Xero
DECEMBER 6, 2023
The past year has been a bumpy ride for many. Most owners have been focused on maintaining cash flow, as they deal with the combination of rising costs and a limited capacity to lift their prices as customers become increasingly scarce. As 2024 approaches, it’s a good time for small business owners to think about business planning for the next 12 months.
Accounting Department
DECEMBER 5, 2023
In the fast-paced world of business, understanding the reasons behind changes in financial data is crucial for making informed decisions. That's where variance analysis comes in. Also known as flux analysis, this powerful tool compares two sets of data, revealing the quantitative difference between them and shedding light on the underlying factors behind the change.
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Fidesic blog
DECEMBER 5, 2023
ACH payments are a safe way to pay vendor invoices and employee payroll. According to data from NACHA fewer than 0.03% of ACH transactions are returned as unauthorized. ACH remains the preferred payment method for accounts payable departments to pay their vendors. ACH payments grew to 26.8 billion transactions in 2020 (a 8.2% YOY increase) according to NACHA , the organization that oversees ACH activity.
Intuit
DECEMBER 7, 2023
Working with a mentor can be a powerful way to build your skills, advance your career, and develop a strong professional network. But what’s the best way to go about it? When you make a connection with a role model with time and insights to share, how do you get the most from the opportunity? In our last blog, we talked about why mentorship matters.
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
Accounting Today
DECEMBER 5, 2023
The Internal Revenue Service crime unit that played a leading role in the Binance Holdings Ltd. probe is seeing a surge in cases involving crypto-related tax evasion.
Xero
DECEMBER 6, 2023
As we wrap up the 2023 Xero New Zealand’s Roadshow , we want to reflect on the success of what was our largest Roadshow in the Asia-Pacific region. Starting in Dunedin this October, we travelled across Aotearoa New Zealand, making stops in Christchurch, Wellington, and Hamilton, before finishing in Auckland; amounting to 10 hours and 30 minutes travelled by each Roadshow member.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Intuit
DECEMBER 6, 2023
Alvin Clavon knows how to navigate the often-twisty roads of life. After college, Alvin secured a job on a TV production set with a cross-country move to a promising career in Hollywood. Alvin quickly learned his first professional lesson: always get an offer in writing. Once in L.A., the deal was off and Alvin found himself looking for work in a hard-to-navigate Hollywood scene. “If I had to describe my journey, it’s been one of searching.
Accounting Today
DECEMBER 4, 2023
The Internal Revenue Service needs to do a better job of keeping track of employees who are arrested by law enforcement and notifying their colleagues, according to a new report.
Accounting Department
DECEMBER 7, 2023
Last week, AccountingDepartment.com Co-Founder, Bill Gerber, and Business Development Representative, Shawn Marcum hit the road and attended the Genius Network Annual Event in Scottsdale, AZ.
Fidesic blog
DECEMBER 5, 2023
Digital payments saw a major increase in recent years as remote work becomes more common. Both ACH and wire transfers move funds from one bank account to another, but there are key differences. Let's start with defining each and then we will compare Wire Transfer vs ACH Transfer.
Speaker: Amanda Adams, Fractional CFO, CPA
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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.
Xero
DECEMBER 4, 2023
It’s no secret that businesses are always looking for ways to work smarter and faster. In fact, according to a recent survey of finance professionals commissioned by Avalara , 71% are investing in more tools and solutions to close overall efficiency gaps. When it comes to manual tasks, there are few that are more burdensome than sales tax. There are more than 13,000 jurisdictions across the US, so sifting through them all and making sure you’re selecting the right ones for your business can be a
Accounting Today
DECEMBER 4, 2023
Kande has been the firm's global advisory leader since 2019 and also currently serves as co-leader of the U.S. Consulting Solutions side, where he has been involved in the firm's artificial intelligence efforts.
FinOps in Practice
DECEMBER 7, 2023
In this article, we describe the block of the scheme, devoted to project initiation, or project initialization. Please, find the whole scheme, which describes key MLOps processes here. The main parts of the scheme are horizontal blocks, inside of which the procedural aspects of MLOps are described. Each of them is designed to solve specific tasks within the framework of ensuring the uninterrupted operation of the company’s ML services.
Fidesic blog
DECEMBER 5, 2023
Why Performance and Productivity Increase when you Modernize Office Décor Let's face it, offices have changed dramatically in the last few years. Since many leaders are already re-imagining their office setups, now is the perfect time to reboot and modernize office décor and design. In this post we will look at 5 data-prove n new office interior design ideas to modernize office and boost productivity.
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.
ProsperOps
DECEMBER 6, 2023
“Faces in FinOps” is hosted by Jon Myer and powered by ProsperOps. Welcome to Episode 14 of the Faces In FinOps Podcast, powered by ProsperOps, with your host, Jon Myer! In this engaging episode, we’re excited to have Steph Gooch, a Senior Optimization Solution Architect from the AWS OPTICS team, as our special guest. Steph brings a wealth of knowledge and experience in cloud financial management, sharing insights into cost optimization, and financial processes, and fostering a cost-aware
Accounting Today
DECEMBER 7, 2023
The Securities and Exchange Commission's chief accountant cautioned auditors and public companies about the statement of cash flows after spotting problems that could lead to a financial restatement.
