Cloud Accounting Podcast

JANUARY 10, 2025

Sponsors OnPay - [link] BoomTax - [link] TaxBandits - [link] Basil - [link] Chapters (05:01) - Sponsors and H1B Visa Discussion (11:14) - H1B Visa Impact on Accounting (26:53) - Bench Accounting Shutdown (45:17) - VCs and the Tough Decisions (47:42) - Challenges in Automating Bank Transactions (48:58) - H1B Visa Workers and Financial Misconduct (52:19) (..)

Accounting 45

Accounting Accounting Computation CPA 45

ProsperOps

JANUARY 31, 2023

By 2025, 51% of IT budgets will go to cloud-based systems and operations. methods enable organizations to derive the maximum value from cloud computing while spending less time managing and optimizing cloud costs. But, as cloud adoption increases, so does the cost of doing business. Download the eBook: Cloud Cost Optimization 2.0

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Counto

FEBRUARY 10, 2025

Employers should adhere to Singapore’s Inland Revenue Authority (IRAS) guidelines for proper tax computation and reporting. Here are some articles you might find helpful: What is the Basic Salary for Foreigners in Singapore 2025? Payroll Cycle in Singapore 2025 The post What is Gratuity Payment in Singapore?

Payroll 52

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Outsourced Bookeeping

NOVEMBER 8, 2024

To achieve this 2025 goal together with small and medium-sized enterprises (SMEs), bookkeeping has been transformed. This is becoming an absolute turning point in bookkeeping trends for 2025. The Role of Bookkeeping Trends in 2025 We will soon be in 2025, and bookkeeping is on the brink of a major change.

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Xero

FEBRUARY 15, 2023

Responsible data use By 2025, individuals and companies around the world will produce an estimated 463 exabytes of data each day. Here are the five that we think small businesses should have their eye on in 2023 so they can prepare, lead and advance their businesses for tomorrow.

XERO 275

XERO Collections Invoicing Financial Services 275

Ace Cloud Hosting

MARCH 26, 2025

In cloud computing and SaaS technology, data security is no longer optionalits a necessity. B2B businesses regularly handle sensitive client information, including credit card numbers, emails, phone numbers, and billing.

Computation 52

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Nanonets

MARCH 4, 2025

Additionally, LLMs require significant computational resources, making them costly and impractical for large-scale document processing, especially in enterprise and edge deployments.   For open-source OCR APIs , while there are no direct usage costs, we assess computational overhead by measuring memory usage during inference.

Computation 52

Computation Financial Statements Financial Records Accounting 52

NextProcess

OCTOBER 8, 2024

2) Facing Economic and Political Uncertainty Overall, surveyed CFOs are optimistic going into the end of 2024 and looking forward to 2025. Most people want to do meaningful work that’s contributing to the company, not repetitive tasks like routine data entry that could easily be handled by a computer. However, the U.S.

Accounts Payable 52

Accounts Payable Accounts Payable Invoice Processing Collections 52

finout

APRIL 13, 2023

Unfortunately, for many companies, the cost implications of cloud technologies have not been sufficiently addressed, even with the rising number of FinOps solutions dedicated to reducing cloud spend.

FinOps 52

FinOps FinOps Computation Collections 52

AvidXchange

JULY 14, 2023

These old-fashioned methods begot errors and squandered time. As computers became common in the workplace in the 1980s, many businesses turned to spreadsheets for financial management, budgeting and analysis. It refers to the completion of business tasks by computers with little to no human input.

AP 52

AP Computation Accounts Payable Accounts Payable 52

FinOps Foundation

JUNE 20, 2024

release (slated for November) and planning for further releases in 2025. Cheaper to process data FOCUS combines actual billed costs and amortized costs into one dataset, drastically reducing the cost of compute and storage needed to process this data. No time is spent figuring out what format to transform the data into.

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NextProcess

FEBRUARY 12, 2025

Theres still quite a bit of uncertainty about how presidential policy and other factors will affect economics in 2025 and beyond. There wont be different versions of the same file on different peoples computers; everyone is working with the same information.

