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If you’re a small business owner, chances are you’re always on the lookout for new and innovative ways to grow your business. A great way to do so could be right under your nose: on your local football pitch, and you don’t need to buy some football boots or play a full 90 minutes. Football sponsorship isn’t just for major companies – small businesses with varying budgets can get involved, too.
Overall, payments fraud is the lowest it has been in nearly 10 years, according to an annual report released in May by the Association for Financial Professional and J.P. Morgan.
Virtual bookkeepers work with a wide range of client types and business sizes in various stages of growth. So, your virtual bookkeeper can be expected to bring a great breadth and complexity of knowledge and experience to your company.
Murph describes the benefits of the Hour Timesheet Referral Program as an example of options for the time-tracking/keeping app you may currently be supporting.
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.
As a consumer, Covid accelerated the inevitable shift to online shopping, and now that we have the confidence in how convenient online buying has become, there’s simply no going back. So, why isn’t this happening at our workplace? Integrating the shopping experience into the workplace just makes so much sense for everyone outside of finance.
Artificial technology rapidly changes every industry, and bookkeeping is an exception to this revolution. The future of AI bookkeeping is looking very promising, not only for bookkeepers but for business owners as well. In this blog post, we will explore how technology will reshape the role of modern bookkeepers in the coming years. Super Bookkeepers: The goal of AI bookkeeping is not to replace human bookkeepers, but to augment their abilities, to make them into “Super Bookkeepers”
What is an ASC? An ambulatory surgery center (ASC) is a healthcare facility that provides same-day, outpatient surgical care. ASCs are typically freestanding facilities, meaning they are not found within a hospital. They are staffed by a team of surgeons, nurses, and other healthcare professionals who provide high-quality, cost-effective care. ASCs offer a variety of surgical procedures, including: Cataract surgery Ear, nose, and throat procedures General surgery procedures Gynecological procedu
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What is an ASC? An ambulatory surgery center (ASC) is a healthcare facility that provides same-day, outpatient surgical care. ASCs are typically freestanding facilities, meaning they are not found within a hospital. They are staffed by a team of surgeons, nurses, and other healthcare professionals who provide high-quality, cost-effective care. ASCs offer a variety of surgical procedures, including: Cataract surgery Ear, nose, and throat procedures General surgery procedures Gynecological procedu
Related Courses Credit and Collection Guidebook Effective Collections Essentials of Collection Law What is a Dunning Letter? A dunning letter is a notification sent to a customer, stating that it is overdue in paying an account receivable to the sender. Dunning letters typically follow a progression from polite reminders to more strident demands for payment, if the customer continues to be non-responsive in paying.
As a business grows and expands, its financial management needs often grow increasingly complex. Enterprise resource planning (ERP) systems like NetSuite can help organizations manage these obligations, while also facilitating collaboration. NetSuite specifically is highly customizable, making it a popular choice for mid-market businesses. However, to fully leverage the benefits of NetSuite, it’s crucial to integrate it with other applications such as an accounts payable (AP) automation to
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Downsizing your small business is a business strategy designed to reduce overhead costs by selling business assets or laying off employees. Many times, small business owners will downsize due to a decline in the industry or an economic recession. When it comes to downsizing, there is no standard, and may look different from one business and industry to another.
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.
As a small business owner, you don’t have a lot of time to research all of your options for accounting services. Plus, there’s not a lot of information out there about monthly accounting. How are you supposed to find your right fit if you can’t compare all of your options? CSI Accounting & Payroll has worked with small business accounting for over 50 years.
Offices around the world are becoming paperless. Document management systems have replaced rooms full of business documents. On top of that, it comes with benefits like intelligent automation, fewer errors, additional savings, enhanced security, and more. And it’s growing fast. The document management software market currently stands at USD 5.5 billion in 2023 and is set to grow to USD 16.4 billion by 2029 with a 16.8% CAGR.
Sponsor Check our Sponsor LiveFlow — Advanced Financial Reporting on Autopilot In this episode of the Earmark Accounting Podcast, Blake talks with Stacey Feldman, CPA, about her experiences in the world of CPG and accounting at PopSockets. They look at the challenges of scaling a startup, from tracking components in a supply chain to accounting for inventory costs.
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.
The success of an ecommerce business depends on various factors, such as product quality, pricing, and marketing strategies. However, one of the most critical factors that can impact the long-term sustainability of the business is the returning customer rate (RCR). RCR is a metric that measures the percentage of customers who make repeat purchases from the same e-commerce store.
