Xero
DECEMBER 6, 2023
The past year has been a bumpy ride for many. Most owners have been focused on maintaining cash flow, as they deal with the combination of rising costs and a limited capacity to lift their prices as customers become increasingly scarce. As 2024 approaches, it’s a good time for small business owners to think about business planning for the next 12 months.
Accounting Department
DECEMBER 5, 2023
In the fast-paced world of business, understanding the reasons behind changes in financial data is crucial for making informed decisions. That's where variance analysis comes in. Also known as flux analysis, this powerful tool compares two sets of data, revealing the quantitative difference between them and shedding light on the underlying factors behind the change.
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Fidesic blog
DECEMBER 5, 2023
ACH payments are a safe way to pay vendor invoices and employee payroll. According to data from NACHA fewer than 0.03% of ACH transactions are returned as unauthorized. ACH remains the preferred payment method for accounts payable departments to pay their vendors. ACH payments grew to 26.8 billion transactions in 2020 (a 8.2% YOY increase) according to NACHA , the organization that oversees ACH activity.
Intuit
DECEMBER 7, 2023
Working with a mentor can be a powerful way to build your skills, advance your career, and develop a strong professional network. But what’s the best way to go about it? When you make a connection with a role model with time and insights to share, how do you get the most from the opportunity? In our last blog, we talked about why mentorship matters.
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.
Accounting Today
DECEMBER 5, 2023
The Internal Revenue Service crime unit that played a leading role in the Binance Holdings Ltd. probe is seeing a surge in cases involving crypto-related tax evasion.
Xero
DECEMBER 6, 2023
As we wrap up the 2023 Xero New Zealand’s Roadshow , we want to reflect on the success of what was our largest Roadshow in the Asia-Pacific region. Starting in Dunedin this October, we travelled across Aotearoa New Zealand, making stops in Christchurch, Wellington, and Hamilton, before finishing in Auckland; amounting to 10 hours and 30 minutes travelled by each Roadshow member.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Intuit
DECEMBER 6, 2023
Alvin Clavon knows how to navigate the often-twisty roads of life. After college, Alvin secured a job on a TV production set with a cross-country move to a promising career in Hollywood. Alvin quickly learned his first professional lesson: always get an offer in writing. Once in L.A., the deal was off and Alvin found himself looking for work in a hard-to-navigate Hollywood scene. “If I had to describe my journey, it’s been one of searching.
Accounting Today
DECEMBER 4, 2023
The Internal Revenue Service needs to do a better job of keeping track of employees who are arrested by law enforcement and notifying their colleagues, according to a new report.
Accounting Department
DECEMBER 7, 2023
Last week, AccountingDepartment.com Co-Founder, Bill Gerber, and Business Development Representative, Shawn Marcum hit the road and attended the Genius Network Annual Event in Scottsdale, AZ.
Fidesic blog
DECEMBER 5, 2023
Digital payments saw a major increase in recent years as remote work becomes more common. Both ACH and wire transfers move funds from one bank account to another, but there are key differences. Let's start with defining each and then we will compare Wire Transfer vs ACH Transfer.
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.
Xero
DECEMBER 4, 2023
It’s no secret that businesses are always looking for ways to work smarter and faster. In fact, according to a recent survey of finance professionals commissioned by Avalara , 71% are investing in more tools and solutions to close overall efficiency gaps. When it comes to manual tasks, there are few that are more burdensome than sales tax. There are more than 13,000 jurisdictions across the US, so sifting through them all and making sure you’re selecting the right ones for your business can be a
Accounting Today
DECEMBER 4, 2023
Kande has been the firm's global advisory leader since 2019 and also currently serves as co-leader of the U.S. Consulting Solutions side, where he has been involved in the firm's artificial intelligence efforts.
ProsperOps
DECEMBER 7, 2023
Cloud computing and Amazon Web Services (AWS) can be daunting. The technical jargon and growing array of AWS services can take time to master, and for newcomers, a clear structure helps the material stick. Enter the AWS Certified Cloud Practitioner certification—the first and fastest step to understanding and working with AWS. AWS offers 12 certifications across four levels: foundational, associate, professional, and specialty.
Fidesic blog
DECEMBER 5, 2023
Why Performance and Productivity Increase when you Modernize Office Décor Let's face it, offices have changed dramatically in the last few years. Since many leaders are already re-imagining their office setups, now is the perfect time to reboot and modernize office décor and design. In this post we will look at 5 data-prove n new office interior design ideas to modernize office and boost productivity.
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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.
FinOps in Practice
DECEMBER 7, 2023
In this article, we describe the block of the scheme, devoted to project initiation, or project initialization. Please, find the whole scheme, which describes key MLOps processes here. The main parts of the scheme are horizontal blocks, inside of which the procedural aspects of MLOps are described. Each of them is designed to solve specific tasks within the framework of ensuring the uninterrupted operation of the company’s ML services.
