FinOps in Practice

SEPTEMBER 10, 2023

In this article, we describe Process 2 – Feature engineering, or the development of features. Please, find the whole scheme, which describes key MLOps processes here. The main parts of the scheme are horizontal blocks, inside of which the procedural aspects of MLOps are described. Each of them is designed to solve specific tasks within the framework of ensuring the uninterrupted operation of the company’s ML services.

FinOps 130

FinOps FinOps 130

Ace Cloud Hosting

SEPTEMBER 10, 2023

Accounting operations are no longer about paperwork. Software programs have taken center stage, and users are picking different accounting solutions depending on their requirements. Since the range of accounting software.

QuickBooks 105

QuickBooks Accounting Software Accounting Accounting 105

Insightful Accountant

SEPTEMBER 10, 2023

Verosa offers payment processing for QuickBooks, QuickBooks Online, QuickBooks Desktop, and even QuickBooks Point-of-Sale.

QuickBooks 102

QuickBooks 102

Accounting Tools

SEPTEMBER 10, 2023

Related Courses Managerial Economics Operations Management What is Productivity? The productivity concept is used to measure the efficiency of an individual or process. To calculate productivity, divide total output by total costs consumed, where output is usually defined as revenue. Productivity is commonly measured on a trend line , to see if the cumulative impact of ongoing training and process improvements are enhancing the ability of a person or business to generate greater output at the sa

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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.

Accounting

Invoicera

SEPTEMBER 10, 2023

Is managing finances proving a headache for you? If yes, you are not alone in this. Whether running a start-up or an established organization, you will face challenges managing finances if you don’t have a dedicated and modern financing solution in place. Another two common problems are: Having an outdated payment management system Not properly implementing the system Traditional paper-based payments have long been frustrating for enterprises, bogging down with time-consuming processes and poten

Invoicing 52

Invoicing Financial Operations Financial Operations Billing 52

Insightful Accountant

SEPTEMBER 10, 2023

In the first part of our 'Future Forward' webinar, Seth Fineberg And Kellie Parks will tackle 'Marketing Your Services.' Sign up today inside.

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Insightful Accountant

SEPTEMBER 10, 2023

The firm continues to pick up honors, including accolades from FORTUNE, Best Companies Group and IPA as an industry leader in 2023.

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Accounting Tools

SEPTEMBER 10, 2023

Related Courses The Income Statement What are Gross Sales? Gross sales are the total sales recorded prior to sales discounts and sales returns. It is useful as a measure of the overall sales activity of a business. However, if a company is selling faulty products that are later returned, gross sales is not a good indicator of the abilities of an entity; in this case, net sales is a better indicator.

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Accounting Tools

SEPTEMBER 10, 2023

Related Courses Accounting for Bonds Accounting for Investments Corporate Finance What is a Maturity Date? The maturity date is the date on which a debt must be paid in full. On this date, the principal amount of the debt is fully paid, so no further interest expense accrues. The maturity date on some debt instruments can be adjusted to be on an earlier date, at the option of the debt issuer.

Corporate Finance 40

Corporate Finance Accounting Accounting 40

Accounting Tools

SEPTEMBER 10, 2023

Related Courses Corporate Cash Management Corporate Finance Treasurer's Guidebook What is a Fixed Rate Loan? A fixed rate loan is a lending arrangement in which the interest rate charged does not change for the life of the loan. In this situation, the lender is taking on the risk that the market rate of interest will vary from the rate embedded in the loan.

Corporate Finance 40

Corporate Finance 40

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.

Accounting Tools

SEPTEMBER 10, 2023

Related Courses Bookkeeper Education Bundle Bookkeeping Guidebook What is a General Ledger? A general ledger is the master set of accounts that summarize all transactions occurring within an entity. There may be a subsidiary set of ledgers that summarize into the general ledger. The general ledger, in turn, is used to aggregate information into the financial statements of a business; this can be done automatically with accounting software, or by manually compiling financial statements from the i

General Ledger 40

General Ledger Financial Statements Record Keeping Bookkeeping 40

Accounting Tools

SEPTEMBER 10, 2023

Related Courses Human Resources Guidebook The Balance Sheet What is 401(k) Payable? 401(k) payable is a general ledger account that contains the amount of 401(k) plan pension payments that an employer has an obligation to remit to a pension plan administrator. This account is classified as a current liability , since the amount owed should be paid within one year.

General Ledger 40

General Ledger Accounting Accounting 40

Accounting Tools

SEPTEMBER 10, 2023

Related Courses Corporate Cash Management Foreign Currency Accounting What is a Managed Currency? A managed currency is a currency for which the exchange rate is controlled by a government’s central bank. The government does so by either setting a fixed exchange rate or by engaging in buying and selling transactions through its central bank. Even when a government claims to be letting its currency's exchange rate rise and fall in accordance with the forces of supply and demand, it may be making

Accounting 40

Accounting Accounting 40

Accounting Tools

SEPTEMBER 10, 2023

What is a Royalty? A royalty is compensation paid in exchange for the use of intellectual property or natural resources. The royalty is typically computed as a percentage of the sales or profit proceeds generated from the use of these assets. The terms of the arrangement are contained within a license agreement, which is entered into by the asset owner and the party wanting to use the asset.

