2019

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6 Tips for Accounts Payable Interview Success

AP Association

If you’ve recently lost your job , or are looking for a new role, and you have finally been able to get an interview at a great company, in the accounts payable department, and now it is time to prepare yourself. Preparation really is the key to success, especially when it comes to interviews. If you have some pre-thought out answers up your sleeve, you won’t feel put on-the-spot when a difficult question comes up.

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Will Your Business Disrupt—Or Be Disrupted?

Sage Intacct

“Digital transformation” may sound like a buzzword, but the drivers behind it are very real. In an era where technology is reshaping businesses and industries, companies that harness technology can reap big advantages over those that don’t. Businesses must first determine how to adapt their businesses for the digital age and then put technology to work to bring these changes to life.

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Season’s Greetings from Acton Accounting and Bookkeeping Inc.

Acton Accounting & Bookkeeping

Happy Holidays from Acton Accounting and Bookkeeping Inc. Wishing you a joyous and safe holiday season, and a happy New Year 2020! We would like to inform our clients that our office will be closed on December 24, December 25, December 30, and December 31, 2019, as well as January 1, 2020. If you require our services for filing your 2019 T1 personal tax returns in the spring, please remember to forward your documents and/or book your appointment with us ASAP.

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Tax Advisor vs Accountant

Billah and Associates

An accountant and a tax advisor both serve specific financial requirements and they are certainly not the same. You need to choose one of them based on your financial requirements. Each of them has different roles to play to ensure efficient personal and corporate financial management. Tax Advisor vs Accountant – Understand the Differences In order to make the selection, you must know the primary difference between a tax advisor and an accountant and their work.

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If It Ain't Broke, Don’t Fix It: A Dangerous Mindset

Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

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Receipt Bank Exchange Australia is back for 2020

Dext

Receipt Bank Exchange Australia is back! Last year, we took a select group of accountants and bookkeepers on an exclusive three-day retreat. In between tours of the Daintree rainforest and sunset cruises, we were treated to talks by co-founder Alexis Prenn and keynotes by world surfing champion Layne Beachley.

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Aug 24, Plooto Workflow | QBO Integration

Bookkeeping Essentials

Automate sending and receiving payments online with a Plooto workflow. Seamlessly integrates with QBO. Dual stage authorization. $25 per month monthly fees introduced effective August 31, 2019.

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DME-ACH IAT format

SAP Accounts Payable

Payment files are generated using Automatic Payment Programs. These files are then encrypted and transferred to the bank. ESB picks up these payment files from SAP folder and shares the same with the bank through MIM job. Bank reads the payment files only in format specified by the bank itself. DME stands for “Data Medium Exchange.” To use DME, payment medium workbench is used.

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Making the Case for Better B2B ePayment Processing

AvidXchange

New fintech trends are constantly emerging. This can make it difficult to determine which ones are necessary and which are simply “nice to have.” But as businesses begin to scale for growth and eliminate paper, automated bill payment software and e-payments are proving to be essential for a simple, swift and secure payment pipeline. Why Businesses are Hesitant to Implement E-Payments Businesses are hesitant to automate for a handful of reasons.

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Webinar: Building AWS Cost Metrics into Your Monitoring Strategy

CloudZero

Thanks to infinitely scalable infrastructure, containers, and Serverless computing, companies can now build in record time with fewer resources. However, with this on-demand purchasing power often comes runaway spending, with bills coming at the end of the month with unpredicted and hidden costs. While engineers aren’t setting out to build expensive applications, they lack the data they need to make decisions based on cost.

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Ep. 38: Steve McNally - Business Transformations

IMA's Count Me

Steve's Articles: [link] [link] FULL EPISODE TRANSCRIPT Adam : (00:00) Hey everyone, this is Count Me In, IMA's podcast about all things affecting the accounting and finance world. I'm your host, Adam Larson and I'd like to welcome you back to another episode filled with valuable insight from an industry leader. Steve McNally is a CFO, board director and thought leader who joined Mitch to talk about business transformations.

