Seven Reports Rural Telecom CFOs Can Pull in Minutes

A CFO’s impact on the organization is governed by how efficiently they can accomplish key tasks and having the right tools to do so. One impediment to a CFO’s productivity is when the CEO asks for reporting that takes time to gather. Gathering the report could be time consuming because it’s data someone else on […]

How to set-up Affordable Care Act (1095-C) reporting in Dynamics AX 2012 and D365

As you prepare to wrap up the calendar year, you will need to create Form 1095-C for employees in accordance with the Affordable Care Act. This article will help you prepare those docs in Microsoft Dynamics AX 2012 R3, D365 and D365 For Talent. (The screenshots were taken in AX, but are nearly identical for […]

How to Set-up 1099s in Microsoft Dynamics AX or D365

It’s almost that time of the year, again. No, we’re not talking about the holidays. We’re talking about year-end tax prep. We’ve put together a process to help you set-up 1099’s in AX/D365, so they can be sent to vendors and to the IRS. As a reminder, the filing deadline is 1/31/18 for vendors and for the […]

How Telco Coops Get the Efficiency of a Fortune 500 company at 65% of the cost

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How Mid-Market Companies Can Afford High End Consulting Services

To understand how this is possible, it helps to probe a bit deeper and look into the unspoken benefits of an ERP implementation. Most companies know the impact of a modern ERP system. It can help you become more efficient. It can help you leverage data and knowledge that may otherwise be buried in one area of […]

How an ERP system that used to be out of reach for many companies is now affordable

First starters, how is this possible? The short answer is a Template Approach. It is an uber-efficient approach to ERP implementations that brings the benefits and efficiencies of a modern ERP system without the high barrier of entry – the large investment. However, a Template Approach is NOT for everyone. Here is a breakdown of the companies […]

Happy Holidays from ITK

Seven Reasons It Takes so Long to Close the Books

Do any of these seven reasons sound familiar? Reason #1: Manual Spreadsheets These are one of the more obvious and common speed bumps in the close process. Using spreadsheets is one of leading indicators of companies who are good candidates for improvement in the close process. Spreadsheets have evolved over the years but they have their […]

When it comes to Consolidations, 2 > 4

When you’re closing the books, data that is two weeks old is much more valuable than data that is four weeks old. This is an issue for many companies. In particular, companies with multiple currencies, have disparate ERP and other finance systems and are heavy users of manual spreadsheets. Here are the implications of taking […]

9 Things You Could Do if you Closed the Books 9 Days Early

  Consolidations are especially challenging for companies in these scenarios: Enter data manually via spreadsheets Disparate ERP & Financial Systems Multiple Currencies Multiple Countries 1) Provide Business Insights to Management (or the Board) Obviously data is valuable for disclosure, regulatory and budgeting reasons. But imagine if you had time once you closed the books to analyze […]