Ascend Software blog

MAY 25, 2021

It's amazing to hear stories of how much efficiency and cost savings can be achieved through AP automation. But, leaders like Josh Kennedy will tell you that it's not as simple as picking a solution, turning it on, and saying goodbye to slow manual processing. Josh and his team underwent major changes to move from a manual AP process to a fully automated one with Ascend SmartTouch AP for Workday and they solved some significant business problems along the way.

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Accounts Payable Accounts Payable AP Accounting 130

CloudZero

MAY 11, 2021

Data is a key business intelligence tool. Successful businesses rely on data to make decisions. And every business needs a secure destination for storing collected data for later analysis. Cloud-based data warehouses are increasingly becoming the go-to destination.

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Collections 124

IPS

MAY 13, 2021

Today's increasingly competitive business environment requires fast decision-making.

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5 Minute Bookkeeping

MAY 27, 2021

What should you do if you are working on a massive QuickBooks Online cleanup and you come across a mysterious balance in an account called Opening Balance Equity on the balance sheet? You probably won’t recall ever adding that account to QuickBooks Online, or categorizing any transactions to/from it. So what is it, and why is it showing up on your balance sheet?

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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

AvidXchange

MAY 26, 2021

Jason King, a board member for the condominium community Trellis Fifth Avenue in San Diego, California, recently took a vacation. While on break in Mexico, three vendor invoices arrived. For all three, he simply clicked “approve” from his smartphone. On the beach. Sound like a cool way to do business? We agree. But there’s more to it. The vendors for this homeowners association (HOA) got paid faster because they didn’t have to wait for Jason to return from vacation.

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RevCycle

MAY 14, 2021

Regulation F and the CFPB commentary are over 900 pages of regulatory changes to everyday operational matters faced by the debt collection industry. Our team has spent months reviewing Regulation F for the purposes of implementing adjustments to our processes (you can learn about our organizational structure including Alliance Collection Agencies here ).

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Collections Accounting Accounting 52

CloudZero

MAY 4, 2021

AWS provides a number of useful services for managing and deploying containers, three among them being Amazon Elastic Compute (ECS), Elastic Kubernetes Service (EKS), and Fargate.

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Computation 119

SMB Accounting and Consulting

MAY 3, 2021

Integration management is defined by the PMBOK as a collection of processes required to ensure that the various elements of the projects are properly coordinated. It involves making trade-offs among competing objectives and alternatives to meet or exceed stakeholder needs and expectations. But what exactly does this mean in practice? In small businesses, it is very common that many employees wear multiple hats and perform many duties that would typically belong to different departments in a larg

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Budgeting Collections Management Accounting Accounting 52

Dext

MAY 6, 2021

Jessica Farmer is the COO and Co-Founder of Foray Business Group, a Pacific Northwest accounting firm serving clients across the U.S. How did you start your accounting practice?

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Accounting Accounting 40

AvidXchange

MAY 11, 2021

Back in 2016, Roger Rego faced a less-than-ideal situation as the finance director for Bridge Community Health Clinic , a health and dental care provider based in Wausau, Wisconsin. For any outgoing vendor check of $20,000 or more, he needed to get a signature from the treasurer of the clinic’s Board of Directors. But the treasurer had to drive across town to the main office to sign the checks.

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AP Invoicing Accounts Payable Accounts Payable 52

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.

IMA's Count Me

MAY 30, 2021

Contact Professor Orpurt: [link] "Spruce Up Your Learning", Strategic Finance (January 2021): [link] Telling Ain't Training by Harold D. Stolovitch and Erica J. Keeps : [link] FULL EPISODE TRANSCRIPT Adam: (00:05) Hey everyone! Welcome back to Count Me In , IMA's podcast about all things affecting the accounting and finance world. I'm your host, Adam Larson and this is episode 125 of our series.

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XY Bean Counters

MAY 11, 2021

5 MIN READ I’m not going to say that I’m an expert on how you should spend your money—although I am pretty good at spending my own. But as a bookkeeping professional, I am an expert at knowing what my clients spend their money on. Are you curious on what? Just for fun, I thought I’d show you how my financial advisor clients spend their money on average: Payroll (if they run it): 30-40% of total expenses Technology: 25% Professional memberships, continuing education, and coaching: 10% Other stuff

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Bookkeeping Payroll Accounting Accounting 52

CloudZero

MAY 6, 2021

Cloud infrastructure refers to the combination of virtual tools and resources which are packed together, giving users a means of connecting remotely to a central network, and supporting the delivery of a cloud-based service or product to the end customer.

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Cloud Accounting Podcast

MAY 20, 2021

Sponsors Synder: [link] Odoo: [link] Relay Financial: [link] Show Notes 02:15 – $58,508: The Average Starting Salary for New Accounting Grads [link] 3:44 – Fintech Startup Offers $500 for Payroll Passwords [link] 6:07 – Railz Raises $12 Million Toward API Development [link] 8:04 – Kabbage, FinTechs Under PPP Distribution Scrutiny [link] DOJ reportedly investigating Kabbage, fintech lenders, over PPP loans [link] 11:37 – Collective, a back-office platform for the self-employed, raises

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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

Dext

MAY 10, 2021

Cheryl-Lynn Schaefer is the founder of Now Bookkeeping services in British Columbia, Canada serving clients for over 20 years. How did you get starting in bookkeeping? Schaefer: I’ve been in accounting and bookkeeping for 20 years.

