Sat.Jul 09, 2022 - Fri.Jul 15, 2022

article thumbnail

How should small businesses balance artificial intelligence, automation and data privacy?

Xero

We recently held our fourth Xero Responsible Data Use Advisory Council meeting via Zoom with seven council members across four time zones to discuss the most important emerging trends around responsible data use for small businesses. How time has flown – we’ve nearly completed our first year of a council. The council includes myself, Samuel Burmeister of Tall Books (advisor), Laura Jackson of Popcorn Shed (business owner), Maribel Lopez of Lopez Research (analyst), Wyndi and Eli Tagi of WE Accou

XERO 328
article thumbnail

A more intelligent digital transformation for AP

Accounting Today

AP 325
professionals

Sign Up for our Newsletter

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

article thumbnail

5 Tips for Building the Ideal FinTech Stack

Sage Intacct

The SaaS finance tech stack is one of the most powerful tools for a company's accounting department. Simply put, a fintech stack is the automation that Controllers and their teams use to optimize and streamline your accounting workflow in billing, invoicing, payables, and reconciliations.

Billing 105
article thumbnail

19 Best CFO Dashboard And KPI Examples For 2022

CloudZero

Your job as a Chief Financial Officer (CFO) carries a lot of weight, regardless of the size and industry of your organization. Among other responsibilities, you are directly accountable for ensuring your company's financial health by providing accurate, up-to-date, and actionable insights.

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

Introducing start and end times in Xero Me

Xero

We’re really excited to share that in the weeks ahead, we’re rolling out new functionality in the Xero Me mobile app that will let employees record their start, end and unpaid break times. This new feature will help you keep accurate payroll records and save time on manual processes such as chasing timesheets or reviewing information before doing payruns in Xero.

XERO 279
article thumbnail

Democrats introduce bill to provide free tax filing through IRS

Accounting Today

Billing 321

More Trending

article thumbnail

Cloud Spend Is Now A Board-Level Issue, Survey Finds

CloudZero

According to Gartner , organizations spent $410.9 billion on cloud services in 2021. In the same year, executives estimated that as much as 30% of their cloud spend was wasted. That’s an aggregate $123.27 billion of waste — money that could go toward innovation, or that could help insulate companies from one of the worst market downturns in years.

98
article thumbnail

Introducing an improved Xero status page experience

Xero

When the products and features you use aren’t working as they should, we know it’s really important to be able to access information about what’s happening and why quickly. We’ve recently made some changes to the way Xero’s status page works for that reason, to ensure the information you receive is more consistent, accurate and valuable. Now, when you access Xero’s status page, things will look a little different in both how the information is grouped, as well as the content of the update itself

XERO 264
article thumbnail

5 critical KPIs and why they matter

Accounting Today

article thumbnail

Why Advertising Agencies Must Automate their Payables End-to-End

IPS

The importance of digitizing media payables end-to-end cannot be underestimated.

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

12 SaaS Renewal Best Practices To Ensure Profitability

CloudZero

This is no secret to you. It costs up to seven times more to attract a new customer than to keep an existing one. Upselling an existing customer is also easier than upselling to a new one. So, keeping customers will increase your revenue and profitability.

97
article thumbnail

Why now is a great time to try new reports in Xero

Xero

Last year, we announced that we had started upgrading the technology that underpins the Xero platform, so our teams can build new features faster than ever before. Today, we’re excited to share that we’ve hit a significant milestone on that project when it comes to reporting in Xero. We’ve had two versions of our reports for a while now — the older version and our ‘new’ reports.

XERO 264
article thumbnail

IRS to test video visits with preparers to curb tax credit errors

Accounting Today

Tax 290
article thumbnail

Middle Market Continues Push for Technology Investments, Data Shows

AvidXchange

We’re living in a complex business environment, adjusting from pandemic disruptions and dealing with newfound challenges, including a record-high labor shortage, supply chain disruptions, inflation, a war in Ukraine and a forecasted recession. Based on our data and research, middle market companies are leaning into technology investments to help absorb the blows.

AP 52
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

More Money for AI Accounting Startups

Cloud Accounting Podcast

Sponsors OnPay: [link] Freshbooks: [link] LedgerGurus: [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 5:47 – Karbon’s 2022 Practice Excellence Report [link] 17:59 – 76 Fake Charities Shared a Mailbox. The I.R.S. Kept Approving More. - The New York Times [link] 76 Fake Charities Shared a Mailbox.

article thumbnail

We asked three accountants what they’re most looking forward to at Xerocon London 2022

Xero

Xerocon London is almost here. With a packed agenda boasting everything from top-notch keynotes to brilliant breakouts as well as a whole host of other activities to take part in, including on-the-ground haircuts and coffee and cream chillout zones, we can’t wait to welcome you back. . Most important, however, is the chance for us to gather together again without the need for screens, webcams and time spent figuring out your best Zoom angle.

