Fidesic blog
APRIL 26, 2023
Are you a Microsoft Dynamics GP user, consultant or enthusiast? In this post we are sharing a whole bunch of Microsoft Dynamics GP blogs. These are not ranked or in any particular order. We will include descriptions and links to all.
Ascend Software blog
APRIL 27, 2023
The world of accounts payable (AP) is undergoing a significant transformation, with artificial intelligence (AI) and machine learning (ML) technologies playing a crucial role in this evolution. Cutting-edge technologies are reshaping accounts payable automation. We will discuss intelligent invoice processing, AP workflow automation, and AI-driven AP solutions.
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Xero
APRIL 26, 2023
The driving force for many small business owners when choosing to start their own businesses is to improve their lifestyle, but how does small business owner wellbeing actually fare? That’s what we set out to find out in our new report released today: The global state of small business owner wellbeing. Wellbeing gets a lot of attention, with no shortage of articles and reports telling us how we should be better balancing our lives.
Accounting Department
APRIL 25, 2023
Not all business owners are well versed in invoicing clients, collecting payments, tracking payments, or other bookkeeping tasks - and that's okay.
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.
ProsperOps
APRIL 26, 2023
Simple, Automatic Amortization Tracking for Prepaid AWS Reserved Instances and Savings Plans AWS Reserved Instances (RIs) and Savings Plans (SPs) have three payment models: No Upfront : where you pay a discounted hourly rate over the term of the commitment, Partial Upfront : where you pay a portion (generally half) of the total value of the commitment upfront and the remaining portion hourly over the term, and All Upfront: where you pay the full amount of the commitment at the time of purchase W
Fidesic blog
APRIL 26, 2023
Are you a Microsoft Dynamics GP user, consultant or enthusiast? In this post we are sharing a whole bunch of Microsoft Dynamics GP blogs. These are not ranked or in any particular order. We will include descriptions and links to all.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Accounting Department
APRIL 27, 2023
Last week, AccountingDepartment.com Business Development Representatives, Shawn Marcum, and Luke Backus attended the 2023 Entrepreneurial Operating System (EOS) Conference in Indianapolis, IN.
ProsperOps
APRIL 25, 2023
optimizations, it’s often more cost-effective—and easier—to implement financial optimizations first. During a recent webinar with the CFO Leadership Council , Matt Shover, VP of Operations & Customer Experience at ProsperOps, explained different strategies companies can use to reduce cloud costs and the best way to prioritize them for maximum “bang for your buck.
Ascend Software blog
APRIL 25, 2023
Struggling with time-consuming and inefficient accounts payable processes in your healthcare organization? Dive into this comprehensive blog post to learn how healthcare AP automation can help streamline invoice processing, reduce costs, and enhance patient care, offering valuable solutions to your AP challenges. Choosing the right solution can provide performance similar to that of OU Health.
Xero
APRIL 27, 2023
The annual Xero Awards is a particularly special night for us at Xero. It’s a chance for us to show our appreciation and admiration to the many incredible accounting, bookkeeping, and app partners in our community. This year’s awards evening, which took place at Ministry Venues, Elephant & Castle, showcased the achievements of the “rockstars” of the accounting world.
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Did you know automating your month-end close can save up to 40% of the time typically spent on manual reconciliations? CFOs and controllers are leveraging SkyStem's workflow management and reconciliation tool to eliminate costly mistakes, ditch manual reconciliations and close faster. Want to know how they do it? Download our Quick Start Guide to a Crystal Clear Close!
Intuit
APRIL 24, 2023
When Sebanti Sanyal’s toddler was struggling with severe allergies and respiratory issues, she decided to step back from her career to care for her young daughter full time. Then, when the pandemic hit, she took an additional two years away before returning to her engineering career through our Intuit Again returnship program in September 2022. Intuit Again provides a supportive pathway back into the workforce after taking a career break for caregiving purposes, including the opportunity for ret
ProsperOps
APRIL 25, 2023
Your cloud costs are too high. Given a myriad of methods and tools for optimizing cloud costs, where do you start and where can you save the most? While many organizations prioritize engineering optimizations, it’s often more cost-effective—and easier—to implement financial optimizations first. During a recent webinar with the CFO Leadership Council , Matt Shover, VP of Operations & Customer Experience at ProsperOps, explained different strategies companies can use to reduce cloud costs and
Plooto
APRIL 24, 2023
Few activities in business have as much impact in reducing costs, eliminating waste, detecting fraud, and improving the bottom line than spend management. It is the foundation for operational efficiency, cost containment, and visibility throughout the company.
FundThrough
APRIL 28, 2023
When you’re looking for ways to fund your business, you’ve got to look at every possibility to find the right fit and create your ideal funding mix. Maybe you’ve decided that getting your invoices paid in advance makes sense and you’re researching all the possible ways it can be done. As entrepreneurs ourselves, we understand […] The post Invoice Factoring vs Reverse Factoring: Which is Best for Your Business?
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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.
CSI Accounting & Payroll
APRIL 26, 2023
Working with an accountant offers many benefits, but it can also create problems. If the relationship between your business and your accountant isn’t dynamic, it won’t be as constructive as it could be. Accountants aren’t known for their customer service skills. A lot of them would much rather deal with numbers than people, but you confide almost everything about your business to them, so they need to be someone you trust.
