Billah and Associates

DECEMBER 15, 2017

How Payroll Processing Services Can Help Your Business? Managing your company’s payroll can be a tedious task. Especially when you know that messing it up even slightly can cause a lot of trouble. In such cases, the best way to get the job done is to hire a professional payroll processing service. It will help you in many ways and ensure that this part of your business is taken care of.

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AvidXchange

DECEMBER 6, 2017

As an AP professional, you’ve probably already heard a lot about AP and payment automation. You’ve read news articles and whitepapers – attended a few webinars – and done some research on your own. You might even know of a competitor or colleague in the industry who has already embraced automation. Still, no matter how much of a no-brainer AP automation is for you, its myriad benefits are all for naught if you are unable to communicate them to your boss, who will likely be givi

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AP Invoicing Accounts Payable Accounts Payable 52

Bookkeeping Essentials

OCTOBER 31, 2017

There is nothing worse than being in the middle of an audit with the CRA or IRS and not having your paperless statements or bills you need because you didn't download the information!

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Billing Auditing 52

1st Step Accounting

AUGUST 29, 2017

The IRS highly targets the meals and entertainment deduction for audits. The reason being is that most business owners don’t understand what is truly deductible when it comes to eating out and other entertainment events. To make sure you understand the concepts, I will be breaking this subject down into 2 sections. Part 1 focuses on meals and part 2 on entertainment, even though they are usually intertwined.

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Tax Auditing Invoicing Accounting 52

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.

Accounting

Perficient - Accounts Receivable

AUGUST 25, 2017

Whether your professional life resides in an Accounts Receivable atmosphere or not, leadership is critical. A common misconception about collections or accounts receivable is that it’s strictly all about the numbers. While on the surface it may look like that, the reality is that leadership and communications experts are at work and the byproduct is the results.

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SAP Accounts Payable

FEBRUARY 27, 2017

The common pain areas in most of the industries are manual and time-consuming document processing business processes. This includes the processes like Accounts payable, Sales order processing, Accounts receivables etc. What if there is an option to transform the manual and time-consuming aspects of document processing into a digital and collaborative environment in order to increase the growth, productivity, and profitability.

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AvidXchange

NOVEMBER 22, 2017

The modern Thanksgiving holiday tradition can be traced back to a 1621 celebration at Plymouth in present-day Massachusetts. The 1621 Plymouth feast and thanksgiving was prompted by a good harvest. Pilgrims and Puritans who began emigrating from England in the 1620s and 1630s carried the tradition of Days of Fasting and Days of Thanksgiving with them to New England.

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Invoicing Accounts Payable Accounts Payable Data Entry 52

AvidXchange

NOVEMBER 8, 2017

Since the implementation of 2002’s Sarbanes-Oxley Act, most public companies need to submit their records for external auditing. Auditors check whether these records adhere to the standards specified in the Generally Accepted Accounting Principles (GAAP). Although compliance creates extra work for businesses, large-scale corporate scandals are much less likely to occur.

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Auditing Accounts Payable Accounts Payable AP 52

AvidXchange

OCTOBER 11, 2017

Like paper checks, the origin of the vertical filing cabinet is an unsolved mystery. I know, I know, it’s a concerning thought, but apparently, the filing cabinet just showed up one day and we all started using it without questioning its existence. That’s a little weird, right? According to the “Vertical Filing Cabinet” section of the Early Office Museum website, there’s some controversy as to when the vertical filing cabinet first appeared.

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Billah and Associates

SEPTEMBER 25, 2017

It’s that time of year again! Time to gather up your assorted tax documents and get them to your accountant. For many of us, this is a dreaded task. It can be confusing and overwhelming, especially if you’re self-employed or have a lot of income from investments. But it doesn’t have to be that way. At Billah and Associates Inc., we can help you compile your personal tax returns and then discuss the results with you over the phone.

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Tax Corporation Tax Accounting Accounting 52

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.

