Nanonets

AUGUST 1, 2023

The era of automation has brought about a revolution in various industries, and the audit sector is no exception. The integration of Artificial Intelligence (AI), cloud-based data storage solutions, and data analytics tools is set to transform the audit industry, reshaping the way accountants and auditors carry out their tasks.

Auditing 40

Auditing Data Entry Purchase Order Computation 40

NextProcess

JANUARY 19, 2023

How do you use the data you’re collecting about travel and expense (T&E) in your company? Plus, SaaS BPA solutions collect data automatically and make it easy to run reports to use in strategic planning. Electronic expense reporting happens with audit requirements programmatically enforced.

Expense Reports 52

Expense Reports Collections Budgeting Auditing 52

MineralTree

MARCH 16, 2023

When it comes to ACH payments, it’s not only a hassle for your team to collect and update vendor bank account information, but this process also exposes your business to greater fraud risk. As a result, AP teams must proactively protect their businesses and minimize ACH payment fraud. billion in total and $109,000 per fraud incident.

Accounts Payable 88

Accounts Payable Accounts Payable AP Data Entry 88

Nanonets

JUNE 22, 2023

Compliance and audit readiness Reconciled invoices provide a solid foundation for compliance with regulatory requirements and internal audits. This helps them stay compliant with legal obligations and be well-prepared for external audits or reviews. Ensure that you have a complete set of records to compare and match.

Invoicing 52

Invoicing Reconciling General Ledger Data Entry 52

Gaviti

MARCH 10, 2024

from 2021 to 2022 – the largest decrease since 1994-1995. Those who do choose to pursue accounting as a degree have options. Collection Analytics. Maintain comprehensive document management for a complete history of payments and records for future analysis or audits. Customer Self-Service Gateway.

Accounting 52

Accounting Accounting Accounts Receivable Accounts Receivable 52

Nanonets

MARCH 23, 2023

These roles will complement the tasks performed by cognitive technology and ensure the work of machines is effective, responsible, fair, transparent, and auditable. The Great Resignation of 2021, which saw 4 million employees quitting their jobs , was largely driven by a lack of connection and poor employee experience in jobs.

AR 105

AR Customer Service Data Entry Collections 105

IMA's Count Me

FEBRUARY 6, 2022

The global pandemic in 2020 and 2021 has shifted how finance and accounting professionals work in a virtual environment. And even when you're talking about accuracy of data it does make me think of the auditor who is trying to audit all of your books and all of those things.

Auditing 40

Auditing Budgeting AR Accounting 40

Nanonets

NOVEMBER 14, 2023

billion in 2021 to USD 7.5 This transparency allows for better tracking, auditing, and financial planning.   In an era where digital transformation is reshaping every aspect of business operations, the role of Accounts Payable (AP) is also undergoing a significant evolution. billion by 2030 at a CAGR of 12.5%.​​

Accounts Payable 52

Accounts Payable Accounts Payable AP Invoice Processing 52

CapActix

OCTOBER 10, 2023

This advanced software offers a comprehensive range of features, including payroll management, report generation, expense tracking, and even tools for auditing and tax preparation support. Investing in the best accounting software for CPAs and accounting firms designed to facilitate the operations of accounting business is a prudent decision.

Accounting Software 52

Accounting Software Accounting Accounting Data Entry 52

AvidXchange

OCTOBER 11, 2022

In fact, according to the Association for Financial Professionals’ 2021 Payment and Fraud Control Survey , paper checks continue to be the top vehicle for payment fraud. Remember to include costs for audit fees, lost supplier discounts, mailing and printing, payment mistakes, equipment and more.

AP 52

AP Accounts Payable Accounts Payable Invoicing 52

Nanonets

MAY 30, 2023

 The World Bank reports that two-thirds of adults worldwide make or receive a digital payment today, with the share in developing economies growing from 35% in 2014 to 57% in 2021. Schedule a Demo Benefits of ePayments The obvious benefit of electronic payments to both businesses and individuals is convenience.  Less

Accounts Payable 52

Accounts Payable Accounts Payable Purchase Order AP 52

IMA's Count Me

JANUARY 23, 2022

Because at the European commission, in our analysis, that supported why we needed digitization was actually drawn from some of our research within that documentation in that paper. Liv: (10:09) But we also need data management to collect data that is like cost enabled. There is lots of it out there, but how do you find it? Okay, great.

