rinehimerbaker’s Year-in-Review

Take a glimpse at rinehimerbaker’s year-in-review as we get ready to take on 2020.

rinehimerbaker’s Year in ReviewMade with Moovly


Managing a Cultural Shift in the Cloud

Company Culture’s Role in Successful Cloud-Based Software Adoption Part 2: Leading the Charge

“Company culture is either the number one catalyst or inhibitor to progress.” This according to Brian Solis, who has been a leader in the digital transformation movement, is one of the biggest reasons that you need to change the way your people think if you hope to have a successful cloud journey.

In the first part of this blog, we explored the connection between culture and cloud readiness. Today, we would like to look at some of the steps you need to take to lead your change initiative as you work to transform your business.

Managing a Commitment to Change

Influencing—and inspiring—culture change across your organization requires a concerted effort amongst company leaders to adapt their communications to align with the transparency, flexibility, and agility afforded by your new technology. Before managers can help employees/users learn their new responsibilities, processes and procedures, they have to participate in a “global” initiative to set a positive tone and trajectory for the technology project—and keep the momentum going.

Here are best practices to consider as you take your journey of digital (and cultural) transformation:

Set and share a clear vision. What values do you want your employees to embrace—and personify—as they adopt new technology tools and resources? Formalizing your intentions to serve as a guide will prepare your leadership team, and eventually employees, to embody an innovative, tech-driven culture.

Start from the top. Support from the C-suite is critical—and not only because you need their sign-off to purchase your new technology. Their ongoing partnership is essential to creating a culture that values technology, is willing to evolve with changes, and looks forward to learning new ways of working.

Establish a multi-departmental team. While selecting technology solutions and preparing for the change—not to mention rolling out the changes—it’s helpful to depend on the talents and influence of leaders and power users across the company. These “champions” can help you anticipate areas of potential resistance, collect feedback, and communicate changes and project updates with their respective teams, making for a smoother transition for everyone.

Select the right solution(s). If you implement a solution that doesn’t match your requirements, any enthusiasm you’ve built up around the change will fall flat. It’s so important to get the technology “right” from the very beginning—and working with a trusted technology consultancy is often your best route to success.

Send frequent communications. Keep employees informed on organizational goals and technology project timelines and milestones. Depending on the communications preferences of your workforce, share information with them over different channels and formats so you’re sure to effectively connect with everyone. Your messaging should lead with benefits (e.g. increased productivity, 24/7 system access and mobility, enhanced collaboration) and always provide next steps for learning more or providing feedback.

Depend on your implementation partners. When it comes to securing training materials, user support, and all of the other resources you’ll need to drive ongoing change, your third-party partners will have you covered. Experts in the technology you’re implementing and experienced with deployments, they can help you and your entire workforce stay the course—and always moving forward.

At rinehimerbaker, we know what it takes to successfully introduce game-changing technology and bring your company culture along for the exciting ride. Contact us to learn more.

Don’t miss:

3 Things Keeping Your Finance Team From Unlocking Their Potential

Meet the Expectations of Top Financial Talent with Cloud-Based Software

Building a Cloud Focused Culture

Company Culture’s Role in Successful Cloud-Based Software Adoption Part 1: Understanding the Cloud Culture Connection

If your organization’s digital transformation includes introducing your employees to a cloud-based business software solution, you can’t afford to underestimate the role company culture plays in the process. Take it from Brian Solis, who claims “company culture is either the number one catalyst or inhibitor to progress.” By now, the cloud-culture connection is practically conventional wisdom, as digital innovation and success go hand-in hand.

Business leaders are eager to practice culture-change management alongside technology implementation—but no one says it’s easy. In fact, Gartner’s recent Chief Data Officer Survey reveals that “cultural challenges to accept change” is the top internal roadblock to the success of chief data officers today. It’s a roadblock that can most certainly be overcome.

While you can implement a cloud-based business system without addressing company culture, why not take the opportunity to do so? Read on for insights and best practices for achieving employee buy-in, successful uptake of new technology, and other indicators of a successful technology-inspired culture change, whatever these might be for your organization. In part two, we will explore the process for managing change as you head to the cloud.

