October, 2024

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Unlocking Profit Potential Through Strategic Financial Forecasting

Accounting Department

In the current competitive environment, small and medium-sized businesses (SMBs) must leverage every possible advantage to succeed and expand. Forecasting is a powerful tool that can greatly influence a company's financial success.

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Internal auditors less confident on AI versus other threats

Accounting Today

A survey of internal audit and IT leaders found that while they identity AI as a growing technology risk, they have the least confidence in their ability to evaluate and handle its risks versus other technologies.

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professionals

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How to Apply to the Entry-Level Tax Specialist Role at TurboTax Live

Intuit

At Intuit Academy , we offer a free pathway for people interested in a career as a financial services professional to learn about federal tax returns and become eligible to apply to an entry-level Tax Specialist role. This pathway requires no prior professional experience in tax preparation. The only requirement to apply without having prior experience is to complete our Tax Level 1 and Tax Preparation programs, both of which are completely free and self-paced on Intuit Academy.

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What’s new in Xero – October 2024

Xero

This month’s Xero product updates include exciting new features and enhancements to streamline your workflows and boost productivity. From rolling out new tools for our accountants and bookkeepers, to improvements to the Xero Accounting app, and tools for managing inventory, Xero’s October updates offer valuable enhancements for both small businesses and advisors alike.

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Navigating Bleisure Travel: A Guide for Mid-Sized Companies

Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.

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Summit NA 2024 Highlight Reel Video

Fidesic blog

We had a blast at Dynamics Communities Summit NA 2024! The conference was great, the people were awesome and we loved exploring the City of San Antonio.

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Cost-Aware Product Decisions

FinOps Foundation

Key Insight: FinOps is continuing to shift from managing cost as an operational afterthought to a key consideration in the product design process. Data-driven business conversations about what to build, which features to include, and where to build it are now happening before engineers are handed requirements to start developing. FinOps teams can estimate, monitor, and optimize the unit cost of a product or service from inception to help drive cost-aware product decisions before architecture beg

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More Trending

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KPMG supports alternative CPA pathways

Accounting Today

To help build the accounting pipeline, the Big Four firm is publicly supporting other ways to earn a license.

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Partnering to power prosperity: Intuit and the accounting community

Intuit

For decades, Intuit and accounting professionals have partnered to grow their firms, scale staffing, and drive the success of our shared customers. This collaboration has expanded business opportunities for the accounting community. Last year, alone, over half a million accounting professionals grew their practices with us through our ProAdvisor programs, and 1,500+ earned nearly $60M in additional income as live experts on our platform.

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How Mutual Muse took circular fashion from trend to timeless

Xero

When you think of ‘circular fashion’ you might think of donating your old clothes and items to local charity shops, or online marketplaces. But what about consignment stores that pay you for your most-loved items and offer credit notes that allow you to refresh your wardrobe at the same time? That’s exactly what Kirsta Hawkins, owner of sustainable consignment store Mutual Muse, wanted to bring Australian shoppers when she opened her first store in 2014.

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Summit NA 2024 Highlight Reel Video

Fidesic blog

We had a blast at Dynamics Communities Summit NA 2024! The conference was great, the people were awesome and we loved exploring the City of San Antonio.

AP 130
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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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Maximize Savings: Purchasing & AP Automation with Compleat & Amazon Business

Compleatable

Watch Maximize Savings: Purchasing & AP automation with Compleat & Amazon Business Fill in the form to access the video recording of our Compleat for Non-Profits webinar looking specifically at our integration with Amazon Business amongst other suppliers. Name Work Email Address Job Title Watch the video Maximize Savings: Purchasing and AP automation with Compleat & Amazon Business The post Maximize Savings: Purchasing & AP Automation with Compleat & Amazon Business first app

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When Venture Capital Flies High, Accounting Services Crash Hard

Accounting Department

In the fast-paced world of small and medium-sized businesses (SMBs) and startups, reliable accounting services are crucial. Recently, a new trend has emerged—accounting firms operated with the help of venture capital funding. On the surface, these services may appear attractive due to their low costs and initial benefits. However, SMB owners, entrepreneurs, and finance professionals need to tread carefully.

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CPAs race to prepare clients for end of universal wallet accounting

Accounting Today

Starting in January, cryptocurrency will need to be reported to the IRS on an account-by-account basis versus the "universal wallet" approach most had been using.

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Announcing our investment in Wildfire

Intuit

Today, we are announcing Intuit Ventures’ investment in Wildfire , a financial technology platform that powers loyalty and reward programs, shopping companions, and content monetization. We’re excited to co-lead the company’s Series B round with Mucker Capital alongside Samsung Next, TTV Capital, QED Investors, B Capital, and others. Consumers are facing high prices and inflation: 75% of consumers are interested in earning cash back rewards to offset their higher cost of living.

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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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The Scope of FinOps Extends Beyond Public Cloud

FinOps Foundation

Key Insight: To effectively manage the variable nature and distributed procurement model of cloud, FinOps Practitioners have built capabilities to maximize the value of their organization’s technology investments. This has resulted in businesses asking FinOps teams to manage technology spending that extends beyond the scope of public cloud. Most Practitioners today are incorporating SaaS and Data Center costs into their practices.

