CloudZero
JULY 14, 2020
Think of orgs with lots of data and it’s impossible to not think of Netflix. In a new Netflix Technology Blog , their Platform Data Science & Engineering team describe their data infrastructure "which is composed of dozens of data platforms, hundreds of data producers and consumers, and petabytes of data.” At this scale, cost-effectiveness is a critical matter of success and failure.
SAP Accounts Payable
JULY 24, 2020
Hello and welcome to my blog post on Alternative Payee Update In Invoice Document. I will be highlighting the prerequisites and process flow of this functionality in this blog. Introduction:- Updating Alternative Payee in Invoice Document –> Check to be printed with ‘Third Party’ vendor using Transaction Code F110 or F-58. It is a normal business process where suppliers do reach out to their clients at 11 th hour to allow payments to ‘Third Party’ for their outstanding invoices.
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AvidXchange
JULY 21, 2020
The COVID-19 crisis is challenging businesses to refocus and opening up opportunities for them to reimagine their processes in order to work smarter and more efficiently. According to one of CNBC’s original “Fast Money Five” and heavy-hitting Wall Street veteran, Guy Adami , we’re still in the early innings of this crisis and a complete transformation of business as we know it.
CAAPS
JULY 6, 2020
Based on a Report from the ACCC False billing topped the list of reported frauds affecting business in 2019. False Billing is where a party sends your organisation an invoice requesting payment when none is due. This can be done by using an invoice from an existing supplier and changing the bank and contact details. Or it can involve sending an invoice from a ‘new’ supplier.
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.
IMA's Count Me
JULY 30, 2020
Contact Rob Mars: [link] CMA Certification Overview: [link] IMA's Website: [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, and today I'm sharing with you another bonus episode in our series. As hopefully you've recently heard on our podcast IMA's Senior Vice President of Certifications and Exams and Content Integration, Dennis Whitney, joined us again to talk about how
Dext
JULY 29, 2020
Accounting firms are renowned for helping businesses stay compliant and file tax returns. But at Blu Sky Chartered Accountants, an award-winning accountancy practice based in Newcastle, the team recognised that they would need more than compliance services to serve their clients.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Billah and Associates
JULY 15, 2020
Startups are often resource-limited and try to minimize their costs. It means that they want to do everything on their own – from hiring people to accounting. But sometimes, it pays to hire a professional bookkeeper if the startup wants to get a proper look at its financials. Your startup might have a lot of important things that must be taken care of.
AvidXchange
JULY 17, 2020
Between managing HOA finances, maintaining properties and communicating with their association boards, management companies have a lot to juggle. Fortunately, there are cloud-based solutions that can automate the accounts payable (AP) and payment process. These solutions can create efficiencies that give you back much needed time and provide 24/7 visibility into your invoices and payments, enabling you to better meet the needs of your board members and property vendors.
Cloud Accounting Podcast
JULY 7, 2020
Sponsors Synder: [link] ClockShark: [link] BQE Core: [link] Show Notes 07:02 - Treasury Department, IRS will not extend Tax Day a second time - CNBC 07:09 - July 15 Filing Date — Not to Move – AICPA In March, the AICPA advocated to move the deadlines to October 15 - AICPA Some AICPA tweet (and replies) about the filing extension issue – Twitter 09:10 - Tax TeleGraf tweet on reasons you can control vs. can’t control : - Twitter 11:10 - IRS will not postpone July 15 deadline - Journal of Accoun
IMA's Count Me
JULY 29, 2020
IMA: [link] CMA: [link] Exam Changes: [link] Update for CMA Candidates: [link] Coronavirus Update from IMA: [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, and I'm happy to bring you another bonus episode with, IMA's Senior Vice President of Certifications Exam and Constant Integration, Dennis Whitney.
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.
Dext
JULY 1, 2020
Since implementing Receipt Bank, the century-old accounting firm RSM Australia has reduced the time spent processing documents and reviewing data by 50%.
CloudZero
JULY 29, 2020
I was speaking with a VP of Engineering friend at last year’s KubeCon about how to pitch Kubernetes to the C-Suite. The benefits for innovation were clear - containerized microservices empowered her small teams to deliver more value, more rapidly. As is often the case with Boardroom discussions, though, the question of cost was always next. Sure, they want you to innovate - as long as it’s within the constraints of a budget!
NACM
JULY 20, 2020
In times of such economic uncertainty, any sign of optimism can be a positive ray of light and, in this case, that is in the form of construction leader confidence. According to Associated Builders and Contractors' (ABC) Construction Backlog Indicator (CBI), construction leaders in the U.S. showed increased confidence in June as it pertained to sta.
AvidXchange
JULY 7, 2020
The pandemic has changed the way we all live and work. Needless to say, it’s been tough to adjust to our new routines and irregular schedules, and to deal with not having access to the tools needed to maintain operations. That’s why we checked in with senior finance executives at more than 500 U.S. businesses to see how they’re holding up and what could make their work life better.
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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.
