• There’s Cloud and There’s True Cloud

    BY BOB SHAWGO When a company chooses a cloud service, they have certain expectations. First off, most companies plan to enjoy the cost savings in IT—not having to maintain a powerful, scalable server with guaranteed up time. Rather than paying for room to grow, they anticipate that the service will be able to expand during times of peak demand—referred to as elasticity. Second, they expect fresh software that they don’t have to update. The provider updates the software at frequent [...]

    I'm New! What Is Cloud Accounting?

    Designed by Freepik BY COMPUDATA It seems like these days everyone is talking about the cloud... Whether you're new to the technology space, the accounting industry, or both, the phrase "cloud accounting" is probably something that you're hearing a lot about. But what is cloud accounting? If you're unsure, or still in the exploratory phase, this blog is for you! Cloud accounting software products vary in complexity and features offered, with many products designed for use by [...]

    How Small to Midmarket Firms Must Capitalize on Digital Transformation

    BY RSM US LLP Digital transformation shouldn’t only interest the Fortune 500. After all, it’s a movement that impacts nearly everything in the global economy and society. Firms that adopt a proactive strategy are poised to reap the significant benefits of digital transformation. Small to midmarket firms can begin with a small step—migrating from the on-premises version of QuickBooks to cloud-based enterprise resource planning (ERP) platforms. What is digital transformation? [...]

    How to Convince Your Exec Team It’s Time to Switch Accounting Software

    BY NEHA TANDON It’s likely that when your company was started or founded that your executive team went with the easiest, quickest, and most cost-friendly solution to handle its accounting needs just to get things started. But the truth is that start-ups outgrow the tools that launched the company. Not only can your old system be outdated, but the ability to handle higher volumes of work might even be inhibiting your ability to grow. When you’re spending more time finagling your [...]

    The Top 3 Accounting Software Features For Growing Businesses

    Designed by Freepik BY RUSS DAVIDSON Accounting software has already established itself as an essential technology tool for your small business. Eventually, these technology tools help small businesses grow into more successful operations. As a business starts out, there are a lot of things you must know before investing in accounting software. In fact, the first step was probably an attempt to manage your accounting via spreadsheets. Once you’ve noticed the signs that you’ve [...]

    Why You Should Replace Excel with an Enterprise Reporting Tool

    Designed by macrovector / Freepik BY DAVID THIKOLL There are hundreds of financial reporting tools available to business, but the number one tool remains Microsoft Excel, with over one billion users worldwide. There’s a good reason Excel has secured such a strong foothold in business – it’s easy to learn and to use and it’s on every device we own. But just because it’s the most common reporting tool does not mean it’s the best. Now don’t worry, we’re not about to suggest [...]