Top Accounting Software for Large Corporations
Intro
In the dynamic sphere of large business operations, accounting software plays a pivotal role. The stakes are high, and the demands for efficiency have never been greater. Companies, big and small, are increasingly looking towards sophisticated accounting solutions that not only streamline processes but also provide actionable insights. For corporate decision-makers, understanding the ins and outs of various accounting software options remains critical. In this article, we shall explore the software landscape tailored for larger corporations, breaking down the key aspects of functionality and relevance.
Software Overview
Software Description
When delving into accounting software for large organizations, it helps to first understand the breadth of choices available. Several platforms are structured to accommodate the complexities of large financial frameworks. Well-known players in this space include SAP S/4HANA, Oracle NetSuite, and Microsoft Dynamics 365. Each of these options provides various functionalities, ranging from real-time financial monitoring to integration with other essential business systems. This flexibility can adapt to both current and future development needs.
Key Features
The distinguishing factors among accounting software are often electively linked to various features. Large corporations may benefit from:
- Customization Options: Tailored solutions that can adapt to specific business needs.
- Robust Reporting Tools: Advanced analytics to generate comprehensive financial reports and forecasts.
- Integration Capabilities: Seamless communication with other operational tools.
- User Accessibility: Multi-user functionalities that support collaboration across departments. These features ensure that organizations not only track transactions but also derive valuable insights, improving overall decision-making.
"Choosing the right accounting software can be like finding a needle in a haystack. It’s essential to identify what perfectly aligns with your business goals."
Pricing Models
When it comes to choosing the right software, pricing is also a crucial element that can sway decision-making.
Subscription Options
Many organizations opt for subscription-based models. This approach often includes:
- Monthly Payments: Easier budgeting and cash flow management.
- Upgrade Flexibility: Options to scale with the business as it grows.
- Lower Upfront Costs: Reducing financial risk in favor of continuous financial commitment.
One-Time Purchase
Conversely, a one-time purchase can offer greater control for firms not inclined towards ongoing subscriptions. This method may involve:
- Single Payment Structure: Once payment is done, the software is owned outright.
- Reduced Long-Term Costs: Over time, a one-time payment may prove less costly compared to continuous subscriptions.
Closure
Intro to Accounting Software
Understanding accounting software is essential for large organizations navigating the complexities of finance in a digital age. This section lays the groundwork for grasping how technology integrates with financial processes to improve performance and provide insights crucial for decision-making. By diving into what constitutes accounting software, we not only dissect the tool itself but also appreciate its significant role in enhancing operational efficiency and accuracy in large corporations.
Defining Accounting Software
Accounting software is defined as a set of automated tools enabling organizations to manage their financial transactions. Whether it's recording expenses, creating invoices, or generating financial statements, these systems play a fundamental part in financial health management. Unlike basic spreadsheet tools, accounting software allows for intricate calculations, real-time updates, and user collaboration. To put it simply, this software serves as the backbone of financial integrity in any large company.
There are various types of accounting software available today, and their designs reflect the different needs and sizes of businesses. For instance, large corporations often require robust, complex systems capable of handling vast amounts of data. This includes capabilities like multi-currency transactions and compliance with diverse regulatory environments. Importantly, these systems can be deployed on-premise or in the cloud, providing flexibility based on corporate strategy.
Importance of Accounting Software in Large Corporations
In a world where time equals money, accounting software provides a way for businesses to streamline their financial processes, which is vital for large corporations that often operate on thin profit margins with vast overheads. Here’s why this software matters:
- Accuracy: With built-in checks, accounting software helps minimize human errors that can be costly.
- Efficiency: Automating routine processes frees up employees to focus on more strategic activities, thus enhancing productivity.
- Integration: Many large firms utilize multiple software tools. Accounting solutions that touch on this integration facilitate smoother workflows and better data visibility.
"In the ever-evolving landscape of finance, the wrong accounting software can seriously impact a company's bottom line."
Moreover, accounting software equips corporations to respond swiftly to financial inquiries or audits. Given the scale at which large organizations operate, having precise and easily accessible financial data is not just a luxury—it's a necessity. Additionally, as companies scale, the complexity of their accounting needs also increases, making software solutions essential for maintaining oversight and financial control. In essence, the right accounting software equips large corporations with not just the tools but also the strategic insights needed to navigate today’s unpredictable economic waters.
