ASC 606 Part 2

A Brief Look Into Revenue Recognition Standards Part 2

It’s hard to sum up the profound effects that the ASC 606/IFRS 15 Revenue Recognition Standard will have on businesses, as the standard affects nearly every department within nearly every business in nearly every industry. If you have a contract with a customer, you will have to make some changes in order to be compliant […]

ASC 606 Overview

A Brief Look into Revenue Recognition Standards Part 1

The biggest change to accounting since Sarbanes-Oxley, ASC 606/IFRS 15 is on the horizon, and unlike the current regulatory environment, this verbiage isn’t changing and the effective date isn’t getting moved back again. In this two-part series, we look to explore the basics of this highly complex shift, and offer recommendations on how you can begin. […]

What's Keeping Businesses from Reaching Their Potential?

Intacct Recognized for Its Cash Management Solution

Accounting leaders at organizations need complete and immediate visibility into their cash flows. Unfortunately for many, there is one thing standing between them and their goals: Manual, non-insightful cash management that can not only handle the needs of customers, but exceed expectations and make the lives of end users easier—no matter the currency or complexity.

Intacct Cloud Accounting

Intacct Recognized as Channel Leader: Why Work with an Intacct Partner?

Once upon a time, rinehimerbaker llc joined the Intacct Partner Program as a value added reseller for the software, and did so with a multitude of good reasons behind it. For one, we care about our clients and want to help them find the most efficient, cost-effective, and feature-rich software that provides high return on […]

Bill.com AP and AR Solutions

Product Spotlight: Bill.com AP/AR Solutions

At rinehimerbaker llc, we are focused on helping you run your business do more with its resources, moving faster, making smarter decisions, and focusing on future growth. “Play Harder, We’ll Keep Score” is more than a motto, it is a way of life for us, who want to help you in any way we can. […]

Implementation Time Accounting Software

How Long Will it Take to Implement a New Accounting System?

Time is money, and one of the most frequently asked questions that a business decision maker has when looking into any new software (or any project for that matter) is this: “How much time will it take to make this project happen?” If you’ve led a major change project at your company, you understand that […]

Access Your Financials from Anytime, Anywhere

What Does It Mean to Have Anytime, Anywhere Accounting Access?

Technology has made it easier than ever to collaborate across states, regions, or countries, and in this period of increased globalization, organizations need software that can meet globalization’s higher demands. Whether you’re working with a disparate finance team or you just need to send a report or approve an expense report while out of the […]

Suite vs Best of Breed

Finance’s Guide to the Suite vs. Best of Breed Debate

It’s a question that has caused a great deal of animosity between decision makers, challenged project teams, and hurt software implementation projects over the past four decades. Highly politicized and often subject to technological shifts, the suite vs. best of breed/best-in-class debate has raged on since the 1970s at businesses of all sizes, industries, and […]

Types of Software Delivery Models

What are the Different Software Delivery Methods?

Last week, we introduced you to the signs that your organization is outgrowing its accounting software: Not having the reporting you need to grow, manual and error prone processes, mediocre-at-best integration, and lack of speed. For those organizations whose growth has outpaced your software’s ability to handle it, congratulations. Knowing this, however, it’s time to […]

How to tell you've outgrown QuickBooks

How to Know When QuickBooks No Longer Makes the Cut

When a business outgrows an entry-level accounting software like QuickBooks, financial decision-makers have a series of realizations, decisions, and questions that will define the way their organization works in the near- and long-term future. The first realization is often one of the hardest: Realizing that “It’s time.”  For many of us, QuickBooks is like the […]