BTerrell Group Blog

Robert Reid, CEO of Intacct recently participated in the Expert Interview Series hosted by Josh Bland.  As discussed in “Technology Advice Expert Interview with Rob Reid,” Reid shared his thoughts on the importance of reliable, accurate financial data, the cloud, and why Intacct is targeting the mid-market.  Reid suggests that today’s best-in-class enterprise resource planning (ERP) solutions, including Intacct, are far easier to use, offer time-saving automations, and offer the operational data that is needed to gauge the health of your business, above and beyond traditional GAAP metrics.   In addition, these solutions offer a higher return on investment than other business technology.

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Attendees at the Intacct Advantage 2015 conference were able to takeaway valuable information about the latest Intacct products and how they are being used in the marketplace.  As noted in “See Your Way to Mission Success,” nonprofits learned about the Digital Board Book for Fundraising, a digital board book that streamlines calculation of operational and fundraising activities. 

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Yesterday afternoon, the IRS issued Notice 2016-4, which provides unexpected relief to employers distributing those soon to be well-known Form 1095-C information returns to employees. This late Christmas present will be well received by every employer struggling with system update and information gathering challenges. Applicable Large Employers (‘ALE’) and insurance companies now have nearly two additional months to get forms in the mail to employees. This additional time applies not only to Form 1095-C but also to Forms 1094-B, 1094-C, and 1095-B. Who said there wasn’t a Santa Claus?

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Users of the AmeriFlex Workforce Management System are enjoying a user interface update recently made that streamlines the navigation experience.  As noted on this infographic, “Here’s a sneak peek of your new Workforce…,” the floating navigation bar has been replaced with intuitive icons and links.  The search bar has been moved to a more prominent position, so you can find data faster.  Other changes include compact icons that replace cumbersome cascading menus and clusters with subheadings that simplify the menu to remove distracting clutter.  These and many other enhancements make entering and finding data easier and speedier, which helps you do more work with less effort so you can spend time winning new customers and serving existing ones! 

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My how far we’ve come over the last ten years when it comes to technology in the workplace.  As noted on “The Changing Role Of Today’s Tech-Savvy CFO,” an infographic, the role of the CFO has also evolved significantly during this decade.  Way back in 2005, CFOs were focused on reporting and auditing, and they worked with various software installed on servers.  In 2015, CFOs play a larger role in corporate strategy, risk management, and are more likely to take advantage of cloud-based management systems.  Ten years ago, news was consumed from radio and TV or Blackberry devices; and today, CFOs can receive current news on smartphones, tablets, or from podcasts.  You may even be surprised to learn that a mere 2% of smartphones were used ten years ago and while Facebook and LinkedIn existed, Twitter did not.  Fast forward to today, smartphones make up 74% of the market share with millions of users on Twitter and LinkedIn and billions on Facebook.

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