Management Accounting 40

Management Accounting Auditing Collections Accounting 40

Cloud Accounting Podcast

APRIL 28, 2020

Then, it was all hands on deck for a lot of other processes, like financial reporting, or FP&A, or audit prep, or what have you. [00:07:35] The challenges we had was, as we scaled, we added more, and more people to the team. It was all file cabinets, and that's exactly how you get to the audit room in the back. This is nuts.

Auditing 40

Auditing Accounting Accounting XERO 40

Nanonets

AUGUST 6, 2024

Project 'Solar Innovations' was led by Sarah Johnson from the Sustainability Team and concluded in December 2021 with the development of a solar-powered charging station prototype. It allows for lead collection, daily conversation summaries, and integration with other tools like Zapier, Slack, and Messenger.

QuickBooks 52

QuickBooks Purchase Order Invoicing Customer Service 52

IMA's Count Me

DECEMBER 4, 2022

And then collect those six basic pieces of information. I don't care if they're not very comparative for one year, I'm not restating 2021 if I don't have to." Adam: For sure. I think, I know of one situation, where someone went back and restated prior years. Almost everyone is like, "Whew, I'm not doing that.

Accounting 40

Accounting Accounting Financial Statements CPA 40

Cloud Accounting Podcast

MARCH 18, 2022

Go here to create your classified ad: [link] Full Transcript Available Upon Request - info@cloudaccountingpodcast.com Lack of IRS audits hurts CPAs; IRS to hire as many as 10,000; Brazillian accounting firm raises $160 million; QuickBooks enters restaurant niche; and more Hit the link below to get more info.

Accounting 40

Accounting Accounting Auditing Computation 40

TOA Global

FEBRUARY 7, 2023

The number of occupations experiencing shortages in Australia rose from 153 to 286 in a single year, 2021 to 2022. He warned that failure to find sufficient talent could significantly impact the proper functioning of Australia’s taxation system and the smooth collection of revenue for the commonwealth. The US is facing $8.5

Corporate Finance 52

Corporate Finance Financial Statements CPA Financial Reporting 52

Accounting Today

JULY 3, 2025

When the agency began trying to collect the fraudulent refund, she took several steps to thwart collection. Reed made about $378,026 in fees for the 2017 to 2021 tax years. The form falsely reported that Heart had received income from a financial institution of more than $2.4 million, from which over $1.2

Tax 162

Tax Deposits Corporation Tax Auditing 162

Cloud Accounting Podcast

MAY 18, 2020

Well, do you remember how Mnuchin was threatening to audit every business that got a PPP loan? Then, Mnuchin started saying, "We're gonna audit people over 2 million; businesses over $2 million in PPP money are definitely gonna get audited." Then, they started saying that everybody's gonna get audited potentially.

Payroll 40

Payroll Billing Deposits Accounting 40

Cloud Accounting Podcast

JUNE 1, 2020

They just don't have the manpower to audit even a tiny fraction. So, maybe that's all they'll do is do a tiny fraction, and the rest will just get automatically approved, or they'll approve them conditionally, and then reserve the right to go back and audit years later. They don't know if they're gonna have. They're already in debt.

Tax 40

Tax Billing QuickBooks Payroll 40

Cloud Accounting Podcast

JULY 14, 2020

The real takeaways in this is A) people are gonna be doing forgiveness applications all the way in 2021; then, they're kind of half-hinting that we're gonna see a lot more clarity and more sophisticated forgiveness tools and finally, more complete guidance. David Leary: [00:15:52] A couple of things that are interesting.

XERO 40

XERO QuickBooks Tax Billing 40

Cloud Accounting Podcast

SEPTEMBER 15, 2020

CFO 07:41 – Auditors Struggle to Access Data, Count Inventory During Remote Work – Wall Street Journal 07:47 – 8 things to know about the audit evidence standard – AICPA 09:17 – DOJ: 57 Charged With Alleged PPP Fraud – PYMNTS.com 10:10 – More on Liar Loans – Wikipedia 11:52 – Quickie lender Kabbage doled out billions in PPP loans.

Tax 40

Tax Payroll Financial Statements Bookkeeping 40