Technology

Announcing Qvinci Software’s Summer 2024 New Product Release

Published

7 months ago

May 31, 2024

Introducing Qvinci’s non-Sunday aligned weekly reporting, new performance dashboards, benchmarking and ranking tools, elimination entries, budgeting tools, multi-factor authentication security updates, and much more…

AUSTIN, Texas, May 31, 2024 /PRNewswire-PRWeb/ — Innovation is synonymous with Qvinci; it’s our mission. Qvinci’s Summer 2024 Product Release is now available and includes:

Qvinci’s vision is INNOVATION! We revolutionize data collection, consolidation, mapping, reporting, and BI for businesses and non-profits into actionable insights. This product release showcases that commitment. – Brad Adams, Qvinci President/CEO/Chairman

1. NON-SUNDAY ALIGNED WEEKLY REPORTING WITH CUSTOMIZABLE ACCOUNTING CALENDARS

With Qvinci’s non-Sunday aligned weekly reporting, you can now:

Access weekly reporting aligned to any day of the week that’s best for you.Customize your accounting calendar reporting structure to your specific needs, such as 4-4-5, 5-4-4, or even a 4-4-4 (or any combination), by-entity, or consolidated.Customize your reporting periods instead of staying tied to the standard Sunday-aligned 4-4-5, which isn’t best for everyone.Even report by week per period, quarter, or year. For instance, you can publish reports over the last 13 weeks, by week, if that suits your needs.The possibilities are virtually endless!

This means, for example, that if Saturdays and Sundays are your busiest days of the week, your financial and business intelligence reporting no longer must be split into two separate weeks. This also means that when it comes to 4-5-4 reporting periods (or any combination), you are now in complete control, which is perfect for businesses such as:

Restaurants and food servicesHospitality and hotelsRecreational facilitiesTourism and travel agenciesArchdioceses, dioceses, and non-profitsSeasonal businesses (i.e., ski and beachside resorts)And their accountants and advisors

2. NEW PERFORMANCE DASHBOARDS, RANKING AND BENCHMARKING TOOLS

Qvinci is proud to offer two new business intelligence performance dashboards and two new ranking and benchmarking tools for all users. These dashboards and tools are designed to run on single or multiple entities/locations and allow you to see key financial metrics in a graphical format. They provide a clear picture of performance metrics that give visibility and perspective to your financial data.

3. UPLOAD BUDGETS VIA EXCEL INCLUDING FUTURE BUDGETING CAPABILITIES

Qvinci’s customers now have the ability to import their budgets via Excel as some do not like working with budgets in QuickBooks. With Qvinci you can do both. We have also added future budgets, which allow our customers to use Qvinci budgets if they are using QuickBooks Desktop, QuickBooks Online, or QuickBooks by Class. The default for budgets is the QuickBooks budget.

With this amazing new feature, budgeting for your franchise or multi-entity environment and running reports, business intelligence, and predictive analytics just got a lot simpler.

4. ELIMINATION ENTRIES WITH NO NEED TO UTILIZE SEPARATE ACCOUNTING FILES

Qvinci has released a new eliminations option! Elimination entries are necessary for some organizations, especially in a franchise or multi-entity environment. Qvinci’s product team has created a new way to perform this task. There are many reasons why these transactions are eliminated before the consolidated financial statements are generated. Due to this need, Qvinci has created 3 different eliminations reports for our customers with SCoA and native options for each.

5. CURRENCY CONVERSION TOOLS WITH ADVANCED REPORTING AND BUSINESS INTELLIGENCE

Qvinci offers new currency conversion capabilities for both QuickBooks Desktop and Online versions, along with other select accounting software. Conversion rates are applied to each transaction based on its transaction date in QuickBooks. The user cannot set a desired conversion rate, as this is derived directly from XE.

6. MULTI-FACTOR AUTHENTICATION SECURITY FEATURES

To better protect your financial data, Qvinci has enabled multi-factor authentication (MFA) in our solution. In today’s world, helping businesses and individuals protect their secure data environment is essential. Enabling MFA for your company/client is easy. There are only five steps that the account administrator has to take to require ALL users to enable MFA, or individual users can enable it for themselves. Once enabled, you can use either Microsoft Authenticator or Google Authenticator to retrieve your valid PIN.

7. RE-RELEASE OF THE EXTENDED DATA SYNCING OF UP TO 84 MONTHS

Qvinci has always had the capacity to sync up to 3 years (36 months) of data. The market has spoken, and you want more. Our customers can now sync up to 7 years (84 months) of data.

