May, 2021

article thumbnail

Webinar Replay: How Panera Bread Automated Accounts Payable

Ascend Software blog

It's amazing to hear stories of how much efficiency and cost savings can be achieved through AP automation. But, leaders like Josh Kennedy will tell you that it's not as simple as picking a solution, turning it on, and saying goodbye to slow manual processing. Josh and his team underwent major changes to move from a manual AP process to a fully automated one with Ascend SmartTouch AP for Workday and they solved some significant business problems along the way.

article thumbnail

Snowflake vs. Redshift: Which One Is Best For You?

CloudZero

Data is a key business intelligence tool. Successful businesses rely on data to make decisions. And every business needs a secure destination for storing collected data for later analysis. Cloud-based data warehouses are increasingly becoming the go-to destination.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Improve Visibility by Optimizing your Accounts Payable Process

IPS

Today's increasingly competitive business environment requires fast decision-making.

article thumbnail

Vantaca Partner Spotlight

AvidXchange

AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, today announced a renewed partnership with Vantaca , a leading accounting system designed specifically to meet the complex needs of community association managers, accounting teams, board members and homeowners. Initially formed in 2019 , AvidXchange and Vantaca’s strategic partnership serves customers and homeowner associations (HOAs) looking to transform the way they pay bills by

AP 52
article thumbnail

From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

article thumbnail

How to clean up Opening Balance Equity in QuickBooks Online

5 Minute Bookkeeping

What should you do if you are working on a massive QuickBooks Online cleanup and you come across a mysterious balance in an account called Opening Balance Equity on the balance sheet? You probably won’t recall ever adding that account to QuickBooks Online, or categorizing any transactions to/from it. So what is it, and why is it showing up on your balance sheet?

article thumbnail

Reg F: Analysis & CFPB Commentary by General Counsel

RevCycle

Regulation F and the CFPB commentary are over 900 pages of regulatory changes to everyday operational matters faced by the debt collection industry. Our team has spent months reviewing Regulation F for the purposes of implementing adjustments to our processes (you can learn about our organizational structure including Alliance Collection Agencies here ).

More Trending

article thumbnail

Amazon ECS Vs. Fargate Vs. EKS: Which One Is Best For You?

CloudZero

AWS provides a number of useful services for managing and deploying containers, three among them being Amazon Elastic Compute (ECS), Elastic Kubernetes Service (EKS), and Fargate.

article thumbnail

Project Management: Integration

SMB Accounting and Consulting

Integration management is defined by the PMBOK as a collection of processes required to ensure that the various elements of the projects are properly coordinated. It involves making trade-offs among competing objectives and alternatives to meet or exceed stakeholder needs and expectations. But what exactly does this mean in practice? In small businesses, it is very common that many employees wear multiple hats and perform many duties that would typically belong to different departments in a larg

article thumbnail

On the Beach Using His Smartphone, HOA Board Member Approves Invoices

AvidXchange

Jason King, a board member for the condominium community Trellis Fifth Avenue in San Diego, California, recently took a vacation. While on break in Mexico, three vendor invoices arrived. For all three, he simply clicked “approve” from his smartphone. On the beach. Sound like a cool way to do business? We agree. But there’s more to it. The vendors for this homeowners association (HOA) got paid faster because they didn’t have to wait for Jason to return from vacation.

article thumbnail

Future Accountant profile: Jessica Farmer of Foray Business Group

Dext

Jessica Farmer is the COO and Co-Founder of Foray Business Group, a Pacific Northwest accounting firm serving clients across the U.S. How did you start your accounting practice?

article thumbnail

Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

article thumbnail

Ep. 125: Steve Orpurt - Spruce Up Your Learning

IMA's Count Me

Contact Professor Orpurt: [link] "Spruce Up Your Learning", Strategic Finance (January 2021): [link] Telling Ain't Training by Harold D. Stolovitch and Erica J. Keeps : [link] FULL EPISODE TRANSCRIPT Adam: (00:05) Hey everyone! Welcome back to Count Me In , IMA's podcast about all things affecting the accounting and finance world. I'm your host, Adam Larson and this is episode 125 of our series.

