April, 2023

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A sneak peek into what’s next for reports in Xero

Xero

Our team hit the ground running in 2023, introducing a number of exciting features to new reports that we know you’ve been waiting for — including the addition of foreign currency to new reports. Here are some of the highlights and a sneak peek into what’s coming next. Don’t forget, the older versions of our reports will be retired on 31 July 2023. We urge you to start using new reports now , so you have plenty of time to get used to them before the older versions are retired.

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Why Not Use Dynamics GP for Another 10 Years or So?

Fidesic blog

You may have recently heard that Microsoft Dynamics GP and Business Central on-premise will no longer be sold to new customers after 2026. In this post we will discuss the situation with GP and what is possible. We are offering information, not advice. If you need advice on your Dynamics GP future, it's a good idea to check in with your GP consultant.

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Building Inclusion: Empowering confidence through religious accommodations

Intuit

Religion is often perceived as an off-limits topic for workplace discussion. At Intuit, we want to create an environment where our employees can feel comfortable talking about the things that are important to them, including what they believe. Our aim is to be respectful of people’s choices and support their practices. We have two faith-based employee resource groups (ERGs) that provide a community for their members while also offering valuable insight into the needs of our employees and how we

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5 Advantages of AP Automation with Workday Financial Management

Ascend Software blog

As businesses grow and expand, their financial processes become increasingly complex and time-consuming. To keep up with the demands of day-to-day operations, many organizations turn to Enterprise Resource Planning (ERP) systems like Workday Financial Management to manage their financial data.

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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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Capital Budgeting with NetSuite Explained

Accounting Department

Capital budgeting involves analyzing, evaluating, and prioritizing investment decisions for large-scale projects that typically require significant capital from a business. This could include new office or warehouse space, fixed assets, or real estate. Capital budgeting provides businesses with a way to determine the best use of capital to increase the overall value of a business - a strategy that is useful to businesses of all sizes.

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Introducing Dynamic Prepay Amortization Tracking: Automatic Accounting for AWS Savings Plans and Reserved Instance Prepayment

ProsperOps

Simple, Automatic Amortization Tracking for Prepaid AWS Reserved Instances and Savings Plans AWS Reserved Instances (RIs) and Savings Plans (SPs) have three payment models: No Upfront : where you pay a discounted hourly rate over the term of the commitment, Partial Upfront : where you pay a portion (generally half) of the total value of the commitment upfront and the remaining portion hourly over the term, and All Upfront: where you pay the full amount of the commitment at the time of purchase W

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21 Microsoft Dynamics GP Blogs Worth Checking Out

Fidesic blog

Are you a Microsoft Dynamics GP user, consultant or enthusiast? In this post we are sharing a whole bunch of Microsoft Dynamics GP blogs. These are not ranked or in any particular order. We will include descriptions and links to all.

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Intuit AI drives taxpayers through TurboTax “Express Lane” experience

Intuit

“Our vision is taxes done for everyone: any way, any time, any tax situation, any device.” Varun Krishna, Executive VP and GM Intuit Consumer Group This year’s tax season is a timely case in point. Intuit is experimenting with a new AI-driven express lane experience for filers of simple tax returns that’s enabling a select group of customers to complete their taxes in as little as 10 minutes with its TurboTax mobile app.

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The Benefits of Best of Breed Accounts Payable

Ascend Software blog

Accounts payable is a crucial function in any business that involves the management of all outstanding invoices, payments, and expenses. Many companies opt for a single supplier solution (Best of Suite) by bundling accounts payable, content management systems, ERP, etc. - but this may not always be the best approach.

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Cash Flow, The Lifeblood of a Business

Accounting Department

Cash flow is the lifeblood of any business, and managing it properly is crucial for success. While many businesses focus on generating revenue, it's equally important to maintain positive cash flow to ensure that operations can continue smoothly. In this article, we'll discuss some cash flow best practices that businesses should consider implementing to be more successful.

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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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Getting Started with Cloud FinOps: Top 3 Cloud Cost Optimization Strategies

ProsperOps

optimizations, it’s often more cost-effective—and easier—to implement financial optimizations first. During a recent webinar with the CFO Leadership Council , Matt Shover, VP of Operations & Customer Experience at ProsperOps, explained different strategies companies can use to reduce cloud costs and the best way to prioritize them for maximum “bang for your buck.

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How this plasterer laid the foundations for a booming construction business

Xero

Since he was young, Johnno Green has had a penchant for construction. So one day when a guest speaker at his high school came looking for apprentice plasterers, he knew he’d found his break. Johnno cut his teeth working on residential builds before the Global Financial Crisis hit the housing market (and his employers), forcing a pivot into the commercial sector.

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Microsoft Dynamics GP End Of Life? Not Anytime Soon- Modern Lifecycle & End of Updates

Fidesic blog

(UPDATE) Microsoft has announced new customer sales of Microsoft Dynamics GP will end April 2026. So far nothing changes for existing Dynamics GP users, but beginning three years from now, there will be no new Dynamics GP sales for subscription licensing. New perpetual licensing sales end earlier, in 2025. Again, no change for existing customers. They can continue to purchase new licenses and modules beyond 2026.

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Intuit’s Focus on Financial Literacy in 2023

Intuit

It’s April once again, and Intuit is celebrating Financial Literacy Month with a focus on helping students, individuals and small businesses develop financial habits and improve their financial literacy. Named by The World Economic Forum as one of the most critical, durable skills every student needs to succeed, financial literacy helps to prepare people for the jobs of the future, so they can live more successful and prosperous lives.

