In this quick TV interview, CEO of Aviva Spectrum, Sonia Luna, offers insights into why cannabis companies have limited access to banking. She discusses how cash transactions affect taxes, cryptocurrency, and the long-term solution to help cannabis companies. Currently, there are only a few providers that have an alternative to banking, such as eXpo founded by Larry Lipman, and Payqwick., founded by Keith Marks, and Ken Berke.
According to FinCen, a government banking watchdog, in its “Marijuana Banking Update” report, during the fourth quarter of 2017, less than 400 banking institutions are actually dealing in the cannabis industry right now of an approximately 12,000 registered banking institutions in the U.S. Sonia Luna, CEO of Aviva Spectrum and leading cannabis advisor shares in this TV interview some solutions such as money orders you can get from the US postal service or accessing private lending vehicles.
If you’re looking for a free cannabis accounting analysis with Sonia Luna, email us today at: Info@avivaspectrum.com..
BlackLine’s Value Proposition & Impact on my Staff
Have you ever
Ask yourself, “Why do accountants repeat the same manual accounting close process?”
Today, we have smarter ERP systems to
What if the close process is automated, your work is streamlined across the month or quarter instead of sharp peaks at period ends?
What if the bulk of your accounts are auto reconciled with a click!? And who wouldn’t love to have the obvious be matched automatically
so you have more time for those key strategic tasks, analytics, cross
What about your Audit Committee members- how much comfort will they have on the effective risk assessment making its way to your accounts and reconciliations?
OK, moving beyond just account close, there has been a magnifying glass on the accounting treatments and review processes- let’s not forget the SOX
Auditors. What if there was a system-driven
We here at Aviva Spectrum have put together a very short video to quickly introduce you to what a BlackLine environment means to your staff and its value proposition. Have a look at this brief 10 min video here...
Are you a cannabis cultivator looking to increase your profits? Meet Aviva Spectrum, the opportunity advisors! This quick video will explain how Aviva Spectrum can help you. ..
If you landed on this page you are likely an Accountant, Controller or CFO and are familiar with BlackLine BUT don’t know if it’s worth the time and money. After all, accountants are very numbers driven, and we like to know with certainty there’s a positive
ROI. But wait! What’s the BEST WAY to calculate BlackLine’s ROI?
Audits are rarely glamorous, but having a good internal auditing firm on your side can streamline your business and make your company more cost-efficient. Aviva Spectrum was founded on the principle of delivering the best experience to its clients, while still adding value to their financial process. NGLCC sat down with Sonia Luna to ask her a few questions about starting her certified LGBTBE, Aviva Spectrum, and a few tips for LGBT entrepreneurs looking to improve their companies.
Aviva Spectum in the Spotlight..
Making the right decision on what accounting or ERP package to use can seem daunting. After all, you are impacting the entire organization, as every part of the operations will eventually touch the numbers. ..
At Aviva Spectrum's August 30th BlackLine Live Event, we took a deeper dive into the three Admin roles of BlackLine. We answered the question: How do you
make the most of some abilities and best practices of these roles to have an optimized and customized BlackLine environment at your company? We all
would agree change is inevitable, but the knowledge of what to change and why empowers you- the admin. This session not only answered questions about
role based administrations and some new features introduced by BlackLine, but also provided a must have task list for administrators to follow through
for standardizing routine activities, use of BL reports to analyze the trends and performance to optimize your user activity, and improve your accounting
teams efficiency. All of this comes together to give you a much smoother accounting close.
SELF IDENTIFICATION + CERTIFICATION