Tech news: AuditBoard acquired for $3 billion
Accounting Today
MAY 24, 2024
Plus, Xero goes from $113 million loss to $175.9 million profit; and other accounting technology news.
Fri.May 24, 2024
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The Impact of Timing Can Maximize Payment Collection
Enterprise Recovery
MAY 24, 2024
Timing plays a crucial role in optimizing payment collection strategies. Payment deadlines, reminders and utilizing technology can help increase the likelihood of on-time payments. The basic gist is this - the sooner you can attempt to collect on past-due payments, the more successful you will be. Strategically timing payment collection efforts can enhance the overall collection process and increase the success rate in recovering past-due payments.
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On the move: Baker Tilly appoints next MP of tax
Accounting Today
MAY 24, 2024
Connecticut Society of CPAs installs board of directors; CohnReznick establishes merger integration and carve-out services practice; and more news from across the profession.
5 Tips for Managing High-Volume Accounts Payable with BPA Software
NextProcess
MAY 24, 2024
5 Tips for Managing High-Volume Accounts Payable with BPA Software How many invoices does your company receive each month? If you’re processing hundreds or even thousands of invoices each month, then your company is managing high-volume accounts payable. What qualifies as “high volume” can vary based on your specific company, though. For example, if you’re a small company that’s suddenly growing, the jump from handling 10 invoices a month to handling 50+ can seem overwhelming.
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 With construction projects becoming more complex, outdated processes are no longer sustainable.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.
The new CPA exam points to the future for the profession
Accounting Today
MAY 24, 2024
Accounting needs to evolve in order to face a new reality.
5 Tips for Managing High-Volume Accounts Payable with BPA Software
NextProcess
MAY 24, 2024
How many invoices does your company receive each month? If you’re processing hundreds or even thousands of invoices each month, then your company is managing high-volume accounts payable. What qualifies as “high volume” can vary based on your specific company, though. For example, if you’re a small company that’s suddenly growing, the jump from handling 10 invoices a month to handling 50+ can seem overwhelming.
Why people engage an accountant.
Accounting Fun
MAY 24, 2024
Why people engage an accountant. HMRC: You owe us money. It's called taxes. YOU: How much do I owe? HMRC: You have to figure that out. YOU: I can just pay what I want? HMRC: Oh, no. We can guess how much you owe. But you need to guess it first. Or work it out properly - which we prefer. YOU: What if I get it wrong? HMRC: We'll fine you or send you to prison!
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