Purchasing Software? The ABC’s of IFRS and FASB

Not familiar with Accounting for Software Leases under IFRS (International Financial Reporting Standard) 16 or Accounting for Subscription Software under FASB (Financial Accounting Standards Board) ACS 350-40? Don’t worry, you’re not alone. But, if your ...

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5 Tips to Better Engage Procurement in Your Enterprise Software Acquisition

Global IT spend runs into the hundreds of billions of dollars every year and keeps rising. Gartner Inc. recently revised its Q2 2017 forecast of worldwide dollar-valued IT spend by an additional 1% to a ...

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7 Cardinal Sins to Avoid When Purchasing Software

Technology solutions are complex and dynamic, involving a multitude of ownership options, pricing mechanisms and hosting platforms. Focus on the capabilities that are important to the growth of your enterprise, and avoid these seven cardinal ...

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Navigating the Financial Complexities Associated with Enterprise Software Acquisitions

Purchasing enterprise software today is a complex process that involves multiple stakeholders, from CTOs to CFOs. According to a recent Robert Half Management report, 41% of surveyed CFOs said staying current with changing technology is the greatest challenge ...

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IFRS 16, the new leasing standard

In January 2016, the IASB (International Accounting Standards Board) issued IFRS 16 (International Financial Reporting Standard) Leases which takes effect January 1, 2019. The purpose of IFRS 16 is to eliminate off-balance sheet financing and ...

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6 Evolving Market Trends in Enterprise Software

Trends in today’s enterprise software marketplace are rapidly changing. With huge leaps in functionality enterprise software boasts more features, greater functionality and increased usability than ever before. The driving force behind this evolution has been ...

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