November, 2020

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Lyft, Netflix, Expedia, Slack, and Segment: Comparing the DIY Cloud Cost Management Tools at the World’s Top Tech Companies

CloudZero

It’s no secret that a handful of big name tech companies have influenced best practices that engineering teams follow today. Many of them share their behind-the-scenes stories at conferences , in blogs , and slide decks — or open source code.

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2021 Outlook for the Accounts Payable Software Market — New AvidXchange and IOFM Report

AvidXchange

As 2020 comes to a close, it’s time to build on all we learned and look forward to coming out stronger than ever in 2021. The good news is we’ll all have new opportunities for new growth and stability by reallocating resources, trading out temporary solutions for long-term remedies and tackling problems that have gone unaddressed. To help you and your company flourish next year, AvidXchange collaborated with the Institute of Finance & Management (IOFM) to create a new report identifying majo

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Ep. 100: Rachael Bertrandt Crump - Global Leadership Perspectives

IMA's Count Me

Contact Rachael Bertrandt Crump: [link] About Rachael Bertrandt Crump: [link] Leadership Article with Rachael: [link] FULL EPISODE TRANSCRIPT: Adam: (00:04) Welcome back for the hundredth episode of Count Me In IMA's podcast about all things affecting the accounting and finance world. Once again, I'm your host Adam Larson, and I'm pleased to introduce the featured guest for today's episode Rachael Bertrandt Crump.

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Here’s How Ignite Spot Accounting Services Tripled Demand for Advisory

Dext

Receipt Bank’s accounting platform helped Ignite Spot Accounting Services, a virtual accounting firm, connect and innovate with their client base through in-app messaging and automated accounting tools.

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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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IRS To Increase Audits On Small Business By 50%

Cloud Accounting Podcast

Sponsors Thomson Reuters: [link] ClockShark: [link] OnPay: [link] Show Notes 07:58 – 36% of Americans Won't Move to Rural Areas Due to Slow Internet Speeds [link] 11:09 – Women less likely to feel fairly comped for WFH expenses [link] 17:01 – Congress blasts IRS for limits on forgiven PPP loan tax breaks [link] 17:23 – IRS clarifies deductibility of PPP loan expenses, as AICPA criticizes forgiveness questionnaire [link] 17:50 – IRS Crushes Hopes Of Deducting PPP-Paid Expenses Before Forgiv

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Learn How Accounting Helps with Quickbooks

Billah and Associates

While Quickbooks is a fantastic software to manage accounts of a small business, it helps to know to account for adequately manage your books. What is Quickbooks Accounting? Quickbooks is a platform that assists in the accounting of your small business. Even though you may not need a professional accountant, you may require regular monitoring of your accounts.

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New Survey: Despite Difficult Business Conditions, Real Estate Pros Remain Interested in Financial Technologies

AvidXchange

During the last six months of widespread business upheaval, the real estate industry has faced a number of challenges including stalled or reduced investments, declining revenues and resource constraints. We wanted to learn more about these challenges, as well as opportunities real estate professionals are pursuing to overcome them such as using accounts payable software.

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Ep. 98: Nicole Gonzalez Cumberbatch - Working Parents Working from Home

IMA's Count Me

Contact Nicole Gonzalez Cumberbatch: [link] IMA's Commitment to Diversity & Inclusion: [link] FULL EPISODE TRANSCRIPT Mitch: (00:00) 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 98 of our podcast series. Today's episode features a conversation between my co-host Adam and member of IMA's Diversity and Inclusion committee, Nicole Gonzalez Cumberbatch.

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Construction Input Prices 'Virtually Unchanged' in October

NACM

The common proverb, "No news is good news," rang true for the construction industry last month after the U.S. Bureau of Labor Statistics' Producer Price Index found input prices were "virtually unchanged," according to Associated Builders and Contractors (ABC). Although construction input prices increased just over 1% in October year over year (YOY.

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Accounting Jobs Are Coming Back

Cloud Accounting Podcast

Sponsors Thomson Reuters SYNERGY: [link] ClockShark: [link] OnPay: [link] Show Notes 03:41 – Why political campaigns are sending 3 billion texts in this election [link] 07:43 – America’s Password Habits: 2020 [link] - 14% of Americans Using COVID in Online Passwords, New Survey Reveals [link] 09:34 – At the expense of its partners’ neutrality, Expensify boosts Biden [link] 09:54 – Coinbase CEO discourages politics at work, offers generous severance to employees who want to quit [link]

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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 Our Roots in Observability Set Us up to Calculate Cost per Tenant on AWS

CloudZero

It’s safe to say that cost per tenant (also known as cost per customer) on AWS has been a challenging metric to obtain.

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New CloudZero CRO Steve Lewis Shares Why Cloud Cost Management Is Ripe for Disruption | CloudZero

CloudZero

This month, I made the decision to join CloudZero as their new chief revenue officer — a choice I’m incredibly excited about.

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How 2020 Turned Cloud Unit Economics Upside Down | CloudZero

CloudZero

Do you know how much it costs to operate your software per customer, at each pricing tier?

