Intacct and HRMS – a Seamless Fit

Today's guest post is from Brian Terrell, CPA, founder and managing partner of BTerrell Group and CodePartners. BTerrell Group is a Platinum Sponsor of Advantage 2014 in Orlando, Florida from November 9-13.

Intacct delivers best-in-class cloud accounting and finance applications that easily integrate with other best-in-class cloud solutions such as Salesforce, Avalara, Orange Leap, and many more. These software partners seamlessly link to and share transactions with Intacct using web services or the Intacct Platform. Many Human Resource Management Systems (HRMS) and payroll providers have supplied compatible, manual import integration with Intacct for years, but soon a cloud-to-cloud, bi-synchronous HRMS link utilizing Intacct's superior integration capabilities will be available.

Introducing Intacct Collaborate

Today is an exciting day at Intacct. At Dreamforce 2014 in San Francisco we’re introducing Intacct Collaborate, a new collaboration backbone built directly into the Intacct financial system. Intacct Collaborate builds on our ten year relationship with to deliver a better way for Finance, Sales, and Services teams to streamline communications and speed work execution.

Intacct Collaborate embeds Salesforce Chatter, the leading enterprise social network, into Intacct to create a secure social layer across all finance processes and across devices through the Salesforce1 Mobile App. For Finance, Sales, and Services employees, this means they can now work collaboratively to keep processes efficient even in the face of snags due to requested exceptions, ambiguous data, or changing policies.

When did billing become so complicated?

Today's guest blog post is courtesy of Nik Puni, President of Sererra. Sererra is a Platinum Sponsor of Advantage 2014 in Orlando, Florida from November 9-13.

In the technology world, 2008 seems like an eternity ago. Back then the SaaS market was still maturing with the majority of software publishers offering on-premises software the old fashioned way. As cloud adoption has increased, there has been a dramatic shift away from selling perpetual licenses with annual maintenance to a recurring, consumption-based revenue model. Embedded in this shift is the ability to offer new pricing models based on usage and elasticity-of-demand. 

You Can’t Manage What You Don’t Measure

This week, Intacct is pleased to welcome a guest blog from AvidXchange.

You've probably heard the old adage, "you can't manage what you don't measure". This statement holds true when analyzing the costs to process invoices. Most organizations have never taken the time to truly understand what it costs them to process just one invoice or pay one bill, and are truly shocked when they find out their true costs. It seems that companies’ biggest hindrance to establishing their cost per invoice is that they are too busy with their daily tasks, or that they simply don’t know of an easy way to capture their current costs. 

Achieving Rapid Growth Painlessly

Fast growth can be a great problem to have - but it can also be challenging for the finance team. That is where having the right financial system in place can make all the difference. Organizations of all sizes have chosen Intacct to grow their businesses quickly while still managing revenue without adding extra staff.

Discovering how improved productivity can increase ROI

One of the most frequent benefits an organization sees after optimizing its financials is the ability to drive value across the entire business. The right financial system provides companies with real-time financial and operational visibility into even the most complicated of accounts, comprehensive financial controls to ensure security and compliance, and extensive automation to streamlines business processes, reduce labor, and cut costs.

Understanding the new revenue recognition standard – an illustrative example

In the first part of this blog series, I looked at the big picture changes of the new revenue recognition standard and provided pointers to some good general resources. Now, let’s take a look at an example on how the removal of industry specific guidance will impact software companies.

Understanding the new revenue recognition standard – a short introduction

Here at Intacct we have been closely following the release of the new converged revenue recognition standard – not only because our software solution helps companies address the complexities of revenue management, but also because as a software company, the new standard will have a pervasive impact on our accounting and business processes. In this two-part blog series, I will provide a short introduction to the standard and offer some helpful resources that will get you started on the journey towards full adoption. In addition, we will look at some specific examples from the latest industry guidance on how the new standard will impact software companies in particular.

Introducing the New Intacct Website!

Sometimes change can irk people, throw one out of their comfort zone, or allow uncertainty to seep in. Here at Intacct though, we embrace change and that’s a great thing because there have been a lot of changes taking place at Intacct!

Application Suites vs. Best-of-Breed Cloud Solutions

For CFO's, controllers, and other finance leaders, suite solutions versus best-in-class software is a well-established and long-running parley. Many leading organizations are left to wonder whether they would be most successful choosing a suite of products from a single vendor, or using a combination of best-in-class products from several industry leaders.