December, 2021

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7 Effective Ways To Reduce Cloud Waste In 2022

CloudZero

Cloud waste has been costing companies billions of dollars for years now. In fact, in 2020, organizations wasted as much as $17 billion on unused cloud resources. Companies could waste up to $26 billion in 2021 , the highest amount of cloud waste ever.

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How to Reduce Your AP Costs by 75 Percent

IPS

Every business wants to do more with less these days. Sixty-two percent of businesses reduced expenses because of the economic volatility caused by the pandemic, the. Institute of Finance and Management (IOFM) reports.

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Computer Services, Inc. (CSI) chooses Ascend Software as their AP Automation Provider

Ascend Software blog

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Preparing Your Firm For The Future with Accounting & Taxation Service

Billah and Associates

The financial industry is evolving. In 2018, The Wall Street Journal provided details regarding a new review from Deloitte that featured a significant pattern affecting the financial business labour force. As per the review, 63% of CFOs foresee finance experts will require abilities in information analysis, forecasting results, and decision-making assistance within the next three years.

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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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How to get started as a virtual bookkeeper in 7 steps

5 Minute Bookkeeping

Are you new to virtual bookkeeping? Maybe you’re not even officially a new bookkeeper yet, but you’re seriously thinking about it. If you are starting your journey into the virtual bookkeeping field (or you’re considering it), in this article we’ll go over how to get started as a virtual bookkeeper in 7 steps. The benefits of virtual bookkeeping abound.

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11 Statistics Why No Organization Is Immune To Financial Fraud

Oversight

O rganizations around the world lose approximately five percent of their annual revenues to financial fraud, according to a survey by The Association of Certified Fraud Examiners (ACFE). The data can be surprising and gains the attention of anti-fraud practitioners, organizational leaders, and financial managers. Here, we reference 11 statistics that prove no organization is immune to the misrepresentation of financial assets.

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4 Ways AP Automation Frees AP Staff from Manual Tasks

IPS

If it feels like you never have enough time in the day, you are not alone. AP professionals spend 84 percent of their workday bogged down with manual, repetitive tasks.

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Lessons Learned: How One Accounting Department Evolved During Unusual Times

AvidXchange

This article, written by Matthew Cleary, VP of Accounting Operations for Douglas Elliman Property Management , is an excerpt from our recent eBook “Expert Insights: The New State of Real Estate,” available for download here. Download our full report: The New State of Real Estate Over the past few years, my company’s accounting department converted communications and reporting systems with the ultimate goal of becoming completely digital.

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Killer Proposals Webinar: How to Stand Out and Win the Work

FreshBooks

In this webinar, learn how to stand out and win clients, while staying true to your vision and worth. Our speaker is Stefan Palios, Founder of Freelance Sales Blueprint, a program that teaches freelancers how to sell more, at higher rates, to better clients. Stefan has trained everyone from independent freelancers all the way up […] The post Killer Proposals Webinar: How to Stand Out and Win the Work appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners.

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Azure Data Pipelines: Comparing Data Factory and Synapse Cost Profiles

Azure FinOps

The movement of data from one place to another is one of the oldest and often, most difficult information technology activities. Add a transformation element, the classic ETL task, and things can become complex. On Azure, there are primarily two, platform native ways to perform data movement. One method is to use Azure Data Factory , a purpose-built service designed to address the need for a reliable, relatively simple ETL service and Azure Synapse Analytics which offers a pipeline component as

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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 to charge for bookkeeping services

5 Minute Bookkeeping

Is not knowing how to charge for bookkeeping services holding you back? I know that for many virtual bookkeepers, the problem isn’t the technical know-how, the problem is being able to confidently price their services. In this blog post, I’ll share the knowledge I’ve gathered over the years on how to charge for bookkeeping services. By far, the most frequently asked question in my Facebook community is how much should I charge for bookkeeping services?

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The 8 Best FP&A Software Solutions Every Finance Team Should Be Using

CloudZero

The right FP&A software can help you and your finance teams to better analyze, plan, and budget business activities. Thus enabling finance to maintain a more forward-looking vision.

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Counting Clouds Saves 200 Hours per Month with Dext Suite

Dext

About Counting Clouds When the self-described Boss Lady of Counting Clouds, Line Paras, talks about her bookkeeping business, she exudes all the passion that you’d expect to hear from a creator describing their work.

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4 Compelling Reasons to Use AP Automation for HOA Management

AvidXchange

Why should you as a finance pro for a community association management (CAM) company start using accounts payable (AP) automation for homeowner association (HOA) management? We’re going to answer that question – but in a different way. We’re not going to give you an extensive list of 15-to-20 generic reasons. Instead, we’ll share four carefully selected and actionable reasons most relevant to you now.

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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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Ep. 161: Omar Choucair - M&A Operations

IMA's Count Me

Contact Omar Choucair: [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. This is your host Mitch Roshong, and I'm pleased to introduce you to Omar Choucair. Omar is the CFO at Tritech a world class financial operations and insights company committed to transforming financial processes to best in class levels of efficiency and effectiveness.

