Revenue Recognition Simplified

If you plan to try and account for revenue recognition (RevRec) under the new accounting standards ASC 605 and ASC 606/IFRS 15 using a spreadsheet, be aware that this is going to introduce more complexity to your financial processes, not less. It’s a significant consideration. As finance contends with the new rules, interpretation of the regulatory landscape can be tricky and misstatements can have devastating consequences. But there is hope. New software applications and enhancements to existing ones are offering ways to simplify the complexities associated with the coming RevRec mandates, and in some cases making it almost as easy as accounting for fixed assets.

As the world becomes more connected, modernizing a business’s software systems is no longer a way to get ahead—it’s a requirement to keep pace. Modern life sciences companies seeking to capitalize on new opportunities and grow their businesses need a financial management system that can support them. Life sciences companies are on the cutting edge of innovation and need an agile tech environment to matc

Alternative financing platforms are disrupting the traditionally staid financial services industry

Nonprofits operate in a world of significant complexity, limited resources and software solutions that don’t help manage the entire organization. Whether it is the continuous friction between the fundraising and accounting departments around actual revenue and delivering a superior donor experience or trying to link outcomes with the true cost of programs, nonprofits have struggled to find business application

Agencies face multiple obstacles in transforming their operations for greater agility and innovation. These include having data in multiple places, challenges in resource management, unnecessary reliance on freelancers, operating on both Macs and PCs, a lack of workflow-driven processes and limited visibility that makes it difficult to project profitability by project, client and in total.

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Adaptive Insights for Life Science Companies

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The life sciences industry is operating in an era of significant transformation, with shifting healthcare and FDA regulations, constant pressure for meaningful innovation, and increasingly intricate supply chains and distribution mod…
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Adaptive Insights for Non-Profit

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The Adaptive Insights Business Planning Cloud enables foundations to plan with seamless, integrated planning software that’s easy for everyone to use. With powerful cloud-based planning, reporting, and analytics, foundations can create plans…
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Adaptive Consolidation

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The Adaptive Insights Business Planning Cloud enables companies of all sizes to collaboratively plan and model, easily access real-time analytics, and streamline complex reporting. You get easy, powerful, and fast software that empowers fi nance teams everywhere to better manage the business. It’s easy, so you can plan as a team. It’s powerful, so you can model anything and analyze everything. And it’s fast, so you can model rapidly and adapt quickly. With this best-practice active planning process, you can plan and adapt without compromise
How Marketing Agencies Benefit from NetSuite ERP

How Publishing Agencies Benefit from NetSuite ERP

Does it feel like your publishing agency is operating in silos? You may have a CRM to manage accounts, financial tools for accounting, and then another software for organizing sales.  Running a media company in this fashion is putting…