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Cohen & Co Enhances CFO Suite Efficiency with Software Certifications

Cohen & Co, recognized as one of USA Today's Most Recommended Tax and Accounting Firms, has recently achieved certification as an implementation partner for two prominent financial management software platforms: Sage Intacct and Workday Adaptive Planning. This development marks a significant step towards streamlining and optimizing the financial operations of firms across various sectors, particularly in the hospitality and property asset management industries.

The Power of Certification

Sage Intacct stands out as a cloud-based general ledger (GL) accounting and reporting solution that simplifies daily accounting tasks and boosts efficiencies across essential accounting processes. This software is designed to scale, making it a perfect fit for organizations anticipating future growth. By adopting Sage Intacct, clients can expect to see improved functionality and accessibility in their day-to-day financial management tasks.

On the other hand, Workday Adaptive Planning offers an innovative enterprise performance management (EPM) solution that aids organizations in sophisticated planning and forecasting efforts. This tool is essential for enhancing financial planning and analysis functionality, delivering comprehensive insights that allow businesses to proactively manage their operations. Together, these platforms afford Cohen & Co's clients a powerful combination of tools aimed at transforming their financial functions into more productive and insight-driven departments.

Tailored Approaches for Different Industries

John Cavalier, a partner and the head of Cohen & Co's Management Consulting Group, spoke about the firm’s adaptability in implementing various enterprise resource planning systems, GL accounting, and EPM applications. He pointed out that while there is no universal solution suited for every client—given the diverse industries that Cohen & Co serves—Sage Intacct and Workday Adaptive Planning have proven to be particularly beneficial for clients in the hospitality and property management realms.

Cavalier emphasized the importance of integrating these advanced tools with the firm’s advisory expertise, stating, "These tools coupled with our team's advisory capabilities have helped companies transform their finance function and unleash significant value for our clients. This transformation enables firms to scale efficiently while navigating demands for improved insights at a faster pace."

A Comprehensive Approach to Financial Management

One of the unique aspects of Cohen & Co's Management Consulting Group lies in its holistic approach—not merely focusing on technology implementation but also assessing the entire operating model encompassing processes, data, reporting, personnel, and controls. This comprehensive review enables clients to achieve greater efficiency, effectiveness, and innovation.

Cavalier articulated the group's mission: "Our goal is to remain focused on the full spectrum of what a business requires to thrive, maximizing return on investment and the time it takes to realize value."

About Cohen & Co

Founded in 1977, Cohen & Co has established a strong reputation as a trusted provider of assurance, tax, and advisory services across the U.S. and globally. Recognized for excellence—named by USA Today as one of America's Most Recommended Tax and Accounting Firms and selected as one of the Best of the Best Firms by INSIDE Public Accounting—the firm serves a diverse clientele, ranging from privately held companies and Fortune 1000 multinational enterprises to public and private funds.

With over 800 dedicated professionals spread across 14 offices in states including Colorado, Illinois, Ohio, and New York, Cohen & Co is poised to provide clients with the expertise they need to harness the power of advanced financial tools like Sage Intacct and Workday Adaptive Planning. To learn more about Cohen & Co, visit cohenco.com.

By strategically integrating advanced technologies into their client's finance functions, Cohen & Co is leading the charge towards a more efficient and insight-driven future for financial departments.