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AcctTwo Blog

The Growing Need for Managed Accounting Services

Is it Time to Consider Managed Accounting Services

Data is the currency of the future. The organizations that make the most of the information flooding into their offices gain a distinct competitive advantage and lay the foundation for sustained success.

The challenge, however, is that data has no value unless it's tracked, stored, managed, and analyzed carefully. While most companies have more than enough data to work with, few have the resources necessary to leverage it successfully. Ambitious companies are forced to make a difficult choice – add expensive new staff and technology to the ranks, or risk losing out on the next big opportunity. In order to resolve this catch-22 scenario, consider enlisting a third possibility.

Topics: bpo Business Intelligence / Analytics BI BPaaS Analytics-as-a-Service Managed Accounting Services (MAS)

Business Intelligence - An Integral Part of your ERP Tools

Is Business Intelligence Part of Your ERP Tools?

It’s the first day of the month, the finance and accounting teams are reconciling balance sheet accounts, recognizing revenue, accruing expenses, and recording financial transactions. Everybody is busy working against the clock to have the financial statements ready on time. Then a request from the senior management team arrives. They want a series of sales reports so they can decide when to launch the new product line.

This is a situation where a Business Intelligence solution would’ve been very handy. But let’s start with the basics.

Topics: Business Intelligence / Analytics BI business intelligence

Finding Insight Amongst the Bloom of Business Intelligence

From Intacct's View from the Cloud Blog:

Today we continue with the next installment from our series of videos with eCornell - see the first two posts here and here. In this edition, Clark Newby discusses how you can find insight buried in the vast quantities of business intelligence (BI) data amassing from business systems today.

Topics: Blog accounting software management reporting View from the Cloud Intacct Business Intelligence / Analytics BI Financial Reporting business intelligence Financial Analysis, Ratios and KPIs reporting Awareness