Xero

FEBRUARY 5, 2023

In June 2021, CommBank developed Stream Working Capital in partnership with Waddle to give businesses access to funds using their outstanding invoices as loan security. The cash conversion cycle – the time it takes to convert investments in inventory into cash – has increased from 55 days in 2020 to more than 100 days in 2022.

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XERO Invoicing Financial Services Accounting Software 217

Xero

NOVEMBER 30, 2022

In the 2022 budget announcement, Singapore’s Minister for Finance announced the GST rate will increase from 7% to 8% on 1 January 2023, and from 8% to 9% on 1 January 2024. We’ll make the new 8% rate available in Xero by 9 December 2022. We’ll make the new 8% rate available in Xero by 9 December 2022. Update your default rate.

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XERO Bank Reconciliation Billing Invoicing 226

AP Association

APRIL 7, 2022

In this article, we’re going to discuss some of these trends for 2022 to help your business stay informed and up to date with the latest industry developments. The rise of automation in accounts payable 2022 looks to bring much more automation with it for accounts payable teams.

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Accounts Payable Accounts Payable AP Accounting 130

Xero

JULY 6, 2022

If you’re joining us, take a look at our Xerocon London 2022 event partners, and make sure you add them to your list of must-meets on the 20th and 21st of July at Tobacco Dock in London. This makes it easy to collect both recurring and one-off invoice payments directly from customers’ bank accounts through direct debit and open banking.

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XERO Invoicing Collections Accounts Payable 246

Xero

NOVEMBER 13, 2022

Read on for five tips for Xero partners, shared by Xero partners, that featured in the 2022 quarterly product updates. In new invoicing, discount percentages are calculated automatically, so the calculator isn’t needed. Use repeating invoices for customers who pay a monthly fee. Read more about shortcuts in Xero. .

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XERO Billing Invoicing Accounting 264

Xero

AUGUST 16, 2022

Take a look at some of our Xerocon New Orleans 2022 event partners, and make sure you add them to your list of must-meets on August 24 and 25 at the New Orleans Ernest N. Easily collect invoice payments directly from your customers’ bank accounts using ACH Debit and real-time payments. Morial Convention Center. GoCardless.

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XERO Invoicing Collections Billing 224

Xero

SEPTEMBER 1, 2022

Here’s more about our Xerocon Sydney 2022 event partners. GoCardless makes it easy for you to collect one-off, or automated, bank payments for your Xero invoices. Add GoCardless as a payment service in Xero, and apply it to an invoice or invoice template today. Collect payments faster with Xero Invoice Payments.

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XERO Invoicing Bookkeeping Collections 52

Xero

AUGUST 24, 2022

percent year-over-year (y/y) in March 2022, adding challenges already posed by a slower rebound from pandemic-induced supply chain shutdowns and protests than the United States. days in March 2022, compared to an average of 25 days in 2021 and a pre-pandemic average of 27.1 days in March 2022 after an average of 28.1

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XERO Invoicing 241

Xero

SEPTEMBER 7, 2022

And as this inflationary trend continues towards the end of 2022, pressure on small businesses is only going to mount. Use digital solutions to stay on top of expenses and revenue: Implement technology-based solutions such as online invoice payments and eInvoicing. Seasonal slowdowns create cash flow uncertainty.

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XERO Invoicing Bookkeeping Budgeting 246

Xero

JULY 28, 2022

While this was a positive step, one drawback was trying to navigate the longer payment terms of larger organisations and wait for invoices to be paid. Initially we considered an overdraft or bank loan to get us by, then our bookkeeper suggested we apply for invoice finance through Xero. Invoice financing, made simple and beautiful .

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Bookkeeping XERO Invoicing Financial Services 238

Xero

FEBRUARY 15, 2023

Almost every digital interaction produces data: sending an email, downloading an invoice, searching for local suppliers, posting a status update — even turning on your connected car. Or you can use tools like e-invoicing to ease this burden if it’s available in your region. billion in 2022 to $46.6

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XERO Collections Financial Services Invoicing 261

Xero

NOVEMBER 30, 2022

A version of this blog was originally published as part of HubSpot’s ‘State of Partner Ops and Programs 2022’ report – you can read the full report here. . I was excited to be asked to participate in HubSpot’s ‘State of Partner Ops and Programs 2022’ report.

