Sat.Nov 23, 2024 - Fri.Nov 29, 2024

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Adapting to E-Invoicing Mandates: Benefits of Invoice Automation

Ascend Software blog

As governments worldwide move toward mandatory electronic invoicing (e-invoicing) systems, businesses are facing a new challenge: adapting their processes to comply with these regulations. At Ascend, we believe that while the transition to e-invoicing may seem daunting, it presents a significant opportunity for businesses to streamline operations, reduce costs, and improve financial accuracy.

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Mastering B2B Payment Negotiation Strategies for New Business Owners

Enterprise Recovery: Accounts Receivable

One of the most challenging parts of starting a business or working independently is deciding on your rates. After that, you must negotiate contract terms with your clients, including asking to get paid for your work. Navigating the complex world of B2B payments can be daunting for business owners, but mastering effective negotiation strategies can ensure you always get paid for your hard work.

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How to Automate the Collection Process to Eliminate Manual Tasks

Gaviti

The sooner your business collects on its invoices, the lower your financial risks and the better your financial position. That means your accounts receivable team will want to do everything in its power to increase cash flow and reduce your DSO. One of the fastest ways to do this is via collections process automation to streamline the A/R process, eliminate manual tasks, and ensure timely follow-up with customers. 6 Steps to Automate Payment Collections for Your Business Smoothly Once your compa

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Final regs issued for clean energy partnership credits

Accounting Today

Entities that co-own clean energy projects can access clean energy tax credits through elective pay, according to the IRS.

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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You wouldn’t keep using a 2009 flip phone - so why settle for outdated close processes?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.

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Oracle Cloud Supports FOCUS to Level the Playing Field

FinOps Foundation

Key Insight: Oracle is partnering with other clouds and investing in FOCUS to meet customers where they are. At FinOps X in San Diego in June 2024, J.R. Storment , Executive Director of the FinOps Foundation, sat down with Phil Newman , VP of Product Management at Oracle, to talk about FOCUS and to ask Phil what he thinks the Future of FinOps will look like.

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Leverage FP&A for Smarter Financial Planning

Accounting Department

For any business owner, prioritizing the company’s future is essential. Financial planning plays a crucial role in this, enabling business owners to drive growth and broaden their operations. If a business owner hasn’t focused on this aspect, they need to understand what it is, what it does, and how it differs from regular accounting. What Is FP&A?

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How To Maximize Medicare Reimbursements

RevCycle

Medicare presents both opportunities and challenges for healthcare providers, with reimbursement management being the primary focal point. With complex regulations, evolving policies, and an intricate reimbursement structure, maximizing Medicare reimbursements is critical for the financial health of practices, clinics, and hospitals. In this blog post, we’ll explore practical strategies healthcare providers can use to optimize their Medicare reimbursements.

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Top 10 Automated Invoicing Software to Simplify Your Business Finances

Invoicera

Picture this: You’ve got stacks of invoices, working with numbers again and again, and facing constant payment issues. It is a stressful routine that demands time and is not very much fun. But what if there was a way to have your invoicing easy to design and even easier to send out? Automated invoicing software is the secret tool that every business should be using.

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Why Transparent Pricing Matters in Account Migration Services for Small Businesses in Singapore

Counto

Why Transparent Pricing Matters in Account Migration Services for Small Businesses in Singapore As a small business owner in Singapore, you know that efficiency is key, especially when it comes to managing finances. Migrating your accounting system is a major decision that can impact the future of your business. One crucial factor that will affect the success of your migration is transparent pricing.

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What is a Vendor Portal and Does Your Business Need One?  

AvidXchange

A vendor portal is an online platform where suppliers interact with a company’s procurement and finance teams. Also known as a supplier hub, having one can help your company streamline tasks like order management, invoice submission, and payment tracking. By centralizing communication, a vendor portal is designed to enhance efficiency, improve transparency, and reduce manual errors, fostering strong supplier relationships and accelerating the payment process.

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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.