Key Features of Accounting Software
When it comes to large corporations, the right accounting software can make a noticeable difference. Not only does it help in satisfying compliance and regulatory requirements, but also simplifies complex financial processes, ensuring that everything runs as smoothly as a well-oiled machine. By leveraging the key features of accounting software, companies can improve efficiency and streamline operations, leading to better decision-making and enhanced financial insights.
Advanced Reporting Metrics
One of the standout aspects of modern accounting software is the advanced reporting metrics it offers. In essence, these metrics allow organizations to analyze their financial data in a multitude of ways. This means not just generating standard reports, but customizing them to suit specific needs, giving management the information they require to strategize effectively.
For instance, rather than just reviewing income statements, a corporation can delve deeper into profit centers, assess profitability across various departments, and analyze cash flow trends. The more robust the reporting capabilities, the easier it becomes to predict costs and trends, helping companies make informed decisions about future investments. This native ability to dissect data can set a company apart from its competitors, turning insights into significant business advantages.
Automation Capabilities
Automation capabilities have almost become a non-negotiable feature for enterprise-level accounting software. The implementation of automation can handle repetitive, mundane tasks ranging from invoice processing to bank reconciliations without human intervention.
This not only saves time but also reduces the likelihood of human errors—remember, one misplaced zero can create financial havoc. Moreover, automation can be used to ensure compliance with regulations through consistent audit trails and controls.
Imagine a scenario where an organization manually enters data from a hundred invoices each month. It’s tedious and prone to mistakes. With automation, this process can be streamlined to a matter of minutes, freeing up teams to focus on higher-level strategic endeavors rather than drowning in data entry.
Integration with Other Systems
The ability of accounting software to integrate with other systems is critical for large corporations. In a world where various platforms handle different business functions, seamless integration becomes the glue that holds operations together. For example, if the accounting software can connect with a Customer Relationship Management (CRM) system, finance teams can get real-time updates about sales figures, enhancing forecasting accuracy.
This interconnectedness allows organizations to maintain a holistic view of their operations. It can also minimize data silos, where information is trapped in specific departments. Moreover, integrating with human resources software can simplify payroll management, making sure that employees are compensated accurately and on time.
"Effective integration ensures that data flows smoothly, allowing for more strategic decision makin across different departments."
Investing in accounting software with these key features can lead corporations into a future of enhanced productivity, accuracy, and insight, positioning them decisively against competitors in the marketplace.
Types of Accounting Software
In the realm of financial management, selecting the right accounting software forms the backbone of efficient operations for large corporations. The categorization into distinct types, each featuring unique attributes, allows businesses to match their specific requirements with the appropriate software solution. Understanding these various options is critical as it influences decision-making processes and shapes the accounting landscape.
On-Premise Software Solutions
On-premise accounting software denotes systems that reside on the physical servers within an organization’s premises. One significant benefit is the level of control it grants companies over their data and software environment. This is key for organizations that prioritize data security and compliance with regulations.
Despite the tangible advantages, there are drawbacks to consider. Implementation can be a resource-intensive process, often requiring significant upfront capital investment. Moreover, maintaining and updating the software places demands on internal IT resources.
Some large companies favor on-premise solutions, especially in sectors with stringent compliance needs, like finance and healthcare. They often invest in robust systems such as SAP ERP Financials or Oracle Financial Services, where the reward for making solid investments in these platforms manifests through improved operational efficiency.
Cloud-Based Accounting Software
Cloud-based accounting software has gained traction in recent times, transforming how accounting is performed. Rather than being tethered to a single location, this type of software leverages the internet to offer flexibility and accessibility. Businesses can access their financial systems from anywhere, making remote work much easier.
The inherent scalability of cloud solutions represents a considerable advantage. Companies can adapt their software usage as they grow or contract, often paying only for what they use. This model can lead to cost efficiencies compared to traditional, expanded infrastructure demands of on-premise systems.
Prominent examples in this category include Microsoft Dynamics 365 and Intuit QuickBooks Enterprise. Such platforms not only simplify the accounting process but also integrate seamlessly with other business functions, thereby enhancing productivity.
Industry-Specific Solutions
As businesses operate in various fields, industry-specific accounting software is tailored to meet specialized needs. These solutions provide features that address particular challenges faced in sectors such as construction, healthcare, or nonprofit organizations.
