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AcctTwo Blog

How to Convince Your Exec Team It’s Time to Switch Cloud Accounting Software

It’s likely that when your company was started or founded that your executive team went with the easiest, quickest, and most cost-friendly solution to handle its accounting needs just to get things started. But the truth is that start-ups outgrow the tools that launched the company. Not only can your old system be outdated, but ability to handle higher volumes of work might even be inhibiting your ability to grow.

Topics: accounting software ERP cloud accounting Accounting Finance Automation Customer Success Sage Intacct RPA Digital Transformation ERP Cloud Accounting SaaS

Two Organizations Join Forces to Better Support Mid-market Finance Transformation

We're very excited to make public our announcement that AcctTwo has acquired Leap the Pond. This is the joining of Sage Intacct's strongest partner for five years running with another one of Sage Intacct's top partners to better serve mid-market companies and nonprofit organizations. The acquisition represents two very similar cultures focused on customer success and providing cutting edge accounting and financial management technology as well as managed accounting services to organizations struggling with legacy systems, manual processes, and a lack of real-time visibility into financial and operational data. To learn more about the acquisition, read the press release.

Topics: Sage Intacct Strategy ERP Cloud Accounting SaaS Leap the Pond Acquisition

What’s New in the Winter 2018 Release of Sage Intacct's SaaS Platform?

I’m excited to share that Sage Intacct has just launched the latest version of our award-winning cloud financial management software—Sage Intacct 2018 Release 4.

Complexity in our modern world is everywhere. Some might argue that Accounting and Finance have more than their fair share of it. We love simplicity, but we don’t want to be restricted. Sage Intacct was built to take the hard-to-do nature of accounting and make it simple. Over time, we’ve added capabilities to make it comprehensive, auditable and scalable.

Topics: Intacct Releases cloud accounting Accounting Managed Accounting Services (MAS) Accounting SaaS Release Winter Release 2018

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

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: Accounting Finance Automation Robotic Process Automation RPA Accounting SaaS

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

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

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

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 Sage Intacct Accounting SaaS 1099 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: Intacct Releases Customer Success Sage Intacct Accounting SaaS