AP Association
MARCH 22, 2022
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.
Atlassian
MARCH 2, 2022
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.
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Sage Intacct
MARCH 14, 2022
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.
CloudZero
MARCH 30, 2022
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.
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
5 Minute Bookkeeping
MARCH 3, 2022
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.
IPS
MARCH 2, 2022
If it feels like you are working longer hours these days, you are not alone.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Atlassian
MARCH 9, 2022
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.
Azure FinOps
MARCH 25, 2022
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
CloudZero
MARCH 25, 2022
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.
5 Minute Bookkeeping
MARCH 31, 2022
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.
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.
AvidXchange
MARCH 21, 2022
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.
AP Association
MARCH 15, 2022
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.
Atlassian
MARCH 25, 2022
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.
Azure FinOps
MARCH 25, 2022
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
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.
CloudZero
MARCH 18, 2022
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.
Oversight
MARCH 21, 2022
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
MARCH 18, 2022
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.
Stephanie Peterson
MARCH 12, 2022
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.
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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.
Atlassian
MARCH 4, 2022
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.
Bookkeeping Side Hustle
MARCH 7, 2022
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.
CloudZero
MARCH 21, 2022
As a framework for goal-setting, the Objectives and Key Results (OKRs) methodology is an incredibly useful tool when implemented properly. It can help your engineering team better plan and stay aligned toward common objectives through the duration of the development process.
Oversight
MARCH 4, 2022
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.
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
AvidXchange
MARCH 15, 2022
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.
Stephanie Peterson
MARCH 8, 2022
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.
Atlassian
MARCH 9, 2022
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.
SLC Bookkeeping
MARCH 3, 2022
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?
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
MARCH 9, 2022
Although Amazon Web Services (AWS) announced cost categories a few years ago, many people still struggle to understand the difference between them and AWS tags. If this sounds familiar to you, you are not alone.
EasyBooks
MARCH 1, 2022
You are probably already aware of the British Government’s move towards easier and more advanced tax management via the Making Tax Digital (MTD) program. But if you are a small business and are still wondering how and when to migrate to the digital way of things, you might need to make haste.
AvidXchange
MARCH 9, 2022
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.
XY Bean Counters
MARCH 1, 2022
Welcome to Accounting 101! Let's go over the different types of accounting, financial statements, value chains, types of costs, and more.
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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.
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