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.

Managing Professional Services Complexities

Professional services businesses consistently strive to deliver client value and ensure project profitability. This drives a need for real-time visibility into project status, margins, and cost management. The ability to seamlessly combine financial information and project information in one system, ensure total transparency into the business, improve operational efficiencies, and increase finance department productivity is a must for successful professional services businesses.

Streamlining Revenue Recognition and Billing

As a software company, Intacct understands the issues that finance organizations grapple with every day—from complex, evolving software revenue recognition guidelines, and a disconnected quote-to-cash process, to complex subscription billing and renewals management challenges.

Industry Insights - A Conversation with Nik Puni

Intacct is very proud of the partners we’ve teamed up with to help our customers extend their success in the cloud - many Intacct Partners have deep expertise in specific industries, or complementary business solutions to help users gain even greater value from Intacct.

I recently sat down with Nik Puni, President of Sererra, an Intacct partner. Nik has over 15 years of software development, project management and systems integration expertise along with a proven track record of ERP implementations. He is a certified consultant for a number of ERP and CRM applications including Intacct and Salesforce.

Industry Insights - A Conversation with Steve Wolford

For our latest industry insights post I interviewed Steve Wolford from Frank, Rimerman + Co. 

Frank, Rimerman is comprised of consultants and CPA’s that combine deep technology expertise, broad business experience, and operational and accounting knowledge to assist clients with state of the art solutions based on industry standard practices. Steve managed hundreds of solution implementation projects and held roles as controller and financial analyst prior to joining Frank, Rimerman. Steve has also developed extensive experience from both the client and consultant perspectives of software implementation projects.

During our interview, Steve spoke with us about the technology criteria for small versus larger businesses, challenges customers may face when migrating to a cloud-based financial system, and what pain points trigger organization’s to change their accounting solutions.

Intacct Named One of the “Hottest Silicon Valley Companies” by Lead411

Picnics, BBQs, trips to the beach, camping in the mountains… There are few better ways to kick off summer – unless you’re Intacct and can announce being named one of the “Hottest Silicon Valley Companies” by Lead411!

In order to recognize the fastest growing technology companies in the Silicon Valley area, Lead411’s technology and research team scours the web to find information about fast growing companies. Each day they look at hundreds of press releases and news stories like venture financings, company launches, hiring plans, etc. This year, the research team started with over 1800 companies and narrowed it down to the final list of 87.