May, 2025

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Master Financial Success: Strategic Planning for SMB Growth

Accounting Department

Running a small to medium-sized business (SMB) comes with its own set of challenges and rewards. One of the most pivotal aspects of ensuring your business's success is strategic financial planning. While it might seem daunting, mastering this process can propel your business growth and profitability to new heights. This blog post will walk you through the critical steps in strategic financial planning tailored specifically for SMB owners.

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IRS leveraging AI for audits amid layoffs

Accounting Today

The Internal Revenue Service is expected to lean more heavily on artificial intelligence technology to select cases as it carries out widespread layoffs.

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AI-powered experiences take ‌center stage at Intuit’s Global Engineering Days

Intuit

Intuits Global Engineering Days (GED) is a weeklong code-a-thon that brings together Intuit technologists from all corners of the globe twice a year for a festival of innovation. Engineers, product managers, and designers form teams to work on projects of their choosinga new idea for propelling business growth, addressing customer pain points, or streamlining work for each other.

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Introducing Pay by Bank for UK Small businesses: More payment options, healthier cash flow

Xero

Late payments pose a significant hurdle for small businesses, frequently disrupting cash flow and complicating the management of daily operations. Recognising this challenge, we’re dedicated to helping you receive payments more efficiently by expanding your payment options. Building on our existing support for credit cards, debit cards, Apple Pay, and Google Pay, we’re excited to announce the addition of Pay by Bank.

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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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Accountants need to transform in the face of AI

Accounting Today

The growing capabilities of artificial intelligence mean the profession can't afford to be complacent, one expert says.

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Dynamics GP Reconcile to GL - Save Time at Month-End in Accounts Payable

Fidesic blog

Did you know Microsoft Dynamics GP includes a powerful feature that can significantly reduce the time and effort required to reconcile your Accounts Payable subledger with your General Ledger? In this post we will tell you about Great Plains' Reconcile to GL tool, how to use it and the how it helps AP teams reduce month-end stress.

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FinOps Foundation Adds New Premier Members Reflecting the Expanded Practice

FinOps Foundation

New Premier Members Including American Express, NVIDIA, AMD, ServiceNow and Snowflake Reflect the Expanding FinOps Practices, and will gather in San Diego at FinOps X

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Time is money. Small business moves fast. Payments should too.

Intuit

Small businesses are facing a confluence of challenges: persistent inflation, ongoing labor shortages, and the rising costs of goods. In difficult macroeconomic conditions, efficiency and access to capital are more critical than ever. Policymakers have an opportunity to provide small business owners with a much-needed boost by modernizing the very infrastructure that underpins how businesses get paid.

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2025 Xero US Roadshow: What You Need to Know

Xero

The 2025 Xero US Roadshow is set to deliver a day packed with innovation, networking, and inspiration. Let’s explore what’s on the agenda and why you should care. Spotlighting Innovation: AI and Advisory Services The accounting industry isn’t what it used to be; it’s smarter, faster, and more efficient, thanks to AI and advisory services.

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The highest paid jobs in corporate accounting

Accounting Today

The average annual salary for the six highest paid positions in corporate accounting is $193,722, according to data from Surgent.

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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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Choosing the Right AP Automation Strategy Inside Workday: A Framework for Modern Teams

Ascend Software blog

As finance teams evolve, the way they approach accounts payable (AP) automation is shiftingfrom standalone tools to integrated strategies. In Workday environments, this shift is even more pronounced. Choosing the right AP automation path isnt just about software features; its about making ecosystem-aligned decisions that elevate performance without complicating your tech stack.

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5 Signs It’s Time to Outsource Your Business Accounting

Accounting Department

Running a business means wearing many hats, but as your company grows, certain tasks become too difficult to manage in-house. One of the most challenging areas for growing businesses is accounting. Between compliance, financial reporting, and keeping the books clean, managing finances in-house can quickly shift from practical to overwhelming.

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How To Grow Your Bookkeeping Firm with Confidence & Efficiency

The Successful Bookkeeper

Success in bookkeeping isnt just about knowing the numbersits about confidence, efficiency, and a clear strategy for growth. Many bookkeepers struggle to take their business to the next level because they lack structured systems, effective marketing, or a long-term vision. To build a thriving bookkeeping firm, you need to focus on four key areas.

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Protected: The Top 50 Modern Accounting Firms of 2025

Future Firm

There is no excerpt because this is a protected post. The post Protected: The Top 50 Modern Accounting Firms of 2025 appeared first on Future Firm.

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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.

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Half of Australians fear making a mistake on their tax return this year

Xero

If the thought of lodging your tax return makes your palms sweaty and you find yourself procrastinating to avoid the inevitable, youre not alone. Xeros latest research has found nearly three quarters of Australians are worried or anxious about tax time this year. This end of financial year (EOFY), we wanted to uncover the universal challenges that Aussies face and common knowledge gaps when it comes to tax time, and provide easy-to-understand information to reduce confusion and anxiety at this t

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PwC lays off 1,500 in U.S.

Accounting Today

The job cuts amount to about 2% of PricewaterhouseCoopers' U.S. workforce of approximately 75,000 employees.

