Xero
DECEMBER 17, 2024
Itd be one thing if payroll year-end meant a single last pay run. But this busy period involves meeting multiple deadlines and submission dates, all while following HMRC rules. Whether youre a seasoned payroll manager or doing it for the first time, payroll year-end can be tricky. Heres a step-by-step guide to the process. What is HMRC payroll year-end?
Compleatable
DECEMBER 17, 2024
Purchase Order (PO) automation is a decisive influence for businesses striving to enhance operational efficiency, reduce manual workload, and improve financial accuracy. However, a successful implementation requires thorough planning and strategic execution. This guide outlines the steps for UK organisations to seamlessly transition to PO automation.
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Gaviti
DECEMBER 18, 2024
The financial industry is experiencing a technological transformation that is reshaping accounts receivable management. Financial and A/R teams are increasingly adopting automation, autonomous finance, machine learning, and artificial intelligence (AI) to enhance their workflows. These advanced technologies are now seamlessly integrated into accounts receivable reporting software, playing a crucial role in optimizing A/R processes, boosting efficiency, and improving overall cash flow for busines
Accounting Department
DECEMBER 16, 2024
When you have a small or mid-size business, one of the issues you can run into is not having all the departments a larger company would have. In other words, you might not have dedicated employees for HR, accounting, and other areas. Fortunately, there are ways to outsource a number of services, including client accounting services. This helps keep your company growing and succeeding, without the need to bring on more employees or overwork yourself to get everything done.
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
FinOps Foundation
DECEMBER 16, 2024
Key Insight: At re:Invent 2024, AWS announced numerous product enhancements that help FinOps Practitioners and their organizations optimize their cloud usage. The FinOps Foundation caught up with several AWS Product Managers at re:Invent and asked them what their teams have delivered and how these updates will impact Practitioners. These updates span from pricing calculators and commitment analyzers to help make choices before purchasing, to allocating and optimizing what you are already using,
Accounting Today
DECEMBER 19, 2024
The optional standard mileage rate for automobiles driven for business will increase 3 cents next year.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
AWS FinOps
DECEMBER 20, 2024
I have been putting off writing a summary of all the announcements our Cloud Financial Management (CFM) team made at 2024 re:Invent. My procrastination is partly due to the holiday preparations like many of you. However, more importantly, Ive been waiting for one more announcement. Now, with great pleasure, I am happy to share with you the ten features recently added to the AWS CFM portfolio of services.
Accounting Department
DECEMBER 18, 2024
We're happy to announce that AccountingDepartment.com is gearing up for its 11th Vistage ChairWorld event in January! As a proud National Sponsor for the last 11 years, this event holds a special place in our hearts, and we can't wait to reconnect with familiar faces and forge new connections in 2025.
Accounting Today
DECEMBER 20, 2024
These strategies are more than just smart tax moves; they're powerful tools for reshaping financial outcomes.
Ascend Software blog
DECEMBER 20, 2024
OCR Technology: A Great Start for AP Efficiency As businesses look to modernize their accounts payable (AP) operations, Optical Character Recognition (OCR) has become an important tool for streamlining invoice processing. Solutions like Workdays Supplier Invoice Automation (SIA) leverage OCR to extract invoice data, reduce manual data entry, and speed up workflowsan excellent first step for many organizations.
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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
Fit Small Business
DECEMBER 19, 2024
For any business, calculating your growth rate is essential for understanding how well your business performs over time. It provides valuable insights and helps identify potential areas for improvement. To calculate your business growth rate, you must first choose the period you want to measure, determine your starting and ending values, and apply the specific.
RevCycle
DECEMBER 19, 2024
As healthcare providers navigate the evolving landscape of medical collections, staying informed about emerging trends and potential regulatory changes is crucial. In 2025, a strategic approach to collections, leveraging technology and focusing on patient relationships, will be essential for having efficient, quality and performance improvement in your revenue cycle management.
Accounting Today
DECEMBER 19, 2024
The IRS and its partners shared a half-dozen ways to safeguard your firm and your clients during National Tax Security Awareness Week.
Counto
DECEMBER 15, 2024
How ChatGPT Can Enhance Meetings for Small Business Owners in Singapore For small business owners in Singapore, effective meetings are crucial to managing operations, finances, and growth. Meetings that focus on key topics like accounting services , budgeting, taxes, and operational strategies need to be efficient. ChatGPT can help streamline meetings from preparation to follow-up, allowing you to focus on what matters most: your business. 1.
Advertiser: Paycor
Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.
oAppsNet
DECEMBER 17, 2024
Conducting an accounts payable (AP) audit is critical in ensuring your business’s financial health and integrity. An effective AP audit helps identify inefficiencies, discrepancies, fraud, and opportunities for process improvement. Regularly auditing your AP function protects your company from financial mismanagement and ensures that your vendors are paid accurately and on time.
