Tue.May 09, 2023

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Meet the new faces of Australia’s XPAC

Xero

Xero wouldn’t be where it is today without the support of our partner community, and that includes our Xero Partner Advisory Council (XPAC). That’s why we’re thrilled to announce our latest XPAC cohort for Australia. The XPAC team is a group of experts connecting Xero to the community and industry alike. They both challenge and champion the needs of the accounting and bookkeeping sector by engaging in open discussion, sharing industry insights, and providing actionable feedback.

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Building Inclusion: The bright side of mental health

Intuit

Intuit products are more than web, desktop, and mobile applications. We build the products that enable people to live independent lives. They manage their finances, start businesses, hire employees, and develop their careers. We’re also committed to making sure they feel safe, accepted, and understood in the process. As global co-leader of our employee resource group the Intuit Abilities Network, Lou Shelley is on a mission to create a stigma free environment where our workers bring their true s

professionals

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AccountingDepartment.com Awarded Inc. Best Workplaces 2023 Recognition

Accounting Department

We are thrilled to share that AccountingDepartment.com has been selected for inclusion in the Inc. Best Workplaces list, for the second year in a row. This 2023 recognition is a true testament to our accomplishments around the workplace we have created. We are grateful for the privilege of being acknowledged as an Inc. Best Workplace for back-to-back years and we extend our appreciation to our entire staff, who make it such a wonderful place to be every day.

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Maximizing Your Return: Calculating the ROI of AP Automation

Ascend Software blog

For businesses that rely on manual invoice and payment processing, the cost savings and efficiency gains of implementing an automation solution can be significant. By automating AP processes, companies can reduce time spent on manual processing and processing costs, while improving accuracy and reducing the risk of errors.

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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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Warehouse Wednesday: Revisiting Manufacturing KPIs

Insightful Accountant

Murph travels back to a series he wrote on measuring manufacturing performance by providing a list of manufacturing KPIs and the related links to the articles with definitions and uses.

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The Brigade Business Breakthrough Blog

Brigade

Brigade CEO Elizabeth Manso , CPA, was recently profiled in City Biz magazine. The interview centered on how she has led Brigade as an advisory, accounting and bookkeeping company 'to exceptional growth since its founding in 2008, and recently launched a new platform for other firms to find a “breakthrough” for even greater success.

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Bookkeeping Cleanup Checklist: Six Steps to Get Caught Up

Less Accounting

It happens more than you think. Accounting gets left behind while business moves forward. Before you know it, it’s been months or even (yikes) years, since your bookkeeping has been properly updated. And now the project looms over you like an ominous thunderstorm waiting to strike with disastrous results. Getting ready to do bookkeeping cleanup sounds intimidating, but can be done effectively by systematically working through these steps to gather the information you need.

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Liquidity Management Is Crucial to Succeeding in Today’s Hyper-Fast Environment

Plooto

In today's turbulent, disruptive times, businesses must stay financially agile. Effective liquidity management enables companies to make quick decisions, manage risk, and capitalize on business opportunities. In a   recent survey with Forrester , more than 80% of the companies indicated that liquidity management is a priority.

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Introducing Gaviti’s New Credit Management Module: Streamline Your Collections and Mitigate Risk ?

Gaviti

We are thrilled to announce the launch of our latest addition to the Gaviti accounts receivable collections platform: the Credit Management Module! At Gaviti, we understand how crucial it is for you to maintain a healthy cash flow, minimize credit risk, and ensure timely payments from your customers. With this new module, we aim to empower your business by providing you with the tools and insights to make better credit decisions and enhance your overall credit management strategy.

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4 Low-Effort Tactics That Saved CloudZero Over $2M In 2023

CloudZero

Whether or not you take the oft-quoted statistic that 30% of companies’ cloud spend as gospel, one thing is for sure: Companies have been spending recklessly in the cloud ever since its inception.

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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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MACRS depreciation definition

Accounting Tools

Related Courses Fixed Asset Accounting How to Audit Fixed Assets What is MACRS Depreciation? MACRS depreciation is the tax depreciation system used in the United States. MACRS is an acronym for Modified Accelerated Cost Recovery System. Under MACRS, fixed assets are assigned to a specific asset class, which has a designated depreciation period associated with it.

