Resource Group Blog 
Read The Resource Group blog to learn about Microsoft Dynamics GP ERP software and Intacct cloud accounting software
Sage Intacct has announced the feature improvements for the R3 2019 software update scheduled for roll-out by end of the day, Friday, August 23. R3 2019 enables customers to transform the way they think and work by delivering product innovations across 3 major themes.
In a recent webinar hosted by Marty Schillaci, the CEO of The Resource Group, we conducted a poll to ask viewers about the length of their average monthly close cycle. Seventy-one percent responded that their close cycle takes an average of 10 days or longer. This is a common problem for businesses who might be overdue for upgrading their legacy ERP system to a more scalable cloud-based solution. Does your company require a week or more to complete the close cycle? If so, would closing the books faster benefit your organization?
Is your current legacy ERP system reducing your business's potential by scaring off talented younger workers? According to Inc. magazine, by 2020 millennials will make up 50% of the American workforce, and by 2025, millennials will comprise 75% of the global workforce. Economies and businesses are changing, and attracting and retaining new talent is key to sustainable growth for your business. So what’s all this have to do with your ERP solution?
Legacy on-premises ERP systems were originally designed 25-30 years ago, and they’re nearing their end of life. Microsoft Dynamics GP, for example, is 30 years old. Business strategies and needs have changed a lot in the past three decades, and what was once innovative is now often inadequate.
CFOs of asset management firms, including both single and multi-family offices, need to manage the organization’s assets to ensure operational efficiency and maximize investment resources. Understanding both your operational finances and your investment mix is key to successfully driving growth for the firm’s portfolio. Whether you’re making decisions about staffing or considering long-term investment strategies, it’s important to have an accurate, detailed understanding of key metrics. With a Sage Intacct dashboard customized for financial services CFOs, you can access important data from anywhere on any device, and understand it in a glance.
