What is the Procure to Pay Process?
Ascend Software blog
AUGUST 18, 2021
If you've been in the Finance and Accounting world for a while, this should be nothing new to you. But, for everyone else, we've organized it into eight simple steps.
Ascend Software blog
AUGUST 18, 2021
If you've been in the Finance and Accounting world for a while, this should be nothing new to you. But, for everyone else, we've organized it into eight simple steps.
CloudZero
AUGUST 30, 2021
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SMB Accounting and Consulting
AUGUST 30, 2021
When applying for government contracts, it’s important to understand the types of contract options that are available to you. Each type of contract carries its own risks and opportunities and can help you make decisions when compiling your proposal. Project managers should work closely with their team to manage resources, track the project’s performance to budget, and communicate with the accounting department to review billing rates to make sure the contract remains profitable.
IPS
AUGUST 4, 2021
One of the most common questions I'm asked by accounts payable professionals is: "How long should it take my department to process an invoice?".
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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.
Dext
AUGUST 30, 2021
Ad Valorem is a leading, proactive accountancy business managing clients from start-up to 20m turnover. As a family business with family values, Ad Valorem support and understand other family businesses to achieve their goals.
Billah and Associates
AUGUST 30, 2021
While running a business or an enterprise, the glamorous idea of owning something can digress people from what really matters. There are enthusiastic activities that are often associated with businesses like creative ads, selling like a pro, working hard, achieving results, and more. But there’s something that a lot of people miss – bookkeeping.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
CloudZero
AUGUST 23, 2021
The market for Software-as-a-Service (SaaS) continues to grow exponentially. But more SaaS companies are reporting lower margins these days, despite historically enjoying 60-90% margins on average.
Oversight
AUGUST 30, 2021
Benchmarking your risk and capacity to address it are critical first steps in tackling cost control. Over the past 12 months, we have seen a dramatic rise in problem transactions (44% of Accounts Payable have been identified as problematic). Since 2019, cash leakage has risen over $8 Million which causes the cost of recovery to increase.
IPS
AUGUST 26, 2021
Is your AP automation solution falling short on expectations? If you are nodding your head, you are not alone.
AvidXchange
AUGUST 24, 2021
Your company may be ready to shift to accounts payable (AP) automation. But mistakes could be made along the way. What are those stumbling blocks and how can your company avoid them to make this transition a success? Here’s a list of five common mistakes, advice on how to dodge them and a collection of questions to test the knowledge you gain along the way: The post POP QUIZ: Can You Avoid These 5 AP Mistakes?
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.
Brigade
AUGUST 23, 2021
Does your business have a development pipeline? That can be a tough nut to crack when your company exists on billable activities.
MediRevv
AUGUST 20, 2021
Patient accounting system conversions can be complex, confusing, and costly, even when they're done "right." The truth is that even the simplest conversion can create huge financial burdens if not executed with care and specific goals in mind. Conversions can involve multiple departments, tight deadlines, training teams, and overcoming a huge learning curve.
CloudZero
AUGUST 27, 2021
One of the major benefits of choosing the cloud over on-premise architecture is the ability to easily and quickly scale — but what does scalability mean in cloud computing?
Bookkeeping Side Hustle
AUGUST 19, 2021
Become a Certified FreshBooks Accounting Partner The links in this article to sign up for the FreshBooks Accounting Partner program are tracking links (not paid) so FreshBooks can assess how many people are coming from the Bookkeeping Side Hustle Community. Click here to become a Certified FreshBooks Accounting Partner Learn how you can get your free FreshBooks Accounting Partner certification and serve clients on FreshBooks.
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.
Dext
AUGUST 17, 2021
About Harvest Accounting Harvest Accounting (Harvest) is a digital-first accounting firm that was founded in 2018 with a goal to help small businesses succeed.
AvidXchange
AUGUST 23, 2021
This just in, finance professionals: You’ve entered a different world. You’re facing an ongoing wave of new technology to learn about, understand and use effectively. You have great opportunities to develop new skills to drive business growth and competitive differentiation. However, this requires a new way of thinking about technology and business.
Brigade
AUGUST 18, 2021
Will the success of your company continue once current managing partners are no longer the leaders? It is a question of tremendous importance that too often gets put on the back burner. But, the worst-case scenario is avoidable. Here are the reasons why your firm should move succession planning to the front burner.
