September, 2021

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The Legacy Of IaC: How CloudZero Dimensions Transform Cloud Cost

CloudZero

Few practices exemplify the impact of DevOps more than Infrastructure as Code (IaC).

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AP Automation Versus AP Optimization

IPS

The shift to remote working has accelerated the digital transformation efforts of AP departments. Seventy-seven percent of AP departments now have at least some technology for processing invoices.

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How Virtually Sorted Uses Dext Prepare to Save 15 Hours a Week Per Client

Dext

About Virtually Sorted Virtually Sorted Business Services (Virtually Sorted) is a bookkeeping service company that works alongside a breadth of clients, from manufacturing and construction to beauty services and retail.

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3 Biggest Myths about Accounts Payable Software and Services

AvidXchange

You may not expect mythology to have any relevance in the numbers-driven, here-and-now world of accounts payable software and services. But it sure does. Many myths, false notions, flawed ideas and untrue situations are consistently perpetuated across this industry. From the expansive list of industry myths, three stand out above the rest because they can be especially influential in leading you down the wrong, or right, paths in your processing of invoices and payments.

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Breaking Ground on Better Payment Processes: Strategies for Construction Pros

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

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Shared Services Outsourcing Week: The Top 4 Topics Discussed

Oversight

A s we come up on 20 months of COVID-19, people are becoming more eager to travel and meet in person. Oversight was a sponsor at the 25th Annual Shared Services Outsourcing Week in Orlando, FL recently. All attendees shared one thing in common: We were excited to finally attend our first in-person event since the pandemic stormed the world in early 2020.

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5 Common Bookkeeping Mistakes You Must Avoid

Stephanie Peterson

Commingling Business and Personal Accounts Let's face it; it is not good business practice to blend business and personal finances. Not only does it make it difficult to track business transactions and make cash flow management difficult, but it takes away a business's credibility. Creating a separate bank account for your business will make it easier to identify the difference between personal and business expenses and help your case if the IRS ever audits your business.

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Keeper.app Demo

Bookkeeping Side Hustle

Sign Up For Keeper and Get 20% off your first 3 months Review and Demo of Keeper for accountants and bookkeepers July 2022 – An updated demo of Keeper with Founder and CEO Ben Stein. Watch the latest video below. And get 20% off your first 3 months of Keeper when you sign up with my affliliate link ! What do you call a group of accountants? A crew!

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The Growing Business E-Commerce Trend

Dext

Dext processes millions of financial documents per week with the highest measured data accuracy rate in the industry – and we’re able to analyse these anonymised transactions to bring you the latest trends.

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3 Ways AP Automation Helps Protect Your Business

AvidXchange

Your company has overcome countless disruptions in recent years and you’re undoubtedly better for it. Now it’s time to protect your business from future disruptions so you can focus on accelerating growth. But that’s a challenge. So much has changed. The work-from-home trend – a major structural shift in how companies operate – appears here to stay.

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New Features to Help You Get the Most out of QuickBooks Online

XY Bean Counters

5 MIN READ Getting the most out of QuickBooks Online (QBO) is a process that requires a keen understanding of its features and functionality. While the fundamentals of QBO rarely change, updates and features are constantly being introduced. Just as you hone your talents in the realm of financial advisory, you should become equally capable with the technology that you rely on.

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The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

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Would Being an S Corporation Benefit Your Business?

Stephanie Peterson

It can be tricky to decide what company structure is best for your small business. With corporate tax rates on the rise, many small business owners are seeking to find ways to save on taxes. Might an S Corporation be an advantage to your business? Let's take a look at what an S Corporation is: An S Corporation is a business that elected for S Corporation Status through the IRS.

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The Complete Cloud Operations Guide (+5 Best Practices)

CloudZero

As cloud adoption continues to increase, organizations are recognizing the need for cloud operations. CloudOps, as it’s often called, has become the industry standard for cloud-powered enterprises that intend to get the most out of their cloud services.

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6 Things Companies Should Consider for Post-COVID Business Travel

Oversight

W hat is the future of business travel post-pandemic? While personal travel and family vacations seemed to come back in full swing this summer, most pundits predict that a full recovery for corporate travel may take anywhere from 2-3 years. Many experts say business travel will look much different in the future, especially in the near-term as airlines, hotels, and car rental companies work to restore "normal" capacity.

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Ron Baker’s Four Steps to Pricing Success in 2022

Dext

A professional – which includes accountants and bookkeepers – is someone who is responsible for achieving a result, rather than performing a task.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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Digital Resiliency: How to Capitalize on the Next Tech Wave

AvidXchange

The digital transformation movement has helped the world of finance evolve in recent years. Now, as we move into another era of evolution, digital resiliency is stepping into the spotlight. We want to help you better understand what digital resiliency is and how it can help your business become more secure, better prepared for future business disruptions and ready to capitalize on new opportunities.

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New Features to Help You Get the Most out of QuickBooks Online

XY Bean Counters

5 MIN READ Getting the most out of QuickBooks Online (QBO) is a process that requires a keen understanding of its features and functionality. While the fundamentals of QBO rarely change, updates and features are constantly being introduced. Just as you hone your talents in the realm of financial advisory, you should become equally capable with the technology that you rely on.

