Ascend Software blog

MAY 25, 2021

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.

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CloudZero

MAY 11, 2021

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.

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IPS

MAY 13, 2021

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

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AvidXchange

MAY 27, 2021

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

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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.

5 Minute Bookkeeping

MAY 27, 2021

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?

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RevCycle

MAY 14, 2021

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 ).

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CloudZero

MAY 4, 2021

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.

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SMB Accounting and Consulting

MAY 3, 2021

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

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AvidXchange

MAY 26, 2021

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.

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IMA's Count Me

MAY 30, 2021

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.

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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

Cloud Accounting Podcast

MAY 20, 2021

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

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XY Bean Counters

MAY 11, 2021

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

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CloudZero

MAY 6, 2021

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.

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Dext

MAY 10, 2021

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.

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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

AvidXchange

MAY 11, 2021

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?

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IMA's Count Me

MAY 23, 2021

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

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Oversight

MAY 3, 2021

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.

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Cloud Accounting Podcast

MAY 5, 2021

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

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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.

Accounting

CloudZero

MAY 26, 2021

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?

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Dext

MAY 10, 2021

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.

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AvidXchange

MAY 11, 2021

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.

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IMA's Count Me

MAY 16, 2021

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.

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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.

Payroll

CloudZero

MAY 24, 2021

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.

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CloudZero

MAY 21, 2021

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.

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CloudZero

MAY 19, 2021

Cloud migration is the new gold rush.

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CloudZero

MAY 28, 2021

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

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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.

CloudZero

MAY 28, 2021

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.

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CloudZero

MAY 13, 2021

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.

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CloudZero

MAY 17, 2021

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

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AvidXchange

MAY 3, 2021

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.

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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.

CPA