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Fidesic to Relaunch Fidesic Free at Summit NA

Fidesic blog

Fidesic’s Free AP automation app is being repositioned to make it more convenient for accounting pros to get lightweight AP processing tool and test Fidesic.

AP 130
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Maximise Efficiency with Amazon Business and Compleat Education 17/10 11:00AM

Compleatable

On Thursday the 17th of October the esteemed Amazon Business are hosting us as part of their special Back to School webinar series! We’ll be showing Amazon Business customers how we can help streamline purchasing and accounts payable for their school. Learn how the Amazon Business integration, combined with Compleat Education , extends your existing finance system to give your team more control, save time, and allow you to focus on what really matters—your students.

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5 Key Performance Indicator Examples for SaaS Success

Accounting Department

Unlock the secrets to Software as a Service (SaaS) success by mastering these essential KPIs, which serve as the foundation for understanding and optimizing your business performance. By focusing on these key performance indicators, you can gain valuable insights into customer behavior, financial health, and operational efficiency, ultimately driving growth and ensuring long-term sustainability in the competitive SaaS landscape.

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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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The 2024 Best Firms for Women

Accounting Today

Our annual ranking of the most female-friendly workplaces in accounting.

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Emilio Vasquez, From Unhoused to CEO Entrepreneur – A Story of Resilience

Intuit

From unhoused to a life of giving back Small businesses play a vital role in uplifting our communities. In fact, small businesses account for 44% of U.S. economic activity and create two-thirds of new jobs created. When it comes to making an impact and giving back, no one exemplifies that more than Emilio Daniel Vasquez, the mastermind barista behind Coffee Cart Boys.

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2025 Industry Trends for Community Managers

AvidXchange

For community association management (CAM) companies, staying updated on industry trends is important for maintaining efficient operations, meeting evolving resident needs, and adopting new technologies. In August 2024, AvidXchange surveyed 500 accounting and finance leaders to learn their top priorities and concerns for 2025. Our “ 2025 Finance Focus ” guide shares details on the top seven trends that emerged from their responses.

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Fidesic to Relaunch Fidesic Free at Summit NA

Fidesic blog

Fidesic’s Free AP automation app is being repositioned to make it more convenient for accounting pros to get lightweight AP processing tool and test Fidesic.

AP 130
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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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Top Remote Accounting Candidates for Hire | October 24, 2024

accountingfly

Top Remote Candidates This Week Are you in need of remote accountants? Accountingfly can assist you! Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced remote accounting candidates without any upfront costs. Here are some of our top remote accounting candidates for this week. Sign up now to receive the full list of available top accounting candidates on a weekly basis!

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Avoid These Common Budgeting Mistakes for Your Business Going into 2025

Accounting Department

Budgeting is crucial for any business that wants to succeed in the long term. As a business owner of a small to medium-sized business, you may have experienced the challenges of creating and implementing a budget.

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PTIN renewal season kicks off

Accounting Today

The IRS is reminding tax pros to register for or renew their professional ID number by Dec. 31.

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Amber Bond, the Dreamer and Doer behind Love is Bond

Intuit

Read the inspiring stories of entrepreneurs that participated in the Intuit IDEAS program and are making a difference in their communities. Turning an obsession with clothing and shoes into helping stars feel their best Amber Bond is among the visionaries, dreamers, and entrepreneurs who participated in the Intuit IDEAS program. Through her work she is making a difference, building a legacy, and achieving her dreams.

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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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Fine-Tuning Vision Language Models (VLMs) for Data Extraction

Nanonets

💡 Note that this is the 3rd and final article in the series of VLMs for data extraction. You can find - the one about surveying VLMs here , and - evaluating VLMs on your own dataset here Introduction If you’re beginning your journey into the world of Vision Language Models (VLMs), you’re entering an exciting and rapidly evolving field that bridges the gap between visual and textual data.

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Business Central Accounts Payable: Go Beyond the Basics

Fidesic blog

In this post, we will talk about Business Central accounts payable features and when you might want to go beyond the out of box functionality when it comes to accounts payable. We’ll do this by sharing some of the shortcomings of built in D365 AP tools when it comes to invoice processing and payments.

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Oct 17, Learning QuickBooks® | Avoiding Common Data Entry Mistakes

Bookkeeping Essentials

For the work from home business owner who does their own bookkeeping, learning QuickBooks® tips to avoid beginner mistakes makes your life a whole lot easier!

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Starting on the Right Foot: Utilizing CFO Support Services in 2025

Accounting Department

Imagine having access to top-tier financial expertise without the full-time cost. That's precisely what CFO Support Services offers. In today's fast-evolving business landscape, financial acumen is not just a luxury but a necessity for growth and sustainability. Entrepreneurs and small-to-medium business (SMB) owners often juggle multiple roles, and strategic financial management is frequently overlooked.

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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.