AcctTwo Blog

Learn how churches overcome challenges with modern accounting and church bookkeeping software and financial management services. 

Earlier this week we had a webinar to recap our Faith-Based Finance Collaborative and invited Tammy Bunting, CFO at Concord Church, to join us. Tammy was on our Peer Panel along with Jeff Barber from Park Cities Presbyterian Church, Sheila Buckler from Bent Tree Fellowship Church, and Brian Coleman from Covenant Church.

John Verver recently wrote an article posted on CFO.com about the top areas of concern with regards to employee fraud. It's a great article, which made us want to draw attention to it, and it also got us thinking about the subject when it comes to what we do here at AcctTwo. 

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.

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.

I met with a banker yesterday from one of the top 3 big national banks. We were introducing him to AcctTwo and our business process outsourcing services for small and medium-sized companies. We thought he would appreciate knowing that his clients could use AcctTwo to generate more timely and accurate financial and management reports, and his bank would get their required financial statements and borrowing base covenant calculations much faster.

A few weeks ago I wrote a post about the total cost of ownership of your accounting software. As I pointed out, there are many more hidden costs of owning and operating your own enterprise accounting software than many people realize. If you haven't read that post, you might want to read it first, as this post builds on the concepts already introduced there. This post discusses the total cost of ownership of the entire finance and accounting function, including the enterprise accounting software and all the other costs.

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.

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.