Tue.Jun 27, 2023

article thumbnail

Finding the Right Outsourced Client Accounting Services for Your Business

Accounting Department

Making the decision to turn to outsourced client accounting services can be a great way to save time and resources for your business. However, finding a trustworthy outsourcing partner can be a challenge. But how can you be sure you’re choosing an outsourced accounting service you can trust? There are a few characteristics of trustworthy, competent, and reliable accounting services that will help you know the provider you chose is the right one.

article thumbnail

How Organizations Can Positively Impact the Mental Health of Trans and Nonbinary Employees

Intuit

We’ve navigated some of the most challenging moments of our time in the past few years. The world of work has forever changed and as we continue to evolve as a society, employee mental health has emerged as a key issue for companies seeking the best way to build and support successful teams. By creating policies and practices that support mental health and wellness, companies are developing workplace environments that encourage belonging, communication and camaraderie — all of which can have pos

130
130
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Handling Multiple Companies and Entities inside Business Central (BC)

Fidesic blog

Handling Multiple Companies inside Business Central (BC): The Difference between multiple companies and multi-entity management (MEM)

AP 130
article thumbnail

Payoneer vs PayPal

Tipalti

When it comes to making global payments, you need a financial services company that will meet the organization's needs. Here we compare Payoneer vs PayPal and consider which one of these payment options might work best for you.

article thumbnail

Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

article thumbnail

Exploring Debt Relief Options

Insightful Accountant

Let's face it—debt can be heavy. Here are some debt relief options—and the pros and cons—you and your clients can use to find your way through the maze.

96
article thumbnail

How Will ChatGPT Impact the Future of Finance?

Tipalti

ChatGPT has the potential to revolutionize finance by providing real-time insights, automating tasks, and generating strategic recommendations. However, precautions must be taken to ensure data privacy and confidentiality, as well as training employees to leverage generative AI models.

52

More Trending

article thumbnail

Why SME business owners wear superhero hats

Ontrack Bookkeeping

How often do you feel like a superhero, taking on the world and tackling everything that comes your way? If you’re a small business owner, chances are it’s more often than not! The demands of running a small business can weigh heavy on our shoulders at times, and as business owners we often try to do everything ourselves. The success of your business depends not just on you, but also in finding competent people to wear some of the other hats that you are typically wearing.

article thumbnail

8 Must-Know Best Practices for Client Accounting Services

Jetpack Workflow

If you decide to start providing client accounting services (CAS), you may have high hopes of scaling your firm and taking on a more significant role within your clients’ businesses. However, something firm owners find surprising when offering this service is how the scope of work quickly expands. It can become unmanageable, too resource intensive, and overload your team if not done strategically.

article thumbnail

How much does it cost to process an invoice?

Nanonets

Managing accounts payable processes efficiently is crucial for any organization, impacting cash flow, vendor relationships, and overall financial performance. One significant aspect of accounts payable is the processing of invoices. Traditionally, manual invoice processing has been a time-consuming and resource-intensive task, leading to high costs of processing an invoice.

article thumbnail

FundThrough Names Deepesh Jain as Chief Financial Officer to Power Continued Growth

FundThrough

June 27, 2023–Toronto, ON–FundThrough has named Deepesh Jain as its first-ever Chief Financial Officer. Deepesh has an extensive track record of managing financial operations and capital markets functions as well as scaling start-ups, making him instrumental in continuing FundThrough’s strong growth. The company has grown 281 percent in the past three years, also reported by […] The post FundThrough Names Deepesh Jain as Chief Financial Officer to Power Continued Growth appeared first on F

article thumbnail

Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

article thumbnail

What is document digitization and how can it improve productivity?

Nanonets

Traditional paper-based documents can be cumbersome to handle, store, and retrieve for businesses daily, leading to inefficiencies and productivity bottlenecks. Yet documentation and its management are integral to any company’s workflow. This is where document digitization comes into play. Document digitization converts physical documents into digital formats, making them easily accessible, searchable, and shareable across various platforms.

article thumbnail

Successfully Digitize Your Business Payment Process

Plooto

As the world becomes more digital, organizations must keep up with the rapid pace of technological advancement. Increasing digitization and automation have helped firms become more efficient and more profitable. This phenomenon can also be found in our accounts payable (AP) and accounts receivable (AR) processes.

AR 52
article thumbnail

On-Demand Vs. Spot Instances: What’s The Difference?

CloudZero

Whether you’re in finance or engineering, you know keeping your customers happy is the key to success. That means, your SaaS product or service needs to be available, reliable, and cost-effective virtually all the time.

52
article thumbnail

How OCR is Transforming the Automotive Value Chain

Nanonets

The automotive industry operates within a complex value chain that generates a significant volume of documents, data, and information. Optical Character Recognition (OCR) in the automotive industry is vital to establish an efficient flow of data and communication throughout the chain. In addition to facilitating data management, effective document processing enables the integration of heterogeneous systems like ERP, WRM, SCM, and CRM, empowering informed decision-making and fostering business in

article thumbnail

Your New & Improved Month-End Close Process Is Not So Far Out of Reach!

All accounting teams know what it is like to dread the inevitable month-end scaries. If there was a way to feel less burdened and maybe even a little enthusiastic to work on your month-end close and reconciliation process, would you do it? No, don't answer that, of course you would! Automate your month-end close process by up to 40% with SkyStem's ART and see how much more alive you feel!

article thumbnail

Best Wellness Apps in 2023

Tipalti

The digital wellness sector has boomed in recent years, but which apps have the healthiest profits, number of subscriptions and five-star reviews?

52
article thumbnail

Member Spotlight: Designations, Drive and Determination

NACM

NACM's Professional Certification Program provides an opportunity for credit professionals to show they are serious about their career. NACM members armed with our prestigious designations enjoy an average income boost of $10,000 annually, outshining their counterparts without designations."Completing my CBA was a profound moment in both my profess.

5
article thumbnail

Automate Your Order-to-Cash Process to Increase Customer Retention

Billing Platform

Regardless of your business model, the key to growth and profitability is customer retention. When looking at the customer lifecycle, order-to-cash (O2C) plays a critical role in developing and maintaining long-term customer relationships. However, many companies focus on the acquisition component of the customer lifecycle – leaving the order to cash process to chance.