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AcctTwo Blog

Start Monetizing Your AP Stream in Less Than an Hour

In our daily lives, when we open our wallet to use our American Express card, we get rebates such as cashback and travel privileges. Every forward-thinking CFO has seen the potential to apply this approach in their business to both monetize their AP stream and dramatically reduce the cost of processing checks.

Historically, there have been two major barriers (a) The payments industry has been incredibly manual and (b) Doing this at “AP-scale” has been prohibitively complex and expensive. Well, times have changed.

This eBook will teach you how you can:

Topics: eBook White Paper Accounts Payable

White Paper: Aligning Sales and Finance - No More Compromises

The Business Case for Integrating Salesforce CRM and Cloud Financials

Bringing Sales and Finance Together

ERP and Salesforce needn’t be isolated islands of automation. Sensible, efficient integration is not only possible – it’s becoming a near-mandatory requirement for a growing number of organizations. And it’s possible today. Intacct’s acclaimed cloud ERP solution works seamlessly with Salesforce for sales/finance automation and visibility.

Topics: Intacct eBook White Paper Salesforce Integration

3 New Approaches for the Data Driven CFO

Driving Performance in Financial Services

Most executives would agree that the decision-making window has been getting smaller with each passing year. Information has become more readily available in real-time, but not all executives and finance leaders are able to take advantage of the data available to them.

Topics: CFO eBook White Paper analytics business intelligence

Next Generation Financial Consolidations

Consolidations have been a routine part of many corporate accounting departments for as long as most can remember.
 
What has changed over time is the complexity and compressed timelines of consolidations

Corporate accounting has long been viewed as the custodian and curator of financial data. However, whether it’s bringing the data together or distributing the financial results broadly, the financial consolidation process has long been an onerous drudgery of information assembly, validation, and reporting. The consolidation process for many corporate accounting groups is sometimes measured in months, often measured in weeks, and rarely measured in days.

Topics: eBook White Paper Multi-Entity and Consolidations

Spreadsheets in Finance: Manual rollups, errors, needless complexity, and simplistic reporting

We've posted before about the dangers of Excel-based reporting and other spreadsheet pitfalls in finance and accounting. Spreadsheets are an indispensable tool for some personal productivity and job functions, but they can be a hindrance to effective processes and controls in finance and accounting departments.

Topics: Blog spreadsheets accounting software White Paper Excel Featured Posts Awareness

Are You Ready to be a Tech-Savvy CFO?

Radical Change is Here

Your business is changing. Your market is changing. Even the macro-economy is changing. The question is: Are you changing?

For today’s finance leaders, adapting to this new environment is no longer optional. In many instances, the tools, strategies, methods, and tried-and-true metrics you’ve used to run a top-notch finance organization and forge a successful career—well, they might not be what you need to move forward. So are you content with the status quo, or are you ready to embrace a new role: change agent?

Many of the fundamental assumptions and methodologies that corporate finance has rightly trusted and relied on for decades are undergoing radical, transformative change, and the role of the chief financial officer will never be the same.

Topics: CFO White Paper

The 2016 Buyer's Guide to Accounting and Financial Software

The Modern CFO’s Balancing Act

Financial leaders today balance the need to manage an increasing level of business complexity with the need for speed. You’re expected to keep your eye on multiple entities with multiple regulatory frameworks and multiple currencies. Think that’s complicated? Now add frequent change to the equation. A monthly financial check-in isn’t good enough for today’s CFO. You need the agility to make decisions at a moment’s notice—and those decisions must be based on the real-time financial truth.

Topics: eBook cloud accounting software selection White Paper

Developing P&L Reports - Insight, Visibility, and a Single Source of Truth

Financial management systems are designed to measure and report business performance, but sadly, most systems fail to add value. Evidence of failure arises when one sees:

  • A plethora of detailed, system generated reports that have varying levels of adoption across the organization
  • Requests of finance for further ad hoc analysis before management can make important decisions
  • Slow reaction time to operational, competitive or strategic issues as they arise
    An inability to pinpoint performance issues using management information
Topics: Financial Reporting White Paper

The Insider’s Guide to Franchise Financial Management

Rising to the CFO Challenges

When “Migraines” and “Insomnia” feel like prerequisites

Few care to admit it, but the truth is undeniable: Running the financial operations as a multi-store franchisee will never be easy. Your company is turning to you for financial leadership, but as you add more locations and concepts and your organization grows, so do the challenges. How will you deliver the faster closes, cleaner audits, deeper analyses, regulatory compliance, and multi-unit consolidations that you need to manage and accelerate your growth? When you add it all up, the headaches and sleepless nights are almost inevitable.

Topics: CFO White Paper Franchises

White Paper: 7 Steps to a Faster, Better Close

In today's world, we expect instantaneous information with the click of a mouse. It's really no different for the consumers of financial information, whether they be CEOs, CFOs, board members, or investors. What does this mean for producers of that financial information? It means that it's very hard to meet expectations without the right people and the right technology.

Topics: financial close White Paper Automation and Workflow month-end close General Ledger and Month-End Close