March, 2023

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Reshaping Xero to enable disciplined growth and focus

Xero

Below is the message shared with all Xero employees today Dear Xeros Over the past few weeks, as I have stepped into the CEO seat, we have had several conversations about Xero’s strengths and significant market opportunities. We have also talked candidly about our challenges following the rapid scaling of the company. As we look to the next phase of Xero’s growth, many of you have asked me what change is needed for us to simplify focus, strengthen our execution and balance growth with profitabi

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Digitizing Payments for Service Based Industries

Fidesic blog

Digitizing accounting functions can improve efficiency, reduce costs, and increase accuracy for service-based companies. It can also provide valuable insights and analytics that can aid decision-making and help firms stay competitive in a rapidly evolving marketplace. In this post we will discuss the importance of digitizing B2B payments as it relates to digital transformation (DX) initiatives.

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A London-based accountant rides the wave of digital transformation

Intuit

Growing up, Eriona Bajrakurtaj had a unique dream compared to other kids her age. “I wanted to be this businesswoman where I walk into a boardroom and everyone respects me because I have knowledge and things like that,” Eriona says. “I had a very different outlook from my friends.” In fact, very little about Eriona’s childhood was typical. At 13, she started bookkeeping for her father’s fledgling accounting business.

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A Thank You to the Women of ADC! #IWD2023

Accounting Department

AccountingDepartment.com is proud of our amazing, hard-working, dedicated women who make up the bulk of our team and for this International Women’s Day, we would like to take a moment to thank all of these women that keep us moving forward on a day-to-day basis. Our female team members have made an incredible impact on our business over the years and we would not be where we are today without them!

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Breaking Ground on Better Payment Processes: Strategies for Construction Pros

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

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The Most Shocking Accounts Payable Stats

Ascend Software blog

Accounts Payable (AP) is a crucial function of any organization. It is responsible for managing the payment of bills and invoices to suppliers and vendors. However, many organizations struggle with their AP processes, leading to inefficiencies and financial losses.

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Case Study: Chargify

ProsperOps

Customer B2B SaaS payments platform with growing Amazon Elastic Compute Cloud (EC2) spend Overview With ProsperOps, Chargify has automated and matured their cloud cost optimization strategy, eliminating wasted spend and continuing to see gains in their Effective Savings Rate, making a 40% improvement in the twelve months leading up to April, 2022. Challenge Chargify formerly held engineering responsible for their AWS savings commitments.

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Microsoft Windows Autopilot for Dynamics Users

Fidesic blog

Have you checked out Microsoft Autopilot? If you care about desktop and device management for an organization using Microsoft Dynamics ERP, this is one tool you should know about if you aren’t familiar with it already. In this blog post, we'll tell you a bit about Microsoft Windows Autopilot–what it is and why it makes sense for Dynamics ERP users.

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Takeaways from the 4th Annual Intuit Trans+ Summit

Intuit

Over the past few years, diversity has been front and center for many corporations. However, that’s not enough–diversity can’t stand on its own. At Intuit, we continue to strive for a diverse, equitable, and inclusive workforce that empowers employees–both in and outside of Intuit, who identify as transgender or nonbinary. Held on March 14, 2023, the 4th annual Intuit Trans+ Summit shined a light on intersectional transgender and nonbinary experiences for the tech community at large.

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CFOs Love Outsourced Bookkeeping Services for These 4 Reasons

Accounting Department

Outsourced bookkeeping services are here to help CFOs of small to medium-sized businesses optimize their time and offer them a number of benefits!

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Accounts Payable Process Improvements, and the Metrics to Help Measure Success

Ascend Software blog

Improving Vendor Relationships Improving vendor relationships can have a significant impact on accounts payable efficiencies. Here are some ways in which it can be achieved: accounts payable process improvements.

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The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

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Channel Partners Conference & Expo

ProsperOps

Channel Partners Conference & Expo May 1-4, 2023 The Venetian Resort & Expo Booth 1453 Get to know ProsperOps at the Channel Partners Conference & Expo in Las Vegas, NV Join ProsperOps on the expo floor of the Channel Partners Conference & Expo taking place May 1-4 at the Venetian Resort & Expo. ProsperOps is an autonomous cloud cost optimization tool.

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What is AI and why is it relevant for my small business?

Xero

It’s safe to say that artificial intelligence (AI) is now part of common language and everyday life. But while we’ve all heard of the term, not everyone really knows what it is or how to use it (or rather, whether it can be useful for them). Believe it or not, the term ‘artificial intelligence’ has been with us since as far back as 1955, when a number of academics and professionals in the field of technology first proposed a study of the term.

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How has the ISV Landscape Changed in the D365 ERA?

Fidesic blog

How has the Microsoft Dynamics ISV landscape changed in the D365 ERA?

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Helping taxpayers make the most of the 2023 tax season

Intuit

Taxes can be confusing. How does anyone have the time to figure out the deductions and credits they qualify for? That’s how we help. Intuit has helped tens of millions of families and small businesses take charge of their finances by helping them understand, prepare, and file their tax returns confidently—millions of them for free. In fact, over 93 million consumers, and 10 million small businesses manage their finances with Intuit.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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AccountingDepartment.com is 19!

