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This is a follow up to a blog series where we explore DIY cloud cost management, monitoring, and optimization tools. In the first, we investigated how Lyft, Netflix, Segment, Expedia, and Slack built theirs. Check it out here.
Coming out of 2020 – one of the most turbulent economic years in history –the construction industry faces several market realities and technology challenges, as well as exciting opportunities. The pandemic caused widespread project delays, job cancellations and payment delays to contractors and subcontractors. There were shortages of products and materials.
From today Receipt Bank is now – and Dext is so much more. But what is Dext and what does this mean for you? What’s Dext? Dext is the new name for our company. We make accountants, and the businesses they advise, more productive, profitable and powerful with better data and insight.
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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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.
Living paycheck to paycheck is exhausting. As soon as your paycheck comes in, you have to spend it all on necessities like rent, utilities, insurance, and paying off debt. There’s usually little, if anything, left for savings or recreational activities. Then, something even worse happens: you’re hit with a fee. You might have missed a … Living Paycheck to Paycheck?
As businesses measure their growth based on revenue and expense cycles, accounts payable’s invoice payment activities can have a large impact on these cycles. Invoice processing is a key part of the procure-to-pay life cycle that makes up a company’s expenditure cycle. The payable process generally involves receiving and validating invoices, capturing and coding the data on the invoice, invoice matching, approvals, payment, and financial posting.
As a cloud cost intelligence solution , we often get asked where we fit in the cloud cost universe — and whether or not we’re an alternative to CloudHealth. The short answer is: it depends.
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As a cloud cost intelligence solution , we often get asked where we fit in the cloud cost universe — and whether or not we’re an alternative to CloudHealth. The short answer is: it depends.
It will be hard for accounts payable leaders to achieve incremental process improvements unless they digitize the way their department receives, approves and posts invoices when staff work remotely.
The role of a manager is to support employees—and that includes supporting their mental health. As we move into the new normal following the COVID-19 pandemic , that will be especially true for healthcare staff management. Not only were healthcare staff on the front lines of the pandemic, they had to adapt to the rapid adoption of new modalities and technologies, such as automated workflows, digital communication, and telehealth.
The construction industry’s biggest challenges to growth this year include project delays, shortages of skilled workers and less access to building products and materials. But it isn’t all bad. Despite the undeniable challenges, the industry has several opportunities for a prosperous year. More contractors are confident the market will offer new business opportunities in next 12 months and have hiring plans that reflect that belief.
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
You landed an interview for a new accounting job. Congratulations! Odds are that it’s a virtual interview (according to a Gartner Survey in April 2020 , 86% of interviews are currently virtual due to coronavirus). Virtual interviews are here to stay, and they are the standard when interviewing for a remote accounting job – the new normal. The question is, how can you avoid messing up a virtual accounting interview?
Technical debt is an important — but often unclear — concept for engineering teams. In software development, technical debt, also called code debt or tech debt , is defined as the cost of refactoring a piece of code or system to keep it working efficiently.
If you’re like most small business owners, you often find yourself or a member of your team sitting at a desk that’s piled high with receipts, invoices, and bank statements or stuck at a computer wading through multiple spreadsheets. Diligently, you get stuck-in, only to find that (what seems like) the same pile of work presents itself again a couple of days later.
In the fifth installment of Oversight's "Spend Risk Examined" podcast, Chief Client Officer Nathanael L'Heureux shares the benefits of building a culture of compliance and the steps to creating one.
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.
Quite often, I’m asked by small business owners if they should set up an LLC, and my response is always “Why?” Their response is usually because someone told them they should. Somewhere along the line, we have become satisfied accepting business advice from people who have no business providing said advice. Most times, this someone is not qualified to offer such advice, nor do they have personal experience to draw from.
With the new year upon us, it’s time for leaders in the construction industry to think of new strategic initiatives. Here’s one to consider: whether now is the right time for your company to start automating accounts payable (AP) processes. There are many questions to answer. Will this shift save your company money and generate a compelling return on your investment?
