Sat.Mar 04, 2023 - Fri.Mar 10, 2023

article thumbnail

Reshaping Xero to enable disciplined growth and focus

Xero

Below is the message shared with all Xero employees today Dear Xeros Over the past few weeks, as I have stepped into the CEO seat, we have had several conversations about Xero’s strengths and significant market opportunities. We have also talked candidly about our challenges following the rapid scaling of the company. As we look to the next phase of Xero’s growth, many of you have asked me what change is needed for us to simplify focus, strengthen our execution and balance growth with profitabi

XERO 306
article thumbnail

A Thank You to the Women of ADC! #IWD2023

Accounting Department

AccountingDepartment.com is proud of our amazing, hard-working, dedicated women who make up the bulk of our team and for this International Women’s Day, we would like to take a moment to thank all of these women that keep us moving forward on a day-to-day basis. Our female team members have made an incredible impact on our business over the years and we would not be where we are today without them!

233
233
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

12 tips for career development and advancement

Intuit

In the ever-changing job market, you can still be looking for career growth opportunities to help you get from where you are, to where you want to be. Those career goals might be seeking a raise or promotion, improving your skill set, switching careers, or expanding your professional network. Whatever your goal, here’s some career advice from four Intuit recruiters who recently shared how to set yourself up for successful career development.

130
130
article thumbnail

How to use worktags in Workday

Ascend Software blog

Workday Financial Management ERP is a powerful software tool that helps companies manage their finances, accounting, and other key business functions. One of the features that makes Workday particularly useful is its use of worktags, which are essentially tags or labels that can be assigned to transactions, accounts, and other financial data within the system.

article thumbnail

Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

article thumbnail

Five time-saving features exclusive to new invoicing

Xero

Did you know there are two versions of invoicing in Xero? There’s the original ‘classic’ invoicing experience and ‘new’ invoicing. New invoicing is the updated version with a refreshed design, new functionality and many of the features you know and love from classic. New invoicing has come a long way since its initial launch and we’re pleased to have introduced several improvements you won’t see in classic invoicing.

Invoicing 263
article thumbnail

Save Time with NetSuite's Invoice Automation

Accounting Department

As an entrepreneur or manager/owner of a busy small to medium-sized enterprise, it’s essential that you use tools to automate as many processes as feasible to keep things running smoothly. You can do less with more when you pick the right kind of technology and software solutions.

Invoicing 202

More Trending

article thumbnail

What Today's Accounting Professionals Want (and Need)

Insightful Accountant

'Wolters Kluwer Annual Accounting Survey' reveals the Top 5 challenges and 2023 goals for today's accounting professionals.

article thumbnail

International Women’s Day: Innovation and technology for all

Xero

Today, Wednesday 8 March, is International Women’s Day. I’m taking a moment today to reflect on Xero’s progress towards our diversity, inclusion and belonging goals, and to think about what we can do to continue to evolve them. This year, the UN Women International Women’s Day theme is ‘DigitALL: Innovation and technology for gender equality’. The theme seems particularly relevant to Xero this year, as a technology company working hard to enable equal opportunities for not only our women employe

XERO 240
article thumbnail

Client Accounting Services Serve Up Confidence for Business Owners

Accounting Department

It is no secret that accounting is rife with complex challenges characterized by number-intensive projects that require extensive educational specialization, experience, and diligence. In short, the average person is not cut out for the role of a professional accountant or bookkeeper. If you own or manage a business of any type, it is in your interest to rely on client accounting services and outsource your accounting and bookkeeping projects to the pros.

article thumbnail

Why Operational Cash Flow Is Vital for Business Growth

Plooto

In our previous blog, we covered the fundamentals of cash flow projections and how you can use those to create long-term strategies for your business. However, there are numerous types of cash flows that provide insight into the financial health of your business. Some of these include Investing cash flow, financing cash flow, free cash flow, and operating cash flow (OCF).