The significance of having software aligned with industry requirements cannot be underestimated. Take, for instance, the construction industry, where project management and job costing features are critical. Solutions adapted for this sector can lead to more manageable project tracking, ensuring budget constraints are met without compromising performance.
In healthcare, where compliance with regulations like HIPAA is essential, specialized software incorporates these guidelines. This alleviates many concerns about legal ramifications for data mismanagement.
In summary, choosing the right type of accounting software plays a crucial role in a corporation's operational effectiveness. It’s about matching these solutions with specific company needs, whether it be the permanency of infrastructure, the flexibility of cloud features, or the niche focus of industry adaptations.
"Selecting the appropriate accounting software isn't just about efficiency; it's about ensuring the solution aligns with your unique business challenges and strategic goals."
This thoughtful selection process is essential for driving not just productivity but also long-term success.
Popular Accounting Software Used by Large Companies
In the realm of corporate finance, choosing the right accounting software can make or break the financial backbone of a large organization. Large corporations have distinct needs that require sophisticated tools capable of handling high volumes of transactions, intricate compliance requirements, and multi-currency operations. The importance of this segment cannot be overstated, as it directly links to operational efficiency and financial accuracy.
The accounting software landscape is teeming with options, each presenting its unique functionalities and advantages. Additionally, one must consider the scalability of these solutions as the needs of a company will evolve over time. Not every accounting software will serve every corporation effectively; some are tailored for specific industries while others boast extensive customization capabilities.
When analyzing popular accounting software options, corporations seek the following:
- Integration: Ability to merge smoothly with existing tools.
- User Accessibility: Intuitive design that teams can embrace without exhaustive training.
- Cost-Effectiveness: Balancing robust features against budgetary constraints.
- Support and Community: Reliable assistance and a wealth of knowledge to draw from.
The following sections delve into some of the most-used accounting solutions in large enterprises today, scrutinizing their features and the value they add in enhancing fiscal operations.
SAP ERP Financials
SAP ERP Financials stands as a titan in the world of enterprise resource planning, designed to serve organizations grappling with broad financial processes. This software excels in the realm of real-time data processing, ensuring that financial statements reflect the most current data available. Given that large corporations often operate across various divisions and geographical regions, SAP provides tools for:
- Multi-currency handling
- Integrated financial reporting
- Budgeting and forecasting features
This adaptability allows organizations to manage their finances efficiently under varying economic conditions. SAP ERP Financials' native integration with other SAP modules streamlines operations across various departments, making it a well-rounded choice for companies looking for a unified system.
Oracle Financial Services
Another significant player in the accounting software realm is Oracle Financial Services. Known for its robustness, it offers a comprehensive suite of tools that facilitate everything from risk management to compliance issues. A hallmark feature of Oracle is its focus on analytics, helping organizations transform raw data into actionable insights. Features include:
- Regulatory compliance tools
- Risk assessment models
- Centralized cash management capabilities
Large corporations often find Oracle indispensable as it not only aids in navigating complex regulatory landscapes but also supports informed decision-making processes.
Microsoft Dynamics
When it comes to flexibility and user-friendliness, Microsoft Dynamics 365 often stands out among the competition. This software offers an impressive range of modules that can be customized according to specific business needs. The cloud capabilities of Dynamics 365 allow for seamless access to financial data from anywhere, which is vital for today’s fast-paced business environment. Key features include:
- Forecasting tools powered by AI
- Data integration with Microsoft Office apps
- Intuitive dashboards for real-time monitoring
The ability to scale with the company’s growth makes Microsoft Dynamics 365 a preferable choice for many large enterprises looking to enhance their financial operations without hefty investments in entirely new systems.
Intuit QuickBooks Enterprise
Designed with small to medium-sized businesses in mind, Intuit QuickBooks Enterprise has gained popularity among larger organizations as well due to its comprehensive capabilities and ease of use. Its cloud version allows for remote accounting without the limitations of traditional setups. QuickBooks Enterprise offers features such as:
- Advanced reporting functionalities
- Customizable user permissions
- Inventory management tools
While it may not match the extensive features of SAP or Oracle, its affordability and simplicity have made it a go-to for many large companies needing a solid, user-friendly platform.