Accounting Today
DECEMBER 7, 2023
The Securities and Exchange Commission's chief accountant cautioned auditors and public companies about the statement of cash flows after spotting problems that could lead to a financial restatement.
ProsperOps
DECEMBER 7, 2023
Amazon Web Services (AWS) offers robust solutions that power millions of businesses. Yet, navigating the AWS ecosystem is not without its challenges. Customers often grapple with labor-intensive manual testing and inconsistencies across development and production environments. Another problem is the tug-of-war between the need for rapid deployment and the need for stability.
Fidesic blog
DECEMBER 4, 2023
Looking for the best accountants blog? We couldn't narrow it down to just one so we chose to list 14 great blogs for accountants and other thought leadership sources on accounting. The accounting blog topics vary slightly for each one. The first 9 blogs are general accounting blogs and news sources. The last 5 are geared toward accounts payable and payments industries, because that's what we are focused on.
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.
Intuit
DECEMBER 6, 2023
I am incredibly honored to lead the Intuit Expert Network, which aims to be the employer of choice for tax and bookkeeping professionals. We connect millions of consumers and small businesses with the expertise they need to face their most important financial challenges with confidence as we fulfill Intuit’s mission to power prosperity around the world and make a difference in the communities we serve.
Accounting Today
DECEMBER 7, 2023
Municipal bond investors and government regulators could benefit from easier access to consistent, machine-readable financial data from government bond issuers.
ProsperOps
DECEMBER 6, 2023
“Faces in FinOps” is hosted by Jon Myer and powered by ProsperOps. Welcome to Episode 14 of the Faces In FinOps Podcast, powered by ProsperOps, with your host, Jon Myer! In this engaging episode, we’re excited to have Steph Gooch, a Senior Optimization Solution Architect from the AWS OPTICS team, as our special guest. Steph brings a wealth of knowledge and experience in cloud financial management, sharing insights into cost optimization, and financial processes, and fostering a cost-aware
Fidesic blog
DECEMBER 6, 2023
Whether internal or external, financial audits can be an extremely stressful time. Accounts receivable auditing is among the most critical of financial audits. An internal AR audit will give deep insight into the business' incoming cash and can be a determining factor in planning the financial future of the company. External audits, such as a government agency audit, will comb through your financial records for fraud and finable mistakes.
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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!
AvidXchange
DECEMBER 4, 2023
In our fast-paced world, consumers want instant gratification. This is becoming true in the payment space, as the adoption of digital payment platforms increases. McKinsey reports that 82% of Americans conducted a digital payment in 2022 – up from 78% in 2021. While person-to-person (P2P) payment tools like Venmo grow in popularity, businesses are beginning to expect that same convenience.
Accounting Today
DECEMBER 4, 2023
The Internal Revenue Service's Criminal Investigation unit identified $37.1 billion in tax and financial crimes in fiscal year 2023, exceeding the previous year.
Insightful Accountant
DECEMBER 5, 2023
For accountants and their business clients, the goal this time of year is to end the year well and set a good foundation for the next. But year-end work is rarely simple, often messy, and certainly adds to the holiday hustle and bustle.
RevCycle
DECEMBER 7, 2023
The holiday season is a time for giving and receiving. It’s also a time when many businesses experience an increase in delinquent payments. This can put a strain on your staff and increase your operating expenses. Reducing delinquent payments during the holiday season is crucial for businesses, as it can significantly impact cash flow and profitability.
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!
Invoicera
DECEMBER 2, 2023
The world is evolving quickly, with technology affecting almost every part of our life. Artificial intelligence (AI) is one of the 21st century’s most important technologies. According to Gartner, the market for AI software is anticipated to grow to around $135 billion by 2025. The anticipated CAGR for this growth is 14.4% in 2021 to […] The post Artificial Intelligence Business Ideas for 2024 & Beyond appeared first on PixelCrayons.
Accounting Today
DECEMBER 6, 2023
The World Health Organization said raising excise taxes on alcohol and sweetened beverages is the most effective way to reduce consumption while generating revenue.
Insightful Accountant
DECEMBER 4, 2023
What Does It Take To Be Recognized in the 2024 ProAdvisor Awards? It Takes You Participating! If you've been nominated you should have gotten an email taking you to the Formal Application. Don't ignore or loose that Email!
Enterprise Recovery
DECEMBER 4, 2023
Effective communication is the foundation for building trust with clients. Communicating clearly and consistently shows your clients that you value their business and respect their time. Communication and trust create a positive relationship so your clients feel good about paying their invoices.
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.
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