Accounting Today

SEPTEMBER 27, 2024

Plus, AuditBoard announces new analytics features; Airbase launches 'Touchless AP' capacities; and other accounting technology news.

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Enterprise Recovery

SEPTEMBER 27, 2024

Building trust is paramount in the debt recovery process, and communication is the foundation of trust. Clients are more likely to cooperate and engage positively when informed about the collections process and their options. Clear and honest communication helps to demystify the debt recovery process, reducing any anxiety or confusion the client may have.

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Collections 82

Accounting Today

SEPTEMBER 27, 2024

Recent data has found that successful firms maintain a balance of both advisory and compliance engagements.

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Counto

SEPTEMBER 27, 2024

Allowable Business Expenses: What SMEs in Singapore Need to Know For small and medium enterprises (SMEs in Singapore), understanding allowable business expenses is key to optimising financial performance and minimising tax liabilities. By being aware of these expenses, you can enhance your tax planning strategies. Let’s explore the main categories of allowable business expenses that can help reduce your taxable income. 1.

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Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

Accounting

Accounting Today

SEPTEMBER 27, 2024

Third-party payers like payroll providers can now withdraw claims for individual clients.

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Counto

SEPTEMBER 27, 2024

Reducing Utility Costs: Practical Tips for SMEs in Singapore For SMEs in Singapore, managing and reducing utility costs is crucial for maintaining a healthy profit margin amidst rising energy expenses. Effective strategies can help you lower your utility bills and enhance overall financial sustainability. Here’s a practical guide tailored for SMEs in Singapore to reduce utility costs and improve efficiency. 1.

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Counto

SEPTEMBER 27, 2024

Launching a Business in Singapore with a Dependant Pass Starting a business in Singapore as a Dependant Pass (DP) holder can be a rewarding venture. This guide provides a clear roadmap for establishing your business in Singapore while ensuring you meet all necessary requirements and legal obligations. 1. Understanding the Dependant Pass 1.1 What is a Dependant Pass?

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Accounting Today

SEPTEMBER 27, 2024

Kirsch CPA Group in Hamilton, Ohio, is one of the first small firms to transition to an employee stock ownership program.

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Counto

SEPTEMBER 27, 2024

Navigating PDPA Compliance: A Practical Guide for SMEs in Singapore As a small business owner in Singapore, understanding and adhering to PDPA compliance is crucial for managing personal data effectively. The Personal Data Protection Act (PDPA) governs how personal data is collected, used, and disclosed by organisations. This guide provides a detailed overview of PDPA compliance and its implications for SMEs in Singapore. 1.

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Accounting Today

SEPTEMBER 27, 2024

Private equity may bring valuable, if not entirely welcome, changes to the accounting profession.

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Accounting Accounting 161

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Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.

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Counto

SEPTEMBER 27, 2024

How GDPR Impacts SMEs in Singapore: A Comprehensive Guide For small and medium enterprises (SMEs) in Singapore, understanding the General Data Protection Regulation (GDPR) is crucial, especially if your business processes personal data of individuals from the European Union (EU). This guide outlines how GDPR affects SMEs in Singapore and provides practical tips for compliance. 1.

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AvidXchange

SEPTEMBER 27, 2024

Automating accounts payable (AP) is an effective way to streamline your invoice approval and payment processes, reduce costs, and strengthen supplier relationships. Traditional AP processes can be time-consuming, prone to human error, and involve a lot of manual data entry. By adopting automation tools, businesses can simplify invoice processing, speed up approval workflows, and gain better visibility into payment cycles.

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Counto

SEPTEMBER 27, 2024

Exploring the Four-Day Work Week in Singapore: Is It Right for Your Small Business? The idea of a four-day work week has been gaining traction globally, and Singapore is no exception. According to a recent survey by recruitment firm Robert Walters, nearly 70% of employers in Singapore see this work arrangement as feasible. This statistic reflects a growing interest in more flexible work models, fuelled by the potential for improved productivity and better work-life balance. 1.

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Economize

SEPTEMBER 27, 2024

Amazon EC2 (Elastic Compute Cloud) instances offer flexible, scalable computing power for businesses of all sizes. However, this flexibility also introduces the challenge of controlling costs, especially when EC2 resources are not properly optimized. For organizations ranging from startups to large enterprises, fine-tuning EC2 instances is critical for balancing performance with cost-efficiency.

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Computation 52

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

AR

Counto

SEPTEMBER 27, 2024

Understanding the Reverse Charge Mechanism for SMEs in Singapore Navigating the GST landscape can be complex, particularly with the introduction of the Reverse Charge Mechanism (RCM) in Singapore. This tax policy significantly impacts how small and medium-sized enterprises (SMEs) handle GST for imported services and low-value goods (LVG). Effective from 1 January 2020, for services and extended to LVG from 1 January 2023, the RCM introduces new requirements for GST-registered businesses.

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Nanonets

SEPTEMBER 27, 2024

The need for automation in the insurance industry is more pressing than ever. According to a recent study by Datos Insights , the insurance industry lags in terms of digitisation, with only 20% automation in underwriting and less than 3% automation in claims processing across sectors. This gap represents a significant opportunity for improvement and cost savings.

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CapActix

SEPTEMBER 27, 2024

Managing accounting tasks without the right expertise can lead to mistakes, inefficiencies, and lost time. As businesses grow, the need for accurate financial management becomes critical. Many companies find that managing QuickBooks in-house is too time-consuming and prone to errors. This is where hiring QuickBooks bookkeeper becomes an effective solution.

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Nanonets

SEPTEMBER 27, 2024

Traditional (manual) underwriting processes often struggle to keep pace with the growing complexity of modern risk assessment, data collection, and policy management. 🧐 According to a McKinsey report , manual underwriting processes can increase operational costs by up to 40% and extend the underwriting cycle time by several days to weeks ! Scaling traditional underwriting operations becomes increasingly challenging as underwriters spend a significant amount of time gathering and verifyin

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Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

Accounting

Counto

SEPTEMBER 27, 2024

How Open Banking Is Revolutionising Financial Services for SMEs in Singapore As a small business owner in Singapore, understanding the impact of open banking can unlock new financial opportunities. Open banking is transforming how SMEs access financial services, manage cash flow, and engage with personalised products. Here’s how: 1. Enhanced Access to Financial Services Securing financial support has often been a challenge for SMEs due to limited data visibility.

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Counto

SEPTEMBER 27, 2024

Maximising Opportunities: The Business Grants Portal for SMEs in Singapore As a small business owner in Singapore, navigating the myriad of funding options can be overwhelming. The Business Grants Portal (BGP) is designed to simplify this process, providing you with a wealth of resources tailored specifically for small and medium enterprises (SMEs).

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Counto

SEPTEMBER 27, 2024

CorpPass and Corporate Tax Filing: A Complete Guide for Foreign Entrepreneurs in Singapore Navigating Singapore’s regulatory landscape can be challenging for foreign entrepreneurs, especially when it comes to managing corporate tax responsibilities. CorpPass (Corporate Access) is a critical tool that streamlines these processes by providing a centralised system for business-to-government (B2G) interactions.

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