Armed with this extra data, access to Qvinci’s basic reports or its 180+ customizable Jumpstart Gallery reports, and business intelligence templates have never been faster or easier. Use the gallery reports as-is, customize them in our proprietary report editor, or build an entire, white-labeled reporting package in our package editor.

8. RE-RELEASE OF THE REPORTING MONTH DATA READY FEATURE

Are you constantly frustrated by clients, franchise owners, or business units not keeping their books up to date? The old saying, “garbage in, garbage out,” may apply. If you don’t have accurate and up-to-date data, then reporting and business intelligence could be downright dangerous rather than immensely useful.

Take a second look at Qvinci’s Wellness Dashboard (Advisory Portal) and determine in seconds which of your clients, franchise owners, business units, or parish locations have their books up to date.

Just click the button and enter the date the books were completed. If the date is Green, you are good to go. But if it’s Red, you’ll need to make sure the accounting file is properly synced. If it’s not, send them a friendly reminder.

PRACTICAL APPLICATION – THE POSSIBILITIES ARE ENDLESS!

Accountants: Imagine the client advisory opportunities if you could review up to 84 months of your client’s data, choose to exclude a bad year (like with a pandemic), and consult with them regularly!

Franchises and Multi-Unit Organizations: Imagine having weekly reporting and business intelligence aligned Monday to Sunday instead of the old Sunday-aligned reporting, or pick any other day of the week your business requires. Fast casual, quick service, and chain restaurants have been looking for this for years.

Dioceses: Imagine the collaborative relationships fostered between chancery management and church and school leadership if you could easily determine which parish location does not have their books up to date before you review the metrics that matter most. Ensure timely and reliable data with the click of a mouse.
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SPECIAL LIMITED PRICING!

We are now offering a special, limited-time price to anyone who attends a webinar, starts a free trial, or speaks to a Solution Consultant and purchases QuickBooks and/or Qvinci. The offer is simple:

If you already have QuickBooks, add Qvinci for $5 per month for the first 3 months, provided that your ecosystem rollout is scheduled for the same period. File minimums apply.Need to purchase QuickBooks Online Advanced? When QuickBooks Online Advanced is purchased through Qvinci, Qvinci is included for $10.00 (a 60% discount)!For all other QuickBooks and Qvinci packaged solutions, contact us for discounted and bundled pricing!

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Brad Adams – Qvinci, President / CEO / Chairman – “Qvinci’s vision is defined by a single word: INNOVATION! Innovate the industry transformation of the data collection, consolidation, mapping, reporting, and business intelligence for small-to-medium businesses and non-profits into actionable financial insights everyone understands, can make sense of, and act on! This product release exemplifies that commitment to our customers, past, present, and future.”

Charles Nagel – Qvinci, Founder / CIO – “With the ability to run non-Sunday aligned weekly reports starting on any day of the week, with 1 or 1000s of QuickBooks files, and with customizable accounting calendars and customizable reporting periods, users can do what was previously impossible, easily measure and compare all locations the way they want on the periods they want. Coupled with extended data syncs, new budget tools, ranking, benchmarking, and performance dashboards, the product release is transformative.”

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ABOUT INTUIT – Intuit is the global technology platform that helps consumers and small businesses overcome their most important financial challenges. Serving more than 100 million customers worldwide with TurboTax, QuickBooks, Mint, Credit Karma, and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us for the latest information about Intuit, our products and services, and find us on social.
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ABOUT QVINCI – Qvinci is a cloud-based solution that empowers accountants, franchises, multi-unit organizations, and single SMBs to make better decisions, save time, and increase their profitability and net revenue by providing actionable financial insights everyone can understand, make sense of, and act on. Automated collection, consolidation, and mapping of financial and non-financial data to a SCoA. Color-coded and customizable KPIs and business intelligence that tracks and predicts trending, benchmarks KPIs, and forecasts financial and cashflow positioning. Acclaimed Customer Success team always ready to help. Easy to implement. Simple to use. Immediate results.
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*Intuit and QuickBooks are registered trademarks of Intuit Inc. Used with permission under the QuickBooks Solution Provider Program.

Media Contact

Justin Clark, Qvinci Software, 512-637-7337, sales@qvinci.com, https://qvinci.com/

Twitter

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SOURCE Qvinci Software

Technology

Macrogen Consortium win tender for National Bio Big Data Project

Published

30 minutes ago

December 23, 2024

Illumina is proud to be selected as sequencing technology partner to the Macrogen Consortium.

