As we enter the new year, many small business owners find themselves navigating the ever-evolving landscape of tax regulations. If that sounds familiar to you, then you probably also already know that maximizing deductions is crucial for optimizing your financial health and ensuring that your business thrives. Here is a handy list of strategies for business owners this tax season: 1) Keep Impeccable Records Maintaining accurate and organized financial records is crucial for maximizing deductions. Ensure that you keep all receipts, invoices, and documentation related to your business expenses ..read more

For many small and mid-sized businesses, Intuit QuickBooks is usually the first choice for financial software in the organization’s early days – and for good reasons. QuickBooks is well-known and very easy to use, and it offers the basic functionality that almost any business can use to get off the ground. Unfortunately, virtually every growing business also soon realizes that the early value of the software is soon overtaken by the limitations and compromises. Here are the five limitations that cause CFOs to look for an alternative. 1.Over-Reliance of Spreadsheets to Support Financial Proces ..read more

Take a look at how Sage’s Intelligent Time works seamlessly with Sage Intacct’s software. The newest in AI-powered automation for timekeeping is built into Sage Intacct’s financials with an easy to use app for end-users. This allows a business to better predict project costs, and increase their cash flow. Find out more in the video below.   The post November’s Sage Intacct Video Release appeared first on rinehimerbaker ..read more

Sage Intacct hosts a spectacular conference every October that provides top trends, new technology, and guidance for the financial teams throughout the world. This year’s virtual conference brought new Sage products, and ways for CFO’s to take charge and lead as the world around them continues to change. Below are the top three take-aways for CFO’s in any industry.   1) The Evolution of the CFO   The CFO role has changed in the past decade as technology has evolved. The CFO is no longer just the historical record keeper or information protector but rather the data enabler, or strateg ..read more

Take a look at how Sage Intacct’s purchase order software and how it can help cut your invoice to payment time by 50% and eliminate hours of tedious manual work. Find out what results other companies have seen by implementing Sage Intacct’s core package. The purchase order software works simultaneously with AR, AP, inventory, and cash management to reduce manual work.   Fill Out Our Form Below To Have Our Team Contact You Today The post October’s Sage Intacct Video Release appeared first on rinehimerbaker ..read more

2020 has brought upon cancelations, decreased opportunities, and a lack of interactions. From a business perspective its less interaction with vendors, and customers. It less learning opportunities at conferences, lunch and learns, and networking events. This can be overwhelming and seem to halt your business’ forward movement. However, Sage Intacct has taken this opportunity to provide a virtual connection by turning the Advantage 2020 Conference into a virtual event. So why should you log in for the two-day event?   Virtual-   It’s virtual, therefore you can remain safe from your o ..read more

Revenue Recognition is the cornerstone of accrual accounting with the matching principle. They determine when revenues and expenses are recognized for businesses. This is particularly important for industries like software as a service. The stakes are high for companies to ensure proper tracking for EOY reporting and audits. Using technology to automate revenue recognition can eliminate the risks of an employee handling it manually. There are a few common risks that manually completely rev rec comes with, and how technology reduces them. Event-Based Revenue Triggers: Revenue release can be def ..read more

One of the features that attract executive teams to a cloud-based ERP solution is the automatic updates that happen throughout the year. It eliminates expensive upgrades, teams working with outdated technology, and countless manual hours. Sage Intacct delivers four upgrades a year keeping its customers at the peak of technology, and ahead of their competitors. Release three for 2020 includes streamlining cash management, automating allocations across entities, and accelerating budgeting and planning. Take a deeper look at each update below. Streamlining Cash Management In release 3, Sage Intac ..read more

Take a look at why Sage Intacct’s core system can save your company hours of work with its automatic cash management capabilities. Customers have been able to reduce their consolidations across all accounts from five hours to five minutes. This allows you to get a complete and accurate picture of your cash footprint and working capital.  With Sage Intacct’s cash management software you will have the ability to see all payments and transactions across all accounts across locations and entities.  Take control of your cash and create growth.   Fill Out Our Form Below To Have Our T ..read more

Forward-thinking financial leaders need technology to work for them allowing them to be strategic leaders in their companies. For financial service firms managing your investments through a true-cloud ERP allows your team to be on the go and still have insight into every entity with ease. Executives need more than access to perform at their best. Financial service firms are able to nurture their assets under management through direct investments, easily add new legal entities in minutes, and make data-driven decisions based on multi-entity consolidated financial reports through Sage Intacct. T ..read more