In today’s digital age, the role of accountants has evolved significantly. With the increasing complexity of financial operations, accountants need to have powerful tools at their disposal. One such tool that has gained immense popularity among accountants is NetSuite. But do accountants use NetSuite? In this article, we will explore how accountants leverage NetSuite and […]
Let’s face it; while most accountants may disagree on a wide range of issues, they generally concur on one intimidating concept: the month-end closure. According to a survey, 82% of accountants believe that doing a month-end closure exercise is one of the most dreadful experiences in the accounting field. Well, from such a distinguished career, […]
The days of going to a bank to deposit money or checks into an account are long gone. Nowadays, everything is done online, especially when it comes to financial transactions. Just consider how challenging it would be for a business with offices worldwide to manage costs, invoices, and revenue physically! EFTs are helpful in situations […]
Technology companies introduced the first accounting software over 45 years ago, and it has continually evolved how accountants do their work. Paper ledgers and the basic tools that let bookkeepers crunch numbers were supplanted by computer-based systems. With the innovation and advancement of cloud-based accounting solutions, accounting software made another big step forward. Like […]
Typically, EBITDA is defined as a profitability statistic, but that is often misleading because a company might have a net loss while still having a positive EBITDA. Therefore, EBITDA can be defined as a performance metric. When comparing the financial performance of companies in different industries with different capitalization structures and different tax countries, EBITDA […]
As a NetSuite ERP-focused agency, the Seibert Consulting Group works with a number of public and private-sector organizations on their accounting using the Oracle | NetSuite suite of financial management programs. Many of these companies, as part of an equity investment firm’s holding corporation, are continuously using our software customizations, custom reports and executive dashboards […]
