July, 2022

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How should small businesses balance artificial intelligence, automation and data privacy?

Xero

We recently held our fourth Xero Responsible Data Use Advisory Council meeting via Zoom with seven council members across four time zones to discuss the most important emerging trends around responsible data use for small businesses. How time has flown – we’ve nearly completed our first year of a council. The council includes myself, Samuel Burmeister of Tall Books (advisor), Laura Jackson of Popcorn Shed (business owner), Maribel Lopez of Lopez Research (analyst), Wyndi and Eli Tagi of WE Accou

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Black CPA Centennial distributes $93.5K in scholarships

Accounting Today

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How SaaS Companies Should Prepare for an IPO

Sage Intacct

Wow, an IPO is a massive milestone! It signifies that your company is a clear forerunner in its market and that it’s run and managed effectively. Going public is something a company’s leadership can be incredibly proud of.

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8 most common filing mistakes that make you look silly

AP Association

When it comes to working in accounts payable, knowing the mistakes that can save you and your company money, time and productivity are essential. No one wants to hire a person who will make bad decisions, take too long to pay their vendors, be misinformed on how much they can spend, or worse yet, make their CEO look silly. Whether you're new to the world of financing or just want to become a better AP professional, having knowledge of the most common filing errors will not only save you time but

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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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CapEx Vs. OpEx In Cloud Computing: What’s The Difference?

CloudZero

As many companies shift from traditional IT infrastructure to cloud computing, they are also rethinking how they handle cloud costs — from accounting to tax reporting.

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Your Guide to Virtual CFO Services: Everything You Need to Know

Future Firm

Offering virtual CFO services is a great way to help small businesses and startups manage their finances. These services can help businesses level up with financial reporting, planning and forecasting, and more. In this guide, I’ll discuss: What virtual CFO services are. The different services offered within them. The benefits of offering and using them.

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A more intelligent digital transformation for AP

Accounting Today

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3 Ways to Cut Your SaaS Close Cycle

Sage Intacct

How do the best SaaS CFOs help their companies win their market? By providing data for faster decision making: when to hire, how to invest, where to double down. For this reason, cutting close time should always be a top goal of SaaS companies. That involves constantly scanning the horizon for anything that might get in the way of a smooth and fast closing process.

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Why ERPs are Not Enough for Accounts Payable Automation

IPS

An enterprise resource planning (ERP) application is the financial nerve center of the business.

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CloudHealth Pricing: How Much Does CloudHealth Cost?

CloudZero

Virtualization technology provider VMware acquired CloudHealth in August 2018. VMware hoped the new addition would enable more organizations to manage services on other cloud platforms like AWS, Azure, and their private data centers.

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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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How to Get Accounting Clients in a Changing World

Future Firm

In this post, I’ll be outlining strategies your firm can take today for how to get accounting clients and land new business in a rapidly changing world. I’ll be backing these strategies up with statistics gathered from a recent study titled “ The Next Chapter for Small Business: How to Thrive in a Changed World ” conducted by Forrester Consulting on behalf of Xero, which surveyed 1,000+ small businesses and 1,000+ consumers around the world in June 2020 to tap into today&

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Xerocon Sydney by the numbers

Xero

We’re numbers people here at Xero. And we know you – our partner community – are too. So to celebrate the return of Xerocon Sydney this September, we’ve gone and rounded up some stats to give you a taste of what to expect. Because if our calculations are correct, there are 1,161 reasons (and counting) to get excited about this unmissable event for cloud accounting leaders. . 12 keynote sessions.

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OSCPA gives $54K in scholarships to Oklahoma accounting students

Accounting Today

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3 Steps to Build Your Revenue Recognition Strategy

Sage Intacct

Revenue recognition is at the heart of accounting for SaaS and subscription companies. But it is complicated. However, you can quickly study and optimize your unique version of calculating deferred revenue.

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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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Why Advertising Agencies Must Automate their Payables End-to-End

IPS

The importance of digitizing media payables end-to-end cannot be underestimated.

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Announcing CloudZero AnyCost: Cost Intelligence For A Multi-Service World

CloudZero

At CloudZero, we’re confident that we can organize cloud spend better than anyone else out there.

