by Kevin Lalor | Nov 13, 2013
Want better financial visibility? A free, 14-day trial of NetSuite can get you started on the path toward having a complete version of your financial truth Start your trial For the past two days, we have discussed some accounting perspectives that software companies...
by Kevin Lalor | Nov 12, 2013
As we noted yesterday, many software companies are recognizing the value in the software as a service or SaaS business model. Some of the advantages of this model include steady and consistent cash flow, the ability to keep all customers on the same version, and the...
by Kevin Lalor | Nov 11, 2013
For software companies that are still in the start-up phase, you may be considering the best way to sell your product. The first option to consider would be a perpetual license model. Under this arrangement, the customer is provided with a license and the software....
by Kevin Lalor | Oct 31, 2013
Happy Halloween! Today’s post focuses on something scary – The changing business conditions of software companies. These changes include regulatory adjustments such as FASB software revenue recognition or financial compliance rules such as Sarbanes-Oxley. There are...
by Kevin Lalor | Oct 30, 2013
In military theory, operational mobility refers to the “…method of managing movement of forces by strategic commanders from the staging area to their Tactical Area of Responsibility.” In non-military terms, operational mobility refers to providing support to...
by Kevin Lalor | Oct 29, 2013
The first of the month is a busy time for the accounting departments, and is usually referred to as month end close. In theory, the month end close process should be simple and straightforward. In general, it consists of calculating revenue and expenses, identifying...
