August, 2020

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4 Reasons Why Carbon Black Founder Ben Johnson Prioritizes Cloud Cost at His Latest Start Up

CloudZero

After growing Carbon Black from nothing to over 800 employees, Founder and CTO Ben Johnson turned his attention to the security of SaaS applications with new startup Obsidian Security. Obsidian secures companies like Office 365, G Suite, Salesforce, Slack and Zoom.

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What Makes Billah & Associates Bookkeeping Services Unique?

Billah and Associates

Are there any benefits of bookkeeping services? The new developments in information technology have completely changed the way of doing business. one of the major areas where it has significantly made a difference for business owners is Bookkeeping. Bookkeeping professionals keep a record of daily business transactions which helps business owners with the information necessary for making major financial decisions in the future.

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Ep. 85: Russell Porter - Adapting Leadership and Management Strategies in a Crisis

IMA's Count Me

Contact Russell Porter: [link] FULL EPISODE TRANSCRIPT Adam: (00:05) Welcome back for episode 85 of Count Me In I'm your host, Adam Larson and today's conversation features IBM's Vice President of Finance and Global Business Services, Russell Porter. Russell has been with IBM for over 20 years, serving in roles spanning most financial disciplines in business units.

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Google Exec to Finance Pros: Now’s the Time to Try Something New – And No One Will Ask You Why

AvidXchange

Now is the time for you as a finance professional to try something new – and no will ask you why. This is the belief of Quentin Hardy, head of editorial for Google Cloud and an expert guest on the August REVx at the Your Desk webinar. Feel liberated to explore new ways of doing business During the webinar, he encouraged finance pros to feel liberated to explore new ways of doing business as they make decisions to come out stronger from the current economy.

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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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Scope of Bookkeeping Work Agreement Template

Dext

Make it clear who owns the bookkeeping processes in your firm. Download this template to: Outline who’s responsible for each step of your bookkeeping service. Remove any grey areas with regard to the execution and deliverables. Streamline processes and remove bottlenecks.

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Moderate Small Business Delinquencies Increase

NACM

The U.S. economy is still in the middle of a recovery after a spring drag down caused by government shut downs and other measures to halt the spread of COVID-19. "Defaults are expected to rise in coming quarters as forbearance programs expire and as customers are likely to change their priorities in the wake of COVID-19," according to the second qu.

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When Time-Based Pricing Works (Or Does It?)

Cloud Accounting Podcast

Sponsors ADP Marketplace: [link] ClockShark: [link] Relay Financial: [link] Show Notes Coming soon! Get in Touch Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes , or Podchaser. Interested in sponsoring the Cloud Accounting Podcast?

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Ep. 83: Sandhya Sriram - Strategic Planning, Prioritization, and Motivation

IMA's Count Me

Contact Sandhya Sriram: [link] FULL EPISODE TRANSCRIPT: Mitch: (00:05) 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 I'm here to bring you episode 83 of our series. With most finance professionals looking to make sense of the current economic climate, my cohost Rouba Zeidan speaks with Sandhya Sriram to find out more about where certain priorities lie in business.

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Will Accounting Be Automated and Replace Your Job? Here’s Why There’s No Need to Worry

AvidXchange

If you’re an accountant, you may be concerned that accounting will be automated and could replace some of the work you do and skills you possess. But there’s no need to worry. You should actually be energized. As your business makes improvements to come out stronger in the post-crisis economy, you will have opportunities to experience a wave of new and exciting work, skill development and career advancement.

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8 Changes Drift Made to Save $2.4M in Cloud Cost

CloudZero

Chief Architect at Drift, Freedom Dumalo, recently spoke with the CloudZero team about how they’ve successfully cut cloud costs by $2.4M in just a few months.

