February, 2023

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You can now enrol in STP Phase 2 – it’s crunch time to complete your transition

Xero

The moment is here; the final step of Xero’s Single Touch Payroll Phase 2 roll out is now available to all customers. Once your payroll data is updated and you’ve marked each step as complete in the STP2 Portal, you’ll be able to enrol in Phase 2 reporting – step four of the transition. This will see your business share more information with the ATO and other government agencies whenever you process a pay run.

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The Lowdown on Accounting Process Automation

Accounting Department

Notorious for being time-consuming, manual processes consume a lot of time for businesses. This is caused by relying on spreadsheets to handle core accounting functions that could otherwise be completed in seconds or minutes, rather than hours or days. Not to mention every manual process is prone to human error, which could lead to additional costs, delays, and issues.

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How to Maximize Cloud Savings on Cyclical Workloads Using Commitment-Based Discounts

ProsperOps

The promise of elastic cloud infrastructure is the ability to quickly spin compute up and down and only pay for what you use. Workloads have different requirements and, depending on customer maturity level, take advantage of this capability to varying degrees. This ultimately leads to a wide variety of workload patterns from consistently stable to highly volatile.

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Hidden MS Azure costs and how to monitor them to keep your cloud budget under control

FinOps in Practice

With the advent of the digital age, cloud computing has quickly become an essential option for organizations of all sizes and shapes. Being a relentless leader in the IT field, Microsoft just couldn’t help but come up with a cloud computing platform of its own. Nowadays, Azure is one of the most popular cloud services out there, and for a reason. Like its competitors from AWS and Google Cloud, MS Azure offers a vast range of services and features that make it a reasonable choice for those who co

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How to Streamline Payment Applications & Lien Waivers Through Innovative Construction Technology

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.

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How to Streamline Invoice Processing | Dynamics GP AP Workflow

Fidesic blog

In this article we will discuss Microsoft Dynamics GP AP workflow capabilities, when to use them, how to use them and alternatives for best results.

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OCR Software vs AP Automation

Ascend Software blog

What is OCR?

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Overcome these Business Challenges in 2023

Accounting Department

Over the last few years, the rapid acceleration of accounting technology has redefined the way businesses go about their bookkeeping, operations, and more. This ramp-up in technology has caused a rise in the need for professional outsourced services and automation opportunities, however, business owners are still facing some challenges that can be avoided in 2023.

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How to Maximize Cloud Savings on Cyclical Workloads Using Commitment-Based Discounts

ProsperOps

The promise of elastic cloud infrastructure is the ability to quickly spin compute up and down and only pay for what you use. Workloads have different requirements and, depending on customer maturity level, take advantage of this capability to varying degrees. This ultimately leads to a wide variety of workload patterns from consistently stable to highly volatile.

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6 ways to use GCP for free

FinOps in Practice

The use of cloud services opens up enormous opportunities for IT companies. It significantly lowers the barrier to entry for those organizations that would otherwise never enter the market should they use the traditional approach to building infrastructure. However, it is important to use the capabilities of cloud services correctly because, over time, costs can increase and grow to significant sizes if not properly managed.

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Is Internet Explorer really really “retired”? Not quite…

Fidesic blog

Microsoft implemented another gate to keep people on most client versions of Windows 10 from running Internet Explorer 11 on Feb 14.

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You upgrade everything else. Why not your close process?

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.

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Insightful Accountant Expanding ProAdvisor Awards Program for 2023

Insightful Accountant

Insightful Accountant will recognize a new list of up to 25 Up-n-Coming ProAdvisors, and a Top Up-n-Coming ProAdvisor for 2023.

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Xero Assistance Programme extends to all small businesses in Auckland, Northland, Waikato

Xero

In the wake of extreme weather events, the Xero Assistance Programme (XAP) is being extended to all small businesses in the Auckland, Northland and Waikato regions. From Wednesday 1st February through to Friday 31st March, any small business owner, employee or their families in Auckland, Northland and Waikato regions can access three confidential and free telephone, live chat, online or face-to-face counselling sessions.

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Reasons Why 2023 is the Year for Client Accounting Services

Accounting Department

It’s common for business owners to feel stretched to the limit with the services they have. A common misconception is that implementing anything else will drain resources and strain current practices. Yet this isn’t necessarily the case — particularly regarding client accounting services (CAS). But why are these services so important? And why is 2023 the year businesses should consider implementing CAS into their strategy?

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B2B Cloud Software – Drift

ProsperOps

CASE STUDY Cloud Software: Drift Learn how CloudZero and ProsperOps help Drift make cost-informed engineering decisions, reduce resource usage, and automate the management of their discount commitments, reducing overall cloud costs and returning millions in savings to their AWS budget. Challenge Prior to working with CloudZero and ProsperOps, Drift’s finance and engineering teams were using their own methods for tracking, understanding, and managing their AWS bill and cost optimization per

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Precision in Motion: Why Process Optimization Is the Future of Manufacturing

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.

