Sat.Jan 07, 2023 - Fri.Jan 13, 2023

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Save Time and Increase Cash Flow with Invoice Automation

Accounting Department

With every invoice a company receives, there is an associated cost that comes along with it. The cost of reviewing, processing, and paying the invoice. Now while this particular cost may not be all monetary, there is a cost that comes with the substantial amount of time it takes to handle such a task.

Invoicing 196
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AWS data transfer charges: how to minimize network traffic costs between regions and availability zones

FinOps in Practice

First off, let’s start with defining AWS data transfer. It refers to the movement of data in and out of AWS services over the internet or other networks, or between different AWS services, such as moving data from an Amazon S3 bucket to an Amazon EC2 instance. In other words, it includes various scenarios, like transferring data from on-premises or other cloud platforms to AWS services, or vice versa.

FinOps 130
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Melancon looks ahead to tax season challenges

Accounting Today

Tax 288
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The Secret to Automation – Go Slow to Go Fast

Sage Intacct

Recently, I sat in on a financial-services session at our annual Sage Transform conference for Sage Intacct customers and partners. The session focused on family offices and one of the panelists, a CFO at a firm with dozens of multiple entities, described her journey building the firm’s financial tech stack. She spoke of taking months to analyze their business processes so their automation efforts would get it right the first time.

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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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Looking For Healthy Cash Flow? Don't Let These Issues Slow You Down.

Accounting Department

With a small to medium-sized business, everything has an impact on cash flow, and cash flow is one of the most crucial metrics for business owners to monitor. As cash flow issues occur within a business, decisions are made based on inaccurate data and it will ultimately hurt a company in the long run.

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How To Incorporate FinOps Into The DevOps Lifecycle

CloudZero

FinOps, or the practice of managing a company’s cloud computing costs, and DevOps, the process of efficiently building applications in the cloud, should ideally go hand-in-hand.

FinOps 105

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How Dynamic Cash Flow Planning Can Be a Game Changer for CFOs

Gaviti

CFO turnover rates are at an all-time high as financial professionals grapple with unprecedented economic realities. The current global economy requires dynamic cash flow planning, but not all CFOs have the skills or talents to rise to the occasion. The good news is that all financial professionals can learn how to prepare a company to masterfully handle economic uncertainty.

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Meet the Top 7 FP&A Trends for 2023

Insightful Accountant

As financial planning and analysis continues to evolve, keeping up with the trends is critical. Jedox CFO Dr. Björn Schmidt dishes on the top trends for you to watch this year.

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MongoDB Pricing Explained: A 2023 Guide To MongoDB Costs

CloudZero

MongoDB is a popular non-relational database among developers of distributed apps. This Not Only SQL (NoSQL) database system delivers versatility, high scalability, and a flexible querying model. MongoDB is also remarkable for its fault-tolerance, self-healing, and real-time analytics capabilities.

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House votes to strip IRS funds intended to catch tax cheats

Accounting Today

Tax 265
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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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How to Improve Task Prioritization for A/R Collections Teams

Gaviti

Task prioritization takes different forms across various industries. In accounts receivables, it most commonly manifests as account prioritization. This refers to organizing and categorizing customer accounts according to their creditworthiness and likelihood of payment. It adds an extra step to credit extension and A/R processes, but it saves organizations time they would otherwise spend hunting payments for invoices.

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Two New Top 100 ProAdvisor Categorical Awards Being Added for 2023

Insightful Accountant

Top 100 candidates will see the addition to two new 'categorical awards' for 2023 to help bolster the recognition of ProAdvisor specialization. There will be new awards for QuickBooks Online Advanced and QuickBooks Desktop Enterprise.

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6 Risky Clients that May Not Pay On Time

Enterprise Recovery

As a business that works with other businesses, the expectation is that they'll pay for the goods and services you're providing. Unfortunately, delinquency and debt in business relationships is a very real, all-to-common problem. If you pay attention, there are glaring red flags that could provide clues that some clients could be problematic. Here are six types of risky B2B client behaviors that might indicate they won't pay on time.