SEOUL, South Korea, Dec. 23, 2024 /PRNewswire/ — Macrogen a global healthcare company that specializes in precision medicine and Illumina Inc. (NASDAQ: ILMN), a global leader in DNA sequencing and array-based technologies, announced today that they are honoured to support the National Bio Big Data project by sequencing and analysing 145,952 Korean genomes.

The National Bio Big Data Project project has been running in Korea as a pilot project since 2020. During this period about 20,000 genomes were analysed, 10,000 of these including people with a rare disease. The ultimate goal is to enable precision medicine by building a reference genome for about 770,000 Koreans by 2028 and a total of 1 million by 2032.

“Being a part of this step change to improving public health in Korea through the voluntary collection and analysis of genomic, clinical and life record information from the general public, is paramount to ensure precision medicine becomes a standard of care for all Koreans,” said Changhoon Kim, CEO Macrogen.

“Illumina is pleased to be a part of the Korean bio industry ecosystem and to participate in such an important national project. We look forward to contributing to Korea by bringing our expertise and lessons learned from our direct involvement in leading pop gen projects around the world,” said Robert McBride, General Manager of Illumina Korea.

People across the globe have very similar genes but a small number of variants between populations can impact health. For example, some variants are associated closely with particular diseases such as cystic fibrous.[1]These variants can present differently in populations and have a significant impact on how individuals respond to medicines and treatments. Therefore, it is beneficial for Koreans to have information available that is unique to them.

Worldwide, the number of pop gen projects is expanding rapidly, including the UK, Japan, Singapore, Qatar, the United Arab Emirates, and Nigeria.

“Population genome projects are growing worldwide with many programs reaching significant milestones. But despite this inequity remains with the majority of genome datasets being of European descent. This means we have a lot of information how to develop drugs for European populations but this doesn’t translate in any meaningful way to other nationalities,“ said Robert McBride.

Population genomics provides a platform for industry engagement and investment, specifically in the pharmaceutical, biotechnology, and data sectors. By integrating large, diverse data sets and using advanced computing technology (such as artificial intelligence or machine learning), health systems and partners are optimally positioned to unlock the power of the genome even further, while improving quality of life and care and fostering economic growth.

“Precision medicine is changing how diseases are treated and this benefits everyone. For patients, treatments often work better when decisions are based around an individual’s genome, for drug companies it can reduce cost of development and for governments there are long term savings related to less waste and healthier patients,” said Changhoon Kim.

References

[1] https://www.genome.gov/about-genomics/educational-resources/fact-sheets/human-genomic-variation#:~:text=How%20do%20peoples’%20genomes%20vary,person%20responds%20to%20certain%20medications.

About Macrogen

Macrogen is a global genetic service provider, partnered with over 18,000 scientists in 150+ countries, and with more than 20 years of experience in the industry.

Established in 1997, from the Genome Medical Research Institute of Seoul National University, Macrogen has become a major service provider and consulting agent for government agencies, universities and research institutes around the world.

About Illumina

Illumina is improving human health by unlocking the power of the genome. Our focus on innovation has established us as a global leader in DNA sequencing and array-based technologies, serving customers in the research, clinical, and applied markets. Our products are used for applications in the life sciences, oncology, reproductive health, agriculture, and other emerging segments. To learn more, visit www.illumina.com and connect with us on X (Twitter), Facebook, LinkedIn, Instagram, TikTok, and YouTube.

About the Consortium

Macrogen Consortium members include the following companies: DNA Link, Theragen Bio, and CG Invites

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SOURCE Illumina

Technology

As 2025 IRS Mileage Rate Hits 70 Cents, Expert Warns: Ditch Risky Apps for Secure Paper Tracking

Published

5 hours ago

December 22, 2024

Gig economy expert Ed Ryder warns against the risks of mileage tracking apps, and advocates using paper-based tracking methods instead. He introduces The Big Mileage Form, a secure alternative developed over two years to meet the specific needs of food delivery gig workers. Ryder highlights recent tech failures, like the July 2024 global IT outage, to underscore the vulnerabilities of digital solutions. The press release also mentions Ryder’s significant mileage deduction using his form and directs readers to GigCoach.net for additional resources, including a consumer tutorial to drive better food delivery outcomes and a gig coach training program.

PHILADELPHIA, Dec. 22, 2024 /PRNewswire-PRWeb/ — As the IRS announces a standard mileage rate of 70 cents per mile for 2025, gig economy expert Ed Ryder, who has completed over 10,000 deliveries with his own car using major food delivery platforms, urges fellow gig workers to reconsider their mileage tracking methods. While acknowledging the convenience of digital solutions, Ryder advocates for a return to secure, paper-based tracking to protect valuable mileage deductions.

