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6 Reasons Why CEOs are Outsourcing Their Accounting

6 Reasons Why CEOs are Outsourcing Their Accounting – At first, the idea of outsourcing may seem uncomfortable, especially when it comes to something as sensitive as your company’s financial accounting. However, it might also be the best decision you make for your business. Increasingly outsourcing is becoming this century’s best practice among savvy leaders keen on protecting their company’s…

The Challenge of Consolidation for Multi-Entity SaaS Companies

The Challenge of Consolidation for Multi-Entity SaaS Companies  – Few business segments have seen the explosive growth that has occurred within the SaaS space. New accounting compliance concerns and reporting requirements have coincided with SaaS industry growth. What hasn’t changed is the management desire to have better information faster. The Challenge of Consolidation for Multi-Entity SaaS Companies Whether your SaaS…

Preparing Audit-Ready Financials: Best Practices to Avoid Common Pitfalls

Edward Thomas Associates is happy to offer the eBook ‘Preparing Audit-Ready Financials:  Best Practices to Avoid Common Pitfalls’. The eBooks covers an approach to well-documented transactions and balances; GAAP-compliant revenue accounting; the realizable value of receivables; handling the complexity of consolidation for multiple entities; and more.  Here’s a snippet from the eBook: For public companies, [audits are] a statutory requirement…

Lean, Mean & Clean Financial Management in the Cloud through Outsourcing

Financial Management in the Cloud through Outsourcing – When you are in the midst of a fiercely competitive business landscape, you have to be prepared to act quickly.  Maintaining a strong position requires speedy right action (preferably through data-driven decisions ) otherwise known as agility. The savvy business owner avoids situations that can sidetrack or bog her down.  The agile…

Outsource or Hire? New Accounting Best Practices for the Digital Age

  If you began your business as a solopreneur or a small start-up, chances are bookkeeping was something you did in addition to your more pressing duty of running the business. Savvy executives and owners don’t want that kind of distraction and quickly embraced outsourcing to address accounting and other functions.  Any departmental function that was outside the core competencies of…

BlackLine: Better for Your Bottom Line

Nobody looks forward to the manual process of closing the books. It’s a labor-intensive, time-consuming – and often inaccurate – process.   Wish you could close your books without those concerns?   Online accounting system BlackLine is the answer. Used by over 100,000 users in over 100 countries, BlackLine is the most trusted solution for Finance Controls and Automation. BlackLine is…

Xero Gets You Out of The Office

Ever think you’d be invoicing from the couch? Reconciling on the beach? Xero cloud-based accounting software gives you the option of handling the financial aspects of your business from anywhere. All of your data is available anytime, on any device. All it takes is Xero and an Internet connection.   Your data is safe, accessible, accurate up-to-the minute and shareable…

Is Today’s CIO Running the Show?

Step off an elevator these days and the C-Suite appears to occupy the entire top floor.   You’ve got your CEO, CFO, COO, CMO, CLO, CCO, CDO. It seems there’s a new Chief title created every day. But there’s one C-Suite position, that of the CIO, that changes and evolves constantly – almost at an alarming rate.   The career trajectory of…