AP Association

APRIL 12, 2022

For many years, businesses have viewed accounts payable as a routine but necessary back-office task. Invoices come in and, eventually, money goes out of the company bank account. However, that old way of looking at it negates the importance of cash flow and expenses. You’d prefer the process to be as inexpensive and accurate as possible. Even if you have a great team, failing to put the right system in place could get you in trouble.

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The Institute of Financial Operations

APRIL 1, 2022

Do a quick litmus test on your current Accounts Payable (AP) processes: How many FTEs in Accounts Payable? How many invoices do you process per annum? This provides you with the number of invoices processed per FTE per annum. According to analysts, high performing AP departments outperform all others and process 27,097 invoices per FTE, per annum (APQC).

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Atlassian

APRIL 5, 2022

5-Second summary. Work-life balance is highly desired but often elusive, especially for managers trying to accommodate their employees. Most individuals are either work-life segmentors (who strictly separate their professional and personal lives) or work-life integrators (who switch between work and personal tasks throughout the day). Self-awareness of where one falls on the segmentor-integrator spectrum can help individuals (and their managers) identify strategies for achieving the ideal work-l

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Budgeting 132

CloudZero

APRIL 15, 2022

Harness.io is one of the most popular platforms today for automating continuous delivery (CD). The platform enables engineers to rapidly build CD pipelines (Harness Smart Automation), automatically verify code changes to reduce rollbacks (Harness Continuous Verification), and deliver enterprise-grade security (Harness Continuous Security) for teams of all sizes.

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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

Future Firm

APRIL 4, 2022

Do you want to know how to start a bookkeeping business or accounting firm in 2022? Great news, because this step-by-step guide will cover the critical 7 steps you’ll need to follow to set up a modern bookkeeping practice and to land your first clients. In fact, these are the very steps that I followed to help take my heavily bookkeeping-focused accounting business from scratch to sale in only 5 years.

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SAP Accounts Payable

APRIL 5, 2022

Accounts Payable can be complicated and sometimes requires a meticulous, complex process. Issues that arise can have real financial impacts. Do you want to know how one of our SAP Partners simplifies such processes and how obstacles can be overcome? After having attended the Hack2Build SAP S/4HANA Cloud Side-by-Side Extensions last year, and working closely with the SAP Co-Innovation Lab and the SAP product team, our SAP Partner Nimbl published its winning use case in January 2022 conveying the

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AvidXchange

APRIL 30, 2022

One of the biggest benefits of accounts payable automation is its ability to save your team time. In fact, Goldman Sachs recently estimated AP automation can drive 70-80% time-savings for small and medium-size businesses (SMBs). But how does an automated solution cut so much time out of the invoice and payment cycle, and what does that actually means for the business?

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Atlassian

APRIL 6, 2022

Subscribe to Work Life Get stories about tech and teams in your inbox Subscribe. Over the last few years, the workplace has changed dramatically. Organizations and teams have had to move from in-office to remote to hybrid work fluidly while producing the right outcomes for their customers, investors, and employees. All this has not been easy. Our research has shown that only 17% of teams are healthy , and given Atlassian’s mission is to help unleash the potential of every team, we want to help.

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CloudZero

APRIL 27, 2022

AWS cost monitoring tools enable you to track your resource consumption and costs associated with running operations on the AWS platform. These tools vary in capabilities, but they typically offer customizable reporting, dashboarding, data analytics, built-in automation, and cost alerting.

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Future Firm

APRIL 13, 2022

In this article, you’re going to learn about what an accounting workflow is, the purpose your workflows serve in your firm with 9 key workflows that you can optimize in your accounting firms. Let’s go! What is a Workflow? Your organization has a variety of critical tasks that need to be completed on an ongoing basis. A workflow is therefore the sequence of steps required to move a task from beginning to end in order to complete it.

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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.

Accounting

Azure FinOps

APRIL 28, 2022

Change takes time. The transition from one paradigm to another is never as quick as we’d like, or as it seems in memory. Today, it’s difficult to recall the resistance public cloud, as a method for providing key services such as computation and database, faced in an earlier stage. With this in-mind, let’s consider the difficulties I’m seeing in the field as organizations struggle (I think that’s the right word) to adopt FinOps principles to their cloud usage.

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5 Minute Bookkeeping

APRIL 28, 2022

Are you taking on a QuickBooks Online cleanup and looking for some helpful tips? After doing hundreds of QuickBooks Online cleanup projects, I have pretty much seen it all by now. I have made my share of mistakes, but I have certainly learned a lot of valuable lessons along the way. Every cleanup has it’s own unique challenges, but there are some key factors to help set you up for success from the start.

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Dext

APRIL 27, 2022

We invited Paul Aplin OBE back for a second deep dive into Basis Periods. In part two, Paul answers your questions off the back of the first edition. From MTD, to software capabilities, and the impact on tax deadlines, Paul leaves no stone unturned.

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Tax 52

Atlassian

APRIL 6, 2022

Subscribe to Work Life Get stories about tech and teams in your inbox Subscribe. What a feeling to be standing on stage once again. This year’s TEAM, we’re coming to you live from Vegas or via our digital experience for those watching along from your office or living room. Thank you to you , our customers and partners, for taking the time out of your day wherever you may be to connect with us.

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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.

