September, 2024

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Client Accounting Services to Help Drive Your Business

Accounting Department

When you have a small or mid-size business, one of the issues you can run into is not having all the departments a larger company would have. In other words, you might not have dedicated employees for HR, accounting, and other areas. Fortunately, there are ways to outsource a number of services, including client accounting services. This helps keep your company growing and succeeding, without the need to bring on more employees or overwork yourself to get everything done.

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A glimpse into the future of accounting

Accounting Today

Five major trends and key takeaways from Bill's Accountant Partner Council.

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Intuit introduces Intuit Enterprise Suite to help businesses grow, streamline operations, and scale

Intuit

Today, we announced a major milestone to accelerate our offerings for mid-market businesses with the introduction of Intuit Enterprise Suite , a configurable suite of integrated financial products designed to seamlessly scale and enhance productivity and profitability for businesses as they grow. As the world’s leading financial technology platform, Intuit is best positioned to serve the $89 billion total addressable market of larger, mid-market businesses who have more complex business needs as

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Xero to acquire Syft to enhance reporting and insights capability

Xero

We know how important it is for small businesses to have access to powerful insights to help them run their business better, no matter the economic environment they’re facing. To accelerate our mission to provide powerful insights, we are thrilled to share that Xero is acquiring Syft, a leading global cloud-based reporting, insights and analytics platform for small businesses, accountants and bookkeepers.

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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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Table Extraction using LLMs: Unlocking Structured Data from Documents

Nanonets

Picture this - you’re drowning in a sea of PDFs, spreadsheets, and scanned documents, searching for that one piece of data trapped somewhere in a complex table. From financial reports and research papers, to resumes and invoices, these documents can contain complex tables with a wealth of structured data that needs to be quickly and accurately extracted.

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Data-Driven Insights: Enhancing Decision-Making in Your Organisation

Compleatable

In today’s fast-paced business environment, making informed decisions is crucial for success. That’s why we’re excited to show you recent webinar, “Data-Driven Insights: Enhancing Decision-Making in Your Organisation” This insightful session is hosted by Compleat Software and features Mark Donaldson, from Roveel as our main speaker.

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Managing generative AI in your firm

Accounting Today

The rapid adoption of gen AI has created opportunities for accounting firms — but also challenges.

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Jobs in artificial intelligence (AI)

Intuit

Table of Contents Things to know about the AI industry Jobs in AI to consider in the next step of your career How to get a job in AI Industries that commonly hire AI roles Explore AI jobs at Intuit Artificial intelligence (AI) is a powerful force that is changing our world daily. More than just a disruptive technology, AI is revolutionizing our society in a way we haven’t experienced since the introduction of the internet.

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Beyond automation: How AI can transform the human side of accounting

Xero

I was excited to sit down at Xerocon Nashville recently with Ashley Francis, a CPA with almost 25 years of experience, who has become an accounting expert on using artificial intelligence. Based in the US, Ashley is a well-known speaker, teacher and writer in the accounting industry on the value of incorporating generative AI (GenAI) and automation into practices.

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FAQs on AI-Powered Accounts Payable Automation with Cevinio

Cevinio

AI-powered accounts payable (AP) solutions are revolutionizing finance operations by enhancing efficiency, reducing costs, and improving compliance […]

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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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Cybersecurity in Accounting: 4 Industry Experts Share Their Insights

Ace Cloud Hosting

“It takes 20 years to build a reputation and a few minutes of cyber-incident to ruin it.” ― Stephane Nappo As technology is rapidly evolving, so is the dependency on.

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Financial Planning & Analysis: The Secret to Scaling Your Business Successfully

Accounting Department

Financial Planning & Analysis (FP&A) is crucial for any business aiming to scale successfully. It involves detailed financial forecasting, budgeting, and analytical processes that drive strategic decision-making.

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Meet the 2024 Best Midsized and Large Firms to Work For

Accounting Today

An introduction to the members of Accounting Today's annual ranking of the top workplaces in the profession.

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20 popular engineering careers to consider

Intuit

Table of Contents What is engineering? Jobs in engineering Explore engineering jobs at Intuit Engineering careers are among the most appealing jobs today. According to the U.S. Bureau of Labor Statistics (BLS) , employment in this field is projected to grow steadily, and the median annual wage is significantly high. The median salary for engineers is $91,420, nearly double the annual wage of $48,060 for all occupations.