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How To Reduce BigQuery Spending

finout

Table of Contents Understanding BigQuery Pricing and Billing Components of BigQuery Pricing Best Practices for Cost Optimization Query Performance Optimization Cost-Effective Storage Options Use a FinOps Platform To Deduce Spending Final Thoughts BigQuery isa powerful data warehousing tool and a popular choice among engineering teams looking to work with massive amounts of data.

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General Contractor Improves Accounts Receivable Visibility with the AvidPay Network for Supplier Portal

AvidXchange

Customer Profile Established in 1999, Doron Contracting is a small family-owned business that provides general contracting, home improvement and remodeling services to customers in Southern Delaware. The company services several residential developments, responding to maintenance needs and repair requests submitted by individual homeowners and homeowners’ associations.

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Free Expense Report Template

Nanonets

What is an Expense Report? The expense report aids in tracking employee expenses for office tasks. The expense report provides visibility into employee spending and acts as a reference point during employee reimbursement processes. How does expense report work? Simply put, employees log their expenses along with the receipts in the expense reimbursement form or a templatized expense report for a particular period.

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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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Future Forward 2023: Process to Price to Profits

Insightful Accountant

Get the lowdown on the art of pricing, saying no and having the business you want. Sign up today.

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Introducing Gaviti’s New Credit Management Module: Streamline Your Collections and Mitigate Risk ?

Gaviti

We are thrilled to announce the launch of our latest addition to the Gaviti accounts receivable collections platform: the Credit Management Module! At Gaviti, we understand how crucial it is for you to maintain a healthy cash flow, minimize credit risk, and ensure timely payments from your customers. With this new module, we aim to empower your business by providing you with the tools and insights to make better credit decisions and enhance your overall credit management strategy.

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The cost of debt

Accounting Tools

Related Courses Capital Budgeting Corporate Finance What is the Cost of Debt? The cost of debt is the after-tax effective rate paid by a borrower on its debt. The cost of debt comprises a portion of the total cost of capital of a business, of which the other parts are the cost of preferred stock and the cost of equity. The cost of debt is the least expensive part of the cost of capital, since it is tax deductible.

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Unlocking the Power of A/R Analytics and Dynamic Reporting

Gaviti

Business operations generate copious amounts of data, accounts receivables being no exception. For most of history this had to be done manually. In the 1950s computerized programs entered the pictures. A few decades ago, companies started using ERPs to manage accounting and other business operations. While ERPs were a big improvement in every way for accounts receivable, there they still left a lot of manual work to be done and much room for errors.

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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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Member Spotlight: CBF Designation of Excellence

NACM

NACM's Professional Certification Program provides the necessary tools for credit professionals to build their careers. It takes dedication, patience and persistence to learn and earn those credentials and many credit professionals are able to apply the knowledge they have gained into their daily lives."I love the credit profession," said Yazmin Ye.

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Automate Data Extraction from Patient Registration Forms

Nanonets

Are you looking to extract data from patient registration forms? Try Nanonets OCR software to extract fields with more than 98%+ accuracy. Try Nanonets OCR >> Schedule a Demo The healthcare industry accommodates a large amount of data, most of which is unstructured and complex. Personal health information has not been used to its full potential as the data available are fragmented and isolated.

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AI You Can Use Today In Accounting (with Giles Pearson)

Cloud Accounting Podcast

Matt Rissell of TSheets dead in apparent murder-suicide; a review of the AI features you can use right now in Client Hub, Canopy, Karbon, Financial Cents and. Sturppy?; This week's guest: Giles Pearson, CEO of Accountests Sponsors OnPay - [link] Relay - [link] Tech Guru - [link] Chapters (00:00) - Have your AI contact my AI (00:21) - Introduction and thoughts on the horrible news of Matt Rissell
 (06:18) - Some of the history of TSheets
 (12:36) - Practical application of Chat GPT and AI
 (20:10