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How to Harness the Power of Digital Marketing for Accounting Firms

Plooto

As technology has gotten more advanced and accessible, digital marketing for accounting firms has become one of the best ways to reach and service potential clients. From social media to podcasting, online marketing offers an effective way for accounting firms to build brand awareness and increase their visibility across multiple channels.

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4 Tips on How to Increase Productivity Using Your Microsoft 365 Subscription

Fidesic blog

Originally Published by Joseph Markovich at JCMAinc.

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Client Hub Launches Free Recategorize Plan

Insightful Accountant

The new tier will enable accountants to get all their QuickBooks transaction questions resolved from their clients quickly and easily—and the subscription is free.

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Five tech trends for small businesses to watch in 2023

Xero

Technology advancements are continuously reshaping not only the way we work, but fundamentally how we operate across nearly every industry. With new innovations unlocked almost daily — each with a unique promise to transform how we do business — how do busy small businesses and their advisors separate the fad from the fancy? We’ve been doing a lot of thinking about this recently, and it’s a priority for us this year to help demystify some of these trends and shine a light on those which could be

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AI In Accounting: A Practical Roadmap For Smarter AP

Speaker: Gerald Ratigan

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.

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Rare Disease Day Hits Home with AccountingDepartment.com

Accounting Department

Rare Disease Day is the globally-coordinated movement on rare diseases, working towards equity in social opportunity, healthcare, and access to diagnosis and therapies for people living with rare diseases.

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Investing in the Future of Cloud FinOps Automation

ProsperOps

We recently announced an investment led by H.I.G. Growth Partners and a few other strategic investors. There’s no better time to expand our reach and deepen our capabilities, given the nascent maturity of FinOps as a discipline, not to mention the recession in tech. Most companies are leaving money on the table The FinOps Foundation’s 2023 State of FinOps report lays out the thesis for ProsperOps in 2023 and beyond.

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Cash Flow Projections: Strengthen the Financial Future of your Business

Plooto

For businesses of all sizes, managing an organization’s cash flow is an essential ingredient for success. For a business to successfully manage its cash flow , it must first understand its current cash flow standing and consequently project how cash flow will look in the future.

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Live Streaming with Fidesic Coming Soon

Fidesic blog

We are pretty pumped to be starting a streaming series on LinkedIn in the next few weeks. We are lining up guests from the Microsoft Dynamics Community to discuss “The Road to Directions”.

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Stop Budget Burnout: A Better Way to Grow Your Nonprofit in 2026

Speaker: Sean Yoder

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.

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Xero and Stripe Help Small Businesses Get Paid Faster

Insightful Accountant

Stripe and Xero are expanding their partnership to help small businesses globally get paid faster. Murph provides the details.

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Xero is heading to Accountex Australia 2023 – join us there!

Xero

Have you heard the news? Accountex – the leading accounting and finance event in the UK and Europe – is heading down under next month for the first time ever. Between 15 to 16 March, advisors from across the country will descend on Sydney’s International Convention Centre (ICC) for two days of learning, collaboration and connection. And Xero will be right amongst the action!

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Be Prepared to Make These 5 Accounting Decisions

Accounting Department

For new and growing businesses, accounting may not be the most exciting topic for owners, however, it's good accounting that will keep a business alive and prepared for what is around the corner.

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Effective Savings Rate: Establishing a Metric to Measure the True Impact of Cloud Financial Management

ProsperOps

Erik Carlin, co-founder and CPO at ProsperOps, recently joined the FinOps Guys podcast to share his take on FinOps metrics including Effective Savings Rate (ESR). The discussion centered on the evolution of automated cloud financial management and the establishment of a metric to track true cloud savings. Read on to learn why ProsperOps has introduced ESR as the single most important cloud savings metric.

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

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

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How to Win the Accounting Talent War in 2023

Plooto

Finding and retaining top accounting talent continues to be a challenge for CPA firms, especially after the pandemic has fundamentally changed how we work. However, with the right strategies, accounting firms can position themselves as employers of choice in order to attract the best and brightest candidates.

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Forecasting & Reporting for SaaS: How to Thrive in a Recession

Sage Intacct

When the market goes south, you need to have your forecasting and reporting capabilities dialed in more strongly than ever. In-depth and accurate reporting will enable you to keep your board and team up to date and confident that you can ensure continued profitability. Forecasting will help you analyze the impact of different plans and decisions before you commit to them.

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QuickBooks Business Network – A Vision on the Way

Insightful Accountant

Murph brings you up to date on the vision that is the QuickBooks Business Network. While it's not fully capable yet, it's getting there, and appears to be heading in the right direction.

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Why we can’t keep old reports (and other burning questions)

Xero

The retirement of old reports is now only a little over five months away. If you’re like many small business owners and advisors, you’re probably starting to seriously think about how this will impact your day-to-day work. We’ve answered some of your most common questions, so you can feel confident about switching to new reports before 31 July 2023.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

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.