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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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A new Xero dashboard to elevate your advisory services

Xero

As a busy accountant or bookkeeper, we know you don’t always have time to go through each client’s books to proactively identify issues or opportunities. That’s why we’re thrilled to share that we’ve been testing a new client insights dashboard for advisors, which gives you a snapshot of the financial health of all Xero business edition clients, in one place.

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5 reasons automation is worth the investment

Plooto

Regardless of your hesitations, investing in technology can save you and your team a lot of unnecessary headaches. If you’re on the fence, read these five key reasons why payment automation is worth the investment.

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QuickBooks Enterprise Advanced Pricing Feature: All You Need to Know

Ace Cloud Hosting

Smart business owners and executives know how crucial the right pricing is for their organization. Effective pricing defines the value of your products and services and shapes the company’s overall.

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ADC Attends HubSpot INBOUND 2024!

Accounting Department

Last week, Andrea and Mike of AccountingDepartment.com's Marketing Team, traveled to Boston for HubSpot's INBOUND show.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

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PwC lays off 1,800 employees in U.S.

Accounting Today

The cutbacks are a sign of further retrenchment among the Big Four firms.

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How to write a bookkeeper resume: Examples and tips

Intuit

Table of Contents Bookkeeper resume sample template How to write a bookkeeping resume: What to include Resume writing best practices Update your resume to apply to bookkeeping jobs For bookkeeping roles and beyond, the job market is highly competitive these days. Chances are good you’ll be up against a sea of applicants for whatever jobs you apply to.

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Our journey to new invoicing: an update from Diya Jolly, CPTO

Xero

I wanted to reach out personally, as we officially retire classic invoicing in November after more than a year of transitioning. While we’re thrilled to introduce even more features on our new invoicing platform, I know this change has been difficult for some of our customers. I thought it might be helpful to share a bit of insight into our journey at Xero and explain how changes like this fit into our bigger plans.

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My Experience with Automation: Benefiting Every Industry

Compleatable

In my previous blog I gazed back wistfully at the times when we gleefully committed everything to paper and offices were crammed with lever arch files containing the 6-year life story of a finance department. However, prior to working for a company (Compleat) promoting AP Automation for customers using Sage, QuickBooks, Xero, NetSuite or Sage Intacct I was also involved in other software promoting better use of the earth’s resources.

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Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

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Top 10 Features of Lacerte Software Every Should Know

Ace Cloud Hosting

Lacerte Tax is a robust tax preparation software by Intuit for mid to large businesses. It caters to the needs of individual taxpayers and business clients for a seamless tax.

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ADC Attends EO Nerve 2024

Accounting Department

Our team kicked off another year of EO events last week while attending EO Nerve. ADC Business Development Representative, Shawn Marcum, participated in the multi-day event in Atlanta, GA.

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Top Apps for Accountants 2024

Accounting Today

We asked a panel of accounting technology thought leaders about their favorite applications, and here is what they said.

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Boosting the economy and kickstarting financial confidence for small businesses and accountants in the UK

Intuit

The economy of the UK depends on the financial health and well-being of the more than 5.5 million small and medium-sized businesses (SMBs) around the country. But SMBs aren’t always given a seat at the policymaking table. Small businesses and accountants drive economic growth in the UK and need champions to help them power prosperity. That’s why Intuit asked small business owners and accountants about their wishes from policymakers regarding challenges they face, resources they need, and how pol

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Profit in the Details: Rethinking Spend for Monumental Impact

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

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Four tips to protect your business from cybercriminals

Xero

In this increasingly digital age, small businesses are becoming more and more vulnerable to the threat of cybercrime. In particular, there has been an increase in supply chain attacks targeting small businesses. Cybercriminals are constantly adapting their tactics and using AI to fuel their attacks. As technology advances, so does the risk to your sensitive data.

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How Long Does AP Automation Take?

Compleatable

How Long Does AP Automation Take? So, what exactly is AP automation? In a nutshell – AP Automation describes software and solutions that aid the retrieval, registration, processing, approval, and payment of purchase invoices. Planned and executed properly, automating AP processes can improve the finance function, saving finance teams time and money.

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Zero Trust Security – What is It? How It Works? 

Ace Cloud Hosting

Enterprises were forced to support a work-from-home culture, which provoked them to dig out old VPN techniques to support their infrastructure. They did all they could to keep their internal.

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Dynamic Forecasting is Here to Keep Business Owners Informed

Accounting Department

Experienced business leaders know that accurately predicting future financial outcomes is a highly complex challenge. It’s a process not to be left only to logic that is based on reviews of combined financial reports from the past.

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Navigating Bleisure Travel: A Guide for Mid-Sized Companies

Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.