By Jennifer Galstad-Lee, Senior Manager, Tax Services Small business owners have double-duty during tax season – preparing and filing their own taxes as well as taxes for their small business. With so many demands on their time already, tax season can be cause for dread, but advance planning and organization can make life a little…
Does your organization know all the third-party vendors who access and manage data on your behalf? In the event of a disaster, any gaps in responsibilities, security, and communications prolong the outage of business operations, so it’s better to identify and eliminate these gaps now before a disaster happens.
Developing and maintaining a third party risk management (TPRM) program can help to reduce the overall risk to your organization. What is TPRM? In short, it is the process of analyzing and mitigating risks associated with working relationships with outside entities. These parties can include everyone from contractors providing janitorial services to suppliers of a…
Cybersecurity is always changing and evolving as threats grow. Here are ideas that you can start on today that will help reduce your risk and improve your cybersecurity posture: 1. Require Multi-Factor Authentication Having multi-factor authentication (MFA) is essential for granting access to confidential data. It helps to reduce the risk of credential loss and…
By Jim Norton, CPA, Principal, Accounting Technology Solutions It all starts to sound like alphabet soup after a while, but modern organizations are increasingly dependent upon cloud technology to get things done. In fact, remote work demands that data reside in the cloud so that work can be done anywhere and at any time. Over…
This premier annual conference provides education and supplier diversity networking for small businesses. This year’s event was held at the Hyatt Regency New Orleans from February 13 through 15 and was sold-out. Clearly, many small businesses are ready to travel again for in-person events! In addition to making introductions to federal agencies and prime contractors,…
In early March, Silicon Valley Bank (SVB) and Signature Bank unexpectedly collapsed. They became the second and third largest bank failures in U.S. history, respectively. The largest collapse involved Washington Mutual in 2008, precipitating the Great Recession. (See “Two Banks Collapse in One Week” at right.)
Sage Intacct is a flexible and configurable accounting software solution is built on a true cloud configuration, so you can access Enterprise Resource Planning software over the intranet. Sage Intacct brings robust technology infrastructure to any organization, making it easy to share data and integrate with best-of-breed solutions without the sky-high IT costs.
Budgeting and Planning Solutions that Replace Excel
By CTCPA Advisory Council Chair Jim Norton This article was printed in the Summer 2022 issue of Connecticut CPA Magazine Go to most midsize or above business software pages right now and keep track of how many times they talk about “outgrowing Excel” and the urgent need to replace Excel. In reality, try as we…