Why End-User Training Is Essential for a Successful NetSuite ERP Implementation

By Allison Katz

End-user training is a vital component of a successful ERP implementation. ERP systems are complex, integrated software solutions that can impact all aspects of an organization’s operations; from finance and supply chain to human resources and customer relationship management. To ensure that an ERP implementation delivers its intended benefits and operates smoothly on go-live, end-user…

Withum Makes the Ranks as Top Employer for Veterans

By Arundhati Kashyap

Withum is excited to share that Military Times, a premier news source for veterans and their families, named Withum on their annual Best for Vets: Employers list for the second time. “I am thrilled to see Withum rank amongst so many other organizations committed to connecting former service members to the civilian workforce,” said Bill…

How the ‘E’ in Esports Increases Criminal Threats

By Allison Katz

As we’ve covered previously, there are threats to Collegiate venues and game developers that are unique to the Esport industry. However, the largest growing segment of victims is the athletes and streamers themselves. Aside from the issues common to competitive sport – such as doping – athletes and streamers are at additional risk of online…

Empowering Your B2B E-Commerce Customers With Self-Service

By Allison Katz

Self-service is becoming increasingly preferred in B2B e-commerce, with 99% of buyers willing to make a purchase in an end-to-end digital self-service model. This allows customers to place orders and manage their accounts without human interaction – giving them the flexibility and convenience to order anytime, anywhere. Without a doubt, customer behavior is changing. B2B…

Understanding the Latest Accounting Standards Update 2023-01 Leases: Common Control Arrangements

By Allison Katz

The subject of accounting standards is of utmost importance in the business world. With the ever-evolving nature of the global economy, it becomes imperative to align accounting practices and regulations with the changing needs of organizations. To this end, the Accounting Standards Update 2023-01 Leases (Topic 842): Common Control Arrangements offers valuable insights and guidelines…

Optimizing Payroll Management for Staffing Businesses

By Ruby Castaneda

In this digital age, efficient payroll processes are not just about cutting checks; they are a strategic tool that can drive business growth. Payroll management is a driver of client satisfaction for staffing businesses due to its direct impact on worker retention, efficiency of temporary workforce management, accuracy of employee benefits and deductions, financial stability…

Withum Successfully Completes Its First SOC 2 Examination

By Ruby Castaneda

Withum is pleased to share that it has successfully completed a System and Organization Control (SOC) 2 Type 1 examination in accordance with the standards set forth by the Association of International Certified Professional Accountants (AICPA). The SOC 2 Type 1 report deems Withum’s design of internal controls in its systems in line with the…

Withum’s Annual Law Firm Leadership Survey Indicates Future of Firm Management Facing Slowing Demand

By Ruby Castaneda

Princeton, NJ—Withum, a Top 25 advisory and accounting firm, released its 2023 Law Firm Leadership Annual Trend Report with data from this year’s Law Firm Leadership Survey. Firm Managing Partners, Chief Executive Officers and others in leadership roles were surveyed on their perspectives on AI, cybersecurity, succession planning and more in a market that has…

NetSuite at 25: Key Takeaways From SuiteWorld 2023 

By Allison Katz

NetSuite’s annual SuiteWorld conference brought together thousands of customers and partners in Las Vegas this month. Withum celebrated NetSuite’s 25th anniversary and was hands-on at breakout sessions relevant to the industries we serve, including but not limited to: technology, manufacturing, distribution, retail and e-commerce. Our CRM and ERP team members learned about the latest products…

Property Valuation and Appraisal Considerations for Insurance Renewals

By Ruby Castaneda

Once upon a time, property insurance renewals were an annual formality. They often consisted of a brief conversation, a review of a property listing, and a moderate 2%-4% increase in valuation to account for inflation. These valuations and renewals have instead become increasingly consequential today. A property insurance appraisal of building and equipment assets performed…