January, 2020

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Are you happy AP

AP Association

I set up HAPPY AP as a result of being made redundant from a large corporate company. Over the last 30 years I have worked primarily in AP, along with Provisioning , Vendor Management , Fixed Asset Management , Mentoring and Training. Background Most of the companies I have worked for have been those large ones – where there is a department for this and a department for that.

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Statistical Modeling to Solve a Time-series Problem: How CloudZero Uses Machine Learning to Detect Cost Anomalies

CloudZero

It is no secret that it is not that hard to accidentally spend a boatload of money on AWS. This Twitter user told the story of his $77,000 mistake with a monkey emoji (because what’s funnier than spending the price of an entry level Tesla by accident.).

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The New Year Resolutions To See You Through 2020

Dext

If you do anything next year, do this. The days between Christmas and New Year are decidedly geared around reflection. It’s a period to look back on the year, perhaps even the decade, restore energy and prepare for the one ahead.

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Ep. 45: Anders Liu-Lindberg - "Insight x Influence = IMPACT"

IMA's Count Me

Contact Anders: [link] Additional Resources from Anders: Link to book: [link] Link to the ebook: [link] Link to blog: [link] FULL EPISODE TRANSCRIPT Adam : (00:05) Hey everyone, thanks for coming back for episode 45 of Count Me In. Our featured guests for today's conversation joined us from Denmark as Anders Liu-Lindberg spoke with Mitch about the popular topic of business partnering.

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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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Visa acquires Plaid & Intuit makes ChronoBooks exclusive to QBO Advanced

Cloud Accounting Podcast

Sponsors QuickFee: [link] AccountingSuite: [link] OnPay: [link] Show Notes 01:52 – David can see clearly now, just in time to admire the cracked screen of his smartphone 02:42 – Blake's upping his skills game at Jirav, learning financial modeling 03:08 – Blake's second webinar - Webinar Recording: How to Build a Financial Model for an Accounting Firm | Jirav 04:25 – The most effective way to master a new tool or software is to use it for yourself, or a client 05:24 – Is there life after The Clou

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2020 Tech Trends: Cybersecurity Will be a Study in Change

AvidXchange

A good chunk of my career was spent in banking — an industry that is generally wary of innovation and tech adoption, at least in part due to its highly regulated nature. The tech industry, on the other hand, has spent the last two decades “moving fast and breaking things,” with few regulations standing in the way. From my perspective at the crossroads via AvidXchange, neither model is ideal.

More Trending

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AWS Billing Alerts: When to Use Them and How to Set Them Up

CloudZero

Making sure you don't overspend on AWS is a perennial challenge for many software companies. To help make sure you don't surpass your budget, AWS offers billing alerts, which send you an alert when your costs have reached a certain threshold. This can be a handy way to keep your costs in check, but can take some time to set up and will cost you some extra money.

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The Ultimate Makeover: How Chris Cheeney Doubled Year-on-Year Revenue with Receipt Bank and Xero

Dext

Chris Cheeney is a man to be reckoned with. Chris first cut his teeth as a financial analyst, working on spreadsheets “all day every day.” Back then, automation was his downfall.

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Ep. 44: Sarah Elliott - Accounting, Entrepreneurship, and Leadership

IMA's Count Me

Contact Sarah: [link] [link] About Sarah: [link] Intend2Lead: [link] Sarah's favorite quote: “As we let our own light shine, we unconsciously give other people permission to do the same. As we are liberated from our own fear, our presence automatically liberates others.” – Marianne Williamson FULL EPISODE TRANSCRIPT Mitch : (00:05) We are back with Episode 44 of Count Me In , IMA's podcast about all things affecting the accounting and finance world.

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It's tax season! (and the best time to steal your competitors' clients)

Cloud Accounting Podcast

Sponsors QuickFee: [link] AccountingSuite: [link] OnPay: [link] Show Notes 05:31 – Fresh back from the Sage Accountants Advisory Council, in Dallas, Blake is basking in brisket afterglow and ready to talk cloud accounting! 06:21 – David takes a field trip to a real accounting firm! 07:53 – It’s tax season ! Yay … | Accounting Today 08:41 – Are IRS audits becoming an endangered activity?

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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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AWS Billing Alerts: When to Use Them and How to Set Them Up

CloudZero

Making sure you don't overspend on AWS is a perennial challenge for many software companies. To help make sure you don't surpass your budget, AWS offers billing alerts, which send you an alert when your costs have reached a certain threshold. This can be a handy way to keep your costs in check, but can take some time to set up and will cost you some extra money.

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Ep. 43: Hiten Keshave - Who is a Disruptive Leader? | CFO Mindset

IMA's Count Me

Contact Hiten: [link] "Defining a Successful Disruptive Leader" : [link] For more information , visit his website at www.theunconventionalca.com and subscribe to his newsletter. FULL EPISODE TRANSCRIPT Adam : (00:05) Welcome back to Count Me In, IMA's podcast about all things affecting the accounting and finance world. Our guest for episode 43 is Hiten Keshave CFO, entrepreneur and established leader in finance.

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BONUS | IMA's Young Professional Leadership Experience

IMA's Count Me

IMA's Young Professional Leadership Experience : [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. Today's episode will be another bonus episode of our IMA focused mini-series. Over the last few months. We've interviewed former IMA, young professional award winners and ask them specific questions about their early careers.

