Atlassian
FEBRUARY 2, 2022
Subscribe to Work Life Get stories like this in your inbox Subscribe. 5-second summary. Team cohesion is an important component of high-performing teams. Too much team cohesion can mean that individuals focus on coming to an agreement rather than finding the best idea. Encouraging a culture of healthy dissent can help prevent this – but only if team members feel psychologically safe.
CloudZero
FEBRUARY 25, 2022
In 2021, the most popular vendor in the cloud infrastructure services market, Amazon Web Services (AWS), controlled 32% of the entire market. To encourage more businesses to choose AWS, Amazon started a program to help accelerate migration — the AWS Migration Acceleration Program (AWS MAP).
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IPS
FEBRUARY 15, 2022
It’s tempting to think that deploying SAP Ariba will solve all your invoice processing problems. But it doesn’t take long to realize that you might need a bit more help.
Dext
FEBRUARY 23, 2022
Back in December 2021, we invited Paul Aplin OBE to share his thoughts on basis periods. Here, Paul recaps the talking points from that webinar and looks at what’s changing and what you need to know.
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
AvidXchange
FEBRUARY 21, 2022
A common topic we receive a lot of questions about is related to ACH transfers vs wire transfers. Today both consumers & businesses have a wide array of options for paying their bills with accounts payable software. Lost in the seemingly endless options are the details of how those payments are actually executed, and what are the benefits & risks associated with making payments with each of these options.
Stephanie Peterson
FEBRUARY 17, 2022
Due to the American Rescue Plan, which was established last year, payment app providers like Venmo, PayPal, CashApp, etc. are all now required to issue you a Form 1099-K and report your earnings to the IRS for all business transactions of a combined total of $600 or more per year. This new law was created to make it tougher for someone to evade paying taxes they owe on business-related transactions.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
CloudZero
FEBRUARY 18, 2022
At a growing SaaS company, cloud costs can change dramatically from month to month depending on the software you’re building, the number of customers you have, and how products are performing.
IPS
FEBRUARY 8, 2022
Charles H. Greenthal Management Corp., a New York-based property management company, uses the IPS accounts payable (AP) automation solution to enable strong growth, deliver excellent service to its clients, and ensure on-time, happy suppliers.
Dext
FEBRUARY 21, 2022
Great work starts with great data The advice you give clients is only as good as the data you’re working with. As well as alerting you to data that’s missing or simply not quite right, Dext Precision provides you with proactive insights, all of which mean your team can offer greater value to clients.
5 Minute Bookkeeping
FEBRUARY 17, 2022
Are you feeling unsure about how to fill out Forms 1099-NEC and W-9? When the time of the year rolls around to prepare these forms, you might struggle to remember how exactly to go about it. In this article, I’ll explain how to fill out Forms 1099-NEC and W-9. Form 1099-NEC for Non-Employee Compensation. Non-employee compensation is reported in Box 1.
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.
Billah and Associates
FEBRUARY 16, 2022
Accounting and bookkeeping are among all organizations’ most un-most loved activities. It may very well be enticing to hold back on your business accounting and heap it up until the furthest date of the tax season, just to complete it in a rush when the cutoff time is around the corner. That isn’t the method for maintaining a business! That’s when people start looking for bookkeeping services in Toronto to keep them in line with the taxation process.
Atlassian
FEBRUARY 28, 2022
Subscribe to Work Life Get stories like this in your inbox Subscribe. 5-second summary. Creating a strong, cohesive team takes intention and planning. Researchers have been studying team dynamics for decades. There’s a significant body of knowledge about which organizational structures provide the best results given the circumstances, goals, and personalities involved in a team.
CloudZero
FEBRUARY 16, 2022
As companies increasingly build in the cloud, cost optimization has become a major issue for many engineering teams. While cloud providers like AWS offer flexibility and easy scalability, cloud costs are often opaque and difficult to track.
AvidXchange
FEBRUARY 16, 2022
While the pandemic changed a number of industries in profound and unprecedented ways, you’d be hard-pressed to find an industry more radically transformed than real estate. Reconfiguration of the residential and commercial real estate space has been widely covered, but AvidXchange’s AvidIndex, which analyzes millions of payments made across the AvidPay Network each quarter, showed an interesting trend emerging in the industrial warehousing sector.
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.
Azure FinOps
FEBRUARY 15, 2022
This post is about getting started with FinOps or, more specifically, how to cultivate a cloud optimization point of view and the obstacles you’re likely to face. If you’re interested in starting a FinOps practice within your organization, this is for you. FinOps Personas from the FinOps Foundation We’ve reached an interesting point in the still unfolding cloud era.
Stephanie Peterson
FEBRUARY 13, 2022
Do you own any cryptocurrencies? If so, it is wise to stay on top of tax laws and regulations that may impact your crypto investments. Will you need to pay taxes on your crypto? Due to the fact that the IRS classifies crypto as a capital asset (a significant piece of property), you will owe taxes when you sell crypto and make a profit. Similar to more traditional investments, such as stocks traded at a gain.
