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This is a follow up to a blog series where we explore DIY cloud cost management, monitoring, and optimization tools. In the first, we investigated how Lyft, Netflix, Segment, Expedia, and Slack built theirs. Check it out here.
Coming out of 2020 – one of the most turbulent economic years in history –the construction industry faces several market realities and technology challenges, as well as exciting opportunities. The pandemic caused widespread project delays, job cancellations and payment delays to contractors and subcontractors. There were shortages of products and materials.
From today Receipt Bank is now – and Dext is so much more. But what is Dext and what does this mean for you? What’s Dext? Dext is the new name for our company. We make accountants, and the businesses they advise, more productive, profitable and powerful with better data and insight.
Speaker: Dylan Secrest, Founder of Alamo Innovation and Construction Digital Transformation Consultant
Construction payment workflows are notoriously complex when you consider juggling multiple stakeholders, compliance requirements, and evolving project scopes. Delays in approvals or misaligned data between budgets, lien waivers, and pay applications can grind progress to a halt. The good news? It doesn't have to be this way! Join expert Dylan Secrest to discover how leading contractors are turning payment chaos into clarity using digital workflows, integrated systems, and automation strategies.
Living paycheck to paycheck is exhausting. As soon as your paycheck comes in, you have to spend it all on necessities like rent, utilities, insurance, and paying off debt. There’s usually little, if anything, left for savings or recreational activities. Then, something even worse happens: you’re hit with a fee. You might have missed a … Living Paycheck to Paycheck?
As businesses measure their growth based on revenue and expense cycles, accounts payable’s invoice payment activities can have a large impact on these cycles. Invoice processing is a key part of the procure-to-pay life cycle that makes up a company’s expenditure cycle. The payable process generally involves receiving and validating invoices, capturing and coding the data on the invoice, invoice matching, approvals, payment, and financial posting.
As a cloud cost intelligence solution , we often get asked where we fit in the cloud cost universe — and whether or not we’re an alternative to CloudHealth. The short answer is: it depends.
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As a cloud cost intelligence solution , we often get asked where we fit in the cloud cost universe — and whether or not we’re an alternative to CloudHealth. The short answer is: it depends.
It will be hard for accounts payable leaders to achieve incremental process improvements unless they digitize the way their department receives, approves and posts invoices when staff work remotely.
The role of a manager is to support employees—and that includes supporting their mental health. As we move into the new normal following the COVID-19 pandemic , that will be especially true for healthcare staff management. Not only were healthcare staff on the front lines of the pandemic, they had to adapt to the rapid adoption of new modalities and technologies, such as automated workflows, digital communication, and telehealth.
The construction industry’s biggest challenges to growth this year include project delays, shortages of skilled workers and less access to building products and materials. But it isn’t all bad. Despite the undeniable challenges, the industry has several opportunities for a prosperous year. More contractors are confident the market will offer new business opportunities in next 12 months and have hiring plans that reflect that belief.
You wouldn’t keep using a 2009 flip phone - so why settle for outdated close processes? It’s time for an upgrade. SkyStem's Guide to Month-End Close Software walks you through what today’s best tools can do (and what your team shouldn’t have to deal with anymore). Get smart, fast, and a whole lot less stressed when it’s time to close the books.
If you’re like most small business owners, you often find yourself or a member of your team sitting at a desk that’s piled high with receipts, invoices, and bank statements or stuck at a computer wading through multiple spreadsheets. Diligently, you get stuck-in, only to find that (what seems like) the same pile of work presents itself again a couple of days later.
Technical debt is an important — but often unclear — concept for engineering teams. In software development, technical debt, also called code debt or tech debt , is defined as the cost of refactoring a piece of code or system to keep it working efficiently.
Quite often, I’m asked by small business owners if they should set up an LLC, and my response is always “Why?” Their response is usually because someone told them they should. Somewhere along the line, we have become satisfied accepting business advice from people who have no business providing said advice. Most times, this someone is not qualified to offer such advice, nor do they have personal experience to draw from.
In the fifth installment of Oversight's "Spend Risk Examined" podcast, Chief Client Officer Nathanael L'Heureux shares the benefits of building a culture of compliance and the steps to creating one.
Speaker: Jason Chester, Director, Product Management
In today’s manufacturing landscape, staying competitive means moving beyond reactive quality checks and toward real-time, data-driven process control. But what does true manufacturing process optimization look like—and why is it more urgent now than ever? Join Jason Chester in this new, thought-provoking session on how modern manufacturers are rethinking quality operations from the ground up.
When your company has the opportunity for a new project, it can be very tempting to accept any offer that comes your way. However, it is important that the scope of the project is carefully reviewed and analyzed in conjunction with your accountant or accounting department to make sure that the objectives are in line with company goals and perform a risk assessment to ensure tolerable risk.
