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To our customers, vendors, partners, and investors: We are appalled by the actions of the Russian Government in its invasion of Ukraine. We condemn the actions of the Russian Government, and we stand with Ukraine and its people in their fight to maintain their freedom and sovereignty. This attack is unprovoked and a clear breach of the Geneva Convention.
SaaS companies are benefiting from digital transformation initiatives as catalysts to improve business performance, achieve scale and continually innovate to grow. More than most, finance leaders at these companies know the value of cloud-native platforms as both a supplier and consumer.
If you are considering embarking on a career as an Accounts Payable professional, it is essential to make sure that you have a full understanding of the key skills and responsibilities required. Let us take a closer look: Accounts Payable responsibilities As an Accounts Payable professional, you will have similar responsibilities to a junior accountant.
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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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.
Breaking up with bookkeeping clients is hard to do, as the song goes. Since I’ve worked with hundreds of clients, I’ve certainly ‘fired’ or parted ways with my share of bookkeeping clients, but it’s not all bad news. Every breakup is a valuable lesson. Today I want to share the biggest lessons I’ve learned from firing bookkeeping clients.
Subscribe to Work Life Get stories about tech and teams in your inbox Subscribe. Over the last few years, we’ve witnessed and been a part of the SaaS transformation that has changed the way teams work and how we communicate and collaborate with each other. Atlassian announced that we’ll be simplifying our server and Data Center offerings to focus on delivering a world-class cloud experience and support for our Server products will end in February 2024.
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Subscribe to Work Life Get stories about tech and teams in your inbox Subscribe. Over the last few years, we’ve witnessed and been a part of the SaaS transformation that has changed the way teams work and how we communicate and collaborate with each other. Atlassian announced that we’ll be simplifying our server and Data Center offerings to focus on delivering a world-class cloud experience and support for our Server products will end in February 2024.
This post, which is a follow-up to an earlier article, “ Azure Synapse Analytics: Do Your Homework !”, is about understanding how tagging is applied to platform services, using Azure Synapse Analytics as an example. Let’s start this by reviewing the FinOps Lifecycle, as visually expressed in this FinOps Foundation graphic: FinOps Lifecycle from the FinOps Foundation Applying tags to your Azure resources is a critical part of the inform phase of the lifecycle because it enables
If you're considering embarking on a career as an Accounts Payable professional, it's essential to make sure that you have a full understanding of the key skills and responsibilities required. Let's take a closer look: Accounts payable responsibilities As an Accounts Payable professional, you'll have similar responsibilities to a junior accountant.
After doing hundreds of of cleanups, I have seen it all. I’ve seen undeposited funds, uncategorized income, uncategorized expenses, unapplied income and expenses, reconciliation discrepancies, comingling. And the list goes on. Over the course of all these cleanup situations, I have come across some that defy all of our expectations for a “normal” cleanup.
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
The mind of a CFO can be tough to crack, but recent surveys tell us these executives are focused on two major initiatives in 2022 – arming their finance operations with the right technology to do the job and developing and retaining the right talent to make the tech work for their business. It comes as no surprise that the survey results echo the sentiments of AvidXchange’s CFO panel from our recent REVx event.
Subscribe to Work Life Get stories like this in your inbox Subscribe. 5-second summary. Strong team cohesion – how bonded people feel to one another – is a key element for success in distributed teams. Icebreakers can be an effective way to help teams get to know each other and feel more comfortable collaborating. It’s important to choose the right icebreaker for your team.
This post, which is a follow-up to an earlier article, “ Azure Synapse Analytics: Do Your Homework !”, is about understanding how tagging is applied to platform services, using Azure Synapse Analytics as an example. Let’s start this by reviewing the FinOps Lifecycle, as visually expressed in this FinOps Foundation graphic: FinOps Lifecycle from the FinOps Foundation Applying tags to your Azure resources is a critical part of the inform phase of the lifecycle because it enables
For any business that regularly receives and pays invoices, the Accounts Payable department is an indispensable component of its transaction cycle. A well-optimised AP department will ensure a business pays its invoices as soon as possible after receiving them and confirming that they are genuine and accurate. But a more efficient and reliable process for paying invoices is only one benefit of optimising an accounts payable department.
