May, 2020

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4 Benefits of Partnering with a Workday Certified Software Partner

Ascend Software blog

When it comes to software, it often takes multiple products to form an efficient end-to-end solution. That's one of the main reasons why software solution companies form partnerships, as they allow you to deliver a more complete solution to solve their customers' problems.

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The Benefits of Integrated Financials with Budgeting and Planning

Sage Intacct

What does it take to successfully manage your business? How do you measure success? To answer these questions in the simplest form, you must have a plan, identify objectives to meet it, and identify metrics to measure progress toward your identified objectives. For example, 3 years ago, I was overweight and needed to reach a normal weight for my long-term health.

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4 Ways Paperless AP Mitigates Fraud Risk for Homeowner Associations

AvidXchange

With many of their teams now working remotely, association management companies and community associations are at increased risk for data breaches and check fraud that can erode trust and lead to financial loss. How so? Those relying on paper-based, manual processes are struggling to access the paper and people they need to work while protecting sensitive information from increased vulnerabilities.

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Just Say No to Cash App

1st Step Accounting

I’ve been seeing online the many requests for Cash App deposits to help keep small business afloat during this pandemic and I want to implore all you owners out there to just say NO. Cash App , a division of Square and is a great source to get quick funds from friends and family (along with Venmo , a division of PayPal ) but in the long term it is not a great tool for small businesses trying to build and grow their businesses.

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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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How an Accountant Can Help Your Business During COVID-19

Billah and Associates

Can accountants help SMEs stay resilient in the COVID-19 crisis? As the global pandemic (COVID-19) shows no signs of leaving the planet soon, small and medium-sized enterprises are trying hard to find a way to sustain their business growth. At this point in time, experienced and efficient accountants and bookkeepers are playing a major role in guiding small business owners to navigate through the storm.

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Ep. 69: Sandra Clarke - Finance & Innovation -- The Perfect Partnership

IMA's Count Me

Sandra Clarke and Blue Shield of California in the news: Blue Shield of California Updates Details on Financial Support Options to Healthcare Providers in Response to COVID-19 Crisis In the News: Blue Shield of California Offering Financial Support to Providers, Sandra Clarke Tells The Wall Street Journal FULL EPISODE TRANSCRIPT Mitch: (00:05) Hi everyone.

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Preparing Your Company for Recovery: Six Steps for SaaS Finance Leaders

Sage Intacct

While the COVID-19 crisis continues to evolve, many SaaS and subscription finance leaders are looking ahead to the recovery phase and wondering what their peers are doing. During the virtual Modern SaaS Finance Summit , CFOs and investors shared six steps you can take to put yourself and your company in a position to know where you stand, anticipate and plan for volatility, and communicate your plan to your Board.

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How Accounts Payable Automation Benefits Security

AvidXchange

Understanding how accounts payable (AP) automation benefits security is extremely important in today’s climate, as criminals are upping their game to take advantage of new opportunities. Organizations must protect not only their employees, but also their financial data and personal information. Otherwise, they stand to take financial loss, in addition to loss of reputation and trust, in the event of a data breach.

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How Chris Herbst is saving hours for South African SMEs with Cloud Accounting

Dext

“You need all the time you can get to add value to your business in South Africa. Something like Receipt Bank may be a luxury in some places but here it’s a necessity.

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May 29, What to do with T4A slips received from customers / clients

Bookkeeping Essentials

I get self-employment professional income reported on T4As from several different sources and although they are for work that is essentially similar, every

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

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.

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Ep. 68: Paul Miller - Tax Implications and Planning due to COVID-19

IMA's Count Me

Miller & Company, LLP: [link] FULL EPISODE TRANSCRIPT Adam: (00:06) Welcome back to episode 68 of Count Me In. IMA's podcast about all things affecting the accounting and finance world. I'm your host, Adam Larson, and today we'll be listening to an important conversation about the tax implications and guidelines for individuals and small to midsize businesses following the various government loans in response to the COVID-19 crisis.

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Pending Home Sales Plummet in April

NACM

Pending home sales is the latest sector to see record drops from the impacts of COVID-19. The Pending Home Sales Index from the National Association of Realtors (NAR) declined 21.8% in April. All regions saw a month-to-month and year-over-year decline in pending home sales. "With nearly all states under stay-at-home orders in April, it is no surpri.