Criteria for Evaluating Accounting Software
In the intricate world of finances, large corporations must ensure their accounting software is robust and reliable. As the engine behind financial operations, the right software can either make or break a company’s efficiency and transparency. This section focuses on crucial criteria that corporate decision-makers must consider when evaluating accounting software solutions.
Cost-Benefit Analysis
Businesses constantly weigh their options through a cost-benefit analysis. This method examines the potential costs associated with the software against the benefits it brings to the table. This analysis is not merely about the price tag; it involves scrutinizing long-term savings, improved productivity, and the return on investment (ROI).
Organizations should take into account initial purchase costs, ongoing maintenance, and any hidden costs that could arise, such as training expenses or integration issues. To make a comprehensive assessment, it’s wise for decision-makers to consider the following:
- Licensing Fees: Check if it’s a one-time fee or subscription-based.
- Training Costs: Accounting systems often require training for staff. Don’t overlook this expense.
- Maintenance and Support: Factor in costs related to software updates and customer support.
- Impact on Operational Efficiency: Potential revenue generated from streamlined processes can significantly offset initial expenditures.
By honestly evaluating all costs alongside tangible benefits, corporations can make informed decisions that align with their financial strategies.
Scalability and Flexibility
As businesses grow and evolve, so must their accounting software. Scalability is crucial here; software must accommodate increasing data volume, additional users, and expanding functionalities without massive overhauls. Moreover, flexibility plays a part in whether the software can adapt to the dynamic needs of the organization.
When evaluating scalability, consider questions like:
- Can the software support more users as the company expands?
- Is it capable of handling increased transaction volumes?
- Can it integrate new modules as needed?
Flexibility means the software should cater to various industries and be customizable according to specific workflows within the company. Having systems that are adaptable can thus save companies from having to frequently switch solutions, which can be both time and resource-consuming.
User Experience and Training
An often overlooked aspect when evaluating accounting software is user experience. A tool that is complex or unintuitive can lead to significant inefficiencies and frustrations among employees. Not only does it affect productivity, but it can also impact employee morale. Therefore, user-friendliness is paramount.
Investing in software with a straightforward interface often leads to reduced training times and fewer errors. To ensure a positive user experience, organizations should look into:
- Intuitive Interface: Is the design and navigation simple enough for new users?
- Access to Training Resources: Does the vendor provide adequate tutorials or training sessions?
- Support Community: Is there a forum or user group where employees can share knowledge?
An effective implementation begins with investing in training that empowers users. Making sure that staff is comfortable with the software can enhance overall performance and ensure a smoother operation.
"A seamless user experience often translates to better accuracy and faster results."
By focusing on these criteria, large corporations can sift through the myriad options available and find a software solution that truly meets their complex needs.
Trends in Accounting Software
In today's fast-paced business environment, the trends shaping accounting software have significant implications for how large corporations manage their financial functions. Keeping tabs on these trends is critical for decision-makers aiming to enhance their operations, ensure compliance, and maintain a competitive edge.
Artificial Intelligence in Accounting
Artificial intelligence is making waves in the accounting landscape. By automating repetitive tasks such as data entry and invoice processing, AI not only boosts efficiency but also reduces the risk of human error. Large corporations can harness machine learning algorithms to analyze complex financial data, providing insights that were previously buried in mountains of paperwork.
Consider the impact on forecasting. AI can sift through historical data to spot patterns and predict future financial trends, giving firms a leg up in financial planning. As AI continues to evolve, it’s expected to free up valuable time for accountants, allowing them to focus on strategic decision-making rather than be bogged down by menial tasks.
Increased Focus on Cybersecurity
With the shift to digital platforms, the importance of cybersecurity cannot be overstated. Large corporations are safeguarding sensitive financial data like a hawk, thanks to the increasing incidence of cyber threats. Accounting software today not only needs to manage numbers but also ensure that assets are protected against unauthorized access and breaches.
Firms are adopting robust security measures, including encryption, multi-factor authentication, and regular security audits. Staying compliant with regulations, like GDPR for data protection, is also paramount. The heavy stakes involved mean large enterprises invest significant resources in cybersecurity training and software tailored to identify and neutralize threats.
