Wed.Oct 18, 2023

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IRS questions security of planned ID verification system

Accounting Today

The service has faced challenges in transitioning the system it uses for authenticating the identities of taxpayers and tax professionals.

Tax 327
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5 Crucial Components Your ERP System Should Include

Accounting Department

Enterprise resource planning (ERP) systems are instrumental in helping businesses achieve optimal efficiency. By integrating various essential business functions into a unified platform, ERP systems provide a real-time overview of the business while supporting day-to-day operations and workflows.

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ACCA warns of ethical dilemmas in sustainability

Accounting Today

The association is cautioning accountants about the risk of greenwashing when reporting on a company's environmental efforts.

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Oracle NetSuite Introduces Enterprise Performance Management

Insightful Accountant

NetSuite's newly unveiled Enterprise Performance Management will help finance leaders increase productivity, efficiency and profitability.

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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.

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PwC partners with ChatGPT creator OpenAI

Accounting Today

The accounting firm will use artificial intelligence to consult on complex matters in tax, legal and human resources.

Tax 294
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How Much Does Slack Spend On AWS?

CloudZero

The Slack messaging app is popular because it is easy to use, affordable, and highly customizable. With Slack, you can collaborate in teams and with colleagues in real-time, accessing files from anywhere.

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Becoming Employee-Owned: How BDO Broke Out of the Partner Model

Cloud Accounting Podcast

Wayne Berson, CEO of BDO USA, joins Blake and guest host, David Leary, on the Earmark Podcast to discuss BDO's recent transition to an employee stock ownership plan (ESOP), making it the first major accounting firm to implement an ESOP structure. They discuss how the ESOP aims to attract and retain talent in the accounting profession and provide employees at all levels with an ownership stake in the firm.

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Generative AI use growing for both business and consumers

Accounting Today

The rising popularity and use of generative AI since it recently exploded on the scene has not abated. Indeed, recent polls show it is rising.

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7 Common Characteristics of a Modern Accounting Firm

Jetpack Workflow

Based on the headlines, recruiting challenges, rapid tech advancement, and the failure to meet clients’ evolving expectations are consistent problems for some accounting firms. What about those rapidly growing firms with modern processes, great cultures, and happy clients who happily send them referrals? What’s their secret? We work with thousands of accounting professionals every day.

CPA 59
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3 common cybersecurity mistakes accountants make

Accounting Today

Firms don't always make the best decisions when it comes to locking down the data that resides in their applications.

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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.

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5 Best Practices for FinOps Cloud Policies & Governance

Economize

In a world where managing cloud costs effectively is crucial, FinOps Cloud Policies and Governance play a vital role in helping organizations make the most of their cloud investments.

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How intelligent automation is driving a digital accounting revolution

Accounting Today

As your IA practice advances, the scope of automation expands considerably.

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Becoming Employee-Owned: How BDO Broke Out of the Partner Model

Earmark Accounting Podcast

Wayne Berson, CEO of BDO USA, joins Blake and guest host, David Leary, to discuss BDO's recent transition to an employee stock ownership plan (ESOP), making it the first major accounting firm to implement an ESOP structure. They discuss how the ESOP aims to attract and retain talent in the accounting profession and provide employees at all levels with an ownership stake in the firm.

CPA 59
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Right Networks rebrands to Rightworks

Accounting Today

Right Networks, an accounting-centered cloud solutions provider, has changed its name to Rightworks.

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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!

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The Accountant’s Guide to Artificial Intelligence

Dext

It’s likely that you’re already familiar with AI, its capabilities and algorithmic prowess in decision-making. What you might be pondering is its concrete application in your everyday accounting tasks – how does AI really work for me? Think about your daily grind.

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Vendor Spotlight: Unit4

Accounting Today

In this week's Vendor Spotlight, we talk to CEO Mike Ettling from ERP solutions provider Unit4.

