April, 2021

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The Problem With Agile Scrum (and Why We Use Kanban Instead)

CloudZero

Every engineering team has their own approach when it comes to development methodologies. Most teams have embraced popular frameworks, Agile Scrum seems to be the most popular, both putting their own spin on it and choosing the parts that work for them.

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Future Accountant profile: Ben Walker

Dext

Why I started my accounting practice My name is Ben Walker. I founded Inspire Life Changing Accountants back in 2013, in Brisbane. I chose to do that because I was unhappy with how the accounting industry was working at the time.

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How to Empower Community Association Managers to Be More Productive

AvidXchange

Community association managers are vital to the overall success of an association management company. After all, they’re responsible for communicating with boards, maintaining properties, and managing finances. Unfortunately, community managers are often stuck dealing with tedious, manual tasks that take up significant amounts of time. So, how can management companies relieve that stress and empower managers to be more productive?

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It's Time To Try the Easy Way To Do Bookkeeping

EasyBooks

If you’re tired of spending hours at the kitchen table sifting through endless paperwork, it’s time to try the easy way to do bookkeeping. The EasyBooks bookkeeping app provides precisely the means to streamline the process, free up your time and save money.

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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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Using a cleanup checklist for successful QBO cleanups

5 Minute Bookkeeping

QuickBooks cleanup projects can easily become overwhelming and time-consuming, especially if you’re not sure where to start. That’s why I always recommend using a cleanup checklist for successful QBO cleanups. It will help you stay on track, make sure nothing is missed, and give you confidence in the end result. Watch the video below or keep reading to see what a cleanup checklist can do for you.

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A Practical Guide to Credit Memos?

SLC Bookkeeping

When was the last time you gave a customer a credit or discounted an item after you shipped it off to them? Chances are, you deal with them often. It's not always just because you're a nice person or the client has been super supportive and they're getting a discount in appreciation. Maybe it's because of a dispute, which means you probably want to get through with it and move on.

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The Future Needs of UK SMB

Dext

Throughout the economic events of 2020, small businesses have been one of the hardest hit groups. They will also be the driving force needed to push the return of economic activity and jobs.

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How to Create a More Efficient AP Department and Workflow

AvidXchange

Keeping up with the avalanche of invoices and the inevitable payments that come with them is hard enough with a solid AP process. And while your team may be crushing it with their invoice-to-pay process, are there areas where they could become a more efficient AP department? Is there a way for them to produce the same output, if not more, while clearing a little space on their plate?

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Top Tips on Tax Deduction for Business

Billah and Associates

No business wants to pay heavy taxes on their earnings. Every entrepreneur thinks of saving their hard-earned money and investing it into business expansion. However, paying taxes is the duty of every responsible business. But sometimes, you might think of saving some tax money. That’s when professional tax services in Mississauga can help you. Tax laws are stringent and complicated.

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Be Your Own Hero: The Benefits of Understanding Basic Accounting

XY Bean Counters

5 MIN READ Having a cape-wearing, ever-available CPA on speed dial is the stuff of most business owners’ dreams. Unfortunately, number-savvy superheroes aren’t always this available or want you to have unlimited access to their bat signal. Fortunately, we’re here today to empower you to throw on that cape yourself. Having a basic understanding of accounting comes with many benefits, one of which is eliminating the mystery that often shrouds your financial statements, enabling you to better under

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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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WEBINAR: Staffing for a Modern Firm

accountingfly

To build a modern firm, you’ll need to leverage the right technology, automate work, and hire the right team to execute your vision. Hiring is hard enough. So where do you get started on your journey of building the right team for your firm? Join hiring expert Jeff Phillips as he presents an overview of how to find, attract, and land the right talent for your modern firm.

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AWS Reserved Instances 101: The Complete Guide

CloudZero

Choosing the right service plan is crucial when you are using Amazon Web Services (AWS). With 170 distinct services, ranging from compute to storage to networking and content delivery — each offered at different price points — the process requires careful consideration to make the right choice for your business.

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Simple Bookkeeping at Your Fingertips

EasyBooks

A common complaint among small businesses is the time it takes owners to complete their bookkeeping. Often, small business owners find themselves sitting at the dining table for hours on end to complete their bookkeeping, missing valuable time that they could be spending with families, friends or working on a hobby.

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5 Lessons the HOA Industry Learned During the Pandemic

AvidXchange

The HOA industry has been through a year like no other and learned several lessons over the last 12 months. The industry learned news ways to adapt quickly and dramatically to changing business conditions. It learned about the benefits of remote working and found out how vital business-to-business communication is and will continue be. To better understand the shifting landscape, AvidXchange surveyed nearly 500 members of the Community Associations Institute (CAI).

AP 52
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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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Alleviating Financial Pressure in the New Normal

RevCycle

It has now been over a year since COVID-19 arrived in the U.S., wreaking havoc on healthcare’s already thin margins while creating new financial pressure. As early as March 2020, hospital revenue streams began taking a huge hit due to the cancellation of elective procedures, which along with increased costs had a significantly negative impact on the industry’s credit outlook.

