Trending Articles

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Restaurant Name Generator (+ How to Find the Perfect Name)

Fit Small Business

Choosing a restaurant name can feel like a daunting task. Our restaurant name generator gives you dozens of possibilities of restaurant names—and the steps below show you how to use them to find the perfect name for your restaurant. Enter your name, type of food, and location in the fields below to get started. *This. The post Restaurant Name Generator (+ How to Find the Perfect Name) appeared first on Fit Small Business.

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Unleashing Cost Savings with AP Automation: A Comprehensive Guide

Ascend Software blog

Accounts Payable (AP) automation is revolutionizing the way businesses manage their invoice and payment processes. By replacing manual tasks with automated systems, AP automation can generate significant cost savings and efficiency improvements. But what do these savings look like in real terms? This blog post delves into the research and survey data to provide a comprehensive picture of the cost benefits of AP automation.

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Every Payment Is A Conversation #ExpensiCon

Cloud Accounting Podcast

We're back from ExpensiCon in Italy with thoughts on Expensify's future and the future of spend management; a report from Kristen Keats at Accounting Today's Firm Growth Forum conference; ChatGPT coming soon to a Wendy's drive-thru near you! Sponsors CCH Access - [link] SuiteFiles - [link] Client Hub - [link] Chapters (00:25) - Every Payment Is A Conversation (01:11) - Blake and David are back from Italy (05:01) - Let’s talk about ExpensiCon (10:09) - The original Expensify and ExpensiCon (12:36

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Highlights from this year’s Xerocon Sydney agenda

Xero

In just a few months, we’re heading back to Sydney’s iconic Darling Harbour for Xerocon 2023! On 23 and 24 August, we’re bringing our partner community together from across the globe for two inspiring days. So what can you expect? As the world’s most beautiful and innovative conference for cloud accounting leaders, this is your opportunity to see world-class speakers and entertainers, hear thought-provoking updates from Xero’s leadership team, and take home practical learnings from the Xero show

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Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC

In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.

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Partnership Distributions and Guaranteed Payments: what’s the difference?

Reconciled Solutions

For small business owners operating as partnerships, understanding the intricacies of partnership distributions and guaranteed payments is crucial. The post Partnership Distributions and Guaranteed Payments: what’s the difference? appeared first on Reconciled Solutions.

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Unveiling the Top Pains of Accounts Payable: Overcoming Challenges for Efficiency

Ascend Software blog

In the realm of financial operations, accounts payable holds a crucial role. However, it is not without its fair share of challenges. Managing invoices, payments, and vendor relationships can be a complex and labor-intensive process, prone to various pains that hinder efficiency and accuracy. In this blog, we will explore the top pains of accounts payable and discuss strategies to overcome them.

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4 Essential Tools That Can Set A Business Up To Scale

Accounting Department

In today's fast-paced business environment, organizations must leverage the right tools and technologies to stay competitive and achieve sustained success. Efficient management of enterprise resources is critical for smooth operations and growth.

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Four ways small businesses can work smarter in Xero this EOFY

Xero

It’s often said that (almost) no one goes into business to do their own accounting. So it’s no surprise that many entrepreneurs lean heavily on a trusted advisor for support, particularly around busy times like EOFY when tax, compliance, payroll and other business obligations come into play. For those on the Xero platform, collaborating with your accountant or bookkeeper is simple via the cloud.

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Late Paying Clients - It's not Personal

Enterprise Recovery

When you're growing a business, a late-paying client can be frustrating. You have to dedicate time and resources to figure out what happened and why. You have to pull yourself together enough to have a conversation about money - something that's not easy for many people. The most important thing to remember is that your business fulfilled its part of the deal, and now your client owes your business.

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Cash management strategies for small business survival

Plooto

Smart cash management strategies are required for businesses of all sizes to succeed. Small businesses are particularly vulnerable to running out of cash due to economic downturns, poor cash flow management , and inadequate long-term planning.

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Putting the ‘Tech’ in Spend Management Techniques

Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker

If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. And while this may sound like great news for you and your clients, it won’t be worthwhile unless you have the latest techniques to back up your ambitions!

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The Prime Rate: What It Is & Why It Matters

Fit Small Business

The prime rate is the interest rate that banks charge their best customers. It’s commonly used as a basis for determining rates for other types of loans, such as credit cards, lines of credit, mortgages, commercial real estate loans, and hard money loans. Typically, it’s 3% higher than the federal funds rate, a figure that. The post The Prime Rate: What It Is & Why It Matters appeared first on Fit Small Business.

