Elevate Your Process Management with BlackLine’s Task Management Module

If you’ve implemented BlackLine’s Task Management module for your accounting period close, don’t stop there! The Task Management module can be used to automate numerous tasks across your organization and maximize the value of your investment. Some of the [...]

By |2021-09-28T15:55:38-04:00September 28th, 2021|Categories: Blackline, Blog, Cloud Technology, Consulting, Software Solutions|0 Comments

Is it time to upgrade your accounting system?

Timely financial data is key to making informed business decisions. Unfortunately, it’s common for managers to struggle with their companies’ accounting system to get the information they need, when they need it. Often, it takes multiple, confusing steps to [...]

By |2021-09-24T19:47:46-04:00September 24th, 2021|Categories: Audit, Blog, Software Solutions|0 Comments

How to Calculate a Discount Rate for Lease Accounting

One of the many determinations companies need to make as they implement ASC 842, the new lease accounting standard, is calculating the appropriate discount rate for their leases. For lessees, selecting and estimating the discount rate will have an [...]

By |2021-09-22T17:02:51-04:00September 21st, 2021|Categories: Audit, Blog, Consulting, Lease Accounting|Tags: |0 Comments

Reduce Family Office Accounting Complexity by Choosing the Right Software

Prioritize Your Accounting Software One of the most effective ways for a family office to improve efficiency and reduce complexity is selecting the best accounting software for its needs. While popular accounting software such as QuickBooks is suitable for [...]

Improving and automating your company’s account reconciliation process with BlackLine

Many companies don’t realize they can use BlackLine to achieve account accuracy, systematic consistency, accountability and transparency while automating the reconciliation process - saving dozens of hours per month that can be redirected to more meaningful close tasks. If [...]

By |2021-09-07T17:10:51-04:00August 17th, 2021|Categories: Blackline, Blog, Cloud Technology, Consulting, Outsourced Accounting, Software Solutions|Tags: , , , , , |Comments Off on Improving and automating your company’s account reconciliation process with BlackLine

Five Imperatives to an Effective Family Office

It’s amazing how basic each of these five items sound, and yet often one or more are not present in family offices.  The result is frustration by the family, stress in the team, and a high likelihood that families [...]

By |2021-08-09T11:53:20-04:00August 10th, 2021|Categories: Blog, Consulting, Family Office, Outsourced Accounting, Software Solutions, Tom Crotty|Tags: , , , |Comments Off on Five Imperatives to an Effective Family Office

6 Steps Private Companies Should Take to Prepare for ASC 842 Lease Accounting

Private companies and nonprofits will soon be subject to the ASC 842 lease accounting standard. Adoption of this standard is effective for annual reporting periods ending after December 15, 2021. For calendar year-end companies, this means the effective date [...]

By |2021-09-22T17:03:53-04:00August 4th, 2021|Categories: Blog, Cloud Technology, Consulting, Lease Accounting, Manufacturing & Distribution, Outsourced Accounting, Real Estate, Retail, Small Business Services, Software Solutions, Technology|Tags: |Comments Off on 6 Steps Private Companies Should Take to Prepare for ASC 842 Lease Accounting

Why Use BlackLine for Variance Analysis (Flux) Monitoring?

BlackLine’s Variance Analysis Monitoring module uses standardized configurable templates and rule-based workflows intelligently designed to quickly identify unusual account activity and automatically flag and route outliers for review. With this module, you can automate data imports such as Balance [...]

By |2021-09-07T18:56:17-04:00July 27th, 2021|Categories: Blackline, Blog, Consulting, Kevin Burke, Software Solutions, Technology|Comments Off on Why Use BlackLine for Variance Analysis (Flux) Monitoring?

4 Critical Areas to Explore Before Setting Up a Family Office

As families and their professional advisors begin discussing the potential benefits of creating a family office to manage their affairs, a number of challenges need to be considered to ensure the office meets the family’s goals. Identify what you [...]

By |2021-09-08T11:58:31-04:00July 6th, 2021|Categories: Blog, Consulting, Family Office, Tom Crotty|Comments Off on 4 Critical Areas to Explore Before Setting Up a Family Office

Shifting from a Family Office to a Family Enterprise Mindset

A common mistake made by many high-net-worth individuals and families is failing to treat their family’s financial affairs as a business entity in their own right. Managing the business of the family’s assets is a critical practice that demands [...]

By |2021-09-07T17:08:59-04:00June 22nd, 2021|Categories: Blog, Consulting, Family Office, Outsourced Accounting, Tom Crotty|Tags: , , , , |Comments Off on Shifting from a Family Office to a Family Enterprise Mindset
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