Computation 40

Computation 40

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Accounting

Accounting Tools

SEPTEMBER 10, 2023

Related Courses The Balance Sheet What is a Garnishment Payable? A garnishment payable is the amount that a business owes to the applicable court or other agency that has required funds to be withheld from an employee 's paycheck. Garnishments may be associated with unpaid taxes, unpaid loans , child support, spousal support, and similar matters. These amounts should be recorded within a separate garnishment payable liability account, so that the accounting staff can more closely track the statu

Tax 40

Tax Accounting Accounting 40

Accounting Tools

SEPTEMBER 10, 2023

Related Courses Cost Accounting Fundamentals What are Fixed Expenses? Fixed expenses are expenses that do not change in conjunction with the level of activity. These expenses tend to be quite stable, not changing much from month to month. Examples of fixed expenses are advertising, dues, equipment leases, insurance, and rent. Expenses tend to be fixed within a certain range of activity, but will vary outside of that range.

Cost Accounting 40

Cost Accounting Accounting Accounting 40

Accounting Tools

SEPTEMBER 10, 2023

Related Courses Auditing State and Local Governments Governmental Accounting The Green Book Explained The Yellow Book Explained What is a Soft Loan? A soft loan is a loan that features a below-market interest rate or no interest at all. These loans are also known for having unusually favorable terms, such as extended repayment periods and interest holidays.

Auditing 40

Auditing Accounting Accounting 40

Accounting Tools

SEPTEMBER 10, 2023

Related Courses Money Laundering What is Structuring? Structuring is the practice of executing financial transactions in such a way that the filing of financial reports to the government is avoided. This usually involves keeping individual bank deposits lower than $10,000. Once the $10,000 threshold is reached, banks are required by the Bank Secrecy Act to file a Currency Transaction Report with the government.

Deposits 40

Deposits Financial Reporting Tax Accounting 40

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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.

AP

Accounting Tools

SEPTEMBER 10, 2023

Related Courses GAAP Guidebook International Accounting What are FASB Pronouncements? FASB pronouncements are the various issuances of the Financial Accounting Standards Board. Its pronouncements include the following: Statements of financial accounting standards Statements of financial accounting concepts Interpretations Technical bulletins Staff positions These pronouncements, as a whole, constitute a set of rules and general guidelines for the reporting of financial information.

Financial Accounting 40

Financial Accounting Accounting Accounting 40

Accounting Tools

SEPTEMBER 10, 2023

Related Courses How to Audit Payroll Optimal Accounting for Payroll Payroll Management What is a Garnishment? A garnishment is a legal authorization to seize the personal property of a debtor that is in the possession of a third party. Garnishments frequently involve court orders to employers to retain the wages of their employees to pay for child support, unpaid taxes, and unpaid debts.

Payroll 40

Payroll Auditing Tax Accounting 40

Accounting Tools

SEPTEMBER 10, 2023

Related Courses Partnership Accounting Partnership Tax Guide What is a General Partner? A general partner is a member of a partnership who has unlimited liability for the obligations of the business. Unlimited liability means that creditors of the partnership can access the personal assets of the general partner. This person usually has management responsibility for the firm, being closely involved in its daily operations.

Tax 40

Tax Accounting Accounting 40

Accounting Tools

SEPTEMBER 10, 2023

Related Courses GAAP Guidebook International Accounting What is a FASB Interpretation? A FASB Interpretation is an official issuance of the Financial Accounting Standards Board (FASB). This document provides additional information about a previously-issued accounting standard , stating how it should be applied; it is essentially explanatory. An interpretation is considered to be part of generally accepted accounting principles.

Financial Accounting 40

Financial Accounting Accounting Accounting 40

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.

Accounting Tools

SEPTEMBER 10, 2023

Related Courses Fraud Examination Fraud Schemes How to Audit for Fraud What is a Fraud Audit? A fraud audit is a detailed examination of the financial records of a business, with the intent of finding instances of fraud. This procedure is more detailed than a normal audit , since some types of fraud involve such small amounts of money and other assets that they might fall below the standard materiality threshold.

Auditing 40

Auditing Financial Statements Financial Records 40

Accounting Tools

SEPTEMBER 10, 2023

Related Courses Business Insurance Fundamentals Disaster Recovery Planning Enterprise Risk Management What is Reputational Risk? Reputational risk is the possibility that an organization's brand will be damaged. A firm's reputation can be impaired in a number of ways, including the following: By management actions. For example, management decides not to recall a product, which then causes injuries to a number of customers.

Customer Service 40

Customer Service 40

Accounting Tools

SEPTEMBER 10, 2023

Related Courses Business Ratios Guidebook The Interpretation of Financial Statements What is the Quick Ratio? The quick ratio is used to evaluate whether a business has enough liquid assets that can be converted into cash to pay its bills. The key elements of current assets that are included in the ratio are cash, marketable securities , and accounts receivable.

Accounts Receivable 40

Accounts Receivable Accounts Receivable Account Receivables Financial Statements 40

Accounting Tools

SEPTEMBER 10, 2023

Related Courses Business Ratios Guidebook Financial Analysis The Interpretation of Financial Statements What is Profit Margin? Profit margin is the percentage of sales that a business retains after all expenses have been deducted. In essence, it shows the proportion of each dollar of sales that is retained as earnings. For example, a 15% profit margin indicates that a business is retaining $0.15 from each dollar of sales generated.

Financial Analysis 40

Financial Analysis Tax Financial Statements Auditing 40

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!

Accounting