April, 2023

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A sneak peek into what’s next for reports in Xero

Xero

Our team hit the ground running in 2023, introducing a number of exciting features to new reports that we know you’ve been waiting for — including the addition of foreign currency to new reports. Here are some of the highlights and a sneak peek into what’s coming next. Don’t forget, the older versions of our reports will be retired on 31 July 2023. We urge you to start using new reports now , so you have plenty of time to get used to them before the older versions are retired.

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Why Not Use Dynamics GP for Another 10 Years or So?

Fidesic blog

You may have recently heard that Microsoft Dynamics GP and Business Central on-premise will no longer be sold to new customers after 2026. In this post we will discuss the situation with GP and what is possible. We are offering information, not advice. If you need advice on your Dynamics GP future, it's a good idea to check in with your GP consultant.

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5 Advantages of AP Automation with Workday Financial Management

Ascend Software blog

As businesses grow and expand, their financial processes become increasingly complex and time-consuming. To keep up with the demands of day-to-day operations, many organizations turn to Enterprise Resource Planning (ERP) systems like Workday Financial Management to manage their financial data.

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Intuit AI drives taxpayers through TurboTax “Express Lane” experience

Intuit

“Our vision is taxes done for everyone: any way, any time, any tax situation, any device.” Varun Krishna, Executive VP and GM Intuit Consumer Group This year’s tax season is a timely case in point. Intuit is experimenting with a new AI-driven express lane experience for filers of simple tax returns that’s enabling a select group of customers to complete their taxes in as little as 10 minutes with its TurboTax mobile app.

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Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

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.

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Capital Budgeting with NetSuite Explained

Accounting Department

Capital budgeting involves analyzing, evaluating, and prioritizing investment decisions for large-scale projects that typically require significant capital from a business. This could include new office or warehouse space, fixed assets, or real estate. Capital budgeting provides businesses with a way to determine the best use of capital to increase the overall value of a business - a strategy that is useful to businesses of all sizes.

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Introducing Dynamic Prepay Amortization Tracking: Automatic Accounting for AWS Savings Plans and Reserved Instance Prepayment

ProsperOps

Simple, Automatic Amortization Tracking for Prepaid AWS Reserved Instances and Savings Plans AWS Reserved Instances (RIs) and Savings Plans (SPs) have three payment models: No Upfront : where you pay a discounted hourly rate over the term of the commitment, Partial Upfront : where you pay a portion (generally half) of the total value of the commitment upfront and the remaining portion hourly over the term, and All Upfront: where you pay the full amount of the commitment at the time of purchase W

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21 Microsoft Dynamics GP Blogs Worth Checking Out

Fidesic blog

Are you a Microsoft Dynamics GP user, consultant or enthusiast? In this post we are sharing a whole bunch of Microsoft Dynamics GP blogs. These are not ranked or in any particular order. We will include descriptions and links to all.

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AI in Accounts Payable: Revolutionizing Invoice Processing

Ascend Software blog

The world of accounts payable (AP) is undergoing a significant transformation, with artificial intelligence (AI) and machine learning (ML) technologies playing a crucial role in this evolution. Cutting-edge technologies are reshaping accounts payable automation. We will discuss intelligent invoice processing, AP workflow automation, and AI-driven AP solutions.

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Intuit’s Focus on Financial Literacy in 2023

Intuit

It’s April once again, and Intuit is celebrating Financial Literacy Month with a focus on helping students, individuals and small businesses develop financial habits and improve their financial literacy. Named by The World Economic Forum as one of the most critical, durable skills every student needs to succeed, financial literacy helps to prepare people for the jobs of the future, so they can live more successful and prosperous lives.

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Cash Flow, The Lifeblood of a Business

Accounting Department

Cash flow is the lifeblood of any business, and managing it properly is crucial for success. While many businesses focus on generating revenue, it's equally important to maintain positive cash flow to ensure that operations can continue smoothly. In this article, we'll discuss some cash flow best practices that businesses should consider implementing to be more successful.