Accounting automation has become a game-changer in the financial world. It transforms how businesses handle their financial processes. Accounting automation can help streamline operations, reduce errors, and save time and resources. In a survey, 58% of accountants said automated accounting led to increased efficiency. US accounting services show that nearly 75% of accounting tasks can be automated.
Welcome to the world of marketing agencies! You’re part of an industry that’s dynamic, fast-paced, and always evolving. As a marketer, you’re always on the lookout for new and innovative ways to help your clients achieve their goals. But there’s one aspect of your business that’s often overlooked – bookkeeping. If you’re like most marketing agencies, you’re probably more interested in creating compelling campaigns and generating leads than keeping track
Managing finances is one of the most critical tasks for any business. Accounting is a particularly important priority for small businesses. As a business owner, you need an accurate and organized system to manage your financial transactions, track expenses, and generate financial reports. To achieve this, many small businesses turn to accounting software, which offers a range of tools and features to streamline and simplify the financial management process.
Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.
Are you a construction business owner struggling with keeping track of your finances? Don’t worry, you’re not alone. Accounting can often be a daunting task, especially when you have a lot on your plate already. However, it’s crucial to understand the basics of accounting and to set up a proper system to avoid any potential financial mishaps down the line.
Firm owners often find themselves caught up in long workweeks filled with tasks, leaving little time for personal pursuits. In this podcast episode, I shared how you can get free from the shackles of 40-hour or more workweeks. Listen Below. 0:25 – Most firm owners desire financial freedom and independence, but above all else, they want more time back. 0:48 – I frequently hear from firm owners that while they would be satisfied with consistent 40-hour workweeks, they have identified t
As an electrician, you know that keeping track of your finances can be a daunting task. However, proper bookkeeping is essential for the success of your business. It helps you keep track of your expenses, invoices, and bank statements, and allows you to make informed decisions about the future of your business. In this article, we will guide you through the basics of bookkeeping for electricians.
Introduction Documents are the lifeblood of business communication. They allow for the transfer of information, the tracking of decisions, the formalization of procedures, and the documentation of business transactions, among many other things. Documents come in a myriad of forms such as emails, memos, contracts, invoices, reports, and more. They can take the shape of text files, spreadsheets, presentations, and other digital formats.
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
Are you an engineering firm struggling with the financial management of your business? Do you find it challenging to keep track of your expenses, revenue, and cash flow? Bookkeeping is an essential aspect of any business, and for engineering firms, it can be especially complicated. But don’t worry, we’ve got you covered. In this article, we’ll explain everything you need to know about bookkeeping for engineering firms, including the basics, specific needs of your industry, type
Welcome to the new era of "The Accounting Podcast," formerly known as "The Cloud Accounting Podcast." Why the name change? This show was born out of a passion for technology's role in accounting, and over the last five years, as cloud-based tools became the norm, we broadened our scope to cover a wide range of topics. We're now delving into everything from PPP and the talent crisis to artificial intelligence, fraud, the business models of accounting firms, the IRS, politics, and much more.
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Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.
Related Courses Managerial Economics What is Hyperinflation? Hyperinflation is an extremely rapid increase in prices. Hyperinflation typically occurs when the central government greatly expands the money supply or when there is a loss of confidence in the currency. This situation usually arises when a country undergoes an unusually stressful budgetary situation, such as a budget shortfall caused by a collapse in commodity prices.
Related Courses Business Insurance Fundamentals Enterprise Risk Management What is an Insurance Policy? An insurance policy is a contract between an insurer and an insured party, which clarifies the claims that the insurer is required to pay. The policy sets forth the risks covered, the duration of the coverage period, the coverage to be provided, the amount of any deductibles, and the premium payments to be made by the insured party to the insurer.
Related Courses Accounting for Investments GAAP Guidebook What is the Accounting for Investments? The accounting for investments occurs when funds are paid for an investment instrument. The exact type of accounting depends on the intent of the investor and the proportional size of the investment. Depending on these factors, the following types of accounting may apply: Held to Maturity Investment If the investor intends to hold an investment to its maturity date (which effectively limits this acc
Related Courses Cost Accounting Fundamentals Financial Analysis Managerial Economics What is Differential Cost? Differential cost is the difference between the cost of two alternative decisions, or of a change in output levels. The concept is used when there are multiple possible options to pursue, and a choice must be made to select one option and drop the others.
Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.
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