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Choosing the Right ERP System for a Growing Business

Accounting Department

As a business grows, it's critical that the systems supporting it are capable of supporting that growth. Using dated manual processes, Excel files, or archaic systems to run a business will quickly catch up to any business owner during periods of growth. It can even go as far as hindering growth due to its inaccuracies and inefficiencies.

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Soft close definition

Accounting Tools

Related Courses Closing the Books The Soft Close The Year-End Close What is a Soft Close? A soft close is defined as closing the books using an abbreviated closing procedure. By using a soft close, the accounting department can issue financial statements very quickly and then return to its normal day-to-day activities. This enhanced closing speed comes at a cost, for the accuracy of the financial statements is reduced by the various revenue and expense accruals that are normally included in a mo

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It’s about you and all that you do: Xero Singapore Awards 2023

Xero

Back for another year, the Xero Singapore Awards are all about celebrating the incredible commitment and achievements of our accounting and bookkeeping partners who work tirelessly to help Singapore small businesses thrive. As our first ever in-person Awards event, we have planned a very special evening to come together to honour you, the extraordinary work you and your team do, and to spotlight the innovation, resilience and perseverance this community has demonstrated over the year.

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Bookkeeping Catchup: Get Back On Track

Less Accounting

Being your own boss can feel like a daunting task, especially when it comes to keeping track of your finances. Bookkeeping is an essential part of managing any business and staying on top of your financial records can make or break your success. That being said… There may come a time when you fall behind on your bookkeeping. This can lead to stress and bigger financial issues down the road.

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Hanmi Bank Business Checking Review 2023

Fit Small Business

Hanmi Bank is a traditional bank with three business checking accounts. Its Smart Business Checking has no monthly fees, while its Regular Business Checking and Business Super Plus Checking offer waivable fees and unlimited deposits. Only Business Super Plus Checking lets you earn interest, but all accounts come with a free business debit card that.

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Tax Savings with a Personal Tax Accountant

Billah and Associates

Utilizing deductions and credits while strategically scheduling income and spending can help you lower your tax obligation. Income tax planning entails examining your financial condition and the IRS tax law to reduce your tax burden. Several strategies for reducing your income taxes include delaying income and accelerating deductions or managing the timing of revenue recognition.

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How to Choose the Right Invoicing Software for Your Business Needs

Invoicera

Invoicing is known as an essential part of running any business, big or small. Invoicing software has made the invoicing process Simpler Faster More efficient Allowing businesses to focus on their core operations. Did you know? The Invoice Automation Software market was worth $2,286.3 million in 2021 and is expected to reach $7,188.8 million by 2030 with a projected annual growth rate of 14.26%.

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Ep. 225: Unraveling ESG: Understanding Environmental, Social, and Governance Factors in Business – Part 2

IMA's Count Me

Get ready for part two of our insightful ESG (Environmental, Social, and Governance) discussion on the Count Me In podcast. Our expert panel, Douglas, Dan, and Catie, unpack the pressures and fraud risks inherent in ESG reporting, offering invaluable insights gleaned from real-world scenarios. But it's not just about identifying risks; they also provide practical guidance for those embarking on their ESG journey.

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Why Cost Optimization Should Be More Like Pulling Levers, Not Using Scissors

CloudZero

The cloud, as we know it today, was created as recently as 2006. For most of its lifespan since then, companies have been throwing money at cloud services with abandon.

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How to Rename PDF Files Based on Content

Nanonets

Why Rename PDF Files based on their content? * PDF files shared between organizations are named haphazardly. * The file names often have nothing to do with the data they contain. * This makes it hard to keep track of documents and identify them. * Precious man-hours are spent in renaming and organizing such documents for convenient reference. *This allows users to identify files more quickly, and get some information about the documents without having to open them individually.

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Why It’s Important to Choose Your NetSuite AP Automation Software Carefully

NextProcess

NetSuite is the #1 Cloud ERP Software available. If you’re among their more than 28,000 customers worldwide then you already know what a wonderful tool it can be. If you’ve been running NetSuite for a while, though, you might have also noticed it has some limitations. Most ERPs do. ERPs like NetSuite offer some level of automation, but the workflows aren’t easy to customize for every single one of the financial processes that happen in your company.