Mobility and Remote Access Solutions
Today’s workforce is no longer confined to the office, and that flexibility brings its own challenges and opportunities for accounting software. For large corporations, mobility and remote access solutions are becoming vital. Workers need the ability to access financial data securely from various locations, whether they're on the road or at home.
Cloud-based accounting solutions are at the forefront here. They offer real-time collaboration, enabling teams to work seamlessly across geographies. The ability to view and share important information instantaneously fosters a dynamic decision-making environment. However, alongside this mobility, the need for a robust, secure infrastructure is indispensable to prevent data leakages or unauthorized access.
"The intersection of technology and finance is reshaping how companies operate, making it essential to stay ahead of these accounting software trends."
In summary, embracing these trends—Artificial Intelligence, cybersecurity enhancements, and mobility—can significantly boost operational efficiency and data security for large corporations. As technology continues to evolve, recognizing and adapting to these trends will remain a vital component of effective accounting strategies.
Challenges Faced by Large Companies with Accounting Software
In the fast-paced world of large corporations, managing accounting software can feel like trying to juggle flaming swords. The stakes are high, and mistakes can mean more than just a dent in the balance sheet; they can affect the entire operational framework of a company. Understanding the challenges that arise with these software solutions is not just important; it's critical for survival in today's competitive landscape.
As organizations strive for accuracy, transparency, and efficiency, they confront a host of obstacles that can hinder their goals. From data migration woes to the intricate labyrinth of compliance, these challenges must be navigated with precision and foresight. Here’s a closer look at the major hurdles these corporations face.
Data Migration Issues
Data migration is often the first bump in the road when companies adopt new accounting software.
When moving financial data from one system to another, there are numerous factors to consider:
- Data Integrity: Ensuring that all data transferred is accurate and complete often feels like trying to find a needle in a haystack. Any missing or corrupted data can lead to significant issues down the line.
- Downtime Risks: Organizations may experience downtime during the migration process, disrupting critical financial operations. The challenge here is to coordinate migrations during off-peak hours, which requires careful planning.
- Training Staff: Transitioning data also requires staff to be up-to-speed with the new software. The learning curve can vary widely among employees, creating an inconsistency in operation.
"A smooth migration is like a well-oiled machine; it requires the right tools and timing, or else it can be a complete disaster at inopportune moments."
For corporations, successful data migration is not just about moving numbers; it’s about preserving trust and fostering an environment where financial accuracy reigns supreme.
Compliance and Regulatory Challenges
Navigating the seas of compliance and regulation related to accounting practices can be daunting. Large corporations must adhere to various standards—like the Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS)—as well as industry-specific regulations. Failing to comply can lead to hefty fines, legal disputes, and an irreparable reputation damage.
The complexity of these regulations can vary based on the geographical location and sector of the business. Companies often grapple with:
- Varying Standards: Following several accounting standards can become a tangled web, especially for multinational operations. Each standard often has specific requirements that must be closely monitored.
- Auditing Processes: The need for transparency during audits puts additional pressure on organizations. The software needs to facilitate easy access to records while ensuring that all transactions are duly documented.
- Real-Time Reporting: Many regulations demand real-time reporting, which can stretch traditional accounting software to its limits and require adjustments to workflows.
Companies need to ensure their accounting software not only complies but also adapts quickly to changing regulatory environments. A flexible solution can be the difference between seamless operation and administrative chaos.
Integrating Legacy Systems
For many large corporations, integrating legacy systems with modern accounting software poses a significant challenge. Legacy systems, often older software that has been used for many years, can be deeply embedded in the company’s operations. Transitioning away from these systems to newer software isn’t just about changing tools; it’s about shifting an entire culture.
Some key points of concern include:
- Compatibility Issues: Modern accounting solutions may not always play nice with older systems. Establishing smooth communication can be like trying to connect two incompatible languages without a translator.
- Data Silos: Legacy systems can often operate in isolation, leading to data silos that prevent organizations from harnessing the full potential of their financial data. Integrating them can be a complex maze that requires significant investment in both time and resources.
- Resistance to Change: Employees might be resistant to adopting new systems due to comfort with the old ways. Addressing this change management process is essential, as buy-in from staff greatly improves the success rate of new implementations.
A successful integration strategy combines both technological solutions and human insight, ensuring that no one is left in the dark, and everyone can gain the benefits of advanced software capabilities.
