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After you have updated your stylesheet, make sure you turn this module off

How Much Do Expense Reports Really Cost Your Company and How Can You Lower It?

Employee expense management is one of the most challenging business operating costs to control — and the current climate of remote work only adds to the complexity. Do you have an accurate idea of how much it costs your company to process expense reports? A lot of companies don’t, so don’t worry, you’re not alone. More companies are realizing that expense management solutions can save time and lower that cost though. Here, we offer five ways automating expense management application could impact your organization.

The Economics of Best-of-Breed vs All-In-One Accounting Software

If you’re currently shopping for ERP software, you’re probably looking at some of the major players in this space — Sage Intacct, Oracle NetSuite, and Microsoft Dynamics 365 Business Central. As you research each of these applications further, you’ll discover many distinct differences between them, but one of the fundamental differences is the vendors’ decision to promote a best-of-breed or an all-in-one approach. Earlier, we outlined the differences between the two options. Here, we’ll discuss the economics associated with each, to help you make the best ERP decision for your organization.

Shopping for ERP? Are you being sold the sizzle or the steak?

Elmer Wheeler, a man who was once considered the greatest salesman in the world, coined the phrase, “Sell the sizzle, not the steak” in his 1937 bestselling book, Tested Sentences That Sell. We thought it might be interesting to apply Elmer’s thinking to the accounting ERP software buyer’s journey. As you shop for a new accounting or cloud ERP solution for your organization, are you being sold the sizzle or the steak?

Matching Finance Professionals to SaaS Company Employers

We recently wrote about the critical talent shortage of experienced finance professionals and how difficult it can be to locate, hire, and retain key people capable of successfully implementing and optimizing financial management software — particularly for SaaS companies. Job seekers are feeling the pain, too, as without a long resume in the SaaS industry, they may never get an interview. David Appel, Head of Subscription and SaaS for Sage Intacct addressed this issue from the applicant’s side in this recent article. David offers interview strategies to help job seekers land the perfect role at a growing SaaS vendor. He also provides some cautionary advice — including the fact that “there’s always going to be a mess” in terms of financial consistency, structure, and processes at any early-state SaaS vendor.

Top 5 Challenges in Wealth Management Accounting and How to Solve Them

It’s an excellent time to be a wealth management firm. The number of millionaires in North America almost doubled between 2010 and 2019, and billionaires saw their wealth jump by nearly 40% over the past year. Through the pandemic, while many other industries struggled, revenues for investment management firms remained largely intact. Despite their rosy outlook though, firms are facing their share of challenges. We’ve identified five of the most pressing challenges in wealth management accounting that can be solved fairly easily with accounting software designed for the industry.