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How to Control Your Cash Position and Reduce Customer Churn with SaaS Metrics
DAVID APPEL & FEYIKEMI ONIYITAN December 06, 2022 4 min read For SaaS CFOs, guiding the direction of their company is a lot like someone steering a massive ship. The ship itself is so much larger than the person controlling it that it seems almost shocking that they can exert so much influence over the vessel’s […]
Want to Survive the Recession? Focus On These SaaS Metrics
Surviving and thriving in business regardless of external financial conditions might sound too good to be true. SaaS is a highly competitive industry, and even the top players in the market can have their good fortune reversed if they aren’t constantly vigilant. Developing a hawk-like focus on your metrics–and just as importantly, knowing which SaaS […]
Transcard Eliminates 120 Hours of Manual Data Work as It Scales Its Global Payments Business
DAVID APPEL December 07, 2022 3 min read An on-premises Sage 50 accounting system had served Transcard well for years, but the need for speed, insights, and scalability increased as the company grew its customer base and international presence. Adding new global locations forced the accounting team into manually consolidating multi-entity financials at Transcard, a world […]
The Redefined CFO
Changing leadership for a changing world The past two years have seen unprecedented social change and disruption. This demands new kinds of leaders, capable of delivering purpose-driven strategies flexible enough to embrace digitalization and new ways of working. In response, finance leaders are proactively nurturing non-traditional skills to help them navigate complex, technologically-enabled industries. …
Driving Nonprofit Finance Efficiency with Paperless Automation
With today’s modern technology, there’s no need for paper in the office. When the pandemic hit, many nonprofits experienced an urgent need to undergo rapid digital transformation. Cloud business systems helped staff stay productive while they worked from home under government stay-at-home orders. As the world opened back up, it became clear that many of…
The Top Five Signs You’ve Outgrown Sage 50
How do you know if you’ve outgrown Sage 50? Many small and mid-sized businesses rely on Sage 50 to meet their organizations’ accounting and financial management needs. As one of the most reliable desktop accounting solutions, with a loyal base of customers, it’s easy to see why. For lots of businesses, it’s the first and…
The Nonprofit Finance Team Survival Guide
Trying to survive in a complex environment is hard. Nonprofit finance teams operate in a more challenging environment than ever before. Good financial stewardship plays a critical role in maintaining funding relationships and attracting new donors. Finance teams face pressure to provide full transparency for compliance and better visibility into both financial metrics and outcome…
Three Reasons to Consider An Asset Management Solution Over Spreadsheets for Prospects
How much time do you spend entering fixed asset data into spreadsheets? Hours? Days? Once the data is in there, are you manually calculating and tracking depreciation? Are you then manually entering journal entries into your accounting system? If so, it’s time to think about a solution that unifies fixed asset management with core financials.…
How to Speed Up Your Nonprofit Audit with Audit-Ready Financials
What Goes into a Nonprofit Audit? The audit of a nonprofit organization consists of two parts: An auditor review of your GAAP-compliant financial statements, and a separate compliance audit to assess risk and internal controls. Most financial statement risk in any nonprofit organization comes from errors in judgment or faulty financial management processes. Therefore, an…