Accounting

CloudZero

APRIL 29, 2022

Cloud computing empowers organizations to access IT resources on-demand, over the internet, and on a pay-per-use basis. Thus, your company does not need to purchase, install, operate, and upgrade hardware for physical data centers.

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XY Bean Counters

APRIL 19, 2022

4 MIN READ If you’ve ever logged in to QuickBooks Online (QBO), you’ve likely seen the time-saving feature that is the banking feed. By establishing a connection to your bank accounts, your transactions can flow directly into QuickBooks for review, avoiding the need for manual entry. While this feature is convenient and functional most of the time, like all technology, there may be situations in which the QBO connection to your bank is down.

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Azure FinOps

APRIL 28, 2022

Change takes time. The transition from one paradigm to another is never as quick as we’d like, or as it seems in memory. Today, it’s difficult to recall the resistance public cloud, as a method for providing key services such as computation and database, faced in an earlier stage. With this in-mind, let’s consider the difficulties I’m seeing in the field as organizations struggle (I think that’s the right word) to adopt FinOps principles to their cloud usage.

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AvidXchange

APRIL 18, 2022

New data from our AvidPay Network revealed s pending by middle market companies on financial services has slowed during the past nine months after steadily rising through the height of the pandemic. This trend is one of several captured by our Middle Market Spending Trends Report , which analyzes millions of payments made by middle market businesses each quarter.

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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.

Financial Statements

Billah and Associates

APRIL 15, 2022

Journal entries are utilized in accrual bookkeeping to record payroll expenses that have been brought about, at the time the cost becomes payable. Unlike cash bookkeeping, which records installments when they are really made, accrual bookkeeping costs as they are committed. Under an accrual accounting framework, there are a few journal entries connected with payroll.

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Dext

APRIL 14, 2022

Technology and automation is changing the way the accounting industry operates. Accountants and bookkeepers are an essential part of business digitisation, thanks to the growing number of software available to manage large workflows. This represents an anticipated evolution of the accounting landscape, that’s now seeing accountants and bookkeepers shift from standard compliance to tech advisory.

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Bookkeeping Accounting Accounting 52

CloudZero

APRIL 20, 2022

AWS introduced Savings Plans about a decade after launching Reserved Instances (RIs). AWS designed Savings Plans to be more flexible than RIs, resulting in less risk of vendor lock-in, over-provisioning, or underutilizing AWS services.

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XY Bean Counters

APRIL 19, 2022

4 MIN READ If you’ve ever logged in to QuickBooks Online (QBO), you’ve likely seen the time-saving feature that is the banking feed. By establishing a connection to your bank accounts, your transactions can flow directly into QuickBooks for review, avoiding the need for manual entry. While this feature is convenient and functional most of the time, like all technology, there may be situations in which the QBO connection to your bank is down.

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QuickBooks Small Business Bookkeeping Accounting Accounting 52

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

Azure FinOps

APRIL 12, 2022

One of the best ways to learn about the components of an Azure service and how those components fit together is by building on a tenant and taking note of how things unfold. I keep a personal tenant for this reason; something I recommend as a learning tool. But! Just as it’s important to track costs using FinOps principles in an organization’s Azure estate, it’s (obviously) just as important to do the same for your test environment.

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AvidXchange

APRIL 14, 2022

I understand it’s getting tiresome to continue talking about the global pandemic we’ve all lived through over the last two years, but it’s undeniable how much it’s changed the way we work and live, especially for finance professionals. With that in mind, I’ve set out to talk to CFOs and other financial leaders from across the United States about how they’re adapting their management style and outlook on innovation and technology in new market conditions.

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Oversight

APRIL 11, 2022

Employee business expenses have evolved over the past few years. S ome employees continue to from home, and others have new “hybrid” work schedules. Travel spend is (still) down in general, but the risk of wasteful and unnecessary spend still exists. To push forward, we must look at our past spending decisions to identify where improvement in business expense policies and compliance training is needed.

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Atlassian

APRIL 6, 2022

Subscribe to Work Life Get stories about tech and teams in your inbox Subscribe. Modern software development is an increasingly complex and collaborative process that involves an ever-increasing number of tools, processes, and responsibilities. Left unchecked, this complexity not only prevents businesses from being agile and productive but also encumbers developers with unnecessary frustration and toil.

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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.

CloudZero

APRIL 18, 2022

Businesses both small and large use cloud services to help maintain their data. But managing cloud services — and making sure you stay within your budget — can be a challenge.

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Budgeting 98

Dext

APRIL 4, 2022

As we enter into the final crunch of tax season, it can be a demanding time for both clients and accounting firms. This is the peak period where accounting firms are in frequent communication with their clients. However, this constant communication offers a great opportunity for accounting firms to grow post-tax season.

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Azure FinOps

APRIL 12, 2022

One of the best ways to learn about the components of an Azure service and how those components fit together is by building on a tenant and taking note of how things unfold. I keep a personal tenant for this reason; something I recommend as a learning tool. But! Just as it’s important to track costs using FinOps principles in an organization’s Azure estate, it’s (obviously) just as important to do the same for your test environment.

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AvidXchange

APRIL 5, 2022

As a business owner, you likely experience some headaches when it comes to managing payments and cash flow. Luckily, Straight Through Processing (STP) may help you streamline these processes while setting your business up for growth. Even the most effective business managers can struggle to handle check delays, piles of credit card information and other challenges synonymous with payment processing.

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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.