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AcctTwo Blog

Highlights From Deloitte's Midmarket Trends Report

Deloitte recently conducted its annual survey of decision makers in midmarket companies. Over 500 participants offered their insights and opinions about the positive and negative forces affecting companies with revenues between $100 million and $1 billion. Any company falling in or close to that range should consider what industry leaders are feeling optimistic and pessimistic about moving forward.

Topics: middle market Cloud computing process automation Survey

Is Blockchain Coming to Midmarket Finance & Accounting?

The term blockchain gets referenced a lot lately. In fact, we wrote a whole piece about it several years ago. The only problem is that blockchain is still poorly understood, and its association with the cryptocurrency Bitcoin only leads to more misconceptions.

Let's start with a basic definition: Blockchain is a form of peer-to-peer database technology that is distributed among users. It can be shared widely and added to endlessly, but once information is entered it cannot be changed. Imagine a digital receipt that continues to print endlessly.

Topics: middle market Accounting Blockchain Cryptocurrency

AcctTwo's CEO Reflects on the Many Challenges Growth Often Brings

Middle Market Thought Leader Podcast Summary

In case you missed Marcus Wagner's interview on Jack Sweeney's Middle Market Thought Leader podcast, I wanted to share a summary of that interview with you. Marcus discusses his experiences building a middle market company from the ground up and touches on the following experiences, challenges, and "Aha Moments":

Topics: middle market mid-sized business Podcast

Middle Market Thought Leader Podcast: AcctTwo Leaps Into The Middle Market

AcctTwo CEO, Marcus Wagner interviewed by Jack Sweeney for Middle Market Thought Leader

From the Middle Market Thought Leader website:

"The middle market has always been a source of up-and-coming accounting clients for regional CPA firms, and such was the case for Marcus Wagner, who established a Houston CPA firm only to grow enamored with yet another mid-market opportunity. Join us when Marcus Wagner, founder and CEO of AcctTwo, recounts how cloud computing led him to bootstrap a shares services business he now views as the future of finance inside the middle market."

Listen to the full podcast below...

Topics: middle market Videos Podcast

Ephor Group Chairman Garry Meier Talks About Lessons Learned in the New Economy for SMBs

Ephor Group Chairman Garry Meier Talks About Lessons Learned in the New Economy for SMBs, AcctTwo CEO Marcus Wagner talks about business process outsourcing for SMBs, Intacct Channel Executive Peyton Burch talks about the benefits of Intacct's on-demand accounting and financial management system.

Topics: Blog middle market shared services back office management reporting FAO information systems Intacct Professional Services Industry CFO F&A outsourcing SaaS Outsourcing accounting outsourcing Intacct Media Coverage Software as a service controller outsourced finance and accounting internal controls Cloud computing outsourced back office Videos Accounting compliance bookkeeping

Size Doesn't Matter

I've had many conversations with people about business process outsourcing (BPO) and finance and accounting outsourcing (FAO), and whether a company is either too big or too small for outsourcing to make sense. Some people take the position that smaller companies should outsource, but will get to a certain point where they should really bring their accounting function in-house.

Topics: Blog outsourced accounting middle market shared services back office FAO CFO F&A outsourcing Outsourcing accounting outsourcing controller outsourced finance and accounting outsourced back office Accounting Featured Posts bookkeeping

Operating in the Fog

One thing about living in Southeast Texas is that you never have to worry about having the same type of weather pattern between October and April. It can be sunny and 80 degrees one day and 45 degrees with a nasty north wind the next day. You never really know what you can expect, so you need to rely on the weatherman or weather sites to help you prepare for the coming days.

Topics: Blog outsourced accounting middle market accounting software shared services back office management reporting FAO Business Intelligence / Analytics CFO F&A outsourcing Outsourcing accounting outsourcing Software Evaluation controller outsourced finance and accounting outsourced back office Accounting bookkeeping

Can Your Fantasy Football Team Run Circles Around Your Accounting System?

I love playing Fantasy Football. I’ve been playing it since 1992 when a group of friends got together to form our first league. Honestly, I didn’t understand Fantasy Football, but just being able to hang out with my friends and compete with them was enough to suck me in.

Topics: Blog outsourced accounting middle market accounting software shared services back office management reporting FAO Intacct Business Intelligence / Analytics CFO F&A outsourcing Outsourcing Financial Reporting accounting outsourcing Cloud Computing / SaaS Software Evaluation AcctTwo News Software as a service controller Cloud computing Informational outsourced back office Financial Analysis, Ratios and KPIs Accounting Featured Posts bookkeeping

Overcoming the Back-Office Growing Pains of Being a Mid-Sized Company

There are many small and many large companies, but few mid-sized companies in between. Often companies don’t survive the growing pains inherent in being mid-sized.

The finance and accounting department is one that typically poses the most challenges. Once companies have outgrown a program like QuickBooks, they often get lost in a shoebox of receipts before they can afford a major server-based accounting system, or the finance staff to support it.

Topics: Blog middle market accounting software shared services back office management reporting FAO information systems CFO F&A outsourcing Outsourcing controller Informational Accounting bookkeeping