Intuit
DECEMBER 6, 2023
I am incredibly honored to lead the Intuit Expert Network, which aims to be the employer of choice for tax and bookkeeping professionals. We connect millions of consumers and small businesses with the expertise they need to face their most important financial challenges with confidence as we fulfill Intuit’s mission to power prosperity around the world and make a difference in the communities we serve.
Fidesic blog
DECEMBER 4, 2023
Looking for the best accountants blog? We couldn't narrow it down to just one so we chose to list 14 great blogs for accountants and other thought leadership sources on accounting. The accounting blog topics vary slightly for each one. The first 9 blogs are general accounting blogs and news sources. The last 5 are geared toward accounts payable and payments industries, because that's what we are focused on.
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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.
Insightful Accountant
DECEMBER 5, 2023
For accountants and their business clients, the goal this time of year is to end the year well and set a good foundation for the next. But year-end work is rarely simple, often messy, and certainly adds to the holiday hustle and bustle.
Accounting Today
DECEMBER 4, 2023
The Internal Revenue Service's Criminal Investigation unit identified $37.1 billion in tax and financial crimes in fiscal year 2023, exceeding the previous year.
AvidXchange
DECEMBER 4, 2023
In our fast-paced world, consumers want instant gratification. This is becoming true in the payment space, as the adoption of digital payment platforms increases. McKinsey reports that 82% of Americans conducted a digital payment in 2022 – up from 78% in 2021. While person-to-person (P2P) payment tools like Venmo grow in popularity, businesses are beginning to expect that same convenience.
Fidesic blog
DECEMBER 6, 2023
Whether internal or external, financial audits can be an extremely stressful time. Accounts receivable auditing is among the most critical of financial audits. An internal AR audit will give deep insight into the business' incoming cash and can be a determining factor in planning the financial future of the company. External audits, such as a government agency audit, will comb through your financial records for fraud and finable mistakes.
Speaker: David Warren and Kevin O’Neill Stoll
Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng
Insightful Accountant
DECEMBER 4, 2023
What Does It Take To Be Recognized in the 2024 ProAdvisor Awards? It Takes You Participating! If you've been nominated you should have gotten an email taking you to the Formal Application. Don't ignore or loose that Email!
Accounting Today
DECEMBER 7, 2023
Municipal bond investors and government regulators could benefit from easier access to consistent, machine-readable financial data from government bond issuers.
Billing Platform
DECEMBER 3, 2023
By 2Q2023, consumer debt reached an eye-watering $16.84 trillion – an increase of 4.5% from the previous year. U.S. credit card debt and other types of revolving loans surpassed $1 trillion in August 2023 , with outstanding balances on bank cards climbing to 18.1% above where they were in 2022. With inflation sticking around, the amount of money owed is leaving households and companies struggling to make payments.
Invoicera
DECEMBER 2, 2023
The world is evolving quickly, with technology affecting almost every part of our life. Artificial intelligence (AI) is one of the 21st century’s most important technologies. According to Gartner, the market for AI software is anticipated to grow to around $135 billion by 2025. The anticipated CAGR for this growth is 14.4% in 2021 to […] The post Artificial Intelligence Business Ideas for 2024 & Beyond appeared first on PixelCrayons.
Speaker: Mark Stovel
When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.
Insightful Accountant
DECEMBER 5, 2023
The Accruer App uniquely solves QuickBooks accruals and automates prepaid expenses, deferred revenues and fixed assets directly in QuickBooks Online.
Accounting Today
DECEMBER 6, 2023
The World Health Organization said raising excise taxes on alcohol and sweetened beverages is the most effective way to reduce consumption while generating revenue.
MineralTree
DECEMBER 7, 2023
For accounts payable (AP) teams, vendor payments are the cornerstone of business relationships. Timely, accurate, and convenient payments are not just transactions — they’re the foundation of trust and partnership. In addition to meeting supplier expectations, choosing the right payment method can significantly improve the finance department’s efficiency and productivity.
RevCycle
DECEMBER 7, 2023
The holiday season is a time for giving and receiving. It’s also a time when many businesses experience an increase in delinquent payments. This can put a strain on your staff and increase your operating expenses. Reducing delinquent payments during the holiday season is crucial for businesses, as it can significantly impact cash flow and profitability.
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Setting the stage for successful organizational change always begins with clear, thoughtful communication. When it comes to rolling out a new travel and expense (T&E) policy, establishing a well-structured communication plan is key to ensuring that all employees understand the changes and their impact. By following a step-by-step approach, you can guide your organization through the transition, fostering smooth adoption from the outset and improving compliance.
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