Wed.May 03, 2023

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Why resting and recharging is important for small business owners

Xero

There are plenty of positives to owning a small business – flexibility, being your own boss, financial benefits, and many more. But, it’s no secret there are challenges too. And small business owners have had a particularly tough few years: navigating a global pandemic, various lockdown restrictions, staff shortages, increasing costs of raw materials, and high inflation.

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Synder Helping Sharpen Online, Digital Payment Expertise

Insightful Accountant

The Synder SYNC partner program will help provide resources and education opportunities geared toward taking advantage of new revenue opportunities in the fast-growing landscape.

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The Role of Technology in Modern Bookkeeping

LedgerDocs

Gone are the days of manually recording financial transactions in ledgers and spreadsheets. With the latest technology, bookkeeping has become significantly easier and more efficient. One of the most significant benefits of technology in bookkeeping is the ability to automate processes. The software can automatically record transactions, generate invoices, and create financial reports.

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NetSuite Chosen to Supercharge Steeda Autosports

Insightful Accountant

Stedda has Ford in its DNA, and now Oracle NetSuite will help supercharge the next evolution of Stedda's High-Octane Business.

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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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Finance AI Tools that are Disrupting the Industry

Nanonets

Traditionally, finance has been the domain of the smartest in our society. Now, AI tools are pushing the limits of analysis and decision-making in finance, changing the lives and careers of finance professionals around the world. AI’s can analyze more data faster than any human can. They can make decisions on the margin with information updated with milliseconds of accuracy.

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The difference between salary and wages

Accounting Tools

Related Courses Human Resources Guidebook Payroll Management The essential difference between a salary and wages is that a salaried person is paid a fixed amount per pay period and a wage earner is paid by the hour. Someone who is paid a salary is paid a fixed amount in each pay period, with the total of these fixed payments over a full year summing to the amount of the salary.

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Cash flows from investing activities definition

Accounting Tools

Related Courses The Statement of Cash Flows What are Cash Flows from Investing Activities? Cash flows from investing activities is a line item in the statement of cash flows , which is one of the documents comprising a company's financial statements. This line item contains the sum total of the changes that a company experienced during a designated reporting period in investment gains or losses, as well as from any new investments in or sales of fixed assets.

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How to Export Outlook Emails to Excel

Nanonets

Outlook is a popular email service for business communication and is often the first choice for large business users. While it offers a wide range powerful features and integrations, Outlook doesn't offer an easy way to parse/extract data from emails. Business data coming in via Outlook emails or attachments is usually extracted manually to Excel spreadsheets or other business applications.

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Ep. 221: Joe Keeley - Unleashing the Fintech Potential: How Companies Can Thrive in a Financial Technology-Driven World

IMA's Count Me

Dive into the world of fintech with our latest episode of the Count Me In podcast, where we discuss the transformative power of financial technology for businesses of all sizes. Join us as we chat with Joe Keeley, the CEO of Justify, a company dedicated to accelerating the fintech potential of software platforms. Discover how companies can leverage fintech tools to reduce costs, enhance revenue, and offer new services to their customers.

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Procurify Alternatives

Tipalti

Looking for the best Procurify alternatives? Discover the top contenders of 2023 and learn how they can help you optimize purchasing and financial decisions.

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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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PDF Processing with ChatGPT

Nanonets

PDF files have become a staple in the corporate world, widely used for contracts, invoices, reports, and presentations. They are essential tools that streamline communication, increase efficiency, and enhance collaboration. However, with recent technological advancements, PDF processes can now be simplified with data extracted in less time than ever, as they can be translated and summarized simultaneously.

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Future Forward Summit - May 23 - 24 - Register Today

Insightful Accountant

Insightful Accountant is hosting its Future Forward Summit - Integrate to Accelerate - on May 23 -24, featuring 8 sessions with CPE and some of the top speakers in the profession.

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AWS Vs. Azure Vs. Google Cloud: Which One Should You Use?

CloudZero

Combined, Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP) control 67% of the global cloud computing services market. That’s a big deal, but not for obvious reasons.