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Quick Start Guide to a Crystal Clear Close

Did you know automating your month-end close can save up to 40% of the time typically spent on manual reconciliations? CFOs and controllers are leveraging SkyStem's workflow management and reconciliation tool to eliminate costly mistakes, ditch manual reconciliations and close faster. Want to know how they do it? Download our Quick Start Guide to a Crystal Clear Close!

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Getting Started with Cloud FinOps: Top 3 Cloud Cost Optimization Strategies

ProsperOps

optimizations, it’s often more cost-effective—and easier—to implement financial optimizations first. During a recent webinar with the CFO Leadership Council , Matt Shover, VP of Operations & Customer Experience at ProsperOps, explained different strategies companies can use to reduce cloud costs and the best way to prioritize them for maximum “bang for your buck.

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How this plasterer laid the foundations for a booming construction business

Xero

Since he was young, Johnno Green has had a penchant for construction. So one day when a guest speaker at his high school came looking for apprentice plasterers, he knew he’d found his break. Johnno cut his teeth working on residential builds before the Global Financial Crisis hit the housing market (and his employers), forcing a pivot into the commercial sector.

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Microsoft Dynamics GP End Of Life? Not Anytime Soon- Modern Lifecycle & End of Updates

Fidesic blog

(UPDATE) Microsoft has announced new customer sales of Microsoft Dynamics GP will end April 2026. So far nothing changes for existing Dynamics GP users, but beginning three years from now, there will be no new Dynamics GP sales for subscription licensing. New perpetual licensing sales end earlier, in 2025. Again, no change for existing customers. They can continue to purchase new licenses and modules beyond 2026.

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E-Document Compliance for Accounts Payable

Ascend Software blog

Accounts payable (AP) e-document compliance is a topic that has been gaining traction in recent years. As businesses continue to move towards digitalization and automation, ensuring compliance with e-document regulations is becoming increasingly important. In this article, we will explore the latest news and developments in AP e-document compliance with focus on France and Spain.

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The Definitive Guide to Spend Management

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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Inclusive design: Indigenous ties inspire new Toronto workplace

Intuit

Diversity, equity and inclusion (DEI) leaders all have something in common: inclusion is part of their operational DNA and central to the behaviors they model across the organization. The responsibility to create a more equitable and inclusive world belongs to everyone. DEI is foundational to our company and explicit in our values. It’s a sustained effort, and exemplified through everything we do – not just when the calendar or trending topics remind us of this commitment.

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Reducing the Woes of Supply Chain Management with NetSuite

Accounting Department

Supply chain management deals with areas of procurement, operations, logistics, marketing channels, and more so that businesses can simply operate and deliver within their industry. For companies of all sizes, an enterprise resource planning (ERP) system like NetSuite will help with efficiently managing supply chain activities that turn raw materials into finished products for its customers.

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Getting Started with Cloud FinOps: Top 3 Cloud Cost Optimization Strategies

ProsperOps

Your cloud costs are too high. Given a myriad of methods and tools for optimizing cloud costs, where do you start and where can you save the most? While many organizations prioritize engineering optimizations, it’s often more cost-effective—and easier—to implement financial optimizations first. During a recent webinar with the CFO Leadership Council , Matt Shover, VP of Operations & Customer Experience at ProsperOps, explained different strategies companies can use to reduce cloud costs and

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How apps can make it simple to take climate action in your business

Xero

More and more businesses are focusing on sustainability, and for good reason. Not only do many small business owners personally feel it’s important to play a role in protecting the environment, doing so is proven to have a positive impact on their bottom line. We understand that taking the first steps toward sustainability in your business can feel overwhelming.

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Navigating Financial Storms: Strategies for Building Resilient Balance Sheets

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.

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Directions NA 2023 Recap

Fidesic blog

Directions North America is a conference for Microsoft Partners by Microsoft Partners. In preperation of this major event in the Dynamics Community, Fidesic hosted a series of Live Streams on LinkedIn. Let's recap.

