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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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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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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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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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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Building a Business Case for Finance Automation

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

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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.

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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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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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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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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

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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.