July, 2017

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An Interview with JP Nicols on the Changing Role of the CFO

AvidXchange

JP Nicols is a leading voice for innovation, strategy, and leadership in the financial technology (FinTech) industry. He is also a top-rated keynote speaker and advisor to startups and Fortune 500 companies. JP has been named to multiple lists as a top influencer and thought leader, including: FinTech influencers you should be following in 2017 (#15), Top FinTech Influencers in the United States of America (#5), and FinServ 25: The Most Influential Voices in Banking.

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Accounts Receivable – A Resolution Process Necessity

Perficient - Accounts Receivable

Good day and welcome to my blog. Each and every company who has a customer base has a need for accounts receivable/collections personnel. For smaller companies, one person may wear many hats including the accounts receivable or collections department hat. For any business transaction that is not completed (paid) immediately, there is a follow-up process.

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Make Money Last with These 10 Awesome Travel Apps

1st Step Accounting

Traveling is a great way to see the world and share new experiences with the ones you love. If you follow this blog than you already know how to correctly write off your business travel expenses, if you haven’t read the post you can find it here. There is even a handy worksheet to help you manage those deductible expenses. However, saving money while traveling is even better than the getting the write off if you ask me!

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Morneau expects to be hit personally by closing tax loopholes

Acton Accounting & Bookkeeping

OTTAWA -- The federal government plans to close three loopholes that let high-income earners pay the lower corporate tax rate instead of personal income taxes -- a change that Finance Minister Bill Morneau says he expects will affect him. Scroll down or click here to vote in our poll of the day "I have not looked at my personal implications from these changes as we've gone through them, and I've done that on purpose because I want to make sure the system is fair and I don't want

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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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Be the Boss of Budgeting with These Best Practices

AvidXchange

Few things in the business world inspire as much concern as preparing annual budgets. Business unit managers often struggle with how the time-consuming process disrupts their daily workload and affects bonus calculations; executives worry about establishing differing figures across departments; and finance leaders grow tired of a process that often doesn’t lead to better spending decisions.

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Nonprofit Partners: Online Donation Forms – 7 Ways to Impress (and Retain) Donors

AvidXchange

AvidXchange, a leading fintech provider of accounts payable and payment automation for midsize companies, has many customers in the nonprofit space. As such, we form strategic partnerships with organizations that work with nonprofits like @Pay, an express payment technology company that makes it easy to pay, give, or buy on a mobile device. For our nonprofit partners and customers out there, here are some best practices from @Pay’s CEO, John Killoran, for creating online donation forms.

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#AvidCareers: Why Do You Like Working at AvidXchange?

AvidXchange

At AvidXchange, we pride ourselves on creating a work environment that facilitates personal growth and inspires innovation while serving more than 5500 clients throughout North America. What does AvidXchange do? We’re an industry leader in automating invoice and payment processes for mid-market organizations spanning multiple industries, including Real Estate, Non-Profit, Financial Services, Energy, and Construction.

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What Finance Tech Should You Budget for This Year?

AvidXchange

Technology that inspires industry change is often labeled disruptive. But don’t let the term scare you: It simply implies that innovation will replace and improve dated processes. Early adopters of disruptive technologies can gain a competitive advantage over rivals who fail to innovate as quickly. For CFOs and financial professionals equipped with a dependable sense of logic and figures, adopting new technology can prove to be both feasible and invaluable.

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Master Vendor File Cleanup: Best Practices for Year-End Closing

AvidXchange

Vendor information is in constant flux, because contact names, phone numbers, addresses, and terms change frequently. For AP professionals, vendor management can be one of the toughest challenges to grapple with in a manual, paper-based environment. By updating the master vendor file on an ongoing basis, however, you can avoid the problems that arise with incorrect entries and duplicated payments.

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