Cloud Accounting

Penny for Your Thoughts?

Pennies are often overlooked and undervalued.  Saving a few cents here and there may not seem like a big deal, until they add up over time.  What if you could save a few pennies and turn them into dollars and into more dollars?  Of course that’s a silly question, we all could use a few…

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Have Your Important Business Data in Your Pocket

Many of us wouldn’t leave the house without our favorite suit or lucky tie the morning we meet with our biggest customer or to discuss business with the shareholders. Although that hasn’t changed much, there is another thing you never want to leave home without for those important meetings. Having your most valued business data…

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The Two Most Important Features to Accounting Software

A common deciding factor for businesses evaluating accounting software is the tool’s ease of use. If the user interface is modern and easy to use, then users are drawn to it. However, the ease of use can get companies into a bind. For example, entry-level accounting software can be very easy to use, but if…

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The Future of E-Invoicing Just Got Brighter for SMEs

Electronic trading and EDI have been around since the 1970s and the hard evidence shows that adopting e-invoicing can significantly reduce costs, improve processes and increase essential visibility. So why do only 20% of companies send invoices electronically? Also why are these organizations predominantly large ones? Fundamentally there are three main barriers companies face when…

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Top 5 Ways Predictive Analytics Will Transform Your Business

Advancements in technology and the expansion of cloud computing allow companies to analyze more data than ever.  Consumers are also creating more data than ever recorded in human history.  Over 60 hours of video are uploaded every minute onto YouTube.  That single statistic is staggering if you consider over 90% of the data created throughout…

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How Is Cloud Accounting Transforming CPA Firms?

Accounting firms increasingly are adopting cloud accounting as CPAs discover how cloud and mobile technologies help them provide better customer service, according to a survey highlighted in an article on the TechJournal website. With more young people working for these firms, it’s changing the way traditional CPA accounting businesses operate.

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Does Today’s Cloud Accounting Software Need A New Acronym?

Is the term ERP outdated? An article on the Enterprise Irregulars website suggests a new acronym, FRM, is better suited to describe today’s cloud accounting software that focuses on financial and revenue management. FRM is fitting because more companies are paying attention to those areas. It’s critical to customer retention and satisfaction.

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5 Keys To Creating A Great Cloud-Based Accounting Strategy

Spelling out how cloud-based accounting can deliver business value and save money is the key to winning executive approval for such a move. An article on Forbes.com explains how to convince the C-level that cloud computing is a good strategy by focusing on the potential to lower operating costs and the reduced need for as much internal IT support.

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What’s The Key To A Successful Cloud-Based ERP Implementation?

Some CIOs hesitate when it comes to a cloud-based ERP implementation. As an article on the Panorama Consulting Solutions website explains, migrating to the cloud usually is beneficial in the long term, but it’s not always an easy move. A phased implementation is a good strategy for many companies that have both on-premises and cloud solutions.

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