With the new year upon us, it’s time for leaders in the construction industry to think of new strategic initiatives. Here’s one to consider: whether now is the right time for your company to start automating accounts payable (AP) processes. There are many questions to answer. Will this shift save your company money and generate a compelling return on your investment?
Small business owners often find themselves wearing all the hats in their business, juggling daily tasks that range from sales through to purchasing and daily finance operations. The problem is that if you want to grow your business intentionally, the ‘I’ll oversee everything myself’ model is simply not sustainable. The internal finance function in your business is its lifeblood.
The accounts payable (AP) function is evolving and AI is leading the charge. As finance teams face rising invoice volumes and expectations for speed and accuracy, AI-powered automation has shifted from a futuristic concept to the most practical solution. But for finance leaders, success isn’t just about selecting the right tools, it’s about implementing the right strategy.
Contact Miguel Molina: [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 today's conversation will cover the topic of leadership and how finance leaders accelerate change. In episode 112 of our series, Miguel Molina, CFO at Avocados from Mexico talks about his career journey and what he has been able to overcome and accomplish through effective leadership and cha
At Dext, we ask the hard questions for you to help share some of the best tips possible for advancing your practice. We’ve worked with one of our partners Michael Shafman, CEO of NexCloud Consulting, to cover some of the topics we know you are curious about.
Sponsors Dext: [link] Odoo: [link] Relay Financial: [link] Show Notes 1:50 – David got bitten by the Bitcoin bug! 6:25 - Tax season off to a slow start, lawmakers complain to IRS [link] 8:19 – Is an end to the pandemic in sight? 12:27 - Take control of your calendar this busy season [link] 14:58 - Democrat bills would help the IRS go after wealthy, corporations [link] 22:00 - Screenshot of the Horrific UI Design That Led Citigroup to Accidentally Send $893 Million [link] What can we
It may seem like a big undertaking to go about automating accounts payable processes throughout your business. To help, here’s a quick guide, and some actionable steps you can take. Why should I consider automating accounts payable? You may want to consider accounts payable automation if you’re looking to streamline operations, lower costs and deliver more personalized services to customers.
Nonprofits are under more pressure than ever to demonstrate financial accountability while continuing to expand their impact. Traditional budgeting models often fall short, reinforcing silos, limiting flexibility, and stalling growth. Enter collaborative budgeting: a dynamic, team-driven process that enables smarter resource allocation and builds financial resilience at scale.
If you want an accurate evaluation of your financial position, you need an accounting auditing firm. Not every business has enough resources to audit its accounts. Accounting ensures that you have proper data of your income & expenditures, assets, liabilities, investments, and much more. It provides a complete overview of how your finances stand at a particular date.
Contact Serena Wolfe: [link] FULL EPISODE TRANSCRIPT Mitch: ( 00:00 ) Hello and welcome back for another episode of Count Me In. Mitch Roshong here with you again and today you'll be hearing my co-host Adam speak with Serena Wolf about CFO role in implementing an ESG agenda. Serena is CFO of Annaly Capital Management and has over 20 years of experience in accounting.
Massive Rocket used our platform to scale effectively by reducing the number of hours wasted processing expenses from a team that operates around the world. Founder and CEO Thierry Sequiera speaks about moving from a month-end model to one that operates in real-time – and how easy it was to get there.
Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te
Sponsors BQE CORE: [link] Bookkeep: [link] BooksTime: [link] Show Notes 1:00 - Welcome back, Rachel Fisch! 2:40 - MNP to acquire subset of Deloitte business to expand footprint in select locations across Canada [link] 9:31 – Episode 49 Discussion about KPMG back in December of 2018 [link] 14:49 - EY U.S. Chair Kelly Grier Is Super Excited About EY’s Super Bowl Ad, You Guys [link] 15:15 – Take a listen to EY’s Super Bowl Ad 16:00 - Same year that EY elected to forgo performance based
Your business may believe it’s time to consider shifting to an automated and paperless accounts payable (AP) process. But how can you be better informed and more confident this is the right move to make for your company? What factors should you more carefully weigh? Here’s a rundown of the questions you’ll want to answer and issues you’ll need to address.
I have been part of the RevCycle team for a little over a year not and have enjoyed every minute of it. They provided me with all the tools and training I needed to succeed and feel comfortable working in this new environment. Since joining the team, I have had the opportunity to advance my knowledge and continue to grow in my role. I look forward to more opportunities in the future!
CloudZero is a cloud cost intelligence solution that puts engineering in control of cloud cost. We set out to disrupt the cost management and optimization space by building a solution that was designed around the way engineers work — so cost becomes a tradeoff during the software development process, rather than a massive disruption.
Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.
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