February, 2022

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Over-orchestrated: what happens when your team is too in-sync

Atlassian

Subscribe to Work Life Get stories like this in your inbox Subscribe. 5-second summary. Team cohesion is an important component of high-performing teams. Too much team cohesion can mean that individuals focus on coming to an agreement rather than finding the best idea. Encouraging a culture of healthy dissent can help prevent this – but only if team members feel psychologically safe.

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What Is AWS MAP? (And How To Get The Most Out Of Your Migration)

CloudZero

In 2021, the most popular vendor in the cloud infrastructure services market, Amazon Web Services (AWS), controlled 32% of the entire market. To encourage more businesses to choose AWS, Amazon started a program to help accelerate migration — the AWS Migration Acceleration Program (AWS MAP).

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SAP Ariba Integration: How IPS Helps Make the Most of Your Investment

IPS

It’s tempting to think that deploying SAP Ariba will solve all your invoice processing problems. But it doesn’t take long to realize that you might need a bit more help.

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A Deep Dive into Basis Periods with Paul Aplin OBE

Dext

Back in December 2021, we invited Paul Aplin OBE to share his thoughts on basis periods. Here, Paul recaps the talking points from that webinar and looks at what’s changing and what you need to know.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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ACH vs Wire Transfer – What’s the Difference?

AvidXchange

A common topic we receive a lot of questions about is related to ACH transfers vs wire transfers. Today both consumers & businesses have a wide array of options for paying their bills with accounts payable software. Lost in the seemingly endless options are the details of how those payments are actually executed, and what are the benefits & risks associated with making payments with each of these options.

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New Tax Laws for 2022 - Venmo, PayPal, Cash App, Etc.

Stephanie Peterson

Due to the American Rescue Plan, which was established last year, payment app providers like Venmo, PayPal, CashApp, etc. are all now required to issue you a Form 1099-K and report your earnings to the IRS for all business transactions of a combined total of $600 or more per year. This new law was created to make it tougher for someone to evade paying taxes they owe on business-related transactions.

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What Is Cloud Cost Optimization? 15+ Best Practices For 2022

CloudZero

As companies increasingly build in the cloud, cost optimization has become a major issue for many engineering teams. While cloud providers like AWS offer flexibility and easy scalability, cloud costs are often opaque and difficult to track.

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Charles H. Greenthal Management Grows with IPS AP Automation

IPS

Charles H. Greenthal Management Corp., a New York-based property management company, uses the IPS accounts payable (AP) automation solution to enable strong growth, deliver excellent service to its clients, and ensure on-time, happy suppliers.

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Dext Precision: 4 Ways to Guarantee Your Practice Stays Ahead of The Data

Dext

Great work starts with great data The advice you give clients is only as good as the data you’re working with. As well as alerting you to data that’s missing or simply not quite right, Dext Precision provides you with proactive insights, all of which mean your team can offer greater value to clients.

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Forms 1099-NEC and W-9 explained

5 Minute Bookkeeping

Are you feeling unsure about how to fill out Forms 1099-NEC and W-9? When the time of the year rolls around to prepare these forms, you might struggle to remember how exactly to go about it. In this article, I’ll explain how to fill out Forms 1099-NEC and W-9. Form 1099-NEC for Non-Employee Compensation. Non-employee compensation is reported in Box 1.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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What Happens If You Don’t Do Bookkeeping?

Billah and Associates

Accounting and bookkeeping are among all organizations’ most un-most loved activities. It may very well be enticing to hold back on your business accounting and heap it up until the furthest date of the tax season, just to complete it in a rush when the cutoff time is around the corner. That isn’t the method for maintaining a business! That’s when people start looking for bookkeeping services in Toronto to keep them in line with the taxation process.

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5 signs of a toxic work culture (and what to do if you’re stuck in one)

Atlassian

Subscribe to Work Life Get stories like this in your inbox Subscribe. 5-second summary. Workplace culture is the system of shared beliefs and behaviors that determine how an organization’s members interact and make decisions. Research shows that a toxic workplace culture can have a negative impact on productivity. The pandemic tended to amplify existing cultural issues.

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How FP&A Teams Can Tame Cloud Costs: 4 KPIs For Success

CloudZero

At a growing SaaS company, cloud costs can change dramatically from month to month depending on the software you’re building, the number of customers you have, and how products are performing.

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Middle Market Data Uncovers Prevalent Industrial Warehousing Trend

AvidXchange

While the pandemic changed a number of industries in profound and unprecedented ways, you’d be hard-pressed to find an industry more radically transformed than real estate. Reconfiguration of the residential and commercial real estate space has been widely covered, but AvidXchange’s AvidIndex, which analyzes millions of payments made across the AvidPay Network each quarter, showed an interesting trend emerging in the industrial warehousing sector.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

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How Do You Get Started in FinOps?

Azure FinOps

This post is about getting started with FinOps or, more specifically, how to cultivate a cloud optimization point of view and the obstacles you’re likely to face. If you’re interested in starting a FinOps practice within your organization, this is for you. FinOps Personas from the FinOps Foundation We’ve reached an interesting point in the still unfolding cloud era.

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Important Cryptocurrency Tax Rules (Bitcoin & Etc.)

Stephanie Peterson

Do you own any cryptocurrencies? If so, it is wise to stay on top of tax laws and regulations that may impact your crypto investments. Will you need to pay taxes on your crypto? Due to the fact that the IRS classifies crypto as a capital asset (a significant piece of property), you will owe taxes when you sell crypto and make a profit. Similar to more traditional investments, such as stocks traded at a gain.