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Transform Healthcare Accounts Payable with AP Automation Solutions

Ascend Software blog

Struggling with time-consuming and inefficient accounts payable processes in your healthcare organization? Dive into this comprehensive blog post to learn how healthcare AP automation can help streamline invoice processing, reduce costs, and enhance patient care, offering valuable solutions to your AP challenges. Choosing the right solution can provide performance similar to that of OU Health.

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Building Inclusion: Empowering confidence through religious accommodations

Intuit

Religion is often perceived as an off-limits topic for workplace discussion. At Intuit, we want to create an environment where our employees can feel comfortable talking about the things that are important to them, including what they believe. Our aim is to be respectful of people’s choices and support their practices. We have two faith-based employee resource groups (ERGs) that provide a community for their members while also offering valuable insight into the needs of our employees and how we

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Opportunity Cost Defined

Accounting Department

Opportunity cost is a concept in business that refers to the value of the best alternative forgone in order to pursue a certain action or decision. It is a crucial element to consider when evaluating the benefits and drawbacks of various options, particularly in business.

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Putting the ‘Tech’ in Spend Management Techniques

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!

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Swift Payment

Tipalti

Navigate SWIFT payments confidently with our step-by-step guide. Get ready to make fast, secure, and accurate cross-border payments using the SWIFT payment system.

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Why we’re making changes to Xero search

Xero

Over the next couple of weeks, we’ll be rolling out some changes to the search function in Xero. The functionality will stay the same, but you’ll notice it looks a little different. Like many of the changes we’ve rolled out across our platform lately, this is part of our commitment to ‘ Building on Beautiful ’ — which is about continuously making changes in Xero so we can stay ahead of the latest technologies, standards and ways of working in your business or practice.

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20 Microsoft Dynamics GP Blogs Worth Checking Out

Fidesic blog

Are you a Microsoft Dynamics GP user, consultant or enthusiast? In this post we are sharing a whole bunch of Microsoft Dynamics GP blogs. These are not ranked or in any particular order. We will include descriptions and links to all.

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Cloud Atlas, Episode 1: The Cloud Gathers

CloudZero

Just about everything you interact with digitally is enabled by the cloud. Whether you’re doom-scrolling on Instagram, binge-watching on Netflix, ride-hailing on Uber, or downloading super-cool cloud podcasts (hint, hint) on Spotify, you’re using the cloud.

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Book of Secrets for the Month-End Close

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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Intuit Again: a pathway back to the workforce

Intuit

When Sebanti Sanyal’s toddler was struggling with severe allergies and respiratory issues, she decided to step back from her career to care for her young daughter full time. Then, when the pandemic hit, she took an additional two years away before returning to her engineering career through our Intuit Again returnship program in September 2022. Intuit Again provides a supportive pathway back into the workforce after taking a career break for caregiving purposes, including the opportunity for ret

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Keep Vendors Happily Paid with Tipalti

Accounting Department

Growth comes for businesses sometimes when least expected and it could easily catch them off guard and unprepared when the company still has manual processes in place.

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Customizing the Icon Bar in QuickBooks Desktop

Insightful Accountant

Check out some of the cool customization features you can use with the icon bar, complements of internationally renowned ProAdvisor Esther Friedberg Karp.

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How small businesses can use the power of embedded finance

Xero

It wasn’t that long ago that you needed to take out a credit card and enter the number every time you wanted to pay for something online. Today, you can instantly complete purchases in a few clicks, like Amazon’s ‘buy now’ express button. This is an early example of embedded finance — one of the top fintech trends that is changing the way people use and move money.

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Best Practices to Ace Your Close

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Whether you’re on a 1-day close or a 10-day close, there are some fundamental commonalities that all strong accounting departments share when it comes to the month-end close. Please join us for an informative webinar where we share best practices that your team can implement today to ace your close! 1 CPE credit will be provided for qualifying participants.