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
Invoicera
DECEMBER 18, 2024
A business, no matter how small or large, suffers from many challenges! Managing invoices becomes a huge challenge sometimes, especially when doing it manually. Late payments are another major issue associated with improper invoicing. This leads to a decrease in cash flow, which can result in the business being shut down completely in some cases. According to the Federation of Small Businesses (FSB) , late payments result in 50,000 business closures yearly.
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You wouldn’t keep using a 2009 flip phone - so why settle for outdated close processes?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.
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,
Cloud Accounting Podcast
DECEMBER 20, 2024
Today, Blake, David, and special guest, ChatGpt, examine the impact of private equity on accounting firms, looking at how PE ownership affects partner compensation and firm structures. They dig into some recent data showing record numbers of accounting errors in public companies, linking these issues to the broader talent shortage crisis. Next, they explore CalCPA's pushback against proposed licensing changes, the surprising economic costs of Daylight Savings Time, and much more!
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.
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.
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: 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.
CapActix
DECEMBER 20, 2024
Tax issues can create significant stress for businesses and individuals alike. Whether its a complicated tax audit or unpaid tax debt, addressing these challenges effectively is crucial. This is where a tax resolution specialist steps in. These professionals focus on resolving tax problems while ensuring compliance with the IRS, offering much-needed support to taxpayers dealing with overwhelming situations.
oAppsNet
DECEMBER 19, 2024
Chargebacks can be frustrating when running a business that accepts credit card payments. They serve as a consumer protection mechanism, allowing cardholders to dispute transactions and request a reversal of charges. However, not all chargebacks are created equalsome are valid, while others are invalid. Understanding the difference between valid and invalid chargebacks is crucial for merchants who want to manage disputes effectively, protect their revenue, and maintain a healthy relationship wit
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.
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: 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.
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.
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.
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.
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: 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.
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.
Intuit
DECEMBER 18, 2024
Check out the inspiring stories of entrepreneurs who participated in the Intuit IDEAS program and are making a difference in their communities. Bridging the digital divide in communities that often get overlooked Candace Walker, the CEO and founder of Los Angeles-based Generation Connect , is a shining example of the impact of Intuit IDEAS. Inspired by her widowed mother and teenage children, Candace founded Generation Connect, a social impact startup that helps teens and seasoned adults work to
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.
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.
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
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.
The Successful Bookkeeper
DECEMBER 19, 2024
The bookkeeping profession is evolving, and with it come challenges that require adaptability and growth. From navigating automation to addressing undervalued services, bookkeepers face a landscape filled with opportunities to innovate and stand out. In an episode of The Successful Bookkeeper podcast, Louie Prosperi, CEO of the Institute of Professional Bookkeepers of Canada (IPBC), shared valuable insights on how bookkeepers can overcome these challenges and thrive in their careers.
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.
Counto
DECEMBER 16, 2024
What Are the Different Types of Accounting Services? A Guide for Small Business Owners in Singapore As a small business owner in Singapore , managing your finances is crucial to the success and growth of your business. Proper accounting ensures that you remain compliant with local regulations, maintain accurate financial records, and make informed decisions.
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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
FundThrough
DECEMBER 19, 2024
[link] When Ron Cedillo, VP of housing provider Lima Charlie, had to find new sources of business, he learned that the government contracting space could be a valuable growth channel for his companybut large dollar amounts and mismatches between cash inflows and outflows quickly proved challenging for the execution. When you do government contracting, […] The post Lima Charlie: Raising $8M in 30 Days to Unlock New Growth Channel appeared first on FundThrough.
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.
Ontrack Bookkeeping
DECEMBER 18, 2024
There is nothing in the Act to determine when a payment must be made when an employees employment is terminated. There is so much to do for a final pay, and it can become a rushed activity on the final day of employment with the potential to get it wrong. If agreed between the parties, then it can be paid on the next pay day after termination or on the final day of work.
Counto
DECEMBER 19, 2024
Understanding Bizfiles People Search and the Role of NRIC in Business Due Diligence Conducting due diligence is an essential step for business owners before entering into partnerships or agreements. Bizfile, Singapores official business information portal, offers tools to retrieve key insights about companies, directors, and shareholders. This blog explores the People Search function on Bizfile, its relevance for business owners, and how NRIC numbers fit into the picture.
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.
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