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Built for Complexity: Why True AP Automation Starts with the Right Architecture

Ascend Software blog

In a space filled with buzzwords like "intelligent automation" and "AI-powered workflows," it's easy to lose sight of what actually makes great software workespecially in enterprise environments with massive invoice volume, strict compliance needs, and cross-departmental complexity.

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Teacher Pay Rises: How to Fund the 1%

Compleatable

Understanding the Pay Boost and Its Financial Ripple Effects The UK government’s recent announcement of a 4% pay increase for teachers in England, effective from September 2025, marks a significant step towards recognising the contributions of educators. This decision, aligning with recommendations from the School Teachers Review Body (STRB), aims to elevate the median salary for classroom teachers to over 51,000 annually.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. 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 (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). 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.

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6 Tips for Financial Planning for Retirement from Your Business 

Nolan Accounting Center

Youve successfully operated your small business for years. Its likely been your brainchild and your dream. But now, its time to retire. For business owners who make the difficult retirement decision, it is critical to approach financial planning for retirement as far in advance as possible, with plenty of due diligence and with professional assistance.

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Recognizing Our Military Spouses: Happy 2025 MilSpouse Appreciation Day!

Accounting Department

Our AccountingDepartment.com family is proud of its vibrant and diverse cast of characterswe span the country with our team members coming from all backgrounds and personalities. Included among our team are some amazing Military Spouses whose hard work, dedication, and contributions are part of what makes our family so strong, and theirs as well.

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New report: Going digital in 2025 – The economic benefits of digital tools

Xero

If youre a small business owner, accountant or bookkeeper, you already know how crucial it is to stay ahead in a competitive and ever-changing digital environment. A new report from Xero, in partnership with the New Zealand Institute of Economic Research (NZIER), highlights the productivity gains Kiwi small- and medium-size enterprises (SMEs) stand to gain through accelerated digitalisation: According to the report, boosting digital adoption across New Zealands small businesses could contribute

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House tax bill includes provision eliminating PCAOB

Accounting Today

The far-reaching legislation would transfer the responsibilities of the Public Company Accounting Oversight Board to the Securities and Exchange Commission.

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How To Overcome Change Fatigue In Finance With Neuroscience-Backed Strategies

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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AI Is Not the Enemy of Finance—It’s the Next Evolution of Accuracy

Ascend Software blog

Discover how AI can enhance control, accuracy, and efficiency in finance operationsnot replace them. Learn how Ascend uses AI to scale best practices, reduce manual work, and build trust in automation for AP and finance teams.

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Smarter Spending & Budget Control with Advanced AP Automation for Charities

Compleatable

Watch: Smarter Spending & Budget Control with Advanced AP Automation for Charities Fill in the form to access the on-demand recording of our webinar session looking specifically at how UK Charities are saving time and money with smarter AP automation. Name Work Email Address Job Title Watch the video Watch: Smarter Spending & Budget Control with Advanced AP Automation for Charities The post Smarter Spending & Budget Control with Advanced AP Automation for Charities first appeared on

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How AI-Powered Cash Application Helps to Reduce Costs and Improve Accuracy

Gaviti

In todays dynamic financial environment, businesses are turning to intelligent automation to streamline their operations and improve efficiency. One such area experiencing a significant transformation is cash application. Traditional cash application processes often suffer from delays, manual errors, and inefficiencies that can negatively impact a companys cash flow.

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ADC Attends The 2025 CEO Coaching Make BIG Happen Summit

Accounting Department

Last week, AccountingDepartment.com Business Development Representative, Shawn Marcum hit the road and attended the CEO Coaching Make BIG Happen Summit in Miami, FL.

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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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5 Costly Bookkeeping Mistakes Murrieta Business Owners Should Avoid

Stephanie Peterson

By Stephanie Peterson, Superior Virtual Bookkeeping LLCServing Murrieta, Temecula, Wildomar, Menifee, and Surrounding AreasRunning a business in Murrieta or nearby cities like Temecula, Wildomar, or Menifee means wearing many hatsbut one role that cant afford mistakes is bookkeeping. As a local business owner, your books are the backbone of your financial health.

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Fastest-growing firms spend double on marketing

Accounting Today

The fastest-growing accounting firms spend twice as much on their marketing budget than all other firms, an AAM study finds.

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Xero Asia Awards 2025: Another year of celebrating our partners

Xero

Its that time of year again when we celebrate the excellence of our partners with the Xero Asia Awards 2025 edition! Were constantly in awe of the tireless hard work that our accounting and bookkeeping partners do. This past year has not been an easy one – but even in such an unpredictable and dynamic business environment, our partners continue to show up day in and day out, providing much needed support for small businesses across the region.

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Are Rising National Insurance Costs Putting Quality Care at Risk?

Compleatable

A Wake-Up Call for the Sector If you’re leading the finances or operations of a hospice or care home, you’ve probably already felt the tightening on budgets. The recent news that at least five Scottish care homes have shut their doors, partly due to a hike in National Insurance, is more than just concerning, its a sign of deeper issues that demand attention.

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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.