Accounting Department

DECEMBER 26, 2023

Small and medium-sized businesses (SMBs) are essential to the economy, accounting for more than half of all jobs worldwide. In recent years, several trends have impacted how SMBs operate, and we can expect even more changes to come in 2024. To prepare for the future, businesses must be aware of these shifts and adapt accordingly.

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Accounting Accounting 217

Outsourced Bookeeping

FEBRUARY 8, 2023

Accounts receivable and business collections are essential components of any business. As the year 2023 approaches, new accounts receivable trends and collection strategies will become increasingly important to ensure a healthy cash flow and financial stability.

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Accounts Receivable Account Receivables Accounts Receivable Collections 52

Outsourced Bookeeping

FEBRUARY 8, 2023

Accounts receivable and business collections are essential components of any business. As the year 2023 approaches, new accounts receivable trends and collection strategies will become increasingly important to ensure a healthy cash flow and financial stability.

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Accounts Receivable Account Receivables Accounts Receivable Collections 52

Xero

AUGUST 25, 2024

At this year’s Xero Roadshow, we’ll share how technology, trends and changes will help us all deliver on this goal. The future of accounting with AI and more Artificial intelligence (AI) is changing the game, and we’re here to show you how it can supercharge your services. And don’t miss out on meeting our app partners.

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Ace Cloud Hosting

MAY 13, 2024

In today’s ever-evolving landscape, technology is transforming the way of doing accounting business. An enormous technological revolution in the past few years has impacted various business operations. Now, you don’t.

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Accounting Accounting 52

Xero

JUNE 13, 2024

Although Xerocon is a chance for us to update everyone about the industry trends we’re seeing, and the new product features we’ve been building, it really is about the people. We showcased not only how AI is being used in the accounting industry, but also how it can deliver highly personal experiences. appeared first on Xero Blog.

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XERO Bookkeeping Accounting Accounting 186

Xero

FEBRUARY 1, 2024

Here are five interesting (and somewhat concerning) trends in these reports that compare and contrast the results across the six countries. The post Five cash flow trends impacting small businesses appeared first on Xero Blog.

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Accounting Department

MARCH 28, 2024

This is where client accounting services come into play. In this blog post, we will explore how client accounting services (CAS) streamline financial processes for businesses, highlighting the benefits of outsourcing accounting functions to improve efficiency and reduce administrative burdens.

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Financial Reporting Invoice Processing Accounting Accounting 218

Xero

OCTOBER 24, 2022

With just two weeks to go ’til Xero Singapore Roadshow, we are buzzing with all that we have in-store for our accounting and bookkeeping community. Opening the day, Managing Director of Xero Asia, Koren Wines will unveil some topline findings from our annual Singapore State of Accounting Industry Report. Benchmark your practice.

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XERO Bookkeeping Accounting Accounting 239

Xero

OCTOBER 2, 2024

Payment times rose during the pandemic – a trend not generally seen elsewhere in the XSBI data – but have since improved British Columbia was the province most impacted during the pandemic lockdown period, probably due to its exposure to international trade and tourism.

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Xero

MARCH 17, 2024

But what’s often missing from this coverage is how these trends are affecting small businesses. That’s why I took the stage at the recent Xero Summer Series to talk to advisors like you about Xero Small Business Insights (XSBI) — covering the latest data and how it can be used by accounting and bookkeeping practices.

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XERO Bookkeeping Accounting Accounting 161

Xero

DECEMBER 13, 2023

To help small businesses and their advisors plan ahead, I’ve looked at separating the hype from reality to uncover the top five technology trends that may impact the small business landscape in 2024. The ISSB standards could very well bring in a new era of compliance and become the basis of accounting standards in 2024.

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Xero

NOVEMBER 9, 2023

With a week to go ’til Xero Asia Roadshow, we are buzzing with everything we have lined up for our accounting and bookkeeping community. This latest research, surveying Singapore’s accounting and bookkeeping industry, looks at the trends, challenges and opportunities shaping the industry today.

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XERO Bookkeeping Accounting Accounting 204

Xero

JANUARY 14, 2024

Trend #1: The cost of AI will need to be managed The next big thing for AI will be cost — or rather, how to contain the runcost of AI. Trend #2: The consolidation of AI could impact accessibility Up until now, AI has been accessible to most companies. For example, in the medical field, accountability sits with the designer.

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Computation XERO Accounting Accounting 208

AvidXchange

FEBRUARY 11, 2022

Banks’ accounts payable (AP) departments are starting to look a lot different. We’re taking a look at the current state of AP in banks and how key financial services industry trends are predicted to impact the way they manage their invoicing and payments to better serve their business in 2022 and beyond. Read the blog 4.

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Xero

OCTOBER 24, 2023

This guest blog was written by the team at ecommerce accounting integration, Amaka. Proper preparation as a business owner or an accountant with e-commerce clients can help maximise Cyber Monday success. In fact, we’ve seen Amaka’s accounting integrations saving businesses around 12 hours of manual work monthly.

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AvidXchange

FEBRUARY 7, 2022

We’re taking a look at key construction industry trends predicted to impact the way firms manage their finances, namely invoices and payments — mission-critical processes — and how technology is promising to transform AP departments by creating smarter ways to work. Read the blog 4. Download the report and get a jump on the new year.

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Accounts Payable Accounts Payable AP Invoicing 52

Intuit

AUGUST 30, 2024

What’s the difference between bookkeeping and accounting? We’ll define each, explore the differences between bookkeeping and accounting, and discuss what it takes to pursue roles in the fields. Bookkeeping involves categorizing each transaction, specifying the amount involved, and tracking it in the relevant account.

