It’s been one heck of a year for us here in the accounting department at Axcient! I thought I would share with you the tasks we’ve accomplished in the past 12 months and give you a heads up as to what’s on the horizon for 2012. First, a little bit of a recap…
In December of 2010, we began loading historical details into our new accounting system. We wanted the ability to run year-over-year comparison reports and the only way to do it right was to load the month-end balances for each balance sheet and P&L account. Not too bad…except we track costs by individual departments, which means you have to load each of those departments with month-ending numbers. And… we loaded all of those details for two full years (2009 and 2010). Did I mention that we did all of this while we continued to handle the regular day-to-day transactions? And, did I also mention that all of this work was done by a staff of three?
We went live on January 1, 2011 with a cloud-based financial management and accounting software, Intacct, and then four months later integrated the system with Salesforce. Did we stop there? No. In July we integrated an application for fixed asset management, then followed that up a few months later by adding a credit & collections application. Along the way we added a new team member to the accounting department and I even managed to squeeze in a three-day conference and a little vacation (you know… it’s all about the checks and balances!). Did I mention that I don’t sleep a lot? Kidding! Okay, maybe I’m not.
Looking ahead to 2012… there is still a lot of work to be done. We’ll continue to add new applications to the accounting system and improve the ones already in place. For us in accounting, it’s all about reliability, scalability, and flexibility. Actually, come to think of it, I believe I just described the Axcient solution!
Stay tuned for more Axcient blogs through the end of the year, but as for me, I’ll post again in 2012. I wish all of you a safe and happy holiday season!