Wed.Aug 16, 2023

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How accounting is taking on the challenges of fraud

Accounting Today

IRS warnings about a "wave of summer scams" and new business rules designed to combat fraudulent claims for refundable credits are among the latest developments.

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What Is Provisioning? A Simple Guide For 2023

CloudZero

Your IT infrastructure, resources, and components play a crucial role in your system performance, security, and overall health. Provisioning is often one of the very first steps toward setting up the right environment for your workload requirements - both locally and in the cloud.

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IASB completes two new standards

Accounting Today

Two major sets of changes are on their way, plus the board has released amendments regarding reporting on currencies that can't be exchanged.

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A Peek at NetSuite 2023R2: A/P and Bill Capture Enhancements

Insightful Accountant

Murph begins a series of 'peeks' into the new features and functionalities on the way in the 2023 Release 2 update to NetSuite. Here, he looks at A/P and Bill Capture enhancements.

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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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19% of accountants have nightmares about revenue data

Accounting Today

Two different surveys suggest accounting and finance pros may be even more unhappy with their work than expected.

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4 Key Financial Tips for Dentists

CSI Accounting & Payroll

You didn’t choose dentistry because you love finances. However, you know that simply putting in time at your office isn’t enough to keep your practice afloat, much less growing. At CSI Accounting & Payroll, we've worked with small businesses - including dental practices - for over 50 years. In all of that time, we've gotten a lot of questions about what dental practices can do to improve their businesses.

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A Step-by-Step Explanation of How Invoice Payment Works

Invoicera

Ever Puzzled over an invoice and wondered how it all works? You are in the right place. Invoices play a key role in business transactions, ensuring we get paid on time. You need to know the ins and outs of the invoice payment process to make the most of them. In this blog post, we will guide you through invoice payment while deep-diving into the essential elements of invoices.

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Vendor Spotlight: LeaseCrunch

Accounting Today

In this Vendor Spotlight, we talk with Ane Ohm, CEO and co-founder of lease accounting solution LeaseCrunch.

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Calling All Accounting Professionals

Insightful Accountant

What are you doing to address the industry's talent crisis? The Center for Accounting Transformation is conducting a study to find out what's being done. See how your data can help.

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Pricing your CoPilot, and other tech stories you may have missed

Accounting Today

Microsoft makes two moves in AI, and eight other developments in technology from the past month, and how they'll impact your clients and your firm.

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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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Exploring Solutions to the Accounting Talent Shortage with Jen Cryder, CEO at PICPA

Cloud Accounting Podcast

Jen Cryder, CEO of the Pennsylvania Institute of Certified Public Accountants, joins Blake and David to discuss the accounting profession's pipeline problems, including the decline in accounting majors and the difficulties of replacing retiring CPAs. Join the discussion on solutions like work-and-learn models and redefining education requirements. Discover strategies to attract and retain talent, prioritizing the preferences of younger generations and aligning company culture with marketing effo

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Complying with the FTC Safeguards Rule

Accounting Today

Balancing the mandates of the rule with accounting firms' IT capabilities is crucial task.

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4 Steps to Streamline Your Client Onboarding Process

Future Firm

Client onboarding is a critical process that comes with its fair share of challenges. In this episode, I explained the importance of the client onboarding process and shared four tips on how to streamline it. Listen Below. 0:48 – My best clients, those who remained and built strong relationships with my firm, were consistently those who had a seamless and stress-free onboarding. 1:32 – Automated processes can be overly impersonal and robotic, lacking the human touch.

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Pathways to Growth: Driving demand with revenue segment leadership

Accounting Today

Firms need to operate more like football teams than loose collections of golfers.

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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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Basis Period Reform: All You Need to Know

Dext

Basis Period Reform (BPR) is coming into full effect from 2024/25. To help you navigate this change, our experts have put together all the information you need including what is changing, who it will affect and when. The basis period reform (BPR) alters how unincorporated businesses are taxed.

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Survey: Accountants’ Dream of Financial Transformation but Lack Fulfillment and Confidence

Insightful Accountant

The latest 'Controller’s Guidebook' from FloQast reveals that 60% of accountants would give their on-the-job fulfillment a C grade or lower. See what else the survey says.

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Xero Accounts Payable

Tipalti

Get more out of your Xero accounts payable software by leveraging add-on integrations and optimizing your Xero AP workflows. Learn how in our step-by-step article.

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6 FinOps Principles & Best Practices – GCP, AWS, and Azure

Economize

Explore the core principles of FinOps and its pivotal role in cloud cost optimization.

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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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Online Influencer Payment Calculator

Tipalti

Use our Paypal Fee Calculator to quickly and accurately calculate your Paypal fees for any transaction. Save time and avoid errors with Tipalti's calculator.

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Tax credits struggle to boost sales of electric vehicles

Accounting Today

Confusion around ever-changing rules, price-sensitivity and other factors have dampened the results of the Inflation Reduction Act's incentives.

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Global Treasury Management

Tipalti

Learn how to effectively manage cash, mitigate risks, and optimize liquidity in an international business environment for streamlined global treasury management operations.

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The price tag of the Inflation Reduction Act remains a mystery

Accounting Today

The cost of the IRA's uncapped tax credits and incentives is almost impossible to pin down.

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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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Member Spotlight: Stay One Step Ahead with a CCE

NACM

The credit industry is constantly evolving. Credit professionals can remain on the cutting edge by earning a designation through NACM's Professional Certification Program. Through the various designations, credit professionals are guaranteed to learn more skills and gain knowledge in credit management that will keep them one step ahead.Harinder Vir.

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