Now that public companies have adopted ASC 606 for revenue accounting and private companies are on track to do the same by the end of this year, a new accounting change is on the way that will address the way companies account for leases.
When companies are making a software purchase, especially for a new business management system, business professionals often face choices on how they can pay for the software, either through perpetual or subscription pricing. While the [...]
There are new requirements for ERP systems coming down the pike, including new regulations that have made IT executives sit up and take notice. We'll be seeing many of these changes this coming year. This [...]
Why do I need to review my company’s systems and processes? A System Review is a checkup for the people, processes and technologies you use to power your organization. You spent a lot of money [...]
In deciding whether to switch from an on-premises application to the cloud—a decision that is becoming more imperative by the year—a new Whitepaper released by Nucleus Research highlights the many reasons cloud saves money. Cloud [...]
Image displayed if you've been infected by the JohnyCryptor@aol.com ransomware Business and organizations should ensure that they have done everything they can to protect themselves from the JohnyCryptor ransomware virus. Johnycryptor@aol.com is [...]
Pivot Your Business A businessperson in 1950 could enjoy an entire career with essentially the same skill set and knowledge base. Since 1970 the pace of technological advancement has accelerated twofold each year. In [...]
Replacing your current accounting and enterprise resource planning (ERP) system is no easy undertaking. But it’s becoming a common trend, with about half of all companies currently unsatisfied with their ERP. The top five roadblocks [...]
This post has been updated and published here: An Eye for Optimization: The Importance of an Annual System Review You implemented your ERP system with eager optimism, and perhaps you saw initials results. In your [...]
Technology trends track much faster today than in the past. When the telephone first came on the scene, it took 75 years to get 50 million people to adopt it. It took 13 years for [...]