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Subscribe to Work Life Get stories like this in your inbox Subscribe. 5-second summary. Failing to delegate can increase your risk of burnout. It also shortchanges your team by denying them opportunities for professional growth. Managers often don’t delegate because of limiting mindsets, such as “No one can live up to my standards,” or “It’s easier to do this myself.” Use the 6-step process at the bottom of this post to overcome barriers to delegation.
The sudden shift to remote work took us all by surprise. Still, for accounting teams in particular, the shock of moving to a work-from-home policy meant much more than just ensuring IT provided extra monitors to employees. Before March 2020, very few accounting teams had formalized remote work policies in place. Given the nature of their work, however, many SaaS companies found themselves in a better position when word came down to pack up the desk and get ready for an indefinite period of WFH.
Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.
Businesses invest lots of time and money into their legacy accounting software and enterprise resource planning (ERP) applications – the financial systems of record for the organization.
Small business accounting and bookkeeping checklist. how to package your recordkeeping information for your bookkeeper and/or accountant. ensuring your year end will go as smoothly as possible.
Subscribe to Work Life Get stories about tech and teams your inbox Subscribe. 5-second summary. Research shows that collaborative problem solving leads to better outcomes. People are more likely to take calculated risks that lead to innovation if they have the support of a team behind them. Working in a team encourages personal growth, increases job satisfaction, and reduces stress.
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Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Subscribe to Work Life Get stories about tech and teams your inbox Subscribe. 5-second summary. Research shows that collaborative problem solving leads to better outcomes. People are more likely to take calculated risks that lead to innovation if they have the support of a team behind them. Working in a team encourages personal growth, increases job satisfaction, and reduces stress.
Tax season is well underway. If you’re reading this, you may be a little late to the party. But this year, that’s okay. That’s because the deadline for your Self-Assessment tax return has been extended until February 28th.
You may have heard that keeping an existing customer is five times cheaper than acquiring a new one. But that isn't always true. “Hidden costs” often accompany customer retention, loyalty, and increasing "share of customer".
Using industry reports and data insights, we want to help you take advantage of the opportunities — and overcome the challenges — facing the construction industry in 2022. We’ve pulled together the latest market research and insights and learned this: while the market is facing shortages of skilled workers and building products, there’s a bright side.
As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R
When doing your taxes, there are a lot of things to keep track of. If you're trying to do it all yourself, it can be tough to stay organized and make sure you're including everything. Using a project management tool can help make the process easier and less overwhelming. Here are five reasons why you should use a project management tool when doing your taxes.
Subscribe to Work Life Get stories like this in your inbox Subscribe. 5-second summary. The global disruption of the last 2+ years has opened new conversations about how we work. Companies are eager to retain valuable employees. Now more than ever, performance reviews provide an important opportunity to launch candid conversations about future goals.
There has never, ever been a better time to change accounting jobs. But do you know how to get to the right opportunity, maximize those opportunities, and land the job? In this webinar we will teach you how to land an Accounting/Tax job you love. Join an interview with CPA Recruiter Beth Dierker of Accountingfly , who has advised hundreds of accountants in finding new roles.
Organizations often assume that switching to Amazon Web Services (AWS) will automatically reduce their on-premises spending. Certainly, cloud-based services like AWS' Infrastructure-as-a-Service (IaaS) can offer significant cost savings. Yet overspending on AWS is quite common.
Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.
At Dext, our mission is to empower accounting and bookkeeping professionals to build the next generation of businesses across the globe. To do this, we provide industry insights from our community of partners on critical items that allow us to help your firm achieve long-term success.
I think it was physicist David Bohm who, in his book, ‘ Wholeness and the Implicate Order ‘ stated that “ good theories, unlike bad ones, are true, but only up to a certain point “ In other words, it’s possible to be right about something, but not as completely right as you may think; to dramatically condense Hegel , reality is composed of many factors, all moving in relation to each other.
We’re delighted to announce today that Atlassian has acquired Percept.AI , an AI-powered virtual agent technology provider, to expand frontline support capabilities in Jira Service Management. This acquisition builds on our previous investments in AI and machine learning, designed to help customers efficiently deliver great employee and customer support experiences at high velocity.
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
I loved growing up in the 80s and 90s when music was like, so much fun! If you are a member of Gen X like me, you may be singing to yourself after reading that title. But for those who have no idea what I’m talking about, go check out #howbizarre on TikTok for some good laughs.
Many companies don’t know where to begin when migrating to AWS. Some worry their data will leak, while others don't know the most efficient migration strategy for AWS. Another group worries about overspending when moving to AWS.
“Innovation is an initiative that has to be supported by leadership.” Read along as Sean Duffy, Senior Manager, Accounting Solutions at Elevate by Welch LLP, shares his proven strategies for building a sustainable culture of innovation that drives results. What is your organizational philosophy on innovation?
The next step in the Making Tax Digital roadmap is almost upon us. HMRC is pressing ahead with its mandate for all remaining VAT registered businesses to submit their VAT returns via MTD compliant software from April 2022. All business owners registered for VAT should take some time to familiarise themselves with how they will meet this new requirement and spend time NOW to make sure that plans are in place in good time.
Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
I think it was physicist David Bohm who, in his book, ‘ Wholeness and the Implicate Order ‘ stated that “ good theories, unlike bad ones, are true, but only up to a certain point “ In other words, it’s possible to be right about something, but not as completely right as you may think; to dramatically condense Hegel , reality is composed of many factors, all moving in relation to each other.
5-second summary. The DiSC personality assessment framework can help you anticipate how to communicate with your colleagues in a way that resonates with them. This model includes four personality types: dominant, influencer, conscientious, and steady. As a bonus, DiSC gives you clues as to how best to collaborate with different people in general. Understanding your teammates’ communication styles is even more important when you’re frequently using video or chat tools.
A lot happens behind the scenes to power accounts payable automation. But there are four key technologies that are especially important for you to know about because of the profound improvements they can make in your finance team’s operational efficiencies. Those four technologies are application programming interfaces (APIs), machine learning, three-way matching and robotics process automation (RPA).
Moving large amounts of data to the cloud can be arduous and time-consuming. A cloud migration would take years if engineers manually moved data from assessment through mobilization and migration phases.
In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.
No. There was the short answer. What happens a lot of times with small businesses is that the tax extension is filed consistently year-over-year. Not only can this be more expensive than paying a tax bill outright and on time, but there can also be flags raised by potential investors or buyers of the business. In this post, we'll go through thecost of a tax extension, some of the reasons why you're filing for one, and how you can make sure you never have to file one again.
Starting a bookkeeping business is fulfilling, but it’s not without challenges. A lot goes into building a bookkeeping business from the ground up, and there are sure to be some missteps. The good news is that you don’t have to make the same mistakes I did. That’s why I’m sharing the biggest mistakes I made in my bookkeeping business and how you can avoid them.
It has become a truism ( because it’s true ) that cloud costs directly flow from architectural decisions. If, for example, you choose to build an N-tier application on Azure using virtual machines, and a database hosted on a VM, your runtime costs will be different (i.e., higher) than if you use cloud native tooling such as Azure functions and a platform ( PaaS ) database.
Subscribe to Work Life Get stories about tech and teams in your inbox Subscribe. Atlassian is now a distributed workforce. In 2020, with the announcement of TEAM Anywhere , we committed to a new way of working: the majority of our team members – many of whom were office-based before the pandemic – can now choose to work from anywhere. While TEAM Anywhere is a great opportunity for employees and the right decision for Atlassian, it took some time to make it a reality.
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.
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