<img src="https://certify.alexametrics.com/atrk.gif?account=YiINr1zDGU20kU" style="display:none" height="1" width="1" alt="">

AcctTwo Blog

Finance Leaders Overcome Digital Transformation Challenges to Come Out Stronger

If the COVID-19 pandemic has taught us anything, it’s that business operations needs to be early adopters of technology to overcome digital transformation challenges. Traditionally, finance and operation teams tend to be more conservative when adopting  platforms, so that controls and bugs are properly vetted, however – in our new remote world, we need to be as connected as ever. “An AvidXchange survey of 500 businesses found that since the pandemic began nearly three out of four businesses (74 percent) have added new technology to enhance work, reducing pressures and creating agility as they navigate a rapidly changing work environment.”

Topics: Finance Transformation Digital Transformation The Future of Finance and Accounting Remote Working General

Bolster Business Resilience with a Proactive Plan Post-COVID-19

Last week Marcus Wagner, AcctTwo's Founder & CEO, presented a webinar with Bill.com on how to bolster business resilience with a proactive plan. COVID-19 has brought upon unprecedented challenges and changes for businesses of all sizes. It’s critical to begin the shift into the learning and adaptation phases as quickly as possible to be able to emerge stronger from the pandemic.

Topics: cloud adoption risk mitigation Digital Transformation The Future of Finance and Accounting General

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

The Extend Your Runway Series

We are excited to announce The Extend Your Runway series. The Extend Your Runway series is a webinar event that will be 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: SaaS small business Start-Up Accounting SaaS The Future of Finance and Accounting Startup Guidance extend your runway

A Realistic Look at Future Accounting Technologies Part 3 - Preparing for AI

Our Future of Finance and Accounting blog series is designed to prepare finance teams at midsize companies and nonprofit organizations for changes in regulations, best practices, and technologies that will impact finance and accounting departments.

Topics: Artificial Intelligence The Future of Finance and Accounting AI

A Big Picture View of How AcctTwo Grows Successfully

Learning that AcctTwo was named Partner of the Year by Sage Intacct for the sixth straight year was quite humbling.  When I founded AcctTwo in 2010, while I certainly had big plans, I never imagined that we would garner the recognition that we have received not only from Sage Intacct, but also from the Houston Business Journal, Inc. 5000, and most importantly, the nearly 1,000 customers we have worked with and their reviews on G2 and their Net Promoter Scores for us. 

As every founder and CEO knows, the credit for success does not lie with the CEO, but with the high-performing team she or he is surrounded by. 

Topics: Sage Intacct Partner of the Year The Future of Finance and Accounting

Tectonic Shift in Measuring Success Is Taking Place – Are You Ready?

What is the new statement?  Why is it groundbreaking?  What have been the reactions to it?  What metrics can be used to measure an organization's success or failure to meet these new directives? How can CFOs and Finance teams leverage today's technology to provide these measurements?

On August 19th, the influential Business Roundtable (BRT), an association of the CEOs of roughly 200 of America’s largest companies, published a new statement of corporate purpose that has drawn praise, criticism, and skepticism. The new statement is groundbreaking and it's worth reading.

Topics: The Future of Finance and Accounting Business Roundtable

A Realistic Look at Future Accounting Technologies Part 2 - AI

Last month I wrote about Robotic Process Automation, its impact on finance and accounting technology, and how I see RPA as an impactful stop-gap measure for organizations unable to take advantage of fully automated API integrations, either because of cost or legacy technology limitations. However, as the future becomes more connected, web integrations can extract, transform, and transfer data more efficiently. Regardless of how the data is managed, whether through RPA or a direct integration, there is another technology that, when added to the mix, becomes the key value driver – and that is Artificial Intelligence (AI).  Combined with AI, RPA becomes less of a mimic and more of a virtual assistant.

So that brings us to Artificial Intelligence and how it appears to be one of the key technologies that will indeed unlock the future of finance and accounting.

Topics: Artificial Intelligence The Future of Finance and Accounting AI

A Realistic Look at Future Technologies and How They Impact Accounting

At AcctTwo, we strive to deliver the future of finance and accounting to our customers, but what is that future?  In this series I’ll share my perspective on some of the rapidly changing technology solutions that marketing departments and the media are hyping as up-and-coming technologies in this space, and how I see them impacting finance and accounting departments.

Topics: The Future of Finance and Accounting

“The Future of Finance & ERP Accounting” means many things

The Future of Finance and ERP Accounting Changes 5 Important Mindsets

As a leader or future leader of the accounting and finance team at your organization you must play a prominent role in what is coming next. Your CEO, your Executive Director, your Board will expect more from your team than reporting the results from the previous month faster, projecting your cash position 30 days out based on recorded AR and AP, or meeting your filing deadlines on time. They will want your help to create a better customer experience, predict market changes based on current trends in demand, and recommend investment opportunities.

Topics: The Future of Finance and Accounting