2015
7 April

Incorporating Seamless Cloud Integration with Dynamics GP

The phrase integrated with Dynamics GP instills expectations of a smooth, automated experience. Unfortunately, we all know not all cloud integration is created equally.

Getting information into Dynamics GP happens in four main ways: enter it manually, import a flat file, invest in programmers for eConnect/BizTalk, or a truly automated web services integration.

Manual integration speaks for itself. Your team is manually keying data into Dynamics GP. Manual integration includes tremendous potential for human error, numerous man-hours and lots of paperwork. In the past, this was the only way to transfer information between GP and other systems. Thankfully, technology has improved since then!

Flat file integration allows you to upload a specifically-formatted file into Dynamics GP, which enables your team to spend fewer hours entering data, decreases human error, and improves the accuracy of the information transfer. Most GP integrated applications use this flat file method for transferring data. However, it’s still necessary to manually configure the source system to send information to GP intelligently (and sometimes not so intelligently when configuration errors occur).

Transferring information is a bit better using flat files without all the manual data entry, but the it’s still not ideal. eConnect/BizTalk from Microsoft is often used to integrate internal systems with GP, but a multitude of IT and programming resources are necessary to take that route.

The best solution is a true cloud-based web service integration!

2015
3 April

Hybrid Application Architecture and Integrations On the Rise

As more and more organizations make the transition to the Cloud, they are realizing the rise of a hybrid application architecture. A hybrid application architecture boasts a mix of application types with some key business applications residing in the cloud (public or private) and other applications remaining on-premise.

To effectively scale and enhance efficiency with such a hybrid architecture, all of your applications must communicate with each other, whether they are in the cloud or on-premise. If your on-premise ERP system isn’t integrated to your CRM Tool in the Cloud, which in turn, doesn’t communicate with your budgeting forecasting application, your team is forced to waste time working through error-prone manual processes to keep your data accurate.

Discover why integrating key applications is essential for strategic business leaders.

Learn about solutions the fit your business needs in the Armanino Solutions Marketplace.

2015
31 March

Future of Cloud Solutions and Integrations for CFOs

Armanino recently hosted a cloud solutions networking event, bringing together finance leaders in the  Silicon Valley to discuss the state of the cloud as they see it today and in the future. Held in the CalCPA offices in the Bay Area, speakers during the event included Armanino’s own, Matt Armanino and Dave Burlington.

Gain an insider’s perspective as Matt discusses CFO Advisory,  working alongside CFOs to drive best practices, and utilizing technology as a change-enabler for improving business process.

And hear about the future of cloud solutions and integrations as Dave and his team continually seek methods to implement better, faster, more durable, and better supported integrations.

Discover more on the state of the cloud and learn how to utilize cloud technologies to improve your business processes.

2015
19 March

Accounting Standard Update on an Entity’s Ability to Continue as a Going Concern

In August of 2014, the Public Company Accounting Oversight Board (PCAOB) released Accounting Standard Update (ASU) No. 2014-15 “Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern.” This update transfers some of the burden of going-concern evaluation from auditors to entity management.

Currently, under Generally Accepted Accounting Principles (GAAP), continuation of a reporting entity as a going concern is presumed unless the entity’s liquidation becomes imminent. GAAP and federal securities law require that an auditor evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern for a reasonable period of time, not to exceed one year beyond the date of the financial statements being audited. There is no guidance in GAAP about management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern or to provide related footnote disclosures. The amendments in this Update provide that guidance.

So, what has changed? When preparing financial statements for each annual and interim reporting period, an entity’s management should evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued.

2015
25 February

Adaptive Live 2015 Early Bird Deadline Almost Here!

Adaptive Live 2015 - LogoThis is the last week to secure early bird pricing at Adaptive Live 2015! Be sure to register by this Friday, February 27th to reserve your spot.

Whether you have attended in the past or you are a first-time attendee, Adaptive Live is a great opportunity to gain valuable insights into optimizing your Adaptive solutions. With dedicated training, informative sessions, and fantastic keynotes (Stephen Dubner, author of Freakonomics recently confirmed as the guest keynote), Adaptive Live is a can’t-miss event! Check out the full agenda, including opportunities for CPE credits.

Learn more about Adaptive Live 2015 and register by February 27th to lock in early bird pricing. We’re looking forward to seeing you at the Armanino booth during the conference!

Already registered? Be on the lookout for details on Armanino’s networking luncheon on April 22nd!

Learn more about Adaptive Insights with Armanino.

