Sat.Sep 03, 2022 - Fri.Sep 09, 2022

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Cash flow crunch: The red flags impacting small business cash flow

Xero

It’s so fantastic to bring Xerocon back to Sydney. Having the opportunity to meet and connect with partners from Australia, New Zealand and Asia has been really great – and we’re only just getting started! I’m looking forward to two full days of keynotes, breakouts and partner sessions – and, of course, the Xerocon wrap party at Luna Park! . Today, I am thrilled to launch part two of our Xero Small Business Insights special report Crunch: Cash flow challenges facing small businesses.

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IRS continued to delay business tax refunds from pandemic

Accounting Today

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Helpful Google Cloud customer success stories and cost optimization advice

FinOps in Practice

While no one will be surprised by today’s growth in the cloud and the investment and the costs businesses are putting toward cloud usage, the statistics are telling. A newly released report , “Cloud Computing Market Research Report by Workload, Service Model, Infrastructure, Solution, Organization Size, Industry, Deployment model, Region” conducted a global forecast through to 2027, keeping the impact of COVID-19 in mind.

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Give Your Executive Team the Metrics They Need to Succeed

Sage Intacct

CFOs should use metrics to intelligently shape and inform their strategies regardless of their industry. But when your industry moves at breakneck speeds as it does for SaaS companies, the metrics, and your visibility around them, become more than helpful. They become indispensable to creating a shared consciousness on the direction of the business.

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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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Partnering with Cogo to help small businesses take positive climate action

Xero

Part of Xero’s approach to sustainability includes helping our partners, customers and other small businesses on their sustainability journey, by providing education and resources about how to operate in socially and environmentally responsible ways. We’ve heard from small businesses that they want to operate more sustainably, but many don’t know where to start.

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IRS exposed about 120K people's information online

Accounting Today

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More Trending

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6 Ways to Build a More Effective SaaS Finance Team

Sage Intacct

If they're being honest with themselves, any successful SaaS company will probably admit that their CFO had a large hand in their good fortune.

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Simplifying people processes in the changing world of work

Xero

Today, we launched our Changing world of work reports for Australia and New Zealand. Through this research, conducted in partnership with Lonergan Research, we found that managing employee processes is negatively impacting the mental health of almost half of Australian employers and more than a third of New Zealand employers. The reports shine a light on the workforce challenges that your clients face, the workplace experiences of their employees, and the critical role of technology in this chan

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Tax lessons from Charlie Sheen

Accounting Today

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How to Increase Productivity Without Increasing Headcount

AvidXchange

The construction industry has the potential to boost its value by an impressive $1.6 trillion, but companies also face mounting pressures to stay competitive while keeping tight control of rising costs. Manual processes are no longer cutting it, and any organization hoping to reach that potential needs to adopt efficiencies that will enable them to do more work in less time without tacking on a ton of extra overhead.

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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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Rising Paper Statement Costs and the Switch to Mobile Patient Payments [Infographic]

SSI Healthcare Rev Cycle Solutions

Rising Paper Statement Costs and the Switch to Mobile Patient Payments [Infographic]. September 9, 2022. The infographic below explores what’s causing the significant increase in the cost of paper statements, and how switching to a mobile patient payment platform can positively impact your organization. Has your cost to run paper patient statements significantly increased in the past six months?

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That’s a wrap at Xerocon Sydney

Xero

Today, we wrapped up Xerocon Sydney, the third and final Xerocon for this year. Over the last two days we have come together with over 3,000 of our Aussie, Kiwi and Asia-based accounting and bookkeeping partners, app partners and Xeros to get inspired, to learn and most importantly to reunite as a community. It’s been three years since our last Xerocon in this part of the world and we enjoyed every minute of being together again.

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IRS approving most NOL carryback claims with little vetting

Accounting Today

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Collection Process Control Best Practices: How to Improve the Control of the Collection Process

Gaviti

The collection process significantly impacts cash flow at your business. Is it any wonder financial professionals spend so much of their time monitoring and controlling it? Over time, this has led to a set of accounting control best practices. These efforts at collection control have yielded the best results for organizations around the world. Before applying them, remember that each business is different.

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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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Operational Excellence: Move Payroll to the Cloud

dynavistics

Achieving Operational Excellence : Moving Payroll to the Cloud. During the past couple of decades, an increasing number of business applications began moving to the cloud. Driven by a combination of lower costs, increased computing power, and faster connections, cloud-based platforms became a cost-effective way to support a growing organization. As with any emerging technology, however, there were some holdouts.

