How SaaS Companies Can Master Revenue Recognition and Compliance with Sage Intacct For private companies, the compliance deadline for ASC 606 revenue recognition criteria is mere weeks away—starting fiscal year 2019 (or after December 15, 2018). Subscription-based business such as SaaS companies may be feeling some trepidation as the time nears. And no wonder. ASC 606 has been […]
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Your On-Premises System is Killing Your Close Time
The year-end close is known as a necessary evil in accounting. But does it have to be? Even in the relatively stable world of accounting, the process of the year-end close, even for mid-sized businesses, has gone through a transformation. As technology automates processes the need for a faster year-end close has exploded, all while maintaining […]
continue reading...Sage Intacct Brings Budgeting and Planning to the Cloud!
Sage Intacct announced the launch of the Sage Intacct Cloud Budgeting and Planning software. At last, the first simple and affordable cloud-based financial budgeting software has arrived. Deploy it in a few days and you’ll never look back. Let’s face it, you have to do a budget. It’s a chore, it’s hard work, and for most […]
continue reading...The Cross Over: How ERP Software May Leverage Consumer Tech
Consumer products are ever evolving. The tech space has exploded with devices and software beyond what we could have comprehended even 15 years ago. With some of these devices taking a hold on the modern family we begin to think, “Could some of this tech find its way into the ERP space?”. I have been […]
continue reading...Reporting Horror Stories: Manual Data Entry Woes
This post can originally be found on Massey Consulting's blog page. We all strive for perfection, especially when it comes to our financials. Outdated and on-premises systems that at one time were life savers, now are growing liabilities for today’s modern businesses. Outdated reporting systems can wreak havoc on your data accuracy, productivity, and your […]
continue reading...Looking for a Potential Accounting Software? 5 Questions You Need to Ask
This post can originally be found on Massey Consulting's blog page. If your current financial management solution is starting to create productivity issues, it might be time to move on. Before you do, consider these questions to ask first. 1. What kind of benefit can we get from cloud accounting? The cloud offers anytime/anywhere accessibility. […]
continue reading...Smart Rules in Sage Intacct Plus a Free Download!
So: where are my customers? The side effect of having a nimble, sophisticated system to run your company is moving fast. Sometimes too fast. Ever rush to create a customer only to realize you left out some important information? What about overlooking (gulp) which state a company resides in? The easy mistakes to make can […]
continue reading...Introducing the GuideStar Nonprofit Board Book for Sage Intacct
Sage Intacct and GuideStar have created a GuideStar nonprofit financial board book that delivers real-time visibility into several facets of nonprofit organizations. Using real-time balance sheets, expense data, and revenue pulled directly from Sage Intacct, users get a window into their financial health, mission impact, and sustainability. Want a demo? Drop us a line on our contact […]
continue reading...Biotech Companies: Prepare to Scale with Cloud Technology
This post can originally be found on Massey Consulting's website. Essential Financial Management Practices of Biotech Companies – A 5-Part Series Prepare to scale with cloud technology The growth trajectory for biotech companies is unique – years of research followed by fast expansion with the success of a product. Cloud technology is well-suited to scale […]
continue reading...Sage Intacct – Global Consolidations
It’s one thing to transact in different currencies. But what if you have multiple companies with different currencies and need to consolidate? In that case, Sage Intacct global consolidations is indispensable. Sage Intacct’s global consolidations gives you everything you could hope for in a sophisticated and elegant interface. One‐click consolidations… we even allow for scheduled […]
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