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The best and worst 2020 predictions (and some of our own)

Cloud Accounting Podcast

Sponsors Jirav: www.jirav.com Hi, this is Blake, and I just wanted to let you know that this episode of the Cloud Accounting Podcast is sponsored by Jirav, my employer. “Jirav” sounds a lot like “giraffe” — and that’s no accident. Giraffes are the tallest animal in the world. That gives them a great view. Our goal at Jirav is to give you a similarly great view of what’s going on with your business.

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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. 41: Ivo Sokolov - Data Engineering

IMA's Count Me

FULL EPISODE TRANSCRIPT Adam : (00:00) Welcome back for episode 41 of Count Me In, IMA's podcast about all things affecting the accounting and finance world. Our featured guests for this episode is Ivo Sokolov,, a data office division co-leader at one of the most profitable and best capitalized banks in Austria where he specializes in data engineering, regulatory tech and project governance Ivo joined Mitch to talk about how data engineering fits into today's accounting and finance function and

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Choosing an AWS Savings Plan

CloudZero

Amazon recently announced the rollout of their new AWS Savings Plans , a new way to reduce your cloud compute costs. These allow you to achieve the discounts associated with their popular Reserved Instances (up to 72% off on-demand pricing) without having to engage in the headache of managing the same. With the new plans, you would commit to a particular hourly spend of your choosing on either a 1 year or 3 year fixed term.

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How California's new privacy and contractor laws could affect you

Cloud Accounting Podcast

Sponsors OnPay: [link] OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer! Show Notes 01:48 – When it comes to staying organized, there’s only OneNote for Blake 04:24 – This one time, at Pod Camp.

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Ep. 39: Olya Kovnatska - Mentoring the IMA Way

IMA's Count Me

IMA's website: [link] IMA's Leadership Academy: [link] Mentoring with IMA: [link] FULL EPISODE TRANSCRIPT Mitch : (00:00) Welcome back to count me in. IMA's a podcast about all things affecting the accounting and finance world. I'm your host Mitch Roshong with me is my co host Adam Larson and we are happy to bring you episode 39 of our podcast series.

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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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Reflecting on a Decade of Cloud Accounting

Cloud Accounting Podcast

Sponsors OnPay: [link] OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer! Show Notes 00:54 – Smart and Smarter? A look back at smartphones over the years | Reuters 01:03 – Tech years = dog years – we look at some of the massive changes that have taken place over

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How to Tell if You're Overspending on NAT Gateway (and How to Fix It)

CloudZero

We’re often asked what are some of the top areas where we see customers overspending? Data transfer costs from misconfigured NAT Gateway definitely tops our list as one of the most common. In this article we’ll walk you through five steps to find which data transfers you’re overspending on and how to you can eliminate those excess charges.

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Simple AWS Serverless Patterns for Building Cost Effective and High Performing Serverless Infrastructure

CloudZero

The popularity of serverless infrastructure, like AWS Lambda, is on the rise , which is easy to understand, given its promise of a cheaper price tag and less maintenance. However, as companies are lifting and shifting apps into lambda, many are discovering that it’s not that simple. Like any shift, such as moving from on-prem to the cloud, the reality is, applications need to be designed a certain way in order for you to reap the cost and efficiency benefits.

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AWS Savings Plans

CloudZero

Amazon recently announced the rollout of their new AWS Savings Plans , a new way to reduce your cloud compute costs. These allow you to achieve the discounts associated with their popular Reserved Instances (up to 72% off on-demand pricing) without having to engage in the headache of managing the same. With the new plans, you would commit to a particular hourly spend of your choosing on either a 1 year or 3 year fixed term.

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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. 42: Robert Koechig - Data Analytics & Business Intelligence Solutions

IMA's Count Me

Robert's Resources: LinkedIn: [link] Data Analytics: [link] Data Analytics Demo: [link] FULL EPISODE TRANSCRIPT Mitch : (00:05) Welcome back for episode 42 of Count Me In. As we strive to provide you with the information most important to your role as an accounting and finance professional. No topic may be more relevant than that of data analytics. Robert Koechig, president at TEG IQ talked with Adam about the importance of business intelligence for the CFO team and how to effectively use data a

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We've Got No Goodwill for Goodwill & the Pentagon Sucks at Accounting

Cloud Accounting Podcast

Sponsors Bill.com: [link] Timesheets.com: [link] OnPay: [link] Show Notes 02:20 – Blake gets his nerd on in the hunt for the true meaning of goodwill 04:40 – Google hopes you won't pay attention to its new search results format | The Verge 06:47 – Reviews and feedback! Thank you! 07:31 – Our in-depth discussion of the four-day workweek is here 07:41 – How to stop serial meeting holders in their tracks – charge them for every meeting they schedule !

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3 Things You Need to Do Before Starting Your Self Assessment

Dext

Business owners, it’s that time of year again. For the self-employed, freelancers or those with a secondary source of income, there are two words that trigger a sense of dread every single year. Self Assessment. Simply put, it’s a calculation of all the tax you must pay for any given year, based on your income.

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Ep. 40: Loreal Jiles - How Real is RPA in Finance and Accounting?

IMA's Count Me

"Govern Your Bots!" by Loreal Jiles ( Strategic Finance, January 1, 2020): [link] Links to learn RPA Development or other things about RPA Tools for Free UiPath: [link] (The name of the RPA tool is UiPath and this site is to UiPath Academy). Automation Anywhere: [link] (The name of the RPA tool is Automation Anywhere and this site is to Automation Anywhere University) FULL EPISODE TRANSCRIPT Adam : (00:00) Welcome back to Count Me In, IMA's podcast about all things affecting the accounting a

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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!