The system(s) that once helped bring order to your operations may now be slowing things down. As organizations grow, shift focus, or respond to new demands, software that once felt like a perfect fit can start to feel restrictive. Finance teams rely on more workarounds. Spreadsheets multiply. Reports take longer to produce and answer fewer […]
The promise of seamless system integration—real-time dashboards, automatic updates, reduced manual handling—often sounds too good to pass up. Vendors tout live data connections, executives expect instant visibility, and teams grow impatient when information does not flow. But full integration is not always necessary or worth the investment. In many cases, a well-mapped file transfer or […]
For many nonprofits, month-end close follows a familiar rhythm: reconcile books, gather receipts, post final entries, and generate reports. It is a routine shaped by habit and deadlines, often carried out under pressure. But in practice, this model can create as much friction as it resolves, especially when organizations rely on outdated systems or must […]
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 […]