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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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AI in Accounts Payable: Revolutionizing Invoice Processing

Ascend Software blog

The world of accounts payable (AP) is undergoing a significant transformation, with artificial intelligence (AI) and machine learning (ML) technologies playing a crucial role in this evolution. Cutting-edge technologies are reshaping accounts payable automation. We will discuss intelligent invoice processing, AP workflow automation, and AI-driven AP solutions.

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Reducing the Woes of Supply Chain Management with NetSuite

Accounting Department

Supply chain management deals with areas of procurement, operations, logistics, marketing channels, and more so that businesses can simply operate and deliver within their industry. For companies of all sizes, an enterprise resource planning (ERP) system like NetSuite will help with efficiently managing supply chain activities that turn raw materials into finished products for its customers.

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Getting Started with Cloud FinOps: Top 3 Cloud Cost Optimization Strategies

ProsperOps

Your cloud costs are too high. Given a myriad of methods and tools for optimizing cloud costs, where do you start and where can you save the most? While many organizations prioritize engineering optimizations, it’s often more cost-effective—and easier—to implement financial optimizations first. During a recent webinar with the CFO Leadership Council , Matt Shover, VP of Operations & Customer Experience at ProsperOps, explained different strategies companies can use to reduce cloud costs and

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How apps can make it simple to take climate action in your business

Xero

More and more businesses are focusing on sustainability, and for good reason. Not only do many small business owners personally feel it’s important to play a role in protecting the environment, doing so is proven to have a positive impact on their bottom line. We understand that taking the first steps toward sustainability in your business can feel overwhelming.

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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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Directions NA 2023 Recap

Fidesic blog

Directions North America is a conference for Microsoft Partners by Microsoft Partners. In preperation of this major event in the Dynamics Community, Fidesic hosted a series of Live Streams on LinkedIn. Let's recap.

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Everyone deserves an advocate during tax season

Intuit

Tax season can be a stressful time of year. With Tax Day rapidly approaching on April 18, millions of Americans are working to get their taxes done quickly, easily, and accurately to maximize their refunds and get some peace of mind. Everyone deserves an advocate that helps keep them and their financial interests front and center during tax season. Today, Intuit proudly serves over 100 million customers worldwide through our products.

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E-Document Compliance for Accounts Payable

Ascend Software blog

Accounts payable (AP) e-document compliance is a topic that has been gaining traction in recent years. As businesses continue to move towards digitalization and automation, ensuring compliance with e-document regulations is becoming increasingly important. In this article, we will explore the latest news and developments in AP e-document compliance with focus on France and Spain.

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Opportunity Cost Defined

Accounting Department

Opportunity cost is a concept in business that refers to the value of the best alternative forgone in order to pursue a certain action or decision. It is a crucial element to consider when evaluating the benefits and drawbacks of various options, particularly in business.

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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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Swift Payment

Tipalti

Navigate SWIFT payments confidently with our step-by-step guide. Get ready to make fast, secure, and accurate cross-border payments using the SWIFT payment system.

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Latest product news — April 2023

Xero

Reports: We’ve introduced a new Journal report that has the features you love from the older version, with additional functionality including convenience dates, customised columns, filters and more. Reports: A new version of the General Ledger Summary report is now available. You can drill down into the General Ledger Detail report , choose which accounts to show, customise columns and more.

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20 Microsoft Dynamics GP Blogs Worth Checking Out

Fidesic blog

Are you a Microsoft Dynamics GP user, consultant or enthusiast? In this post we are sharing a whole bunch of Microsoft Dynamics GP blogs. These are not ranked or in any particular order. We will include descriptions and links to all.

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Intuit Again: a pathway back to the workforce

Intuit

When Sebanti Sanyal’s toddler was struggling with severe allergies and respiratory issues, she decided to step back from her career to care for her young daughter full time. Then, when the pandemic hit, she took an additional two years away before returning to her engineering career through our Intuit Again returnship program in September 2022. Intuit Again provides a supportive pathway back into the workforce after taking a career break for caregiving purposes, including the opportunity for ret

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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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Transform Healthcare Accounts Payable with AP Automation Solutions

Ascend Software blog

Struggling with time-consuming and inefficient accounts payable processes in your healthcare organization? Dive into this comprehensive blog post to learn how healthcare AP automation can help streamline invoice processing, reduce costs, and enhance patient care, offering valuable solutions to your AP challenges. Choosing the right solution can provide performance similar to that of OU Health.

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Keep Vendors Happily Paid with Tipalti

Accounting Department

Growth comes for businesses sometimes when least expected and it could easily catch them off guard and unprepared when the company still has manual processes in place.

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Cloud Atlas, Episode 1: The Cloud Gathers

CloudZero

Just about everything you interact with digitally is enabled by the cloud. Whether you’re doom-scrolling on Instagram, binge-watching on Netflix, ride-hailing on Uber, or downloading super-cool cloud podcasts (hint, hint) on Spotify, you’re using the cloud.

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Why we’re making changes to Xero search

Xero

Over the next couple of weeks, we’ll be rolling out some changes to the search function in Xero. The functionality will stay the same, but you’ll notice it looks a little different. Like many of the changes we’ve rolled out across our platform lately, this is part of our commitment to ‘ Building on Beautiful ’ — which is about continuously making changes in Xero so we can stay ahead of the latest technologies, standards and ways of working in your business or practice.

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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.