Sat.Jun 24, 2023 - Fri.Jun 30, 2023

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Handling Multiple Companies and Entities inside Business Central (BC)

Fidesic blog

Handling Multiple Companies inside Business Central (BC): The Difference between multiple companies and multi-entity management (MEM)

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Changes are coming to the contact overview page

Xero

Changes are coming to the contact overview page We wanted to share the next step in improving the contacts experience in Xero, helping you better manage the relationships with your customers and suppliers, as well as your cash flow. We’re excited to share that we’ve updated the design of our contact overview page, and introduced search and filter functionality.

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AI can help UK small businesses grow and do more

Intuit

Intuit’s mission is to power prosperity around the world and help customers and communities overcome their most important financial challenges. Helping small businesses succeed is personal for us. In the UK, 99% of businesses are small or medium-sized enterprises (SMEs), and they account for 61% of all employment. Small businesses power local communities and are the economic engine of countries all over the world, but more than half don’t survive beyond their fifth year.

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Deadline for MP Elite 2023 submissions extended

Accounting Today

Due to extensive interest, Accounting Today is extending the deadline for submissions for its annual Managing Partner Elite list to the end of the day on Monday, July 10.

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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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18 Unbeatable Benefits of Using Business Process Automation

Accounting Department

Business Process Automation (BPA) is used for operations in production workflows, accounting systems, data management, customer service processes, and even sales funnel coordination. Forms of BPA have become indispensable in industries such as manufacturing, banking, telecom, shipping, stock trading, food production, and many others. NetSuite is a software solution that offers many superior benefits for businesses that make the transition to automated processes.

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Congratulations to the finalists of the Xero Singapore Awards 2023!

Xero

We launched the Xero Singapore Awards five years ago to recognise and celebrate the tremendous contribution our Xero partners make to the small business community and the accounting industry. Sharing our passion for small businesses, they work tirelessly to champion their clients, advocate for digital transformation to deliver greater value, and take on new challenges to help their clients thrive.

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Recruit, retain, repeat: Top tips for talent

Accounting Today

With the pipeline problem on everyone's mind, here are the most important strategies and approaches firms need to take to remain competitive.

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Finding the Right Outsourced Client Accounting Services for Your Business

Accounting Department

Making the decision to turn to outsourced client accounting services can be a great way to save time and resources for your business. However, finding a trustworthy outsourcing partner can be a challenge. But how can you be sure you’re choosing an outsourced accounting service you can trust? There are a few characteristics of trustworthy, competent, and reliable accounting services that will help you know the provider you chose is the right one.

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One team, big dreams: Accounts and Legal win Large Firm of the Year

Xero

Established in 2015, Accounts and Legal has always had one mission – to make the lives of business-owners simpler. Guided by three main principles: offering a more than once-a-year service, putting technology at the forefront, and acting as a one-stop-shop for small business support, the firm has gone from strength to strength and has since grown rapidly to now having four offices nationwide across Manchester , London , Liverpool and Brighton.

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Diversity in the Workplace Following New Supreme Court Rulings

Intuit

Today, we are discouraged to learn that the Supreme Court has overturned the precedent that supported affirmative action in higher education for more than 50 years. These rulings effectively eliminate the consideration of race as a factor in the college admission process and will have a far-reaching impact on the diversity of college campuses in the future and may impact our pipeline of talent from certain educational institutions where we recruit new talent.

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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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New guidance on tax credits for clean energy projects

Accounting Today

The service posted a fact sheet Friday on tax credits for renewable energy projects under the Inflation Reduction Act.

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Compleat Software and Doncaster Rovers Football Club Announce New Partnership

Compleatable

At Compleat Software we take great pride in supporting the local Doncaster community, and we are dedicated to fostering collaboration and contributing to the economic growth o f neighbouring local businesses. After several successful years of operating from our new home in the Eco-Power Stadium, we are thrilled to , once again, become an official partner of our beloved local team, the Doncaster Rovers.

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Eight New Apps in the QuickBooks App Store

Insightful Accountant

Just because you are not at Scaling New Heights doesn't mean you can't have an 'exhibit hall' of your own. Check out these eight new apps in the QuickBooks App Store, I guarantee it won't be nearly as many steps to walk.

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How Organizations Can Positively Impact the Mental Health of Trans and Nonbinary Employees

Intuit

We’ve navigated some of the most challenging moments of our time in the past few years. The world of work has forever changed and as we continue to evolve as a society, employee mental health has emerged as a key issue for companies seeking the best way to build and support successful teams. By creating policies and practices that support mental health and wellness, companies are developing workplace environments that encourage belonging, communication and camaraderie — all of which can have pos

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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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5 key challenges with RPA

Accounting Today

Robotic process automation carries many rewards, but a recent study has identified a handful of key risks that professionals must account for.