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Accounting Engagement Letter: Templates, Samples & How to Create One

Future Firm

Does your firm use an accounting engagement letter when signing on a new client? This post is a deep dive into why you should. In this article, you’re going to learn about: What an accounting engagement letter for your firm is. The purpose and need of a quality engagement letter. Items to put in yours. What to use to send this valuable document. Sample sections and template letters.

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Unveiling Xero’s commitment to small business employers

Xero

Running a small business certainly isn’t easy — and the pressure only increases when it comes to managing employees. But they play a really critical part in enabling the UK economy. . Did you know that in 2021, small and medium-sized businesses in the UK had a combined turnover of £2.3 trillion and employed 16.3 million people in the UK, which accounts for over 60% of all private-sector employment ?

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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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IRS grilled over fake charity fraud schemes

Accounting Today

Tax 321
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Building and Forecasting a Usage Billing Business

Sage Intacct

Usage-based billing is becoming an increasingly common way for recurring revenue companies to do business with their customers.

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The Cloud Cost Evolution Plan

The FinOps Alliance

Within IT Project Development there are a few things people see as evident. Having the right engineering skills to build the capabilities your application, solution or service needs is something no one would think twice about. Having someone in place to manage the project or team, is also a no brainer for many people working in the technology landscape.

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K3s Vs K8s: What’s The Difference? (And When To Use Each)

CloudZero

Kubernetes, or K8s, is an open-source, portable, and scalable container orchestration platform. With K8s, you can reliably manage distributed systems for your applications, enabling declarative configuration and automatic deployment.

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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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23 Accounting Security Tips to Keep Your Firm Secure

Future Firm

In today’s post, I’m going to show you the very best accounting security tips (23 of them to be precise!) to keep your accounting firm safe and secure. Key Takeaways. Importance of why you must have accounting security for the safety of your business. Different cybersecurity threats you need to be aware of that your CPA firm may encounter.

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Four processes in Xero to make FY23 your best year yet

Xero

Ringing in the new financial year may come without fireworks or champagne, but it is a great opportunity to reflect on the present and what lies ahead. It can be a moment to pause and take note of where your business currently is and how it operates – as well as where you want to be. It’s also a useful time to make changes or upgrades, especially to systems and processes, so things will be smooth-running well into the future.

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Democrats introduce bill to provide free tax filing through IRS

Accounting Today

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How SaaS Companies Can Tell Their Story to Investors

Sage Intacct

All the more now, Investors want the data that proves you can make your plan. For context, the struggle for investment capital among SaaS companies is always competitive, even under the best economic and investment conditions. But when times grow uncertain and market conditions become turbulent, the competition for investment capital grows even fiercer.

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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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5 Reasons why every bookkeeper should stop charging by the hour

5 Minute Bookkeeping

When it comes to pricing their services, most new bookkeepers start off with charging their clients by the hour. I certainly did that in the early days of my bookkeeping business too. But one of the best things that I did to grow my business was to move away from hourly billing to pricing all services upfront for my clients instead. If you’re still charging clients by the hour, I’d love to share my insights and experience with you from my own pricing journey.

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What To Look For In A Cloud Cost Tool: Must-Haves And Red Flags

CloudZero

When you’re already strapped for time and bogged down by cloud bills that seem higher than they should be, you may not be inclined to devote months to researching the best cloud cost tools. And unless you’ve used a cost tool before, you may have no idea where to start.

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Electronic Payment Systems: Everything You Need to Know

AvidXchange

You’ve probably heard of electronic payment systems and actually used them. But you may not have explored what these systems mean, which types are most relevant to you, how they work and ways they can help your business grow. You’ll find answers to all these questions here: Table of Contents What is an Electronic Payment? An electronic payment simply means you’re paying for products or services via the Internet, which most people do daily.

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Introducing start and end times in Xero Me

Xero

We’re really excited to share that in the weeks ahead, we’re rolling out new functionality in the Xero Me mobile app that will let employees record their start, end and unpaid break times. This new feature will help you keep accurate payroll records and save time on manual processes such as chasing timesheets or reviewing information before doing payruns in Xero.

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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.