For Software Companies, ASC 606 Brings Change, Guesswork

For Software Companies, ASC 606 Brings Change, Guesswork

The current GAAP standards for cloud and SaaS software companies, SOP 97-2 and ASC 985, will soon be obsoleted in favor of ASC 606, which is the new gold standard for revenue recognition. ASC 606 does simplify and streamline a number of revenue recognition...
Cloud Storage Services: Which Is Right for You?

Cloud Storage Services: Which Is Right for You?

Many individuals or businesses  have cloud-based backups, or already use the cloud for something like email and chat. Almost no one hosts their own website via an on-premises server, and it’s a safer bet to let a data center keep important customer information secure....
What is a Managed Service Provider, After All?

What is a Managed Service Provider, After All?

We evangelize about being a managed service provider (MSP), but we’ve noticed that some people are still a little confused about what that means, and how an MSP could help their. Essentially, a managed service provider remote manages a customer’s IT infrastructure...