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How to automate Accounts Payable using LLM-Powered Multi Agent Systems

Nanonets

Introduction In today’s fast-paced business landscape, organizations are increasingly turning to AI-driven solutions to automate repetitive processes and enhance efficiency. Accounts Payable (AP) automation, a critical area in financial management, is no exception. Traditional automation methods often fall short when dealing with complex, dynamic tasks requiring contextual understanding.

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Top 10 Custom Invoicing Software Solutions for Your Business

Invoicera

Let’s be honest: invoicing can be a headache. Between branding, tracking payments, and manual processes, small and medium business owners can easily get overwhelmed. So why does invoicing have to be such a stressful process? Welcome custom invoicing software , which solves all your billing troubles. Tools like these not only let you generate invoices but also convey your brand’s tone, make complicated processes easier, and integrate with other applications you rely on.

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How to Simplify Account Migrations for Small Businesses in Singapore

Counto

How to Simplify Account Migrations for Small Businesses in Singapore For small businesses in Singapore , migrating to a new accounting system is a crucial yet often daunting task. The transition from one platform to another can impact daily operations if not handled efficiently. However, with the right a ccounting services and approach, account migrations can be streamlined, ensuring minimal disruptions and maximum accuracy. 1.

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How to Simplify Client Document Requests Using Digital Management Tools

LedgerDocs

Managing bookkeeping documents can feel like an uphill battle, especially when it comes to collecting documents, receipts, invoices and bank statements from your clients. The endless back-and-forth of emails, phone calls, and manual reminders needed to get just one document in your inbox can really begin to eat away at your productivity. This is where our document management system for accountants and bookkeepers comes in.

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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.

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Best Veryfi OCR alternatives for data extraction

Nanonets

Veryfi is a popular OCR tool known for its speed and accuracy in data extraction. While its free mobile app and API integration make it flexible for many users, its limitations, such as a 15-page processing cap and strict API rate limits, can hinder large scale document processing.  For businesses needing more flexible, advanced document processing solutions, exploring alternatives to Veryfi is essential.

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What Is the Chargeback Process?

oAppsNet

If you’ve ever run an online business, you’re probably familiar with chargebacks. They can be a headache, but they are a critical mechanism in the payment ecosystem, designed to protect consumers from unauthorized or problematic transactions. Understanding the chargeback process is essential for merchants who want to minimize financial losses, protect their reputations, and ensure smooth operations.

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Understanding Account Migration Fees: Essential Insights for Small Business Owners in Singapore

Counto

Understanding Account Migration Fees: Essential Insights for Small Business Owners in Singapore As a small business owner in Singapore, migrating your accounting system or switching accountants may feel overwhelming. Whether you’re moving to new software or seeking fresh expertise, understanding account migration fees is key to making an informed decision.

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8 Beautiful CFO Dashboards that Will Make Your Life Easier

finout

What Is a CFO Dashboard? CFOs in modern organizations face numerous challenges, including managing increasing volumes of data, balancing short-term financial health with long-term strategic goals, and responding swiftly to market changes. The complexity of global operations, regulatory requirements, and the demand for detailed financial reporting add layers of difficulty to their role.

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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.

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Build Your Own OCR Engine for Wingdings

Nanonets

Optical Character Recognition ( OCR ) has revolutionized the way we interact with textual data in real life, enabling machines to read and interpret text from images, scanned documents, and handwritten notes. From digitizing books and automating data entry to real-time text translation in augmented reality, OCR applications are incredibly diverse and impactful.

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Capital One Spark Cash Select Review

Fit Small Business

Editorial and Partnership Disclosure The card_name is a straightforward, low-cost cash-back card for business owners, offering unlimited 1.5% cash back on all purchases with $0 annual and foreign transaction fees. Designed for easy recordkeeping, it allows you to download purchase records compatible with popular accounting software. If you wish to compare one card over another, The post Capital One Spark Cash Select Review appeared first on Fit Small Business.

