Cash drives every strategic decision in the life sciences and medical device field. Whether investing in research and development spending, advancing a therapy through clinical trials, acquiring lab equipment, or managing global vendor relationships, liquidity determines pace and flexibility. Timelines can be long. Outcomes can hinge on regulatory approvals, trial results, or market conditions beyond […]
The nonprofit month-end close has become an exercise in endurance—manual checklists, spreadsheet reconciliations, and long hours spent assembling reports under deadlines. For lean finance teams, the process is not only inefficient but difficult to sustain. Close automation platforms help reduce that burden by bringing structure, consistency, and transparency to the process. These tools organize workpapers, […]
Each year, AAFCPAs sets aside a portion of its net income to support the nonprofit community—part of a long-standing commitment we call 10% Back to Nonprofits. While that giving includes sponsorships, pro bono work, and board service, it also takes shape in more personal ways. Summer Outing Raffles Raise Over $5,000 for Nonprofits At this year’s […]
Some decisions are delayed not because they are unimportant, but because they are uncomfortable. For many finance teams, the thought of changing systems or introducing automation falls into that category—too expensive, too complex, too disruptive. But staying the course has its own cost. Hours spent maintaining spreadsheets, tracking deadlines manually, or entering transactions line by […]
Finance leaders face increasing pressure to produce faster, accurate reports and maintain strong internal controls—all while managing lean teams and limited resources. Technology should help ease this burden. However, when systems are disconnected, it often creates more work. Teams spend more time managing data across platforms than leveraging it for decision-making. Reconciliations get delayed. Reports […]
Celebrate Stephanie Ash, AAFCPAs’ 2024 Growth Mindset Award recipient, as she reflects on the power of perseverance, curiosity, and continuous improvement. A trusted manager and peer-nominated honoree, Stephanie is known for embracing challenges, driving process enhancements, and inspiring those around her to grow. Her leadership shines through in the small, consistent actions that elevate team […]
During AAFCPAs’ recent Nonprofit Seminar (April 2025), Robyn Leet and Stuart Karas of AAFCPAs’ Business Process & IT Consulting practice presented strategic considerations for nonprofit finance leaders looking to improve efficiency, automate painful manual operations, reduce duplication, and make better use of their existing software tools. Nonprofits often rely on a patchwork of systems—some modern, […]
During AAFCPAs’ recent Nonprofit Seminar (April 2025), Ryan K. Wolff, MBA and Vassilis Kontoglis presented practical guidance to more than 550 attendees on how nonprofit finance teams are using automation and artificial intelligence to eliminate repetitive tasks, streamline operations, and accelerate digital transformation. Nonprofits are under pressure to do more with less, but the path […]
AAFCPAs was featured at CwX 2025, where Ryan Wolff, MBA, a leader of Strategic Innovation & Data Analytics, joined a panel focused on advancing firmwide technology adoption. Hosted by Rob Brown, co-founder of the Accounting Influencers Roundtable, the session brought together leaders who are driving change in how firms adopt and scale emerging tools. In this […]
