Sat.Nov 12, 2022 - Fri.Nov 18, 2022

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It’s time small businesses get the support they need to thrive

Xero

Today, we presented our “ Small business. Big opportunity ” manifesto to the UK Government. In this report, we’ve made some crucial recommendations to deliver meaningful policy support to small businesses – the backbone of our economy. . At Xero, we understand the challenges our small business customers and accounting and bookkeeping partners face. And I’ve met many of you who’ve told me your worries.

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Looking to Improve Productivity and Efficiency? Automate.

Accounting Department

For many businesses, sudden bursts of growth may sometimes come at times that business owners least expect. Companies can go from small offices to corporate buildings and small commercial buildings to giant warehouses, but being prepared to do so is what makes the difference between growing and growing pains.

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Accountants aid clients struggling with inflation

Accounting Today

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How to onboard your accounting firm and clients to Plooto

Plooto

Thank you for choosing Plooto for your AP/AR automation needs. Plooto’s payment processing features have helped many accounting firms like yours automate their payment processing , cut costs, and save time for themselves and their clients.

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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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Changes are coming to auto super in Xero Payroll: What you need to know

Xero

From late November 2022, we’re introducing a new safety measure for automatic superannuation (auto super) payments within Xero Payroll. This requirement will see new and existing customers connect an active bank feed to their registered auto super account. . Why? With this added layer of protection, we’re working to provide a safer way for you to process these payments to your employees.

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Remember These Tips When Outsourcing

Accounting Department

Outsourcing your accounting to a third-party service provider is a great idea for any business owner. However, when searching for the right fit for your company, consider these points so that you choose the best option for you.

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Are We There Yet? How To Know When You’ve Got Deep Enough Cloud Cost Metrics

CloudZero

In Part I of this two-part series, I talked about the key benefits of top-down cost allocation : It starts at the provider level, incorporates every penny of your cloud spend, and lets you break it down at as granular a level as is useful for your business. In Part II, I answer the most common follow-up question I get: “How does my organization know when we’ve got deep enough granularity?

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Hubdoc can now detect credit notes automatically

Xero

Hubdoc is one of our most advanced tools to capture bills and receipts, get the data into Xero and easily reconcile the transaction. We’re always looking for ways to automate this process, to help you become more efficient in your business or practice. Recently, we announced a new feature that automatically matches the contact in Hubdoc with the contact in Xero or QuickBooks Online, so you don’t need to fill in the details.

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Top Tips to Automate Collections on Sage Intacct

Gaviti

Receivables collection is one of the most critical functions of any business, but it can also become one of the most stressful. Companies can reduce many overwhelming and monotonous aspects of collections via automation. Sage Intacct streamlines collections tasks but automation alone is not enough. How companies implement automation also makes a difference.

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Audit partners expect to see inflation ease in 2023

Accounting Today

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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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Amazon EC2 Pricing Explained: An EC2 Cost Guide For 2023

CloudZero

A good chunk of your Amazon Web Services (AWS) public cloud spending goes to the Amazon Elastic Compute Cloud (Amazon EC2) service. Because it is the default compute service on AWS, Amazon EC2 is key to building, running, and scaling your AWS-based applications.

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Xero establishes a technology base in India

Xero

I’m excited to share that we’re establishing a Xero base in India, where there is deep technical talent, to enhance our existing hiring and development programs for technology roles. . Through a strategic partnership with Infosys , a global digital services and consulting company, we’re setting up a Xero-managed centre of technical talent at an Infosys campus in India. .

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How to Create Harmony Between SaaS Finance and Sales

Sage Intacct

In a recession , it’s only natural for different departments within a company to be at odds with one another. Stressors are increased. As a SaaS CFO, you have your pet projects and personal vision for the company’s financial future. Well, all the other department heads have theirs too, and they don’t always align.

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KPMG finds hybrid work helps with DEI efforts

Accounting Today

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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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Cloud Cost Takes Centerstage: How Airbnb, Netflix, And Twitter Plan To Optimize

CloudZero

Amid the first bear market in over a decade, the world’s largest companies are facing intense pressure to cut back.

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Five tips from this year’s #XeroCertified quarterly product updates

Xero

If you’re one of our #XeroCertified partners, then you already know the benefit of being certified is that it’s proof to your clients that when you say you’re an expert in Xero — you really mean it! You also know that the quarterly product updates are a great way to stay informed about changes and how you can get the most out of Xero. Read on for five tips for Xero partners, shared by Xero partners, that featured in the 2022 quarterly product updates.

