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As we move into the summer of 2025, personalized client accounting services are becoming increasingly critical. Clients are no longer satisfied with one-size-fits-all solutions. They demand tailored services that address their specific needs and financial scenarios.
Earlier this year, we announced that Analytics powered by Syft, Xero’s new offering that integrates Syft’s small business features into Xero, was rolling out in early access to a select group of plans in the United States. After a very positive response from customers included in that preview, we’re continuing to build on our promise to empower small businesses and their advisors with the tools they need to make more informed business decisions by extending access to all US customers.
As companies expand, finance teams are often asked to process more transactions without a proportional increase in staff or resources. For accounts payable (AP) departments, this challenge presents a critical question: how can volume grow without compromising timeliness, accuracy, or oversight?
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
If you’re working in non-profit finance, be it as CFO, CEO, VP, or in procurement, you’re witnessing first-hand how 2025 has brought a wave of mounting demand and dwindling resources. So how do non-profits plan for tomorrow when today is so uncertain? The Crunch Is Real The Non-profit Finance Fund’s (NFF) 2025 State of the Non-profit Sector Survey , which polled 2,206 organizations , paints a stark picture: 85% expect increased service demand in 2025. 36% ended 2024 in the red—the
Client Accounting Services (CAS) has become a buzzword among business owners and financial professionals over the last few years. Yet, for all its growing popularity, CAS is often surrounded by confusion and misbeliefs. Many business owners underestimate the true value of CAS, assuming it’s nothing more than glorified bookkeeping or a service reserved for businesses in distress.
Client Accounting Services (CAS) has become a buzzword among business owners and financial professionals over the last few years. Yet, for all its growing popularity, CAS is often surrounded by confusion and misbeliefs. Many business owners underestimate the true value of CAS, assuming it’s nothing more than glorified bookkeeping or a service reserved for businesses in distress.
At Xero, our connection to the accounting and bookkeeping community is critical, and XPAC (the Xero Partner Advisory Council) plays a big part in that. We’re excited to introduce the new Australian XPAC FY26–27 cohort: 14 partners from across the industry who will work closely with us over the next year, providing invaluable insights to help shape how we continue to support our partner community.
The Leadership Challenge Behind AP Automation While the market frequently focuses on the capabilities of AP automation platforms, far less attention is given to the realities of managing the people expected to use them. The 2025 Accounts Payable Leadership Priorities Report underscores a persistent concern among financial leaders: teaching teams how to adapt to new tools often proves more difficult than selecting the tools themselves.
Key Takeaways: Identifying the right controller performance metrics is essential to evaluate operational efficiency and strategic alignment. A structured financial controller evaluation template provides consistency and clarity across performance reviews. Metrics such as DSO, cash flow forecasting accuracy, and budget variance are vital for measuring controller effectiveness.
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
Digits AI-native accounting platform has launched Digits Accounting Agents, embedding AI agents to run entire accounting workflows for firms on its Autonomous General Ledger® (AGL).
For small businesses, we know that efficient, accurate, and seamless workflows are non-negotiable — especially when it comes to making payments. After all, paying bills and managing cash flow are two crucial tasks, and when managed effectively hand-in-hand, small businesses thrive. But these tasks shouldn’t be a manual headache. We also know that more than 70% of US SMBs place a high importance on having their accounting and accounts payable software tightly integrated, but only a small mi
In conversations with our Account Managers, one theme continues to emerge: high-performing AP teams are focused on results that are measurable and repeatable. These teams aren’t just looking to automate for automation’s sake—they’re aiming to hit specific operational benchmarks that deliver tangible business value. From quality metrics to time and cost savings, the bar for what "good" looks like in accounts payable has never been clearer.
The Clearing House raised the real-time payments (RTP) transaction limit from $1 million to $10 million in February 2025. Since the increase, Bank of America (BofA) reports that transactions over $1 million now account for more than half the total value of U.S. real-time payments processed for corporate clients. Rival network FedNow raised its own limit from $500,000 to $1 million on June 24, 2025.
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.
