Sat.Oct 05, 2024 - Fri.Oct 11, 2024

article thumbnail

Achieving Continuous AP Improvement in iCompleat

Compleatable

Whether you’re a long time AP Automation user or you’ve recently implemented AP Automation software, one thing is for certain: Maintaining your AP Process will be crucial to the overall success of your business. Achieve continuous improvement by regularly reviewing system settings, monitoring transactions or reports, and analyzing your overall process.

AP 100
article thumbnail

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.

Auditing 338
professionals

Sign Up for our Newsletter

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

article thumbnail

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.

XERO 250
article thumbnail

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.

article thumbnail

Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

article thumbnail

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.

Budgeting 232
article thumbnail

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.

CPA 331

More Trending

article thumbnail

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.

article thumbnail

What Do You Think About 'Intuit'

Insightful Accountant

We've heard many of you express concerns over recent actions Intuit has taken. We want the opinions of you, our Accountant, Bookkeeper, Consultant, Enrolled Agent, ProAdvisor and Tax-preparer/Professional readers. Please take this short survey.

article thumbnail

The 2024 Best Firms for Women

Accounting Today

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

article thumbnail

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
article thumbnail

Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

article thumbnail

Intellectual capital definition

Accounting Tools

What is Intellectual Capital? Intellectual capital is the technical expertise and process knowledge contained within an organization. If intellectual capital gives an organization a significant competitive advantage , it is entirely possible that a large portion of the firm's valuation is derived from this expertise and knowledge. If a firm does not recognize the value of its intellectual capital, it may engage in adverse personnel management practices, triggering an outflow of valuable employee

article thumbnail

International Wire Transfer

Tipalti

Explore both online and offline reliable methods for making international wire transfers. These methods are ideal for businesses and individuals with consistent international payment needs.

75
article thumbnail

Top taxpayer disputes with the IRS

Accounting Today

Disagreements with the IRS, while business as usual for CPAs, can be terrifying to the taxpayer.

Tax 321
article thumbnail

Doubling Revenue to $2M within 12 Months of Acquisition w/Patrick Dichter’s

Jetpack Workflow

Podcast Summary In this episode of the Growing Your Firm Podcast, host David Cristello welcomes Patrick Dichter , the owner of an acquisition engine specializing in acquiring accounting firms. And owner of Appletree Business Services , a modern accounting and tax firm for small businesses. The conversation delves into Patrick’s successful strategies for acquiring firms, his approach to client mix, and how his model differs from conventional accounting practices.

article thumbnail

Building a Business Case for Finance Automation

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

article thumbnail

IRS Introduces Draft Form 7217: Implications for Partnership Distributions

Insightful Accountant

The Internal Revenue Service (IRS) has unveiled draft Form 7217, "Partner's Report of Property Distributed by a Partnership," set for implementation in the 2024 tax year.

Tax 59
article thumbnail

All the Highlights from Tipalti’s 2024 Illuminate Conference

Tipalti

This 2024 Illuminate, we wanted to delve even deeper into our product and provide more resources on how to maximize the Tipalti experience.

59
article thumbnail

ERC claim revisions, CAMT guidance and other IRS updates

Accounting Today

Proposals on the Corporate Alternative Minimum Tax and Alternative Fuel Vehicle Refueling Property Credit lead the wave of legislative and procedure changes out of the Internal Revenue Service last month.

Tax 321
article thumbnail

What Is Value-Based Pricing?

Billing Platform

We’re all familiar with the value-based pricing example – think Mercedes, Gucci, Christian Louboutin, Rolex, and Louis Vuitton. While typically associated with luxury items, that’s not always the case. For instance, Starbucks, Netflix, and Apple, as well as software-as-a-service (SaaS) companies like Adobe, Salesforce, Hubspot, and Slack rely on value-based pricing to attract customers within their niche markets and boost profitability.

Billing 56
article thumbnail

Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

article thumbnail

Unlock the CPA Exam for All Majors

Blake Oliver

In a recent episode of the podcast , we delved into the proposed modifications to the Uniform Accountancy Act by NASBA and the AICPA. One aspect that really concerns me is the continued requirement for an accounting concentration or equivalent for all three proposed pathways. I believe this is holding our profession back. There are countless ways to learn everything you need to know without attending an overpriced, traditional college or university.

CPA 52
article thumbnail

Azure Savings Plans: All You Need To Know

Economize

Microsoft Azure’s pricing structure is primarily based on a pay-as-you-go model where businesses are charged based on their resource consumption. However, with the growth of your business, your cloud cost also adds up. Azure offers multiple pricing strategies to deal with these rising cloud costs. One such solution is the Azure Savings Plans.

article thumbnail

AI: Solving old drudgery, creating new drudgery

Accounting Today

New technology has a habit of fixing old problems but creating new ones in their place, and AI is unlikely to be an exception.

317
317
article thumbnail

Procure-to-Pay Automation

Tipalti

Ready to streamline your procure-to-pay process with automation? Learn winning strategies and effective tactics to implement a successful P2P system, enhancing efficiency.

52
article thumbnail

Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

article thumbnail

QuickBooks License: What You Need to Know Before You Buy?

Ace Cloud Hosting

QuickBooks is an accounting software that has proven to be a perfect choice for multiple businesses, from small bookkeeping firms to large enterprises. Selecting the proper QuickBooks license makes a.

article thumbnail

Save 20 Hours a Week with Invoice Automation: Travel Industry Edition

Invoicera

Introduction Managing invoices for global travel companies can be a tough task, especially when it involves handling multiple destinations with varying rates and taxes. Every travel company willing to maintain operational efficiency and client satisfaction must streamline this process. Let’s admit it: Travel companies pride themselves on their wealth of local knowledge and on offering exclusive deals across locations.

article thumbnail

The 2024 Best Firms for Women: Freedom of choice

Accounting Today

The top workplaces in accounting for women know that their female talent need options

article thumbnail

QuickBooks teams with Kerry Washington's "Street You Grew Up On"

Insightful Accountant

YouTube Series will feature Mentor Moments spotlighting business women and and offering mentorship from Washington and QuickBooks.

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 Common Questions About Cloud Content Management Answered

LedgerDocs

As a bookkeeper or accountant, you face a mountain of paperwork daily, and managing it all can often feel like a full-time job. Fortunately, with some of the latest cloud-based document management solutions, you can simplify this process, saving yourself both time and sanity. The Problem: Why Document Management is a Pain for Bookkeepers Handling accounting and bookkeeping documents, receipts, invoices and financial reports can be overwhelming.

article thumbnail

From Accounting Intern to Fashion Mogul: The Story of Vuori's Founder Joe Kudla

Blake Oliver

The founder of Vuori , the activewear brand valued at $4 billion, started his career interning at EY, on track to become a CPA. On a recent episode of The Accounting Podcast , we delved into Joe Kudla's fascinating journey. While interning at EY, Joe received an unexpected invite to model in Europe for the summer—and he took it. That experience sparked his interest in fashion, but not so much in modeling itself.

article thumbnail

C-suite execs concerned about taxes post-election

Accounting Today

A new survey by PwC of top corporate executives uncovered worries about tax policy after the election.

Tax 306
article thumbnail

I heard it "on the radio, on the radio". did you?

Insightful Accountant

Is the software you rely on running on Oracle Cloud Infrastructure (OCI) and you don't even know it? It very well could be, and you might just find out by listening to 'Business Radio.

52
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.