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Financial management is the backbone of any business, enabling owners to steer toward growth, stability, and long-term success. However, as businesses evolve and financial complexities escalate, choosing the right accounting model becomes a pressing decision. Should you rely on in-house expertise or entrust an outsourced accounting service? With rapid advancements in technology, talent shortages, and the rise of remote work, this decision is even more significant as we approach 2025.
The Legacy Automation Problem Enterprise finance has outpaced the platforms built to support it. Automation was supposed to simplify invoice processing — faster approvals, fewer errors, cleaner workflows. But for many organizations, it’s introduced a different kind of inefficiency. Most AP automation tools are built on fixed templates, rigid routing paths, and logic that assumes your business will operate the same way tomorrow as it does today.
The Top 15 Accounting Conferences to Attend in 2025 Staying ahead in the finance industry takes more than just crunching numbers. It also requires keeping up with emerging trends and constantly sharpening your skills—often through networking opportunities. That’s where accounting conferences come in. These events bring together top minds in tax, audit, and financial technology, offering insights that can shape the future of your career.
Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te
The 2025 Financial Year is almost at an end, so there has never been a better time to prepare. A great first step on your EOFY preparation journey is to review your payroll finalisation. Getting a head start on your organisation’s payroll ensures your July is as easy as possible. Not sure where to start? You’ve come to the right place. Whether this is your first payroll finalisation, or your hundredth, blast past your tax time stress by following our handy list of steps. 1.
Fifty-two percent of accountants expect their firms to shrink in headcount by 20% in the next five years, according to a report by the Indiana CPA Society.
As we move through the 2024–2025 academic and financial year, academy trusts (MATs and SATs alike) are preparing for one of their most critical financial compliance exercises, the Budget Forecast Return (BFR). This annual submission to the Department for Education (DfE) is more than just a formality, it provides the government with a detailed financial picture of each trust’s position and sustainability over a multi-year horizon.
As we move through the 2024–2025 academic and financial year, academy trusts (MATs and SATs alike) are preparing for one of their most critical financial compliance exercises, the Budget Forecast Return (BFR). This annual submission to the Department for Education (DfE) is more than just a formality, it provides the government with a detailed financial picture of each trust’s position and sustainability over a multi-year horizon.
Discover what senior finance leaders really want from AP automation in 2025. Based on new market research, this blog explores why most solutions fall short—and how Ascend delivers the seamless integration, ROI clarity, and intelligent automation they’re asking for.
Giovani, a Polytechnic High School senior, is graduating high school with a spatula in one hand and big dreams in the other. He’s part of the Intuit Food Truck Program at his school in Los Angeles, CA. This free program provides students with hands-on business experience using an Intuit donated food truck, curriculum, grants, and Intuit’s QuickBooks Online and Mailchimp products.
We’re fast approaching the 2025 Xero Asia Awards ceremony in August! With nominations closing on 20 June, it’s now or never if you’d like to submit your entry and be a part of this highly anticipated night. What are the Xero Asia Awards? A Quick Recap Every year, the Xero Asia Awards recognise the very best in our partner community across the region, honouring their efforts to drive digital accounting forward and enable SMEs across the region to thrive.
Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i
Understanding key performance indicators (KPIs) like return on equity (ROE) is essential for finance professionals, especially those in the CFO’s office. DuPont Analysis is one of the most effective methods for breaking down ROE into its components and uncovering the drivers behind a company’s profitability. Originally developed by DuPont in the 1920s, this robust analytical framework helps businesses see the bigger picture of their financial health and understand where to focus their effo
In recent years, the finance function in higher education has quietly become one of the most operationally strained areas across institutions. Behind the scenes, accounts payable (AP) teams are managing increasing volumes of invoices, dispersed across departments, campuses, and sometimes even continents — all while working with outdated systems and lean staffing models.