AvidXchange

SEPTEMBER 19, 2017

AvidXchange wants to make sure that you not only survive – but thrive – during your year-end closing process. That’s why we’ve organized a panel of financial thought-leaders and AvidXchange customers to share their personal best practices for a successful year-end closing. This live event, Tips & Tricks to Prepare for Year-End Close , will take place on September 21 at our new corporate campus located at the AvidXchange Music Factory.

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Billing AP Accounts Payable Accounts Payable 52

AvidXchange

SEPTEMBER 6, 2017

AvidXchange wants to make sure that you not only survive – but thrive – during your year-end closing process. That’s why we’ve organized a panel of financial thought-leaders and AvidXchange customers to share their personal best practices for a successful year-end closing. This live event, Tips & Tricks to Prepare for Year-End Close , will take place on September 21 at our new corporate campus located at the AvidXchange Music Factory.

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AvidXchange

SEPTEMBER 1, 2017

Electronic payments have emerged as one of the best ways to send money. Many businesses are choosing to use payment software because it is the easiest, cheapest, and most ideal payment method. In the old world of payments, your staff likely had to deal with paper checks that tend to be cumbersome, time-consuming, and expensive to process and manage.

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AvidXchange

AUGUST 28, 2017

AvidXchange is an industry leader in automating invoice and payment processes for mid-market companies. By now you may heard about our new 200,000 sq. ft., six-story corporate headquarters in Charlotte, but did you know we have several regional offices as well? You don’t have to live in the Queen City to take advantage of the amazing culture AvidXchange provides.

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Invoicing 52

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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.

AP

Perficient - Accounts Receivable

AUGUST 2, 2017

Good day and greetings from the Financial Services area. For those who have read my previous blog entries, I would like to communicate a warm thank you and I hope to keep engaging your interest. Even though I post under the category of Financial Services, I try to find a balance between business sensibilities but also try to inject some personality and perspective.

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AvidXchange

JULY 31, 2017

JP Nicols is a leading voice for innovation, strategy, and leadership in the financial technology (FinTech) industry. He is also a top-rated keynote speaker and advisor to startups and Fortune 500 companies. JP has been named to multiple lists as a top influencer and thought leader, including: FinTech influencers you should be following in 2017 (#15), Top FinTech Influencers in the United States of America (#5), and FinServ 25: The Most Influential Voices in Banking.

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1st Step Accounting

JULY 26, 2017

Traveling is a great way to see the world and share new experiences with the ones you love. If you follow this blog than you already know how to correctly write off your business travel expenses, if you haven’t read the post you can find it here. There is even a handy worksheet to help you manage those deductible expenses. However, saving money while traveling is even better than the getting the write off if you ask me!

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Accounting Accounting 52

Perficient - Accounts Receivable

JULY 27, 2017

Good day and welcome to my blog. Each and every company who has a customer base has a need for accounts receivable/collections personnel. For smaller companies, one person may wear many hats including the accounts receivable or collections department hat. For any business transaction that is not completed (paid) immediately, there is a follow-up process.

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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.

AvidXchange

JULY 20, 2017

Few things in the business world inspire as much concern as preparing annual budgets. Business unit managers often struggle with how the time-consuming process disrupts their daily workload and affects bonus calculations; executives worry about establishing differing figures across departments; and finance leaders grow tired of a process that often doesn’t lead to better spending decisions.

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AvidXchange

JULY 19, 2017

AvidXchange, a leading fintech provider of accounts payable and payment automation for midsize companies, has many customers in the nonprofit space. As such, we form strategic partnerships with organizations that work with nonprofits like @Pay, an express payment technology company that makes it easy to pay, give, or buy on a mobile device. For our nonprofit partners and customers out there, here are some best practices from @Pay’s CEO, John Killoran, for creating online donation forms.

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Accounts Payable Accounts Payable Collections Accounting 52

1st Step Accounting

JULY 11, 2017

Summer is here, and so is vacation season. I know, as a small business owner, it’s important to write off as many expenses as possible to minimize that tax bill, and this includes travel. Now, I have heard tons of misinformation about writing off vacations. Things like, “I can write off the entire cost of a trip for my whole family, even if I’m the only one away on business.

