctTwo Blog

Chris Grady

Recent Posts by Chris Grady:

SaaS Finance: Are You Sitting in a $20,000 Meeting?

Think about the last mismanaged meeting you attended. Who was in the room? How many executives were in it? Did that meeting go long, or turn into two or three meetings? Without question, every meeting needs a clear agenda. A lack of an agenda leads to disorganization, mass confusion, and meetings that are far more likely to get off track or hijacked. A mismanaged meeting leads to a black hole of inefficiencies and wasted salaries. Makes sense, right? Well, a SaaS finance meeting run using Excel as the backbone of your financial platform leads to the exact same challenges.

Topics: finance and accounting outsourcing software companies SaaS Start-Up Startup Guidance

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

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

Financial Management Software 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 Process Outsourcing

Is Accounting Process Outsourcing the New Normal?  5 Trends Emerging Now and in the Future. 

At AcctTwo, we have many robust discussions 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

Cingo's Journey with Sage Intacct & Bill.com - Bill Paying Software

Recently we spoke to Travis Craft, CFO at Cingo about his Sage Intacct implementation, how Sage Intacct has been impacting his business, and about his journey with Bill.com, bill paying software.

Cingo was outgrowing its current accounting solution, Sage 100/MAS 90. Not wanting to invest in an on-premise model, going to the cloud was a quintessential requirement.

Topics: cloud financials Billing and Accounts Receivable cloud accounting Sage Intacct ERP Cloud Bill.com

Focusing on the Big Picture in a Startup Environment

Running a startup is hard. It is your baby and you give your mind, body, and soul over to it. Yet while you started with a focus on the big picture, it is easy to get lost in the weeds very quickly. At AcctTwo, we understand your headspace not only because we were a start-up ourselves, but because we work with start-ups everyday.

Topics: SaaS Managed Accounting Services (MAS) Strategy Finance Transformation