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A Wake-Up Call for the Sector If you’re leading the finances or operations of a hospice or care home, you’ve probably already felt the tightening on budgets. The recent news that at least five Scottish care homes have shut their doors, partly due to a hike in National Insurance, is more than just concerning, its a sign of deeper issues that demand attention.
Artificial intelligence is transforming how 10 million QuickBooks customers manage their finances. Businesses using QuickBooks ' AI-powered features get paid five days faster. They are also 10% more likely to receive full payment on overdue invoices. These capabilities free business owners from tedious bookkeeping tasks, allowing them to focus on growth and strategy.
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
Accountants may be able to balance the books, but they cant add hours to their day. And they need them. Between chasing approvals, navigating compliance, juggling disconnected tools, and patching together fragmented data, its becoming harder for bookkeepers to surface from the rising tide of daily tasks. Being stuck in a perpetual time crunch doesnt just create stress.
Grant Thornton names heads of health care, asset management and energy; CohnReznick hires data and AI practice leader; and more news from across the profession.
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Grant Thornton names heads of health care, asset management and energy; CohnReznick hires data and AI practice leader; and more news from across the profession.
The advancement in cloud and virtualization technology has introduced a flood of technical terms that can be overwhelming, especially for business owners and individuals from non-technical backgrounds. Two such terms.
Accounting Today has extended the submission deadline for our annual VAR 100 survey from May 23 to May 30, giving value added resellers an extra week to send their entries.
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
Start building a scalable, profitable tax preparation business. This practical guide covers everything you need to get started. The post How to Start a Tax Preparation Business (Step-by-Step) appeared first on Future Firm.
Being hands-on with clients bank accounts invites extra risk. One small mistake is all it takes to ruin your reputation or shutter your practice. Lets say an associate accidentally makes a payment a few days early and unintentionally triggers a chain reaction of cash flow problems. Your client wants answers, but the moneys gone and theres no paper trail.
Getting in early only to find the manager who's got all the answers is not in today. Being asked to process a whole shed-load of material adjustments 1 hour before the audit is supposed to finish. Realising that the 'we-could-finish-a-week-early-and-have-a-jolly' budget has disappeared into thin air. Being shoved into a cold, pokey, little room in the basement with no windows, mobile phone reception, printer or copier, miles away from where all the people you need to speak to work and 12 floors
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.
What if private equity could transform accounting firms without sacrificing their independence? David Wurtzbacher, founder of Ascend, shares how his "anti-rollup" model allows firms to maintain their identities while accessing enterprise-level resources. Discover why transitioning firm leaders from client work to true CEO roles unlocks explosive growth, and how employee equity ownership creates alignment across organizations.
Airwallex, a leading global payments and financial platform for modern businesses, has completed a $300 million Series F funding round at a valuation of $6.2 billion.
How Global Supply Chains Are Beating High Tariffs Pranil Fri, 05/23/2025 - 19:16 New tariffs. Same supply chain. Thats a losing strategy. With the U.S., China, India and others raising tariff walls, global supply chains are being forced to reconfigure fast. GEPs latest bulletin explores how leading companies are navigating this high-stakes environment with smart, regionally tailored strategies.
Advisor Alliance is one way we here at Insightful Accountant can assist you in improving your business related to the various apps and software offerings we write about.
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.
Yes, this is another piece on using artificial intelligence (AI) in your workspace. But this is not just any old article on productivity and engagement. In this article, I want to explore the future of AI voice assistants as the best companion a business owner could have, with a few key caveats to keep your. The post How to Use an AI Voice Assistant for Work: Dos & Donts + Tips appeared first on Fit Small Business.
Decarbonizing Logistics: The Tech and Strategies Driving Greener, More Profitable Supply Chains Vijendra Sat, 05/24/2025 - 02:41 Join us for a high-impact session on how todays leading companies are transforming logistics to cut carbon emissions and boost profitability. This webinar will unpack the latest strategies and technologies reshaping supply chains for a more sustainable and efficient future.
Managing 1099s can feel overwhelming, especially since theyre due January 31st. Before you can even shake off your New Years Eve glitter, its time to start filling out forms and doing tax stuff. Ill walk you through the best 1099 software for small business operations, which should include e-filing capabilities, state filing support, TIN matching, The post Best 1099 Software for Small Businesses in 2025 appeared first on Fit Small Business.
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.
Together, well figure out whats useful and skip the stuff that just gets in the way. If you have heard of open finance but are unsure what it means for your business, youre not alone. The term gets tossed around as the next big thing in financial tech, but most small business owners are left. The post What No One Tells You About Open Finance (The Full Story for Small Business Owners) appeared first on Fit Small Business.
So is it fair to call Ascend a rollup? "You know what? I really hate that term." Thats David Wurtzbacher , CEO of Ascend , responding to my characterization of his PE-backed accounting firm on the Earmark Podcast. David doesnt like the term rollup. Thats because when most people hear "private equity rollup," they think of corporate dentistry pushing unnecessary procedures, or emergency room doctors complaining about profit-driven quotas.
If you work with independent contractors, freelancers, or service providers in your business, you're likely required to file 1099 forms each year. But did you know that missing the deadline or filing incorrectly can lead to hefty penalties and compliance headaches?Lets break down why filing 1099-NECand 1099-MISCforms on timeis a critical part of staying in good standing with the IRS and maintaining your professional reputation.
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