Your organization has embraced advanced technology everywhere it seems to fit. In that way, you’re staying competitive in your industry and meeting the expectations of clients or customers. Nonetheless, if your accounts payable people aren’t leveraging technology to streamline workflow, your company is still missing the mark.
Sometimes you don’t know what you’re missing until you make a change. Here are some of the leading benefits of a changeover to an automated AP system.
Updated 7/30/2019. I recently visited a client company with over 750 employees. The HR staff kept track of vacations on a spreadsheet. Anyone considering taking time off would first call up some poor overworked HR rep and see how many days they had remaining. That rep would have to then manually update the remaining totals.
I have to imagine that was pretty much how that staffer spent his or her summer months at work.
This same company had a total of about ten spreadsheets keeping...
By Kelsey Silverstein
Developing a recruitment strategy that targets millennials is no longer a future concern. It is a present-day prerequisite to obtain top talent.
In order to attractively advertise your company to these young professionals, we first need to define them. So, who are Millennials?
Millennials are a cohort that range from ages 23-38. In 2017, Pew Research Center found that 56 million Millennials were either working or actively seeking employment, surpassing Gen-Xers....
Updated 7/30/2019. Cybersecurity does not offer a return on investment — unless you count stable client relations, peace of mind, insurance against the financial, and public relations disaster that can result from digital criminal activity. In other words, cybersecurity is something that your business will hardly notice if it’s functioning well, and deeply regret if it goes wrong.
Harmful effects from data breaches
Data breach can be a crisis for your business in a number...
There are few administrative initiatives that might prove more challenging to more of your employees in more departments than the launch or changeover of an ERP system. Don’t get me wrong — in time you’ll all feel that it’s totally worth it in terms of enhanced productivity and accuracy. It’s just that you’ll all work up a sweat getting there.
In an earlier blog post I described your Enterprise Resource Planning system as being the brain center of your company. So an ERP implementation...
By David Singletary
Updated 7/29/2019. We all know about the rapid pace of technology and the headaches it can cause your company. It can be more than merely annoying. It can also be costly and time-consuming. You’re constantly upgrading your tech hardware or software — or fielding complaints from employees if you don’t.
Your ERP solution is the brain center of your company. Depending on your line of business, it’s likely to impact your accounting, HR, sales, inventory and...
By Wiss Associate
Think of an accountant, and what do you picture? If you follow the common societal stereotype, you may envision someone with a pocket protector and a beige plastic raincoat who goes to bed cuddling his calculator, with no emotion and no social competence. A person who would rather recite the square root of pi than eat pie.
Think of an entrepreneur, and you probably picture an entirely different image.
Beyond the sheer sophistication of the word “entrepreneur” itself,...
By Wiss Associate
Did you know the real estate industry is a $15 trillion industry and small to medium sized companies still command roughly 50% of the total real estate market in the United States? This concept has drastically transformed with the rise of Cloud computing and the price of entry–which is much lower than you think. Companies such as Appfolio, Propertyware, RealPage and Total Management are paving the way with complete property management, accounting, tenant portal,...
By Wiss Associate
When it comes to real estate investment and property management software, Yardi Technology is the Cadillac of products on the market. Few can compete with Yardi’s scope of offerings, from commercial real estate and construction management to residential rentals and investment partnerships. And while Yardi is one of the longest-standing companies of its kind, it’s also an innovator: It was one of the first such software brands to offer a total cloud-based product.
By Alexander J. Narcise and Robert Risk
The real estate world has become increasingly exposed to cyber-attacks given the increase in the amount of multi-family properties that have been developed over the last few years. Developers who were never before in the multi-family market are now collecting personal data from thousands of individuals. Even commercial properties possess very private tenant financial information that could cause harm if penetrated, and regular insurance alone...