COVID-19 is creating a dramatic impact on the global economy, and likely will continue to do so for a significant part of the year. This pandemic creates previously unseen challenges to portfolio..

Overview

With the unprecedented measures taken by a majority of the countries around the world in response to the coronavirus (COVID-19), global economic downturn is likely imminent. This..

The impacts of COVID-19 are just beginning to surface, posing new challenges to industries and businesses to stay operational and forcing them to rapidly adjust to a remote workforce. The..

As evidenced in the last few weeks and months, the world is ill prepared to detect and stop pandemic outbreaks. The impact of COVID-19 has caused unimaginable tragedy, forced inconceivable losses..

As the COVID-19 pandemic has forced a connected, mobile society indoors for the foreseeable future, organizations have begun to adjust to a new “business as usual” remote delivery. The strain on..

Note: “Q&A with … “ is a recurring series with CrossCountry Consulting leadership.

The Challenge in QuickBooks

Whether it‘s an expense management, HR, or investment tracking system, there are many valuable solutions that allow teams to streamline several of their day-to-day..

The Challenge in QuickBooks

From a security standpoint, QuickBooks might be adding risk to your accounting process and lost time due to mitigation and workarounds by holding you back in following..

The Challenge in QuickBooks

When changes are made in your legacy system, do you know why they were made? When? And by whom? If the answer to any of these questions is no, you are putting your..

The Challenge in QuickBooks

If you’re trying to make QuickBooks work for your growing multi-entity family office, you’re likely struggling with the system’s lack of complex functionality. We have..

The Challenge in QuickBooks

Predictably, as your family office business grows and the number of systems used for accounting and investment reporting increases, the amount of manual work your staff..

The Challenge in QuickBooks

You need customizable reporting to highlight the impact your decisions, investments and spend has had. However, the length of time it takes to produce reports and..

The Challenge in QuickBooks

One of the biggest challenges family offices face when managing fixed assets is the sheer volume of data that must be maintained. This entails tracking asset..

The Challenge in QuickBooks

As it exists in QuickBooks, the Procure-to-Pay process has several limitations that significantly hinder its efficiency and internal controls. Purchasing workflows are..

The Challenge in QuickBooks

Many hours have been wasted manually adding any required accounts into each entity in QuickBooks. This means less time working on important financial projects and more..

The Challenge in QuickBooks

It's no secret that QuickBooks works best for smaller businesses with relatively simple accounting, but many growing family offices have difficulty determining when..