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.
Amazon Web Services (AWS) provides over 200 fully-featured services, that aim to make the cloud affordable and cost-efficient for the companies that use the popular cloud provider.
C corruption and bribery can be complicated to understand. When framed within the Foreign Corrupt Practices Act (FCPA), the rules and regulations become even more complex. It’s important to realize just how serious this subject is, and how vital it is for companies to have sufficient programs in place to mitigate the risk of violation.
AvidXchange and Rent Manager have partnered since 2014 to help real estate organizations improve control and increase efficiency within their accounts payable department. Manually managing payments for all your suppliers is complex, time-consuming and sometimes risky. But with AvidPay for Rent Manager, there’s a better solution: our no-cost, embedded API integration with Rent Manager.
Subscribe to Work Life Get stories like this in your inbox Subscribe. 5-second summary. Active listening requires the entirety of your attention. That means removing distractions and listening for understanding. To fully comprehend someone’s message, you must also consider cues other than their word choices. Rephrasing what the other person has said reassures the speaker that you were attentive to their message and allows them to clarify any inaccuracies.
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?
Just as people need to watch their blood pressure, weight, and cholesterol, which are vital health indicators, business owners also need to monitor crucial financial information to enable them to manage their businesses successfully. Failure to stay on track of your business's financial health could gradually result in business failure; however, failure rarely occurs without warning.
How to Market Your Bookkeeping Business Kristen Corey from ProAdvisor Marketing presented Marketing for Bookkeepers 101 and 201. The videos reviewed basic steps to begin your business marketing (101) and then more detail on how to elevate your marketing (201). These 2 videos will benefit a lot of you – really smart and motivated bookkeepers who are ready to create a business that changes your family’s life.
Making better decisions doesn’t always require more data. Finding the right data and making sure the right people have it at the right time does. This is particularly important for companies that use the cloud.
Life is full of choices and opportunities, and let’s face it – we humans don’t always make the best decisions. While there might be a few skeletons in my closet, an auditor would never find a questionable purchase on one of my expense reports when conducting a travel and expense audit.
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.
You may have noticed several new methods for vendor payments in your role as a business owner. Your customers might be hiring automated accounts payable (AP) software providers, for example, to handle your invoices and payments for them. Like anything new, it may take a while to get used to this. We thought it might help if we explained more about how this system works.
Subscribe to Work Life Get stories like this in your inbox Subscribe. 5-second summary. Research shows that using humor can help encourage others to want interact with you in the future. People who incorporate levity in presentations are more likely to be seen as competent and confident. You don’t have to be naturally hilarious to use humor at work.
The Standard Tax Deduction Rises in 2022 All taxpayers are eligible to take the standard tax deduction unless they elect to itemize their deductions. The standard tax deductions for 2022 are: Single: $12,950 (up from $12,550 in 2021) Head of Household: $19,400 (up from $18,800) Married Filing Jointly: $25,900 (up from $25,100) Married Filing Separately: $12,950 (up from $12,550) Tax Bracket Increases for 2022 Federal taxes are calculated on tax brackets depending upon your filing status.
Toast is a very popular restaurant point of sale (POS) system. If you have Toast you obviously want to know how to extract the relevant data and efficiently get it into your accounting system. From an accounting perspective I only look for two things from a restaurant POS system: Is it a cloud-based system? Does it properly integrate with QuickBooks Online?
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.
AWS currently offers over 200 services. Some of those make up the AWS Cost Management suite. This group comprises AWS Cost and Usage Report (CUR), AWS Budgets, AWS Cost Explorer, AWS Cost Categories, and AWS Cost Anomaly Detection.
In business, order to cash (O2C) encompasses the processes used to get paid from a customer order. This can seem like a straightforward process, but anyone who has been involved in sales at a large company knows that the operation is not so simple. In this blog we provide an overview of the order to cash cycle and fresh ideas about how to cut down the process time.
Subscribe to Work Life Get stories like this in your inbox Subscribe. Jira Service Management promises to unlock high-velocity teams. And both technical teams and the business departments they work with can benefit from Jira Service Management, especially HR teams. Atlassian’s People Technology IT team partners with the People Team (which is what we call our HR department) to find creative ways to unlock speed and value.
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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