Sat.May 20, 2023 - Fri.May 26, 2023

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Unleashing Cost Savings with AP Automation: A Comprehensive Guide

Ascend Software blog

Accounts Payable (AP) automation is revolutionizing the way businesses manage their invoice and payment processes. By replacing manual tasks with automated systems, AP automation can generate significant cost savings and efficiency improvements. But what do these savings look like in real terms? This blog post delves into the research and survey data to provide a comprehensive picture of the cost benefits of AP automation.

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Highlights from this year’s Xerocon Sydney agenda

Xero

In just a few months, we’re heading back to Sydney’s iconic Darling Harbour for Xerocon 2023! On 23 and 24 August, we’re bringing our partner community together from across the globe for two inspiring days. So what can you expect? As the world’s most beautiful and innovative conference for cloud accounting leaders, this is your opportunity to see world-class speakers and entertainers, hear thought-provoking updates from Xero’s leadership team, and take home practical learnings from the Xero show

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4 Essential Tools That Can Set A Business Up To Scale

Accounting Department

In today's fast-paced business environment, organizations must leverage the right tools and technologies to stay competitive and achieve sustained success. Efficient management of enterprise resources is critical for smooth operations and growth.

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Addressing Long-Term Care Staffing Issues | Where Automation Fits In

Fidesic blog

Long-term care facilities face a ton of challenges when it comes to staffing--high staff turnover and difficulty attracting qualified staff being the most problematic. These challenges have resulted in widespread long-term care staffing shortages. In this article, we will explore long-term care staffing issues from the perspective of nursing homes and discuss how back office automation can help ease some of these problems.

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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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Unveiling the Top Pains of Accounts Payable: Overcoming Challenges for Efficiency

Ascend Software blog

In the realm of financial operations, accounts payable holds a crucial role. However, it is not without its fair share of challenges. Managing invoices, payments, and vendor relationships can be a complex and labor-intensive process, prone to various pains that hinder efficiency and accuracy. In this blog, we will explore the top pains of accounts payable and discuss strategies to overcome them.

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Four ways small businesses can work smarter in Xero this EOFY

Xero

It’s often said that (almost) no one goes into business to do their own accounting. So it’s no surprise that many entrepreneurs lean heavily on a trusted advisor for support, particularly around busy times like EOFY when tax, compliance, payroll and other business obligations come into play. For those on the Xero platform, collaborating with your accountant or bookkeeper is simple via the cloud.

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3 Real-world Steps for Improving AP Efficiency

Fidesic blog

As back-office processes like accounts payable are evolving to become more of a value driver in a data-driven world, a sluggish accounts payable process is a serious handicap for any business. Whether you are just getting started in a new business or looking to enhance an aging process, this post will help you think about how to create a more efficient AP process.

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Everything You Should Know About Soccer & Business

Insightful Accountant

Xero's Ben Richmond shares some takeaways every accountant can glean from the FIFA Women’s World Cup 2023.

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App Partner Stories: Make the most of the small business summer rush by preparing ahead of time

Xero

With the busy summer season approaching in the northern hemisphere, many small businesses are gearing up for the busiest time of the year. And while the increase in customers provides a nice boost in revenue, the summer months also bring unique challenges. If your small business is one that experiences heavy traffic during the summer season, you’re likely preparing to meet the steep demand while also keeping your team motivated and focused.

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Payoneer Alternatives

Tipalti

Looking for digital payment alternatives to Payoneer and Payoneer Mastercard? Check out our top picks for reliable and secure payment solutions.

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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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Every Payment Is A Conversation #ExpensiCon

Cloud Accounting Podcast

We're back from ExpensiCon in Italy with thoughts on Expensify's future and the future of spend management; a report from Kristen Keats at Accounting Today's Firm Growth Forum conference; ChatGPT coming soon to a Wendy's drive-thru near you! Sponsors CCH Access - [link] SuiteFiles - [link] Client Hub - [link] Chapters (00:25) - Every Payment Is A Conversation (01:11) - Blake and David are back from Italy (05:01) - Let’s talk about ExpensiCon (10:09) - The original Expensify and ExpensiCon (12:36

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Custom Workflows Enhanced in QBO-Advanced

Insightful Accountant

Intuit has significantly enhanced the custom workflow feature within QuickBooks Online Advanced. Murph shows why the new workflows are easier and better than ever.

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Adams O’Rourke scoops Sole Practitioner of the Year at the 2023 Xero Awards UK & Ireland

Xero

With another epic Xero Awards evening behind us, it’s time for us to reflect on the success of our accounting and bookkeeping community. Judged by Xero leadership and a panel of guest judges from across the accounting industry, the 2023 Xero Awards programme for the UK & Ireland celebrated the rockstar accountants, bookkeepers and app partners across the region.

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Accounting Technologies: The 2023 Annual Guide

Future Firm

Here is my complete guide to emerging accounting technologies for 2023. In this guide, you’ll learn about the top accounting technology in the profession along with some tips and tricks on how to leverage them. So if you’re looking to leverage software to automate your accounting work, you’ll love this guide. Let’s go! Table of Contents Cloud Computing Artificial Intelligence & Machine Learning Optical Character Recognition Robotic Process Automation Blockchain Big Data The Metaverse Mobile

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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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Cash management strategies for small business survival

Plooto

Smart cash management strategies are required for businesses of all sizes to succeed. Small businesses are particularly vulnerable to running out of cash due to economic downturns, poor cash flow management , and inadequate long-term planning.

