Sat.Jun 21, 2025 - Fri.Jun 27, 2025

article thumbnail

Digits Launches AI Agents for its Autonomous General Ledger

Insightful Accountant

Digits AI-native accounting platform has launched Digits Accounting Agents, embedding AI agents to run entire accounting workflows for firms on its Autonomous General Ledger® (AGL).

article thumbnail

How Client Account Services Are Evolving in 2025

Accounting Department

As we move into the summer of 2025, personalized client accounting services are becoming increasingly critical. Clients are no longer satisfied with one-size-fits-all solutions. They demand tailored services that address their specific needs and financial scenarios.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Financial Resilience for Charities in Uncertain Times

Compleatable

This Small Charity Week , we’re shining a light on the heart of our communities: small charities doing extraordinary work, often under extraordinary pressure. They may not always make headlines, but they’re there every day, quietly changing lives in ways that truly matter. Small Charity Week (23–28 June 2025) is a national celebration of the UK’s small-but-mighty charities.

article thumbnail

Is your firm overpaying for external hires?

Accounting Today

Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes AUDIT Audit Audit standards PCAOB SEC Audit Audit standards PCAOB SEC PRACTICE MANAGEMENT Practice management Recruiting Retention Acc

article thumbnail

How to Streamline Payment Applications & Lien Waivers Through Innovative Construction Technology

Speaker: Dylan Secrest, Founder of Alamo Innovation and Construction Digital Transformation Consultant

Construction payment workflows are notoriously complex when you consider juggling multiple stakeholders, compliance requirements, and evolving project scopes. Delays in approvals or misaligned data between budgets, lien waivers, and pay applications can grind progress to a halt. The good news? It doesn't have to be this way! Join expert Dylan Secrest to discover how leading contractors are turning payment chaos into clarity using digital workflows, integrated systems, and automation strategies.

article thumbnail

Xero to acquire Melio: A payments game-changer for small businesses across the US

Xero

For small businesses, we know that efficient, accurate, and seamless workflows are non-negotiable — especially when it comes to making payments. After all, paying bills and managing cash flow are two crucial tasks, and when managed effectively hand-in-hand, small businesses thrive. But these tasks shouldn’t be a manual headache. We also know that more than 70% of US SMBs place a high importance on having their accounting and accounts payable software tightly integrated, but only a small mi

XERO 172
article thumbnail

Caution Reigns: Treasury Teams Double Down on Safety as Cash Accumulation Slows

Trade Credit & Liquidity Management

According to the 2025 Association for Financial Professionals (AFP) Liquidity Survey , 61% of organizations identified safety as their foremost objective for short-term investments, significantly outpacing liquidity (35%) and yield (5%) as priorities. Even so, the emphasis on liquidity increased by five percentage points from the previous year, while the focus on yield remained stable.

More Trending

article thumbnail

Digits says its AI agents can automate 95% of bookkeeping

Accounting Today

Accounting platform Digits announced the launch of Digits Accounting Agents, which CEO Jeff Seibert said can outperform humans in terms of accuracy and speed.

article thumbnail

The Modern CFO’s Expanding Role

oAppsNet

The role of the Chief Financial Officer (CFO) has expanded far beyond its traditional scope of financial reporting and accounting. Today, CFOs are expected to lead the charge in shaping a company’s financial strategy, fostering innovation, and ensuring long-term growth in a constantly changing environment. With rapid shifts in economic conditions, emerging technologies, and the increasing focus on sustainability, the modern CFO must evolve to meet these challenges head-on.

article thumbnail

Higher Limits Power B2B Real-Time Payment Volumes

Trade Credit & Liquidity Management

The Clearing House raised the real-time payments (RTP) transaction limit from $1 million to $10 million in February 2025. Since the increase, Bank of America (BofA) reports that transactions over $1 million now account for more than half the total value of U.S. real-time payments processed for corporate clients. Rival network FedNow raised its own limit from $500,000 to $1 million on June 24, 2025.

article thumbnail

How a Controller Can Strengthen Your Financial Reporting

Accounting Department

Reliable financial reporting forms the foundation for sustainable growth in any small to medium-sized business. Inadequate financial oversight exposes organizations to regulatory noncompliance, cash flow challenges, and missed avenues for strategic advancement. The expertise of a controller is indispensable in addressing these critical areas.

article thumbnail

You upgrade everything else. Why not your close process?

You wouldn’t keep using a 2009 flip phone - so why settle for outdated close processes? It’s time for an upgrade. SkyStem's Guide to Month-End Close Software walks you through what today’s best tools can do (and what your team shouldn’t have to deal with anymore). Get smart, fast, and a whole lot less stressed when it’s time to close the books.

article thumbnail

PCAOB fines Deloitte, PwC, EY member firms for exam misconduct

Accounting Today

The Board fined Deloitte Netherlands, PwC Netherlands and EY Netherlands a total of $8.5 million after finding widespread exam misconduct on internal training tests.