Cloud Accounting Podcast
JULY 20, 2020
Sponsors Accountant Connect: [link] ClockShark: [link] BQE Core: [link] Show Notes 06:40 – Faulty data collection raises questions about Trump’s claims on PPP program – Washington Post 10:41 – New York City Didn’t Get Fair Share of PPP Loans, Comptroller Report Says – Wall Street Journal 11:59 – Public Favors Small-Business Funds Going to Non-Chain Restaurants, Medical Groups, Private Schools - Morning Consult 13:18 – Kanye West says he’s running for president – POLITtransactions 13: 51 – La
IMA's Count Me
JULY 26, 2020
Contact Chris Wymbs: [link] FULL EPISODE TRANSCRIPT Mitch: (00:05) Welcome back for episode 79 of Count Me In IMA's podcast about all things affecting the accounting and finance world. I'm your host, Mitch Roshong and today we will be hearing from Chris Wymbs, the Executive Vice President of Finance and Chief Accounting Officer for AMC networks. Chris has significant leadership experience at a Fortune 50 company and as a finance executive with a proven record of success and extensive background
IMA's Count Me
JULY 12, 2020
Contact Ron Guymon: [link] Ron Guymon at U of Illinois : [link] IMA Data Analytics & Visualization Fundamentals Certificate®: [link] U of Illinois and IMA - Beyond the Basics: Data Analytics and Visualization for Accounting Professionals: [link] Ron's Articles Published: The Effect of Task Interdependence and Type of Incentive Contract on Group Performance: [link] Controls and the Asymmetric Stickiness of Norms: [link] FULL EPISODE TRANSCRIPT: Adam: (00:00) Welcome back for episode 77 of Cou
IMA's Count Me
JULY 8, 2020
Colorado State University - Global: [link] CSU - Global's Online Master's Degree in Professional Accounting: [link] Contact Nicole Hulet: [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 am your host, Adam Larson, and I'm happy to bring you another bonus episode of our series.
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.
IMA's Count Me
JULY 5, 2020
Contact Shaila Bettadapur: [link] FULL EPISODE TRANSCRIPT Adam: (00:05) Welcome back for episode 76 of Count Me In, IMA's podcast about all things affecting the accounting and finance world. Technology had previously changed many roles and forced management accountants to upskill and grow at a rapid rate. Then recent events have caused the accounting and finance profession to evolve even faster than ever, but that only leads us to believe that the future of work will look even more different.
NACM
JULY 31, 2020
Pending home sales continued to surprise in June, posting back-to-back months of improvement. According to the Pending Home Sales Index from the National Association of Realtors (NAR), sales in June increased 16.6%. Pending sales are also up more than 6% from June 2019.
NACM
JULY 27, 2020
Human error is always a possibility in the decisions we make and unfortunately, it has played a significant role in cybersecurity hacks among U.S. and U.K. employees. According to Tessian's latest report, "The Psychology of Human Error," 43% of those surveyed said their mistakes caused cybersecurity-related repercussions for themselves or their com.
NACM
JULY 17, 2020
U.S. housing starts have skyrocketed at their strongest monthly increase in nearly four years. Privately owned housing starts in June jumped 17.3% to a seasonally adjusted rate of 1.186 million, according to the Census Bureau and Department of Housing and Urban Development.
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!
NACM
JULY 13, 2020
Construction input prices rose more than 2% in June, an increase that Associated Builders and Contractors (ABC) states are linked to "global supply chains buckling and trade tensions elevated." According to ABC's latest report, construction input prices rose 2.2%, while nonresidential construction input prices climbed a little higher to 2.3%.More t.
NACM
JULY 10, 2020
Potential construction spending took a decent-sized hit in June. The Dodge Momentum Index, which measures construction projects in planning that leads to future nonresidential construction spending, from Dodge Data & Analytics declined 6.6% in June. "The Momentum Index has shifted noticeably lower as the fallout from recession continues to hold.
NACM
JULY 6, 2020
Many construction jobs are still deemed essential during this time of economic uncertainty; however, that doesn't mean the industry is thriving. According to the latest results from the USG and U.S. Chamber of Commerce Commercial Construction Index (CCI), contractors' confidence in both new business and revenue expectations saw a significant declin.
NACM
JULY 2, 2020
There was a surprise in the May construction spending numbers after the industry was one of the first to reopen and rebound from the pandemic. Wells Fargo Securities reported spending has declined nearly 6% since it peaked in February. Announced earlier this week, construction spending dropped 2.1% in May to a seasonally adjusted rate of $1,356.4 b.
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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!
IMA's Count Me
JULY 1, 2020
Contact Linda Devonish-Mills: [link] Contact Derek Fuzzell: [link] IMA's D&I Toolkit: [link] FULL EPISODE TRANSCRIPT Mitch: (00:04) 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 today we have another special bonus episode relating to diversity and inclusion in the workplace during these challenging times.
IMA's Count Me
JULY 19, 2020
Contact Heather Bain: [link] Small Business Planning During COVID-19: [link] FULL EPISODE TRANSCRIPT: Adam: (00:05) Welcome back for episode 78 of Count Me In IMA's podcast about all things affecting the accounting and finance world. I'm your host, Adam Larson, and today you will hear my cohost Rouba talk with Heather Bain, owner of Bain CPA Business strategies, and IMA a Small Business Committee Chair.
NACM
JULY 24, 2020
New home sales are at a new high this year after outperforming expectations in June. The U.S. Census Bureau and Department of Housing and Urban Development announced Friday that new single-family sales increased 13.8% from May to a seasonally adjusted annual rate of 776,000 in June. This is also 6.9% above the June 2019 data, making it the best mon.
Cloud Accounting Podcast
JULY 14, 2020
Sponsors AccountingSuite: [link] Jirav: [link] BQE Core: [link] Show Notes 00:18 – Hasan Does Tax ASMR, Patriot Act Digital Exclusive, Netflix – YouTube 03:47 – SBA, Treasury release names of some PPP recipients - Journal of Accountancy 05:01 – PPP millions went to firm identified in Ukraine money-laundering suit – Crain's Cleveland Business 05:11 – The billionaires who received small business loans from the government, plus everything else you missed in business news - CNBC After Hours Kany
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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.
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