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XERO Invoicing Accounting Accounting 246

Xero

NOVEMBER 1, 2023

de Jong Phillips was a Xero Award winner for Small Firm of the Year in 2022, and Pam was also awarded Xero MVP. Emma Fox: Founder & Managing Director, Fresh Financials Emma is the Founder and Managing Director of Fresh Financials, a 100% digital bookkeeping practice, making physical receipts and invoices a thing of the past.

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XERO Bookkeeping Account Bookkeeping Invoicing 253

Xero

JANUARY 22, 2023

For instance, suppliers to the public sector agencies in Australia are required to spend significant time getting set up on e-invoicing systems, for no easily apparent added benefit to the business. Sending out invoices generated in Word or Excel makes it harder to get at these valuable insights.

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XERO Payroll Invoicing Accounts Payable 246

Xero

NOVEMBER 23, 2022

In case you missed it, here are some of the other key announcements and product updates we made at Xero Roadshow Singapore 2022: Our 2023 Singapore State of the Accounting Industry Report with key industry insights to help practices benchmark their business – download the report here !

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XERO Bookkeeping Payroll Invoicing 242

Intuit

MAY 31, 2023

During Intuit’s fiscal year 2022, the company spent $312 million with 550 US-based diverse and small businesses, an increase of $24 million year-over-year. In fiscal year 2022, Intuit made substantial progress in our Supplier DEI and Social Impact program. View Intuit’s complete Supplier DEI Economic Impact Report here.

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QuickBooks Invoicing 185

Xero

MAY 16, 2022

As of April 2022, businesses below the £85,000 VAT threshold have been required to switch from paper-based records to filing their taxes digitally using HMRC-approved software. . You can also do cool things like automate invoice chasing or see a real-time view of where your money is going.”.

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Tax XERO Accounting Software Bookkeeping 227

Xero

MAY 16, 2022

You’ll be affected by the second stage of MTD for VAT, from April 2022. Set up recurring invoices for regular suppliers to cut down on monthly admin. From April 2019, VAT-registered businesses with an annual turnover above £85,000 started keeping digital records and submitting VAT returns using MTD compatible software.

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Tax XERO Accounting Software Invoicing 233

Xero

JULY 20, 2022

Invoices: Users can create, send and track customised invoices on the go. See unpaid or overdue invoices, track who has and hasn’t paid, view profit and loss by month, and gain insights such as top expenses for the month. Dashboard: Sole traders can keep a finger on the pulse of their finances in one place.

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XERO Bookkeeping Invoicing Record Keeping 264

Xero

AUGUST 30, 2022

It’d be great for your stress levels too, with less worrying about whether you can cover your overheads for the month and none of those awkward phone calls to chase overdue invoices. . A key reason is that most invoices tend to be paid by manual wire transfer or checks. You’re not alone in waiting to get paid. So why does this happen?

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XERO Collections Billing Invoicing 241

AP Association

MARCH 15, 2022

For any business that regularly receives and pays invoices, the Accounts Payable department is an indispensable component of its transaction cycle. A well-optimised AP department will ensure a business pays its invoices as soon as possible after receiving them and confirming that they are genuine and accurate.

Accounts Payable 100

Accounts Payable Accounts Payable Accounting Accounting 100

MineralTree

JANUARY 12, 2023

What are Automated Invoice Payments? Automated invoice payments for businesses refer to when a company digitizes the way they pay their vendors. Automated payments help accounts payable (AP) teams quickly pay suppliers and process invoices by streamlining manual, convoluted AP workflows. Benefits of Automated Invoice Payments.

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Invoicing AP Data Entry Billing 80

CloudZero

AUGUST 31, 2022

Often, companies don't know where to begin when they receive 20-page invoices. Cost management in Google Cloud Platform (GCP) can be complex. It's a lot like costs in Azure or AWS.

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Invoicing 95

AvidXchange

FEBRUARY 9, 2022

How are community association management companies (CAMs) faring as they evolve with their industry and move into 2022? It also offers a competitive edge, something no CAM can afford to do without in 2022. As this group reaches retirement, it’s leaving gaps to fill. Erin Rapp, Senior Account Executive (HOA), AvidXchange 2.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

AvidXchange

FEBRUARY 7, 2022

Coming off a tumultuous year, the construction industry faces continued pressures, yet the outlook for 2022 is positive. Teams are scattered across locations, many—including project managers and supervisors who handle invoice approvals— are often away from their offices and continuously moving between job sites, making them hard to reach.