CPA 40
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Business Travel Expense Strategies for Everybody

Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.

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Interview Guidance for Accounts Payable Professionals

AP Association

In this career article we provide clear guidance on all aspects of an interview, covering preparation for, travelling to, what to do during and what to do after the interview… Finding jobs to apply for Finding any “old” job to apply for is not too difficult but finding the perfect job, well, that can be a lot more challenging! There are many ways to find AP related jobs; these include recruitment agencies, newspapers and magazines, social media and the best way of all through the APA jobs li

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3 Experts Advise on How to Integrate Salesforce CPQ with Cloud Financials

Sage Intacct

As firms purchase Salesforce CPQ to bring efficiency and controls to their quoting process, they look for ways to streamline entering order information into their financial system. Particularly with land-and-expand subscription business models, they need to track upsells and renewals against the performance obligations from the original sale, in order to track and increase CLTV.

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Should you buy Bill.com stock?

Cloud Accounting Podcast

Sponsors OnPay: [link] OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer! Show Notes 01:59 – What’s in a name? Ask Richard Kopelman , CEO of Aprio | Aprio 04:07 – The U.S. can’t seem to tear itself away from using paper checks, but Australia can!

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Hire the Right Bookkeeper for Your Startup Company

Billah and Associates

What is the right time to hire a bookkeeping service provider? Preferably, you need some experienced personnel to handle your financial day-to-day tasks immediately after you start your new business. Having a professional bookkeeper can ideally help you concentrate on running and developing your startup and focus more on what you are best at. Yes surely, bookkeeping can be managed without the need of having an external team of bookkeepers.

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4 Things Great Companies Do to Improve Cash Flow

Speaker: Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

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What’s New In Receipt Bank: May 2019

Dext

Ready for what’s new in Receipt Bank? This month, we brought the full power of Match and Missing Paperwork for Sage users, released Bank Accounts and made the look and feel of line items just that little bit better.

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Apr 26, Chrome Browser Features | QBO Workflow

Bookkeeping Essentials

Tips on how to optimize Chrome browser features for cloud accounting software like QBO (QuickBooks Online) and other cloud accounting related software. You need to know this stuff if you are using QBO!

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Updates in Price Transparency Include Hardwired Care Coordination

MediRevv

CMS Administrator Seema Verma recently announced the proposed calendar year 2020 Physician Fee Schedule. This plan has overhauled the way physicians are paid to help address the growing number of patients who have multiple chronic diseases.

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5 Easy Steps to Add New Line Item Fields to FBL1N

SAP Accounts Payable

Introduction: A common request from users of FBL1N (Vendor Line Items) is to include additional columns of data in the “Column Set” that can be selected when creating or maintaining a line layout variant. These requests come when neither the base list nor the special fields list have the data needed; i.e., user needs data from another table.

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The Financial Leaders Playbook: How To Deliver Insight, Oversight, And Foresight

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

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The Future of the CFO

AvidXchange

The role of the CFO is continuously evolving. While leading financial planning and risk management for their organizations remains paramount, today’s CFOs are also taking on a more strategic role in keeping the business ahead of its competition. Not everyone is prepared for this shift. A study conducted by Forbes and KPMG found that a third of CEOs believe their CFO lacks the right skills to support strategic planning.

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AWS Savings Plans Shake up Cloud Cost Optimization Industry

CloudZero

Last week, Amazon announced the end of the reserved instance, commonly known as the “RI”, with the announcement of their new replacement, “ AWS Savings Plans ”. Amazon has been dropping hints for a while that they were heading in this direction, in particular their September announcement stating that all instance type limits would now be based on vCPUs, a move which laid the groundwork behind the scenes for savings plans and most likely a whole lot more that we have yet to see.

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BONUS | Dennis Whitney - CMA Exam and Certification

IMA's Count Me

IMA: [link] CMA: [link] Exam Changes: [link] FULL EPISODE TRANSCRIPT Mitch : (00:05) Welcome back for another bonus episode here on Count Me In, IMA's podcast about all things affecting the accounting and finance world. A major consideration for accounting and finance professionals today is certification and continuing education related to their jobs and responsibilities.

