Top 10 Articles of 2021
The new year is here and what better way to usher it in than a top 10 list! Here are our most popular articles from 2021. You’re bound to find a tip or two to make your work life easier.
With the increased frequency and severity of CryptoLockers, and various malicious software that is out there these days, it is more important than ever to re-evaluate data backups for your company.
Many accountants are assured that backups are being made by their IT company, but oftentimes, the system is not being backed up as frequently as they think. In the event of a data disaster like a CryptoLocker, where attackers lock your whole system down, having good backup practices in place ensures a quick recovery time so you can get back to business. Read more
Gaining deep insight into your operation requires access to more than GAAP financial data.
Including operational data in your reports and key performance indicators (KPIs) provides you with information that can help you identify trends, monitor your performance over time and against industry norms, and make more informed business decisions. Incorporating non-financial or statistical data in financial reports is a simple concept but elusive to realize. Why? Because many accounting applications don’t support it. Sage Intacct does. Here’s how.
And as a back-office function, accounts payable isn’t always front and center as businesses look for ways to leverage technology to build efficiencies, improve transparency, and promote collaboration. Yet for many companies, accounts payable is a paper-intensive, manual task — one that could benefit significantly from what technology can offer.
Let’s take a look at the typical manual workflow of many payables departments, and highlight what you may already know, that technology is available to transform this workflow from a cumbersome burden into an efficient progression. But first, have a look at these sobering statistics. Read more.
Don’t you just love the little bits of technology that make life easier? We each have our own favorites — maybe yours is the smart speaker that plays your favorite podcasts on demand, or when your smart car recognizes it’s you and adjusts the seat to your favorite position.
At MicroAccounting, we’ve created a bit of technology we think will quickly become a favorite of every DocLink and Sage 100 user. We call it the Smart Refresh Utility, and we’re giving it away for free! Read more.
Reports are the windows into your company’s operation. Without reports, you just can’t see what’s happening. Reports can be tools for decision-making, evaluation, investigation, comparison, quick location, proper controls, and more. Sage Intacct offers powerful report writing tools that make it easy to gain necessary visibility into your organization. Here’s a quick overview of the reporting tools available.
Visual Process Flows (VPF’s) are interactive workflow diagrams that display the steps to complete a specific process. Some find them a reliable tool to ensure the proper series of events occurs to achieve a particular task and others use them as training aids. However, VPF’s in Sage 100 were originally designed to utilize Adobe Flash and unfortunately, as of January 12, 2021, Adobe has withdrawn support for Flash Player and begun blocking Flash content. Read more.
Business intelligence (BI) software has a reputation for being expensive to purchase and complex to use — which has kept many small and mid-sized companies from pursuing it. That’s unfortunate, as business intelligence is critical for companies of all sizes — providing visibility into trends and opportunities and helping to fuel better and faster decision making.
Earlier this year, we introduced you to Sage Data & Analytics, a powerful business reporting application and the ideal fit for small and mid-sized organizations like yours. Read on for further insight. You can also view this recorded webinar at your convenience.
Welcome to the start of tax season — and it’s even more unwelcome companion — the annual audit. Audit preparation typically is a time-consuming and stressful process, but it doesn’t have to be.
Few things strike angst in a CFOs heart like the word “audit.” You know your books are in order, that’s not the issue. It’s the time and effort involved in preparing for an audit — time that takes away from practical and strategic work you’re doing.
You’ve selected Sage Intacct as your accounting software, which was an excellent choice. The application not only has the seal of approval from the AICPA, but it also has built-in capabilities that speed and simplify audit preparation. Here are a few of the ways Sage Intacct can help de-stress the audit process.
As we go about our busy work lives, it’s easy to just keep doing things the way we’ve always done them. Sometimes, though, maintaining the status quo means we miss out on efficiency-promoting tools that can literally give us more time in our day. More time for strategizing. More time for proactive planning. More time for those Zoom meetings.