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Be Your Own Hero: The Benefits of Understanding Basic Accounting

XY Bean Counters

5 MIN READ Having a cape-wearing, ever-available CPA on speed dial is the stuff of most business owners’ dreams. Unfortunately, number-savvy superheroes aren’t always this available or want you to have unlimited access to their bat signal. Fortunately, we’re here today to empower you to throw on that cape yourself. Having a basic understanding of accounting comes with many benefits, one of which is eliminating the mystery that often shrouds your financial statements, enabling you to better under

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How to Claim Mileage on Taxes in the U.S.

FreshBooks

It’s essential to understand what types of driving the Internal Revenue Service (IRS) allow employees and the self-employed to deduct on their tax returns. We’ve compiled the mileage deduction guide below to help you make sure you’re writing off mileage in accordance with the latest IRS rules. Track Your Business Mileage To claim mileage deductions […] The post How to Claim Mileage on Taxes in the U.S. appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners.

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The Simple Formula To Calculate SaaS Gross Margin

CloudZero

As the Software as a Service (SaaS) industry continues to grow, finding ways to win on gross margin becomes increasingly important. By finding sustainable strategies that either increase revenue or limit the cost of goods sold (COGS), SaaS companies can gain a competitive advantage and continue pursuing their broader growth objectives.

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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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What Does Innovation Mean to Canadian Accountants and Bookkeepers – with Sean Duffy at Elevate by Welch

Dext

Hear from accounting expert Sean Duffy, Senior Manager at Welch LLP on what innovation means for Canadian Accountants and bookkeepers

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2-Way vs. 3-Way Matching: What’s the Difference?

AvidXchange

In the finance world, there tends to be some confusion and questions surrounding 2-way vs. 3-way matching. What’s the difference between the two? How does matching help businesses save time, reduce mistakes and grow faster? We’re going to help answer these questions for you. Table of Contents What is matching and why does it matter? Matching in finance is very much what it sounds like.

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The Growing Financial Risks From Continued Remote Working

Oversight

In today's economy, many companies are looking for ways to cut costs and be more efficient. This often means having fewer employees or increasing remote work opportunities. The rise of teams working from home, in particular, has helped companies grow, keep people employed and reduce overhead.

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Ep. 120: Jeffrey Dailey - CFO Strategist for Data and Technology

IMA's Count Me

Jeff Dailey: [link] FULL EPISODE TRANSCRIPT Mitch: (00:05) Hey everyone, welcome back for episode 120 of Count Me In. I'm your host Mitch Roshong and this is IMA's podcast about all things affecting the accounting and finance world. Our featured speaker for today is Jeffrey Dailey. Jeff is Prometrics Senior Vice President and Chief Financial Officer, and he joined my co-host Adam to talk about data and technology.

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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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The IRS Is Infrastructure

Cloud Accounting Podcast

Sponsors Dext: [link] Rewind: [link] Odoo: [link] Show Notes 1:47 – Blake’s Discussion with Ed Karl, Vice President of Taxation at the AICPA [link] 6:37 – Shutter Venue Operators Grant Snafu 7:45 – SBA SVOG Tweet [link] 8:35 – Why Can’t Stimulus Checks Arrive Faster? [link] 10:40 – Billions waiting in 2017 federal refunds [link] 11:38 – China Creates Its Own Digital Currency, a First for Major Economy [link] 17:27 – Facebook: 25 Pct Of SMBs Closed Around World [link] 18:29 – Picku

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AWS Redshift 101: What is It and When Should You Use It?

CloudZero

AWS Redshift is a popular data warehousing solution that can handle data on an exabytes scale. You may be considering the service for a number of use cases such as processing real-time analytics, combining multiple data sources, log analysis, or more.

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Future Accountant profile: Chris

Dext

Chris Cheeney is the founder of CDC Accounting, and is the only accountant in the UK specialising in the beauty industry Tell me about your background I found myself just going off and working in various accountancy offices and basically putting myself out of the job.

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How to Solve the Headache of Manually Matching Invoices to Purchase Orders

AvidXchange

Manually matching invoices to purchase orders (PO) is one of the most frustrating and time-consuming tasks for accounting departments. Savvy finance departments know that there are countless vulnerabilities that come with manual invoice matching and processing. From lost invoices to late payments and less-than-stellar payables visibility, manual invoice matching can put any finance department in jeopardy.

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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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Detect the Duplicate, Disarm the Risk

Oversight

Year after year, organizations are losing millions in duplicate payments. Even the world’s most effective AP departments will encounter duplicates at a rate of.01%, which can mean more than $1 million lost annually.

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Ep. 119: Mark Forsberg - 1-on-1 Leadership

IMA's Count Me

Contact Mark Forsberg: [link] Culligan Water: [link] FULL EPISODE TRANSCRIPT Adam: (00:00) Welcome back to Count Me In , IMA's podcast about all things affecting the accounting and finance world. I'm your host, Adam Larson here to bring you episode 119 of our series. Today's conversation is between my co-host Mitch and the CFO of Culligan Water, Mark Forsberg.

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Ask AICPA: Is IRS Underfunded? Service Levels & The Tax Gap

Cloud Accounting Podcast

Show Notes How to Collect $1.4 Trillion in Unpaid Taxes [link] 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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Why We Built the CloudZero Platform on Serverless Infrastructure — and Its 2 Main Advantages

CloudZero

The promise of running a business on the cloud is that — in theory, at least — you should be able to scale your infrastructure up and down with your customer utilization. This should lead, again in theory, to less maintenance and more opportunity for innovation.

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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.