XY Bean Counters
AUGUST 3, 2021
5 MIN READ As we begin to slowly emerge from the pandemic, business owners and clients alike will need time to re-adjust. There is a mutual sense of urgency to return to normalcy and recover from the long and difficult period that we have all experienced. The professional world may never be the same; rebounding and finding a sustainable long-term action plan will be no easy task.
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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.
CloudZero
AUGUST 25, 2021
EC2 Spot Instances, according to Amazon , can potentially save you up to 90% of what you’d otherwise spend on On-Demand Instances.
Bookkeeping Side Hustle
AUGUST 16, 2021
Review of the Fast and Easy QBO ProAdvisor courses from Margie Remmers-Davis This post may contain affiliate links for your convenience. This means that if you make a purchase using our link, we’ll receive compensation at no additional cost to you. Margie Remmers-Davis has two courses to help you with your QuickBooks ProAdvisor Certifications. Get help with the QuickBooks Online ProAdvisor BASIC certification Get help with the QuickBooks Online ProAdvisor ADVANCED certification Email me at book
MediRevv
AUGUST 30, 2021
A checklist to avoid shortfalls with y our l egacy A/R before you start your system conversion.
AvidXchange
AUGUST 5, 2021
In one of the more important discoveries during the pandemic, workers have been more productive working from home than they were working in corporate offices before the crisis began. This revelation was something experts resoundingly agreed upon during AvidXchange’s recent REVx on the Road event in Houston, Texas. “Without a doubt, our company has been more productive since work-from-home began because of the pandemic,” said Joe DeDominicis, CFO and CTO of NRL Mortgage.
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.
Brigade
AUGUST 8, 2021
Professional service firms have unique bookkeeping and accounting concerns. Law firms, in particular, need specialized assistance to ensure the firm’s financial management practices do not cause any ethics violations.
XY Bean Counters
AUGUST 3, 2021
5 MIN READ As we begin to slowly emerge from the pandemic, business owners and clients alike will need time to re-adjust. There is a mutual sense of urgency to return to normalcy and recover from the long and difficult period that we have all experienced. The professional world may never be the same; rebounding and finding a sustainable long-term action plan will be no easy task.
CloudZero
AUGUST 20, 2021
Your organization may be among the 68% that is increasing container adoption. Or you might be among the 32% that are yet to decide. Either way, containers are a big deal today. The 2021 Kubernetes Adoption Survey revealed a majority of organizations will implement the technology for their biggest tech challenges today.
IMA's Count Me
AUGUST 29, 2021
IMA Website: [link] About the CMA Certification: [link] For nearly 50 years, the CMA® (Certified Management Accountant) certification has been the global benchmark for management accountants and financial professionals. Why? Because CMAs can explain the "why" behind numbers, not just the "what." And that can give you greater credibility, higher earning potential, and ultimately a seat at the leadership table.
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.
Cloud Accounting Podcast
AUGUST 26, 2021
Sponsors Rewind: [link] AFO Wealth Management Forward: [link] Client Hub: [link] Show Notes 1:40 – We’ve hit the big time! We’re 2,034 out of all podcasts in the universe! 2:05 – An Exclusive Guide to America's Top Private Companies [link] 4:00 – TikToker Shares How She Spent Millions of Dollars for Alabama Sorority at 19 [link] 10:45 – Why this New York designer loves doing her own bookkeeping [link] 14:36 – These People Who Work From Home Have a Secret: They Have Two Jobs [link] 16:
MediRevv
AUGUST 20, 2021
What do successful, future-focused organizations all have in common? They are excellent at embracing change. As many of us witnessed during the pandemic – from restaurants to healthcare providers – the ability to adapt to meet consumer needs and perform well financially is critical. So, let’s talk patient accounting systems and your revenue cycle strategy.
AvidXchange
AUGUST 17, 2021
While there’s plenty of momentum toward automating accounts payable (AP) processes, the reality is that a large number of businesses are stilling paying with paper checks. During the recent REVx on the Road event with finance leaders from the Denver area, this became abundantly clear. A few stop-in-your-tracks stats from a Goldman Sachs research report were shared with the panel of finance pros.
Dext
AUGUST 13, 2021
In this case study, you’ll see how Simplefficient Bookkeeping reduced time spent on data entry by 50% with Dext Commerce. About the firm Simplefficient Bookkeeping Limited’s founder Steph Jones has worked tirelessly to become the responsive resource that her portfolio of clients depends on when handling their financial affairs.
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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