Auditing 173
article thumbnail

2025 Trends for the CFO: Navigating the Future of Finance

oAppsNet

The role of the CFO has expanded dramatically in recent years, and with it, the expectations for financial leadership. The ability to thrive amidst volatility is a key trait for modern CFOs. In a time of unpredictable global events, a clear and adaptable financial strategy is essential for navigating challenges head-on. CFOs who stay agile can lead their organizations to new opportunities, driving business results through innovation and collaboration.

article thumbnail

USDC Stablecoin Integrated into Core Banking by Matera and Circle

Trade Credit & Liquidity Management

From a Press Release dated June 11, 2025, Philadelphia, Pennsylvania Matera , a leading financial technology provider, has partnered with Circle , the global issuer of the USDC stablecoin, to integrate stablecoins as a mainstream payment method within core banking systems. This marks the first time a banking technology provider in the region has natively integrated USDC, aiming to bridge digital currencies and traditional financial systems.

article thumbnail

How to Lead Accounts Payable Teams in the Age of Accelerated Technology

Ascend Software blog

The Leadership Challenge Behind AP Automation While the market frequently focuses on the capabilities of AP automation platforms, far less attention is given to the realities of managing the people expected to use them. The 2025 Accounts Payable Leadership Priorities Report underscores a persistent concern among financial leaders: teaching teams how to adapt to new tools often proves more difficult than selecting the tools themselves.

article thumbnail

Precision in Motion: Why Process Optimization Is the Future of Manufacturing

Speaker: Jason Chester, Director, Product Management

In today’s manufacturing landscape, staying competitive means moving beyond reactive quality checks and toward real-time, data-driven process control. But what does true manufacturing process optimization look like—and why is it more urgent now than ever? Join Jason Chester in this new, thought-provoking session on how modern manufacturers are rethinking quality operations from the ground up.

article thumbnail

Intuit debuts AI agents for QuickBooks

Accounting Today

Author Login Subscribe ACCOUNTING Accounting Accounting standards International accounting ESG CAS Accounting Accounting standards International accounting ESG CAS TAX Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes Tax Tax preparation IRS Tax Planning Corporate taxes Tax fraud Tax Legislation International taxes AUDIT Audit Audit standards PCAOB SEC Audit Audit standards PCAOB SEC PRACTICE MANAGEMENT Practice management Recruiting Retention Acc

article thumbnail

CAS Panel: Mastering Pricing and Packaging

Jetpack Workflow

Summary In this episode, host David gathers a panel of industry experts to discuss the nuances of pricing and packaging in the accounting sector. The panelists include Mark Stovel, a CPA from Canada who runs a consulting firm for CPA owners and works as a fractional CFO; Luke Templin from Omaha, Nebraska, who operates a fractional CFO business and develops financial software; Ashleigh Sutter, who brings over a decade of experience in Client Accounting Services (CAS) and currently works at CLA; a

CPA 52
article thumbnail

Spayce Partners with ThetaRay to Tackle Financial Crime with Advanced AI

Trade Credit & Liquidity Management

From a Press Release dated June 3, 2025, New York, New York ThetaRay , a global leader in cognitive AI compliance for financial crime, and Spayce , a next-generation cross-border payments platform, have announced a strategic partnership to address evolving financial crime threats and enhance the security of international payments. The collaboration was unveiled at Money 20/20 and comes at a time when financial crime is becoming more sophisticated, with criminal networks operating with the comple

52
article thumbnail

Why Historical Cost Accounting Is Broken (And What Could Fix It)

Blake Oliver

What if the very foundation of accounting is broken? In my latest Earmark Podcast episode, I explore this thought-provoking question with Tom Selling, an expert on SEC compliance, GAAP, IFRS, and more. Tom argues that historical cost accounting creates a "truth in labeling problem" that enables management to manipulate the system while overlooking economic reality.

article thumbnail

AI In Accounting: A Practical Roadmap For Smarter AP

Speaker: Gerald Ratigan

The accounts payable (AP) function is evolving and AI is leading the charge. As finance teams face rising invoice volumes and expectations for speed and accuracy, AI-powered automation has shifted from a futuristic concept to the most practical solution. But for finance leaders, success isn’t just about selecting the right tools, it’s about implementing the right strategy.

article thumbnail

Easier said than done: Dual ETF, mutual fund share classes

Accounting Today

The industry is awaiting SEC approval for dozens of applications, even as Vanguard's shareholder case highlights some of the tax complexity of the looming shift.