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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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Kubernetes Cost Optimization: Getting Visibility into Cost Per Pod, Cluster, and Namespace

CloudZero

How much does your Kubernetes service cost to operate? This seems like a simple question, right? It’s one thing to say how much your Kubernetes cluster itself costs to operate — that, after all, is a group of real servers, associated with a specific number. If you’re running Kubernetes via EKS on AWS — which I’ll assume for the rest of this post, even though a lot of the information generalizes pretty well — that would be the line item costs associated with a set of EC2 instances.

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Ep. 82: Ben Jackson - Do Your Company's Internal Controls Mitigate the Risk of AI?

IMA's Count Me

Contact Ben Jackson: [link] FULL EPISODE TRANSCRIPT Mitch: (00:00) Welcome back for episode 82 of Count Me In. I'm your host, Mitch Roshong, and I'm here to bring you another conversation about all things affecting the accounting and finance world. Today's guest is Ben Jackson. Ben is a Certified Coach, Speaker, teacher, and trainer, and he's also the managing partner of Ben Stu LLC, a business and leadership consulting company.

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Ep. 81: Andrew Royer - Choosing the Right Accounting Software

IMA's Count Me

Contact Andrew Royer: Facebook: [link] LinkedIn: [link] Royer Accounting: [link] Andrew's Recommended Readings: Tim Ferris, 4-Hour Work Week: [link] Mike Michalowicz, Profit First: [link] Dave Chilton, The Wealthy Barber: [link] FULL EPISODE TRANSCRIPT Adam: (00:00) Welcome back for episode 81 of Count Me In. I'm your host, Adam Larson, and I'm happy to share another conversation with you about various things affecting the accounting and finance world.

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US Sees Decline in Construction Output

NACM

Construction may be considered essential during these troubling economic times, but that doesn't mean the industry is immune to the crisis. According to the latest readings from Associated Builders and Contractors (ABC), construction output is down significantly due to interruptions from COVID-19.The U.S. Bureau of Economic Analysis found nonreside.

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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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Mail Delays Reach B2B Industry

NACM

Mail delays due to the United States Postal Service (USPS) have now reached the business-to-business credit industry. Many companies using paper checks for payroll are reporting delivery delays as well as delays in small businesses' shipments.Prior to the struggling USPS, news outlets began reporting delivery delays at the start of the pandemic in.

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Pending Home Sales Continue Growth in July

NACM

Pending home sales in the U.S. are up three straight months after another strong showing in July. The National Association of Realtors (NAR) reported Thursday its Pending Home Sales Index increased 5.9%. This is also up 15.5% from July 2019. Economists predicted sales would increase 3% in July, states Reuters. "We are witnessing a true V-shaped sal.

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Existing-Home Sales Increase in July

NACM

Existing-home sales continue to gain momentum as the U.S. economy builds from the trough seen earlier this year due to the COVID-19 pandemic. Sales increased 24.7% in July, according to the National Association of Realtors, and for the second straight month. Sales were up nearly 9% from July 2019."The housing market is well past the recovery phase.

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Construction Input Prices Rises for Fourth Consecutive Month

NACM

To the dismay of construction professionals, construction input prices rose once more in July by nearly 2%, according to Associated Builders and Contractors (ABC). Data from the U.S. Bureau of Labor Statistics revealed the majority of the increase was from inputs to nonresidential construction at 1.8%.Six out of the 11 subcategories saw lower price.

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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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Nonresidential Building Construction Employment Takes Another Hit

NACM

The construction industry may have added 20,000 jobs on net last month, but July's nonresidential construction employment dwindled. July's job loss affected nonresidential construction by 4,000 jobs, with nonresidential building taking the biggest hit with its loss of 9,300 jobs.

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Dodge Momentum Index Sees First 2020 Increase

NACM

The Dodge Momentum Index recorded its first increase in 2020. According to Dodge Data & Analytics, the index increased 3.4% in July, but it has declined 18% since December. The commercial building component increased 5.3%, while the institutional building component saw no change.