With the mileage rate at 70 cents, accurate tracking is crucial for gig workers and small business owners. Mileage apps seem convenient, but they risk data loss from outages, glitches, and cyber attacks. Many overlook these significant dangers.

“With the mileage rate increasing to 70 cents, accurate tracking is more crucial than ever for gig workers and small business owners,” says Ryder, creator of The Big Mileage Form. “While mileage tracking apps seem convenient, they come with significant risks that many overlook. Network outages, app glitches, and cyber attacks can jeopardize months of data.”

Ryder points to the July 2024 global IT outage as a prime example of technology’s vulnerabilities. “A faulty software update caused mass airline disruptions and impacted other industries, catching major corporations off guard. This incident highlights that even in our digital age, software isn’t infallible. For me, I simply won’t trust mileage tracking apps with my most important tax deduction.”

To address these concerns, Ryder developed a comprehensive, paper-based solution. “I spent two years perfecting The Big Mileage Form, tailoring it to the specific needs of food delivery gig workers,” he explains. “At 11×17 inches, it provides ample space for detailed record-keeping and, crucially, it’s immune to software glitches, data breaches, and ransomware attacks.”

Ryder’s meticulous paper-based record-keeping resulted in a mileage deduction exceeding $19,000 on his 2023 federal taxes. “All my business-related miles are thoroughly documented on paper. I’m fully prepared to defend this deduction in case of an audit. This level of confidence is what I aim to provide other gig workers.”

“In today’s digital age, sometimes the most secure solution is the simplest one,” Ryder concludes. “My form not only ensures data security but also prepares users for potential IRS audits. It’s time to reconsider the old-fashioned, but reliable pen-and-paper method.”

For those interested in learning more about effective mileage tracking and other aspects of gig work, Ryder offers valuable resources on GigCoach.net. These include a tutorial for consumers titled ‘Fair Deal Delivery,’ which provides insights on how to improve food delivery outcomes. Additionally, experienced food delivery couriers can explore Ryder’s gig coach training program. Visit GigCoach.net to access these resources and learn more about The Big Mileage Form.

Media Contact

Ed Ryder, Match Experiment LLC, 1 484-493-8740, hello@ideamaned.com, gigcoach.net

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SOURCE Gig economy expert Ed Ryder

Technology

DATA BREACH ALERT: Edelson Lechtzin LLP Is Investigating Claims On Behalf Of Ascension Health Customers Whose Data May Have Been Compromised

Published

5 hours ago

December 22, 2024

NEWTOWN, Pa., Dec. 22, 2024 /PRNewswire/ — The law firm of Edelson Lechtzin LLP is investigating claims regarding data privacy violations by Ascension Health (“Ascension”). Ascension learned of suspicious activity on or about May 8, 2024. To join this case, go HERE.

About Ascension Health

Ascension is a prominent non-profit health system in the nation and operates under Catholic principles.

What happened?

On or about May 8, 2024, Ascension detected unauthorized activity in its computer systems. Ascension initiated an investigation, which included retaining consulting cybersecurity experts and notifying the FBI. The investigation determined that between May 7 and 8, 2024, a cybercriminal accessed files containing personal information about Ascension’s patients and employees. This information included names, medical records, payment details, insurance information, government identification numbers, and other personal data such as dates of birth and addresses. Approximately 6 million individuals have been affected by this data breach.

How can I protect my personal data?

If you receive a data breach notification, you must guard against possible misuse of your personal information, including identity theft and fraud, by regularly reviewing your account statements and monitoring your credit reports for suspicious or unauthorized activity. Additionally, you should consider legal options for mitigating such risks.

Edelson Lechtzin LLP is investigating a class action lawsuit to seek legal remedies for customers whose sensitive personal and patient data may have been compromised by the Ascension data breach.

For more information, please contact:

Marc H. Edelson, Esq.
EDELSON LECHTZIN LLP
411 S. State Street, Suite N-300
Newtown, PA 18940
Phone: 844-696-7492
Email: medelson@edelson-law.com
Web: www.edelson-law.com

About Edelson Lechtzin LLP
Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving data breaches, our lawyers focus on class and collective litigation in cases alleging securities and investment fraud, violations of the federal antitrust laws, employee benefit plans under ERISA, wage theft and unpaid overtime, consumer fraud, and catastrophic injuries.

This press release may be considered Attorney Advertising in some jurisdictions. No class has been certified in this case, so counsel does not represent you unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing now. Your ability to share in any potential future recovery does not depend on serving as lead plaintiff.

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SOURCE Edelson Lechtzin LLP