Trending Articles

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The economic impact of small businesses? Not so small, after all.

Intuit

Small- and medium-sized enterprises (SMEs) power the UK economy, representing over 99% of all businesses. They play a crucial role as innovators, local employers, and the cornerstones of communities across the nation. However, SMEs often face significant barriers to success and lack representation in the policy discussions that could address their challenges.

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The Hidden Risks of Relying on Proprietary Accounting Software

Accounting Department

Accounting is the backbone of any business, from managing cash flow to ensuring compliance and long-term scalability. Many business owners turn to proprietary accounting software for streamlined financial management, captivated by promises of simplicity and powerful functionality.

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Why Real-Time Financial Reporting is Essential for Your Business

Accounting Department

Financial reporting has long been a fundamental component of successful business management. It serves as the blueprint for decision-making, reveals opportunities, and identifies risks. Yet, in a rapidly changing economic environment, depending only on monthly or quarterly financial statements is gradually becoming outdated.

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Get set up for the new tax year with Xero Payroll

Xero

With another tax year almost wrapped up, are you ready to tackle year-end payroll? We know it can be a bit painful, so weve prepared some tips to make the process as smooth as possible. Finalising your 2024/2025 tax year Wrap up outstanding items Before processing your last pay run for the 2024/25 tax year, approve any outstanding leave requests, timesheets and overtime to ensure your employees’ final pay is accurate.

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Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

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Accounting firms declare their independence

Accounting Today

In an era dominated by private equity and merger mania, firms that want to stand alone have to make that a conscious and continual choice.

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How Nonprofits Can Weather the 2025 Federal Funding Freeze

Compleatable

The recent federal funding freeze has sent shockwaves through the U.S. nonprofit sector, putting crucial programs at risk and spotlighting just how vulnerable mission-driven organizations can be when their financial footing depends heavily on federal dollars. As of January 28, 2025, the White House Office of Management and Budget (OMB) ordered a temporary halt to all federal loans, grants, and financial assistance programs.

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45 Best Business Ideas for Beginners in 2025: Cheapest, Easiest & Profitable

Fit Small Business

Thinking about starting a business but not sure where to begin? You dont need a huge budget, a fancy office, or years of experience to get started. There are tons of beginner-friendly business ideas that are easy to launch, low-cost, and actually make money. In this guide, Ill walk you through some of the easiest, The post 45 Best Business Ideas for Beginners in 2025: Cheapest, Easiest & Profitable appeared first on Fit Small Business.

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IRS gives new guidance for scam victims to deduct theft losses

Accounting Today

Taxpayers that suffer a smaller loss might not have the sophistication to know that they could be entitled to take a theft loss deduction, warns one expert.

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How Technology Is Transforming US Healthcare and Hospice Care

Compleatable

In an era where healthcare is more complex and personalized than ever, the marriage between technology and medicine continues to evolve in powerful ways. One of the most notable moves in 2025 has come from the home healthcare and hospice sectors, where two major players, Medalogix and Forcura, have joined forces in a landmark merger. Together, theyre forming a company valued at nearly $1 billion, and the implications for healthcare delivery are enormous.

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The Zero Cost Accounting Client Acquisition Method w/Alyssa J. Dillon

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello welcomes Alyssa J. Dillon , a fellow entrepreneur who shares her inspiring journey of starting her own business. The conversation kicks off with Alyssa recounting the pivotal moment when she decided to quit her job and explore the possibility of working for herself after receiving a side accounting request.

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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

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Unlock Business Growth with Client Accounting Services from AccountingDepartment.com

Accounting Department

As a business owner, you're undoubtedly aware of the myriad responsibilities that come with the territory. From strategic decision-making to managing day-to-day operations, your plate is full.

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IRS cuts could cost $500 billion: Is tax compliance about to collapse?

Blake Oliver

The Washington Post reported that unnamed IRS officials are projecting a huge $500 billion drop in tax revenue this year due to DOGE's cuts to enforcement. I'm not buying that argument, and here's why. The IRS argues that if people think there's less tax enforcement, they won't pay up. But audit rates are already super low - less than 1% overall. So, would slightly reducing these already tiny percentages really cause a 10% revenue collapse?

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IRS underreported costs of Direct File: TIGTA

Accounting Today

Internal Revenue Service reports of the cost of the free tax-filing program left out at least $8.8 million in costs, according to a new report.

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Best Alternative to AvidXchange Ariett Before November 2025

Compleatable

As AvidXchange phases out Ariett on November 1, 2025, businesses are actively seeking robust alternatives for their purchasing and accounts payable automation needs. Compleat Software emerges as a compelling solution, offering enhanced functionalities that not only match but surpass those previously provided by Ariett. This article explores the core features of Ariett and demonstrates how Compleat Software delivers equivalent or superior capabilities, ensuring a seamless transition for businesse

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Forecasting Failures Are Costly: Here's How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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How do I end up with tax bill at the end of the year?

Ontrack Bookkeeping

New Zealanders on salary or wages may find that once their income tax assessment has been calculated automatically, they end up having tax to pay – and suddenly it’s panic stations! (Don’t worry, this happened to me, and I did the same!). There may be a reason for it! If you get paid on a Monday, this year there are 53 weekly pay periods, as opposed to 52 weekly pay periods.

