Atlassian
FEBRUARY 2, 2022
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.
CloudZero
FEBRUARY 25, 2022
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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IPS
FEBRUARY 15, 2022
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.
Dext
FEBRUARY 23, 2022
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.
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.
AvidXchange
FEBRUARY 21, 2022
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.
Stephanie Peterson
FEBRUARY 17, 2022
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.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
CloudZero
FEBRUARY 18, 2022
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.
IPS
FEBRUARY 8, 2022
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.
Dext
FEBRUARY 21, 2022
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.
Billah and Associates
FEBRUARY 16, 2022
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.
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.
Azure FinOps
FEBRUARY 15, 2022
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.
Atlassian
FEBRUARY 28, 2022
Subscribe to Work Life Get stories like this in your inbox Subscribe. 5-second summary. Creating a strong, cohesive team takes intention and planning. Researchers have been studying team dynamics for decades. There’s a significant body of knowledge about which organizational structures provide the best results given the circumstances, goals, and personalities involved in a team.
CloudZero
FEBRUARY 16, 2022
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.
AvidXchange
FEBRUARY 15, 2022
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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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.
Stephanie Peterson
FEBRUARY 13, 2022
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.
5 Minute Bookkeeping
FEBRUARY 3, 2022
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.
Azure FinOps
FEBRUARY 15, 2022
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.
Atlassian
FEBRUARY 10, 2022
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.
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.
CloudZero
FEBRUARY 15, 2022
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.
Oversight
FEBRUARY 2, 2022
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.
XY Bean Counters
FEBRUARY 1, 2022
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.
AvidXchange
FEBRUARY 1, 2022
Are you ready to grow in your finance career? We pinpointed three ways to consider: sharpen your strategic thinking and planning skills, gain specialized education in digital technologies and decide whether you want to progress further in an accounting or finance career – they’re not exactly the same. Let’s dive into each in more detail: 1. Sharpen Your Strategic Planning and Execution Skills What does it mean to sharpen your strategic planning skills?
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!
IMA's Count Me
FEBRUARY 27, 2022
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.
Atlassian
FEBRUARY 15, 2022
Subscribe to Work Life Get stories about tech and teams in your inbox Subscribe. The true cost of an agile transformation can be hard to measure, boiling down to a combination of process, people, and tools. As soon as an organization discovers a better way of working, the investments begin. First, you have to decide which framework or methodology works best for your teams; then, you spend time researching and getting buy-in, setting the stage for the cultural change required to adopt new ways of
CloudZero
FEBRUARY 11, 2022
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.
Earmark Accounting Podcast
FEBRUARY 23, 2022
Learn more about SoftLedger: [link] Earn free CPE for listening to this episode: [link] Download the Earmark CPE App: Apple: [link] Android : [link] Connect with Our Guest Ben Taylor, CEO @ SoftLedger: [link] Connect with Blake Oliver, CPA Linkedin: [link] Twitter: [link] Ben Taylor, CPA, joins the show to share what accountants need to know about blockchain and cryptocurrencies.
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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!
XY Bean Counters
FEBRUARY 1, 2022
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.
Cloud Accounting Podcast
FEBRUARY 16, 2022
Sponsors OnPay: [link] Synder: [link] FreshBooks: [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes . We've also got updates on the IRS "facelift" that fell flat, some big raises, some app news, and much more! 02:44 – IRS backs away from facial recognition [link] 04:26 – IRS To Ditch Biometric Requirement for Online Access [link] 06:33 – A Guide to Completing Your Organizer This Tax Season [link] 11
Dext
FEBRUARY 15, 2022
The COVID-19 crisis has led to dramatic shifts in how accountants and bookkeepers work with their clients. Accountants will have to work harder to meet the ever-evolving client experience requirements in order to win and remain relevant. The race to become a digital practice has arguably already been run.
Atlassian
FEBRUARY 16, 2022
5-second summary. As a volume-based business – that is, one that is oriented around selling as many units as possible – you can’t cover every corner of the market or every use case yourself. So don’t bother trying. For SaaS companies that are using the flywheel model, partnering with other organizations on sales, integrations, and add-ons is the best way to attract and satisfy customers who have unique needs.
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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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