We’d like to share some important news regarding regulatory changes affecting our for profit clients. What is the Federal Corporate Transparency Act? Starting in January 2024, the Treasury’s Financial Crimes Enforcement Network implemented the Federal Corporate Transparency Act, which requires businesses with fewer than 20 employees to provide ownership information. This change aims to strengthen… Read more »
In our last article, we started considering ways that organizations can respond effectively to financial crises. This is more relevant than ever as organizations try to weather the pandemic and navigate their recovery. We considered the kinds of financial crises organizations face and strategic responses to these crises when we find ourselves in the middle… Read more »
It is no surprise that the pandemic had significant and sometimes catastrophic financial effects on business and nonprofit organizations. Organizations were left reeling with questions: what do I do now? When do I do it? How can I bounce back when things get back to normal? What can I do now to prevent this situation… Read more »
My name is Joanne and I’m a Finance and Accounting at Insource. I work with both non-profit and for-profit companies. I’ve been with Insource for 15 years as of September of this year. I’m married and we have a nine-year-old son. I was born and raised on Martha’s Vineyard and moved to New Hampshire in… Read more »
After several years of frustration as the CFO of a mid-sized R&D company, managing what should have been a service-oriented function but was more often a roadblock, I was convinced there had to be a better way. So, in 1993 I started Insource Services. Initially conceived as a financial outsourcing firm, with the goal of… Read more »
As a Finance, HR, and IT outsourcing firm, we take security seriously. In 2021 we achieved SOC 2 Type 2 security compliance status. For those unfamiliar with this credentialing protocol, here’s a quick overview. Service Organization Control (SOC) 2 is a set of compliance requirements and auditing processes designed for service providers. A type 2… Read more »
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