As a premier Sage Intacct partner, we wind down our year and celebrate how, for 20 years, they have brought us tidings and joy (and excellent finance and accounting tools). We gladly bring you …..
With the planned cessation of London Interbank Offered Rate (LIBOR) only 25 months away, financial institutions across the globe are dedicating significant resources to building out their LIBOR..
Data is the lifeblood of your organization: You need it to help analyze results and trends in order to make good decisions. But what happens to the data if you move your ERP system from on-premise..
So, you have set up shared services centers and the teams are delivering more efficient and consistent processes, enabling better controls in your organization. Due to the transition of work to..
The two most important Central Counterparty (CCP) Clearing houses in the world, the Chicago Mercantile Exchange (CME) and the London Clearinghouse (LCH), have laid out preliminary proposals for..
After careful consideration, your organization decided to move forward with implementing a shared services center. One of the most critical components of implementing any new function or operating..
This blog post was featured on Forbes.com
Robotics process automation (RPA) has become an efficient way to automate labor-intensive and repetitive tasks across a variety of business functions,..
In order to improve margins and increase efficiency over the enterprise, organizations often make the leap to centralize functions. Consolidating into a shared services model creates an..
To operate lean and successful organizations, many leaders consider outsourcing their shared services functions to reduce costs. We recommend asking yourself the following six questions to help..
When thinking about the different functions that will migrate to a shared services center, it may be easy to identify which teams or processes will become part of this new organization; areas such..
This year’s UiPath Forward III Conference brought together hundreds of companies sharing how to transform every aspect of their business with Robotic Process Automation (RPA). We were honored to..
In July, we noted that the Financial Accounting Standards Board (FASB) had proposed a delay in the effective date for several major accounting standards (Hedge Accounting,..
While the benefits of moving to a shared services operating model have been widely accepted in theory, organizations often fail to realize these advantages in practice. Much of this failure..
For most entities, there is significant complexity involved in the preparation of carve-out financial statements. Because transactions requiring these statements occur infrequently, they often..
As we previously discussed, there are many things to consider before embarking on a shared services journey, including selecting a location. This decision should not be taken lightly, particularly..
In an increasingly competitive environment, cost containment remains a key strategic priority. In fact, the ability to grow revenue without seeing a parallel increase in operational expenditure..