As employees embrace a new, flexible way of working, cyber security concerns continue to rise across the globe. Since the start of COVID-19, the FBI reported a 300% increase in cyber crime. According to the UK government 46% of businesses have faced a cyber breach in the last 12 months. It’s never been more important […]
Resource Category: Blogs & Articles
How to standardize your credit union’s operations for scalable growth
For an established credit union, you know it’s challenging to go from status-quo to scale-up. As much as you want to set aside time to be more strategic and productive, emails keep coming into your inbox, and piles of documents keep stacking up on your desk. Before you know it, you’re back to doing things […]
Evaluating the implementation of a DMS for your credit union?
For credit unions evaluating the implementation of a document management system (DMS), one of the key considerations is the return on investment of making the decision. As with any technology investment, a DMS must provide greater value than its cost in order to be an asset for your institution. But how can you make the […]
How to deliver $30K in ROI from a Best-of-Breed Tech Stack
There’s nothing that can power up the profitability and overall performance of your practice like the ability to scale. Once you have a repeatable system in place, you’ll be able to easily scale your practice and bring in more team members which takes the burden off you. If you really want to skyrocket your ability […]
The Ultimate Best-of-Breed Tech Stack for a Thriving Accounting Firm
When it comes to adopting technologies, my #1 goal is to make sure they contribute to my revenue and profits. Each solution I incorporate into my tech stack serves a specific purpose and solves a particular workflow pain point. It adds dollars back to my bottom line. At my accounting firm, we handle lots of […]
ROI Reality Check: Are You Maximizing the Revenue Potential of Your Firm’s Tech Stack?
Can you believe that thousands of years ago, Socrates uttered the perfect phrase we should all use when evaluating your tech stack? It is: “You don’t know what you don’t know.” It’s true—with so many tech applications available, knowing whether you have the right ones is tough. And it’s even tougher to know if they’re […]
7 Steps to Build the A-Team for Your Next Tax Season
Your firm is only as strong as your weakest staff link. Now that your team can finally catch a break from the thick of the tax season, you should use this time to reflect the good and the bad from the past few months and take notes for a better season next year. In case […]
Simplify Your Credit Union’s Audit Trail and Examination Workflow with this Strategic Compliance Planning Checklist
The financial and operational impact of escalating regulatory requirements is being felt by credit unions across the country. Many are struggling to put plans and systems in place to meet these growing demands, which can exact high operational costs in addition to increasing the risks of fines, penalties, and other costs associated with non-compliance. This […]
6 Ways to Get Your Clients Ready for Making Tax Digital
As the UK government continues the Making Tax Digital roll out, how can you make the transition easier for both you and your clients? The soft-landing period for Making Tax Digital for VAT has now ended, but that’s only the beginning. From 2022 all VAT-registered businesses will need to keep digital records and submit VAT […]
How to Advance Your Credit Union’s Board Governance Processes
Board governance has always been a top-of-mind issue for executives at credit unions. Today, however, it is more critical than ever to make sure that your new board members are formally and effectively onboarded, and your existing board members have access to key information using efficient and secure systems. A cloud-based document management system can […]
How a cloud-based document management system can improve the health of your CU
If you think about it, the sheer volume and sensitivity of data that flows through your credit union in the form of digital and paper-based documents on a daily basis is incredible. One simple account or loan transaction typically generates multiple files and documents, most of which must be secured, retained and shared in some […]
The Accountant’s Checklist to Save Time in 2022
Do you often feel strapped for time during busy seasons? While you can’t wave a magic wand that adds more hours to your day, you can improve your workflow and business practices to maximize your productivity at work. Here are six insanely simple yet effective tips for you to save time today and in the […]
The Ultimate Guide to Document Management Systems for Small & Medium Sized Business
As your business grows, so does the number of documents you handle on a daily basis. Before you know it, your files have sprawled and become something that needs active upkeep. Thanks to modern document management systems, this challenge is easily solvable, with many options readily available. In this guide, we’ll give you a high-level […]
Three strategies your credit union should use to reduce pandemic-era cybersecurity gaps
The pandemic has made identifying and reducing security gaps even more important for credit unions because COVID-19 has ushered in higher levels of fraud, identity theft and other cybercrimes which cybersecurity experts predict will continue to skyrocket. Many of these crimes can be prevented with the right approach to document management, ensuring that your credit […]
1099-NEC Preparation Made Easy in 6 Simple Steps
It’s 1099 season again, and with it, we have a new member to the 1099 family for 2020. Form 1099-MISC has had a baby! For so many years the bulk of the January rush to get Forms 1099 preparation done by January 31st has been to complete, send and file the Forms 1099-MISC, primarily using […]
Has Your 2021 Strategy Changed?
In this year of turmoil, unpredictability, uncertainty and worry, the idea of strategy for anything further than a month ahead may seem like a dim and distant memory. But now, more than ever before, strategy is critical to the success of your and your clients businesses. While I think we all appreciate that the need […]
Five QuickBooks Add-On Apps Your Small Business Can’t Live Without
The Power of Connected QuickBooks Add-On Services One of the biggest trends in business technology right now is the concept of “connected services”. By handpicking your own integrated suite of tools, you can leverage the power of total integration, so that everyone in your company has access to the files, reports, and data that they […]
5 ways to simplify cybersecurity compliance for your CU
The focus on cybersecurity by credit unions and regulatory bodies continues to grow in scope and complexity. Consider recent Economic & CU Monitor data that shows the percentage of National Credit Union Administration (NCUA) exams devoted to cybersecurity increased by nearly 10 percent between 2017 and 2018—a trend that continues in the current regulatory environment. […]
Choosing the Best Document Management Solution for Your Small Business
The idea of having a document management strategy has become an important part of operations for small businesses. Selecting the right solution is critical because it can be integral to the internal workflow and operations of a business—providing everything from the structure to organize and secure documents digitally, the ability to improve the customer experience […]
Countdown to the Cloud: A Comprehensive 30-Day Business Continuity Planning Guide for SMBs
As with any key organizational initiative, putting a full business continuity plan in place for your business takes perseverance. Once you make the decision to do it, however, you’ll need to consider how to implement the critical operational components such as integrating a comprehensive cloud-based business continuity tech stack into your firm or small business. […]