Thu.Apr 06, 2023

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Celebrating accountants: an axe thrower, heavy metal DJ and hotel manager

Xero

Our recent research found that accountants are facing a number of serious challenges, so we want to put a spotlight on their brilliant work, and their lives beyond the industry. Here, we continue to celebrate accountants, speaking with Callum Tingle, axe thrower and director at Fresh Business Solutions , Zahra Kassamali, hotel manager and accountant at Jaffer & Co , and Neil Criddle, founder of NDC and heavy metal DJ.

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Inclusive design: Indigenous ties inspire new Toronto workplace

Intuit

Diversity, equity and inclusion (DEI) leaders all have something in common: inclusion is part of their operational DNA and central to the behaviors they model across the organization. The responsibility to create a more equitable and inclusive world belongs to everyone. DEI is foundational to our company and explicit in our values. It’s a sustained effort, and exemplified through everything we do – not just when the calendar or trending topics remind us of this commitment.

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The Benefits of Best of Breed Accounts Payable

Ascend Software blog

Accounts payable is a crucial function in any business that involves the management of all outstanding invoices, payments, and expenses. Many companies opt for a single supplier solution (Best of Suite) by bundling accounts payable, content management systems, ERP, etc. - but this may not always be the best approach.

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Reducing the Woes of Supply Chain Management with NetSuite

Accounting Department

Supply chain management deals with areas of procurement, operations, logistics, marketing channels, and more so that businesses can simply operate and deliver within their industry. For companies of all sizes, an enterprise resource planning (ERP) system like NetSuite will help with efficiently managing supply chain activities that turn raw materials into finished products for its customers.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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Swift Payment

Tipalti

Navigate SWIFT payments confidently with our step-by-step guide. Get ready to make fast, secure, and accurate cross-border payments using the SWIFT payment system.

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Introducing Advanced Cyclical Optimization: Automatically Increase Compute Savings on Cyclical Cloud Workloads

ProsperOps

A few weeks ago I published an educational blog on how to maximize Reserved Instance and Savings Plan savings when workload patterns are cyclical. Today, I’m excited to announce the ProsperOps platform has added Advanced Cyclical Optimization Support, which fully implements the concepts described in that blog post. Autonomous, Optimized Coverage for Cyclical Workloads Prior to today, ProsperOps had limited support for cyclical workload patterns, and our ability to cover “above the cycle trough”

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DevOpsDays Denver

ProsperOps

DevOpsDays Denver April 24-25, 2023 Mile High Station and Iron Works Join ProsperOps at DevOpsDays Denver on April 24-25! We're excited to connect with you in Colorado at DevOpsDays Denver! Stop by our table to meet our team, collect some swag and learn more about our automated cost optimization platform for AWS. RSVP to let us know you're attending!

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Pending Transactions in QB Desktop

Insightful Accountant

It is easy to forget things, especially if we don't use them very often. And if we forget them, then we probably forget to teach them to our clients as well.

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Why Should You Sell AP Automation as an ERP / Accounting Software Provider?

Compleatable

As businesses continue to look for ways to streamline their financial processes, the demand for accounts payable automation solutions is on the rise. This presents an opportunity for ERP / Accounting software providers to expand their product offerings and provide a valuable service to their customers. Increased Market Demand The demand for accounts payable automation is growing as businesses seek to reduce the time and effort required for manual tasks.

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Fyle Partners with Mastercard on Real-time Expense Reporting

Insightful Accountant

The US-based management software provider has launched a real-time credit card feed integration for business cards issued on the Mastercard network.

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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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ERP Integration: How ERP Systems & AP Automation Tools Work Together

MineralTree

ERP Integration: How ERP Systems & AP Automation Tools Work Together An Overview of ERP Systems Enterprise Resource Planning (ERP) refers to a software that allows companies to manage various parts of their organization. They are commonly used within the finance department, including accounts payable , accounts receivable, and purchasing. The tool’s capabilities also extend into other areas to help companies manage inventory and customers, and enhance communication between departments and te

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Best Way to Pay Independent Contractors

Tipalti

Want to simplify the payment process for independent contractors? This guide details the easiest and quickest ways to make freelancer payments.

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5 Ways You Can Optimize Your Restaurant Accounting in 2023

Outsourced Bookeeping

Restaurants operate in a highly-competitive and ever-changing market. Add this to staffing challenges, ever-shifting food trends, customer preferences and daunting regulatory environment – a restaurant could be the most dynamic among all the business. Even when all the above challenges are successfully overcome, a restaurant owner may still fin fit difficult to successfully run the business without right accounting and financial management.

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Making a Case for AP Automation

Tipalti

Making your case for accounts payable (AP) automation doesn’t need to be complicated. Follow our tips to create a compelling AP Automation business case.

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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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Creating a Bold Identity

Insightful Accountant

SmartVault launches a new brand identity and website reflecting its commitment to advancing cloud-based document management.

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Tax Planning For Small Businesses

LedgerDocs

Tax planning can sometimes feel like an overwhelming task, especially for small business owners, who have their hands full as is. However, effective tax planning is critical. It can save you a significant amount of money, help you avoid tax penalties, and keep you compliant with the law. In this blog, we’ll discuss some essential tax planning tips for small business owners.

