Articles Tagged - accountingsoftware

Focus on Your Process: Take Full Advantage of Your Accounting Software

By Wiss, Posted in Accounting and Auditing

By Carolyn Hall  Your business can be using the best accounting software in the world, but unless your team is following standard processes, you’re not taking full advantage of your investment. Here’s how to make sure your system is running efficiently and that you have the right people and processes in place. When setting up a new system, lay out all of the steps involved and continue to communicate to team members throughout the lifecycle of a product or service. Project management s... read more.

Key Steps to Take When Adopting New Accounting Software

By Wiss, Posted in Technology

By Paul Ursich Accounting software has certainly changed the way industries function. These systems eliminate numerous manual components of financial organizations while offering businesses countless ways of analyzing and improving corporate performance. Hence, when a myriad of software solutions are at your fingertips, how can you capture the greatest dynamic structure for your business? Execute the following actions necessary to acquire the desired and worthwhile results: Strategize Grasping... read more.

The Best Accounting Software Platforms for Growing Contractors

By Wiss, Posted in Construction

By Tim Kennedy  As a part of the accounting team of a small construction company, you likely use QuickBooks as your accounting software. It’s affordable, intuitive and user-friendly.If your needs are still simple — you’re in the growth stage and generating a few million dollars in annual revenue — QuickBooks provides a reliable platform to manage your accounting needs. QuickBooks is at its best, handling simple cash inflows and outflows (rent, utilities, insurance, vehicles, p... read more.

How Cloud-Based Accounting Systems Benefit Food and Beverage Retailers

By Wiss, Posted in Food & Beverage

By Paul Lembo Food and beverage retailers recognize the cloud as an important digital resource for IT, security and internal and external communications. But when it comes to critical accounting services, many clients in this industry don’t think of cloud computing as an applicable solution.  Cloud computing is any hosted network services provided through the Internet and not housed on your own servers or mainframes. Accounting software can be delivered in the same way to help businesses stream... read more.

Finding the Right Accounting Software for your Professional Services Firm

By Wiss, Posted in Advisory Services

By Paul Ursich Emerging engineering firms and other professional services companies quickly outgrow the rudimentary accounting system software they buy off the shelf to get started. Although these starter systems can handle the basics, such as financial reporting, accounts payable processing and accounts receivable, they have limited capability for handling employee time reporting, expense reports, project reporting and related functions. However, there are several software packages specifically designed... read more.

Accounts Payable Software Could Help your Business Take Off

By Wiss, Posted in Outsourced Accounting & Tax

By Floriana Allen  Your bill-paying process should not be confusing, labor-intensive or prone to error. That’s why we at Wiss & Company, LLP, use cloud-based accounting programs such as Bill.com for our clients. It’s an ideal tool for handling your accounts payable workflow, and the software syncs with many leading accounting systems, allowing accountants and clients to stay involved in the process in real time. Here are the some of the advantages of the system.    The so... read more.

Seven Critical Steps to Upgrading your Accounting Software

By Wiss, Posted in Advisory Services

By Robert Risk  Corporate accounting software generally lasts about 10 years before users get bogged down with a system that’s out of touch with current needs. Perhaps your people use Excel spreadsheets for processes that should be easily automated. Or the company has grown to where your existing software can’t keep pace. Or — worst of all — you can no longer trust the numbers on your reports. As you look for a cost-effective system that will serve your needs now and into the... read more.

Finding the Right IT Tool for Real Estate Management

By Wiss, Posted in Real Estate

By Alexander J. Narcise  If you own a real estate investment or property management firm and are reluctant to take on the time-consuming hassle of running a financial report, it’s time to upgrade your accounting software system. Off-the-shelf accounting software systems don’t know your business. They don’t speak your language. They can’t respond to requests for construction project accounting or help you manage leases, issue tenant arrears reports or run a partner distribution... read more.

An Evolving Role

By Wiss, Posted in Advisory Services

Look for a diversified skill set when choosing a CFO By Paul Ursich Today’s CFOs need a firm grounding in accounting, financial reporting and tax planning as a starting point. They also need an understanding of computer software systems, a good working relationship with your company’s IT department and the ability to develop company strategies. An effective CFO must also be a smart manager and a team builder who can engage your controller and accounting department. This combination can be dif... read more.