What is a data engineer, and what do they do? Your online orders. Your favorite playlists. Even your personalized news feed. It all runs on data. But raw data on its own doesn’t deliver those experiences. It has to be collected, cleaned, and moved into place. That’s where data engineers come in. But what is a data engineer, exactly? Simply put, they’re the people who make sure data gets where it needs to go in a clean, reliable format that’s ready for action.
When reviewing a company’s financial statements to determine an appropriate credit limit, there are a multitude of things to consider. Trends related to revenue, profit, and equity, for example. Reviewing the relationship between key financial factors enables you to dig into the details and have a better perspective on how a company is performing.
Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.
In today’s rapidly evolving business environment, CFOs are critical in steering their organizations toward growth, profitability, and long-term success. One of the most essential tools in a CFO’s strategic arsenal is the Return on Equity (ROE)—an essential Key Performance Indicator (KPI) that evaluates how well a company uses its equity capital to generate profits.
The Basics of Payment Systems in Business As modern commerce continues to evolve, businesses are adopting more efficient and customer-friendly ways to receive payments. Among the most commonly used digital payment systems in the B2B landscape are credit card payments and ACH (Automated Clearing House) transfers. These systems not only accelerate cash flow but also streamline the payment process, reducing friction in the order-to-cash cycle.
How to become a data scientist Data scientists are in high demand—and for good reason. Companies rely on them to turn large, messy datasets into insights that drive smarter decisions. It’s a role that offers strong job growth, competitive pay, and the flexibility to work across industries (and even remotely). In fact, data scientists command a median salary in the six figures ($112,590), according to US Bureau of Labor Statistics data.
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By Robert DiNozzi Merchant Cash Advance (MCA) agreements have become a prevalent form of alternative financing, particularly among small and distressed businesses. Marketed as sales of future receivables rather than traditional loans, these agreements allow funders to withdraw fixed daily or weekly payments directly from a business’s bank account until a predefined “purchase amount” has been satisfied.
A recent report from CPA.com says that semi-autonomous AI bots are already completing bookkeeping workflows start to finish, fully automating the process.
Recurring transactions in QuickBooks Online is just another way the bookkeeping tool can save you time and keystrokes. The post Tired of Typing? Use Recurring Transactions In QuickBooks Online appeared first on Reconciled Solutions.
As a CPA or accounting firm, you’re always looking for ways to add value to your clients, especially when it comes to their financial operations. One of the best ways you can assist your clients in this area is by helping them hire a remote Controller or Bookkeeper for their in-house positions. More companies are seeking to hire remote financial talent.
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
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In this episode of the "Credit on the Go" podcast, sponsored by the Trade Credit and Liquidity Management newsletter, host Bob Shultz welcomes Paul Hill, CEO of JSI Analytics, to explore how shifting consumer spending trends are influencing the financial performance of companies across the United States. Drawing on JSI's proprietary data and analytic tools, the discussion delves into how inflation and rising interest rates are reshaping purchasing behaviors across different income groups, impact
Youve decided to open a bookkeeping business, but you might be wondering how to get started. In this article, well outline the steps to build your business so you can get up and running and build a full client roster. But first, there is one action to take before you do anything else. Naturally, getting paying customers is the most important part of starting any business, and this is also true for your own bookkeeping business.
Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.
Watch: Control & Streamline Business Purchases with Compleat & Amazon Business Fill in the form to access the on-demand recording of our webinar session looking specifically at how Compleat customers can save time and money with our integration with Amazon Business. Name Work Email Address Job Title Watch the video Watch: Control & Streamline Business Purchases with Compleat & Amazon Business The post Control & Streamline Business Purchases with Compleat & Amazon Busine
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The vulnerability of applicants, customers, and their customers to cyberattacks should be a major concern of credit executives. Cyber-risks are a core vulnerability that your counterparts in Third Party Risk Management (TPRM) and Supply Chain Management (SCM) are already tracking. You should do the same. Cyberattacks are being perpetrated on customers of all sizes and industries.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
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