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How to Avoid the Pitfalls of Messy Bookkeeping

Stephanie Peterson

Is your bookkeeping disorganized? Typically this occurs due to having insufficient time, an amateur bookkeeper, or failed efforts. By maintaining your books regularly, reviewing reports, and reconciling your accounts at the end of each month, you can avoid bookkeeping disasters. In addition, it is crucial to utilize the proper accounting software for your business, such as QuickBooks (ask a professional which version is right for you), as it is suitable for most small to medium-sized businesses.

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Ensuring A Smooth Kubernetes Migration: 3 Tips For Success

CloudZero

Many organizations are considering migrating to Kubernetes, and while it certainly has advantages, it’s not for everyone. In this article, we’ll explain why you might use Kubernetes, what you should ask yourself before embarking on a Kubernetes migration, and tips to keep in mind as you make the switch.

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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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Bookkeeping Advice for Small Businesses

Bookkeepers.com

Bookkeeping Advice for Small Businesses 2020 has been a rough year for economies all over the world. As the pandemic hastened the lockdown, small businesses were severely affected. A whopping 70.9% of small businesses reported having suffered negative effects due to the COVID-19 crisis. As small businesses work their way to get back on their … Bookkeeping Advice for Small Businesses Read More » The post Bookkeeping Advice for Small Businesses appeared first on Bookkeepers.com.

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Guide to Filling the E-Commerce Niche

Dext

The digital shift has massively increased the reach of businesses, opening up opportunities. Whereas some businesses might traditionally have sold in their village or in their town, they now may have global reach.

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How Artificial Intelligence (AI)  Can Help Prevent Duplicate Payments

Oversight

Did you ever pay an invoice twice? Did you ever find out later that you did? According to the Institute of Internal Auditors, duplicate payments alone can account for up to 0.5% of total invoice payments. While many organizations rely on their default ERP duplicate checking capabilities to catch errors, these systems often rely on exact matching logic to spot issues.

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Top 5 Takeaways from REVx 2021

AvidXchange

During REVx 2021, we talked to dozens of financial experts, CFOs and business leaders and learned countless lessons. However, five stand out. Insight 5: Paper checks still have a serious presence It’s helpful, once in a while, to get a reality check devoid of hype and hopes of what could be. And that happened when stats from a Goldman Sachs research report shared during our discussion with Denver-area experts: 60 percent of all business-to-business payments are still made by check.

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

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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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What Vendors Should You Send 1099-NEC & 1099-Misc Forms To? (2021)

Stephanie Peterson

Over the past few years, there have been several changes and updates regarding the reporting rules for 1099 forms. In 2020, the IRS released a new Form called 1099-NEC Non-Employee Compensation. Additionally, they changed the purpose of the 1099-MISC. 1099-NEC. Businesses will now file Form 1099-NEC for each person to whom they paid at least $600 during the year.

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What Is AWS EMR? Here's Everything You Need To Know

CloudZero

According to Statista , the mass volume of data created, stored, copied, and consumed in 2020 was over 64 zettabytes (ZB), or about 64 trillion gigabytes (GB). This is expected to rise to 181 ZB by the year 2025.

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Resource Rundown: Uncat

Bookkeeping Side Hustle

Review and Demo of Uncat accounting software Thrilled to bring you this demo of Uncat for accountants and bookkeepers. Check out this email I received about 30 minutes after we did the live demo. Talk about a testimonial! “I’ve been feeling so overwhelmed lately and always describe myself as chasing my tail (today I learned that I’ve actually been herding cats!).

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How the Accounting Industry Can Help Businesses Keep Up

Dext

E-commerce is on the rise – there’s no doubt about that – and we know the pandemic has played a part in accelerating the shift. We analysed over 100 million anonymised business transactions between 2019 and 2021 revealing how businesses spent their money during the pandemic.

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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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Three Actions You Should Consider To Combat Excessive Travel Spend

Oversight

While the world-wide pandemic halted all travel for quite some time, people are slowly starting to conduct business travel again.

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How to Create a 2022 Budget Faster and More Efficiently

AvidXchange

Finance professionals could be headed towards one of the most intriguing, educational and exciting experiences in the history of annual business planning and budgeting. The reasons are numerous: More people are working from home, financial payment processes are changing, corporate strategies are being revised, and resources are being reallocated. All these dynamics could have a direct impact on how your budget planning and budgeting process unfolds this year and how your company positions itself

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Information Bookkeepers Need to be Efficient and Effective

Stephanie Peterson

It is vital to provide your bookkeeper with all the necessary information and documents they need; so they can adequately record transactions. Typically, this isn't too difficult or time-consuming to do. First, a bookkeeper needs to know what kind of business entity you have and how many owners there are. Then you will need to provide copies of all bank and credit card statements from the months and/or years they request.

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What Is Cloud Monitoring? 13 Best Practices For Complete Visibility

CloudZero

Cloud computing offers several undeniable benefits to businesses. Some of the biggest ones are agility, cost savings , data recovery, and developing new apps and services to meet changing customer needs.

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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.