Understanding the Cloud-Culture Connection

On the surface, introducing new technologies to your workforce might look like a simple shift toward automation, cost-savings, and increased productivity—and it is! Consider the far-reaching impacts of adopting a cloud-based financial management and accounting solution. But it also represents a new approach to data management, a new approach to decision-making, a new approach to achieving a competitive position in the marketplace, a new approach to customer service, and a new approach to managing employees and their responsibilities—and this is just for starters.

Introducing new technologies sends a clear message to employees—it tells them you’re committed to business growth through digital innovation—and your new approach requires new thinking: a new mindset for everyone from the C-Suite and beyond. If “innovation” my means of technology isn’t already one of your company’s core values, it’s time to undertake a culture change.

Consider how the Institute for Digital Transformation describes the result of a culture change:

  • A culture of an empowered team passionately engaged and invested in the long-term success of the business.
  • Everyone is focused on pro-actively eliminating non-value-added activities and their costs on an ongoing basis.
  • The vision and direction of the organization are clear to all, and every individual understands how to best contribute to the achievement of the goals of the organization and is empowered to act.
  • Every employee is engaged in watching the startup community, other industries, your customers, and your competition for new developments or uses of technology that might be adapted by or against your business.

Indeed, your new cloud-based business software (and other technology) is going to contribute to the long-term success of your business—but there’s a learning curve that needs to be addressed first. Your employees need to become “one” in a mindset that drives the progress-yielding behavior change. Everyone needs to understand why change is necessary, how it will be introduced, and what the new approach asks of them. In other words, simply having the technology and processes in place isn’t necessarily going to lead to the results you’re hoping for.

When It Comes to the Cloud, Culture Eats Strategy for Breakfast

Bringing your business into the cloud is a challenging process, no matter how many benefits exist. As you make the move to the cloud, it’s important to lead the charge at your organization with an effective plan. In part two, we will discuss the process of managing change, offering advice on how to lead a cultural shift.

Competing for top accounting and finance talent

Finance and Accounting Facing a Talent Crisis Part 2: The War for Talent

With unemployment reaching new lows, an already strained finance and accounting industry is starting to feel the pain. Additionally, as the economy continues to improve, demands for finance talent will increase, employees will expect more, and your fellow employers will ramp up their offers to meet talent demands. Read more

Finance and Accounting Skills Gap

Finance and Accounting is Facing a Talent Crisis Part 1: The Education Gap

If you haven’t heard, the business community is facing a talent crisis. Driven by low unemployment, mismatched skillsets, and new expectations from job seekers, it’s becoming harder to find people, fill roles, and compete for talent. This has created a “war for talent” that over the past five years has intensified.

As the fight ramps up for the right talent, we’d like to take a look at some of the drivers behind this fight and some of the opportunities for companies to improve their ability to recruit and retain talent in 2018. In this multi-part series, we will explore some of the biggest talking points, including the skills and education gap, the compensation competition, and the opportunities employers have to capitalize.

The Skills and Education Gap

One of the biggest reasons that the right talent is so hard to find? The skills gap. From entry level to C-suite, there always seems to be something missing. Move up the ladder to staff accountants, controllers, and even CFOs, and there’s a different issue: Certain skillsets are just not there.

It’s been well known that an accounting education isn’t preparing students for their role as accountants. This has been an open secret since the 1986 Bedford Report, “Future Accounting Education: Preparing for the Expanding Profession,” sponsored by the American Accounting Association (AAA). The 1986 report found that there is a “growing gap between what accountants do and what accounting educators teach.”

The Education Gap

Even if this report created some initial momentum toward accounting education reform, a five-year initiative sponsored by the AAA and AICPA found that there was still room for improvement, leading to the creation of the Center for Advancing Accounting Education, as discussed in a recent CPA Journal article.

Unprepared to Transition from Entry-Level to Mid-Level

CPA Journal author Jeff Thomson goes on to report that “the traditional accounting curriculum is that it is too narrowly focused on financial accounting, particularly in audit, tax, statutory reporting, and compliance.” He continues, “within three years, half of [recent graduates] will leave public accounting to work in management accounting roles,” and “[the ones who stay in public accounting] find themselves shifting to consulting and advisory roles.”

The Long-Term Impact

Professionals who are vastly underprepared to make the early career transition need to learn on the fly. This means that they would either need to take time away from earning their CPE credits to study skills including Leadership, Budgeting and Forecasting, Strategy, and more or miss out on important learning opportunities. In turn, time passes, and the number of qualified candidates continues to drop, leading to increased challenges in finding the right people for the job.

