Entries by Catherine Bernard

You are Not A Babysitter: The Age of Value-Added Finance Professionals

How do you conquer the age of FinTech or as Joe Woodard dubbed it: #theRiseoftheMachines ? Let’s start by debunking this insidious rumor. The rise of automation will leave finance professionals as babysitters of software. Can you think of a teacher, coach, professor, or boss that was a glorified babysitter? How much did you like […]

NEW BLOG SERIES: How to Conquer the Age of FinTech: Finding Your Niche, Mastering Solutions, Marketing Your Skills, and Taking on the IoT and the Cloud Subscription Frontier

  The ProRata team and I would like to welcome you to our newest blog series, “How to Conquer the Age of FinTech: Finding Your Niche, Mastering Solutions, Marketing Your Skills, and Taking on the IoT and the Cloud Subscription Frontier.” No matter the type of financial professional: CFO, corporate controller, a bookkeeper, fractional/freelance/full-time, etc; […]

Why Accountants are on Cloud Nine with Cloud Computing: Cloud Accounting and Automated Revenue Recognition

Do you ever wonder if people have over-hyped the benefits of cloud accounting solutions and the future of accounting?   Among the cited reasons for shifting to cloud accounting solutions are added functionality, mobile device access/ease of accessibility, co-working opportunities, scalability, sped up processing, quickly manipulated databases, automation features, and robust reporting.   Needless to […]

How-To Shift to Annual Based Subscriptions Without Driving Your Accounting Staff Up a Wall

The deferred revenue ‘problem:’ that issue that arises when you move away from monthly subscriptions, is now long gone thanks to automated revenue recognition solutions. With automated revenue recognition, the deferred revenue “problem” is similar to that annoying additional step to have sliced bread by actually cutting it up – 1928 we have sliced bread. […]