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skip to content about us search for: enterprise risk management software comparisons, insights and more about us freshbooks cloud accounting solution gets revamped. september 30, 2016 september 30, 2016 admin freshbooks , the small business accounting software designed for service-based small businesses and solo entrepreneurs, today announced the launch of an entirely rebuilt user interface (ui) designed to make managing invoices , clients and expenses faster and easier. the platform is also expanding its ecosystem of integrations and adding companies such as google, godaddy and apple. “the new freshbooks is designed to be the most ridiculously easy to use accounting software ever built — yet still packed with powerful features for self-employed professionals,” says mike mcderment, ceo and co-founder of freshbooks, in the announcement. “this isn’t innovation for innovation’s sake. this is about making it easier for self-employed professionals to succeed because it’s hard enough being out on your own serving your clients.” according to mcderment, who spoke with small business trends via skype, a year and a half ago the company took a hard look at the future and determined that if there was one thing that it could do differently, it would be to make the ui much easier for customers to use. the new design reflects that mindset. “we determined that the only way to get there was to go from the bottom up,” he said. “you can’t iterate your way to a design change like that. it demands a completely different user experience from top to bottom.” a look at the freshbooks redesign new freshbooks interface features freshbooks’ new interface includes the following features: redesigned dashboard. the new dashboard is designed to help self-employed professionals see at a glance how their business is doing. first, it shows a graphical representation of outstanding revenue, followed by a picture of profit, a review of expenses and other commonly-used reports (p&l, account aging, expense reporting, etc.). notifications center. a feature unique to this version is a notifications center, which acts like an assistant that keeps a record of any activity taking place on the platform since the last time a user logged in. click the bell icon to see the latest activity. reimagined invoices. “creating a freshbooks invoice is now simpler than typing in word and packed full of new benefits,” says the announcement. that includes options for customization (layout, color, logo, etc.), due dates and the ability to communicate with clients directly on an invoice. project management. a new simple to use project management tool allows teams to share files and communicate inside a single interface. time tracking. the time tracking component was completely redesigned to reflect a time of day orientation and show the hourly utilization rate more clearly. multiple business management. many self-employed people own more than one business. the new ui lets users switch from one to the other seamlessly, without having to log out and back in, something the older version did not accommodate. redesigned mobile apps. the new version also offers a mobile app for ios and android, to enable business owners to run things at anytime from anywhere. older features made more visible. the old interface prevented users from seeing all the available features, such as the ability to accept credit cards , send payment reminders and charge late fees. in fact, many customers did not know these features even existed, he said. the new interface makes such features more conspicuous. expanded integrations ecosystem freshbooks is also expanding its ecosystem of integrations to include major players such as google, godaddy and apple. “we’re expanding our network of partner integrations, launching with 14 partners today, and will be rapidly adding more as we continue to invest in our platform,” mcderment said in the announcement. “when your accounting data flows effortlessly between the apps you use every day … you end up spending less time on administrative tasks and more time serving your clients.” the new interface was beta tested with 1,000 of freshbooks customers. the company is conducting a gradual rollout so not everyone will have immediate access. users will also have the option to switch back to the older version if desired. uncategorized leave a comment managing risk with software an introduction to erm september 30, 2016 admin this is a fully integrated system that is applicable to credit risk, market risk, operational risk, liquidity and interest rate risk, hedge accounting risk, portfolio modeling, fund transfer pricing, etc. while costs are past expenses that can be easily determined, risks are future costs which organizations are potentially exposed to but there occurrence and resultant cost cannot be determined with certainty. occurrence of risks can result in untold costs to the firm. this therefore necessitates the use of this software to look out for risks. the risk management system is tasked with identifying and assessing the prevailing risk situation with an enterprise-wide view. together with a risk register that shows the risks drivers of an organization, their impact and probability of occurrence, this software provides a lasting solution to risk management. the system works by outlining clearly significant risks facing the firm and the most appropriate treatment measures aimed at mitigating the likelihood of materialization of those risks and their respective repercussion. this can be presented on graphs using charts or as a management report. the software integrates risk management tasks from various departments of the organization into an enterprise-wide view. for instance, the software may be integrated with control self-assessment that scrutinizes and ratifies controls to find out whether they are operating as per the set standards for optimal results. it could also be consolidated with issue manager that seeks to iron out differences that create a divergence between the organization’s actual performance and the stakeholders’ expectations. this allows for an enterprise view on risks which can be exhibited on several charts to show their correlation and appropriate mitigation measures. uncertainties are properly managed by ensuring that unforeseen risks are kept under control at all times. this could be achieved by avoidance of the risk or transferring the impact of the risk to a third party or maybe an insurance firm. this way the optimal organization goals are adequately protected. this would not have been possible without the risk assessment and risk treatment capabilities of the credible risk management system. however, this is not the end. it is of paramount importance that the risk management efforts are constantly monitored and reviewed. this way, pending treatments are executed on time while past assessments and treatments are surveyed to ensure their continued viability. the risk management system is able to communicate with the end users through alerts regarding assessments, treatments and reminders for expected treatments. the same information is relayed via email too. this is a unique characteristic of this system. besides, enterprise risk management is a corporate regulatory requirement. there is no questioning; this software gives you a chance to make responsible, informed and justifiable decisions with regard to risk management. luckily, this works for firms of all sizes and from all industries. for instance, proactive operational risk management procedures facilitate positive events and duly mitigate deplorable events. thus, the enterprise risk management system identifies, analyzes, monitors, responds to and mitigates risks in an enterprise wide view. this entails taking up risk management with the day to day operations of the organization for the desired results and hence unrivaled growth. uncategorized leave a comment enterprise risk management courses september 30,
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Domain Name: ENTERPRISERISKMANAGEMENTSOFTWARE.NET
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