Days Sales Outstanding (DSO) is a crucial financial metric that evaluates how effectively a company collects cash from its credit sales. Simply put, DSO measures the average number of days it takes for a business to collect payment from its customers after a sale has been made. For CFOs and financial managers, understanding and optimizing DSO is essential to maintaining healthy cash flow, minimizing liquidity risks, and ensuring the company’s operational efficiency.
Watch: Smarter Spending & Budget Control with Advanced AP Automation for Charities Fill in the form to access the on-demand recording of our webinar session looking specifically at how UK Charities are saving time and money with smarter AP automation. Name Work Email Address Job Title Watch the video Watch: Smarter Spending & Budget Control with Advanced AP Automation for Charities The post Empowering Resilience: How Charity Leaders Foster Financial Strength first appeared on Compleat So
Let’s face it: managing accounting of your small-to-medium business in-house can be a challenge. You’re juggling endless spreadsheets. Tracking expenses. Meeting tax deadlines. All while trying to actually run your business. But here’s the thing… Outsourcing your accounting isn’t just a convenience anymore — it’s becoming a competitive advantage in 2025.
In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.
From a Press Release dated June 11, 2025, Philadelphia, Pennsylvania Matera , a leading financial technology provider, has partnered with Circle , the global issuer of the USDC stablecoin, to integrate stablecoins as a mainstream payment method within core banking systems. This marks the first time a banking technology provider in the region has natively integrated USDC, aiming to bridge digital currencies and traditional financial systems.
The Board fined Deloitte Netherlands, PwC Netherlands and EY Netherlands a total of $8.5 million after finding widespread exam misconduct on internal training tests.
Running a solo bookkeeping or accounting practice is rewarding but comes with unique challenges, especially when it comes to managing unexpected disruptions. Unlike larger firms that have teams to fall back on, solo bookkeepers bear the full weight of their business and client responsibilities. This means that if you face a sudden medical emergency, family crisis, or any unforeseen event, your clients’ financial operations—and your income—could be at risk.
The role of the CFO has expanded dramatically in recent years, and with it, the expectations for financial leadership. The ability to thrive amidst volatility is a key trait for modern CFOs. In a time of unpredictable global events, a clear and adaptable financial strategy is essential for navigating challenges head-on. CFOs who stay agile can lead their organizations to new opportunities, driving business results through innovation and collaboration.
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.
Starting a new business relationship is much like entering a romantic relationship. You have boundless optimism, a sense the relationship will go on forever, and feelings of the same vision for the future. What could possibly go wrong? If you enter into a relationship (professional or otherwise) with mismatched expectations between you and the other party, it’s a recipe for disaster.
In today’s economic environment, few priorities are more critical, or more within your control, than improving how quickly you convert accounts receivable (AR) into cash. When working capital is tight, the strength of your quote-to-cash (Q2C) process becomes a direct reflection of your company’s financial agility. Yet in many organizations, AR collections remain reactive, fragmented, or overly dependent on customer goodwill.
Senate Democrats are mounting a last-ditch effort to reshape the Republican tax reconciliation bill using the remaining procedural tools at their disposal as the legislation heads toward a potential floor vote the week of June 23.
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.
What if the very foundation of accounting is broken? In my latest Earmark Podcast episode, I explore this thought-provoking question with Tom Selling, an expert on SEC compliance, GAAP, IFRS, and more. Tom argues that historical cost accounting creates a "truth in labeling problem" that enables management to manipulate the system while overlooking economic reality.
If you’re leading a firm right now, you’ve likely felt the tension: you want your people in the office. But the talent you’re trying to hire? They still want flexibility. This clash between remote vs onsite accounting jobs has become one of the most challenging issues in today’s hiring landscape. At Accountingfly, this tug-of-war shows up in nearly every client conversation.
Get ready for a front-row seat to the transformation of business information. In this episode of Credit on the Go , host David Schmidt sits down with Rich Ferrara, former Dun & Bradstreet executive and business data consultant, to unpack how digital innovation, AI, and fintech are reshaping the industry. Discover why the explosion of new data vendors and emerging use cases, from credit and supplier risk to KYC and fraud prevention, compliance, and B2B marketing, are changing how companies as
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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