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Ep. 97: Eli Amdur - Explaining What Today's Business Environment Means for Your Personal Development

IMA's Count Me

Contact Eli Amdur: [link] Email Eli Amdur: eli.amdur@amdurcoaching.com Eli Amdur Website and Contact info: [link] Eli's Blog: [link] FULL EPISODE TRANSCRIPT Adam: (00:05) Welcome back for episode 97 of Count Me iIn , IMA's podcast about all things affecting the accounting and finance world. I'm your host, Adam Larson, and I'm happy to bring you our latest episode on the work environment and personal development, Eli Amdur, Career and Executive coach, Journalist, and Keynote Speaker, joined my c

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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. 96: Amir Tabch - Tapping Into FinTech in the Middle East

IMA's Count Me

Contact Amir Tabch: [link] FULL EPISODE TRANSCRIPT Mitch: (00:00) Welcome back to Count Me In , IMA's podcast about all things affecting the accounting and finance world. In this special new episode, my co-host Rouba dives into the world of FinTech in the Middle East region through an elaborate discussion with Amir Tabch. Amir has close to two decades of experience as a finance professional advisory board member for multinational companies in various FinTech and wealth tech initiatives.

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“Red Flags” To Watch For to Reduce Corporate Fraud

AvidXchange

As a finance professional, you’re well aware that corporate fraud is widespread. But you may not know all the different ways you can detect and reduce fraud from happening, There are several warning signs, also known as “red flags,” that you can identify that will be effective in helping you detect and reduce fraudulent attacks from occurring. Here’s a list of several red flags to watch for: Use of the word “kindly” Fraudsters frequently use the word “kindly” at the end of an email before the pe

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Ep. 95: Brad Ledford - What Does the Job Market Look Like Now?

IMA's Count Me

About Brad Ledford: [link] Contact Brad Ledford: bledford@dhgsearch.com or [link] DHG Search: [link] FULL EPISODE TRANSCRIPT: Adam: (00:00) Welcome back to episode 95 of Count Me In , IMA's podcast about all things affecting the accounting and finance world. This is your host Adam Larson, and I'm here to preview today's conversation and introduce our featured guest speaker, Brad Ledford.

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What Is Cloud Cost Intelligence and Is It Right for Your Business? | CloudZero

CloudZero

If your business is growing, your AWS bill is probably growing with 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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Dodge Momentum Index Sees First Decline Since Summer

NACM

The Dodge Momentum Index saw a slight slip in October, falling for the first time since June. The Index declined 1.8%, according to Dodge Data & Analytics. The Momentum Index measures the initial report of nonresidential projects in planning, which has been an indicator for nonresidential construction spending."Economic growth has slowed over t.

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Construction Unemployment Makes Strands in October, But Still Needs Work

NACM

October proved to be another successful month for the construction industry, adding 84,000 net new jobs and bringing the sector's unemployment rate to 6.8%. According to Associated Builders and Contractors (ABC), the industry has fared well over the past six months with a 73% recovery of jobs lost during the early days of COVID-19. Analysts say non.

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Existing-Home Sales Increase in October

NACM

Existing-home sales continue to climb as housing inventory dwindles in the U.S. For the fifth straight month, sales increased in October, according to the National Association of Realtors. The seasonally adjusted rate of 6.85 million is 4.3% ahead of September, 26.6% above October 2019 and at its highest pace in 14 years. "The surge in sales in rec.

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Winter Slowdown-Pandemic Combo a New Hurdle for Construction

NACM

Winter is coming and that means the inevitable slowdown in construction is not far behind. Depending upon specialties, some construction companies fare better than others during the winter months, but slight declines in overall business are common during the industry's offseason. What remains uncharted territory for many in the sector is the combin.

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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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Construction Spending Slows, Still Increases in September

NACM

Construction spending continued to increase in September, but outlays have slowed slightly. Total construction spending increased 0.3% in September compared to August, according to this week's release from the Census Bureau. Spending is also above September 2019 by 1.5%. However, the improvement slowed from August 2020 when spending increased by 0.

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Ep. 99: Andrea Williams - The Future of Accounting Work

IMA's Count Me

Contact Andrea Williams: [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 this is episode 99 of our series. Today's conversation features Andrea Williams, Senior Vice President and Controller at Perdue Foods. In this episode, Andrea talks with Adam about the future of accounting work and the ethical challenges management accountants need to be aware of as their

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Millennials Need Helicopter Accountants

Cloud Accounting Podcast

Sponsors Accountant Connect: [link] A2X: [link] BQE CORE: [link] Show Notes 03:55 – It’s not too late to cancel Thanksgiving [link] 08:11 – Follow up on Leary's theory about Trump's Loss from last week's episode [link] 12:34 – Blake sheds some light on his discussion with David Barrett, CEO of Expensify 20:32 – The Time Has Come for a True Wealth Tax [link] 25:11 – Deutsche Bank calls for a 5 percent 'privilege' tax on people [link] People Who Work from Home Should Pay a New Tax, Eco

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How Trump's TCJA Caused Him to Lose

Cloud Accounting Podcast

Sponsors Financial Cents: [link] A2X: [link] BQE CORE: [link] Show Notes 07:37 – No, Biden did not receive thousands of mysteriously surfaced votes in Michigan [link] 10:02 – Meet the Excel warriors saving the world from spreadsheet disaster [link] 11:20 – It's time for the Leary Theory on How Trump Lost 13:46 – 691,145 Californians left last year: What state did they go to?

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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!