Accounts Payable 52

Accounts Payable Accounts Payable AP Invoicing 52

AvidXchange

JANUARY 28, 2022

Using industry reports and data insights, we want to help you take advantage of the opportunities — and overcome the challenges — facing the construction industry in 2022. By converting invoices and payments to digital formats, several initial steps associated with processing are eliminated. The pandemic took that to another level.

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AP Invoicing Purchase Order Accounts Payable 52

AvidXchange

FEBRUARY 9, 2022

Many real estate stalwarts have an “if ain’t broke, don’t fix it” mentality when it comes to invoices and payments. Some real estate firms spend days manually logging thousands of invoices into their accounting system. AP departments at real estate firms are stretched thin Like most industries, real estate is facing a labor shortage.

Accounts Payable 52

Accounts Payable Accounts Payable AP Accounting 52

Future Firm

APRIL 4, 2022

Do you want to know how to start a bookkeeping business or accounting firm in 2022? These elements are crucial in 2022 if you want to know how to start a bookkeeping business. In 2022, I recommend picking and sticking with one of the following: Xero. Cloud Accounting Software Step 1 – Choose Your Cloud Accounting Software.

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Bookkeeping Bookkeeping Services XERO QuickBooks 98

Nanonets

NOVEMBER 24, 2024

By the end of this blog, you’ll understand how to code your own AP agent for your own invoice use-case. Overview of AP Automation AP automation simplifies managing invoices, payments, and supplier relationships by using AI to handle repetitive tasks like data entry and validation. Components of an AP system.

Accounts Payable 52

Accounts Payable Accounts Payable AP Invoicing 52

AvidXchange

FEBRUARY 11, 2022

We’re taking a look at the current state of AP in banks and how key financial services industry trends are predicted to impact the way they manage their invoicing and payments to better serve their business in 2022 and beyond. In fact, $60 billion in deal activity is expected in 2022. What does it mean for AP departments?

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Financial Services Accounts Payable Accounts Payable AP 52

Invoicera

FEBRUARY 5, 2024

Summary Traditional invoicing methods have limitations that hinder business growth. The blog advocates for modern invoicing software to overcome these limitations. Introduction Stuck sending invoices by hand, chasing late payments, and drowning in paperwork? per invoice and takes 10.9 But what if there was a better way?

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Invoicing Invoice Processing Data Entry Billing 52

Counto

FEBRUARY 5, 2024

The GST rate for transactions spanning a rate hike is determined by the payment date or the date of services performed/goods delivered, rather than the invoice date (or posting date in the respect of a reverse charge). How Should GST Adjustments Be Made for Invoices Issued After Full/Partial Performance of Services or Goods Delivery?

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Invoicing Tax Payroll Collections 98

AP Association

JANUARY 23, 2023

In addition, more than half of respondents are using an electronic invoice matching system to support AP processes. Studies into invoice processing efficiency between 2019 and 2022 reveal that productivity has increased by an average of 7% during the past three years.

Accounts Payable 130

Accounts Payable Accounts Payable AP Accounting 130

AvidXchange

NOVEMBER 8, 2024

Nineteen percent of survey respondents are working 46 hours or more per week in 2024, down from 31% in 2023. While the sentiment around work-life balance appears to be improving, with 62% of respondents agreeing they have a healthy work-life balance compared to 57% in 2022, many AP professionals still find it difficult to disconnect from work.

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AP Accounts Payable Accounts Payable Invoicing 59

Compleatable

OCTOBER 24, 2023

In this case, supplier invoice processing is a notorious money pit. One piece of software that makes it easy to track school spend data and process invoices. Touchless invoices.) and the invoice is digital. What’s the best way to promote best-in-class processes? Make them easier.

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Budgeting Invoicing Invoice Processing Accounting 20

AvidXchange

JANUARY 10, 2022

2022 Healthcare Industry Trends: Growing Use of Telehealth and Digital Front Doors How to address heightened healthcare cybersecurity concerns Complementary to AI, healthcare providers use other innovative strategies technologies to help prevent ransomware and other cybersecurity attacks. This integration is not a given.

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AP Invoicing Budgeting Computation 52

Xero

JULY 18, 2022

Invoice processes, expense reporting, cash flow forecasting, payroll management, practice management, client onboarding, tax reporting and preparing financial reports can all be automated, and the list will only grow as more businesses embrace digitalisation – and governments move away from archaic paper-based processes.

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XERO Bookkeeping Data Entry Invoice Processing 262