“Tally 9.0 has been dubbed the most advanced accounting software on the planet.” That claim is obviously more marketing spin than carefully researched fact, but it points to a trap that we so frequently fall into: comparing accounting software as …

The Most Advanced Accounting Software on the Planet Read more »

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“Overseeing and managing costs on the construction of a new facility with eight buildings is much too complex for traditional accounting software,” said Jerry Fye, deputy director of finance for the Austin Children’s Shelter, in a release. Foundation Software, a …

Specialized vs. Multipurpose Software Read more »

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Eliminate Manually Entered SpreadSheets Now!

From my earlier post, you know that Manually Entered SpreadSheets (“M.E.S.S.”) are my nemesis. Not only are they time consuming to create and maintain, but they are also difficult to audit. As anyone who has been through a Sarbanes-Oxley (Bill …

M.E.S.S. Revisited Read more »

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The Toronto Globe and Mail ran a story about Analytics, saying that a company’s statistics can be a powerful tool in the right hands. Harvey Schachter, the Globe’s “Monday Manager” quoted from Competing On Analytics, a Harvard Business School book …

Competitive Edge: Your Accounting System Read more »

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