article thumbnail

Lessons Learned: Splurges That Are Worth It (and Some That Aren’t)

XY Bean Counters

5 MIN READ I’m not going to say that I’m an expert on how you should spend your money—although I am pretty good at spending my own. But as a bookkeeping professional, I am an expert at knowing what my clients spend their money on. Are you curious on what? Just for fun, I thought I’d show you how my financial advisor clients spend their money on average: Payroll (if they run it): 30-40% of total expenses Technology: 25% Professional memberships, continuing education, and coaching: 10% Other stuff

article thumbnail

Cloud Infrastructure 101: What Is It and What Are the Benefits?

CloudZero

Cloud infrastructure refers to the combination of virtual tools and resources which are packed together, giving users a means of connecting remotely to a central network, and supporting the delivery of a cloud-based service or product to the end customer.

105
105
article thumbnail

Collective Raises $20 Million To Not Be An "Accounting Firm"

Cloud Accounting Podcast

Sponsors Synder: [link] Odoo: [link] Relay Financial: [link] Show Notes 02:15 – $58,508: The Average Starting Salary for New Accounting Grads [link] 3:44 – Fintech Startup Offers $500 for Payroll Passwords [link] 6:07 – Railz Raises $12 Million Toward API Development [link] 8:04 – Kabbage, FinTechs Under PPP Distribution Scrutiny [link] DOJ reportedly investigating Kabbage, fintech lenders, over PPP loans [link] 11:37 – Collective, a back-office platform for the self-employed, raises

article thumbnail

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

article thumbnail

AP Automation Solutions: How Software Can Solve Problems, Save Money

AvidXchange

You’ve probably heard about accounts payable (AP) automation solutions. But what’s most important for you to know about them now to help your business grow? We’re going to answer that timely question here. We’ll define what the latest solutions are, the most pressing problems they address and the cost savings they help deliver for finance teams. Table of Contents What are AP automation solutions?

AP 52
article thumbnail

Future Accountant profile: Shayne Dueck

Dext

Shayne Dueck, MPAcc, CPA, CA, is a Partner and Business Advisor with MNP’s Private Enterprise team in Saskatoon. Shayne works with businesses of all sizes, delivering customized advice and solutions to help them achieve their goals. Tell Me About MNP: Dueck: MNP as an accounting firm with more than 60 years of history.

CPA 40
article thumbnail

Ep. 124: Andrew Warner - The Collision Between Marketing and Accounting

IMA's Count Me

Contact Andrew Warner: [link] FULL PODCAST TRANSCRIPT Mitch: (00:05) Hey everyone! Welcome back to Count Me In , IMA’s podcast about all things affecting the accounting and finance world. I'm your host Mitch Roshong and this is episode 124 of our series. What happens when marketing, finance and data analytics collide? Well, in today's episode, Andrew Warner CEO at Marketing CFO uses his unique mix of experience in both finance and marketing to help explain how companies can combine these efforts

article thumbnail

My Ten Most Outlandish Expenses

Oversight

An excerpt from “The Autobiographical Account of the World’s Most Controversial Employee” You see, it’s a common misconception that the world’s most remarkable artists are painters or sculptors. But making art – being an artist – is nothing more than the act of capturing perfection. And so, there are artists in every walk of life. I consider myself such an artist.

article thumbnail

Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

article thumbnail

Cloud Economics 101: Here's What You Need To Know

CloudZero

Businesses are increasingly interested in the economics of cloud computing. For instance, what are the financial implications of moving to the cloud versus staying on-premises? And what’s the best strategy for optimizing cloud consumption to get the best value from cloud resources?