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App Partners of the Month: Xerocon New Orleans 2022 special edition

Xero

Xero connects with over 1,000 apps that help small businesses and their advisors succeed, check out the Xero App Store. Each month we celebrate an app partner who stands out for helping small businesses thrive. Find out more about becoming a Xero app partner here. Xero recently hosted Xerocon New Orleans , one of the most anticipated events on the calendar for cloud accounting leaders.

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Xero releases carbon footprint tracking app

Accounting Today

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Start Using Azure Reservations!

Azure FinOps

We’re now at a point in the still unfolding history of cloud computing when serious questions are being asked about cost which has led to the rise of FinOps as a practice area. Only a few years ago, during what we might call the ‘gold rush’ phase, large organizations, once they moved past ‘no cloud’ policies, adopted what was essentially a no cost too high phase.

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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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Dunning Process: How Do You Know What’s Working or Not

Gaviti

When run correctly, your dunning process will capture lost revenue and ensure clients pay on time. It’s a standard accounts receivable process that every company will need to contend with at some point. Unfortunately, this is one area where many companies struggle. Although simple on paper, a dunning process can be surprisingly complex, and it’s often difficult to tell which aspects are working and which aren’t.

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Developing a Cutting Edge Sales Tax Practice for Ecommerce

Earmark Accounting Podcast

Thanks to Our Sponsors! Accountests: [link] Dark Horse CPAs: [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 Guests Brittany Brown: [link] Kexin Smith: [link] Learn more about LedgerGurus [link] LedgerGurus University [link] Connect with Blake Oliver, CPA LinkedIn: [link] Twitter: [link] Learn how to build a productive and profitable sales tax practice for your accounting firm from Brittany Brown an

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PwC partners with Monitaur to advance AI ethics

Accounting Today

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Start Using Azure Reservations!

Azure FinOps

We’re now at a point in the still unfolding history of cloud computing when serious questions are being asked about cost which has led to the rise of FinOps as a practice area. Only a few years ago, during what we might call the ‘gold rush’ phase, large organizations, once they moved past ‘no cloud’ policies, adopted what was essentially a no cost too high phase.

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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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Ep. 198: Leah Wietholter – Following the money with a forensic accountant

IMA's Count Me

Connect with Leah Workman Forensics Full Episode Transcript Adam: Welcome to Count Me In, the podcast that explores the world of business from a management accountants perspective. My cohost Rouba Zeidan spoke with our special guest Leah Wietholter. Leah is a certified fraud examiner and the author of the new book Data Sleuth: Using Data in Forensic Accounting Engagements and Fraud Investigations.

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10 song titles reworked for accountants

Accounting Fun

2 4 6 8 what do we depreciate?

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Accounting firms react to passing of Queen Elizabeth

Accounting Today

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Women–Owned Small Business and Federal Contracting

SMB Accounting and Consulting

by Chris Poponak – SMB Government Compliance Analyst. According to Samson Haileyesus (smallbiztrends.com,) women entrepreneurs own nearly half of all business enterprises in the United States. These same businesswomen employ almost nine-and-a-half million workers, and they generate nearly two trillion dollars in revenue across all industries. Also, according to Haileyesus, “most women-owned firms are small businesses with the top employment industries being health care; accommodation and food se

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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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Three key takeaways from our Xerocon Sydney blockchain session

Xero

When it comes to understanding practical opportunities for up and coming decentralised technologies like blockchain, cryptocurrencies and smart contracts – there’s a lot to take in. Add in the potential challenges that businesses might have incorporating these offerings in the future, it’s no surprise that there are more questions than answers among our community.

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4 accounts payable tips for small businesses

AP Association

Accounts payable is an essential component of any small business's accounting processes. Your business's accounts payable department maintains a record of all the money you owe to suppliers and other creditors. A well-functioning accounts payable department will help you ensure that you pay any money you owe to other individuals or businesses as promptly as possible and in line with any payment arrangements you might have with individual creditors.

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Marcum and Friedman complete merger

Accounting Today

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Podcast: Fraud in B2B Credit Management

NACM

?? This week's episode of NACM's Extra Credit #podcast is all about fraud. Credit departments have reported an increase in attempts to setup fraudulent accounts, and fraud can even take place during your product's journey to the customer. Learn how to spot fraud before it happens at every step of the order to cash process.

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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.