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Insurance Claims & Prior Authorizations Streamlined with AI & RPA

RevCycle

In the complex world of healthcare revenue cycle management, insurance claims and prior authorizations are among the most time-consuming and error-prone processes. But with the rise of Artificial Intelligence (AI) and Robotic Process Automation (RPA), healthcare providers, payers, and third-party agencies have new tools to reduce friction, improve accuracy, and speed up reimbursement.

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The Best AI Note-taking Tool for Meetings in 2025 (+ Free Options)

Fit Small Business

Automation and artificial intelligence are not just industry buzzwords; they significantly enhance operational efficiency, productivity, and team collaboration. For example, AI is changing how we record and document meetings through the growing popularity of AI note-takers. The best AI meeting note-takers offer essential features and benefits for business owners, including automatic transcription, real-time meeting summaries, The post The Best AI Note-taking Tool for Meetings in 2025 (+ Free Opt

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AICPA weighs in on proposed SECURE 2.0 regs

Accounting Today

The institute is asking the Treasury and the Internal Revenue Service for greater clarity in their proposed regulations for the SECURE 2.0 Act of 2022.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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How Schools & MATs Are Cutting Costs Without Cutting Corners

Compleatable

If you work in school finance, you know the juggling act all too well, tight budgets, growing demands, and a mountain of paperwork that never seems to shrink. For many schools and Multi-Academy Trusts (MATs), managing purchasing and invoices is still a manual, time-consuming process. But what if you could save time, reduce errors, and cut costs, all without adding to your workload?

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7 Ways Accountants Can Use ChatGPT [Step-by-Step Tutorial]

Jetpack Workflow

Many accountants recognize the potential of AI tools like ChatGPT but feel stuck between curiosity and confusion about how to apply these tools to their daily workflows without risking accuracy or client trust. This guide walks you through 7 practical, ready-to-use ChatGPT applications specifically designed for accounting professionals, with no technical expertise required.

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Directions NA Sessions To See

Fidesic blog

Directions North America is right around the corner and we can't wait. This year in Las Vegas, Directions North America is the only Microsoft Dynamics 365 Business Central event created by partners, for partners, in the community in North America.

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10 Benefits of Outsourcing Bookkeeping for Growth in 2025

Outsourced Bookeeping

Businesses are embracing digital upgrades as financial management evolves rapidly. With rising competition, stricter regulations, and real-time data needs, efficient outsourcing bookkeeping is essential. International and domestic organisations now prefer to avail outsourced bookkeeping services USA to optimise their operations while supporting sustainable growth.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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Treasury publishes rule narrowing BOI reporting

Accounting Today

The Treasury Department limited the scope of the Corporate Transparency Act's beneficial ownership reporting requirement to foreign companies.

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East Cheshire Hospice Success Story

Compleatable

“From an IT and budget holder perspective, iCompleat is very user friendly and efficient to use. Raising orders and integration with Amazon Business is a great feature that I regularly use. The platform is reliable, easy to setup with Sage 50 and Compleat are always releasing new features to make it better” Download Testimonial The post East Cheshire Hospice Success Story first appeared on Compleat Software.

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Same-Day Business Funding: 3 Best Options & Tips for Success

FundThrough

Key Takeaways: Same-day business funding offers quick access to capital for emergencies, growth opportunities, and operational expenses, with options like invoice factoring, short-term loans, and flexible lines of credit tailored to different business needs. While eligibility requirements for same-day funding vary, factors such as time in business, annual revenue, credit score, and collateral requirements play […] The post Same-Day Business Funding: 3 Best Options & Tips for Success ap

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CloudHealth Pricing Tiers and Contract Structure Explained

finout

What Is VMware Tanzu CloudHealth? VMware Tanzu CloudHealth is a cloud management platform that helps businesses optimize and govern their multi-cloud environments. CloudHealth provides visibility, cost management, and compliance tools across public, private, and hybrid clouds. It allows users to monitor cloud resource usage, establish policies for cost allocation, and ensure compliance.

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How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?

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Self-Employed Retirement Plans: Top Options & Benefits

Fit Small Business

Choosing the right self-employed retirement plans depends on your income, business structure, and savings goals. As a self-employed individual, you have several options, each with unique benefits, such as high contribution limits, tax advantages, or flexibility. Below, we break down the key features of different retirement options for self-employed individuals to help you determine which.

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IRS leverages banking data for criminal investigations

Accounting Today

The Internal Revenue Service's Criminal Investigation unit has a new initiative for engaging with financial institutions to uncover tax and financial fraud.

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A Guide to Customer Onboarding Automation

oAppsNet

Customer onboarding is a pivotal process that sets the stage for long-term success. When done effectively, it enhances customer satisfaction, reduces churn, and ensures that users quickly realize the value of a product or service. However, traditional onboarding processes can be time-consuming, inefficient, and prone to human error. This is where automation steps in to revolutionize the experience.

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7 Best No Credit Check Business Funding Options: Success Tips for SMBs

FundThrough

Key Takeaways Many alternative lenders offer business funding without conducting a credit check, focusing instead on business revenues and cash flow, providing a viable option for businesses with poor credit. When evaluating loan options, it’s important to keep in mind that funding methods that don’t require a credit check still come with other ways to […] The post 7 Best No Credit Check Business Funding Options: Success Tips for SMBs appeared first on FundThrough.

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.