Accounting Department

AccountingDepartment.com is 19 years old today. Wow. When I started here in November of 2013, we were rapidly approaching our 10 th anniversary and faced with the first big “but how do we celebrate this milestone” question. Of course, as the years have passed these questions have come at various intervals celebrating both time and event-based achievements—but the excitement and celebration grows with each one.

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What is MLOps & why is it important for today’s companies now?

FinOps in Practice

Do you know any data scientists or machine learning (ML) engineers who wouldn’t want to increase the pace of model development and production? Are you aware of teams who are collaborating with pure ease when enlisting continuous integration and deployment practices on ML/AI models? We don’t think so. MLOps, which stands for Machine Learning Operations, is being used to help streamline the workflow of taking machine learning models to production, as well as maintaining and monitoring them.

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ProsperOps at AWS Fest

ProsperOps

ProsperOps at AWS Fest May 3, 2023 Virtual Event 12:00 p.m. CT On May 3rd, w e're teaming up with N2WS for a presentation at the Compute Edition of AWS Fest! AWS Fest is a virtual global summit for cloud customers managing their workloads on AWS. The summit offers the most innovative and comprehensive real-life problem-solving topics affecting cloud.

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Time to celebrate amazing accountants taking on industry challenges

Xero

Despite the fantastic work that accountants and bookkeepers do, the industry has an image problem. There’s still an old-fashioned perception, with little understanding of how you support small businesses and the wider economy. We know from our recent research – Five biggest hurdles hindering accountants – that recruitment is a key hurdle you face, and this misconception among the candidate pool isn’t helping.

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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

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What is good financial management

Compleatable

Finance professionals & budget holders: different needs, same solution. Download White Paper The post What is good financial management first appeared on Compleat Software.

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How the Coalfield Solar Fund Helps Promise a Sustainable Future for Virginia and West Virginia Communities

Intuit

The harsh realities of the climate crisis are tangible, complex, and already being experienced in all corners of the globe. A changing climate has intersectional ramifications, posing threats to communities, ecosystems, and the wellbeing of future generations. However, there is still time for swift, thoughtful, and bold action to chart a brighter and more resilient path for our collective future.

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A Financial Controller May Be Just What You Need, And More

Accounting Department

Considering the need for a financial controller for your business? To help you solidify the decision, learn more about the duties of a financial controller and the benefits of partnering with an outsourced client accounting services (CAS) provider to make it even easier!

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Check Out What's New With Fidesic in Upcoming Showcase

Fidesic blog

We're pretty excited over here at Fidesic! Coming up on March 30th we are joining some of the top ISVs in the Microsoft Dynamics Channel for the Microsoft Dynamics GP Financial Management Tools Showcase brought to you by Microsoft Dynamics World and ERP Software Blog.

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

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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.

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Introducing Flex Boost: Autonomous EC2 Standard Reserved Instance Management

ProsperOps

Our Vision for Cloud Savings When we started ProsperOps in 2018, our mission was to automate maximum savings outcomes for customers. In the early days, we spent a lot of time evaluating where to start and how to quantifiably generate the most savings. We created Effective Savings Rate (ESR) as a way to measure and definitively know the answers to our modeling questions.

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Five time-saving features exclusive to new invoicing

Xero

Did you know there are two versions of invoicing in Xero? There’s the original ‘classic’ invoicing experience and ‘new’ invoicing. New invoicing is the updated version with a refreshed design, new functionality and many of the features you know and love from classic. New invoicing has come a long way since its initial launch and we’re pleased to have introduced several improvements you won’t see in classic invoicing.

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5 improvements to existing cash flow management to increase profitability

Compleatable

Download this whitepaper to learn how to improve your cash flow management to increase profitability. Download White Paper The post 5 improvements to existing cash flow management to increase profitability first appeared on Compleat Software.

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The transformative power of foundational technology

Intuit

Every era comes with a vision of new technology. Today, hawkers on the street selling goods make the most of QR code. They are using QR code because of its significant impact on business—and not so much because they understand the workings of the technology. Scanning the QR code takes care of the entire transaction with customers. When technology feels like magic, adoption rates tick up rapidly.

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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.

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Work Smarter, Not Harder with Workflow Automation

Accounting Department

As we move towards a more technology-driven world, it's important for business owners to adopt a "work smarter, not harder" mentality. One way to achieve this is through workflow automation with ERP software like NetSuite.

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How to use worktags in Workday

Ascend Software blog

Workday Financial Management ERP is a powerful software tool that helps companies manage their finances, accounting, and other key business functions. One of the features that makes Workday particularly useful is its use of worktags, which are essentially tags or labels that can be assigned to transactions, accounts, and other financial data within the system.

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How to Create a Great Plains Accounts Payable Aging Report and Why

Fidesic blog

In this post we show Microsoft Dynamics GP users how to run a Great Plains accounts payable aging report, but first we will answer two questions that will help you regardless of your accounting system: What is an AP aging report? Why is aging AP important to track?

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Xero launches Irish VAT3 returns and SEPA payments solutions with Parolla Plugins

Xero

I’m delighted to announce that Xero has partnered with Parolla , to offer Xero accounting and bookkeeping partners and small business customers a free VAT solution, enabling you to easily prepare and generate revenue-compliant VAT3 returns for direct upload to Revenue Online Services (ROS). Introducing the EMEA Xero team I’m Ayman, Head of EMEA (Europe, Middle East and Africa) and I want to personally introduce myself and my team to let you know we are committed to you and all our customers and

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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.