5 Telltale Signs Your Nonprofit has Outgrown QuickBooks

The pains of growing beyond the capabilities of QuickBooks A good fit for a small nonprofit, QuickBooks wasn’t built for the complex needs of an expanding nonprofit. Many small nonprofits manage accounting operations with small business software such as Intuit® QuickBooks®. QuickBooks is a great bookkeeping solution for small nonprofits, but as your organization grows…

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5 Ways to Drive Faster Crisis Recovery with Your Hospitality Accounting System

The COVID-19 pandemic has impacted industries across the board, but few have been hit harder than hospitality.  Hotels have had to find ways to cut costs as travelers postpone or cancel trips, and restaurants have pivoted from dine-in to off-premises. With efforts to contain the virus still ongoing, uncertainty is an ever-present obstacle in business…

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Mastering the Complexity of Revenue Management

Revenue management is among the top challenges with loosely defined regulations, evolving revenue recognition rules under Accounting Standards Codification (ASC) 606, and stiff penalties for noncompliance.  It can often overmatch the resources and expertise of many finance teams. Faced with these hurdles, companies must automate revenue management processes to gain efficiency, strengthen compliance, and improve…

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The 5 Questions SaaS CFOs Should Ask Their Controller

The new mandate for SaaS controllers—and CFOs As the office of the SaaS company controller becomes ever more strategic—creating higher levels of financial visibility to help drive growth and profitability—the financial organization’s relationship to the controller role must evolve as well. Specifically: Today’s CFO needs to work closely with the controller to ensure that, one,…

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Become a Finance Superhero

Take Your Accounting Skills to the Next Level Plenty of midsize organizations are teetering on the cusp of greatness, but just can’t quite figure out how to reach the next level. One way to give your organization the extra nudge it needs? Become a finance superhero and take your accounting skills to the next level!…

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Best Practices for Data-Driven Restaurants

Your accounting system should propel you forward, not just look backward Your restaurant has an abundance of operational and financial data. The right cloud accounting system enables you to harness data quickly and make proactive management decisions.  Manual processes and a lack of visibility into your locations or across the entire business hinder strategic decisions.…

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Confessions of a Subscription CFO

Where did it say sleepless nights in your job description? It isn’t easy being a CFO. As your organization grows, so do the challenges—board reporting, SaaS metrics, managing burn, faster closes, more intelligent revenue management, deeper analyses, regulatory compliance, multinational consolidations. If you need a better way, Sage Intacct offers robust, flexible, best-in-class financial management…

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Taking a Calculated Approach to the Off-Premises Revolution

A shift in how consumers eat out The off-premises dining market is enormous, and it’s not going away. Options such as fast-food drive-thru and phone-in pizza orders have long been around, but 2020 made everyone realize how critical an off-premises strategy is. Convenience with a focus on safety and consumer’s increasing comfort level with technology…

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Next Generation Financial Consolidation for the Hospitality Industry

If any industry were ever ready to step into the future, it is the Hospitality industry. The financial consolidation process has long been an onerous drudgery of information assembly, validation, and reporting. The consolidation process is measured in mind-numbing months for many Hospitality accounting teams. We’ve seen the difference only a few months can make. …

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2021 Nonprofit Technology Trends Report

HOT OFF THE PRESS! The 2021 Nonprofit Technology Trends Report The report shares the results of over 500 nonprofit finance leaders who participated in the survey.  Available in the report are the survey results around the topics of funding and donors; programs and services; communication and constituent engagement; market trends; technology; and accounting and financial…

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