Wed.Mar 22, 2023

article thumbnail

Xero announces future plans for WorkflowMax

Xero

Over a decade ago, Xero acquired the WorkflowMax (WFM) product to build out Xero’s practice tool offering globally, and ultimately help us to create a more seamless experience for accountants and bookkeepers to run their practice in the cloud. We followed with the launch of Xero Practice Manager (XPM), bringing to fruition the early vision we had for the WorkflowMax product.

XERO 290
article thumbnail

A London-based accountant rides the wave of digital transformation

Intuit

Growing up, Eriona Bajrakurtaj had a unique dream compared to other kids her age. “I wanted to be this businesswoman where I walk into a boardroom and everyone respects me because I have knowledge and things like that,” Eriona says. “I had a very different outlook from my friends.” In fact, very little about Eriona’s childhood was typical. At 13, she started bookkeeping for her father’s fledgling accounting business.

professionals

Sign Up for our Newsletter

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

article thumbnail

CFOs Love Outsourced Bookkeeping Services for These 4 Reasons

Accounting Department

Outsourced bookkeeping services are here to help CFOs of small to medium-sized businesses optimize their time and offer them a number of benefits!

article thumbnail

Building wealth over looking rich online with The Millennial CPA

Intuit

Money has always played an important role in Kim Liao’s life. As a little girl growing up in China, she embraced the side-hustle. She loved getting pocket change from her parents for doing chores or practicing piano and would even charge her uncles $3 to wash their hair. “I just wanted to be rich,” she remembers. Kim had a good role model for success and hard work in her mother—a college professor.

CPA 241
article thumbnail

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.

article thumbnail

ProsperOps at AWS Fest

ProsperOps

ProsperOps at AWS Fest May 3, 2023 Virtual Event 12:00 p.m. CT On May 3rd, w e're teaming up with N2WS for a presentation at the Compute Edition of AWS Fest! AWS Fest is a virtual global summit for cloud customers managing their workloads on AWS. The summit offers the most innovative and comprehensive real-life problem-solving topics affecting cloud.

article thumbnail

QuickBooks Payments Now Offering Dispute Protection

Insightful Accountant

See how the program will help protect small business against unforeseen charge-backs, regardless of fraud, no questions asked.

More Trending

article thumbnail

Tracking Barter Transactions and Accounts in QuickBooks

Insightful Accountant

Internationally renowned ProAdvisor Esther Friedberg Karp shares her insights on another barter scenario businesses encounter where your customers are not always your vendors, and vice versa.

article thumbnail

What is a balance sheet and how does it help me manage my finances?

Ontrack Bookkeeping

You’ve likely heard the phrase “in the black” or “in the red”. Your balance sheet is the tool that shows you whether your business is indeed “in the black”, or on the right side of the ledger, and is therefore the most important report to read and understand. It is a snapshot in time of your business up to the point of the date of the report, where a profit and loss report is looking at a block of time (generally a monthly or yearly period).

article thumbnail

Sharing the Wealth: Is Asking Partners to Increase Salaries the Answer to the Accounting Talent Shortage?

Blake Oliver

Gary Bolinger writes in Accounting Today that "the 150-hour rule is not the problem" and recommends that a solution to the talent shortage is "partners need to share the wealth" by increasing starting salaries. So let me get this straight. The partners — who worked really hard for an average of 15 years to get there — should bear the cost of the labor shortage.

CPA 52
article thumbnail

What is accounts payable outsourcing?

Nanonets

Growing businesses have to maintain relationships with many suppliers and vendors, and this usually ends up making the Accounts Payable process complicated. Vendors with different invoicing standards/procedures tend to make accounts payable processes quite cumbersome. If there are limited resources within your AP department, it becomes crucial to plan on how to scale the function to deal with greater volumes of invoices and data entry.

article thumbnail

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.

article thumbnail

13 Ways Small Businesses Can Lower Their Tax Liability

Remote Quality Bookkeeping

All business owners want a thriving business that grows consistently and offers steady profits. Tax preparedness is key to this. Businesses are required to pay taxes on their profits but there are ways to reduce their tax liability so that more funds are available to be re-invested into the business, thus helping it grow further. Tax liability is the total amount of taxes a business must pay to the IRS.

Tax 52
article thumbnail

What is process intelligence?

Nanonets

Process intelligence is where the art of intelligent processing and the science of decision-making meet. In the realm of business management, it is the overlap between business intelligence and business process management. Process intelligence leverages tools to simplify business processes and data to gain valuable insights that drive better business outcomes.

article thumbnail

Mastering BigQuery Monitoring Dashboard: 8+ Metrics and Strategies

Economize

The BigQuery Monitoring dashboard provides real-time visibility into the performance, scalability, and utilization of your BigQuery resources. By tracking key metrics on the dashboard, you can identify optimization opportunities, troubleshoot issues, and make informed decisions to boost ROI.

article thumbnail

OCR Automation - Extract Data using Automated OCR Workflows

Nanonets

What is Optical Character Recognition ? Optical Character Recognition (OCR) is a technology that converts printed or handwritten text into digital text that can be edited, searched, and stored electronically. OCR is commonly used in document scanning and digitization projects, as well as in automated data entry and processing systems. The technology behind OCR involves the use of specialized software and algorithms to recognize and interpret text characters from scanned or photographed images.

article thumbnail

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.

article thumbnail

Xero, Allinial Global Partner to Expand Cloud Accounting Globally

Insightful Accountant

The three-year agreement will help bring the capabilities of cloud accounting technology to more of Allinial Global member firms around the world.

XERO 52
article thumbnail

What Is an Auto-attendant Phone System? Our Small Business Guide

Fit Small Business

An auto-attendant is a popular voice-over-internet-protocol (VoIP) feature that transfers incoming callers to the right agent or department without needing a phone operator. This voice menu system allows companies to lessen wait times and manage large-scale call volumes. With its self-service functions, callers can get the help they need through touch-tone dialing, giving agents more.

52
article thumbnail

Datadog Cost Optimization: 7 Cost-Saving Best Practices

CloudZero

As cloud systems become increasingly sophisticated, you want a cloud monitoring platform that helps you identify, isolate, and fix root-cause issues quickly. Meanwhile, engineering leaders are under increasing pressure to reduce technology costs as the global economic outlook remains uncertain.

52
article thumbnail

Northfield Bank Business Checking Review 2023

Fit Small Business

If you operate in New York or New Jersey and need an affordable business checking account with low fees and high transaction limits, Northfield Bank is a great provider. It offers two business checking products: a free noninterest-drawing account and an $8 interest-earning account. These accounts provide up to 1,000 fee-free debits and credits. Other.

article thumbnail

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.

article thumbnail

How to Do Payroll in Brazil: Ultimate Guide

Fit Small Business

Learning how to do payroll in Brazil starts with registering your business, understanding Brazil’s tax law, managing social insurance taxes, and withholding taxes. The country’s business registration process is complex—but because it’s consistently rated in the top 10 largest economies, expanding business operations in Brazil can be prudent for certain businesses.

Payroll 52