Wed.May 29, 2024

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Recruiting practices to combat the hiring crisis in accounting

Accounting Today

Firms are using different recruiting practices to attract younger talent, thinking outside the standard talent pool and prioritizing company culture and personal growth opportunities.

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Fidesic AP Suite Announces Multi-Entity Integration for Microsoft D365 Business Central

Fidesic blog

Vendor invoices are now easier to process for AP professionals using Microsoft Dynamics Business Central with Binary Stream Multi-Entity Management (MEM).

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Expanded 401(k) eligibility is taking businesses by surprise

Accounting Today

There's a new method of counting defined contribution retirement plan participants that can make a big difference for clients.

Tax 334
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Paperless Accounting: Benefits and Best Practices

LedgerDocs

In recent years there has been a massive emphasis on prioritizing efficiency and sustainability in your business practices. One significant shift that many accounting, bookkeeping, and financial management firms are making is moving towards a more paperless approach to managing their clients files. By digitizing financial documents and introducing automation into data entry and categorization processes, many companies have been able to save time and money, reduce errors, and contribute to enviro

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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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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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PwC to become reseller for OpenAI's ChatGPT Enterprise

Accounting Today

PwC announced it has made a deal with OpenAI to become the first reseller for ChatGPT Enterprise.

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Why automating non-PO invoice processing doesn’t have to be a tall order

Cevinio

Learn how our solution autonomously handles both PO and non-PO invoice processing, boosting efficiency and compliance in your AP department.

More Trending

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8 Ways to Accept Payments Online For Your Small Business

Counto

8 Ways to Accept Payments Online For Your Small Business As a small business owner, accepting online payments is crucial for your success. In today’s digital world, providing a variety of payment options can significantly enhance your customer experience and streamline your business operations. Let’s explore the different methods you can use to accept payments online, tailored to fit various business needs and preferences. 1.

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FAF marks GASB and FASB anniversaries

Accounting Today

The Financial Accounting Foundation commemorated the 40th anniversary of the creation of the Governmental Accounting Standards Board in its annual report and also referenced the 50th anniversary last year of the Financial Accounting Standards Board.

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May 29, Benefits of Good Bookkeeping Practices | What Do I Get Out Of It?

Bookkeeping Essentials

Ever wonder if you're following good bookkeeping practices? Do you just cross your fingers hoping the tax assessor won’t call? You’re organized, keep up with.

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Treasury, IRS propose guidance on clean electricity tax credits

Accounting Today

The proposed rules on the Clean Electricity Production Credit and the Clean Electricity Investment Credit aim to spur renewable energy development.

Tax 195
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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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Amazon S3 vs Google Cloud Storage vs Azure Storage Cost

Economize

Introduction to Cloud Storage Pricing Cloud storage pricing is a critical aspect for businesses looking to store and manage their data efficiently. Cloud Pricing Models can vary significantly among service providers, often influenced by factors such as storage capacity, data transfer volumes, and additional features like data redundancy, security, and access speed.

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ISSB releases jurisdictional guide to sustainability standards

Accounting Today

The International Sustainability Standards Board and the IFRS Foundation published an inaugural guide to using their standards in different countries.

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Tax Plan Carefully with HSA Recommendations

Insightful Accountant

HSAs offer triple tax benefits: pretax contributions, untaxed earnings, and penalty-free withdrawals for medical expenses. Tax pros should be cautious of pitfalls in client tax planning with HSAs.

Tax 59
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PwC lost Big China clients after Evergrande-linked probe

Accounting Today

China Taiping Insurance Holdings, China Merchants Bank, China Railway Group, China Electronics Huada Technology and People's Insurance Company (Group) of China are among those that changed auditors.

Auditing 189
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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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May 29, Organized Recordkeeping System - Home Based Office Filing System

Bookkeeping Essentials

What is the best recordkeeping system to get and stay organized so you can get rid of those drawers of stashed receipts? Simple choices and guidelines to eliminate stress and panic.

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Move beyond the busy season mindset and take control

Accounting Today

There are advantages to an extended (but carefully scheduled) tax season.

Tax 154
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13 Best Integrations for Sage Software in 2024

Ace Cloud Hosting

Sage Software is a powerful tool for managing your business but integrating it with additional services can unlock even more potential. This blog post explores the top 13 integrations and.

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How To Make Credit Notes? Process and Tips!

Invoicera

Introduction Have you ever been faced with the inconvenience of addressing customer returns or fixing invoice mistakes? Then you are not by yourself. Credit notes are essential because businesses frequently have to make corrections to transactions or issue refunds. Recent industry statistics state that more than 60% of organizations struggle with credit note administration, which could have a negative impact on their financial stability and cause possible disruptions.

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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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Future of Accounting: The 2024 Annual Guide

Future Firm

Discover the future of accounting this 2023 and learn specific tips and strategies on how you can best prepare for it. The post Future of Accounting: The 2024 Annual Guide appeared first on Future Firm.

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Enhanced Functionality Comes to QuickBooks via QuickBooks Time

Insightful Accountant

QuickBooks Time users can now access more 'time' features within QuickBooks without having to switch to QuickBooks Time.

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Pricing High Can Make You Busier

Future Firm

Discover the drawbacks of pricing high. Learn to balance profitability with manageable work hours and scale your services effectively. The post Pricing High Can Make You Busier appeared first on Future Firm.

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A Practical Guide to Purchase Order Systems

Nanonets

Purchase orders (PO) are legal documents that are drawn to finalize contracts between a buyer and a supplier. Today, the purchase order has become an indispensable part of modern businesses. It is involved whenever goods or services are being procured and plays critical roles in formalizing agreements tracking orders controlling expenditures resolving disputes However, managing these purchase order documents manually is a big hassle. manual purchase order processing can increase cycle times

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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.

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AWS FinOps: Why, How, and 6 Tools to Get You Started

finout

What Is FinOps? FinOps is a framework and organizational paradigm which aims to increase the business value of cloud investments. It provides the data needed for informed decision making and encourages financial accountability via collaboration between technical roles, finance, and business teams.

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Member Spotlight: Emerging Leader Award

NACM

In every industry, exceptional leaders offer direction, inspiration and guidance, serving as the cornerstone of organizational progress and growth. But leadership goes beyond leading from the front—it fosters new voices, fresh perspectives and untapped potential.That's why NACM actively seeks future credit leaders who will shape the direction of th.

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Yellen embraces carbon market potential

Accounting Today

The Biden administration unveiled a framework that includes principles to help ensure the trading regimes deliver real emissions reductions.