When it was time for public companies to implement the new lease accounting standard, many opted for a tool they already know: spreadsheets. Similar to the prior lease accounting standard, they figured this…
When it was time for public companies to implement the new lease accounting standard, many opted for a tool they already know: spreadsheets. Similar to the prior lease accounting standard, they figured this…
ProNexus provides cost-effective accountants to assist with year-end close & CPA firm readiness to help you avoid unnecessary delays & costly overruns from your CPA firm and tax preparer. Let us help you ensure a successful year-end close so that…
Introduction The new lease standard (ASC 842 and GASB 87 in the U.S. and IFRS 16 internationally) is intended to account for all lease obligations on financial statements, rather than excluding operating leases as has been the standard. This change…
When growing a business, the importance of keeping accurate and up-to-date financial records is imperative. Having strong accounting data indicates where a business is coming from and where it is headed. Without strong data, many small businesses end up in…
Through the Social Impact program, NetSuite provides a suite of cloud software built for nonprofits of all sizes to improve operations and grow their mission. The three pillars of the program ensure that all nonprofits globally are able to successfully…
Many fast-growing companies are using QuickBooks for basic accounting and bookkeeping. This is leading to frustrating manual processes and as they grow, they see an increased risk of errors, bottlenecks and inhibited growth. How do you know when it’s time…
Small and midsize businesses are working harder than ever to reduce their overhead expenses without negatively affecting overall efficiency. As the economic landscape continues to shift, an opportunity has arisen for many businesses who have previously been hesitant to consider…
Enables Accurate, Reliable Cross-Functional Data Sharing Answering to charity watchdog agencies that demand low administrative ratios and nonprofit management advocates that recommend full cost transparency, nonprofit associations often find themselves in the position of having to dispel the “overhead myth.”…
When demand for your product grows, your revenue grows. And when your revenue grows, your finance team grows. And when your finance team grows, your behind-the-scenes systems can get wildly disorganized. It’s no surprise, then, that many CFOs switch from…
“An organization’s ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage.” When the pandemic started, many companies’ first thought was how do they reduce their overhead and sustain some sense of revenue. There was…
A good business idea and a strong web strategy can create a new market almost overnight. At the same time, the good idea can be quickly swamped by more nimble competitors if it has to drag an outdated ERP infrastructure…
Written by: Anthony Mancuso, Data & Analytics Professional It is more important than ever for businesses to have a robust financial, planning, and analysis (FP&A) function during these uncertain times. One way to maintain this is leveraging data and analytics….
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