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Bookkeeping Services Accounting Accounting Bookkeeping 40

AvidXchange

MAY 3, 2021

In celebration of Oasis Solutions’ 30 th anniversary, Partner and Chief Revenue Officer, Aaron Rosenberg participated in a Q&A to discuss the company’s continued partnership with AvidXchange and the benefits our integration with Oracle NetSuite and Sage100 has offered their clients over the years. Additionally, Rosenberg shares some of the challenges Oasis’ clients recently faced due to the pandemic and provides insights on trends he’s identified over the past three decades.

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Purchase Order AP Invoicing 52

IMA's Count Me

MAY 23, 2021

Contact Andrew Warner: [link] FULL PODCAST TRANSCRIPT Mitch: (00:05) Hey everyone! Welcome back to Count Me In , IMA’s podcast about all things affecting the accounting and finance world. I'm your host Mitch Roshong and this is episode 124 of our series. What happens when marketing, finance and data analytics collide? Well, in today's episode, Andrew Warner CEO at Marketing CFO uses his unique mix of experience in both finance and marketing to help explain how companies can combine these efforts

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Accounting Accounting Management Accounting Financial Reporting 40

Oversight

MAY 3, 2021

An excerpt from “The Autobiographical Account of the World’s Most Controversial Employee” You see, it’s a common misconception that the world’s most remarkable artists are painters or sculptors. But making art – being an artist – is nothing more than the act of capturing perfection. And so, there are artists in every walk of life. I consider myself such an artist.

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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.

CloudZero

MAY 26, 2021

Businesses are increasingly interested in the economics of cloud computing. For instance, what are the financial implications of moving to the cloud versus staying on-premises? And what’s the best strategy for optimizing cloud consumption to get the best value from cloud resources?

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Computation 98

Cloud Accounting Podcast

MAY 27, 2021

Sponsors Client Hub: [link] Odoo: [link] Show Notes 1:12 – Welcome Kristen Keats, founder of Breakaway Bookkeeping & Advising, and practice owner at Sherwood Tax & Accounting 12:17 – David’s Rant of the Week – Virtual conferences suck 16:45 – REVIEW! Thank you, Jolen.opyc! 18:06 – KPMG Canada launches cloud accounting solution for SMEs [link] 24:06 – Burnout Is Real, On the Rise, and Retractable [link] 28:50 – Restaurant Revitalization Fund to stop accepting applications Monday - J

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Bookkeeping XERO CPA Auditing 40

Dext

MAY 10, 2021

Shayne Dueck, MPAcc, CPA, CA, is a Partner and Business Advisor with MNP’s Private Enterprise team in Saskatoon. Shayne works with businesses of all sizes, delivering customized advice and solutions to help them achieve their goals. Tell Me About MNP: Dueck: MNP as an accounting firm with more than 60 years of history.

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CPA Accounting Accounting 40

AvidXchange

MAY 3, 2021

As a finance professional looking towards the future, you may be interested in ways to improve the productivity of your business. You’ll take a big step in achieving that by using automated invoicing processes. We’re going to help you learn how and why. We’ll explain what automated invoicing is, the different types, and cost- and time-saving benefits it offers.

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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

IMA's Count Me

MAY 10, 2021

Contact Arno Wakfer: [link] Arno's Articles: [link] [link] [link] FULL EPISODE TRANSCRIPT Mitch: (00:00) Hey everyone. Welcome back to Count Me In , IMA's podcast about all things affecting the accounting and finance world. This is your host Mitch Roshong, and I'm here to bring you episode 122 of our series. Today's conversation features Arno Wakfer, a former CFO with over 15 years of commercial finance and general management experience.

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CloudZero

MAY 24, 2021

Software engineering teams are always looking for ways to improve the software development process and boost efficiency. One common strategy is to use DevOps, an engineering practice that merges development and operations.

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CloudZero

MAY 21, 2021

Big data analytics help organizations use data to explore both new and improvement opportunities. Whichever cloud data platform you choose, there are two data storage technologies you will want to understand.

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CloudZero

MAY 28, 2021

When Amazon Web Services (AWS) launched its new Arm-based processors, some circles believed it was a gamechanger for the public cloud markets. To begin with, it was the first time Arm architecture would roll out for enterprise-grade utility, and at a colossal scale.

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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!

Accounting

CloudZero

MAY 13, 2021

To make sure your company’s cloud-based resources remain continuously available, you need a way to monitor all your applications and quickly detect when something goes wrong — especially if you are running multiple instances and using a variety of products.

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CloudZero

MAY 28, 2021

It’s been a great month for exciting insights about the role that engineering must play in driving profitable innovation.

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CloudZero

MAY 17, 2021

AWS tags are a bit like flossing your teeth every day — or getting eight hours of sleep a night.

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CloudZero

MAY 19, 2021

Cloud migration is the new gold rush.

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Developing a consistent month-end close doesn’t need to be a mystery. We’re sharing our top 10 secrets (plus one bonus!) for streamlining your close.