When your company has the opportunity for a new project, it can be very tempting to accept any offer that comes your way. However, it is important that the scope of the project is carefully reviewed and analyzed in conjunction with your accountant or accounting department to make sure that the objectives are in line with company goals and perform a risk assessment to ensure tolerable risk.
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?
Small business owners often find themselves wearing all the hats in their business, juggling daily tasks that range from sales through to purchasing and daily finance operations. The problem is that if you want to grow your business intentionally, the ‘I’ll oversee everything myself’ model is simply not sustainable. The internal finance function in your business is its lifeblood.
At Dext, we ask the hard questions for you to help share some of the best tips possible for advancing your practice. We’ve worked with one of our partners Michael Shafman, CEO of NexCloud Consulting, to cover some of the topics we know you are curious about.
Contact Serena Wolfe: [link] FULL EPISODE TRANSCRIPT Mitch: ( 00:00 ) Hello and welcome back for another episode of Count Me In. Mitch Roshong here with you again and today you'll be hearing my co-host Adam speak with Serena Wolf about CFO role in implementing an ESG agenda. Serena is CFO of Annaly Capital Management and has over 20 years of experience in accounting.
It may seem like a big undertaking to go about automating accounts payable processes throughout your business. To help, here’s a quick guide, and some actionable steps you can take. Why should I consider automating accounts payable? You may want to consider accounts payable automation if you’re looking to streamline operations, lower costs and deliver more personalized services to customers.
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.
Sponsors BQE CORE: [link] Bookkeep: [link] BooksTime: [link] Show Notes 1:00 - Welcome back, Rachel Fisch! 2:40 - MNP to acquire subset of Deloitte business to expand footprint in select locations across Canada [link] 9:31 – Episode 49 Discussion about KPMG back in December of 2018 [link] 14:49 - EY U.S. Chair Kelly Grier Is Super Excited About EY’s Super Bowl Ad, You Guys [link] 15:15 – Take a listen to EY’s Super Bowl Ad 16:00 - Same year that EY elected to forgo performance based
If you want an accurate evaluation of your financial position, you need an accounting auditing firm. Not every business has enough resources to audit its accounts. Accounting ensures that you have proper data of your income & expenditures, assets, liabilities, investments, and much more. It provides a complete overview of how your finances stand at a particular date.
Massive Rocket used our platform to scale effectively by reducing the number of hours wasted processing expenses from a team that operates around the world. Founder and CEO Thierry Sequiera speaks about moving from a month-end model to one that operates in real-time – and how easy it was to get there.
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.
Contact Mitch Perry: [link] FULL EPISODE TRANSCRIPT: Mitch: (00:00) Thanks for coming back and listening to another episode of Count Me In, I'm your host Mitch Roshong, and this is the 110th episode of IMA's podcast series. Today you will hear from Mitch Perry, CFO for Blue Cross Blue Shield of North Carolina. Mitch is an experienced executive with a demonstrated history of leading effectively across multiple industries, including healthcare, energy, and insurance.
Your business may believe it’s time to consider shifting to an automated and paperless accounts payable (AP) process. But how can you be better informed and more confident this is the right move to make for your company? What factors should you more carefully weigh? Here’s a rundown of the questions you’ll want to answer and issues you’ll need to address.
Guests Shehan Chandrasekera, CPA [link] CPA Practice Advisor 40 Under 40 honoree Head of Strategy for Tax at CoinTracker Dr. Sean Stein Smith, CPA [link] Assistant Professor at Lehman College (CUNY) Founder at Company NameInstitute for Blockchain & Cryptoasset Research Show Notes 2:55 - Bitcoin to Come to America’s Oldest Bank, BNY Mellon [link] 4:49 - Tesla Buys $1.5 Billion in Bitcoin: What Could Possibly Go Wrong?
CloudZero is a cloud cost intelligence solution that puts engineering in control of cloud cost. We set out to disrupt the cost management and optimization space by building a solution that was designed around the way engineers work — so cost becomes a tradeoff during the software development process, rather than a massive disruption.
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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