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Production cycle definition

Accounting Tools

Related Courses Accounting Information Systems Operations Management What is a Production Cycle? The production cycle is comprised of all activities related to the conversion of raw materials into finished goods. The cycle has several distinct components, involving the design of products, their incorporation into a production schedule, manufacturing activities, and a cost accounting feedback loop.

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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.

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NACM Member Spotlight: Driving Results

NACM

NACM's motto throughout the years has been driving results. It's what B2B credit is all about. One of the ways we do that is by giving our members the chance to educate themselves and earn respective designations. A designation we offer that drives amazing results is the Credit Business Fellow (CBF) designation.The CBF designation is an academic, p.

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Voodoo accounting definition

Accounting Tools

Related Courses Fraud Examination Fraud Schemes How to Audit for Fraud What is Voodoo Accounting? Voodoo accounting involves the use of aggressive accounting techniques to artificially inflate reported profits. This is done through a combination of revenue inflation and avoiding the recognition of expenses. The term is derived from how accountants use these techniques to make profits magically appear.

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CMI Indicates Credit Crunch Amid Banking Crisis

NACM

NACM's Credit Manager's Index for April reveals some worrying trends. Rejections of new credit applications plummeted into contraction territory, indicating tightening credit conditions.Read what NACM Economist Amy Crews Cutts wrote in a blog for Macrobond Financial about the #CMI. Sign up to receive monthly CMI survey participation aler.

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Junior debt definition

Accounting Tools

Related Courses Corporate Cash Management Corporate Finance Treasurer’s Guidebook What is Junior Debt? Junior debt is any type of loan or bond that has a lower payment priority than more senior debt claims in the event of a default by the issuer. In addition, junior debt tends to not be backed by any collateral at all. This positioning makes junior debt more risky for investors, so they will only invest if they can obtain a higher interest rate than on the more senior debt.

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8 Pillars of Leadership Development

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.

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Adjusting entries definition

Accounting Tools

Related Courses Closing the Books The Soft Close The Year-End Close What are Adjusting Entries? Adjusting entries are journal entries recorded at the end of an accounting period to alter the ending balances in various general ledger accounts. Why Make Adjusting Entries? These adjustments are made to more closely align the reported results and financial position of a business with the requirements of an accounting framework , such as GAAP or IFRS.

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Opaque pricing definition

Accounting Tools

Related Courses Revenue Management What is Opaque Pricing? Opaque pricing is a technique used to hide the lower prices at which some merchandise is sold. It is targeted at those customers who are highly price sensitive, and so will only buy goods or services at lower price points. This approach is most common in the travel industry, where fixed costs on hotel rooms and plane seats are low enough to allow for substantial pricing discounts for those people willing to travel during dates well away

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Contingent rent definition

Accounting Tools

Related Courses Property Management Accounting What is Contingent Rent? Contingent rent is a rental payment that varies with the future amount of a specific factor that is not related to time. Contingent rent is usually based on the future rent or profits of the renter. It is not a fixed rental payment, as is most commonly the case with rental arrangements.

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Capitalization of earnings definition

Accounting Tools

Related Courses Business Valuation What is the Capitalization of Earnings? The capitalization of earnings is used to value a business by deriving the net present value of its projected future earnings. The concept can also be applied to individual subsidiaries , product lines , products, and work centers to determine their value for further investment purposes.

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How to Modernize Manufacturing Without Losing Control

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

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Cash flow to capital expenditures ratio

Accounting Tools

Related Courses Business Ratios Guidebook The Interpretation of Financial Statements What is the Cash Flow to Capital Expenditures Ratio? The cash flow to capital expenditures ratio is used to determine an organization’s ability to acquire capital assets using its free cash flow. A high ratio indicates that a business has a reduced need to use debt funding or equity funding to support its capital expenditure requirements.

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Cash flow to sales ratio

Accounting Tools

Related Courses Business Ratios Guidebook The Interpretation of Financial Statements What is the Cash Flow to Sales Ratio? The cash flow to sales ratio reveals the ability of a business to generate cash flow in proportion to its sales volume. It is calculated by dividing operating cash flows by net sales. The operating cash flows information can be extracted from a firm’s statement of cash flows , while its net sales can be found near the top of its income statement.