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How To Stop Intuit From Hiring Your Staff

Cloud Accounting Podcast

Sponsors Rewind: [link] Tallyfor: [link] Client Hub: [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 01:18 – David’s early Christmas present - interns! 04:03 – Blake’s early Christmas present – Earmark is almost live! 04:55 – Some Kronos Customers Face Payroll, Scheduling Disruptions From Hack – CFO [link] Cyberattack on Payroll Provider Sets Off Scramble Ahead of Holidays [link] 06:04 – Kronos War

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A Tale of Two Mergers feat. Acuity

Earmark Accounting Podcast

Sign up to get free CPE for listening to this podcast: [link] Connect with Kenji Kuramoto, Founder and CEO of Acuity [link] Connect with Matthew May, VP of Sales and Marketing at Acuity [link] Learn more about Acuity [link] Listen to more episodes of Drink While You Think: [link] Connect with Blake Oliver, CPA LinkedIn: [link] Twitter: [link] In today's episode, we've got a very spirited crossover/collab with Kenji and Matthew of "Drink While You Think," a weekly mashup of alcohol and accounting

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The 15 Best Cloud Reporting Tools You Should Know In 2022

CloudZero

Cloud infrastructure and the applications it hosts generate millions of rows of raw data in short periods. Viewed in the context of everyday business activities, most of the data makes little sense. So many companies amass mountains of this type of data in data lakes and data warehouses , hoping to figure out how to use it later but end up never tapping into it.

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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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Tax Expert Paul Aplin Answers Your Questions

Dext

Paul Aplin OBE is a renowned tax expert and advisor. He joined our in-house expert Paul Lodder FCCA recently for an insightful virtual session on all things Autumn Budget. We wanted to continue the conversation so we sourced questions from our Orange Select community. You asked and Paul answered.

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Healthcare Industry Trends: Growing Use of Telehealth and Digital Front Doors

AvidXchange

If the last few years are any indication, healthcare organizations will leverage more telehealth and digital front door technology to run more efficiently and deliver higher-quality care to patients. As part of our new eBook, “ 4 Widespread Healthcare Industry Trends & How Finance Teams Can Embrace Them ,” we explain what these technologies are, why they’re widely used, and how they may affect the finance profession and accounts payable (AP) automation next year.

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Ep. 157: Wes Saber - Serving as a Co-pilot for the Business Transformation Journey

IMA's Count Me

About Wes Saber: [link] About HARIBO: [link] [link] [link] FULL EPISODE TRANSCRIPT Adam: (00:05) Welcome back to Count Me In, IMA's podcast about all things affecting the accounting and finance world. Here with you again, as your host, Adam Larson, as I kick off episode 157 of our series, Count Me In has shared a number of conversations relating to business transformation, but today's featured guest speaker shares a unique perspective on the topic Wes Saber, CFO of HARIBO of America joined us to

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Wrong Metrics, Wrong Conclusions

Cloud Accounting Podcast

Sponsors OnPay: [link] Client Hub: [link] Rewind: [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 00:52 – Blake’s got a new Mac! 02:27 – David’s Bank-Feed Debacle 05:58 – The Threshold of Hell – Watching National Lampoon’s Christmas Vacation? 06:57 – Blake's Takeaways from Almost Inside Digital CPA 08:46 – It’s Time to Get Rid of the IT Department [link] 15:33 – The AICPA's Melanc

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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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Dec 20, Tax Compliance in Canada | Small Business Due Dates

Bookkeeping Essentials

Canadian tax compliance due dates. Notes & references for 2021/2022 tax season deadlines, GST/HST, payroll source deductions, T4 & T4A information returns, WCB.

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21 Financial KPIs Every SaaS Company Should Be Monitoring

CloudZero

Since the first software-as-a-service (SaaS) company entered the market in 1999 , Salesforce, the industry has exploded. Experts are predicting that the industry will exceed $600 billion by 2023 at an 18% compound annual growth rate.

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Report Shows Steady Growth for Global Trade Finance from 2021-2026

NACM

After experiencing moderate growth from 2015-2020, the global trade finance market is projected to grow by 3.7% from 2021-2026, according to IMARC's latest report, Trade Finance Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2021-2026. This prediction may change as the pandemic continues to be tracked and evaluated as.

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8 Value Metrics Every SaaS Company Should Be Following

CloudZero

Pricing is often one of the trickiest areas to get right for many SaaS businesses. Often, companies default to a "per user" pricing model. Yet recent surveys show that "per user" pricing is rarely the optimal pricing strategy for many SaaS companies — unless you are Slack.

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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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The 25 Most Important Cloud Metrics For SaaS Companies To Monitor

CloudZero

Author Jeff Duntemann said a good tool improves how you work, whereas a great tool transforms your thinking. Companies that want to improve their cloud-based operations can rely on cloud metrics as an effective tool for transforming their cloud operations.

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Data-Driven Software Development: How To Make Strategic Dev Decisions

CloudZero

A fundamental requirement for building a profitable product is finding ways to reduce costs and improve efficiency. When you’re operating in the cloud, it’s almost impossible to gain this insight without data. This is where data-driven software development comes in.

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5 FinOps Best Practices To Effectively Manage Cloud Costs

CloudZero

FinOps is one of the latest buzzwords in cloud computing. It’s a merger of two important departments — finance and operations — and describes “cloud financial operations,” (also called cloud financial management or cloud cost management).

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The 12 Best AWS Cloud Management Tools (Updated For 2022)

CloudZero

Organizations of all sizes can take advantage of Amazon Web Service’s cloud computing. AWS provides low-cost cloud storage, nearly unlimited compute resources, and secure remote computing services. Still, many users find AWS confusing.

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Book of Secrets for the Month-End Close

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.