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As a business owner, getting paid in full and on time is crucial for a healthy cash flow. However, late payments and bad debts are a constant threat looming over an accounts receivables (AR) team. Accounts receivable reports are a key tool for businesses to manage their AR balances, forecast cash inflow, and stay on top of overdue payments.
EBOOK Cloud Cost Optimization 2.0 Despite consistent and heavy growth in cloud investments, only 15% of companies surveyed in the 2022 State of FinOps report believe their FinOps program is mature or well-optimized. About the eBook Most organizations are vulnerable to the cycle of cloud costs, in which teams repeatedly address short-term optimizations to achieve mediocre savings outcomes.
A Microsoft Dynamics GP customer recently came to Fidesic because they were facing an increasingly common problem--they were struggling to hire an accounts payable clerk. The fact is that the industry is currently in a talent shortage as ‘accounting clerk’ has been a difficult position to fill in recent years.
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In the climb from contributor to leader, the rules quietly change. But 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. 🗻 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. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.
We’ve officially entered the new year which means strategy planning is at the top of every leader’s mind. Inflation and rising interest rates have most firms worried about their cash flow, and thus, finance departments are doing all they can to reduce overhead and organizational inefficiencies in 2023. Why AP Automation is Key to a Strong Year Most finance predictions for 2023 focus on business process improvements and cost savings, as opposed to ground-breaking new innovations.
With the New Year comes change, and that means enhancements to QuickBooks. January is bringing banking enhancements with it for QBO and QBO-Accountant users.
Becoming (and remaining) cash flow positive is no trivial task, especially for SaaS startups in a flagging market like we’re seeing now. To stay afloat – let alone see strong revenue –finance and RevOps teams must be streamlined, effective, and incredibly efficient in their workflows.
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Becoming (and remaining) cash flow positive is no trivial task, especially for SaaS startups in a flagging market like we’re seeing now. To stay afloat – let alone see strong revenue –finance and RevOps teams must be streamlined, effective, and incredibly efficient in their workflows.
ACRA vs IRAS: What Is the Difference Between Them? Singapore has gained a reputation as a premier destination for business due to its strong economy and generous tax incentives. For this reason, it is often referred to as a haven for business owners and investors. Hence, it comes as no surprise that more and more people are considering starting a physical or online business in Singapore.
As the era of paper-filed tax returns is coming to an end, taxpayers and tax professionals have started filing taxes electronically more now than ever. As estimated by the IRS, 92% of the 2022 returns have been e-filed. The total number of taxes filed for the year 2021 is 164,246,000. For Tax Season 23, we can expect more than that. Challenges of the Tax Season You can never be prepared enough for the Tax Season, considering the challenges and surprises it brings along.
We recently asked several people in our Reconciled Solutions community what community means to them. Read their thoughts. The post What community means to entrepreneurs appeared first on Reconciled Solutions.
ACRA vs IRAS: What Is the Difference Between Them? Singapore has gained a reputation as a premier destination for business due to its strong economy and generous tax incentives. For this reason, it is often referred to as a haven for business owners and investors. Hence, it comes as no surprise that more and more people are considering starting a physical or online business in Singapore.
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.
Law firms are increasingly outsourcing their finance & accounting tasks to specialized companies as a way to save time and money while improving efficiency. Outsourcing allows law firms to focus on their core competencies, such as providing legal services to clients, while leaving the financial and accounting tasks to experienced professionals. By outsourcing these tasks, law firms can access a wider range of expertise and resources than they would have access to in-house.
Managed service providers (MSPs) typically see low margins from r eselling cloud services alone — but there is always potential for growth. MSPs should ask themselves how they can amplify cloud resale margins and drive bottom-line growth. Beyond growing Amazon Web Services (AWS) margins, MSPs may be able to scale volume or add services for their customers.
How do you use the data you’re collecting about travel and expense (T&E) in your company? Just about every company needs a way of managing reimbursements for travel and other expenses. This process generates data related to T&E, but companies aren’t always putting that data to good use. Depending on your T&E management system, you might not even have a good way to access that data.
Are you overwhelmed by the hundreds of client emails you get every day? In this episode, I’ll give you 6 tips for taking back control of your inbox to keep “overwhelm” at bay. Listen Below. 0:31 – How the heck do I stop the never-ending barrage of emails coming from my clients? 1:23 – This firm owner has drastically eliminated the vast majority of his client emails. 1:39 – The solution to eliminating these emails really comes down to a combination of having th
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.
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CloudTalk is your weekly roundup of the least you need to know about cloud. CloudGenera is continually focused on delivering insight into the emerging trends, patterns, and innovations which impact technology decision-makers. The post CloudTalk | Week of 1.14.2023 appeared first on CloudGenera.
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