article thumbnail

Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

article thumbnail

Meet Top 100 ProAdvisor Leah Berger

Insightful Accountant

Our spotlight of the Insightful Accountant 2022 Top 100 ProAdvisors continues with a spotlight on Leah's Insights' Leah Berger. See what she says it takes to stay on top of your game.

article thumbnail

Celebrating accountants: meet the army reservist and opera singer

Xero

Our research found that recruitment is one of the main challenges facing accountants at the moment, so we’re shining a light on some amazing accountants to bust misconceptions around the industry. We speak with Alex Beattie, managing director of KRW Accountants and rifleman in the army reserves, and Hilary Dyson, founder of Bridge Financials and opera singer.

XERO 236
article thumbnail

6 Reasons to Outsource Accounting for Your Auto Repair Business

CSI Accounting & Payroll

When it comes to running your automotive repair shop, you’re the catch-all for certain daily activities. In this industry, that's the norm. However, there are only so many hours in a day, and your expertise is in your line of work - so why are you trying to do your own accounting when so much is at stake? Rather than sacrificing your time and still risking falling behind on accounting, think about outsourcing your accounting to professionals with experience in your industry.

article thumbnail

Bridging the Skills Gap for New Accounting Graduates

Cloud Accounting Podcast

Guest: Dr. Josh McGowan, CPA from Troy University; Blake calculates the cost of the 150-hour rule; Minnesota says AICPA & NASBA are not the regulators; Accounting department budgets at risk Sponsors Uncat - [link] LiveFlow - [link] First Republic Bank - [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] (00:00) - Preview: The struggle is finding students who want to be an accounting major (01:08) - Josh McGowan j

article thumbnail

Profit in the Details: Rethinking Spend for Monumental Impact

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

article thumbnail

QBO Monday Minute: Bank Feed Check Image Importing

Insightful Accountant

Liz Scott returns with her video take on how this new Quickbooks Online feature enables you to see the check images directly inside of the transaction.

article thumbnail

International Women’s Day: UK founders share their experiences and advice

Xero

This International Women’s Day, we want to celebrate the fantastic work being done by some of our women business owners. We spoke with Nadine Oei, founder of cosmetics brand Loella , and Anna Morrison, founder of Amazing Apprenticeships , who tell us more about their stories. What advice would you give to women looking to start a business? Nadine : The most important thing is getting your finances in order.

XERO 227
article thumbnail

Inspiring Quotes from Women Leaders in Business

Enterprise Recovery

Women look to other female leaders to feel empowered as they break through glass ceilings and face various obstacles along the way. It's important for them to clear a path for other women as well. Women leaders often face challenges such as more responsibilities within their homes and at their jobs, and when serving as entrepreneurs, unequal access to venture capital.

76
article thumbnail

B2B Cross Border Payments: The Future of International Transactions

MineralTree

Cross-border payments are an essential component of modern business operations, allowing companies to transact with vendors, partners, and employees in different countries. For companies looking to have a global presence, it is important to understand the challenges and trends involved in international transactions. In this article, we explore the common issues with B2B cross-border payments and the steps companies can take to improve their international AP process.

AP 74
article thumbnail

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.

article thumbnail

5 Biggest Business Trends You Should Know

Insightful Accountant

Reach Reporting’s Justin Hatch dishes on some trends today's accounting professionals should be on the lookout for.

article thumbnail

Bringing back Appy Hour to Asia

Xero

One of my favourite things since starting at Xero Asia is the discovery of the many cloud applications that empower the region’s SMEs by making them more efficient and productive. Now that Singapore has entered an endemic phase, I can’t wait to get out there and meet more of the Xero community. We’ve learnt in the past few years the importance of being agile and adaptable, and how adopting the right digital tools can be a game-changer.