Tax 162
article thumbnail

Remote vs. Onsite Accounting Jobs: Why Flexibility Wins

accountingfly

If you’re leading a firm right now, you’ve likely felt the tension: you want your people in the office. But the talent you’re trying to hire? They still want flexibility. This clash between remote vs onsite accounting jobs has become one of the most challenging issues in today’s hiring landscape. At Accountingfly, this tug-of-war shows up in nearly every client conversation.

article thumbnail

Are Commercial Credit Bureau Reports Enough?

Trade Credit & Liquidity Management

Traditional credit reports provide a valuable foundation, but they’re no longer enough on their own. Today’s business environment is far more complex and fast-moving than in the past. In this data-driven economy, risk assessment demands more than simply evaluating whether a customer will pay their bills. To truly understand and manage credit risk today, modern companies must look beyond the basics and leverage new technologies, alternative data, and broader information sources.

article thumbnail

CAS Panel: How to Scale Your CAS Department

Jetpack Workflow

Summary In this engaging episode, the panelists Kane, Christine, and Matthew come together for an interactive discussion that prioritizes audience participation. The host emphasizes the value of live questions, encouraging listeners to ask their most pressing inquiries to gain actionable insights. Each panelist introduces themselves, setting the stage for a dynamic exchange of ideas.

Payroll 52
article thumbnail

Stop Budget Burnout: A Better Way to Grow Your Nonprofit in 2026

Speaker: Sean Yoder

Nonprofits are under more pressure than ever to demonstrate financial accountability while continuing to expand their impact. Traditional budgeting models often fall short, reinforcing silos, limiting flexibility, and stalling growth. Enter collaborative budgeting: a dynamic, team-driven process that enables smarter resource allocation and builds financial resilience at scale.

article thumbnail

SEC kicks off review of rules governing executive pay and perks

Accounting Today

The Securities and Exchange Commission is taking initial steps on overhauling rules governing disclosures of executive compensation, including bonus clawbacks.

article thumbnail

Childhood ambitions that point to accountancy

Accounting Fun

While my friends played tag, I played "compliance audit" and issued playground-wide risk reports. Other kids drew castles. I drew cash flow forecasts and colour-coded them by quarter. I used to alphabetise my sweets and depreciate the ones with sticky wrappers. I didn’t just play Monopoly. I insisted on calculating net asset value before buying Mayfair.

article thumbnail

Accelerate Cash Flow: 6 Tactics to Improve AR Performance

Trade Credit & Liquidity Management

In today’s economic environment, few priorities are more critical, or more within your control, than improving how quickly you convert accounts receivable (AR) into cash. When working capital is tight, the strength of your quote-to-cash (Q2C) process becomes a direct reflection of your company’s financial agility. Yet in many organizations, AR collections remain reactive, fragmented, or overly dependent on customer goodwill.

AR 52
article thumbnail

Senate Democrats Deploy Final Tactics to Challenge GOP Tax Package

Insightful Accountant

Senate Democrats are mounting a last-ditch effort to reshape the Republican tax reconciliation bill using the remaining procedural tools at their disposal as the legislation heads toward a potential floor vote the week of June 23.

Tax 59
article thumbnail

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

article thumbnail

CPA judgment still needed despite uptick in AI use

Accounting Today

AI-driven firms fail to mention that if their AI-generated tax advice results in an audit, their customers, not the firms themselves, are held legally liable.

CPA 212
article thumbnail

Tariffs, Iran, PE, CPA Pipeline, PCAOB, SEC

Cloud Accounting Podcast

What happens when 19 states simultaneously abandon the 150-hour CPA requirement while tariffs create unprecedented uncertainty for CFOs? Blake and CFO.com reporter Adam Zaki explore the rapid transformation of CPA licensure—from New York's recent changes to the coordinated state-by-state rollout that followed Barry Melancon's AICPA retirement. You'll discover how political and economic volatility is driving demand for accounting services, why the PCAOB may disappear in the Senate's tax bill, and

CPA 40
article thumbnail

Get Paid Faster: Adopt an AI Solution That Integrates Credit Decisions into Your CRM

Trade Credit & Liquidity Management

By Amartya Singh What’s the cost of a wrong credit call? Delayed onboarding? Dried-up cash flow? A write-off that hits your bottom line? In B2B commerce, credit decisions aren’t just about approvals—they shape the health of your entire quote-to-cash (Q2C) cycle. They determine how fast deals close, how securely revenue flows, and how much risk you silently take on.

article thumbnail

How Real Estate Accounting Firms Help Investors Stay Tax Compliant

CapActix

In the real estate realm, efficient tax management is not as simple as the word implies. As a matter of fact, tax should be considered as a management tool for any transaction. There is always tax assignment whenever a property is sold, rented out, or against any other investment alternative. IRS has also become one of those institutions – the only change being, they get to determine what gets through or not.

Tax 40
article thumbnail

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