Newsbites from DeRosa Mangold Consulting

New at DeRosa Mangold

Any accountant knows when running reports, we are limited to the data we can extract.

Client Success Manager, Gina Dickson talks about her past experience with reporting struggles and how functional dimensions within Sage Intacct allow clients to pull information directly from the General Ledger.

"In my own past experience as a Controller I was always frustrated by the inability to pull usable information from the General Ledger. Let’s be real… I’d have to run multiple reports and compile data in Excel to get the information I needed. It was a pain! For example, if I wanted to run a Sales by Item report from my General Ledger, I simply couldn’t. It was impossible. Instead, I’d have to go to the sub-ledger and be at risk that it might not tie to my General Ledger." Read more.

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Advantage 2019 Session Schedule is Now Live!

Upcoming Sage Intacct Webinars:

The Modern General Ledger for Nonprofits - Not Your Mother's Chart of Accounts

Wednesday, October 9th at 11AM PT / 2PM ET

The general ledger is the heart of any financial management system. That’s why it’s so important to have a smart, flexible, and future-proofed general ledger in your accounting solution. Join Sage Intacct, provider of the only cloud financial management solution recommended by the AICPA, to learn how you can leverage modern technology and the cloud to automate accounting processes, gain efficiency and increase visibility to the data that matters to your nonprofit organization.

Register Here: https://online.sageintacct.com/WBN-2019-10-09ChartofAccountsNFP_02.LP-RegistrationWebsite.html?referral=DeRosa

5 Questions Every CFO Should Expect from the CEO

Thursday, October 10th at 11AM PT / 2PM ET

The most savvy and successful CFOs are business partners with their CEO, providing valuable business insights and strategic recommendations that define the direction of their companies. They deliver value by answering business critical questions from the CEO and board before they're asked.

How do they do it?

During this webinar, we will discuss how they leverage a data-driven approach to proactively answer the top 5 questions from their CEOs, including:
• Where would we invest the next incremental dollar?
• How should we be measuring our business?
• Where are we on cash and sources of funds?

Register Here: https://online.sageintacct.com/WBN-2019-10-105QuestionsEveryCFOShouldExpectfromtheCEOGB_02.LP-RegistrationWebsite.html?referral=DeRosa

The 2019 Survival Guide for Nonprofit Finance Teams

Wednesday, October 23rd at 11AM PT / 2PM ET

As the demands on nonprofit finance teams increase, you’re expected to create greater transparency and visibility, enhance the governance of your organization, and drive strategic focus – all while improving productivity. Join this webinar to learn how you can not only survive, but thrive in this challenging environment.

Register Here: https://online.sageintacct.com/WBN-2019-10-23The2019SurvivalGuideforNonprofitFinanceTeamsNFP_02.LP-RegistrationWebsite.html?referral=DeRosa

Difference_between_sage_100_and_sage_100_cloud

It’s Time to Connect Your Existing Systems to the Cloud
Pay as you go with Sage 100cloud to get all the features of cloud connectivity without giving up the benefits of your on-premise or hosted solution. Whether your current Sage 100 solution is highly customized or not, you can take advantage of new cloud-connected capabilities:
• Take advantage of rapid product innovation while upgrading on your own schedule
• Easily configure your application settings, or heavily customize your environment thanks to an open code base
• Increase collaboration through mobile access to relevant information without sacrificing the feature rich experience of a native application.
• Subscription pricing means you can avoid upfront costs and pay in a way that makes sense for your business

Enhance Sage 100 to meet the needs of your growing business without disruption to processes that work,
with Sage 100cloud.

Dynamic Insights from Research on Finance Analytics
By itself, data isn’t useful for business; the application of analytics is necessary to transform data into actionable information. Data analysis of one sort or another has long been a core competence of finance departments, applied to balance sheets, income statements or cash flow statements. In this article from Rob Kugel at Ventana Research, discover why Finance must go beyond these basics by expanding the scope of the data being examined to include all financial and operational information that can yield actionable insights. Read the full article.

Instead of Pursuing a Work-Life Balance, Focus on Creating Harmony

Work-life balance is a phrase we’re all familiar with, but what does it really mean? Does anyone know? In this Forbes article by leading development coach Paula Black, she shares a new take on the concept – she doesn’t believe in finding balance, she believes in finding harmony. Work doesn’t fit into a neat little bundle, and neither does your family, and neither do your hobbies. Trying to “balance” it all out doesn’t make sense. Instead, she shares suggestion on how to create harmony throughout your life: harmony among your career, your family, your personal hobbies and your friends. Read the full article.