Today’s Software Solutions Vastly Improve HR Staff Productivity

By Wiss, Posted in Advisory Services

By David Singletary  I recently visited a client company with over 750 employees. The HR staff kept track of vacations on a spreadsheet. Anyone considering taking time off would first call up some poor overworked HR rep and see how many days they had remaining. That rep would have to then manually update the remaining totals. I have to imagine that was pretty much how that staffer spent his or her summer months at work. This same company had a total of about ten spreadsheets keeping track of v... read more.

Update: Fishbowl Vs. Quickbooks

By Wiss, Posted in Advisory Services

By David Singletary  Companies using a combination of QuickBooks and Excel are oftentimes looking to find a more robust system alternative, but are not ready for an enterprise-level ERP system. For these types of firms looking for a low-cost option that will not require the replacement of QuickBooks, one application is Fishbowl—a manufacturing and inventory control system that integrates seamlessly with QuickBooks. Fishbowl Manufacturing is designed for small to mid-sized compani... read more.

Inventory Management Systems

By Wiss, Posted in Advisory Services

By David Singletary  Are you still using Excel spreadsheets to keep track of your company’s inventory? You’ll know it’s time to upgrade when your business grows to the point where you or your people are spending way too much time inputting static data.   A good inventory management system should do the heavy lifting. Here are a few features and capabilities a good solution should offer.  Multiple costing method options -- You shouldn’t be limited to just one me... read more.

The Critical Importance of Effective Cybersecurity in Your Business

By Wiss, Posted in Advisory Services

Cybersecurity does not offer a return on investment -- unless you count stable client relations, peace of mind, insurance against the financial, and public relations disaster that can result from digital criminal activity. In other words, cybersecurity is something that your business will hardly notice if it’s functioning well, and deeply regret if it goes wrong. The Real Costs of Intrusion Data breach can be a crisis for your business in a number of ways. Here are some of the leading financial and... read more.

Why Your Business Should Embrace Digital Transformation

By Wiss, Posted in Advisory Services

The term “digital transformation” probably sounds a bit intimidating. Like something beyond your capabilities and a drag on your business in trying to undertake it. So let’s start with a basic definition that’s not quite so off-putting. Digital transformation is simply your efforts to integrate digital technology into all areas of your business. The right mix of digital technology solutions will make your company run smoother and more productively internally, and yield bottom-line,... read more.

4 Easy Steps to a Paperless Company

By Wiss, Posted in Advisory Services

By David Singletary Remember the prime promise to the business community as the computer age took hold? Paper will become obsolete. Every memo, letter, contract, and spreadsheet will be stored on a relatively small stack of floppy disks. (Yeah, it was a few years ago when that promise was made.) So what happened? Nowadays, you can store just about everything “in the cloud,” a virtual patch of real estate located somewhere in cyberspace. Leading cloud storage options are more secure than your... read more.

HR & Payroll Year End Readiness

By Wiss, Posted in Advisory Services

By Lisa Calick, Carolyn Hall, Floriana Allen, and Laura Melville The end of the year can be busy for many companies.  While December brings holiday parties and end-of-year celebrations, business owners should be mindful to make sure their HR and payroll departments are on top of timely actions in order to ensure a smooth transition into the New Year.  This checklist will help you get a jumpstart on your year-end planning. Human Resources Review your employees’ data to make sure you have... read more.

Four Strategic Decisions Holding Your Small or Mid-Market Company Back

By Wiss, Posted in Advisory Services

By Joe Cicerone Your business needs help. No, that doesn’t mean you’re doing anything wrong -- or more wrong than anyone else trying to independently run a business.  But it would help to have an experienced  CFO Advisory group who could see your company’s challenges and opportunities from a fresh perspective. That’s because the management team of young and growing companies tend to see what they’ve always seen. They only know the one way of looking at their bottom... read more.

Advantages of Onboarding an Outside Accounting Firm for Your MSO or DSO

By Wiss, Posted in Advisory Services

By Carolyn Hall, CPA, MBA In my last blog post, we covered how a business process review is a great tool to determine what processes can be improved upon in your medical service organization (MSO) or dental service organization (DSO). One of the most common outcomes of a BPR is a company elects to onboard an outsourced accounting firm. With this post, let’s explore the value-added benefits of such a relationship. A Valuable Team Addition An outsourced accounting firm with experience in the healthc... read more.

Proper Management Gets Ambitious Projects Over the Finish Line

By Wiss, Posted in Advisory Services

What could be more intimidating to a business than the prospect of launching a new ecommerce website? Or merging with a competitor? Or implementing a new business process management software solution that will touch virtually every department in the company? Lots of thoughts go through your head as you consider taking on a project that might take months or years, and will impact your company and your people for a long time to come.  Just think of the prospects of establishing goals, developing a budg... read more.

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