AP Association

APRIL 24, 2019

Many people ask why they should invest in their learning and development if they are not going to receive a formal qualification or professional CPD points for their efforts… Yes, it’s true, some learning events will not give you this formal recognition, while others will, but continued learning is an essential part of your career growth plans if you want to move up the ladder in Accounts Payable.

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Bookkeeping Essentials

APRIL 26, 2019

Tips on how to optimize Chrome browser features for cloud accounting software like QBO (QuickBooks Online) and other cloud accounting related software. You need to know this stuff if you are using QBO!

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Dext

APRIL 16, 2019

This year, Receipt Bank did a company-first. We took a select group of Australian partners away from their desks for an immersive learning experience, to share best practices to help them continue to build their firms. The experience took place at the Sheraton Grand Mirage Resort in Port Douglas for three days.

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AvidXchange

APRIL 1, 2019

As the costs of purchasing continue to rise, it’s important that business owners follow best practices when it comes to the procurement process. In today’s economic climate, CFOs and business executives have little room to rest on their laurels without feeling the heat from investors and external entities. For this reason, you’ve got to transform your procurement process across your supply chain to achieve “best in class” status.

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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.

Cloud Accounting Podcast

APRIL 28, 2019

Sponsor Xero: [link] Show Notes 01:21 -- We got some more reviews! Leave us a review on iTunes and we’ll read it on the air. 02:33 -- Scroll to the comments of this review on The College Investor for some pretty scathing reviews of Visor, the $99 tax prep service we covered in the last episode of the Cloud Accounting Podcast (they did not have a good busy season). 03:15 -- Ryan Lazanis says that the only way traditional accounting firms can compete with accounting startups like Visor, Pilot, Ben

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AP Association

APRIL 10, 2019

With APA Appreciation Week kicking off on Monday 13 th May, we are dedicating an entire week to appreciating AP professionals! Why only one week? You can read about that here… [link]. For now though, we want to know what you are doing to celebrate! Here are some ideas from other AP teams – feel free to steal some: Focus on education and personal development Have a fancy dress Friday on 17 th May Have a themed dress-your-office day on Friday 17 th May Casual clothes Friday Dress up

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AP Association

APRIL 2, 2019

Since his Spring Statement when the possibility for fines on late payers was announced, Chancellor, Philip Hammond has had AP departments scrambling to get their acts together and put measures in place to get significantly more organised with regards to payment processing. If your business has not yet begun looking at ways to reduce the length of the payment timeline, this article may be a push in the right direction.

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Cloud Accounting Podcast

APRIL 22, 2019

Sponsor Xerocon: [link] Show Notes 00:52 -- Welcome to our first guest co-host, Rachel Fisch ! 01:36 -- We got another review! Leave us a review and we’ll read it on the air. 02:32 -- Visor , the $99 app-based online tax service, did NOT have a great busy season. David’s got all the sordid details in a detailed LinkedIn article. 20:16 -- …and after all that, David didn’t even get to chat with Claudell :( 23:30 -- Zoom raises IPO price and could begin trading with a $9B valuation 27:16 -- Online

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Cloud Accounting Podcast

APRIL 15, 2019

Sponsor Xerocon: [link] Show Notes 00:53 -- Thanks for the reviews! Give us a review on iTunes and we’ll read it on the air. 01:51 -- The house passed a bill permanently banning the IRS from creating its own free online tax preparation software. Here’s the coverage in Huffington Post , Business Insider , and ProPublica. For the history on IRS-assisted tax prep and the arguments for and against, listen to Planet Money #760: Tax Hero. 08:43 -- As cashless stores grow, so does the backlash — this t

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AvidXchange

APRIL 10, 2019

Tedious as it may seem, every business transaction needs to be recorded in the right account. The problem, however, is that unless you have automated accounts payable software, finding the correct account isn’t always such a simple task. Fortunately, a chart of account can help you with that. Whenever you need to find a line item on an old invoice, do you find yourself having to go back and search through mountains of paperwork, or thumb through rows of filing cabinets drawers?

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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.

Collections

AvidXchange

APRIL 10, 2019

Every year an increasing number of companies are turning to global business travel solutions to spur bottom-line growth, solidify customer and supplier relations, and remain competitive in an international market. However, not enough business leaders regard expense management as a function of equal importance to other internal departments. According to one study, North American companies that met “best-in-class” performance standards were 40% more likely to utilize expense management solutions.

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Cloud Accounting Podcast

APRIL 7, 2019

Sponsor Xerocon: [link] Show Notes 03:32 -- We got another review! If you like what you hear, do us a favor and leave a review on iTunes. 04:00 -- Intuit is creating 200 to 500 jobs at a new “ prosperity center ” in the small city of Bluefield, West Virginia. 06:16 -- A new study says the top benefit employees want is unlimited paid time off (PTO), putting that benefit ahead of wellness plans, phased retirement programs, paid sabbaticals, and free or subsidized on-site services. 08:13 -- So give

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AvidXchange

APRIL 5, 2019

To fulfill your business’s mission, you need to develop strong and lasting relationships with your suppliers. Adopting vendor management best practices will help you forge a stronger bond with your suppliers by working toward mutually beneficial agreements for both their company and yours. No matter if you work with one supplier or hundreds, your business must have an efficient vendor management system to assist with organizing contract terms, points of contact, financials, and more.

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AvidXchange

APRIL 4, 2019

As a business owner, the last thing you want to do is pay a fraudulent or inaccurate invoice. Three way matching can help safeguard your accounts payable against incorrect or fraudulently submitted invoices. Today, an increasing number of business owners and departments in charge of finances are using three way match processing to mitigate risk and reign in company spending.

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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.

Accounts Payable

Cloud Accounting Podcast

APRIL 3, 2019

Sponsor Xero: [link] Show Notes 00:52 -- We got some more iTunes reviews! Leave us a review and we might read it on the air. 02:09 -- New usage rules for Intuit's popular accounting software could mean some customers will need to move to a pricier plan. And some entrepreneurs say it's one tweak too many. 06:26 -- The next "QuickBooks With Live Bookkeeping" test is up and running.

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Dext

APRIL 2, 2019

What do exotic pets, human organs and receipts have in common? They’re all available on the black market, according to a recent BBC report. While an illegal market for something as mundane as receipts might be surprising, it’s a logical extension of a cash-based expense system. And the problems don’t stop there.

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AP Association

APRIL 24, 2019

“E-invoicing? Oh yes…. We use e-invoicing all the time, most of our invoices come through electronically” …… but is this a true e-invoice? In this blog we aim to dispel the myths around e-invoicing and explain why it should be on the roadmap for all businesses. What is an e-invoice? It is structured, tax compliant, authenticated invoice data issued from a supplier to a buyer and is the only version of the invoice relevant to the tax authorities and auditors.

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