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Ep. 80: Michael High - Digitalization and Business Transformation

IMA's Count Me

Contact Michael High: linkedin.com/in/michaelhigh Michael High in the Media: [link] [link] Michael High Articles: [link] [link] [link] FULL EPISODE TRANSCRIPT Adam: (00:05) Welcome back for episode 80 of Count Me In I'm your host, Adam Larson, and this is IMA's podcast about all things affecting the accounting and finance world. Today's episode features Shell's, Deep Water Gulf of Mexico Business Unit CFO, Michael High.

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7 Misconceptions Finance Pros Should No Longer Believe about Paper and Paperless Accounts Payable Automation

AvidXchange

In this unprecedented year, businesses have had to make several of the most profound, time-sensitive and consequential decisions of their professional careers. They had to decide whether to close temporarily, pursue new markets, and invest in new technologies — to name just a few of many examples. From a financial standpoint, they have been deciding on important matters such as how to make adjustments to control cash flows, payments and invoices.

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Putting the ‘Tech’ in Spend Management Techniques

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!

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Ep. 84: Jason Krantz - Data and Analytics | Driving Business Strategy

IMA's Count Me

Contact Jason Krantz: [link] Strategy Titan: www.strategytitan.com [link] "Data & Analytics in the Boardroom: Raising Your Digital Quotient" Video Series: [link] Build out your “business and finance” centric data and analytical skills with our practice dataset. Perfect for accounting and finance pros looking to develop their data skills: [link] Podcast : [link] Additional Work: Using data and analytics to make business decisions with confidence during times of uncertainty: [link] FULL EPISOD

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3 Considerations for Evaluating AP Solutions for HOA Management Companies

AvidXchange

The way an association management companies pay bills has a big impact on overall business, because it impacts more than just their business. Timing, security and visibility into payment status matter just as much to the association boards they manage and the suppliers they’re paying. So, if you’re a management company evaluating solutions to streamline your AP process, it’s important to consider how the potential options would address the needs of your other key stakeholders.

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Value Pricing Accounting Advisory Services

Cloud Accounting Podcast

Sponsors AccountingSuite: [link] LivePlan Bootcamp: [link] BQE CORE: [link] Show Notes 04:33 – One of this week's voicemail messages – Shana 06:40 - Increase your restaurant profits by tracking fiscal weeks in QuickBooks Online Advanced – Intuit QuickBooks 08:16 - Xero and TriNet provide full-service HR solutions to U.S. small businesses – Xero Blog 09:00 - NetSuite Adds More Remote-Friendly Accounting Features – CPA Practice Advisor 10:20 – More about building your own bank feed – Episode 132

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Intuit Launches QuickBooks Cash

Cloud Accounting Podcast

Sponsors ADP Marketplace: [link] ClockShark: [link] Smansha: [link] Show Notes 04:55 – Boomer Consulting Virtual Summit on August 9-12 – Boomer Consulting. 05:14 – VirBELA – Virtual work platform 08:16 – Congressional Democrats, White House still at impasse over coronavirus bill – Reuters 08:53 – New York Times on U.S. Coronavirus Aid - Twitter 09:49 – IRS offers new procedure for changing accounting method amid coronavirus – Accounting Today 10:30 – SBA watchdog report reveals ‘pervasive’

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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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Accountants Nervous About Trump Payroll Tax Deferral

Cloud Accounting Podcast

Sponsors APD Marketplace: [link] ClockShark: [link] BQE CORE: [link] Show Notes 10:01 - Mnuchin: Trump Is Serious About TikTok - PYMNTS 12:14 - Before BigCommerce's 200% IPO pop, Intuit offered $1.5 billion for the software company - CNBC 16:18 - Square Tests Small-Dollar, Short-Term Loans - PYMNTS.com 17:25 – Afterpay lets US consumers pay by instalments with their NFC mobile phone - NFCW 18:53 - Gusto is launching a new product called Cash Reserve – Gusto 20:10 - FreeAgent launches CoPilot i

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