Case Studies of Large Corporations
Case studies play a pivotal role in understanding the efficacy and real-world applications of accounting software within large corporations. They offer snapshots of how specific organizations have navigated the complexities involved in financial management, revealing both the successes and the challenges experienced during implementation and usage. Such insights delineate the benefits that accounting software affords, illuminating pathways for other companies contemplating a similar technological leap.
These analyses not only highlight the specific features and functionalities that led to enhanced operational efficiencies but also provide critical lessons learned during the journey. By examining both the victories and missteps, decision-makers can strategize effectively and make informed choices tailored to their own organizational needs. By emphasizing relatable examples, these case studies serve not only as inspiration but also as cautionary tales, guiding firms toward more effective financial management practices in an increasingly digitized landscape.
"Learning from others' experiences can reduce the risk of mistakes and accelerate success."
Success Story: Company A
Company A, a multinational enterprise in the manufacturing sector, undertook a massive overhaul of its accounting processes by migrating to SAP ERP Financials. This transition not only streamlined their financial reporting but also increased the visibility into various operational metrics across different departments. The integration of real-time data access addressed significant bottlenecks previously caused by reliance on manual entries and disparate systems.
Some key benefits led by this transition included:
- Enhanced compliance: With automatic updates regarding regulatory changes, Company A improved its adherence to local and global standards.
- Optimal resource allocation: The data insights enabled by the software allowed for better decision-making related to resource distribution, minimizing waste.
- Faster closing cycles: Accounting periods that once took weeks now wrapped up in days, allowing for swifter decision-making at the executive level.
Furthermore, training initiatives ensured that employees at all levels adapted to the new system effectively. Overall, Company A's successful implementation of state-of-the-art accounting software reflects the transformational capacity of technology integrated into finance processes.
Lessons from Company B's Transition
On the flip side, Company B's journey is a cautionary tale for others considering a switch in their accounting software. Initially adopting Oracle Financial Services, they faced several hurdles, including a lack of comprehensive user training and unexpected data migration issues. These challenges led to disruption in operations that ultimately required intervention.
From Company B’s experience, several lessons emerge:
- Prioritize training: Over-committing to technology without guaranteeing that staff are adequately equipped to use it can result in errors and inefficiencies.
- Involve stakeholders early: Engaging users from various levels during the selection and implementation process can mitigate resistance and assist in tailoring the software to user needs.
- Have contingency plans: Anticipating and preparing for unforeseen complications is crucial for maintaining operational continuity.
Ultimately, Company B’s experience highlights the necessity of thorough planning and execution strategies. When adoption of accounting software is treated as a complex project rather than a simple IT upgrade, the chances of success increase markedly.
By studying these distinct paths, other large corporations can extract valuable insights, making their own transitions to accounting software less daunting and more fruitful.
Culmination
The future of accounting software holds significant implications for how large organizations approach financial management. As businesses face evolving market conditions, the adaptability of accounting solutions will be paramount. Sophisticated features such as automation, AI integration, and enhanced data analytics have become distinguishing attributes of modern accounting platforms. The ability to leverage these technologies not only streamlines operations but optimizes resource allocation, ultimately leading to better financial health.
One significant consideration is the continuous adaptation of software to encompass changing regulations. Given the evolving nature of compliance requirements, particularly in sectors like finance and healthcare, an agile accounting software solution can spell the difference between competitive advantage and stagnation. This adaptability ensures that large firms remain ahead of regulatory shifts, thus mitigating risks associated with non-compliance.
Also, maintaining a watchful eye on cybersecurity trends is crucial. Security breaches can lead to devastating consequences; thus, software with robust security measures is no longer optional but necessary. That said, firms must interpret the balance between implementing advanced security features and maintaining user-friendly interfaces.
"In the realm of big business, what sets successful entities apart isn’t just the software they choose, but how adeptly they harness these tools into their operational fabric."
Preparing for the future entails recognizing that the principles of accounting are not static. As technology progresses, the tools and strategies employed in corporate finance will necessitate an ongoing commitment to innovation and integration. By keeping an ear to the ground and adapting to trends in software functionality, large corporations can ensure they not only survive but thrive in the ever-evolving economic landscape.
As we forge ahead, organizations must embrace a forward-thinking approach, ensuring that their accounting software is equipped to tackle tomorrow's challenges while delivering tangible results today.
