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Peerview Data Insights

A Big Data, Analytics And Benchmarking Quote To Keep In Mind For Q4


 
Topics: Small Business Analytics big data Benchmarking Accounting Trends

How Much Financial Data Should Private Companies Share With Employees?

A good read from Entrepreneur lays out some of the benefits private companies get when they share financials with employees.
 
Key quote:
 
"When employees see the financial ramifications of their role and their work, those revelations minimize unintentional actions that undermine business goal."
The article also includes some  essentials to consideration in order to make this kind of transparency work, including the need for employees to have some basic financial literacy so they understand the numbers they're seeing.
 
(Full disclosure: Some of our clients use our app to make financials available to their employees in a safe, secure, easy-to-understand way.)
 
Topics: Small Business Analytics big data Benchmarking Accounting Trends

Five Additional Services Every CPA Should Offer

Big Data, Cloud-computing and A.I. are reshaping the accounting industry, but is this a threat or an opportunity?

Our perspective, as a company that works with lots of CPAs, is that the future is bleak for firms that can't change and bright for firms that can.

Why?

Because CPAs already have the skills they need to leverage this disruption.

The following infographic, based on a meta-analysis of surveys, studies, research and observations, breaks out five additional services that can help CPAs future-proof their practice.

Topics: Business Performance Small Business Business Intelligence Analytics big data Benchmarking CPAs Accounting Trends

When It Comes To Data-Driven Analysis, Your CPA Is Your Secret Weapon

Companies are generating more performance data than ever before but a lot of them are still trying to figure out what to do with it.

Some don't know how to get started. Some don't know where to get started.

One simple resource to turn to is your CPA.

This short presentation lays out the reasons why and how your CPA can help you reap the gains of becoming a data-driven company: higher profits, faster growth, increased productivity.

Topics: Business Performance Small Business Business Intelligence Analytics big data Benchmarking CPAs Accounting Trends

Big Data Analytics Adoption Rates By Industry

Companies are generating more data than ever before but how many of them are doing anything with it?

Topics: Business Performance Small Business Business Intelligence Analytics big data Benchmarking CPAs Accounting Trends

How Benchmarking Keeps You What Jeff Bezos Calls a "Day 1" Company

 Jeff Bezos's annual letter to shareholders is getting a lot of buzz because it underscores Amazon's fanatical devotion to continuous, intentional improvement,  which he shorthands as being a "Day 1" company.

Why does he call it "Day 1?"

Topics: Business Performance Small Business Business Intelligence Analytics big data Benchmarking CPAs Accounting Trends Jeff Bezos

Why You Should Share More Of Your Business Data With Your CPA

Most of us think of our CPA as somebody who just does taxes, bookkeeping and audits, but they're actually in a unique position to help just about any company optimize it’s performance.

How?

By combining data-driven analysis with experience-driven insights.

Topics: Business Performance Small Business Business Intelligence Analytics big data Benchmarking CPAs Accounting Trends

Whitepaper: Comparative Analysis & Benchmarking for Accounting Firms

Click to download:

Topics: Money People Customers Planning & Forecasting Competitive Analytics KPIs Business Performance Small Business

Business Infographics: Invoice Factoring 101

Original Source: Is Invoice Factoring Right for You?

Topics: Money People Customers Planning & Forecasting Competitive Analytics KPIs Business Performance Small Business

How much are you owed? How much will that cost you?

One of the more interesting things our Comparative Analysis & Benchmarking Tool looks at is Accounts Payable Days and Accounts Receivable Days  — how long it takes a company to pay and get paid compared to its competitors.

Topics: Money People Customers Planning & Forecasting Competitive Analytics KPIs Business Performance Small Business