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Bookkeeping Financial Statements Accounting Accounting 246

Xero

AUGUST 17, 2022

Here are some sessions you can expect: Platform tech trends for 2022 and beyond. We’ll be sharing industry trends and identifying steps for how app solutions can help both your practice and your clients’ businesses to grow. In addition to the sessions, we will be unveiling our annual State of Accounting Industry Report.

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XERO Bookkeeping Accounting Accounting 193

Xero

APRIL 9, 2024

New insights on small business productivity We’ve released a new Xero Small Business Insights (XSBI) report, Small business productivity: Trends, implications and strategies , looking at recent small business productivity trends across Australia, New Zealand and the United Kingdom. appeared first on Xero Blog.

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XERO Bookkeeping Accounting Accounting 211

Xero

OCTOBER 2, 2023

From fresh features to the latest industry trends, there’s so much on offer to help you run your practice more efficiently so you can do more of the things that really matter. It’s time to discover how to increase efficiency with our integrated bookkeeping, accounts and tax software.

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Xero

AUGUST 14, 2024

These improvements support more streamlined accounting, enabling small businesses to save time and have greater control over their cash flow. We’re dedicated to continuously improving Xero to make it the best accounting solution for North American businesses. Here’s a look at what we announced. I’m excited to share our progress.

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Fidesic blog

JULY 25, 2023

Last year we published a post about the impact of the 2020 pandemic on accounts payable, in particular, the rise in digital B2B payment methods. As with many of the new trends we saw during the pandemic, this one didn’t go away.

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Accounts Payable Accounts Payable Accounting Accounting 245

Xero

APRIL 23, 2024

y/y) was the largest rise since October 2022 and above the long-term trend of 3% y/y. An accountant or bookkeeper can help you answer many of the important questions around hiring. The post Small businesses are hiring: what to consider when growing your workforce appeared first on Xero Blog. y/y in the December quarter.

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XERO Payroll Bookkeeping Accounting 208

Xero

NOVEMBER 27, 2023

Accountants and bookkeepers, join us for Xero Summer Series Get ready to soak up the summer vibes at the Xero Summer Series – a new event that promises to set the stage for success in 2024. Louise will be on stage to share how macroeconomic trends impact small businesses and their advisors. “I Register now.

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Xero

AUGUST 15, 2024

The in-depth discussions on industry trends? She touched on Xero’s strategy, ‘Winning on Purpose’ and how we believe there’s a huge opportunity to really help small businesses thrive, in partnership with accountants and bookkeepers. It’s not often that you get so many cloud accounting leaders in the same room.

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Xero

OCTOBER 1, 2024

From shoebox accounting to Xero It didn’t take long before tax receipts and bookkeeping paperwork piled up. Emma took on moving Mutual Muse’s accounting from shoeboxes to software, with the help of accounting firm Bramble and Briar. Soon, markets turned into a store.

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XERO Payroll Bookkeeping Tax 179

Xero

NOVEMBER 9, 2023

With a week to go ’til Xero Asia Roadshow, we are buzzing with everything we have lined up for our accounting and bookkeeping community. This latest research, surveying Singapore’s accounting and bookkeeping industry, looks at the trends, challenges and opportunities shaping the industry today.

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XERO Bookkeeping Accounting Accounting 130

Xero

OCTOBER 3, 2022

This is a guest blog post attributed to Jin Lee, Digital Strategy Specialist at W.L.P For example, SMEs looking for ways to improve their accounting processes can adopt cloud-based accounting tools, like Xero, for real-time visibility into their financial data. Get a quotation for Xero from your accounting partner.

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Xero

APRIL 20, 2023

It’s been a tough year for many of you across the accounting and bookkeeping industry – supporting clients through turbulent economic times, whilst facing your own challenges. In the meantime, read more about our recent brand campaign created for accountants and bookkeepers here. And don’t miss some special surprises!

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Intuit

OCTOBER 4, 2023

Findings draw from a detailed new analysis of official statistics, employment trends from the Intuit QuickBooks Small Business Index , and surveys of more than 5,000 small businesses. Read more about actionable insights for small businesses , policymakers , and accountants from this year’s report.

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Xero

JULY 6, 2022

This blog post is written by Logan Ransley, Co-Founder of Landlord Studio – rental accounting and property management software to over 4000+ self-managing landlords (managing 38,000+ properties) to help them stay organized and prepared for the tax season. . Rent arrear trends we’ve observed . Decline in housing stock.

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AvidXchange

OCTOBER 15, 2024

For community association management (CAM) companies, staying updated on industry trends is important for maintaining efficient operations, meeting evolving resident needs, and adopting new technologies. In August 2024, AvidXchange surveyed 500 accounting and finance leaders to learn their top priorities and concerns for 2025.

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Xero

APRIL 12, 2023

This is an early example of embedded finance — one of the top fintech trends that is changing the way people use and move money. You and your customers can inadvertently sign up for multiple buy now, pay later options, cards and accounts — some of which can be forgotten and left unpaid.

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Counto

OCTOBER 16, 2024

This blog explores how company secretaries can use spend analytics to ensure compliance and improve transparency in financial reporting. Documentation Management : Maintaining proper records and reports to facilitate transparency and accountability. Example : Analysing spending trends can reveal budget excesses that require attention.

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Xero

DECEMBER 14, 2022

Across New Zealand, Australia, the UK, the US and Canada, sales have been trending slower during 2022 as customers find themselves with less to spend once they’ve paid their rent/mortgage, groceries, household bills and transport. This research note takes a deeper dive into late payments trends, including an international comparison.

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Xero

AUGUST 22, 2023

Of course, the best part was talking directly to our accounting and bookkeeping community about the critical role they play in the lives of small businesses. I loved hearing Diya Jolly, Chief Product Officer, talk about her passion for helping advisors and how Xero is helping accountants and bookkeepers grow their practice.

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