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What Makes Bookkeeping Important For A Small Business

Billah and Associates

Bookkeeping is vital for keeping accurate financial records. Nevertheless, many startups and small businesses come up short against implementing this necessary process. In addition to the fact that keeping proper books and records is crucial under law, it saves you failure and disappointment later on. In practical terms, improper bookkeeping and accounting are some of the reasons for business failure.

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How Panera Bread Baked The Efficiency of Automation Into An AP Process That Keeps Their Bills Paid During The Pandemic

AvidXchange

Panera Bread Company is the fast-casual restaurant with healthy food options and a bakery we have all come to know and love. Unfortunately, their IT finance department’s process for dealing with invoices and doling out payments was less desirable. So, Panera turned to AvidXchange to assist with things behind the counter—streamlining their accounts payable processes.

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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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Blueprinting Success with Receipt Bank

Dext

Two tech enthusiasts, Brian Clare and Sean Duffy, met at the Ottawa Hospital financial department. In 2017, they took the leap to found Blueprint Accounting. In the last three years, things have moved quickly. From an evening passion project, the practice now serves businesses across Canada.

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May 12, Downloading QBO Attachments in a Batch

Bookkeeping Essentials

While reading and participating in various online bookkeeping groups, I noticed the question is arising as to how you can download all the attachments

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Ep. 67: Gordon Hofman - How Can I Improve My Organizational Culture for Better Productivity?

IMA's Count Me

Contact Gordon Hofman: [link] FULL EPISODE TRANSCRIPT Mitch : (00:00) Welcome back for episode 67 of Count Me In. I'm your host Mitch Roshong, and I'll be bringing you to Adam's conversation with the vice president of finance for SSA Marine, Gordon Hoffman. SSA Marine is a global transportation and trucking firm with operations across five continents.

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New Home Sales Rise Slightly Showing 'Potential Recovery'

NACM

Although existing home sales declined last month, new home sales held their ground in April with more than a half-percent rise. National Association of Home Builders (NAHB) reported the increase brought the seasonally adjusted annual rate to 623,000 units.NAHB Chairman Dean Mon said in the report that the new home sales results "show the potential.

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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.

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Demand for PPP Cools Due to Worries About Loan Forgiveness

Cloud Accounting Podcast

Sponsors SmartBooks Genie: [link] OnPay: [link] BQE Core: [link] Show Notes 06:03 - White House considers measures to boost economy without Congress - NBC News 06:30 - Intuit Accountants (@IntuitAccts) Survey - Twitter 07:59 - QuickBooks Town Hall with Senators Rubio and Cardin: Full transcript, video - Intuit QuickBooks 08:38 - Demand for Small-Business Loans Cools - Wall Street Journal 09:34 - Footwear Company Allbirds To Return PPP Loan - PYMNTS.com 10:26 - Two Men Charged In First US Case Of

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Managing Association Bills to Maintain Business Continuity

AvidXchange

With most of their employees working remotely, association management companies have been forced to revisit the processes they rely on to sustain operations. Among the most critical functions for ensuring business continuity is paying association vendor bills. It’s an uphill battle for those who rely on manual, paper-based AP invoicing and payment processes.

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Lessons From the Front: How Businesses Are Solving for Critical Gaps in Continuity Plans [On-Demand Webinar]

AvidXchange

Two months into this global pandemic, we wanted to continue exploring critical gaps in continuity plans and understand what some companies are doing to solve for them. So, we gathered a panel of industry insiders to share some insights from the frontlines of business and finance operations in this new reality, including: Jess Scheer, executive editor at the Institute of Finance and Management (IOFM) Marijke Van Stichel, property accountant at SCM Realty Services Angelic Gibson, chief information

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BONUS | Alain Mulder and Bernardin Generalao - Business Continuity in Europe

IMA's Count Me

Contact Alain: [link] Contact Bernardin: [link] Coronavirus Update from IMA: [link] FULL EPISODE TRANSCRIPT Mitch : (00:05) Hey everyone. Welcome back for another special bonus episode of Count Me In. Over the last few weeks, we have interviewed various IMA staff members from across the globe and shared their perspectives on how business in their region is being handled following disruption of Covid-19.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

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

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Ep. 66: John Stretch - Stakeholder Capitalism

IMA's Count Me

John’s website : [link] To view a selection of blogs visit [link] You can find more examples of the author’s writing at these two websites: [link] and [link] Also visit [link] John's recent book: [link] John’s YouTube channel : [link] Contact John Stretch: Email - stretch@global.co.za LinkedIn - www.linkedin.com/in/john-stretch-272a475 FULL EPISODE TRANSCRIPT Adam : (00:05) Welcome back to episode 66 of Count Me In.

