Accounting and finance are becoming paramount priorities in healthcare as the competitive landscape evolves. Carefully managing costs and driving revenue empowers organizations to preserve their advantage while tapping into the ever-expanding healthcare economy. The problem is that in organizations as complex as long-term care and skilled nursing facilities, physician practices, or clinics, accounting and finance […]
Finance leaders of nonprofit education organizations have a tough job. Many schools and other education-related nonprofits rely on a mixture of funding sources, including government funding, private tuition, grants, and donations that make revenue reconciliation difficult. Separate funds, programs, and locations are often accounted for as separate entities, requiring painful, time-consuming manual data entry to […]
The results are in—it’s time to replace spreadsheets with software designed for and devoted to finance activities. Spreadsheets have their uses for personal productivity and ad hoc analyses, but they can also become a barrier to effective finance processes for growing midsize companies when used inappropriately. Oftentimes, spreadsheets are error-prone, putting finance teams and entire businesses at […]
In this new guide from Sage, you will learn the answers to the burning questions that can help boost efficiencies in your firm in 2019. Such as: How do I measure performance in my practice in 2019? What should the new metrics be for a forward-thinking accountancy practice with its eyes on growth and creating […]
When you’re part of a small business, it’s easy to feel like every day is a sprint to the finish line. A breakneck race to complete all the tasks you have planned for the day—plus a hundred other small fires to extinguish. But, if your business is going to flourish in the long term, then […]
Receipts are a part of business life. Whether you’re running a business, holding client meetings offsite or you travel for work, those little documents have probably seen the inside of your wallet or shoebox. They’re integral to keeping track of your expenses and outgoings, of course. But paper receipts are also monuments to yesterday. They […]
Spreadsheets still have many powerful uses for small firms, but other software is now increasing speed, safety and compliance in business processes.
The Practice of Now 2019 report found that 85% of accountants believe the profession in their country needs to pick up the pace of technology adoption to remain competitive internationally.