Finding the Right People

As we continue through this series, we will explore the challenges further and discuss some of the opportunities available to employers, and welcome you to subscribe to our mailing list and follow us on LinkedIn to keep up to date. At rinehimerbaker, we know accounting, and we know how hard it is. That’s why we recently launched a new talent management and recruiting consultancy designed to help you bridge the skills gap. Learn more about this practice here, get in contact with us to learn more.

rinehimerbaker announces recruiting practice

Bridge the Talent Gap with Recruitment Services from rinehimerbaker

Over the past few years, there has been a talent crisis building. Driven by three major factors, an aging finance and accounting workforce that approaching retirement, decreasing numbers of students choosing accounting, and a falling unemployment rate; it’s becoming more and more challenging to find the right people for the job. Read more

Workforce Go! Product Spotlight

Product Spotlight: Workforce GO! Human Capital Management

At rinehimerbaker, we are committed to helping growing businesses do more work while doing less labor. As a leading accounting firm, technology consultant, and provider of services that help you get the job done, we like to shine the spotlight each month on some of the software that we recommend for our clients. Today’s software is a leading human capital management platform that integrates with Sage Intacct to provide one click transaction entry, bidirectional data entry, and complete functionality to make the HCM process easier. This platform is called Workforce Go! and you can learn more below.

Workforce Go! Human Capital Management

Designed to connect best in class financials with a best in class human capital management system, Workforce Go! works with Sage Intacct to provide customers and end users an easy to implement, easy to use, and easy to configure platform that syncs with multiple modules within the Sage Intacct platform.

By connecting the two, customers can easily generate and access reports designed with the end user in mind, tackling compliance issues, complex hours tracking requirements, and costs. This web based solution features multiple modules designed to simplify HR processes as your business grows.

Human Resources Solution

From applicant tracking to onboarding and throughout the employment of your team members, Workforce Go! makes it easy for everyone to get the information they need and reduce the manual processes getting it.

Why Workforce Go! for Human Resources?

While most small and midsize companies have processes, policies, and strategies in place for HR management, these activities tend to be time-consuming and inefficient and don’t scale well as your business grows. Workforce Go! provides a robust HR application that enables you to streamline and automate these HR tasks efficiently and effectively. Self-service functionality takes it one step further by empowering your employees to handle many of their own HR-related tasks.

Key Features

The application features selfservice workflows, allowing employees, managers, and HR administrators to directly manage many of their tasks across the functional spectrum.

  • Applicant Tracking allows managers to perform online applicant searches and track job applicant candidates throughout the hiring process. Candidates have the ability to directly apply for a specific position online.
  • Onboarding Checklists help you electronically submit W-4 and I-9 forms, conduct open enrollment with employee self-service, and manage automated payroll deductions.
  • Performance Management provides an automated method for managers to review employees and for employees to review their own performance through a multi-tier review process. Performance reviews are measured through competencies, goals, and core values, providing you with a fast, comprehensive way to track employee performance.
  • Compliance is a breeze with reports for new hires, Equal Employment Opportunity Commission, and Vets 100. Built-in workflows for filing forms such as I-9s and W-4s make the submission process faster. All data are stored online and can be accessed and printed when needed.

With so much more available, we welcome you to check out the entire platform by reading their brochure.

Workforce Management

With so many employee management pitfalls pertaining to hourly tracking, payroll concerns, and inaccuracies, having a solution that can automate the process and reduce the work managing your workforce can improve productivity and reduce costs.

Taking Control of Labor Costs without Spending Money Tracking It

According to PricewaterhouseCoopers, labor costs represent 28 percent of annual revenue for U.S. companies. In managing your workforce, you need a solution that will help you reduce labor costs, promote worker productivity, and hire the talent that will help grow your business in the future. Our powerful workforce management suite can help your organization transform how you find, manage, grow, and retain your workforce.

The Workforce Go! workforce management suite, composed of time and labor management, human resources, and payroll, makes it possible for you to accurately manage all aspects of your workforce through one web-based application. By automating many of the manual, time-consuming processes associated with managing your workforce, our workforce management suite helps you improve operational processes and grow your business while easing compliance and saving you time and money

Key Features and Benefits

  • Access your system anytime, anywhere. Whether you’re traveling, working remotely, or out sick, you have 24/7/365 access to the applications. All you need is a web browser or mobile device. You remain in constant control of your business information.
  • Get in-the-moment access to real-time data. The suite effectively eliminates the guesswork of labor expenses by seamlessly integrating HR, payroll, and time and labor management, allowing data to be viewed and analyzed in real time. This enables you to see the full picture of your operations whenever you need to.
  • Address additional workforce management needs. The Marketplace is a one-stop shop featuring tightly integrated, complementary products and services from accredited third-party vendors as well as internally developed offerings in a broad range of functional categories.

