Entries by rinehimerbaker

Meet the Tech Savvy CFO of 2017

As we discussed in our last blog, the role of the CFO has seen immense change in the past few years, as the position has evolved from number jockey to strategist, decision maker, and futurist. Today’s CFO has an evolving set of responsibilities, but is luckily graced with new tools to tackle these responsibilities. The […]

The Rising Value of the Strategic CFO

Technology is reshaping the role of the CFO, moving action from the back-office into the boardroom. For a growing company, this couldn’t be more important. Back in the days of spreadsheets and desktop software, CFO primarily focused on bookkeeping and historical reporting. But today, they can look forward—and take a seat at the strategy table, […]

Seven Reasons Growing Businesses Love the Cloud

What does it take to get ahead when your business grows? The right knowledge at the right time. With so much competition in the modern business environment, there are certain factors that could separate successful businesses from unsuccessful ones. From automation to collaboration, we explore some of the top reasons the cloud is making business […]

Exploring The ROI of Cloud Accounting

“What’s our ROI going to be?” If you’re considering moving your company’s accounting practices into the cloud, this is one of the top questions on your mind. You’re making a change to the way you manage your finances—and updating your technology is a big step in the right direction. But how can you be sure […]

Top Obstacles to Revenue Recognition Adoption for Healthcare Providers

The healthcare industry in the United States is unique in many ways—for better and for worse. As the last country without centralized healthcare, providers and producers in the United States are still compelled to innovate and create new solutions that improve outcomes. However, the healthcare system in the US is also immensely complex, with many […]

ASC 606 Step-by-Step Step 5: Recognize the Revenue When/As a Performance Obligation is Satisfied

We’re entering the home stretch—in more ways than one. As we enter the Fall, private companies now have one year and one quarter to complete their transition to the new ASC 606/IFRS 15 standards pertaining to the way that all contracts are managed and accounted for. Additionally, we are entering the home stretch for this […]

How Medical Practices Can Leverage Modern Financial Technology

The medical provider industry has undergone massive change over the past decade, and with possible changes like tort reform on the horizon, provider organizations will need to stay on their game as new innovations and challenges change the landscape that is the healthcare industry. Additionally, providers need to look at omnipresent challenges and threats posed […]

How Nonprofit Leaders Can Regain Control of Their Chart of Accounts

Leading a successful, honest nonprofit requires a lot of attention to detail. With regulators and watchdogs breathing down your neck, standards boards making the reporting process more complicated than ever, and more competition for donor and grantor money, running a nonprofit is more challenging than ever. Many Reporting Challenges, Many Stakeholders How many people do […]