Nolan Accounting Center
DECEMBER 16, 2024
It has been correctly said that accounting is one of the most crucial aspects of running a successful business. Entrepreneur and business leader Tiffany Johnson said, Accounting is the cornerstone of the business world. Because accounting is so critical for all businesses, the U.S. accounting industry is large, generating $145.7 billion in 2023, which is its highest point in history.
Accounting Today
DECEMBER 20, 2024
The shadow knows; body of evidence; make a Note of it; and other highlights of recent tax cases.
Counto
DECEMBER 16, 2024
Understanding Internal vs. External Audits: A Guide for SME Owners in Singapore Audits are critical tools for evaluating a companys financial health and operational efficiency. For small and medium-sized enterprises (SMEs) in Singapore, understanding the difference between internal and external audits is essential for effective accounting services and proper financial governance.
Speaker: Victor C. Barnes, CPA, MBA
In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.
CapActix
DECEMBER 19, 2024
Taxation is an inevitable part of any business. Certainly, the government of every country makes every detail of taxation available. However, it is not as easy and businesses grapple with accurate tax filling. The major factors that increase complexities include the constantly changing tax laws, financial obligations, and tight deadlines. Undoubtedly, it is essential to ensure that taxes are filed correctly and on time for smooth business operations.
AvidXchange
DECEMBER 20, 2024
Tax season is a busy time for finance departments. Creating 1099 reporting is one task that can take less time with accounts payable (AP) automation. Read on to learn more about how technology can help your team simplify this time-consuming project. Learn More About AP Automation What is a 1099? According to H&R Block , a 1099 is a tax form used in the United States to report various types of income that are not wages, salaries, or tips.
Accounting Today
DECEMBER 19, 2024
The IRS declined to commit to expanding its Direct File free tax preparation program nationwide in response to a report from the GAO amid GOP opposition.
Counto
DECEMBER 16, 2024
How SMEs in Singapore Can Use ChatGPT for Everyday Work Tasks Managing an SME in Singapore involves juggling a multitude of tasks, from keeping track of financials to ensuring regulatory compliance. Whether youre handling accounting services , managing your team, or overseeing operations, time is always of the essence. With so much on your plate, tools that enhance productivity and streamline your workflow are invaluable.
Speaker: Kim Beynon, CPA, CGMA, PMP
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
FundThrough
DECEMBER 19, 2024
Ken Miller founded Liquid Gold Trucking, an oilfield water hauler in the Williston Basin, in 2017. Fast forward to 2023: the business had experienced modest growth, but was slow at the time. After winning a large new contract with long payment terms, he needed cash flow to make payroll and fund further growth. Because we […] The post Liquid Gold Trucking: Fueling 30% Growth in 18 Months With Early Invoice Payments appeared first on FundThrough.
CapActix
DECEMBER 19, 2024
Taxation is an inevitable part of any business. Certainly, the government of every country makes every detail of taxation available. However, it is not as easy and businesses grapple with accurate tax filling. The major factors that increase complexities include the constantly changing tax laws, financial obligations, and tight deadlines. Undoubtedly, it is essential to ensure that taxes are filed correctly and on time for smooth business operations.
Accounting Today
DECEMBER 18, 2024
The profession's most influential ponder whether personal and professional commitments can exist in harmony.
Counto
DECEMBER 20, 2024
The NRIC and Its Importance for Small Business Owners in Singapore As a small business owner in Singapore, understanding the role of the National Registration Identity Card (NRIC) is essential, especially when it comes to company incorporation services. The NRIC is required in several business processes, from company registration to hiring employees and complying with tax regulations.
Speaker: Mark Gilham, FCCA, CPP
Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.
Fidesic blog
DECEMBER 19, 2024
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.
finout
DECEMBER 16, 2024
What Are AWS Cost Categories? AWS Cost Categories is a feature of the Amazon Web Services (AWS) platform, which allows users to organize their cost and usage information. This organization enables more precise cost management across various AWS services, enabling allocation and tracking of cloud expenses. The system categorizes costs according to defined rules, such as linked accounts, service types, or tags, and displays them consistently in cost management reports.
Accounting Today
DECEMBER 19, 2024
Next year is set to become one of the most significant in modern history when it comes to shaping the tax and financial planning environment.
Counto
DECEMBER 15, 2024
Understanding Singapores New CPF Contribution Rates: Impacts on SME Finances in 2025 As we approach 2025, small and medium-sized enterprises (SMEs) in Singapore need to prepare for Singapores new CPF contribution rates that will take effect from 1 January 2025. These changes will impact both employers and employees, and understanding how they affect your business is crucial for effective financial planning, particularly in relation to payroll services.
Advertiser: Paycor
Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.
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