Stepping Up from QuickBooks – 3 Capabilities Your Next Solution Should Provide
As they start to grow, many organizations take a conservative approach to accounting software and simply add new instances of QuickBooks for each new entity or location. Unfortunately, that means the challenges and obstacles only grow exponentially. By contrast, Sage Intacct cloud financials is designed to support the needs of organizations that operate multiple entities,…
PPP Application Deadline Extended in New Law
On March 30, 2021, President Biden signed legislation to extend the application period of the popular Paycheck Protection Program (PPP) through May 31, 2021. This followed a bipartisan 92-7 vote in the U.S. Senate to pass the Paycheck Protection Program Extension Act of 2021. PPP History The CARES Act established the Paycheck Protection Program (PPP) last…
Board Assessments Help Nonprofits Thrive During Challenging Times
With ongoing concerns about economic recession, it is tempting to put strategic initiatives on the back burner. It may seem counterintuitive, but now is the ideal time to revisit your Board of Directors (Board) and determine if your organization is compliant and operating optimally. An effective Board is essential for surviving tough economic times, fulfilling…
Sage Intacct Release 1 Highlight: Gain More Visibility, Efficiency, and Control in Your Daily Processes
This post was originally published on the Sage Intacct Blog We’re excited to announce the first new release of 2021. Release 1 is packed with a variety of new features, many of which came straight from customer suggestions. A key theme for this release revolves around improving daily processes by delivering more automation, control, and…
Is It Time to Modernize Financial Management for Your Company?
This post was originally published on the Sage Intacct Blog Having a strong financial system in place is always important. But in disruptive times, it becomes even more important. The pandemic crystalized what financial decision-makers had known for a long time: Outdated, clunky financials software can drag down the business in a world where decision-makers…
The Benefits of Digital Time & Expense Management
Policies are the “rules of the road” for running an efficient operation. From signs and traffic lights to speed limits, inspections, and cops, we need driving regulations to help us get to our destinations quickly and safely. Similarly, as team members in a work environment, we need structure to make sure we stay in our…
Is Mobile Bill Management Right for You?
4 Benefits of Managing Business Financials on Mobile In this high-tech, post-cash age, making payments on a mobile device is the new normal. But people aren’t just using their phones and tablets to purchase products or pay personal bills. They’re also using mobile devices to manage bills for their businesses. The popularity of mobile payments…
How AI Can Reduce Revenue Leakage for Professional Services
This post was originally published on the Sage Intacct Blog According to a recent publication from an IDC analyst, professional service organizations seem to hit a wall on profitability that is often short of their potential. This phenomenon is incredibly pervasive across the industry. The cause is nothing surprising. You can ask any finance leader and…
The Benefits of Integrated Budgeting & Planning
This post was originally published on the Sage Intacct Blog What does it take to successfully manage your business or nonprofit? How do you measure success? To answer these questions in the simplest form, you must have a plan, identify objectives to meet it, and identify metrics to measure progress toward your identified objectives. For…
SBA issues FAQs on Shuttered Venue Operators Grants
Venues affected by the COVID-19 pandemic may be eligible for emergency assistance from the US Small Business Administration (SBA) under the Shuttered Venue Operators (SVO) Grant. Late last week, the SBA released FAQs regarding eligibility, application, use of funds, revenue definitions, and other requirements. Venues that believe they may be eligible for assistance should review…