Your Full-Service Accounting + Business Growth Advisory Partner

Tag: technology

The Maturing Cybersecurity Dangers in Commercial Real Estate

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...

Continue reading

Moving Your Business to the Cloud: Increase Flexibility, Savings and Security

By Jessica Manas By now you’ve heard about the cloud — that invisible vault that allows you to store data on the internet instead of keeping it on hardware devices. And you likely already use the cloud – whether you realize it or not. If you’ve ever scheduled a meeting on your laptop and it then popped up on your smartphone calendar, or if you’ve ever been relieved to find that your photos still exist after you’ve dropped your iPhone, you have the cloud to thank. Businesses can also...

Continue reading

How to Assess and Resolve Business Process Issues

By Paul Ursich Updated 7/30/2019. As companies grow, they often fail to focus on the technology or resources required to maintain their edge in the marketplace. This can lead to a breakdown in business process optimization, hinder productivity and impact morale. Take, for example, a construction company that approached Wiss after experiencing 300 percent growth over a five-year period. While sales had tripled, the size of the accounting department and the technology used to run...

Continue reading

Key Steps to Take When Adopting New Accounting Software

By Paul Ursich Accounting software has certainly changed the way industries function. These systems eliminate numerous manual components of financial organizations while offering businesses countless ways of analyzing and improving corporate performance. Hence, when a myriad of software solutions are at your fingertips, how can you capture the greatest dynamic structure for your business? Execute the following actions necessary to acquire the desired and worthwhile results: Strategize Grasping...

Continue reading

The Technological Evolution of the Accounting Profession

By Bob Risk Towards the culmination of the twentieth century as the advancement of technologies intensified, accounting organizations across the corporate province eyed a distinct change in their routine activities and interactions with clients. Attributable to these transformations, CPAs are urged to acquire the latest innovative proficiencies, freshly blended into the daily operations of each accounting specialist. Bookkeeping, the respected dialect of the business realm, continues...

Continue reading

Y2K15 Technology Assessment

By Paul Ursich  Remember what you went through in the late 1990s as you frantically sought to assure yourself and others that your computer systems would survive the turnover to the year 2000? Fifteen years later, this is a good time to review your technology and infrastructure haves, have-nots and should-haves. But this time around, you don’t have to be frantic. Take your time in 2015 to assess your needs and determine how to invest to meet the demands and embrace the exciting...

Continue reading

Transitioning to the Cloud

By Wiss Associate What if you lost your company’s computers, servers and phone system? The culprit could be hackers, natural disaster or technology breakdown, but the end result is the same: You lose nearly everything of importance to your business for an unspecified length of time. Your business is at a standstill until you hire an army of IT specialists to get you up and running again. They’ll get right to it — or at least as soon as they can fit your company into their busy schedule. Because...

Continue reading

Seven Critical Steps to Upgrading your Accounting Software

By Robert Risk  Corporate accounting software generally lasts about 10 years before users get bogged down with a system that’s out of touch with current needs. Perhaps your people use Excel spreadsheets for processes that should be easily automated. Or the company has grown to where your existing software can’t keep pace. Or — worst of all — you can no longer trust the numbers on your reports. As you look for a cost-effective system that will serve your needs now and into the future,...

Continue reading

Welcome to Silicon Alley

Tech start-ups meet funding in the Big Apple By Ryan S. Silva, CPA, CFE, CVA  Start-up technology entrepreneurs and investors need to take a close look at New York City’s Silicon Alley, if they haven’t already. There’s a reason the name is so similar to Silicon Valley on the opposite coast. Both are geographic centers of tech innovation, but in addition to the young brainpower in early-stage technology development, this tech hub is as much about access to the nearby capital markets. It’s...

Continue reading

Six Ways to Tell if Your Company is Ready for Series A Funding

By Ryan Silva It’s an exciting — and nerve-wracking — time as your young company prepares to draw investor interest in Series A funding. It’s most likely your company’s first in-depth contact with the venture capital world, but how do you know your business is ready to take such a step? Here are some things to consider:  You’ve put out feelers. VC firms don’t just show up on your doorstep when you need them most. Start your meet and greets long before your company is ready for that...

Continue reading


Copyright 2022, Wiss & Company, LLP Accountants & Consultants. All rights reserved.