May, 2022

article thumbnail

Deloitte: Climate change will cost $178T by 2070

Accounting Today

article thumbnail

Meet five apps creating new ways to do business in 2022

Xero

Cloud-based apps and tools, like those in the Xero App Store or wider Xero Ecosystem, have given small businesses the ability to use a combination of apps to build their own bespoke business engine. And according to the numbers, the more apps the merrier. Our research has shown that organisations who use five or more apps have seen sales growth of 4.3% , while those who don’t use any at all have experienced a 3.4% decline (year to December 2020).

XERO 278
professionals

Sign Up for our Newsletter

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

article thumbnail

What Makes a Successful IPO: Metrics You Need to Know

Sage Intacct

The most significant step for many SaaS companies is going public, and many financial leaders are wondering if they should, how they can, and why it's essential. Getting to an initial public offering (or IPO) will hold a company more accountable than ever, and the process requires a tremendous amount of financial discipline, disclosure, planning, and strategic direction.

article thumbnail

How to avoid your conveyancing trust account becoming a mess

The Savvy Bookkeeping Blog

Conveyancing is such a fast-paced and dynamic industry. I don’t know where my conveyancing clients get their energy from sometimes. I know they often work long hours in order to meet tight deadlines.

article thumbnail

Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

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.

article thumbnail

Social Media for Accountants: 7 Reasons Why + 11 Tips How

Future Firm

You may be wondering if social media for accountants is a good marketing tool for your firm. The answer is yes! There are many reasons why accountants should use social media to market their firms. In this blog post, I will discuss the seven reasons why having a social media presence is important. I will also give you 11 tips on how to use social media for your accounting firm’s marketing efforts.

article thumbnail

We’re Joining The Snowflake Partner Network — Bringing Cloud Cost Intelligence

CloudZero

Early on in our journey as a company, CloudZero split with legacy data architecture, migrating to Snowflake and opening up a world of resource flexibility.

98

More Trending

article thumbnail

Three tips for a better balance between work and mental health

Xero

We know that mental wellbeing is vitally important, but for small business owners, striking a balance between work and mental health can feel almost impossible. . The past two years in particular have thrown up a previously unseen level of disruption and turmoil for small businesses. From the pandemic, to soaring inflation and energy prices, it’s no surprise that finding the time to invest in mental wellbeing is proving challenging. .

XERO 264
article thumbnail

The Guide to ASC 606/IFRS 15 Compliance for SaaS and Software Companies - A 2022 Refresher

Sage Intacct

ASC 606/IFRS 15, Revenue from Contracts with Customers, was the new revenue recognition standard issued by The Financial Accounting Standards Board (FASB). This standard affects all businesses, including public, private, and nonprofit entities, which use contracts with customers to transfer goods or services.

article thumbnail

Registering for GST – 10 Tips for a Smooth Transition

The Savvy Bookkeeping Blog

It’s a milestone that’s satisfying to reach, however I see it cause stress for many small business owners here in Australia. You’ve either been keeping a close eye on your turnover for a while – pushing to get to the $75,000 threshold and preparing ahead of time.

XERO 100
article thumbnail

The Top 22 Questions to Ask in an Accounting Interview

Future Firm

When it comes to finding the perfect accounting professionals for your accounting firm, make sure that you have the right questions to ask in an accounting interview in order to get a sense of their qualifications and experience. Asking questions is the best way to determine if a job prospect is truly right for the job description, and it can also help you get a sense of their experience and expertise.

article thumbnail

Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

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.

article thumbnail

How FinOps Can Work With Engineering To Achieve Cost Intelligence Maturity

CloudZero

The FinOps position, for most SaaS companies, is a relatively recent addition to the team. FinOps acts as a liaison between the Finance and Engineering teams, with the goal of getting everyone on the same page (and speaking the same language) when it comes to setting, optimizing, and sticking to budgets.

FinOps 98
article thumbnail

IRS audit rates plummet, especially for wealthy

Accounting Today

Auditing 336
article thumbnail

We’re back! Introducing New Zealand Roadshow – the Tiny Edition 2022

Xero

We’re hitting the road again with Xero Roadshow 2022, but this year it’s a tiny bit different. We’re taking the Xero tiny home on the road to connect with you in your local communities, so it’s the New Zealand Roadshow – the Tiny Edition 2022. The Xero team will be visiting 28 locations across the country from late June to early December 2022.

XERO 246
article thumbnail

Top Qualities to Look For in Your SaaS Startup’s First CFO

Sage Intacct

Bringing on your first CFO can be extremely exciting, and a strong hire can give your business a significant strategic edge. But to make an effective hiring choice, you need to know what to look out for in a great CFO.

105
105
article thumbnail

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.

article thumbnail

Xero & Cliniko – 4 Common Errors

The Savvy Bookkeeping Blog

Do you have Xero and Cliniko integrated? We know we can Do Beautiful Business with Xero. We know Cliniko is The Software for People who Care. And when integrated, you’re saving valuable time and reducing the risk of data entry errors.