article thumbnail

IRS Is Getting $80 Billion To Audit The Rich

Cloud Accounting Podcast

Sponsors Sage Advice: [link] Client Hub: [link] Relay Financial: [link] Show Notes 4:24 – Biden to propose tax hikes, $80B for audits of rich [link] 7:36 – U.S. companies went right back to heavy use of nonstandard accounting metrics during the pandemic [link] 11:30 – Under Armour Paying $9 Million to Resolve SEC Accounting Probe [link] 13:21 – QuickBooks Payroll sufferers outage on Friday morning … many employees never got their direct deposit [link] 16:25 – Financial impact of COVID-1

article thumbnail

Shifting to AP Automation, Healthcare Provider Speeds Up Invoice Approvals by 86 Percent

AvidXchange

Back in 2016, Roger Rego faced a less-than-ideal situation as the finance director for Bridge Community Health Clinic , a health and dental care provider based in Wausau, Wisconsin. For any outgoing vendor check of $20,000 or more, he needed to get a signature from the treasurer of the clinic’s Board of Directors. But the treasurer had to drive across town to the main office to sign the checks.

AP 52
article thumbnail

Future Accountant profile: Melanie Schroeder

Dext

Melanie Schroeder is an accountant, counsellor, coach, and the founder of the accounting firm – Out Of The Box Chartered Professional Accountant. How did you start your practice? Schroeder: A lot of my business just came from me reaching out to people that I already knew.

article thumbnail

Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

article thumbnail

Ep. 123: Tracy Jackson - Training and Culture Gap

IMA's Count Me

Contact Tracy Jackson: [link] FULL EPISODE TRANSCRIPT Mitch: (00:00) Welcome back to Count Me In , IMA's podcast about all things affecting the accounting and finance world. This is your host Mitch Roshong and I'm here to bring you episode 123 of our series. Many businesses have had difficulty and/or needed to adapt to the way they onboard, train, and culturally integrate new hires following the lockdown and virtual shift to the business landscape.

article thumbnail

7 DevOps Best Practices You Should Be Following Now

CloudZero

Software engineering teams are always looking for ways to improve the software development process and boost efficiency. One common strategy is to use DevOps, an engineering practice that merges development and operations.

98
article thumbnail

Data Warehouse Vs. Data Lake (Vs. Data Mart): A Complete Breakdown

CloudZero

Big data analytics help organizations use data to explore both new and improvement opportunities. Whichever cloud data platform you choose, there are two data storage technologies you will want to understand.

98
article thumbnail

AWS Graviton: What Is It And How Does It Compare To Graviton2?

CloudZero

When Amazon Web Services (AWS) launched its new Arm-based processors, some circles believed it was a gamechanger for the public cloud markets. To begin with, it was the first time Arm architecture would roll out for enterprise-grade utility, and at a colossal scale.

86
article thumbnail

Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

article thumbnail

CloudWatch Pricing: What You Need To Know

CloudZero

To make sure your company’s cloud-based resources remain continuously available, you need a way to monitor all your applications and quickly detect when something goes wrong — especially if you are running multiple instances and using a variety of products.

78
article thumbnail

A Trillion Dollar Paradox Response: Why Repatriation Isn't The Answer

CloudZero

It’s been a great month for exciting insights about the role that engineering must play in driving profitable innovation.

91
article thumbnail

Messy AWS Tags? Allocating Costs Without a Perfect Tagging Strategy

CloudZero

AWS tags are a bit like flossing your teeth every day — or getting eight hours of sleep a night.

75
article thumbnail

Oasis Solutions Partner Spotlight

AvidXchange

In celebration of Oasis Solutions’ 30 th anniversary, Partner and Chief Revenue Officer, Aaron Rosenberg participated in a Q&A to discuss the company’s continued partnership with AvidXchange and the benefits our integration with Oracle NetSuite and Sage100 has offered their clients over the years. Additionally, Rosenberg shares some of the challenges Oasis’ clients recently faced due to the pandemic and provides insights on trends he’s identified over the past three decades.

article thumbnail

Travel and Expense Policy Success: Your Essential Checklist

Setting the stage for successful organizational change always begins with clear, thoughtful communication. When it comes to rolling out a new travel and expense (T&E) policy, establishing a well-structured communication plan is key to ensuring that all employees understand the changes and their impact. By following a step-by-step approach, you can guide your organization through the transition, fostering smooth adoption from the outset and improving compliance.