This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Due to increasing pressure from investors, boards and compliance officers, the CFO must have a hand (or two) in every aspect of business operations. Utilizing purchase order software allows you to more efficiently manage and control purchasing and ensure both employee and vendor compliance throughout the procure-to-pay process. This means that you will free up your time for more strategic buying while also empowering your managers to make smart spending decisions using purchase order best pract
Managing the accounts and doing the bookkeeping are good practices, especially if you have a good knowledge of the accounts. The decision of handling accounts on your own is good and favorable for the new business owners when the complications are not that high. However, varying out the responsibilities further can be a risk as to the engagements of the business owners’ increase quite significantly.
Questions asked in this episode: Does the decision affect sales of services online across state borders in addition to goods? Are there any strategies businesses can use to avoid sales or quantity thresholds for collecting sales tax? Will we see an increase in states taxing services? What process or technology should we look at for tracking sales by jurisdiction?
All Your Reasons Belong to Serverless. At CloudZero, we love working with Serverless Systems for all the reasons, including but not limited to focus on business value, ease of responsibility segregation, and shift in engineering focus. When I’m ready to write and execute code in a Serverless System, I reach for a FaaS platform like AWS Lambda. Tools like Serverless Framework and AWS SAM CLI help prime the pump 1 , but I’m still not immediately writing business value code.
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.
Recent publications have recommended that educational institutions and schools embrace creative business solutions to achieve operations savings and funnel more dollars towards stellar academic programs for our students. Modern eProcurement solutions with expense reporting will eliminate business process inefficiencies and help educators to buy from preferred vendors and receive pre-eapproval for expenses, generating dramatic cost savings.
If you need to log in and out to process accounts payable invoices or payments for more than one company, then your accounting software is not multi-entity aware or designed for today’s modern organization – where a consolidated view of finances should be at your fingertips. Just as the old grain silos in wheat fields were designed to isolate and protect their content, your accounting software database may be designed for processing accounts payable transactions one company at time.
Think of any famous pair and, then, imagine that one of them was simply plucked from the pages of history. Would Fred Astaire be as successful without Ginger Rogers, Serena without Venus or Garfunkel without Simon? Some people just pack more of a punch when they come in twos—and the same could be said for eProcurement and vendor contract management.
Think of any famous pair and, then, imagine that one of them was simply plucked from the pages of history. Would Fred Astaire be as successful without Ginger Rogers, Serena without Venus or Garfunkel without Simon? Some people just pack more of a punch when they come in twos—and the same could be said for eProcurement and vendor contract management.
The roles and responsibilities of the AP manager are constantly changing. As businesses set more ambitious goals, every second of the workday counts. AP managers tend to have one objective in mind—to pay vendors as quickly and safely as possible—but their manual, paper-based tasks get in the way of achieving that goal. AP managers spend endless hours handling accounts payable duties, including invoice approvals, payment cycles, and paper-based processes.
Stories in this episode: Last week’s IPO, Avalara, is today’s big winner in internet tax rally — Accounting Today — Shares in the sales tax management firm rose as much as 32 percent after Wednesday’s ruling, extending gains to more than double since its public debut last week. Supreme Court rules that internet businesses must collect all state and local sales taxes — Los Angeles Times — Check out this article for a chart showing states that will benefit most from the Supreme Court decision, in
Today, growing organizations like yours are dramatically increasing the percentage of total spend to secure marketing, IT, HR or accounting data with software solutions and service providers (such as AP automation ). To manage the purchase and payment of services, the accounts payable team and specific departments need to receive an invoice, track the spending against a contract or service agreement, and check the negotiated pricing, payment terms and budget before payment.
Due to increasing pressure from investors, boards and compliance officers, the CFO must have a hand (or two) in every aspect of business operations. Utilizing purchase order software allows you to more efficiently manage and control purchasing and ensure both employee and vendor compliance throughout the procure-to-pay process. This means that you will free up your time for more strategic buying while also empowering your managers to make smart spending decisions using purchase order best pract
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
Southwest Key Programs: A national nonprofit organization dedicated to keeping children with families and out of institutions, the Southwest Key Programs produces programming in the following key areas: 1) programs related to youth justice, 2) housing for immigrant children, and 3) education programs. Capturing and associating expense details with the right program or grant and quickly approving these expenses were consistent challenges before using our solutions.
For organizations that offer services, e.g. consulting or healthcare-related services, and require employees to be on the road frequently, solutions provide an easy way to automatically calculate their mileage reimbursement rates. With a simple import of the new rates for 2016, employees can enter their expense reports without making manual calculations each time and their organization can ensure that these calculations are 100% accurate.
Stories in this episode: IRS budgets $291M on technology for tax reform — Accounting Today — The Internal Revenue Service plans to spend close to $300 million to implement the new tax law, including approximately $20 million for an estimated 450 new forms, instructions and publications. Cloud Technology Advances the Accounting Profession: A Survey of Accounting and Finance Professionals — FloQast — 85% of accounting organizations face challenges hiring and retaining their talent.
Stories in this episode: Aprio to acquire HPC — Accounting Today — Aprio LLP, a Top 100 Firm, has signed an agreement to acquire HPC , a cloud-based accounting firm that services its clients online. Top 10 Accounting Firm IT Survey Surprises — CPA Practice Advisor — An IT survey reports that more than half of midsize and large accounting firms (51%) have outsourced their entire IT infrastructure to the cloud.
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.
The dreaded antiquated approvals process. It’s filled with a seemingly never-ending paper trail and many hours spent handling each approval with care. The biggest fear for most finance departments is letting one quick “go-ahead” lead to an invoice that shouldn’t be paid. But that’s what often happens with manual approval workflows that offer little control and visibility.
Stories in this episode: The Indicator - Time Bandits [Podcast] - Take a listen to Planet Money’s new daily podcast. This episode features time tracking software and how some employers’ policies are potentially causing “wage theft” by shorting employees on their paid breaks and rounding down to the quarter hour increment. Business Insider - Slack's latest product update proves that vendor lock-in is over, but you may never want to leave Slack again - A new feature in Slack allows developers to b
We organize all of the trending information in your field so you don't have to. Join 52,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
52 
Let's personalize your content