Tue.Sep 10, 2024

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New BOI guidance issued for short-lived entities and foreign cos.

Accounting Today

Understanding these updates is critical in guiding the tens of millions of LLCs, closely held businesses, and other small-business clients through the complexities of beneficial ownership compliance.

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Dynamic Forecasting is Here to Keep Business Owners Informed

Accounting Department

Experienced business leaders know that accurately predicting future financial outcomes is a highly complex challenge. It’s a process not to be left only to logic that is based on reviews of combined financial reports from the past.

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Do we need a paradigm shift to overcome the accountant shortage?

Accounting Today

Recent projections showing that we could have a deficit of up to 3.5 million accountants by 2025.

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A Guide to Customer Acquisition Cost (CAC) for SaaS

Billing Platform

Acronyms are everywhere in the business world, but what is CAC? Like other industries, customer acquisition costs (CAC) for software-as-a-service (SaaS) companies refers to the money spent to convert prospects into buyers of your software and services. This amount includes the total costs associated with marketing and sales spend for staff and programs related to the acquisition of a customer.

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Breaking Ground on Better Payment Processes: Strategies for Construction Pros

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

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In the blogs: Nothing but trouble

Accounting Today

Tax targets; getting creative; one SALT workaround; and other highlights from our favorite tax bloggers.

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Your Guide to Understanding The Difference Between Traditional Procurement Methods and Modern Procurement Automation

NextProcess

What’s the difference between traditional procurement systems and modern procurement automation ? If you’re not sure, then you probably also don’t know why switching from a manual to an automated purchasing system can benefit your company. Automating procurement—particularly with a cloud-based program like NextProcess’s purchase order system —simplifies the entire procurement process while also making it more centralized and efficient.

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Future Forward Webinar and Qvinci® simplify 'Generating Reports' for Advisory Services

Insightful Accountant

It's time to get beyond 'number crunching' and start providing the 'advisory' services your clients want. Murph shares how simple Qvinci® makes to 'generate and share' the reports clients are seeking.

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Apple, Google lose multibillion dollar tax fights with EU

Accounting Today

Apple lost its court fight over a ($14.4 billion Irish tax bill and Google lost its challenge over a €2.4 billion fine for abusing its market power.

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BILL Hires Ariege Mishergi as New SVP & GM of Accounts Payable, Accounts Receivable and Accountant Channel

Insightful Accountant

BILL, a leading financial operations platform for small and midsize businesses, announced last week that Ariege Mishergi has joined as SVP & GM of Accounts Payable, Accounts Receivable, and Accountant Channel.

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Stampli touts "human level" AI for PO matching

Accounting Today

Stampli unveiled Stampli Cognitive AI, which sports what it says are "human-level" purchase order matching abilities.

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The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

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Some A/R Performance Metrics

oAppsNet

Understanding Accounts Receivable (A/R) performance metrics is vital for businesses to maintain a healthy cash flow. These metrics help track the efficiency of a company’s collections process, ensuring that payments are received on time. Effective management of A/R metrics can significantly improve a company’s financial stability and operational efficiency.

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M&A roundup: Landmark, Forvis Mazars expand

Accounting Today

Landmark CPAs merges in Garland & Greenwood CPAs; and Forvis Mazars completes acquisition of ConTech360.

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Affordable Housing Crisis Impacts Real Estate Managers 

AvidXchange

The affordable housing crisis in the U.S. has reached critical levels, with millions of Americans struggling to find safe, stable, and affordable places to live amidst rising housing costs and stagnant wages. The National Low Income Housing Coalition reports a shortage of 7.3 million affordable rental homes available for low-income individuals. The lack of affordable housing also impacts real estate and property management companies.

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Ireland to decide how to use Apple's €13B it didn't want

Accounting Today

Ireland just landed a challenge most countries would envy: how to spend an almost €13.8 billion ($15.2 billion) windfall that Apple Inc. was ordered to pay in taxes by the European Union's top court.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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How to Set Up a Digital Marketing Company in Singapore?

Counto

How to Set Up a Digital Marketing Company in Singapore? Establishing a digital marketing company in Singapore can be a strategic move for entrepreneurs looking to tap into a dynamic and growing market. With its robust infrastructure and business-friendly environment, Singapore offers fertile ground for digital marketing ventures. Follow these steps to set up a digital marketing company in Singapore effectively and take advantage of the many opportunities this vibrant city-state provides. 1.

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Oracle partners with Amazon Web Services

Insightful Accountant

New agreement provides multi-cloud functionality.

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How to Set Up a Cleaning Service in Singapore?

Counto

How to Set Up a Cleaning Service in Singapore? Starting a cleaning service in Singapore is a promising opportunity, given the rising demand for professional cleaning. To set up your business effectively, follow these essential steps to ensure compliance with local regulations and build a solid foundation. 1. Select Your Business Structure Choose the Right Structure for Your Cleaning Service Sole Proprietorship: Ideal for smaller operations.

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NetSuite helps AI Startups Manage their Operations

Insightful Accountant

“Live from SuiteWorld” - Industry-leading Startups turning to NetSuite to scale operations while increasing operations.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

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Ultimate Guide to Mastering Bookkeeping for Small Businesses

CapActix

Small business owners face several issues related to bookkeeping, which is disorganized records, difficulty in tracking expenses, and inadequate financial analysis. Furthermore, these challenges can lead to cash flow problems, missed tax deductions, and poor financial decision-making. Certainly, the solution to these problems lies in effective bookkeeping for small business.

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Oracle CloudWorld 2024 - Oracle offering new GenAI with RAG capabilities

Insightful Accountant

Oracle AI innovations are helping their customers turn their data into a competitive advantage by making it easier to apply AI to real-world business operations.

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How Foreigners Can Start an Employment Agency in Singapore with a Nominee Director ?

Counto

How Foreigners Can Start an Employment Agency in Singapore with a Nominee Director ? Starting an employment agency in Singapore as a foreigner involves specific steps and compliance with local regulations. Here’s a straightforward guide to help you set up your agency effectively. 1. Company Incorporation with a Nominee Director 1.1 Establish Your Company To begin, incorporate a Private Limited Company (Pte Ltd) in Singapore.

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Why F&B Businesses Dominate the Small Business Landscape in Singapore?

Counto

Why F&B Businesses Dominate the Small Business Landscape in Singapore? Singapore’s food and beverage (F&B) sector stands out prominently in the small business landscape. The success of F&B businesses can be attributed to several key factors: a thriving market, strong consumer demand, supportive government policies, and a competitive, innovative environment.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.