The Savvy Bookkeeping Blog

MARCH 18, 2021

Trying to choose the right software to use in your business can be difficult. Having the opportunity to see what other business owners who are already using that software think about it can be a huge help.

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CloudZero

MARCH 9, 2021

While the cloud offers significant benefits, its inherent elasticity and scalability tend to give rise to uncontrolled cloud costs. Cloud costs can be opaque and difficult to analyze; without some system of identifying the source of costs and managing them, they can quickly undermine your profit margin.

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5 Minute Bookkeeping

MARCH 25, 2021

When you’ve got a problem in QuickBooks Online, the ‘easy fix’ is making a journal entry…right? As an accounting professional, you may have been trained to use journal entries liberally (I know I was), but in QBO there are some situations where journal entries help, and some where they can really mess up the books ! The key is knowing which is which and what goes on inside QBO when you create journal entries to make corrections.

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IPS

MARCH 24, 2021

Processing supplier invoices has never been easy. But it is harder for many accounts payable departments now that their staff works remotely.

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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.

Accounting

EasyBooks

MARCH 29, 2021

Without a Bookkeeping App You're Missing These 5 Benefits Bookkeeping is a time-consuming, thankless task and can be one of the most frustrating aspects of running a small business. Unlike large corporations, most small businesses don't have an accounting department to help with financial planning. This is why using a bookkeeping app is an excellent investment for small businesses.

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FreshBooks

MARCH 18, 2021

Any project can start well, and quickly get rocky if the right expectations haven’t been established. You might suddenly realise you’re doing more than what was agreed upon. Scope creep is real (not to mention costly for you). And if everyone isn’t on the same page from day 1, you’re going to lose a lot […] The post How to Easily Build Great Quotes for Your Projects appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners.

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CloudZero

MARCH 24, 2021

While there are many advantages to using Amazon Web Services (AWS), cost management can be complicated because so many factors impact your AWS bill. Account setup, savings plans, and a number of other factors can all affect your AWS charges and usage.

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Dext

MARCH 12, 2021

Seckingtons had just opened a second hair salon and it was already losing too much time on manual data entry, as well as having issues with missed receipts and invoices. The Dext team came to the rescue and helped them focus on what really mattered.

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Billah and Associates

MARCH 11, 2021

Accounting is not an easy task. That’s why businesses need accounting services Etobicoke to help them settle their books, record transactions and know the financial position. Today, there is a professional accountant in Etobicoke for every specialization. Whether its tax form preparation or balancing the statements, every activity has a specialist. To become a professional accountant, apprentices need to master a specific set of skills.

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Oversight

MARCH 10, 2021

Risk is defined as exposure to the chance of injury or loss, or a dangerous gamble. For an enterprise organization, risk is not something to take lightly – especially when related to financial performance and outcomes.

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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.

5 Minute Bookkeeping

MARCH 8, 2021

Are you taking on a big QuickBooks Online cleanup project and not sure where to get started? I’ve been in your shoes, but after years of performing QBO cleanups, I’ve developed a system for organizing my cleanup projects from start to finish. I want to share my tips for taking on a massive QuickBooks Online cleanup, to help you confidently take on even the toughest projects.

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IPS

MARCH 18, 2021

Accounts payable automation is critical to helping businesses navigate difficult times.

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CloudZero

MARCH 17, 2021

Ever since the concept of DevOps was introduced around 2009, a flood of new DevOps tools and uses have been adopted by engineering teams.

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Cloud Accounting Podcast

MARCH 31, 2021

Sponsors OnPay: [link] Rewind: [link] Odoo: [link] Show Notes 2:07 - The pandemic made us all coworkers — whether we like it or not [link] 3:00 - Slack’s walkback of its new DM feature is a sign of user power [link] 3:38 - Zoom Wants You to Zoom Even When Using Other Companies’ Apps [link] 4:45 - SURVEY: Phone, Email Tied for Client Communication [link] 9:05 - HR Tech Startup Ease Raises $41 Million To Help Small Businesses Better Support Their Employees [link] 9:23 - Jeff Bezos-backed

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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.

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IMA's Count Me

MARCH 28, 2021

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 here to introduce you to the guest speaker of episode 116 of our series. My co-host Rouba Zeidan sat down with Dr. Ahmed Yamen, an Associate Professor of Accounting at the American University of the Middle East in Kuwait.

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Oversight

MARCH 8, 2021

The early months of 2021 continue to prove the uncertainty surrounding COVID-19. While we continue to face questions around its sustained impact, we at Oversight identified a few lessons learned from 2020 that can guide us through this year’s uncertainty.

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Dext

MARCH 25, 2021

Bev Betteridge, the Founder, Owner and CFO of The Corner Office, shares her thoughts on the Dext report: The Future Needs of Canadian SMBs. Start with cash flow SMBs are now laser focused on how they generate and manage cash in their businesses.