Learn more about the entire Workforce Go! suite by reading their brochure.

Run Your Business with the Help of rinehimerbaker

At rinehimerbaker, our goal is to help you do more with less. From our outsourced accounting services to our newly announced recruiting services, to our technology consulting, recommendation, and implementation services, we can help you to thrive. Learn more about our work and get in contact with us to learn more.

G2Crowd finds Sage Intacct Tops the List of ERP Software

Sage Intact Named Customer Satisfaction Leader by G2Crowd

The results are in: Sage Intacct is the cream of the crop, according to its customers. If this doesn’t sound compelling, think of it this way: When compared with other software, Sage Intacct customers are happier, more productive, and more likely to recommend the software to their colleagues than any other software’s customers.

This according to G2Crowd, who receives verified reviews from hundreds of thousands of customers for tens of thousands of software options, who found that among ERP offerings, Sage Intacct received a 98 out of 100 in customer satisfaction in the Fall 2017 Accounting Grid® Report. The Fall 2017 report based this satisfaction on multiple rankings, and found Sage Intacct the leader in the following categories:

  • Likeliness to Recommend: 86%—compared with 80% for the second-place finisher, NetSuite
  • Product Direction: 94% of customers felt the company was taking the product the right way. Second place was FinancialForce at 85%
  • Ability to Meet Requirements: 85% of users saw the software as capable, higher than any other ERP software.
  • Ease of Administration: Another category led by Sage Intacct, the product was loved not only by users but administrators, as well, with 86% of administrators loving the software.
  • Ease of Doing Business: Intacct was designed to take the monotony out of the everyday and connect with other applications to get the job done. Again, Sage Intacct tops the list at 87%, higher than FinancialForce, NetSuite, and Dynamics.
  • Quality of Support: Not only is the product great, the company’s ability to make things right is again at the top of the charts. 82% of Sage Intacct customers are happy with the support they receive—whether from the company itself or value-added partners like rinehimerbaker.
  • Ease of Setup: One of the selling points of a best-in-class software like Sage Intacct is its ability to be up and running in weeks or months, not years. With an industry-leading 77% of respondents finding the software easy to implement, customers are ecstatic with Sage Intacct’s ability to get up and go.
  • Ease of Use: Once it’s up and running, a software needs to make the day easier. 85% of Sage Intacct customers found the platform easy to use.

Infographic: G2Crowd Puts Sage Intacct atop the ERP Market

The latest infographic from G2Crowd highlights even more successes by the product, adding quotes from customers, results, and even more reviews. See the entire infographic below.

Get to Know Sage Intacct from rinehimerbaker

When you’re ready to work with the industry leader in customer satisfaction, it’s important to know that the software is only one part of your success. Finding the right implementation and support partner to take you from decision to operation can be your path to real success. At rinehimerbaker, we are one of the best in the business at this, and have helped companies across Florida to decide, implement, and integrate Sage Intacct with other leading software options. Learn more about receiving a free, 30-day trial by clicking here. Not ready for that kind of commitment? Let’s talk.

Exploring the Reasons to Use Cloud Accounting

3 Sure Signs You Need A Cloud-Based Financial Management and Accounting Solution

If you suspect your existing financial management and accounting system doesn’t have what it takes to sustain your company’s growth, you’re probably right. Even if you’ve already graduated from homegrown spreadsheets to desktop software, your on-premise solution it simply might not be powerful enough to meet your evolving needs. Consider these 3 signs that it’s time to migrate your data and systems to the cloud: Read more

getting spreadsheets out of your organization

How to Stop Your Company’s Microsoft Excel Habit

One of the most prevalent, dangerous, and hard to break habits that exists at an organization is its peoples’ obsession with using Excel for everything. Even if the software has become smarter in the past years and has become more useful when paired with Microsoft Power BI, the continued use at your organization is creating more problems than it solves, and it’s important to break this bad habit before it’s too late. Read more