Cloud Accounting Podcast
APRIL 26, 2023
FTX had 80,000 transactions in Ask My Accountant; the crazy cost accounting behind EY's failed breakup; using ChatGPT for financial statement analysis; what the tech world thinks AI will automate in accounting and more! LiveFlow - [link] Chapters (00:00) - CAP 329 (00:39) - PREVIEW: How ChatGPT saved Erica (01:09) - Introduction (07:48) - FTX had 80,000 transactions in Ask My Accountant (12:04) - Blake plays a clip from the All-In podcast on AI accounting (17:25) - ChatGPT vs real accountants an
NextProcess
APRIL 28, 2023
As a small business, how are you managing accounts payable? Early on with a small business, it’s pretty common to use a manual, paper-based process. You simply write a check for invoices when they come in, and you might track payments in Excel or some other program. Later, you might start using accounting software like QuickBooks to help make things easier.
Jetpack Workflow
APRIL 26, 2023
When it comes time to end your professional relationship with a client, you can find yourself at a loss for words on how to communicate this with them. If you’re too easygoing, the client may think you don’t appreciate all the years you worked together. However, if you’re too harsh, it could leave a bitter taste in their mouth. Striking the right balance between being firm and understanding as you terminate your client’s contract is never easy, no matter the reason.
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.
Gaviti
APRIL 24, 2023
Effective accounts receivable management is one of the most critical aspects of boosting steady cash flow for your business. The AR team must identify problems and seek long-term solutions. Taking this proactive approach can smooth problems over before they spiral out of control. Every business is different. Issues vary based on industry, business size, geographical location, and company culture.
Enterprise Recovery
APRIL 28, 2023
Listed as an asset on financial statements such as the balance sheet , accounts receivable is an important resource to your business. It's considered an asset because it can be converted to cash if collected within the payment terms set in your client contracts. If it's not collected in a timely manner, it becomes a drain on company resources. Policies and procedures must be documented to increase the success of these collections.
Insightful Accountant
APRIL 24, 2023
Will Hill, of Will Hill Consults and Ryan Conn, President, Shelton & Associates CPS's are hosting a 2 day immersive event to help you re-arrange and execute so that your work becomes rewarding, not exhausting.
Accounting Tools
APRIL 28, 2023
Related Courses Cost Accounting Fundamentals A period cost is any cost that cannot be capitalized into prepaid expenses , inventory , or fixed assets. A period cost is more closely associated with the passage of time than with a transactional event. Since a period cost is essentially always charged to expense at once, it may more appropriately be called a period expense.
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!
IMA's Count Me
APRIL 23, 2023
Dive into the world of ESG (environmental, social, and governance) at IBM with our latest episode of Count Me In. Today we discuss the challenges and successes of implementing ESG objectives in a global corporation. John our Guest John Mahoney, ESG External Reporting Project Manager and hear how IBM's commitment to sustainability, open communication, and cross-functional collaboration is driving positive change and shaping the future.
Outsourced Bookeeping
APRIL 27, 2023
Accounting automation is quickly becoming an essential part of successful financial management. By automating accounts payable and accounts receivable processes, businesses can reduce costs, decrease errors, and improve the accuracy of their financial reporting. A CFO Guide to Accounting Automation: Impacts, Benefits, and Tips In this guide, we will explore the potential impacts of accounting automation , the benefits it can offer to organizations of any size, and tips for making the most of aut
Insightful Accountant
APRIL 24, 2023
Been feeling a little detached lately? Internationally renowned ProAdvisor Esther Friedberg Karp has the intel on four, one-day conferences where you can meet up with some old friends.
Accounting Tools
APRIL 27, 2023
Related Courses How to Audit Payroll Optimal Accounting for Payroll Payroll Management What is the FUTA Tax? FUTA is an unemployment tax that is charged to employers. The FUTA acronym is short for the Federal Unemployment Tax Act. The amounts paid in by employers go into a federal fund that pays the cost of administering the unemployment insurance and job service programs in all states.
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Developing a consistent month-end close doesn’t need to be a mystery. We’re sharing our top 10 secrets (plus one bonus!) for streamlining your close.
CloudZero
APRIL 25, 2023
It’s cloud earnings week this week for AWS, GCP, and Azure, and I have already heard the pundits warming up the hot takes. Some are even asking if this could be the end of the cloud. My advice to you: Don’t be that person unless you enjoy being horribly wrong. No, I'm not saying that when AWS, Azure, and GCP report their growth that it's going to be anything different than what we expect.
Tipalti
APRIL 28, 2023
Both Tipalti and AvidXchange help companies automate their accounts payable processes, but with different features and capabilities. Read our Tipalti vs AvidXchange comparison.
Insightful Accountant
APRIL 23, 2023
How Rewind helped this Canadian bookkeeping team put their clients at ease when transitioning from an on-premises accounting solution to cloud-based software.
Accounting Tools
APRIL 26, 2023
Related Courses How to Conduct a Compilation Engagement How to Conduct a Review Engagement How to Conduct an Audit Engagement There are several key differences between an audit , a review , and compilation. Essentially, a compilation requires the auditor to simply present financial statements based on the representations made by management, with no effort to verify this information.
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.
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