Fri.Nov 10, 2023

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Tech News: Intuit shutters Mint

Accounting Today

Plus, Results Software returns to original ownership; Tax Autopilot applies generative AI to federal and state tax filing; and other accounting tech news.

Tax 280
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Navigating the Challenges of B2B Debt Collections

Enterprise Recovery

Debt collections between businesses (B2B) is the recovery of overdue payments for goods or services provided to another company. Understanding the intricacies of B2B debt collections is essential for businesses to manage their cash flow effectively and maintain healthy financial relationships with their clients. Businesses of all sizes often face delayed payments, invoice disputes, and communication difficulties.

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Survey finds 37% have already laid off workers due to AI

Accounting Today

A recent survey of finance leaders has found that 37% have already laid off workers because AI made their positions unnecessary, and 44% anticipate such layoffs to continue next year.

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The Introvert's Guide to Networking at QBConnect

Insightful Accountant

Picture yourself at QB Connect, casually mingling with industry bigwigs, tech wizards, and soon-to-be buddies. With these three simple tips, you'll be ready to conquer the challenge.

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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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Texas hits EY with $3M penalty

Accounting Today

The fallout from a CPA exam cheating from last year continues down to the state level.

CPA 323
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Earmark Media Presents: Unofficial QuickBooks Accountants Podcast

Cloud Accounting Podcast

Listen to the full Unofficial QuickBooks Accountants Podcast here: [link] Earmark Media Presents a bonus episode of Unofficial QuickBooks Accountants Podcast. Hector and Alicia dig into all the details and speculation around Intuit's newest cloud accounting product QuickBooks Ledger. Is it an affordable option for write-up clients or an over-hyped limited edition QBO?

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Using Automation Software for Improved Procurement Spend Analysis

NextProcess

Procurement plays a vital role in company success through spend management. By leveraging procurement data and optimizing the procurement process, companies can improve cash flow, cut costs, and collect useful financial data. The process of collecting and analyzing the data related to procurement is called spend analysis. Spend analysis involves collecting data from the entire procurement process.

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IRS needs to work to keep funding flowing: IRSAC

Accounting Today

In its annual report, the advisory council recommends that the agency prioritize educating lawmakers.

Tax 280
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Finding Ways to Improve Stakeholder Engagement in the Procure-to-Pay Process

NextProcess

17Procurement professionals work with a wide range of people throughout the company as well as suppliers outside the company. These internal and external stakeholders play a vital role in procurement. Engaging internal stakeholders and effectively managing external stakeholders can make a huge difference in how well a procurement department performs.

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Smoother sailing for next tax season?

Accounting Today

The IRS and preparers are preparing to navigate the filing season ahead.

Tax 288
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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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How AvidXchange Streamlined Payments for Medium Buying

AvidXchange

Ad-buying in today’s world is more complicated than ever as brands and advertisers look for innovative ways to make a bigger splash in a crowded marketplace. Medium Buying, a political media agency, was developed with this in mind, noting that “today, a good ad-buying company is focused on getting powerful creative or content in front of their target audience regardless of the medium it takes to reach them.

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On the move: Forvis expands to San Francisco Bay area

Accounting Today

CohnReznick names chief people officer; Moss Adams adds to forest products practice; and more news from across the profession.

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The Power Pair: Simplifying Paper Conversion & Reassociation with SSI

SSI Healthcare Rev Cycle Solutions

The Power Pair: Simplifying Paper Conversion and Reassociation with SSI [On-Demand Webinar] Home / Every revenue cycle leader is familiar with the grueling challenges of paper conversions: a time-consuming, error-prone process that often stands between your organization and timely payments. But consider this — according to the CAQH Core 2022 report, by switching from manual remittances to ERAs (electronic remittance advice), there’s a potential savings of $4.02 and 7 minutes per transactio

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Tech startup faked an audit report, and more: SEC

Accounting Today

The former co-CEOs of Bitwise Industries used a number of fake documents to help raise money from investors.

Auditing 183
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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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Why You Need Cash Flow Projections

Invoicera

The most important aspect of any business is financial stability. If you understand your company’s financial health, then only you can make better future decisions ensuring its sustainability. So, how can you do this? Cash flow projections help you to predict future finances to a greater extent. Let’s consider the below quote. It clearly explains how crucial is the cash flow in your business.

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Tax Strategy: Guidance on the Clean and Used Clean Vehicle Credits

Accounting Today

Proposed regulations from the IRS are generally effective beginning in 2024.

Tax 171
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The Power Pair: Simplifying Paper Conversion & Reassociation with SSI

SSI Healthcare Rev Cycle Solutions

The Power Pair: Simplifying Paper Conversion and Reassociation with SSI [On-Demand Webinar] Home / Every revenue cycle leader is familiar with the grueling challenges of paper conversions: a time-consuming, error-prone process that often stands between your organization and timely payments. But consider this — according to the CAQH Core 2022 report, by switching from manual remittances to ERAs (electronic remittance advice), there’s a potential savings of $4.02 and 7 minutes per transactio

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Tax inspectors don't tend to believe in magic

Accounting Fun

A tax inspector arrived at the front door of a magnificent 8 bedroom mansion in the depths of the countryside. "How have you managed to buy this luxurious mansion whilst your income is so low?" he asked the market trader who lived there. "Well" replied the trader, "When I was fishing last year, I caught a golden fish. When I took it off the hook the fish looked at me and spoke.

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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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Inside the Booming Creator Economy: What Brands Need to Know

Tipalti

Inside the Booming Creator Economy: What Brands Need to Know In 2011, I had zero dollars to my name and was living off Ramen noodles and the hope that someone would read my Glee spec script.

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A World Without Credit Would Be Chaos

NACM

?️ On today's episode of NACM's Extra Credit podcast. Trade creditors are the lifeblood of our economy, currently providing approximately $5.6 trillion of capital to businesses in the United States, most of which is extended on an unsecured basis. Here we explore what a world might look like without credit (hint: It is pure chaos).⭐ Hear from Er.

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