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9 Strategies to Differentiate Your Accounting Firm

Future Firm

Discover how an online community can be a factor in securing more deals, improving client experience, and a differentiator for your firm. The post 9 Strategies to Differentiate Your Accounting Firm appeared first on Future Firm.

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Why BDO is Breaking Up with the Partner Model

Blake Oliver

On my podcast, we talk a lot about the talent crisis in the accounting profession. With crazy high turnover, especially among experienced staff, firms struggle to attract and retain enough employees to handle all the work. This pressing issue is why I was so eager to speak with Wayne Berson, CEO of BDO USA, about their bold, outside-the-box move to become an employee-owned firm.

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The Definitive Guide to Spend Management

The status quo for AP in small and mid-market companies is broken. It consists of messy tech stacks of siloed solutions that give rise to manual work, a lack of control, wasted spend, and unnecessary risks. The benefits of shifting to spend management are tangible, measurable, and are felt across the whole organization. Spend management is a different way of thinking and an innovation whose time has come.

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Media Predictions for 2024

AvidXchange

2024 is set to be a pivotal year in the media industry due to significant events such as a Presidential election and the Olympics. This is expected to drive ad spending to unprecedented levels. Due to the Hollywood strikes and a related absence of new content, audiences are liable to shift towards digital streaming catalogs from services like Netflix and Hulu.

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Nanonets Pipedrive Workflow Automation: Master and take control of your CRM

Nanonets

Automate your sales processes and unlock the full potential of your CRM with Nanonets integrated Pipedrive Workflow Automation. In today's fast-paced business world, staying ahead of the competition requires efficiency, productivity, and strategic decision-making. And that's where workflow automation comes into play. By automating repetitive tasks and streamlining business processes, you can free up valuable time and resources to focus on what truly matters – closing deals and d

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5 Ways Outsourced Accounting Can Help Property Developers and Managers

Insightful Accountant

The Bonadio Group's Cheryl Prout discusses why property developers and managers can benefit from outsourced accounting.

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A Complete LlamaIndex Guide

Nanonets

Introduction Welcome to our guide of LlamaIndex! In simple terms, LlamaIndex is a handy tool that acts as a bridge between your custom data and large language models (LLMs) like GPT-4 which are powerful models capable of understanding human-like text. Whether you have data stored in APIs, databases, or in PDFs, LlamaIndex makes it easy to bring that data into conversation with these smart machines.

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Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC

In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.

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What is a brand, and where do you start?

Insightful Accountant

Accountants speak numbers, so let’s start with some numbers that speak to the importance of having a strong brand for your firm.

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Member Spotlight: Credit Managers Use Education to Adapt

NACM

In the ever-changing atmosphere of credit management, credit professionals must be adaptable. They must be prepared when changes happen within the department, company or industry. Credit professionals can adapt by earning a designation through NACM's Professional Certification Program. After earning each designation, trade creditors are not only bu.

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Xerocon Nashville 2024

Insightful Accountant

Get ready to two step, because Xerocon is headed to Nashville!

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AvidXchange Supports Property Management Company as it Triples in Size  

AvidXchange

Security Properties Residential Scales Dramatically with the Support of AvidXchange and Entrata Over Hannah Scherer’s tenure at Security Properties Residential , she’s witnessed striking growth – not only in the company but in her own role. When Scherer started with Security Properties Residential in 2020 as a temp, the organization managed about 30 properties.

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Putting the ‘Tech’ in Spend Management Techniques

Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker

If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. And while this may sound like great news for you and your clients, it won’t be worthwhile unless you have the latest techniques to back up your ambitions!

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Exploring Our Integrations: How LedgerDocs Enhances Your Accounting Software

LedgerDocs

Accountants, bookkeepers, and financial managers face the daunting task of managing what feels like an endless stream of financial information and transactions. Efficiency, accuracy, and accessibility in the tools they choose are instrumental in making the workload feel manageable. Enter our document management platform LedgerDocs, a powerful software designed to not just make your work easier, but to transform your entire accounting workflow.