Wed.Feb 22, 2023

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A personal note from Xero’s new CEO

Xero

I wanted to take a moment to say hello to you, and thank you for being a Xero customer! I recently stepped into the new role as Xero’s CEO, and it’s a privilege to serve all of you – our Xero team, our investors, and all the communities of which we are a part. Xero is a special company with the potential to contribute even more to your journey as small businesses, advisors and partners, and I look forward to getting started.

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The Lowdown on Accounting Process Automation

Accounting Department

Notorious for being time-consuming, manual processes consume a lot of time for businesses. This is caused by relying on spreadsheets to handle core accounting functions that could otherwise be completed in seconds or minutes, rather than hours or days. Not to mention every manual process is prone to human error, which could lead to additional costs, delays, and issues.

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The New and Improved Xero Bank Reconciliation Report

Insightful Accountant

Murph is here to tell you all about a new version of Xero's Bank Reconciliation Report packed with loads of extra features.

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How Accounts Payable Outsourcing Can Rescue Your Cash Flow

Outsourced Bookeeping

Accounts payable outsourcing is the process of entrusting accounts payable (AP) processes to a third-party provider. This can include the entire accounts payable process or just certain components such as invoice processing or vendor management. Outsourcing accounts payable frees up time for an organization’s internal staff and allows them to focus on more value-adding tasks.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

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.

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Cyber Attacks Expected to Target Accounting Data in 2023

Insightful Accountant

A recent Deloitte Center for Controllership poll shows that 48.8% of C-suite and other executives are preparing for cyber events targeting their organizations’ accounting and financial data.

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How Accounts Payable Outsourcing Can Rescue Your Cash Flow

Outsourced Bookeeping

Accounts payable outsourcing is the process of entrusting accounts payable (AP) processes to a third-party provider. This can include the entire accounts payable process or just certain components such as invoice processing or vendor management. Outsourcing accounts payable frees up time for an organization’s internal staff and allows them to focus on more value-adding tasks.

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5 Ways Automation Can Improve The Lives Of Your Manufacturing Clients

The Successful Bookkeeper

Automation and AI are high on the agenda right now in the world of business. For a long time, there have been forecasts of robots coming to take our jobs, leaving human beings with little to do beyond keep the machinery running.

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5 Smart Ways to Boost Your Accounting Firm’s Productivity

Jetpack Workflow

According to a recent study , workers have about three productive hours in a day. A lot of time is spent on office chit-chat, coffee and smoking breaks, and employees surfing the Internet looking for better opportunities. However, it’s still possible for accounting business owners to salvage much of this wasted time and save your firm thousands of dollars from unproductive hours.

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NASBA Says No Way To Lower 150-Hour Rule

Cloud Accounting Podcast

Guest Randy Crabtree of The Unique CPA podcast; the UK has an accountant turnover crisis, too; should accountants unionize? Field service app Jobber raises $100 million and more! Sponsors SuiteFiles - [link] LiveFlow - [link] Anchor - [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] (00:00) - Thank you to our sponsor, SuiteFiles (00:26) - Preview: Why Saas businesses look horrible on paper (01:08) - Introduction and

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How to Prepare an Effective Franchise Loan Package

Bookkeeping Express

So you’ve decided you’d like to be a franchise owner. You’ve (hopefully) read our posts about how to analyze a Financial Disclosure Document and how to get financing to buy a franchise , and after some diligent effort, you’ve decided on the franchise that is right for you. Now, you’ll need to apply for financing, and that means assembling a loan package to present to potential lenders.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

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.

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Welcoming (and Embracing) the Digital Age

Insightful Accountant

Fyle's Rahul Radhakrishnan on why accounting firms need to consider digital transformation in 2023.

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10 Alternatives To Layoffs For Tech Companies In 2023

CloudZero

Alphabet. Netflix. Shopify. Amazon. Meta. Microsoft. These are just a few of the leading tech companies that recently laid off thousands of employees. Slashing jobs, because it is often one of the biggest expenses for tech companies, may seem like a quick fix, but it can be counterproductive, especially when it impacts experienced engineers.

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Jimmy Corley says "We need to take a hard look" at the 150 hour rule for CPA licensure

Blake Oliver

What do the states think about NASBA and AICPA 's efforts to quash the Minnesota Society of CPAs effort to create an alternative CPA pathway — one that doesn’t include a 5th year of education? I talked to Jimmy Corley, CPA , Executive Director of the Arkansas State Board of Accountancy about the 150 hour rule, how the CPA shortage is affecting local accounting firms, the impact of the rule of first-generation and minority students, and the potential for alternative pathways to licensure.

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Diving into Global Currency

NACM

As I enter my sixth week of the International Credit & Risk Management (ICRM) course, I'm gaining a deeper understanding about international trade credit, specifically the innerworkings of currency. Module 6 in particular, focuses on banking and currency terms and concepts. This is possibly the most anticipated module for me because it delves d.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

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.