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Top Digital Working Tools for Business Simplification

Compleatable

Now more than ever as business leaders or management, we are having to accept change in working styles, location and process to adapt to the changing landscape. Cast your mind back to pre-pandemic times (ah… the good old days), and how purchase invoices were received was pretty much irrelevant as all staff members were office based. It didn’t matter as much if a high proportion of invoices were received through the post and likewise it didn’t matter what tools were used to gain

AP 100
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Payoneer vs PayPal

Tipalti

When it comes to making global payments, you need a financial services company that will meet the organization's needs. Here we compare Payoneer vs PayPal and consider which one of these payment options might work best for you.

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Empowering Small Businesses in Our Backyard

Intuit

We’re thrilled to announce that Intuit is investing in a partnership with the Los Angeles Urban League (LAUL) to support diverse small businesses in Los Angeles through access to Intuit products, business coaching, and personalized expert business consulting for a year. Intuit employees recently sat down with one of Los Angeles’ most influential organizations dedicated to helping multicultural communities secure economic self-reliance, parity, power, and civil rights through advocacy and progra

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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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Clues for the Top 100 2024 from Our Awards Article.

Insightful Accountant

Murph gave you valuable clues about the Top 100 process and the specific categories in our story about the ProAdvisor of the Year and Categorical Award recipients.

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A Beginner’s Guide to Accounts Payable Automation

Compleatable

By a beginner for a beginner: What does accounts payable automation software actually do? Accounts payable automation softw are is the gift that keeps on giving. Imagine: you’re sitting at your desk in a haze of a post-lunch food coma, and you’ve got a mountain of invoices to process. What do you do? You could start manually entering data from each invoice into the system, then keep track of those manual entries while they make their way through the accounting department to be approv

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What Is GCP CUD? A Beginner-Friendly Guide

CloudZero

Amazon Web Services (AWS) has Reserved Instances, Savings Plans, and Spot Instances. Microsoft’s Azure lets you purchase those as Reservations, Savings Plans, and Spot Instances. On Google Cloud Platform (GCP), these long-term usage incentives have a slightly different name: Committed Use Discounts (CUDs).

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Seeking a Full Time Remote Bookkeeper

Reconciled Solutions

Flexible schedule, work from home! Help our clients grow, improve profits, get visibility and clarity to their finances, and improve their efficiency. This position is. The post Seeking a Full Time Remote Bookkeeper appeared first on Reconciled Solutions.

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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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Exploring Debt Relief Options

Insightful Accountant

Let's face it—debt can be heavy. Here are some debt relief options—and the pros and cons—you and your clients can use to find your way through the maze.

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A Beginner’s Guide to Purchase-to-Pay Automation

Compleatable

By a beginner for a beginner: what is purchase-to-pay? If you’re anything like myself, having a well-rounded understanding of the industry you are working in is imperative to the success of your work and, more importantly, your confidence. As a novice to the software automation world, I spent a huge part of my time wrapping my head around financial terms and researching technical processes just to keep my head above water.

AP 100
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Reduce Cloud Spend With Engineering-Led Optimization — Not Just Discount Hunting

CloudZero

CloudZero’s research has determined that as many as 60% of SaaS business leaders feel their cloud spend is higher than it should be. Considering cloud spend is a dominant portion of a SaaS company’s operating costs, unexpectedly high cloud bills can be a significant problem.

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Document Management for Remote Workforces

LedgerDocs

In 2023, over 32% of the Canadian workforce is remote. With this rise in the remote workforce, employers should also be shifting the way that their business operates to accommodate the team being dispersed across various locations. Digital document management is a crucial piece to making this remote work structure flow smoothly. Document Management platforms such as LedgerDocs, offer remote access features that allow businesses to streamline their document workflows, collaborate effectively with

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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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Insightful Acccountant's 2023 ProAdvisor of the Year and Categorial Award Recipients

Insightful Accountant

Insightful Accountant is proud to announce the ProAdvisor of the Year along with the ProAdvisor Categorical Award recipients for 2023.

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How Vendor Management Impacts Supply Chains

MineralTree

How Vendor Management Impacts Supply Chains The future of the supply chain remains an uncertainty for many companies. Nearly one out of four companies ( 23% ) are unsure of when their inventory will return to normal levels. The pandemic, war in Ukraine, labor shortages and disputes, and other issues have left companies struggling to stabilize their supply chains.

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How to Protect Your Business Reputation During B2B Debt Collections

Enterprise Recovery

Nobody likes asking for money - least of all when your clients aren't paying their invoices promptly. Business-to-business debt collections could also impact your relationships with current and potential clients. It's crucial to keep things professional, even when they feel personal, and the missed payments are affecting your bottom line. Use these tips to protect your business reputation during B2B debt collections.

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To Receive or Not To Receive: Inventory Management and Three-Way Matching

NextProcess

Every company needs a way to handle procurement. Whether your company is a small business ordering printer paper and ink, a manufacturer relying on the purchase of materials and parts to do business, or a multi-national corporation handling everything from utility payments to capital purchases, a good procurement process helps you control the purchasing that happens in your company.

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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.