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Putting AWS re:Invent 2021 cost optimization announcements into practice

AWS FinOps

Following re:Invent 2021 and all the amazing announcements, there are so many new and exciting ways for customers to optimize cloud spend. This blog highlights some opportunities that customers could really benefit from, and offers guidance on how to take advantage of them, and, therefore, the savings. If you want to hear about other re:Invent announcements, check out the Top Announcements for AWS re:invent 2021 post or watch our re:Invent episode from ‘ The Keys to AWS Optimization – Twitch Ser

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How to help your team recover after a setback

Atlassian

5-second summary. Failures and setbacks can destroy a team’s confidence, which, in turn, can impact their performance. Leaders can help people power through a crisis by employing three mental safeguards that keep the team from falling into a shame spiral. Once the dust has settled, teams should do some guided reflection to help them regain their confidence.

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8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.

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8 Issues With AWS Tags And How To Overcome Them For Good

CloudZero

AWS resource tagging is fundamental for effective cloud cost management. By creating and allocating cost-related tags in AWS, you can organize and manage your resources according to keys and values that make sense to you. This helps you better understand your cloud costs and manage your spending.

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HOA Management Group, AP Manager Both Grow Using Automation

AvidXchange

For years, accounts payable (AP) automation wasn’t a consideration for Agynbyte LLC , a leading community association management company based in Bellevue, Washington. The AP department was happy with its in-house practices, and the company was enjoying steady growth. Then, Agynbyte acquired a local condominium management company with 25 associations leveraging AvidStrongroom from AvidXchange.

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How Do You Get Started in FinOps?

Azure FinOps

This post is about getting started with FinOps or, more specifically, how to cultivate a cloud optimization point of view and the obstacles you’re likely to face. If you’re interested in starting a FinOps practice within your organization, this is for you. FinOps Personas from the FinOps Foundation We’ve reached an interesting point in the still unfolding cloud era.

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Is Your Business in Need of an Accountable Plan?

Stephanie Peterson

It is essential to reimburse yourself and your employees the right way. Having an accountable plan in place that follows IRS regulations benefits both a business and its employees by maximizing deductions and minimizing taxes. It allows for tax-free reimbursement of business-related expenses to officers and employees while being 100% tax-deductible for your business.

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How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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Behind the scenes at 5 Minute Bookkeeping

5 Minute Bookkeeping

If you’re here, you’ve likely heard of the 5 Minute Bookkeeping blog, and maybe the 5 Minute Bookkeeping YouTube channel , too. I love interacting with our community online, and I thought that for a change, you might want to see a behind the scenes look at how I put together the videos for my YouTube channel. Read on to see what happens behind the scenes at 5 Minute Bookkeeping and how these videos come about.

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5 code review best practices

Atlassian

Subscribe to Work Life Get stories about tech and teams in your inbox Subscribe. In 1988, Hewlett Packard (HP) conducted an internal review of their software development processes and set a target to improve their code quality tenfold. To meet this ambitious goal, they tried a number of approaches. Eventually, they concluded that incorporating code reviews into the development cycle saved more money than resolving defects after they were found by customers. fyi.

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AWS Cost Management: The Complete Guide To Manage AWS Costs

CloudZero

Most organizations migrate to the Amazon Web Services (AWS) public cloud from on-premises data centers. But others switch from another Infrastructure-as-a-Service (IaaS) platform to AWS. The most common reason we hear for choosing AWS is cost savings.

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Media Industry Trends: 5 Widespread Shifts Shaping Accounts Payable

AvidXchange

The advertising industry was hit hard by the pandemic, down more than $20 billion in 2020 , according to Statista. After a swift recovery, it’s predicted to experience exponential growth in 2022. As ad spending continues to climb and media buying and advertising agencies take on more work, what does it mean for staff that handles the invoicing and payments?

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Automation, Evolved: Your New Playbook for Smarter Knowledge Work

Speaker: Frank Taliano

Documents are the backbone of enterprise operations, but they are also a common source of inefficiency. From buried insights to manual handoffs, document-based workflows can quietly stall decision-making and drain resources. For large, complex organizations, legacy systems and siloed processes create friction that AI is uniquely positioned to resolve.

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Split Transactions Can Signal Potential Purchase Card Abuse

Oversight

E mployee Purchase Cards, or P-Cards, are work credit cards that allow employees to make smaller, routine purchases. P-Cards can lower operational costs by automating supplier payments and streamlining the overall procurement process, but they can also open the door to new risks like fraud and abuse.

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3 Tips to Make Tax Preparation a Breeze with Your CPA

XY Bean Counters

4 MIN READ Tax season is here, and advisors are starting to take a more detailed look at their books in preparation for filing and sending financial statements to their tax accountants. Before you send anything to your tax professional, a little legwork in advance might just get you moved to the front of the line and makes a big difference in filing as accurately as possible.

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Ep. 172: Dan Toma - Innovation Accounting

IMA's Count Me

Contact Dan Toma: [link] Outcome: [link] Dan's other podcasts: [link] [link] [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. This is your host Mitch Roshong, and I'm here to introduce our featured guest for episode 172 of our series. This conversation features Dan Toma, an innovation thought leader and the co-author of the award-winning book, The Corporate Startup and Innovation Accounting.

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10 teamwork tips custom-built for 2022

Atlassian

5-second summary. 2022 promises to (finally) be the transitional “light at the end of the tunnel” year we’ve been waiting for. Which means the shape of teamwork is likely to change (again). When we asked our Atlassian Community members for their top tips, communication and empathy featured prominently. Community members also shared ideas for reducing burnout and workplace stress.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.