September, 2022

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Changes to multi-factor authentication are coming for Australian customers

Xero

Over the last few years, our lives – and businesses across the world – have moved online at a rapid pace. Unfortunately, cybercriminals have followed and are using new, digital methods to target Australians. At Xero, we are custodians of your data and do all we can to protect the information held in your account. One of the ways we do this is through multi-factor authentication (MFA), a process designed to secure how you log in to Xero and verify it’s really you.

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Why AI could be a financial director's best friend during busy season

Accounting Today

Auditing 363
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How to get copies of your Facebook receipts

The Savvy Bookkeeping Blog

Using Facebook ads is a popular way to market your business. Being relatively new to creating paid Facebook ads, I do find that a lot of my time and energy is spent on coming up with the marketing material and then navigating my way around Facebook Ads Manager (Arghh, so many decisions.

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Want to Survive the Recession? Focus On These SaaS Metrics

Sage Intacct

Surviving and thriving in business regardless of external financial conditions might sound too good to be true. SaaS is a highly competitive industry, and even the top players in the market can have their good fortune reversed if they aren’t constantly vigilant.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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.

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25+ Kubernetes Tools For 2022: The Best K8s Tools By Category

CloudZero

Over the past few years, Kubernetes (K8s) has become the preferred method of orchestrating containers and microservices. Its self-healing, high scalability, and open-source nature make it appealing to a wide range of users.

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Gaining Customer Awareness for Your New Business

SMB Accounting and Consulting

As a new business owner one of your first priorities is to get the word out about your company. Grassroots marketing can be a low-cost but effective way to gain a large amount of exposure to locally owned businesses or other specific audiences. Grassroots marketing involves narrowing the type of customer and making your business known to those customers you’re hoping to attain.

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IRS continued to delay business tax refunds from pandemic

Accounting Today

Tax 330
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The Emergency Mini Budget Breakdown

Dext

The Emergency Mini Budget, termed as ‘the Growth Plan’, was announced on 23rd September 2022 and it included many important updates. The announcements touched upon several areas including Business taxes and schemes, Personal taxes, Investment zones, SDLT and much more.

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Financial Planning and Analysis (FP&A) Strategies for SaaS CFOs During a Recession

Sage Intacct

For SaaS CFOs, one set of letters eclipses almost all others in importance: FP&A. Financial planning and analysis is the bread and butter of any successful SaaS company. It's vital at all times, but it becomes even more so during a market correction like the one we're currently experiencing.

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25 Azure Monitoring Tools And Best Practices For 2022

CloudZero

Microsoft Azure is the most popular cloud computing platform after Amazon Web Services (AWS). With over 200 services and resources available, there are plenty of ways to use Azure. This means the Azure public cloud allows for hundreds, if not thousands, of unique configurations.

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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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Fintech Payment Companies: What the Best Ones Have in Common

FundThrough

Fintech payment companies provide services such as credit card payments, e-commerce checkout, mobile wallets, and other financial transactions. They also offer merchant accounts and other tools to help businesses accept payments. As the global economy continues to evolve, fintech payment companies are becoming increasingly vital to the success of businesses of all stripes and sizes. […].

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Cash flow crunch: The red flags impacting small business cash flow

Xero

It’s so fantastic to bring Xerocon back to Sydney. Having the opportunity to meet and connect with partners from Australia, New Zealand and Asia has been really great – and we’re only just getting started! I’m looking forward to two full days of keynotes, breakouts and partner sessions – and, of course, the Xerocon wrap party at Luna Park! . Today, I am thrilled to launch part two of our Xero Small Business Insights special report Crunch: Cash flow challenges facing small businesses.

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IRS says improperly forgiven PPP loans are taxable

Accounting Today

Tax 323
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The Complete Guide to Cross-Border Payments and AP Automation

AvidXchange

Companies that pay suppliers abroad can leverage accounts payable (AP) automation to complete both domestic and cross-border payments in one place, decreasing the time and money spent on payment processing. In this blog, you will learn about cross-border payments including its history, definition and the benefits it can provide organizations. What are cross-border payments?

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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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Give Your Executive Team the Metrics They Need to Succeed

Sage Intacct

CFOs should use metrics to intelligently shape and inform their strategies regardless of their industry. But when your industry moves at breakneck speeds as it does for SaaS companies, the metrics, and your visibility around them, become more than helpful. They become indispensable to creating a shared consciousness on the direction of the business.