XERO 209
article thumbnail

The AI Bookkeeping Revolution – Leveraging Artificial Intelligence for Streamlined Bookkeeping

LedgerDocs

AI is revolutionizing the way everything is done these days, and bookkeeping is no exception. The newest AI bookkeeping technology uses artificial intelligence (AI) algorithms to automate bookkeeping tasks such as data entry, invoice processing, and financial reporting. This technology is specifically designed to help bookkeepers and accountants, and business owners save time and money through the automation of manual processes, while also reducing the risk of errors to overall improve the accur

article thumbnail

Catching Up On AccounTech News

Cloud Accounting Podcast

Majority of CAS practices support 3+ general ledgers; KPMG may have turned a blind eye to deforestation; Intuit to replace QuickBooks Desktop POS with Shopify; Startup accelerators from Intuit and AICPA Sponsors Tri-Merit - [link] LiveFlow - [link] Patriot - [link] Need CPE? Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] (00:00) - Catching Up On AccounTech News (00:47) - Introduction and why we are doing this extra episode (01:42

article thumbnail

Unlock The Blueprint: How To Construct A Better Payment Workflow

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.

article thumbnail

Why It's Important to Define Who and What Your Company Is

Insightful Accountant

Go Beyond's Greg Sloan discusses why outlining your company's purpose is essential to attracting your ideal workforce.

104
104
article thumbnail

The advisory all rounder bridging the skills gap

Xero

Amidst an industry-wide skills shortage, Xero’s State of the industry report shows that over a third (38 percent) of practices today are struggling to hire experienced team members. Despite this, Dinesh Aggarwal – founder and Managing Director of Fortuna Advisory Group – has his sights set on growth. In fact, he’s determined to win the war on talent, all while creating an engaged and connected global team.

XERO 204
article thumbnail

Restaurant Bookkeeping: What You Need to Be Successful

SLC Bookkeeping

When many restaurant owners think about bookkeeping, it creates a feeling of dread. Between managing employees, food orders, clean-ups, customer complaints, banking, and everything else that goes along with the industry, a restaurateur often ends up overwhelmed. The last thing you want to do is keep up with bookkeeping but is a vital part of your success.

article thumbnail

Ep. 217: Female Small Business Owners Embrace Equity on International Women’s Day

IMA's Count Me

IMA is celebrating International Women's Day on March 8th to commemorate the cultural, political, and socioeconomic achievements of women. In this special Count Me In podcast Yvonne Barber, CFO, HR Knowledge Source, discusses how the pandemic affected female small business owners and how some used management accounting strategies to help them become more resilient.

article thumbnail

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!

article thumbnail

A Reflection: 10 Years Into the Game

Insightful Accountant

Ignition's Matt Kansas takes a look at the shift to 'Accounting 2.0'—and what the next 10 years may look like.

article thumbnail

Innovating for the future: how Faber LLP built Online Accountant, LLP for the digital age

Xero

Edmonton may not be the first city that comes to mind when thinking of leading tech hubs, but it is rapidly gaining recognition as an emerging hotspot for technical innovation, positioning itself to compete with the likes of Silicon Valley, Beijing, and Toronto. It’s no surprise, then, that a local firm like Faber LLP has embraced digital transformation in the accounting industry.

XERO 197
article thumbnail

Spring Cleaning Your Restaurant’s Profitability

CSI Accounting & Payroll

Ahh, spring. It’s a great feeling when you see outdoor dining spaces opening at local Twin Cities restaurants in the spring. Patios are getting swept, tables and chairs are receiving a power wash, and sun umbrellas are popping up along sidewalks. Preparation is also happening inside as management and staff enter spring cleaning mode. Don't let the momentum stop there!

Payroll 59
article thumbnail

How Bookkeeping Can Help You Prepare For a Recession

Less Accounting

How Bookkeeping Can Help You Prepare For a Recession The word “recession” sends a little bit of panic into anyone’s heart. What does that mean for the housing market? What about jobs? Food prices? It rarely conjures up anything positive. And when you own your own business, it can feel even more unsettling. How can your business prepare for a recession?

article thumbnail

Crafting Impact: Revenue Growth And Efficiency For Finance Professionals

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.