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Supreme Court considers attorney-client privilege in tax case

Accounting Today

Tax 265
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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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New Relic Cost Optimization: Manage Spend With CloudZero

CloudZero

As a leader in observability and application performance monitoring (APM), New Relic empowers engineers with a data-driven approach to planning, building, deploying, and running great software.

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O Intuit Canada! Why Can’t We Have This Here?

Insightful Accountant

Internationally renowned ProAdvisor Esther Friedberg Karp shares some of the QBO features she wishes would have made it to the Canadian market.

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What Hospitals Need to Know About Prior Authorization in 2023: Industry Updates

SSI Healthcare Rev Cycle Solutions

What Hospitals Need to Know About Prior Authorization in 2023: Industry Updates. January 13, 2023. Prior authorization (PA), or precertification, continues to be a hot topic across the trifecta of payers, providers, and patients—and for a good reason. While prior authorization was intended to decrease costs and further value-based care initiatives for payers, it has led to significant administrative burdens for providers and increased care delays (and harm) for patients.

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Deloitte teams with Fordham on grad scholarships

Accounting Today

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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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Accounting Compliance and Reporting: Best Practices for SaaS

Sage Intacct

For even the most thorough of SaaS CFOs, there's a nagging question that's always risky to ignore: "How are we doing on our accounting compliance?" With new accounting laws and regulations emerging every year, it’s a question SaaS finance leaders are increasingly fretting over. Compliance with government accounting standards can have consequences that ripple through all levels of your enterprise.

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NetSuite for the New Year

Insightful Accountant

Are you thinking, 'There must be one solution that can be configured to fit all your needs?' You might be right, and the New Year might be the perfect time to switch.

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SSI Prior Authorization Game-Changer: Demo and Expert Q&A for Hospital Enterprise Solution

SSI Healthcare Rev Cycle Solutions

SSI Prior Authorization Game-Changer: Demo and Expert Q&A for Hospital Enterprise Solution [Webinar]. ​The path to quicker, more accurate prior authorizations + ask the experts! Live webinar: January 17, 2023 1:30 pm CT. Upcoming CMS regulations will require you to be up and running with an electronic solution before the 2026 deadline in order to be eligible for incentive payments.

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Crypto accounting and decrypting digital assets

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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How to Build a SaaS Financial Model You'll Actually Use

Sage Intacct

The CFO has become the business model architect for designing their company’s SaaS financial model. However, if you’re relying on manual SaaS financial modeling to accomplish this, you’re going to have a much more difficult time proving business value.

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Tim Grant on Why Niching Can Lead to Quicker Success

Insightful Accountant

The CEO of Business Solutions joins the Accounting Insiders line up to provide insights on how niching can transform your business. Listen now.

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Employee vs contractor – what you need to know

Ontrack Bookkeeping

Depending on the nature of your business, you may have workers who are employees or contractors, or you may have both. Each has their merits, but it’s important to review which are which in order to meet your tax obligations. When you have an employee, you must withhold income tax as well as report on additional benefits. Contractors generally look after their own tax obligations.

Tax 52
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How to get remote workers to take cybersecurity seriously? Fear

Accounting Today

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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 Automation: How to Future-Proof Your Firm

Dext

For hundreds of years, technology has paved the way for a faster, more efficient way of doing things. From cars to computers and everything in between, it has allowed us to achieve more in less time. In this scenario, automation has proven to be a powerful tool.

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Troubleshooting Opening Balances in QuickBooks Desktop

Insightful Accountant

You can easily troubleshoot opening balances with the tool of the same name found within the Client Data Review (CDR) feature of QuickBooks Desktop Accountant or Enterprise Accountant.

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4 Business Challenges That Can Be Solved With Outsourced CFO Services

Outsourced Bookeeping

CFOs are a financial wizard who manages and monitors all the financial activities of the business. They manage all the financial and accounting requirements of the business and unlock new insights to maximize profits. 4 Business Challenges That Can Be Solved With Outsourced CFO Services A start-up that needs an expert hand in financial analysis, budgeting and forecasting, an SMB that needs to make data-driven decisions based on financial performance or communicate with investors about the financ

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Cybercriminals get corporate to launch more sophisticated attacks

Accounting Today

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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.