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With the announcement that the Federal Reserve cut interest rates by half a percentage point, inflation and interest rates are a primary news topic. If you own a small business, these economic fluctuations can have significant impacts. Understanding these cycles is vital to anticipate changes in the market and adjust business development strategies accordingly.
As a busy accountant or bookkeeper, we know you don’t always have time to go through each client’s books to proactively identify issues or opportunities. That’s why we’re thrilled to share that we’ve been testing a new client insights dashboard for advisors, which gives you a snapshot of the financial health of all Xero business edition clients, in one place.
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At Intuit, a way that we hold ourselves accountable to our mission to power prosperity around the world is to set measurable True North Goals to deliver for four key stakeholders. Our True North stakeholders are employees, customers, communities, and shareholders. We set ambitious True North goals to drive diversity, equity, and inclusion (DEI) initiatives for our employees and corporate responsibility (CR) initiatives for the communities we serve.
ADP announced the release of its new generative AI-based platform Lyric, touted as an all-in-one platform for payroll, service and other human capital management needs.
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Our team kicked off another year of EO events last week while attending EO Nerve. ADC Business Development Representative, Shawn Marcum, participated in the multi-day event in Atlanta, GA.
In this increasingly digital age, small businesses are becoming more and more vulnerable to the threat of cybercrime. In particular, there has been an increase in supply chain attacks targeting small businesses. Cybercriminals are constantly adapting their tactics and using AI to fuel their attacks. As technology advances, so does the risk to your sensitive data.
Smart business owners and executives know how crucial the right pricing is for their organization. Effective pricing defines the value of your products and services and shapes the company’s overall.
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In my previous blog I gazed back wistfully at the times when we gleefully committed everything to paper and offices were crammed with lever arch files containing the 6-year life story of a finance department. However, prior to working for a company (Compleat) promoting AP Automation for customers using Sage, QuickBooks, Xero, NetSuite or Sage Intacct I was also involved in other software promoting better use of the earth’s resources.
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Amid widespread adoption of traditional and generative forms of artificial intelligence, the looming question on the minds of many accountants is what diving deeper could mean.
Hospitals are facing a growing threat to their bottom lines, namely payer requests for information (RFI’s). A study by Kodiak Solutions shows that the denial rate from initial RFI’s has increased by nearly 9% since 2022. The increase is not due to a decrease in data quality either, with Colleen Hall of Kodiak Solutions stating: “Our analysis suggests that health insurers are using RFI denials to simply slow down claims that they ultimately will pay, just to reap the benefits of paying more slowl
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Blake and David meet with Natalie Lennon, the Australian accountant known as the "Queen of TikTok" in accounting circles. Natalie shares her experiences at Xerocon Nashville, discusses the differences between Australian and American accounting practices, and explains how she leveraged TikTok to grow her accounting business. She also outlines implementing a four-day workweek, embracing fixed-fee pricing, and her upcoming projects, including a TikTok course for accountants.
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Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
Are Duplicate and Erroneous Payments Costing Your Company? Here’s How Automation Can Help Don’t you hate it when you find out you overpaid for something or catch a wrong charge on your credit card statement? As irritating as that can be when it happens in your personal life, duplicate or erroneous payments can be even worse when they occur in the finance department of your company.
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In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.
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Amazon EC2 (Elastic Compute Cloud) instances offer flexible, scalable computing power for businesses of all sizes. However, this flexibility also introduces the challenge of controlling costs, especially when EC2 resources are not properly optimized. For organizations ranging from startups to large enterprises, fine-tuning EC2 instances is critical for balancing performance with cost-efficiency.
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Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.
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