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8 Steps To Take Before You Can Start Forecasting Cloud Costs

CloudZero

Accurate, fair budgets make everyone in the company happy. Engineers love when they can build products that make the company money, executives enjoy seeing nice, wide margins, and finance departments celebrate when everything goes according to plan.

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FundThrough places No. 159 on The Globe and Mail’s fourth-annual ranking of Canada’s Top Growing Companies

FundThrough

Toronto, ON – September 23, 2022 FundThrough is pleased to announce it placed No. 159 on the 2022 Report on Business ranking of Canada’s Top Growing Companies. Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth. FundThrough earned its spot with three-year growth of 285%. “We’re excited and honored to be included for […].

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Procore + Xero: Building a new platform partnership to help digitalize construction

Xero

As we scale our small business platform, we are always looking at ways we can work with like-minded partners to deliver best-in-class cloud tools to our customers. This is all part of the work we are doing to build out the Xero platform, catering to the industry specific needs of our customers. Speaking of building, I’m proud to announce our new partnership with Procore , connecting their industry leading construction platform into Xero. .

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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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Colorado now accepts crypto for taxes

Accounting Today

Tax 319
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15 Undeniable Reasons to Love Bookkeeping for a Hotel

SLC Bookkeeping

The pulse of the hotel industry is customer satisfaction and repeat business. Hotel owners and managers focus all of their efforts on meeting these two goals and everything else becomes less important. Of course, there is a long list of ways that customers become satisfied and keep coming back. This equates to a continuous, day-to-day, sometimes moment-by-moment excellent performance which keeps everyone super busy.

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Fundraising Tips and Best Practices for SaaS CFOs

Sage Intacct

Reliably securing funding is an indispensable component of any SaaS CFO's job. And now that the SaaS market has begun to follow suit with the broader economic trouble brewing at the moment, this is more true than ever.

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The Right Car (Or Cloud Service) For Your Family (Or Work) Adventures

CloudZero

Managing gas bills has a lot in common with managing cloud spend. In the summer, our gas bill increased with our summer adventures. Sitting home with the kids out of school and the warm summer months was not an option.

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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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How to Catch Up on Your Bookkeeping

FundThrough

Although we offer a Catch Up Bookkeeping Service here at Bench, we know that some business owners prefer to tackle overdue bookkeeping on their own. Here’s a step-by-step process you can use to plow through your bookkeeping backlog in no time. Step 1: Gather your receipts First, collect all of the receipts and invoices […]. The post How to Catch Up on Your Bookkeeping appeared first on FundThrough.

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Partnering with Cogo to help small businesses take positive climate action

Xero

Part of Xero’s approach to sustainability includes helping our partners, customers and other small businesses on their sustainability journey, by providing education and resources about how to operate in socially and environmentally responsible ways. We’ve heard from small businesses that they want to operate more sustainably, but many don’t know where to start.

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SEC advisory committee recommends revamp of FASB

Accounting Today

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5 Traits of a Great Cloud-Based Payroll Provider

dynavistics

Achieving Operational Excellence : Moving Payroll to the Cloud with a great Provider. As you begin to evaluate various cloud-based payroll providers, there are several considerations to keep in mind.

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Your New & Improved Month-End Close Process Is Not So Far Out of Reach!

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!

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How to Close 80% Faster: What Every SaaS Controller Should Know

Sage Intacct

Can you guess three of the most essential words in any SaaS Controller's vocabulary? If you guessed "monthly close cycle," you were right on track. Staying on top of your monthly close is one of the most important aspects of keeping your department running like a well-oiled machine.

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20+ Google Cloud Monitoring Tools And Best Practices For 2022

CloudZero

Google Cloud Platform (GCP) offers a great alternative to Amazon Web Services (AWS) and Microsoft Azure. In case you use Google Products extensively at work, such as Google Workspace, moving to GCP may be a natural choice too.

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Survey Uncovers Top Priorities for HOA Management Firms

AvidXchange

The homeowners association (HOA) and community association management (CAM) industry has seen significant changes since the start of the COVID-19 pandemic. Many associations have faced staffing challenges, resulting in a need to create efficiencies due to limited employees. According to the 2022 CINC Systems State of the Industry report , overload and burnout are frequent topics of discussion in the HOA industry.

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Getting small businesses ‘finance ready’

Xero

One of the greatest challenges for small businesses is accessing capital when they need it most. My experience has shown this is a complex problem to solve and one I believe businesses, accountants and lenders must all solve together. So I was excited to host a panel discussion at Xerocon London with three experts to understand how small businesses can feel supported on their finance journey. .

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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.