Budgeting 52

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Nanonets

MARCH 27, 2023

By 2025, it is estimated that the United States will need to hire an extra 2.3 This can be done easily using no-code workflows that allow for complex computations. This puts stress on this entire ecosystem. Automating healthcare document data extraction is an easy way to reduce the load. Nanonets is an AI-based OCR software.

Collections 52

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AvidXchange

DECEMBER 15, 2020

These included cloud computing to cut infrastructure cuts, machine learning and data analytics to generate more insights and make better decisions, and cybersecurity tools to detect and prevent more fraudsters from stealing corporate and employee data. “The The industry has not only managed to stay afloat but show growth as well.”

AP 40

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Nanonets

MAY 30, 2023

billion people worldwide will use digital wallets by 2025. Digital wallets may be of the form of e-wallets that can be used from any digital medium like computers, laptops, tablets, and mobile devices, m-wallets are specific to mobile devices.

Accounts Payable 52

Accounts Payable Accounts Payable Purchase Order AP 52

IMA's Count Me

OCTOBER 12, 2020

IDC has predicted that worldwide data will grow 61% per year, from 33 zettabytes to 175 zettabytes by 2025. The International Federation of Accountants (IFAC) estimates fragmented regulations cost the financial industry sector alone $780 billion annually.

Auditing 40

Auditing Management Accounting Accounting Accounting 40

Xero

JANUARY 14, 2024

AI might often seem like magic, but each command requires significant computational power to answer, much of which has not yet been passed onto the user. Trend #1: The cost of AI will need to be managed The next big thing for AI will be cost — or rather, how to contain the runcost of AI.

Computation 276

Computation XERO Accounting Accounting 276

FinOps Foundation

DECEMBER 16, 2024

Amazon Aurora Rightsizing This year, AWS also expanded its Rightsizing Recommendations in AWS Compute Optimizer to include database (DB) instances running Aurora MySQL-compatible edition and Aurora PostgreSQL-compatible engines. We look forward to journeying through the evolution of FinOps and FOCUS in 2025 with all of you!

FinOps 130

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Future Firm

APRIL 10, 2022

The online education market is exploding and is expected to hit $350B globally by 2025. CAS services should be powered by cloud computing to automate workflows to the fullest: Xero or QuickBooks Online for the general ledger. Compliance Services Far From Dead. 1) Automation & Accounting Technology is Accelerating.

Accounting 111

Accounting Accounting Bookkeeping XERO 111

Xero

JANUARY 9, 2025

So, here are some of the signals that I will be paying close attention to in 2025 as I think about what the future might hold for people in small business, their advisors and communities around the world. Its interesting to think about how the embedding of computing might change how small businesses operate.

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Xero

FEBRUARY 3, 2025

So, as small business owners look to 2025 and beyond, here are a few movies that I think are worth another look as sources of signals and scenarios of the future, both of which can lead us to ask some interesting questions as we make personal or business plans for the year(s) ahead.

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FinOps Foundation

NOVEMBER 7, 2024

For example, a ServiceCategory called ‘Compute’ was available in v1.0. adds these subcategories under ‘Compute’: Containers, End User Computing, Quantum Compute, Serverless Compute, Virtual Machines, Other (Compute). is expected to be released in June 2025 and introduce support for SaaS concepts.

FinOps 130

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Nanonets

AUGUST 1, 2023

By 2025, it is projected that 70% of new applications developed by organizations will utilize no-code or low-code tools, up from less than 25% in 2020. By 2025, it is projected that 65% of all application development will occur on no-code platforms. dollars by 2027 , underscoring the value and widespread adoption of these technologies.

Data Entry 52

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Cloud Accounting Podcast

JANUARY 2, 2025

Sponsors LiveFlow - [link] Suralink - [link] Cloud Accountant Staffing - [link] TaxBandits - [link] Chapters (01:36) - Beneficial Ownership Information Reporting (BOI) (03:39) - Bench Accounting Shutdown (12:35) - Automated Bookkeeping Challenges (18:35) - Tax Fraud Case: The Magician (28:20) - IRS Commissioner Nominee Controversy (33:55) - Tax Refunds (..)

CPA 53

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