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FloQast Introduces Compliance Management Solution

Insightful Accountant

The solution integrates controls capture directly into financial close and other processes, reducing complexity, costs and compliance implementation and maintenance efforts.

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Vital Questions to Ask Your Claims Clearinghouse Vendors

SSI Healthcare Rev Cycle Solutions

May 24, 2023 9 Essential Questions Revenue Cycle Leaders Should Be Asking About Their Claims Clearinghouse Vendors Welcome to the world of healthcare revenue cycle management, where every aspect of your business is crucial to success. It’s not just about having any partner but having the right partner that can make all the difference. At times, settling for a vendor that is simply “good enough” might seem like the easiest option, but it can ultimately hold your organization ba

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How to setup financial controls at a startup

Nanonets

Startups face a multitude of challenges as they seek to transform their innovative ideas into profitable businesses. Among these challenges, setting up effective financial controls often gets overlooked in the whirlwind of activities. However, establishing robust financial controls is fundamental to the sustainability and growth of any startup. It ensures financial integrity, reduces risks, and aids in decision-making.

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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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Partnership Distributions and Guaranteed Payments: what’s the difference?

Reconciled Solutions

For small business owners operating as partnerships, understanding the intricacies of partnership distributions and guaranteed payments is crucial. The post Partnership Distributions and Guaranteed Payments: what’s the difference? appeared first on Reconciled Solutions.

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Financial Performance and Financial Reporting

Insightful Accountant

B2B CFO's Don King continues his multi-arc series on explaining why mastering these areas will help management monitor their financial performance and identify areas for improvement—among other things.

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9 Essential Questions Revenue Cycle Leaders Should Be Asking Their Claims and Clearinghouse Partner

SSI Healthcare Rev Cycle Solutions

May 24, 2023 9 Essential Questions Revenue Cycle Leaders Should Be Asking About Their Claims and Clearinghouse Partner Welcome to the world of healthcare revenue cycle management, where every aspect of your business is crucial to success. It’s not just about having any partner but having the right partner that can make all the difference. At times, settling for a vendor that is simply “good enough” might seem like the easiest option, but it can ultimately hold your organizatio

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Transform Data into Actionable Insights with Machine Learning Bookkeeping

LedgerDocs

In recent years machine learning has been improving the way that we approach bookkeeping. It allows businesses to extract actionable insights from their financial data easier and faster. ML-powered bookkeeping and document management systems have the ability to transform raw financial data into valuable reports that help drive more informed decision-making.

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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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Contents of a cash basis balance sheet

Accounting Tools

Related Courses The Balance Sheet The Interpretation of Financial Statements What are the Contents of a Cash Basis Balance Sheet? Under the cash basis of accounting , transactions are only recorded when there is a related change in cash. This means that there are no accounts receivable or accounts payable to record on the balance sheet , since they are not noticed until such time as they are paid by customers or paid by the company, respectively.

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AuditClub Unveils Quality Management Subscription

Insightful Accountant

AuditClub Compass helps guide accounting firms to successful compliance with new quality control standards.

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Late Paying Clients - It's not Personal

Enterprise Recovery

When you're growing a business, a late-paying client can be frustrating. You have to dedicate time and resources to figure out what happened and why. You have to pull yourself together enough to have a conversation about money - something that's not easy for many people. The most important thing to remember is that your business fulfilled its part of the deal, and now your client owes your business.

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The Components of Momentum with Jeff Jacobs

Jetpack Workflow

Podcast Summary Today we welcome back guest Jeff Jacobs where we talk through some interpersonal conversation that dives much deeper than the accounting business itself. Jeff and David cover momentum, self assessment, breaking chains, and much more. From Today’s Episode Wilkin’s Miller Should Accounting Firms Pause New Client Acquisition? Jeff Jacobs Jeff is a returning guest on our podcast where we previously covered client acquisition, retention, and expansion.

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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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Management assertions in auditing

Accounting Tools

Related Courses How to Audit Cash How to Audit Fixed Assets How to Audit Inventory How to Audit Receivables How to Conduct an Audit Engagement What are Management Assertions? Management assertions are claims made by members of management regarding certain aspects of a business. The concept is primarily used in regard to the audit of a company's financial statements , where the auditors rely upon a variety of assertions regarding the business.

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QuickBooks Connect Returning to Las Vegas in 2023

Insightful Accountant

Intuit has set November 13 thru 15 as the dates for the 2023 QuickBooks Connect event. The Aria Las Vegas will once again be 'conference central' for the event.

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Snowflake Review: Why CloudZero Went With Snowflake

CloudZero

Every day, CloudZero helps SaaS companies understand their cloud environments and take consistent steps forward on the journey to cloud cost maturity. We discuss this a lot on our blog.

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The 1 Word Solution That Eliminates Stress at Your Firm

Future Firm

In today’s episode, we’ll address employee turnover in firms and the solution of adding redundancy through cross-training and standard operating procedures to ensure smoother operations in your firm. If you want a simple one-word solution to get rid of stress at your firm, listen below. 0:49 – High employee turnover in the firm caused extreme stress, financial loss, and uncertainty in client work delivery, especially if a specialist quit. 1:32 – Adding redundancy through

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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.