XERO 100
article thumbnail

Future-Proofing the Office of the CFO: A Conversation With Kitty Payne About Using Technology to Boost Financial Team Productivity

AvidXchange

While many of us are ready to move on from the COVID-19 pandemic, we can’t deny how much the way we work and live has changed over the past two years – especially for finance professionals. Using that lens, I’ve been having conversations with chief financial officers (CFOs) and other financial leaders from across the United States about how they’ve adapted their management styles and relationships with innovation and technology since the onset of the global pandemic.

article thumbnail

30 Best Cloud Monitoring Tools (Updated By Category)

CloudZero

The purpose of cloud monitoring is to identify, observe, track, and manage cloud infrastructure components and services. Cloud monitoring helps organizations ensure their services meet customer expectations of performance, availability, and security.

98
article thumbnail

New AICPA chair pledges to 'open doors, broaden horizons'

Accounting Today

328
328
article thumbnail

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.

article thumbnail

What you need to know about changes coming to payroll from 1 July 2022

Xero

While it may be lacking the fireworks and champagne of New Year’s Eve, come 1 July the new financial year ushers in fresh opportunities for Australia’s small businesses. Along with the new calendar, there are often regulatory changes for you to manage or implement. And this year is no different, with updates coming to payroll in FY23. . Starting from 1 July 2022, there are a number of government requirements that will impact how you manage payroll (including superannuation) for employees.

Payroll 246
article thumbnail

4 Priorities During Your First 90 Days as a SaaS CFO

Sage Intacct

I f y ou want to take the shot at being a CFO at a SaaS start-up, how do you reduce your risk on picking the right firm and making an impact in your first 90 days? I like to think the way you start is how you finish. This may not be true to all circumstances, but for transition into the CFO club it sure is. Growth through a subscription-based model is often the north star for SaaS startups.

98
article thumbnail

Healthcare Staffing 2022 – Crisis Point

RevCycle

The COVID 19 pandemic has exacerbated the effects of what was already a demanding industry to work, making staffing even more difficult. For example, 60 – 75% of clinicians report symptoms of exhaustion, depression, sleep disorders, and PTSD; while nurses are equally stressed, said Dr. Victor Dzau (President of the National Academy of Medicine). These are jarring figures on a human level.

article thumbnail

What is eBilling? Electronic Billing FAQs

AvidXchange

Electronic billing, e-billing or eBilling, is a process businesses can use to get paid quickly and more securely without dealing with the hassles of paper bills and check payments. Electronic bills allow both bill delivery and payment to take place completely online, which improves efficiency while cutting costs. If this sounds like something your business could benefit from, learn more about how invoice management software works and why it may be a good fit for any business with recurring bills

Billing 52
article thumbnail

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.

article thumbnail

Container Cost Management: Allocating Kubernetes Costs The Easy Way

CloudZero

Containers are one of the most popular ways for businesses to deploy applications. They provide an easy method of packaging applications into self-sufficient units that can be used, moved around, and re-used in any number of ways without breaking the overall functionality of your software.

98
article thumbnail

IRS raids alliantgroup offices

Accounting Today

Tax 321
article thumbnail

Helping you win new business with beautiful quotes

Xero

Sending a quote is often the first digital interaction you have with a potential customer, so it’s important to make the right impression. We’ve made it easy in Xero – you can create a beautiful online quote in minutes, get customers to accept it on the spot, and quickly convert it into an invoice. To continue improving your experience, we’re introducing an exciting new feature and fresh design to quotes in Xero.

XERO 245
article thumbnail

7 Best Integration Apps for Property Management Companies

SLC Bookkeeping

Property management is a complicated matter without the proper software. Many companies are looking to use QuickBooks Online and integrate it with a property management app. Most are looking for something that allows tracking of tenants, rents, invoicing landlords and repairs, training, financials, maintenance, and more. Finding a simple and seamless integration is frustrating.

article thumbnail

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.

article thumbnail

The biggest pricing mistakes I have made in my bookkeeping business

5 Minute Bookkeeping

Are you struggling with pricing your bookkeeping services? Pricing is not easy, and in fact, it can evoke a lot of negative emotions, including fear and anxiety. It was certainly one of the areas that I struggled with the most while growing my virtual bookkeeping business. Although it was tough at times, I learned so much through the process. Would you like to skip past the trial and error and get straight to the good part?

article thumbnail

You Can Boost Your Business Now Using This Accounts Payable Playbook

AvidXchange

Despite everything that’s gone on in recent years – and you don’t need to be reminded – you have many exciting opportunities to boost your business and come out stronger. You can achieve this by taking smart steps to rebuild, improve and strengthen your business for long-term prosperity – starting now. Begin by focusing on streamlining manual business processes that are costing your company time and money such as paper-based accounts payable (AP) and payment processes.

article thumbnail

AWS NAT Gateway Pricing: How To Reduce Your Costs In 5 Steps

CloudZero

We are often asked about areas where customers overspend on Amazon Web Services (AWS). NAT gateway costs are high due to misplaced data transfers and are definitely near the top of our list.

98
article thumbnail

IRS sent over $800M in potentially improper recovery rebate payments

Accounting Today

Tax 321
article thumbnail

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.