Wed.Mar 27, 2024

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Is there room for number crunchers?

Accounting Today

Is the age of the bookkeeper coming to an end? Is the payroll specialist an endangered species? Are the days of the tax preparer who focuses on basic 1040s numbered?

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Mastering Cash Reconciliation: Process, Best Practices, and Automation Tips

Accounting Department

Balancing the books in any retail enterprise can be a nerve-wracking task. For small business owners and retail managers, ensuring that cash in the register matches the sales receipts is not just about maintaining financial accuracy – it's the linchpin of trust in your business and a crucial safeguard against fraud or operational errors. This comprehensive guide takes you through the intricate yet critical process of cash reconciliation, offering you a clear path to financial vigilance, operatio

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Auditors want better work-life balance, compensation and career development

Accounting Today

A negative outlook on work-life balance is one of the most important factors driving people away from the auditing profession.

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Intuit partners with The Farmlink Project to address climate change and combat food waste

Intuit

Intuit has joined forces with The Farmlink Projec t , a nonprofit organization dedicated to redirecting unsold fresh produce to underserved communities. The joint initiative resulted in over 8 million meals delivered to communities in Los Angeles and prevented over 9 million pounds of food from going to waste since 2023. In addition, more than 13,000 tons of CO2e emissions have been avoided since 2023 with this collaboration, which is equivalent to taking almost 3,000 gasoline-powered vehicles o

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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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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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The riskiest jobs in accounting

Accounting Today

Does your job primarily involve data entry and routine processes? If so, it may be time for a pivot.

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Predictions for Post Election Tax Law Changes

Insightful Accountant

The Senate Finance Committee recently held a hearing to discuss Biden’s proposed budget and tax law changes and tax pros are now speculating what those proposals may mean for the rest of 2024.

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Why Bookkeepers must finely tune their tech skills

Insightful Accountant

Bookkeepers need cloud computing, AI, and automation to enhance service levels. These tools enable quicker and more efficient completion of tasks, ultimately improving overall performance. Read more about it here!

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Creating a strategy for successful business model transformations

Accounting Today

The first step is going to be conversation — lots of it.

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Intuit builds "Done-for-you" Tax Model based on AI

Insightful Accountant

In our attempt to bring you more International Coverage welcome an "International Pro's Perspective". Sholto Macpherson brings a fresh perspective on the Accounting Tech.

Tax 105
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ESOP gives BDO employees a stake in firm's future

Accounting Today

An employee stock ownership plan may be the answer as the accounting profession faces a talent shortage.

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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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6 steps to maximize and secure your tech tack

Plooto

In today's rapidly evolving digital landscape, new technology is helping even the smallest businesses play big. But without an internal team to help narrow down the many options, it might be a challenge to understand what’s available, how integration with your current systems will work, and how your chosen solution provides security for you and your customers.

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Jobs without a future

Accounting Today

The jobs that will become a lot less common in accounting in the future are those that involve the inputting and manipulation of data for routine and repeatable tasks

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QuickBooks and Alternatives for International Payments in 2024

Nanonets

QuickBooks is one of the top names in accounting and bookkeeping, customizable enough to appeal to a wide range of business types and sizes while staying sufficiently standardized to ensure a common user experience for all users – even international clients. Though usable by customers and clients in many countries and even integrable between them, one question tends to be tough to answer: Does QuickBooks accept international payments?

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First test of US e-invoicing network hailed as success

Accounting Today

The Digital Business Networks Alliance, a Federal Reserve-sponsored group, announced the first successful transmission of an electronic invoice over the new U.S. network.

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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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What is a Treasury Management Software? & Top 5 Treasury Management Solutions in 2024

Nanonets

If cash concerns keep you up at night, you may need treasury management software for your business. Treasury management describes a whole range of working capital and cash flow concerns, and treasury management tools serve to simplify that side of the balance sheet. No matter the business size, we’re all digitized and, in many cases, globalized – making the need for a one-stop treasury management shop  all the more important for today’s business leaders.

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Chris Meyer on Empowering Accountants: Enhancing QuickBooks Online Analytics with Finatical Software

Insightful Accountant

Gary DeHart hosted the Accounting Insiders podcast with Chris Meyer, CEO of Finatical Software. They discussed Chris's transition from accounting to software development and his focus on financial analytic solutions for QuickBooks Online users.

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6 Things Your Clients Hate About Your Accounting Firm

Future Firm

Explore common client frustrations with accounting firms and learn how to avoid them. Get actionable advice in this episode. The post 6 Things Your Clients Hate About Your Accounting Firm appeared first on Future Firm.

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Unlocking Amazon Success: Essential 2024 Selling Tips

Counto

Unlocking Amazon Success: Essential 2024 Selling Tips With Amazon being a powerhouse in the online marketplace, it’s crucial for businesses to understand the ins and outs of successful selling on this platform. Whether you’re a newcomer or a seasoned online seller, these expert tips will guide you through the process of increasing your sales on Amazon effectively. 1) Choose Products Wisely Before diving into the world of online selling, it’s crucial to choose products strategic

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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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6 steps to maximize and secure your techs tack

Plooto

In today's rapidly evolving digital landscape, new technology is helping even the smallest businesses play big. But without an internal team to help narrow down the many options, it might be a challenge to understand what’s available, how integration with your current systems will work, and how your chosen solution provides security for you and your customers.

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Mastering Payroll Compliance: A Guide for Singapore SMEs

Counto

Mastering Payroll Compliance: A Guide for Singapore SMEs In this guide, we’ll provide essential tips and best practices tailored to companies in Singapore, empowering business owners to streamline their payroll processes and avoid potential pitfalls. Understanding Payroll Compliance Payroll compliance encompasses a range of legal obligations that businesses must fulfil concerning employee compensation and tax-related matters.

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Kubernetes Cost Monitoring And Observability Tools Of 2024

finout

A microservice architecture supported by containerized applications underlies many cloud-native technologies. Not only do they offer scalability and flexibility, but they also ensure that applications are packaged with all the resources they require.

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5 Tips for an Automated Cash Application Process

Gaviti

Increased globalization and cross-border transactions, a proliferation of diverse payment channels and methods, and rising customer expectations are creating more complex business environments for accounts receivable teams. As a result, they have increasingly turned to automated cash application to adapt to these challenges. What is Automated Cash Application?

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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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Member Spotlight: One Step at a Time

NACM

In B2B credit, business and law go together. Developing skills in business law helps credit professionals navigate complex legal environments, mitigate risks, protect assets and foster ethical conduct. Timothy Van Natta, CBF, clinical assurance division chief at California Department of Health Services (Sacramento, CA), just earned his Certified Bu.

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