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Singular improves price-to-performance ratio by 35% in just a few days with AWS Graviton2

AWS FinOps

Singular is a marketing data platform that empowers businesses by driving growth with unified marketing data, intelligent insights, and automation. It has over 950 virtual servers, 8 Kubernetes clusters, and 5 petabytes of raw data in its AWS environments. To deliver the most accurate, timely, and actionable cross-platform analytics to its customers, Singular processes 15 billion real-time events and 5 million batch processing jobs per day, across 3 AWS Regions, and additional on-premises resour

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Election aftermath: Compromise or deadlock

Accounting Today

Tax 263
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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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Peloton Co-Founder Wants You to IPO on QuickBooks

Earmark Accounting Podcast

Thanks to our sponsor, Avise! [link] Sign up to get free CPE for listening to this podcast [link] Download the Earmark CPE App Apple: [link] Android: [link] Connect with Graham Stanton LinkedIn: [link] Learn more about Avise: [link] Connect with Blake Oliver, CPA LinkedIn: [link] Twitter: [link] Graham Stanton ran accounting and finance at Peloton.

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Apps to help solve four common small business pain points

Xero

Apps can help automate your admin, generate insights, manage your day-to-day operations and give you access to deep analytics for smarter business decisions. Here are some of the most popular apps in the Xero App Store that integrate with Xero to help tackle some common business challenges. . 1. Getting paid quickly. In business, cash flow is key.

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TurboTax LIVE for S Corp Pricing Revealed

Cloud Accounting Podcast

Sponsors OnPay - [link] FreshBooks - [link] Liscio - [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] RSVP for the Cloud Accounting Podcast Party! DECEMBER 7TH 7 PM to 9 PM Chandelier Lounge Cosmopolitan Hotel Las Vegas [link] Show Notes RSVP for the Cloud Accounting Podcast Party DECEMBER 7TH 7 PM to 9 PM Chandelier Lounge Cosmopolitan Hotel Las Vegas [link] 1:55 – r/Accounting - Happy International Accounting Day

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The death of the spreadsheet is gravely exaggerated

Accounting Today

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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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The AWS re:Invent 2022 Study Guide for Thought Leaders

CloudCheckr

It’s the most wonderful time of the year: AWS re:Invent is back for 2022! AWS re:Invent is the largest global conference with a focus on cloud computing. Hosted by cloud provider Amazon Web Services, AWS re:Invent is in its eleventh year and will take place from November 28 to December 2, in Las Vegas, Nevada. Previous re:Invent conferences have included tens of thousands of attendees, making it the must-attend event for cloud practitioners of all skill levels.

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How we’re creating a single source of truth for your client data

Xero

If you’re an accountant or bookkeeper, you’ll know that having consistent information across your practice management tools is vital. That’s why we’re working hard to create a single source of truth for your client data across Xero Practice Manager (XPM), Xero HQ and Xero Tax. Here’s why it’s so important to us, and what changes you can expect to see soon.

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The State of Accounts Payable in Retail: A Deep Dive

MineralTree

The pandemic caused a perfect storm for retail. Customer behavior changed overnight, surging demand for online purchases while supply chain disruptions led to fulfillment delays and empty shelves. Unfortunately, at the same time, the great resignation left many retailers short-staffed, forcing them to do more with less. The ripple effects from the pandemic – as well as lessons learned – will continue to impact retail for the foreseeable future.

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Get back your passion for your firm

Accounting Today

Tax 256
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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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Accounting CRM Software: The 13 Best for Your Firm

Future Firm

Every accounting firm owner knows that customer relationship management (CRM) is essential to success. Fortunately, there’s a lot of excellent software available right now that will help you stay on top of your game. In this blog post, I will discuss 13 of the best accounting CRM software options on the market that you can use today. We’ll go over what each tool offers and some of its pros and cons.

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New Zealand Xero Awards 2022: Congratulations to our winners

Xero

Last week, I was incredibly excited to co-host the New Zealand Xero Awards 2022 for the first time. It was a special night to celebrate and honor the admirable mahi of our accounting and bookkeeping partners. . It was awesome to be able to bring everyone together in person again, and I loved seeing the buzz in the room as our partners reconnected with one another and cheered each other on. .

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How to Track Changes in Xero with Dext Precision

Dext

We’re sure you know how challenging it can be to identify historical changes in Xero. Fortunately, Dext Precision makes that process a whole lot easier. A common problem As an accountant, you’ll know the demands of regular reporting on the financial accounts of a business.

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Tax Fraud Blotter: Incompetent, negligent or reckless

Accounting Today

Tax 255
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Global Accounting Principles and Commission Capitalization

Speaker: Ryan Dillard, Chief of Staff Director at CBIZ ARC Consulting LLC; Kelly Hicks, Global Controller at Airbase

ASC 606 is the revenue recognition standard that sets global accounting principles for all private or public companies that enter sales agreements or contracts with customers. Along with ASC 606, ASC 340-40 was added to address accounting costs to obtain a contact and costs to fulfill a contract. Join us for this webinar when Airbase Controller Kelly Hicks and Ryan Dillard, a Director at CBIZ ARC Consulting explore how to approach capitalizing sales commissions under ASC 340-40.