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Tax Billing Auditing Accounting 52

AvidXchange

JULY 10, 2017

At AvidXchange, we pride ourselves on creating a work environment that facilitates personal growth and inspires innovation while serving more than 5500 clients throughout North America. What does AvidXchange do? We’re an industry leader in automating invoice and payment processes for mid-market organizations spanning multiple industries, including Real Estate, Non-Profit, Financial Services, Energy, and Construction.

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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!

Accounting

1st Step Accounting

JUNE 15, 2017

It’s that time of year again when men with children are celebrated for being an inspiration in their lives. These fathers will get to lounge all day, get gifts of new ties and tools and relish in the fact that they are partly responsible for the little human beings running around this earth. This year I want to publicly celebrate my dad, Nkosi Akinlabi, by introducing you all to him.

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Accounting Accounting 52

AvidXchange

MAY 24, 2017

Recognized as one of the 50 fastest-growing private companies in the Charlotte area for the past four years, AvidXchange has experienced explosive growth. To accommodate our growing workforce, we broke ground on a new building at the AvidXchange Music Factory in September 2015. We’re happy to announce that the 200,000-square-foot building is now finished and we can’t wait for our 900 Charlotte-based employees to be working under the same roof!

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AvidXchange

MAY 22, 2017

With more than 10 years of experience in public accounting, Bobbi Jo is passionate about helping create success for her clients, her teammates and the firm. Last year, Bobbi Jo was named as one of Charlotte Business Journal’s Forty Under 40 award winners. The award recognizes 40 of the region’s most accomplished business and civic minded professionals under 40 years of age.

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AvidXchange

MAY 11, 2017

Chris Elmore, who, in addition to being AvidXchange’s Director of Product Strategy, is an adjunct professor at UNC Charlotte, teaching graduate and undergraduate students in Entrepreneurship. Recently, the Charlotte Chamber announced that Elmore will serve as the business organization’s first “entrepreneur-in-residence.” Elmore has been in the accounts payable world for 15 years in various roles, and has witnessed the transition from paper-based processes to completely automated AP and pay

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Accounting

AvidXchange

FEBRUARY 8, 2017

AvidXchange , leading provider of accounts payable and payment automation solutions for midsize companies, is pleased to announce the addition of Joel Wilhite as Chief Financial Officer (CFO). Joel is a seasoned financial executive with over 20 years of experience in progressive growth companies. Most recently, Joel was the CFO at Quantros, a software-as-a-service (SaaS) company in Greenville, S.C., that offers an enterprise-wide suite of applications that helps hospitals better manage the quali

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AvidXchange

JANUARY 11, 2017

Inventory optimization is a supply-chain management method that attempts to remove excess inventory while maintaining the right amount of inventory at the right places to meet consumer demand and revenue goals. Today, inventory optimization is considered a core competency for mid-sized and large corporations, with the potential to save working capital by reducing inventory without damaging operations and sales.

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Collections 52

AvidXchange

DECEMBER 20, 2017

The benefits of automated accounts payable processes have been well documented by PayStream Advisors and others in recent years as the technology has matured and become widely available. AP and payment automation brings change to many levels of an organization. Being able to understand and articulate it can help you convince the C-level that an investment in AP is a good way to enhance overall competitive advantages.

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AP Data Entry Accounts Payable Accounts Payable 40

AvidXchange

DECEMBER 13, 2017

As an AP professional, you’ve probably already heard a lot about AP and payment automation. You’ve read news articles and whitepapers – attended a few webinars – and done some research on your own. You might even know of a competitor or colleague in the industry who has already embraced automation. Still, no matter how much of a no-brainer AP automation is for you, its myriad benefits are all for naught if you are unable to communicate them to your boss, who will likely be givi

AP 40

AP Accounts Payable Accounts Payable Accounting 40

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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.