News and Blog: Finance

7 Reasons Your Finance Team Should Be the Center of Your Organization

7 Reasons Your Finance Team Should Be the Center of Your Organization

Organizations that are growing bigger and more complex typically need more than standard accounting software. Similarly, financial professionals in expanding organizations typically need to redesign their role to meet the changing needs.

As departments and projects grow, organizations need a central point of contact for all collaborators – a source of information that can be relied upon for strategic decision-making. For most organizations, this starts with the finance team and its resources.

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How Will Financial Audits Change In The Future?

How Will Financial Audits Change In The Future?

“To maintain the reputation of a CPA as the most trusted advisor, reimagined audit services must be our future.” Those words perfectly summarize the sentiment of Thomson Reuters in its “4 Keys to the Future of Audit” whitepaper, representing a viewpoint that most experts in the industry strongly support.

With a growing emphasis on technology, particularly automation, in the financial sector, there’s a critical need for the audit process to advance. After all, it continues to be one of the core activities for CPA professionals and its overall importance in the industry shows no signs of diminishing.

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How Access to Real-Time Data Impacts Financial Decision Making

How Access to Real-Time Data Impacts Financial Decision Making

With the amount of available data increasing at exponential rates, today’s firms are hard-pressed to find solutions for organizing, accessing, and understanding it.

After all, the importance of real-time data in the financial decision-making process is multi-faceted, and that’s why 92% of companies are increasing their investments in the likes of real-time analysis and other modern data solutions, according to OpsClarity. Of course, numbers like that beg the question: Is your organization jumping on board to get ahead, or lagging behind?

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How Technology Will Change the Accounting Industry Over The Next 5 Years

How Technology Will Change the Accounting Industry Over The Next 5 Years

The projected growth of accounting jobs is a promising notion, with the BLS estimating a 10% increase in accountants and auditors through 2026, but rapid advancements in industry technology can’t be overlooked. Accenture, a leading consulting firm, recently told Forbes that “automation, minibots, machine learning, and adaptive intelligence are becoming part of the finance team at lightning speed.”

With a growing amount of accounting processes already being enhanced or completed with the help of these solutions, it’s important to look ahead at how the continued adoption is going to impact the industry in the next few years.

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A Consultative Approach: Guiding our Prospects Through the ERP Buying Journey

A Consultative Approach: Guiding our Prospects Through the ERP Buying Journey

As a Business Development Executive at Multiview, Chris Cuming’s mission is to guide, educate and support our Multiview prospects and clients as they kick off their ERP journey.

He sits down and discusses his Sherpa methodology as well as the driving force behind Multiview’s partnership successes and our commitment to being client obsessed.

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ViewSource 360: The Benefits to Multiview's Multi-Source Data Warehouse

ViewSource 360: The Benefits to Multiview’s Multi-Source Data Warehouse

Multiview has built what is referred to as “ViewSource 360” for a multi-source data warehouse. In basic terms, it keeps all your data in one place.

ViewSource 360 lets you drill to the details from your production systems, allowing you to see supporting information that is summarized in the general ledger and financial statements with a single click.

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Recommended Reading for Every CFO

Recommended Reading for Every CFO

With back to school just around the corner, there’s no better time to think about continuing education, and it doesn’t require going to class. Justin Winchiu, Multiview’s CFO, recommends three books for senior leaders and financial executives wanting to continue to shape their ideas, gain a fresh perspective, and discover more tools to succeed.

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Featured Image - Excel and Filing Cabinets, Are They Ever the Right Answer?

Excel and Filing Cabinets, Are They Ever the Right Answer?

There are two filing cabinets behind the front desk at my optometrist’s office – To Be Paid and Paid. The simple answer is sometimes the right answer. Sometimes, all you need is excel.

I see it all the time, where businesses over-think solutions to problems that might be best solved using excel. At other times, they don’t even start projects because they are searching for perfection and trying to solve too many problems at once.

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