GRF Financial Foresight

Insights from the team on the GRF blog

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Accounting Technology | Businesses and Individuals, Nonprofits and Associations

Sage Intacct Financial Planning & Analysis

By Luis Rivera Financial Planning & Analysis (FP&A) plays a vital part in an organization’s ability to create accurate budgets and forecast trends. Companies remain consistently valuable and profitable with meticulous attention to financial planning and cash flow management. Many companies recognize the need FP&A, but have not been able to fully integrate this function…

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Accounting Technology | Businesses and Individuals, Nonprofits and Associations

5 Checklist Items for a More Effective Month End Process

By: Luis Rivera The end of the fiscal year is the most important closing period for most companies. To make this process smooth and efficient, organizations should have a well-planned month-end closing process in place. If done correctly, these closings can help your organization stay in good financial standing, as they allow you to track…

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Accounting Technology | Businesses and Individuals, Nonprofits and Associations

Accounting Technology Tips and Tricks: Sage Intacct’s Collaborate

By: Luis Rivera Sage Intacct’s Collaborate is a tool already included within a Sage Intacct subscription. It allows you to share information and capture internal conversations within a record or transaction, so you can stay up to date in real-time. No more waiting on e-mail responses or sifting through your email history just to find…

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Tax Planning and Preparation | Businesses and Individuals

Tips for Easier Tax Filing in 2022

By Jennifer Galstad-Lee | Senior Manager, Tax The U.S. tax filing season is officially underway! The IRS has started accepting and processing income tax returns for the 2021 tax-year as of Monday, January 24, 2022. Filing Basics for Individuals Remember that most income is taxable. Be sure to keep records for income items, including: Forms…

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Audit and Assurance | Businesses and Individuals, Government Contractors, International NGOs, Nonprofits and Associations

Preparing for an Audit Made Easier with Financial Compilations and Reviews

By: Steven Lyons, CPA | Senior Manager, Outsourced Accounting and Advisory Services  In addition to providing a more cost-effective alternative to a financial statement audit, compilations and reviews offer businesses and nonprofit organizations a number of important advantages. Perhaps most important, compilations and reviews help your organization prepare for a future financial audit because they…

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Cybersecurity, Enterprise Risk Management | Businesses and Individuals, Government Contractors, International NGOs, Nonprofits and Associations

DNS Health: Ensure your organizations’ identity is protected

GRF Cybersecurity Risk Assessment and Scorecard Blog Series     Your organization’s domain name (e.g. “example.com”) serves as the base of operations for your online identity – helping interested parties to find you and connect with you online. However, the underlying machine language of the internet is based on numbers. Every site on the internet has…

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Cybersecurity, Enterprise Risk Management | Businesses and Individuals, Government Contractors, International NGOs, Nonprofits and Associations

Network Security: Building Resiliency

GRF Cybersecurity Risk Assessment and Scorecard Blog Series     It’s not just about disruption or inconvenience. A compromised technology incident can have a detrimental impact on your organization’s processes, mission, and reputation. A review of your external network security risk should include looking at any risk that is related to your perimeter network – or…

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Cybersecurity, Enterprise Risk Management | Businesses and Individuals, Government Contractors, International NGOs, Nonprofits and Associations

DDoS Resiliency: Protecting Against the Attack of the Robots

GRF Cybersecurity Risk Assessment and Scorecard Blog Series     Your website is essential for promoting your nonprofit organization’s mission. However, bad actors often target nonprofit websites for attack, assuming they are not as protected as commercial sites. One hacker strategy is to bring the site down entirely through a denial of service attack. That’s where…

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Cybersecurity, Enterprise Risk Management | Businesses and Individuals, Government Contractors, International NGOs, Nonprofits and Associations

Email Security: Don’t let attackers in through the front door

GRF Cybersecurity Risk Assessment and Scorecard Blog Series     Your email is a critical business function that needs to be constantly available and secured. Securing your email systems involves looking at the configuration of your email server, your mail exchange (MX) records, and SMTP (Simple Mail Transfer Protocol) to identify any potential vulnerabilities or misconfigurations….

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Cybersecurity, Enterprise Risk Management | Businesses and Individuals, Government Contractors, International NGOs, Nonprofits and Associations

Attack Surface: Are all your systems’ access points secure?

GRF Cybersecurity Risk Assessment and Scorecard Blog Series     Anything freely available on the internet and open to users can be a point of attack for a malicious actor. To prevent unauthorized access to your network and systems, it’s crucial to understand the vulnerabilities of your network. The term “attack surface” refers to the total…

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