CPA 40
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5 Accounts Payable Trends to Focus On (for the rest of 2019)

AP Association

Staying ahead of the game in the accounts payable industry means ensuring that you are up to date with current trends and advancements. With technology constantly evolving and an increased amount of pressure to cut costs wherever possible, it is all too easy to find yourself missing out on useful prospects that will make your work life that little bit easier.

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How to Select the Perfect Payments Partner: 7 Keys for Sustainable Growth

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

Join Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms for an informational webinar about how to select the ideal payments provider for your platform! This session highlights the 7 key criteria for assessing payments partners and maximizing the value of your investment. From evaluating technology and business development programs to understanding support and compliance, this webinar will equip you with a comprehensive evaluation framework and strategy for

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Ready, Set, Grow: Future-Proof Your Business with Cloud-Based Financials

Sage Intacct

Technological change is accelerating at a frenetic pace—and with dramatic impact. It’s reshaping customer expectations, employee requirements and attitudes, and disrupting business practices, models and entire industries.

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CPA licensure evolves at an evolutionary pace

Cloud Accounting Podcast

Sponsors OnPay: [link] OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer! Show Notes 01:57 – The gentlemen discuss a big reveal at the Digital CPA Conference – a proposed revamping of the CPA licensure model and what it could mean!

CPA 40
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Advantages of Using Bookkeeping Service for Your Business

Billah and Associates

Should you Hire a Bookkeeper or Accountant? Owning a huge enterprise and running it smoothly are two completely different concepts. Even if you are lucky enough to have a huge amount of capital and plenty of loyal customers, you would not be able to take it forward without efficient bookkeeping skills. 5 Top Advantages of Using Bookkeeping Service for Business Bookkeeping is an inseparable part of a business and every entrepreneur should be aware of it.

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That’s A Wrap! 6 Highlights of Receipt Bank Exchange Australia 2019

Dext

This year, Receipt Bank did a company-first. We took a select group of Australian partners away from their desks for an immersive learning experience, to share best practices to help them continue to build their firms. The experience took place at the Sheraton Grand Mirage Resort in Port Douglas for three days.

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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

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Mar 7, Place of Supply Rules For GST & HST

Bookkeeping Essentials

Effective May 1, 2010, the place of supply rules for IPP and services changes. They are now based on customer location. New QST rules for non-residents went into effect in 2019. Learn about online sales, out-of-province sales, non-resident sales.

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[Slide Share]: There's no GPS to help your patients on their financial journey through healthcare

MediRevv

Imagine if your patients were armed with all the tools and resources they needed to make informed decisions on their healthcare choices and billing options. The focus on surprise medical bills and patient loyalty has been in the news recently, along with how high-deductible health policies are linked to delayed diagnosis and treatment.

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How Automation is Changing Financial Services – SAP Business Entity Recognition

SAP Accounts Payable

By Ivona Crnoja and Nik Sacher. New artificial intelligence technologies are in the process of fundamentally transforming the financial services market. Over the past years especially the financial sector has recognised the economic benefits of artificial intelligence – gaining new insights from existing data to optimise credit decisions and improve financial risk management, automating business processes that previously only worked with manual human intervention and improving the customer

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4 Reasons ePayments are Critical to the Future of B2B Commerce

AvidXchange

It’s no secret the B2B market is years behind B2C desires and demands. While consumers are trusting technology to manage their money, businesses are still counting on checks and manual processes to pay for products and services. In fact, PayStream Advisors ePayments Report shared that 46% of businesses still rely on printed checks to pay suppliers. Even though checks and manual processes may seem effective and easy to manage, there are many reasons why they aren’t the most effective choice. 1.

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3 Steps to Successful & Strategic Year-End HR Planning

Year-end can be a hectic time for HR professionals, but with proper planning and organization, you can navigate it smoothly. Learn the main watch outs for year-end HR prep with Paycor’s helpful checklist covering employee data, wage and tax information, and special situations. Ensure compliance and efficiency by downloading today!