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Perspectives
Insights and resources for finance transformation.
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Why Best-of-Breed vs. Best-of-Suite Can be a False Choice?
Having spent most of my career in business software, I’ve found the discussion between Best-of-Breed vs. Best-of-Suite to be lacking some nuance - is it always one way or the other? The reality is companies are always selecting shades of both, depending on the phase of the company, the specific business processes they’re addressing, and the breadth and depth of solutions in the market.
Why Subscription Businesses Face a New Technical and Economic Reality
The technology and economy today looks nothing like it did 20 years ago especially for subscription-based businesses. The evolution of software delivery and monetization models has brought new levels of complexity, demanding a fundamentally different operational and financial approach.
Why subscription businesses have to rethink ERP
Something big is happening at Everest. We’ve released new products, onboarded more customers than ever, and enabled them to run faster and leaner. The most common thing we hear from new prospects? “Why haven’t we heard of you before?” and “Why is my current application so expensive?” and “they seem to be increasing prices but giving me fewer capabilities at renewal?”
The Role of AI Agents in the Future of ERP Systems: Revolutionizing App Development
Satya Nadella recently stirred the tech world with his prediction that SaaS applications, as we know them, may soon become obsolete. He suggested that AI agents could replace the business logic traditionally coded into these applications, reducing the complexity of querying databases and interacting with business systems.
Generative ERP: The Future of Business Applications
Over 70% of organizations are accelerating their AI adoption, but most struggle to maintain intent, compliance, maintainability, and auditability. This is where Generative ERP shines, offering a new approach to building and managing business applications quickly without losing control.
Transparency in Transformation: How Everest Sheds Light on Global ERP Accounting
A common refrain that I’ve heard from customers and accountants in the field is that the workings of their ERP are a bit of a mystery to them. Why did the unrealized gain/loss fluctuate so much from last quarter?
Ditch the Manual Work: Automate Flux Analysis
It’s business day 5 of month 3 in the quarter. I’m down a Senior Accountant, but the show must go on—books must be closed. My team is scrambling to book the final entries, racing to meet tonight’s 10 p.m. deadline. Amid this chaos, one thing I’ve always relied on during month-end close is fluxes: Did we book everything? Did we book it correctly? Does anything look unusual?
Transforming ERP Systems from Static Records to Dynamic Innovations Using Live Sandboxing Technology
Enterprise Resource Planning (ERP) systems have long been regarded as the heart of business operations, ensuring stability, regulatory compliance, and accurate data capture across organizations. Traditionally, these systems have served as systems of record: rigid, heavily controlled, and largely unchanging
The New Cost Landscape for SaaS Companies: Why Many ERPs Fall Short and What Needs to Change
ERP (Enterprise Resource Planning) systems help businesses manage and integrate their core processes, such as finance, supply chain, and human resources. These systems have been around for decades, primarily designed for traditional manufacturing companies. They emphasized physical products, tangible costs, and revenue recognized when goods changed hands.
Embedded SaaS Metrics Dashboards: A New Standard in ERP for Subscription-Based Businesses
In the SaaS industry, data isn’t just valuable; it’s essential. Metrics like Monthly Recurring Revenue (MRR), Customer Acquisition Cost (CAC), Customer Lifetime Value (CLTV), churn rates, and other key performance indicators drive critical decision-making and reflect the overall health of the business.
Evolving Roles: Why Accountants Are Shifting Away from Tradition
Accounting has long been considered a stable, well-respected profession that offers job security and financial rewards, which is one of the reasons why I chose accounting. Yet, a surprising trend is emerging: many accountants are leaving traditional accounting roles, seeking new career paths and alternative ways to use their skills.
Sales and Finance: From Friction to Fusion with Everest
The relationship between sales and finance has often been a balancing act, with both sides navigating different priorities to achieve shared goals. Sales teams drive to close deals quickly, introducing complex terms that require manual processes, while accountants work to ensure compliance, profitability, and accurate forecasts.
Everest ERP: Versioning at Its Core
Today, I want to highlight another foundational aspect of our platform: versioning. This feature is not just an add-on; it’s embedded deeply into every layer of Everest ERP, ensuring that every modification, from the simplest table entry to the most complex business process, is tracked and managed with precision.
The Right Balance: How Much Business Intelligence Should an ERP System Include?
The debate over how much Business Intelligence (BI) functionality should be embedded within an ERP system is far from new, yet it remains as relevant as ever. ERP systems serve as the central engine of business operations, generating a wide variety of data: financials, HR, logistics, and more.
Taming the SaaS Chaos: Why You Need a Sales Arrangement
Ever feel like you're drowning in a sea of spreadsheets? Are you desperately trying to make sense of your customer contracts? You're not alone! Many accounting teams struggle to get a clear picture of Total Contract Value (TCV), especially with complex SaaS contracts.
