Category: Technology
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Is It Time to Upgrade Your Accounting System—Or Are You Asking the Wrong Question?
Lately, I’ve been getting the same question from business owners and leadership teams: “What accounting system should we upgrade to—NetSuite, Great Plains, or something similar?” It’s a reasonable question—but it’s often the wrong one. The underlying assumption is that as a company grows, it must naturally “graduate” to a more sophisticated and expensive system. In…
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Conversing with ChatGPT
In the wake of the implosion of FTX, there has been a new emphasis placed on the value of a company’s finance and accounting departments. Entrepreneurs and business leaders alike become so enwrapped with growing their business and managing operations that they devalue the importance of accounting and finance. Just as high-profile examples of undervalued…