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The 1 Word Solution That Eliminates Stress at Your Firm

Future Firm

In today’s episode, we’ll address employee turnover in firms and the solution of adding redundancy through cross-training and standard operating procedures to ensure smoother operations in your firm. If you want a simple one-word solution to get rid of stress at your firm, listen below. 0:49 – High employee turnover in the firm caused extreme stress, financial loss, and uncertainty in client work delivery, especially if a specialist quit. 1:32 – Adding redundancy through

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Top 10+ Best Practices for Cloud Cost Optimization

Economize

This comprehensive guide explores the top best practices for cloud cost optimization, offering insights and actionable steps that apply to both AWS and GCP.

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Snowflake Review: Why CloudZero Went With Snowflake

CloudZero

Every day, CloudZero helps SaaS companies understand their cloud environments and take consistent steps forward on the journey to cloud cost maturity. We discuss this a lot on our blog.

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App Partner Stories: Make the most of the small business summer rush by preparing ahead of time

Xero

With the busy summer season approaching in the northern hemisphere, many small businesses are gearing up for the busiest time of the year. And while the increase in customers provides a nice boost in revenue, the summer months also bring unique challenges. If your small business is one that experiences heavy traffic during the summer season, you’re likely preparing to meet the steep demand while also keeping your team motivated and focused.

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Transform Data into Actionable Insights with Machine Learning Bookkeeping

LedgerDocs

In recent years machine learning has been improving the way that we approach bookkeeping. It allows businesses to extract actionable insights from their financial data easier and faster. ML-powered bookkeeping and document management systems have the ability to transform raw financial data into valuable reports that help drive more informed decision-making.

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How to Buy a Mobile Home in 8 Steps

Fit Small Business

Buying a mobile home or buying a trailer home is a great real estate investment for those who want a more cost-effective alternative to buying a traditional home. Depending on its size, condition, and features, it can cost from $10,000 to more than $100,000. Note that mobile homes have specific mortgage and land regulations that. The post How to Buy a Mobile Home in 8 Steps appeared first on Fit Small Business.

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AWS RDS Pricing Guide – Storage, Instances & Deployments

Economize

We break down the nuances of AWS deployments pricing, offering detailed comparisons and insight into the cost structure of various Amazon RDS services, including AWS RDS for MySQL, PostgreSQL, Oracle, and SQL Server.

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Mapping Out the Best P2P Solution for Your Company

NextProcess

When was the last time your organization reevaluated the procure-to-pay (P2P) process? If it’s been a few years—or no one’s ever taken a strategic look at the whole process, then mapping out the best P2P solution for your company can help your business save money and improve the whole procure-to-pay process. The P2P process of working with suppliers, identifying the best purchases, placing orders, receiving goods, processing invoices, and making payments is a vital part of doing business.

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Adams O’Rourke scoops Sole Practitioner of the Year at the 2023 Xero Awards UK & Ireland

Xero

With another epic Xero Awards evening behind us, it’s time for us to reflect on the success of our accounting and bookkeeping community. Judged by Xero leadership and a panel of guest judges from across the accounting industry, the 2023 Xero Awards programme for the UK & Ireland celebrated the rockstar accountants, bookkeepers and app partners across the region.

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Pro Wrestling, Anime, and Financial Modeling with Ariel Menche

Earmark Accounting Podcast

Ariel Menche recounts his FP&A journey - from his tenure with KPMG and the WWE, to FP&A consulting to startups. His strategic financial advisory story highlights valuable FP&A lessons, including insights about data's impact on a CFO's role and establishing best practices for financial model development. Sponsor Check our Sponsor LiveFlow — Advanced Financial Reporting on Autopilot Sign up to get free CPE for listening to this podcast [link] Download the Earmark CPE App Apple: [link

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6 Best Text Messaging Services for Business in 2023

Fit Small Business

The best text messaging service for business lets users send bulk short messaging service (SMS) and multimedia messaging service (MMS), supports two-way texting, and automates message delivery. It offers a dedicated virtual phone number and allows texting customers overseas. It integrates with customer relationship management (CRM) and productivity tools, making it easy for users to.

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The Components of Momentum with Jeff Jacobs

Jetpack Workflow

Podcast Summary Today we welcome back guest Jeff Jacobs where we talk through some interpersonal conversation that dives much deeper than the accounting business itself. Jeff and David cover momentum, self assessment, breaking chains, and much more. From Today’s Episode Wilkin’s Miller Should Accounting Firms Pause New Client Acquisition? Jeff Jacobs Jeff is a returning guest on our podcast where we previously covered client acquisition, retention, and expansion.

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Voting for 2023 Top 100 Ends Tonight

Insightful Accountant

This is the last day you may cast your ballot for up to three ProAdvisors from the list of qualified candidates for Top 100. Voting closes at 23:59:59 (PST) Tonight.

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