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Ep. 65: Patricia Werhane - The Ethics of Commerce During Crisis

IMA's Count Me

About Patricia Werhane: [link] Article About Patricia Werhane: [link] FULL EPISODE TRANSCRIPT Mitch : (00:05) Welcome back to Count Me In, IMA's podcast about all things affecting the accounting and finance world. We are here for you today with episode 65 of our series. As we've addressed in many recent episodes, the Coronavirus has affected various aspects of accounting and finance.

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Ep. 64: Rohit Thakkar - The Business Partner as a Co-Pilot

IMA's Count Me

Contact Rohit Thakkar: [link] FULL EPISODE TRANSCRIPT: Mitch : (00:00) Welcome back to Count Me In, IMA's podcast about all things affecting the accounting and finance world. I'm your host Mitch Roshong. And today we're going to hear about the popular topic of business partnering. Adam spoke with Rohit Thakkar, finance business partner at Adobe to define the role of a business partner and explain how you can guide the business with strategic decisions.

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BONUS | Richard Li - Business Continuity in China (with Rouba Zeidan)

IMA's Count Me

IMA's Website: [link] Coronavirus Update from IMA: [link] Richard Li, IMA's Vice President and Chief Representative of China, joins Count Me In to talk about COVID-19 in the region and discusses the internal and external developments being implemented to safeguard human life and business continuity. This regionally focused bonus episode hosted by Rouba Zeidan continues the series of conversations we are having to highlight the various efforts across the globe to empower the management accounti

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Solve Your Firm's Automation Complexities Once and For All

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.

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BONUS | International Management Accounting Day: Jeff Thomson - Creating Value in Critical Times (with Rouba Zeidan)

IMA's Count Me

International Management Accounting Day: [link] IMA's website: [link] About IMA: [link] FULL EPISODE TRANSCRIPT Adam : (00:05) Welcome back to Count Me In, IMA's podcast about all things affecting the accounting and finance world and happy international management accounting day. Every year. On May 6th,, IMA celebrates this global day of recognition to commemorate the important role management accountants play within their organizations to help bring more light.

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Ep. 63: Ray Hutchins & Mitch Tanenbaum - How You Can Leverage Cybersecurity to Increase Your Value to Any Organization

IMA's Count Me

CyberCecurity, LLC : [link] Video Training by Ray and Mitch: [link] Mitch's Blog : [link] & [link] Contact Ray Hutchins: [link] Contact Mitch Tanenbaum: [link] FULL EPISODE TRANSCRIPT Adam: (00:05) Welcome back to Count Me In, IMA's podcast about all things affecting the accounting and finance world. Cybersecurity is something that truly affects management accountants, but really all individuals and firms.

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Existing Home Sales Continue Decline in April

NACM

COVID-19 continues to impact existing home sales, resulting in the second-straight month of declines. The National Association of Realtors announced May 21 that sales dropped 17.8% in April from March, and sales are down roughly the same amount from April 2019. The steep fall is the largest month-over-month decline since July 2010. "The economic lo.

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No "Mo" PPP Loan Forgiveness for Reality Star

Cloud Accounting Podcast

Sponsors LivePlan: [link] OnPay: [link] BQE Core: [link] Show Notes 06:50 - Pioneer discloses new details of MyPayrollHR owner's alleged fraud – Albany Business Review 08:26 - Richard Burr Steps Back From Senate Panel as Phone Is Seized in Stock Sales Inquiry – New York Times 12:08 - Reality star charged with spending funds from federal small business program on jewelry, Rolls-Royce – Washington Post 17:26 - Marco Rubio discusses making changes to the PPP rules - Twitter 19:20 - SBA Releases Pay

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Travel and Expense Policy Success: Your Essential Checklist

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.