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Ian McAteer

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Three Accounting Software Selection Questions

No two businesses are the same. And so it shouldn’t be surprising no two accounting software selection processes are the same, either.  It’s challenging enough to decide on a new accounting software vendor. Determining what features and services your company needs only adds an additional layer of uncertainty. Ultimately, the final decision your company makes should come down to pain points experienced across the organization. As your company embarks on the accounting software selection process, ask yourself the following questions. 1. Who will be using the accounting software and where will they be using it?  User licenses are one of…
Ian McAteer
October 15, 2020
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3 Covid-19 ERP Implementation Challenges

Most of us have gotten used to working from home since the start of the Covid-19 pandemic in March. It’s certainly not ideal, but most companies and employees are making it work—those who are working on ERP implementation projects, included. But the need for IT upgrades hasn’t simply disappeared with teammates being away from the office. In fact, access to cutting edge analytics and integration between various systems is arguably more important now than it ever has been. One way to meet these new needs is the implementation of a cloud ERP system that houses all of your company’s systems…
Ian McAteer
October 8, 2020
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Three Big Covid-19 Accounting Challenges

It’s exceedingly difficult to confront all of your company’s accounting challenges each day when the business environment itself is far from normal.  Since the beginning of March, companies across the country have experienced levels of disruption we have not seen since the Great Depression. Accounting teams have, in many cases, bore the brunt of the slowdown. There simply isn’t a playbook for accountants to follow whenever accounting challenges arise.  Now that six months have passed since the start of the pandemic, we have a better understanding of the primary accounting challenges teams at businesses across the countries are facing. Here…
Ian McAteer
October 1, 2020
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Why Cloud-based Accounting is a Game Changer

Everyone seems to be talking about “the cloud” these days. One term you may not be familiar with, however, is cloud-based accounting. What was once strictly Silicon Valley lingo has quickly become mainstream as software companies seek to remain competitive by building cloud-based computing solutions of their own. Accounting software companies have started to build their own cloud-based programs, and they’re starting to revolutionize the way accounting departments work.  Should your company consider upgrading to a cloud-based accounting software? If you’re still unsure, consider some of the following benefits they offer. 1. No Need to Be in the Office Most of…
Ian McAteer
September 22, 2020
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Start Your Software Selection Process Here

More often than not, companies fail to ask the following question until it’s too late: Do we have a software selection process?  We’ve mentioned in the past how quickly business software can become out of date and slow your company down. But when the time comes to replace their old software, many companies find themselves in a pinch. There are just too many options out there to consider and a limited number of hours in the day.  As is the case with all of the other systems within your business, you need to have a routinized software selection process. The…
Ian McAteer
September 16, 2020
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Don’t Lose Track of Your Fixed Assets

Your company’s fixed assets are one of its most important resources. They help your company generate revenue and can prove valuable when it comes time for your company to pay its taxes. How are you keeping track of them? If you aren’t already, it’s time to start thinking about it. After purchasing a new fixed asset, your company has two options. Your accounting team can either write off the entire purchase cost of the asset that year or write it off over is expected lifetime value. It may sound easier to simply write off the purchase during the year of…
Ian McAteer
September 9, 2020
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We Have A Solution for Your ERP Implementation Issues

Your company’s management team is dead set on purchasing a new ERP system. They’ve begun compiling a list of potential vendors and have started looking at just how big of a project they can fit into the company budget. Everything seemed to be going smoothly until, suddenly, an executive asks: “Do we know what the ERP implementation process looks like?” Change is never easy. Employees become used to their daily routines. Business processes shift from being best practices to “the way our company has always done business.” The ERP implementation process is no different. The benefits of the new system are…
Ian McAteer
September 3, 2020
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Don’t Purchase an ERP System Without Consulting These Leaders

It can at times be hard to decide who at a company should own selecting and implementing new ERP system.  Technically, it should fall under the purview of IT. After all, software is a type of information technology. But new technology won’t be effective if it doesn’t align with the company strategy. The truth is decisions concerning business software in general and ERP systems in particular shouldn’t be siloed. Who should be involved, then? It depends on the size and structure of your company. Whose Job Is It, Anyway? Before you begin creating a software purchasing process for your company,…
Ian McAteer
August 31, 2020
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Here’s Why Your Company Should Use an ERP System

Now more than ever, companies look to compete through the use of cutting edge technology. At times, however, the sheer number of programs used within one company can become overwhelming. One way of sorting through the complexity brought on by modern business technology is through the use of enterprise planning resource software (ERP). ERP’s consolidate the systems your company uses to manage functions such as inventory management and accounting into a single interface, offering your managers critical insights that they would have otherwise not had access to.  But if you’re still wondering why your company should use an ERP system,…
Ian McAteer
August 26, 2020
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Covid 19: Dig Into the Data During Times of Uncertainty

There are few times when a business’ internal capabilities are put on display more so than during a crisis. Companies that lag behind their peers often find themselves in precarious positions when economic conditions become less than ideal. The Covid-19 pandemic is a prime example of this phenomenon. In an age in which business analytics have become more important than ever, companies that have fully adopted decision-making rooted in data are finding themselves well-positioned relative to their peers. But, of course, everyone in business talks about analytics. Unfortunately, a much smaller number of people know how to integrate it into…
Ian McAteer
August 21, 2020
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