AWS FinOps
FEBRUARY 4, 2022
Following re:Invent 2021 and all the amazing announcements, there are so many new and exciting ways for customers to optimize cloud spend. This blog highlights some opportunities that customers could really benefit from, and offers guidance on how to take advantage of them, and, therefore, the savings. If you want to hear about other re:Invent announcements, check out the Top Announcements for AWS re:invent 2021 post or watch our re:Invent episode from ‘ The Keys to AWS Optimization – Twitch Ser
Atlassian
FEBRUARY 10, 2022
Subscribe to Work Life Get stories like this in your inbox Subscribe. 5-second summary. Workplace culture is the system of shared beliefs and behaviors that determine how an organization’s members interact and make decisions. Research shows that a toxic workplace culture can have a negative impact on productivity. The pandemic tended to amplify existing cultural issues.
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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.
CloudZero
FEBRUARY 15, 2022
AWS resource tagging is fundamental for effective cloud cost management. By creating and allocating cost-related tags in AWS, you can organize and manage your resources according to keys and values that make sense to you. This helps you better understand your cloud costs and manage your spending.
AvidXchange
FEBRUARY 15, 2022
For years, accounts payable (AP) automation wasn’t a consideration for Agynbyte LLC , a leading community association management company based in Bellevue, Washington. The AP department was happy with its in-house practices, and the company was enjoying steady growth. Then, Agynbyte acquired a local condominium management company with 25 associations leveraging AvidStrongroom from AvidXchange.
Azure FinOps
FEBRUARY 15, 2022
This post is about getting started with FinOps or, more specifically, how to cultivate a cloud optimization point of view and the obstacles you’re likely to face. If you’re interested in starting a FinOps practice within your organization, this is for you. FinOps Personas from the FinOps Foundation We’ve reached an interesting point in the still unfolding cloud era.
Stephanie Peterson
FEBRUARY 9, 2022
It is essential to reimburse yourself and your employees the right way. Having an accountable plan in place that follows IRS regulations benefits both a business and its employees by maximizing deductions and minimizing taxes. It allows for tax-free reimbursement of business-related expenses to officers and employees while being 100% tax-deductible for your business.
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
5 Minute Bookkeeping
FEBRUARY 3, 2022
If you’re here, you’ve likely heard of the 5 Minute Bookkeeping blog, and maybe the 5 Minute Bookkeeping YouTube channel , too. I love interacting with our community online, and I thought that for a change, you might want to see a behind the scenes look at how I put together the videos for my YouTube channel. Read on to see what happens behind the scenes at 5 Minute Bookkeeping and how these videos come about.
Atlassian
FEBRUARY 3, 2022
5-second summary. Failures and setbacks can destroy a team’s confidence, which, in turn, can impact their performance. Leaders can help people power through a crisis by employing three mental safeguards that keep the team from falling into a shame spiral. Once the dust has settled, teams should do some guided reflection to help them regain their confidence.
CloudZero
FEBRUARY 11, 2022
Most organizations migrate to the Amazon Web Services (AWS) public cloud from on-premises data centers. But others switch from another Infrastructure-as-a-Service (IaaS) platform to AWS. The most common reason we hear for choosing AWS is cost savings.
AvidXchange
FEBRUARY 11, 2022
The advertising industry was hit hard by the pandemic, down more than $20 billion in 2020 , according to Statista. After a swift recovery, it’s predicted to experience exponential growth in 2022. As ad spending continues to climb and media buying and advertising agencies take on more work, what does it mean for staff that handles the invoicing and payments?
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.
Oversight
FEBRUARY 2, 2022
E mployee Purchase Cards, or P-Cards, are work credit cards that allow employees to make smaller, routine purchases. P-Cards can lower operational costs by automating supplier payments and streamlining the overall procurement process, but they can also open the door to new risks like fraud and abuse.
XY Bean Counters
FEBRUARY 1, 2022
4 MIN READ Tax season is here, and advisors are starting to take a more detailed look at their books in preparation for filing and sending financial statements to their tax accountants. Before you send anything to your tax professional, a little legwork in advance might just get you moved to the front of the line and makes a big difference in filing as accurately as possible.
IMA's Count Me
FEBRUARY 27, 2022
Contact Dan Toma: [link] Outcome: [link] Dan's other podcasts: [link] [link] [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. This is your host Mitch Roshong, and I'm here to introduce our featured guest for episode 172 of our series. This conversation features Dan Toma, an innovation thought leader and the co-author of the award-winning book, The Corporate Startup and Innovation Accounting.
Atlassian
FEBRUARY 3, 2022
Subscribe to Work Life Get stories about tech and teams in your inbox Subscribe. In 1988, Hewlett Packard (HP) conducted an internal review of their software development processes and set a target to improve their code quality tenfold. To meet this ambitious goal, they tried a number of approaches. Eventually, they concluded that incorporating code reviews into the development cycle saved more money than resolving defects after they were found by customers. fyi.
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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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