XERO 246
article thumbnail

Tax reform had little impact on curbing CEO pay practices

Accounting Today

Tax 290
article thumbnail

How the Commercial Real Estate Industry Can Respond to Staffing Shortages

AvidXchange

As the commercial real estate (CRE) industry bounces back from the pandemic, a new set of challenges rears its head. Supply chain disruptions and the war in Ukraine have led to historical spikes in the price of building materials and energy. There’s growing concern over a possible recession, and there’s a pressing labor shortage that’s making it tough to weather the storm.

AP 52
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

Scaling Startup Finance with David Wieseneck

Earmark Accounting Podcast

Many thanks to our sponsor, ApprovalMax, for making this episode possible! To learn more about ApprovalMax, please visit their website: [link] Sign up to get free CPE for listening to this podcast [link] Download the Earmark CPE App Apple: [link] Android: [link] Connect with Our Guest, David Wieseneck, VP Finance, Demostack LinkedIn: [link] Twitter: [link] Learn more about Demostack [link] Connect with Blake Oliver, CPA LinkedIn: [link] Twitter: [link] Today, we're talking about scaling startu

XERO 40
article thumbnail

Community, care and collaboration: Why I can’t wait for my first Xerocon London

Xero

Xerocon London 2022 is almost here, and I can’t wait to see you all during my first time at this amazing event. After a long break, we’ll be back with a bang – even if this year will be a little different, with an iconic new venue, a height-of-summer date, and even more to look forward to. . But what will remain the same is the incredible sense of community, care and collaboration that the event has always inspired.

XERO 243
article thumbnail

Nonprofits facing financial stresses

Accounting Today

article thumbnail

Technology Solutions for a Short-Staffed Media Industry Dealing With an Increase in Work

AvidXchange

Despite the economic downturn, the media industry remains red hot and is expected to see another stellar, record-breaking year. As ad spending continues to climb, media buying and advertising agencies take on more, increasingly complex work. As a result of The Great Resignation and an unrelenting labor shortage, there are fewer people to do the work.

AP 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

Training Future Credit Leaders: Extra Credit

NACM

?? Did you know. 46% of credit professionals describe their department's onboarding process as meticulously detailed and documented, while 27% describe it as learning on the fly or loosely documented. ? The onboarding process is one of the first steps in building future credit leaders! Listen to this week's episode of Extra Credit ?? to hear.

5
article thumbnail

Four tips for planning an amazing Xerocon London experience

Xero

After nearly three long years, Xerocon London is back, and may not be quite as you remember it. With a swish new venue and a summer date, we can’t wait to welcome you – whether you’re a Xero user, or a cloud accounting enthusiast – back for two days of insights, inspiration and networking. . With a schedule packed with exciting things to do, from keynotes to exhibitors, breakout sessions and, of course, a much-anticipated party, you might be wondering how you can make the most of the event.

XERO 241
article thumbnail

IRS updates guidance on tax deduction for energy-efficient buildings

Accounting Today

Tax 278
article thumbnail

AvidPay Makes ‘Daunting Payment Task’ More Efficient for Real Estate Company

AvidXchange

Beginning in 2013, Illinois-based Providence Management Company started using AvidPay from AvidXchange to automate AP processes and payments. By doing that, the company sped up payments and lowered costs by eliminating paper check printing, envelopes and the costs of postage. During the past few years, Providence Management searched for the best automated accounts payable (AP) software to process its payments.

AP 52
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

Inflation Surges to New Record in June

NACM

U.S. inflation reached another 40-year high in June as gas, food and rent costs continues to climb. Prices increased 9.1% year over year, up from 8.6% in May, and surpassing the estimates of many economists who thought inflation peaked."There may be some relief in the July numbers—commodity prices have come off the boil, at least—but.

5
article thumbnail

Ep. 190: Gordon Graham - The Ethics and Risks of Whistleblowing

IMA's Count Me

Connect with Gordon: www.intrepidbrotherhood.com Full Episode Transcript: Adam: (00:06) I'm Adam Larson and welcome to Count Me In, the podcast that explores the world of business from the management accountant's perspective. Today, we are talking to author Gordon Graham about his memoir, the Intrepid Brotherhood: Public Power, Corruption, and Whistleblowing in the Pacific Northwest.

article thumbnail

IRS chief set to testify behind closed doors on Comey, McCabe audits

Accounting Today

Auditing 279
article thumbnail

How to Offset the Construction Staffing Challenges with AP Automation  

AvidXchange

By the end of 2025, the Infrastructure Investment and Jobs Act will have created 461,000 new construction jobs. That’s an opportunity for nearly half a million people, but what happens if there aren’t enough workers to take the jobs? It’s a question that weighs heavy on the minds of construction firms, general contractors and subcontractors. In a press release from the Associated Builders and Contractors (ABC), ABC Chief Economist Anirban Basu said: “The workforce shortage is the most a

AP 52
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