2015
11 February

3 Ways to Jumpstart Your Productivity in the Cloud

Have you transitioned to the cloud but still have a number of items on your to do list to increase your productivity in the cloud? If you said yes, then you are in good company. Here are three areas I recommend investing your time this year to maximize the benefits of going cloud.

Go Paperless
How long have we been hearing the words “going paperless”? When you subscribe to a cloud SaaS environment, not only is your data in the cloud, but also your digital documents are in the cloud. By maintaining a virtual file cabinet and attaching your documents to each transaction, you, your staff, your managers and even your auditors will have instant access to key transactional information from wherever you may be logging in.

Not only can you save transactional information like invoices, check copies and journal entry support, but you should also consider adding vendor W-9’s, customer contracts and import templates (see item number 3 below). If you really want to beef up your paperless transition you can use a cloud based document management system like Docassist that integrates with your cloud ERP, CRM and HRM.

Customize Your Dashboards
Dashboards can be a powerful way to communicate valuable information to the right person at the right time. They can also save you time if you frequently get requests for the same reports and information.

My recommendation is to build out custom dashboards templates based on different roles in your organization. Then, let your users decide how to customize them.

If you aren’t using a dashboard, you are missing out on:

  • Instant metrics – Set up key metrics like AR turnover, EBITDA or Gross Margin
  • Open transactions – see a list of unpaid bills, open PO’s, open AR
  • Approvals – Instantly see items that require your approval
  • Reports – Pick the reports that matter the most: cash balances, budget variances, customer and vendor balances
  • Links – Link out to frequently used websites

Putting in the time to build a strong dashboard puts valuable information at your fingertips and is well worth the time investment.

Jumpstart Your CSV Imports
CSV imports can be both a hassle and a time saver. If you are downloading a blank template every month to import key transactions, there is an easier way. I recommend, setting up a custom template for each key transaction.

For example, if you are importing your credit card transaction every month then think of creating a template in the following way:

  • Highlight columns – use different colors to reflect required versus might need to include.
  • Maximize copy and paste – arrange the columns on your import file to match the columns copied from your source file.
  • Include your own instructions – either in an unused row or as a separate tab.
  • Use Excel dropdown lists to bring in account or dimensional information if you send this out to other users to code.
  • Here is a link to learning more about CSV imports: Import or Export text (.txt or .csv) Files

Finally, take advantage of your ERP file storage and save your templates within your accounting system. This will allow you instant access to key templates and insure your staff are always using the right template.

These strategic investments in your time will go a long way to engaging users and saving you time in the long run.

Learn more about improving your productivity in the cloud with Intacct.

2015
5 February

Armanino Named Adaptive Insights Partner of the Year

Adaptive Insights Partner of the Year 2014

During the recent Adaptive Worldwide Partner Summit, Armanino was announced as the 2014 Adaptive Insights Partner of the Year. We are very proud to be awarded this honor from among Adaptive’s 200+ channel partners. The award is chosen based on excellence in customer satisfaction, implementation, and cloud evangelism. Armanino’s certified development and implementation team has deployed Adaptive software to companies on six continents, proving the agility of this cloud solution for budgeting, reporting, consolidation, and business intelligence.

“We are honored to be the recipient of the Adaptive Insights Partner of the Year award,” said Matt Armanino, Chief Operating Officer and Partner at Armanino. “As a leading advisor to CFO organizations, we are proud to be the largest partner of Adaptive Insights, a company that leads the field in growth and cloud solutions for finance. We look forward to continuing to work with Adaptive in the evolution of CFOs and the office of finance to strategic leadership for the business by providing cloud strategy, implementation and integration services to clients across the globe.”

As noted by Cory Close, CFO of T&D Solutions, “Armanino has been extremely helpful in evolving our Adaptive Insights platform. The team has offered pragmatic suggestions and implemented them efficiently.”

We’re thrilled to continue working alongside Adaptive Insights to empower our clients to surpass their strategic business goals.

Learn more about partnering with Armanino for Adaptive Insights.

2015
26 January

Scott Schimberg Named to Armanino Partnership

Scott Schimberg, Partner, ArmaninoScott Schimberg was recently named to the partnership team at Armanino. With over 20 years of accounting experience including Controller and VP positions, Scott is perfectly equipped to join the leadership at Armanino.

Andy Armanino, managing partner at Armanino noted of the partner additions, “Each of them possesses a passion for serving our clients and acting as leaders in the firm by ensuring top-of-the-line quality client solutions and preparing our staff through guidance and mentoring.”

As the leader of Armanino’s Intacct team, Scott is no exception. Learn more about Scott Schimberg and the rest of the Armanino leadership team.

Read the full announcement from Nasdaq GlobeNewswire on the newest additions to the Armanino partnership team.