Even today, despite the automation of most accounting processes, fixed assets management is a complex, time-consuming accounting function that typically suffers from an extremely high level of manual effort.
Our survey shows that organizations continue to rely on these high-effort, high-risk manual processes to manage fixed assets tax data, calculate federal and state depreciation, reconcile depreciation with the general ledger, manage repair expenses, and report on fixed assets
As business owners and the local faces of a national brand, Schwab franchise owners are uniquely positioned to make an impact in their communities. If as a financial advisor you can’t offer the solutions that are best for your clients, you may start to feel disconnected from the people and community you serve. Download your free copy of this essential resource today and learn how a client-first philosophy and ecosystem of support can help you align with your clients’ best interests, scale your business and work towards your own growth goals. You will gain insights on: • The advantages of owning a Schwab franchise and real-life stories from franchise owners. • Making a positive impact in your local community and serving a broad client base. • How Schwab’s support system can help you deepen client relationships and pursue new business opportunities. This advertising, and the franchise sales information within it, is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for informational purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of one of these states, or if you wish to operate a franchise in one of these states, we will not offer you a franchise unless and until we have complied with any applicable pre-sale registration and disclosure requirements in that state. 3000 Schwab Way Westlake, TX 76262-8104 (1-877-656-1911) MN Franchise Registration Number: F-6699 © 2023 Charles Schwab & Co., Inc. (“Schwab“). All rights reserved. Member SIPC (1223-34HW) (12/23) Download Now
TurboLab is a revolutionary approach to software development that helps companies reduce costs, increase productivity, and improve response times. How can you reduce the cost of investing in software development and improve response time? The percentage of software that does not belong to the core business of a company can vary significantly depending on the company and the industry in which it operates. However, overall, it is estimated that approximately 80% of the software used in a company is not directly related to its core business; that is, it belongs to peripheral or satellite developments. This secondary software includes enterprise productivity software, such as accounting software, project management software, human resources software, customer service software, marketing and advertising software, and administrative software, among others. In a company, it is essential that software development efforts and resources be focused on the core business. However, frequently businesses need to invest in systems that are not core-business systems and have low return on investments due to high development costs. Additionally, IT departments are often overwhelmed by the requirements and requests of all sides of the company, making it difficult for the departments to address satellite projects. Sometimes, certain areas of the company cannot be automated due to high development costs or lack of trained developers. That’s why at Vates we have created the TurboLab. This innovative approach provides software solutions that quickly adapt to changes in the business and focus on addressing NON-CORE applications. This application allows your company to reserve the best resources for your core applications and reduce development costs to address all secondary applications. For the development of TurboLab, we have based ourselves on the concepts of Software Product Line (SPL), Product Line Architecture (PLA), and Stereotype-based Management of Variability (SMmarty) that have reported reductions in development times of 30% to 50%. In conclusion, TurboLab is a unique and innovative solution that addresses the common challenge of investing in non-core software development and achieving a high return on investment. With TurboLab, you can reduce costs, increase productivity, and focus your best resources on your core business applications. Our team has successfully implemented TurboLab based on our 11 key principles, which have been proven to deliver significant reductions in development time and costs. By focusing on building reusable code, having well-documented libraries of boilerplate code, minimizing waste, designing for simplicity and reusability, thinking like programmers, and utilizing agile methodologies, we have created a culture of productivity and efficiency that benefits our clients. If you have any questions or would like to learn more about how TurboLab can benefit your organization, please don’t hesitate to contact us at sales@vates.com. Thank you for your time and consideration. Download Now
As your business grows, your staffing needs inevitably evolve. That’s especially true when it comes to your finance team. At some point, you’ll need to go beyond basic day-to-day bookkeeping and gain the data-driven financial insights that are vital to running an effective operation and positioning your business to scale and thrive. Yet, most small-to-mid-sized businesses (SMBs) can’t justify the cost of an in-house senior finance professional, like a CFO. More and more of those businesses are opting to hire a fractional CFO instead. How do you determine the value and cost-benefit of hiring a fractional CFO rather than a full-time internal employee? This guide can help you make that determination. Download Now