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Tipalti vs. BILL (Formerly Bill.com)

Tipalti

Both Tipalti and Bill.com offer software solutions that help companies automate their accounts payable processes. But each platform offers unique features and solutions for different financial needs.

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5 Key Tips to Better Manage Your Accounting Team’s Workload

Jetpack Workflow

Managing your accounting team’s workload as a CPA or accounting firm owner can be time-consuming, especially when you feel like you’re drowning in work. From juggling multiple clients to meeting shifting deadlines, tracking everything your team is working on (let alone ensuring everything is completed on schedule and to your client’s satisfaction) is a challenge.

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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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What Is Image Recognition?

Nanonets

In this article, we’ll cover why image recognition matters for your business and how Nanonets can help optimize your business wherever image recognition is required. What is image recognition? Image recognition, also known as image classification, is a computer vision technology that allows machines to identify and categorize objects within digital images or videos.

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The Role of Bookkeeping in Preparing for an Audit

Bookkeeping Express

For many business owners, the mere mention of an audit can evoke feelings of stress and anxiety. The announcement of an actual audit can be overwhelming, prompting a scramble to locate important documents, reconcile accounts, and otherwise “get things together.” But the fact is that just about any financial documentation an auditor wants to examine is also something that would directly benefit the business’s owners and managers themselves.

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The Power of a CPA Coach: A Guide for Accounting Firms

Future Firm

A business and CPA coach can be a great asset for accounting firms that want to not only grow their business but also improve their work-life balance. In this blog post, I’ll be exploring the power of a CPA coach as a tool for driving success. We’ll cover the benefits of hiring a coach, the qualities to look for in a coach, and how to choose the right coach for your firm.

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Supply Chain Automation: The Complete Guide

Nanonets

In today's globalized economy, supply chains are becoming increasingly complex, with numerous stakeholders, processes, and data points involved. From raw material sourcing and production to shipping and delivery, managing the supply chain can be a daunting task for businesses. This is where supply chain automation comes into play, offering a range of benefits, from increased efficiency and productivity to reduced costs and 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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Borrowing base definition

Accounting Tools

Related Courses Corporate Cash Management Corporate Finance Treasurer's Guidebook What is a Borrowing Base? The borrowing base is the total amount of collateral against which a lender will lend funds to a business. It presents a maximum cap on how much asset-based debt a business can obtain. This typically involves multiplying a discount factor by each type of asset used as collateral.

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How to Extract Data from Invoices Using Python: A Step-by-Step Guide

Nanonets

In today's fast-paced business environment, processing invoices and payments is a critical task for companies of all sizes. Invoices contain vital information such as customer and vendor details, order information, pricing, taxes, and payment terms. Manually managing invoice data extraction can be complex and time-consuming, especially for large volumes of invoices.

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Petty cash procedure

Accounting Tools

Related Courses Bookkeeping Guidebook Corporate Cash Management How to Audit Cash Optimal Accounting for Cash How to Fund Petty Cash When cash is added to a petty cash fund, the basic concept is to replace the amount of any cash that had previously been disbursed from the fund. This involves summarizing all disbursements made and issuing cash back to the fund for that amount.

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Investment revenues definition

Accounting Tools

Related Courses Corporate Cash Management Corporate Finance Treasurer's Guidebook What are Investment Revenues? Investment revenues refers to the income earned from invested funds. This is usually the interest earned on debt securities or dividends earned on equity securities. Investment revenues are usually considered to be incidental revenues when compared to those generated by the operations of a business, and so are segregated in a separate account.

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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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How to calculate real interest rates

Accounting Tools

Related Courses Corporate Finance Treasurer's Guidebook The real interest rate is the interest rate being used to lend cash between a lender and a borrower , with the current inflation rate subtracted out. The concept is useful for discerning the real cost of funds that a borrower is incurring, as well as the real rate of return for the lender. The calculation is: Nominal interest rate - Inflation rate = Real interest rate The concept of the real interest rate is why lenders prefer to lend funds

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Impairment loss definition

Accounting Tools

Related Courses Fixed Asset Accounting GAAP Guidebook Goodwill Impairment Essentials What is an Impairment Loss? An impairment loss is a recognized reduction in the carrying amount of an asset that is triggered by a decline in its fair value. When the fair value of an asset declines below its carrying amount, the difference is written off. Carrying amount is the acquisition cost of an asset, less any subsequent depreciation and impairment charges.

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Indirect manufacturing costs definition

Accounting Tools

Related Courses Cost Accounting Fundamentals What are Indirect Manufacturing Costs? Indirect manufacturing costs are production costs that cannot be directly associated with a produced unit. Examples of these costs are supplies, depreciation , utilities, production supervisory wages, and machine maintenance. Under financial reporting, indirect manufacturing costs are aggregated into an overhead cost pool and allocated to the number of units produced in a reporting period ; doing so results in so

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Input tax definition

Accounting Tools

What is an Input Tax? An input tax is a levy paid by a business on acquired goods and services. An example of an input tax is the value added tax. When a business then taxes its customers , this is considered an output tax. The business pays the federal revenue authority the difference between the output tax and input tax if the amount is positive, or it can apply for a tax refund if the amount is negative.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.