Yearly Archives: 2018

How to Monitor Project Profitability with Q360

Posted on November 26, 2018 in Blog ,Improve Profitability ,Q360 by

In this edition of Clear Talk, Tofiq Indawala shows us how to monitor project profitability in Q360. First of all, who needs to look at project profitability data? Typically, the accounting team, executives, as well as the sales team and account managers need to tap into projects and check their progress along the way. But, the most frequent users of this data are project managers, who have to control the project from a cost perspective and make sure everything stays on track financially. All access […]

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A Fresh Look at Your Accounting

Posted on November 5, 2018 in Around the Web ,Improve Financial Management by

Why you may (or may not) need to hire a new CFO / Accountant A blog entry based upon The AV Profession podcast with Tim Albright and guest David McNutt from Navigate Management Consulting When we go into an organization to conduct an assessment, more times than not I end up saying, ‘You might need a new Accountant.’  Now I’m not necessarily talking about replacing someone, but I am talking about a fresh new look at how you think about and go about conducting the accounting in your […]

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VTI Security Controller Talks about the Ease of Year End with Q360

Posted on September 17, 2018 in Blog ,Customer Success Stories ,Q360 by

VTI Security has been using Q360 for just over one year. Prior to that, the company had been using Dynamics Great Plains for roughly 20 years. According to LInda Larish, Controller at VTI Security, with Great Plains, the month-end process typically took 15-20 days before they got a financial out. In Q360, this process has been reduced to eight days to the point where they are closed and everything is complete. Balancing the AR and AP and all the sub-ledgers are done the first day […]

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Case Study: How Solutions360 helps SVT make better business decisions

Posted on June 28, 2017 in Blog ,Customer Success Stories by

Roman Burchart remembers the days when project costing at SVT was time-consuming and rife with tedium and murkiness. “We had very limited visibility into our actual project costing,” says Burchart, the Chief Operating

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Are you terrified of implementing new software in your business?

Posted on November 28, 2012 in Blog ,Business Process Improvement ,Change Management by

Implementing New Software or a Root Canal? If you asked a technology integration business owner whether they would rather have a root canal performed or implement new software in their business, they’d likely opt for the root canal. The thought of reviewing options and then literally, turning operations on its ear to put in a new system is overwhelming at best; fraught with risk at worst. Many business owners will agree that the point of reviewing operations to see what can be streamlined and improved […]

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Gaining an Edge: Don’t Tolerate Slow Financial Processes

Posted on July 13, 2012 in Blog ,Improve Profitability ,Q360 by

++Referenced from Big Fat Finance Blog++ Mary Driscoll December 20th, 2010 The never-ending pursuit of cost reduction in financial management operations is all well and good — but do not overlook the negative impacts of slow process cycle times. APQC research conducted during the fourth quarter of 2010 points to renewed enthusiasm among CFOs and controllers for investing in financial process improvement, with another round of cost elimination being the primary goal. Particularly in the area of accounts payable, we see large organizations taking steps […]

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