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AvidXchange

MARCH 23, 2021

Dan Cardella, vice president of Terra Holdings, LLC , and Greg Zammit, executive vice president, remember what happened one year ago in New York City – and it didn’t pan out the way they expected. Cardella and Zammit knew many of the city’s businesses were temporarily closing, or shutting down permanently, because of the pandemic. For many companies, cash flow dried up.

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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

MARCH 4, 2021

Two major attractions of the cloud are the on-demand availability of services and the ability to deploy resources at the click of a button. But these alluring features also present the biggest challenges when it comes to cloud cost allocation.

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Cloud Accounting Podcast

MARCH 17, 2021

Sponsors OnPay: [link] Odoo: [link] Rewind: [link] Attend Rewind's Webinar Show Notes 3:58 - Economic confidence recovers to near pre-pandemic levels for finance leaders [link] 6:56 - BREAKING NEWS: Scaling New Heights® Rescheduled to October - insightfulaccountant.com [link] 9:57 - Cost Of Deloitte’s EDD Phone Center Balloons to $55M, As Millions Of Calls Go Unanswered - capradio.org [link] 16:02 - Accountants experience 60% increase in payroll services, says QuickBooks | News [link] 17

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IMA's Count Me

MARCH 10, 2021

Contact Twyla Verhelst: [link] Twyla's Links/Resources: [link] [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. This is your host, Adam Larson and today I'm bringing you right up to the start of episode, 113 with our featured guest, Twyla Verhelst. As we listen to this conversation, we first need to acknowledge that many accountants got into the profession because they are really good at crunchi

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Oversight

MARCH 1, 2021

Most modern finance teams engage in some form of spend management activity, putting either people, audit processes or financial management systems (FMS) in place to analyze expenses, identify cash leakage and improve process efficiency within their finance function.

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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!

Accounting

Dext

MARCH 25, 2021

We asked Ali Jones and Charlotte Ing of Sagars to provide their thoughts on the Dext report: The Future Needs of UK SMBs. Raising the bar We completely recognise the diverse nature of the SMB community and their differing support needs and desires as their businesses grow, develop and mature (sometimes across several generations).

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AvidXchange

MARCH 17, 2021

Estimated reading time: 6 minutes With a new, hybrid workforce, technology and the tech skills needed to use it have become more critical than ever in maintaining operations and bolstering cash flow in finance. So, it’s no surprise, that accelerating digital skills is a priority for 82 percent of CFOs in 2021. What does this mean for you, as a finance professional?

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CloudZero

MARCH 26, 2021

In the Software as a Service community (SaaS), benchmarking is crucial for any business that wants to succeed. Without benchmarking, it can be very difficult for a business in this space—especially in the early stages—to know whether they are moving in the right or wrong direction.

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Cloud Accounting Podcast

MARCH 9, 2021

Sponsors Odoo: [link] Relay Financial: [link] MarginDriver: [link] Show Notes 2:30 - Cryptocurrency Buys Are Not Reportable To The IRS [link] 7:29 - What’s in the $1.9T stimulus bill passed by the Senate [link] 13:47 - AICPA calls on SBA to change 'unfair' PPP guidance, deadline [link] 16:05 - AICPA urges delay in tax deadline until June 15 [link] 19:42 - FreshBooks, Salt Edge Team On Open Banking Tech [link] 20:22 - QuickBooks launches all-new Business Account [link] 20:36 - QuickBo

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Accounting

IMA's Count Me

MARCH 14, 2021

Contact Raef Lawson: [link] Download the Full Report, "The Impact of COVID-19 on the Finance Function": [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 this is episode 114 of our series. In this episode, IMA's Vice President of Research and Policy, Raef Lawson, joins our co-host Rouba Zeidan to talk about IMA’s recently released report, The Impact of COVID-19 on

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Oversight

MARCH 15, 2021

For over a century, International Women’s Day has marked a day of celebration and advocacy for women’s rights and equality around the world. It’s a day to observe the social, economic, and cultural achievements of women, celebrating the many success stories and recognizing what still needs to be done.

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Dext

MARCH 25, 2021

Dan Luthi, COO of Ignite Spot Accounting, shares his thoughts on the US Future Needs of SMBs report and what accountants can expect when talking to clients. Shift in demand and mindset There’s been a shift in the demand of SMBs.

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AvidXchange

MARCH 5, 2021

As 2021 kicks into high gear, there’s an obvious question on the minds of finance professionals throughout the accounts payable (AP) software market: Will the market experience growth this year? And there’s this follow-up question: If the market grows, what will drive that growth? We’ll help you answer both questions. Let’s start by resonating with a powerful statistic that emerged from our survey of 500 business leaders that has been summarized in this new report, Expert Insights for Peak Perfo

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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.