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The 7 Irresistible Qualities of Cloud ERP
Learn why ERP tools are an critical component for many businesses.
Why a Business Continuity Plan is Essential
Learn why your company needs a business continuity plan.
Ransomware 101
If you’re looking for ways to stop ransomware dead in its tracks, the experts at CCS Technology are here to help.
How managed services make the difference
Learn more about the benefits of partnering with a managed services provider.
Cloud Services and the SMB Revolution
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Office 365 Migration Made Easy
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The Advantages of Working with I.T. Pros
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Learn several critical cybersecurity tips and tricks any SMB can use.
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Why Every Finance Executive Needs Cloud ERP
/in Blog /by lindsayIt would be an understatement to say that finance executives have a lot of responsibilities. If you’re in charge of overseeing your company’s accounting operations, you need an ERP platform that supports accurate reporting, budgeting, auditing and tax compliance along with financial forecasting and bank account management. Tracking finances across an organization requires strong analytical capabilities, which are supported by the latest cloud ERPs like Acumatica.
Acumatica Financial Management is a full-featured accounting suite that addresses the most complex requirements for companies of all sizes. Plus, it integrates with Project Accounting, Customer Resource Management (CRM), Manufacturing Management, and other product suites offered by Acumatica. Here are some other compelling reasons why finance executives need cloud ERP to run their company’s accounting and finance operations:
More Informed Decision Making
Finance and accounting processes/systems can be implemented across an organization, increasing the insights and analytical capabilities available to you. Complete reports and dashboards provide real-time views of performance and important trends. Data can be analyzed from a centralized location, improving business intelligence. At the same time, cloud ERP lets you monitor key performance indicators such as revenue goals, profitability goals, equity and throughput. You can run recurring reports such as accounts payables aging and days-cash as well as customized reports that feature data-intensive analysis and data visualization.
Accurate Financial Records
You can use the integrated CRM, accounting and operations modules of Acumatica to track all aspects of your business as they relate to finance and accounting. In addition to ensuring regulatory and audit compliance, Acumatica supports accounts payable/receivable, payroll management, project cost tracking and tax management. It even supports multi-currency transactions and can be implemented by multi- and international companies. If multiple companies or entities in your organization are using Acumatica, each one can have their own books. Yet, each entity’s accounting systems can be quickly integrated to provide a full overview of the business.
Streamlined Operations
A centralized financial management solution lets you make well-informed decisions with fewer errors, while being able to close the books faster during each reporting period. Changes are made in real time, regardless of where—and on what device—they are made. All shared information is up to date. This provides a complete audit trail and full visibility into business operations.
Exceptional Functionality
As a finance executive, you can use Acumatica’s General Ledger to view charts of accounts and manage allocations, assets and liabilities. Accounts Receivable lets you generate invoices, collect and apply payments and track commissions. With Accounts Payable, you can manage cash flow, pay suppliers faster and improve supplier relationships.
Acumatica also automates deferred revenue calculations and lets you apply a subscription model for customers that automates recurring billing, payments and collections. Fixed asset management lets you add fixed assets from AP purchases, import a file or add items individually. In addition, Acumatica supports pre-defined and custom depreciation schedules to let you manage a wide range of assets.
The Solution to Streamlined Financial Management
Acumatica is suited for anyone in charge of managing a company’s finances. Whether you’re a Treasurer, Bookkeeper, VP of Finance or a Chief Financial Officer, Acumatica Financial Management provides complete visibility and control across your entire business.
Contact us to learn more or see a demo of Acumatica for financial managers.
The Metrics That Mean You Need Managed Services
/in Blog, Managed Services /by lindsayThe time to consider managed services is when you realize you’re not getting the results you need by managing your IT yourself. How do you determine that? Assess yourself with these key metrics to determine whether managed services can help your business.
Infrastructure and Application Metrics
These metrics reflect the results you’re getting from your current infrastructure and your approach to support.
Project Metrics
The infrastructure and application metrics reference deployed infrastructure. New infrastructure and changes to existing infrastructure happen in the context of projects. You should assess how effectively your IT is performing those projects.
Human Resources Metrics
The IT work you can complete depends on how many IT resources you have, how skilled they are, and how long they stay with your business.
User Metrics
IT is ultimately in service of the business employees and customers who use your IT resources.
To learn more about managed services and how managed services can help you improve these metrics, contact CCS Technology Group.
Additional Managed Services Resources
5 Reasons Managed Services Are Good For Your Business
Whatever Your IT Problem, There’s a Managed Services Solution
6 Big Benefits from Using Managed Services
Don’t Let Ransomware Destroy the Backups You Need to Recover from Ransomware
/in Blog, Business Continuity, Security /by lindsayBackups are the primary means a business can use to recover from a ransomware attack. It’s no wonder, then, that many forms of ransomware now attempt to destroy any backup files they encounter. Protecting your backups against ransomware is an important part of your defensive strategy.
The Ransomware Threat Against Backups
Ransomware is a form of malware that encrypts system and data files with an unknown encryption key. This encryption makes the files unreadable by their owner. The only way to recover the data is to pay a ransom and receive the encryption key or restore the files from an unencrypted backup.
Some malware implementations attempt to recognize backups by file extensions and will delete those files. On Windows systems, ransomware can detect and delete shadow copies that support file recovery. Ransomware will also attempt to spread through the network, accessing mounted file systems containing backup, and encrypt those files as well. Ransomware may even be able to reach and corrupt backup files stored in the cloud.
Ways to Protect Backups Against Ransomware
The methods to protect backups against ransomware rely on making multiple copies of backups and taking steps to make them inaccessible to any ransomware.
Make Multiple Backups
It’s a good idea to use specialized third-party backup software rather than (or in addition to) built-in backup solutions. Ransomware can’t know how to target every vendor’s backup files.
Keep multiple versions of your backups. There are good reasons for this that have nothing to do with ransomware, but if your latest backup is encrypted, you can restore an older version of your files from before the ransomware attack.
Keep Backups Inaccessible to Ransomware
There are several ways to make backups inaccessible to ransomware:
Note that backing up to cloud does not make those backups inaccessible to ransomware, unless the only access to the backup is via an API rather than mounting the cloud as a drive.
Test Your Backups
It’s important to test your backup files periodically to verify that the data is complete and that you know how to access it and use it to restore your data. You should conduct a full disaster recovery test at least annually and continuously monitor your backup process and address any alerts or failures.
CCS Technology Group helps businesses implement comprehensive business continuity solutions to protect against ransomware and other causes of IT outages. Contact us to learn more about implementing a backup solution that protects your backups as well as your data.
Additional Ransomware Resources
Take These Steps to Avoid Expensive Ransomware Recovery Costs
Don’t Lose Your Files to Ransomware
Ransomware 101: Keeping Your Organization Safe