Technology
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How to differentiate between contract reimbursment and an inducement from a vendor?
Contract incentives/inducements received from a vendor are to be deferred and amortized over the related term of the contract (or specified conditions) whereas a reimbursement of costs may be offset in a manner in which the costs where incurred. Acctg guidance indicates to obtain this treatment, th…
3
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Dun & Bradstreet
Would you trust credit decisions from a company whose data is so corrupt? I was doing a Google on myself and I came across this website: http://www.corporationwiki.com/p/2ia9yb/wayne-spivak The data discovered is very funny: - It states I'm the President and CFO of Proformative (last time I checked…
5
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ERP System for small company - affordable and easy to use
I also have been looking for a ERP solution for a small company. Orders and inquiries are managed by spreadsheet, and inventory tracking is essentially non-existent. So we really need something. However, I suspect that these packages are very expensive and time-consuming to manage. Can anyone provi…
2
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Commission models in a pure SaaS business
I would like to know how commission is structured and paid in a SaaS business with respect to: 1. Type of sales channel Direct, inside sales, indirect channel Do inside sales have a quota, MBO or both How are the three types paid? 2. Commission plan How paid - based on MRR/ARR/New business only or …
2
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Standalone inventory module to plug into Oracle ERP Cloud
We've purchased Oracle Financials Cloud and Purchasing Cloud, neither of which have inventory capabilities. I'm looking for very a basic inventory platform to use to track my raw materials (mainly bags of fertilizer) and shipments (tomatoes). Any recommendations? FOSS preferred but not required. My…
2
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Windows 10 is around the corner....
Are you updating and why? What will you do if Microsoft creates another bomb (think Millennium, Vista, Windows 8)? Do you feel that you are being pushed towards Apple or a Linux variant as your PC operating system?
4
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How Do you Know, Your Company is ready for an ERP?
Many Companies think that they need to get an ERP at a point where they go past a certain Turnover/Profit. But are they actually ready? what points to they need to consider? ERP are standards and many Company practises are not always standards, what happens when the Standard practices clashes with …
3
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Outsourced Payroll and HR for independent K-8 School
I am looking for some ideas on how to streamline the payroll and HR function in our school. We have about 40 full time staff and about 60 faculty that work 10 months per year. Does anyone have any experiences with outsourced HR/Payroll functions and how they work? Are they worth the price, etc... T…
1
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Evaluating TRACT vs. Zuora Enterprise/Nine for recurring billing
Hello, I'm advising a mid-tier telco in Asia on adopting Transverse TRACT vs. Zuora. Trying to understand the benefits, features and pricing models.
1
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How to Negotiate the Best Deal on New Software?
The Signorelli Company does real estate development in the Greater Houston Area – homebuilding, land development and commercial - primarily retail. We are contemplating a software upgrade. We looked at a number of accounting platforms (including JD Edwards) and found New Star Constellation to be th…
6
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How do I escape spreadsheets?
"Which are the main steps to move away from spreadsheets towards higher automation in an online ERP platform? Approximately, how long does it take?" This question was asked at a recent webinar, now available on-demand: "Eliminating the Risks of Spreadsheets Within Financial Processes" Please add …
7
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what is a good replacement for Mekorma
we are upgrading to the newest version of Great Plains and are being told we have to pay all past years of maintenance fees for Mekorma, which is more than a new license. What is a good replacement product that will still work with Great Plains?
2
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Where do you see the biggest cost and efficiency gains from moving to the cloud?
This question was asked by an attendee during the Proformative webinar "The Evolving Role of Finance Leaders: Owning Technology" held on November 14, 2012. A video of the webinar can be viewed here: https://www.proformative.com/resources/webinar-video-evolving-role-finance-leaders-owning-technolog…
2
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Is Xero vs Quickbooks upgrade and migration worth it?
It seems like Xero is maybe a little easier, has some decent mobile and real time features and can handle foreign currency reconcilliation. I think there's an easy way to migrate old QB vendors, categories etc. What do you think?
4
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Migration from Deltek Advantage to Quickbooks Premier?
Has anyone migrated from Deltek Advantage to QuickBooks Premier. What process and source did you use? Any difficulties? Is it something I can attempt on my own? Should I pay for the migration by QuickBooks? Should I get a QuickBooks ProAdvisor to do it? We have a local consultant who is not a Quick…
5
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2 Locations and Using QB
We have a tennis business in one city and use QB's software and operate on an accrual basis. We are about to enter into an agreement to operate another facility for the local parks and rec department whereby they get a percentage of the revenue. Can I operate the two locations from the one QB file …
3
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Manufacturing and Cost Accounting Software
I am advising several small, high tech companies that make Consumer Hardware. So they need to track inventory purchases, finished goods and basic standard costing. They buy the product "turnkey" from contract manufacturers, so they do not need to track Raw Material, WIP, mfg variances, etc. But the…
10
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MS Outlook adding quotation marks to email addressees
Does anyone know how to stop MS Outlook from adding single quotation marks from the beginning and end of e-mail addresses? I have searched and read through many forums but found no solutions. It's impractical to add all the e-mail addresses to my Outlook address book. The quotation marks cause the …
3
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What is the best way (software) to establish accounting system for an early stage startup
I just joined a startup, at a very early stage - the company doesn't have sales yet and budget is very very limited. I need to establish accounting system as well as online invoicing and collection process (by credit cards). The sales will be through the company website. Any reccomendation what to…
13
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Most useful technology in your role
What piece of software or technology is most useful to other CFO's and is something you "cannot live without?"
25
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What ERP systems to avoid
We are looking for a new system, I would like to take a different approach. Can I get comments about systems that are causing pain, especially warehouse management side.
2
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system integration, make sense or not?
We are a Canadian manufacturer and distributor for customized home improvement products. Currently we employ 3 systems internally, 2 cloud based software(let's call them SaaS 1& SaaS 2) and an ERP/accounting software sitting on the on-premise server . SaaS 1 was custom designed for all technica…
1
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We have a client that wants us to handle their third party sick pay
We have a client that wants us to handle their S&A payments. In the contract, we pay their employee, withhold and remit the taxes, supply W-2 etc under our FEIN. HR doesn't like this setup, they feel it will make us non-compliant with our benefit providers and reporting. If its under our FEIN, …
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