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What F&B Entrepreneurs Need to Know About Incorporating a Bar or Pub in Singapore

Counto

What F&B Entrepreneurs Need to Know About Incorporating a Bar or Pub in Singapore Opening a bar or pub in Singapore presents exciting opportunities for F&B entrepreneurs, but it also involves navigating a number of regulations. To ensure your bar operates smoothly and legally, it’s crucial to understand the key aspects of business incorporation , including the necessary licensing, regulatory compliance, and business structure decisions.

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Top 10 Margin-Improving FinOps KPIs: A Technical Perspective on Cloud Cost Optimization

finout

At Finout , we understand the complexity of cloud financial management at scale. As an enterprise-grade FinOps platform, we are designed to address the challenges of managing cloud infrastructure for organizations operating at massive sizes. Enterprises with sprawling multi-cloud setups, Kubernetes clusters, and thousands of ephemeral resources require robust tools and metrics to navigate the financial intricacies of the cloud.

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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

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Top Remote Accounting Candidates for Hire | November 27, 2024

accountingfly

Top Remote Candidates This Week Are you in need of remote accountants? Accountingfly can assist you! Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced remote accounting candidates without any upfront costs. Here are some of our top remote accounting candidates for this week. Sign up now to receive the full list of available top accounting candidates on a weekly basis!

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Valley Visa® Secured Business Credit Card Review

Fit Small Business

Editorial and Partnership Disclosure The Valley Visa® Secured Business Credit Card is designed for business owners looking to build or improve their credit. This secured card requires a cash deposit of 110% of your desired credit limit, up to $25,000. Cardholders benefit from a 0% introductory Annual Percentage Rate (APR) on purchases and balance transfers.

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How Counto’s Accounting Services Help You Save Money on Account Migrations

Counto

How Counto’s Accounting Services Help You Save Money on Account Migrations Migrating accounts can be one of the most challenging and costly tasks for any business, especially for small business owners. From transferring vast amounts of financial data to ensuring compliance with regulations, the process can feel overwhelming. The added cost of hiring multiple service providers or managing manual processes only makes it more stressful.

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DOGE Goes After TurboTax & Remote Work

Cloud Accounting Podcast

Blake and David discuss Trump's proposed Department of Government Efficiency (DOGE) and its potential impact on tax filing and federal remote work policies. They analyze the Pentagon's seventh consecutive failed audit and examine Intuit's ambitious plans to expand its enterprise offerings. The duo also explores a groundbreaking study showing ChatGPT-4 outperforming human doctors in medical diagnoses, highlighting AI's growing capabilities in professional decision-making.

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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

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How Xero is supporting digital transformation at Xeinadin Sittingbourne

Xero

We recently announced a strategic partnership with Xeinadin that builds upon years of working together. Ellie Redfern , Enterprise Account Manager at Xero, recently spoke with Symon Barkway , a partner at the Xeinadin Sittingbourne office and the area managing partner of the North Kent region, on his journey with Xero and why he’s passionate about helping other accounting firms embrace change.

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Guidant Financial Review

Fit Small Business

Guidant Financial provides funding solutions for small businesses and franchises. It’s perhaps most well known for its Rollover for Business Startups (ROBS) product, which allows retirement funds to be accessed tax- and penalty-free. However, Guidant Financial also offers other products and services, such as Small Business Administration (SBA) loans, unsecured loans, portfolio loans, and equipment.

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Incorporating a Beverage and Juice Bar Business in Singapore

Counto

Incorporating a Beverage and Juice Bar Business in Singapore The beverage and juice bar industry in Singapore presents a dynamic opportunity for entrepreneurs. With the city-state’s thriving demand for healthier lifestyle choices and unique dining experiences, starting a beverage business can be a rewarding venture. However, setting up your business involves understanding market trends, adhering to licensing requirements, and planning operations strategically.

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Notable 401(k) and IRA plan changes for 2025

Accounting Today

The IRS introduced changes to certain contribution limits to 401(k) and retirement plans for 2025, while some limits will remain the same.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

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.