Sat.Apr 01, 2023 - Fri.Apr 07, 2023

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What ChatGPT and the acceleration of AI means for small business

Xero

If you ever worked with Office 97, you’ll remember Microsoft’s iconic assistant Clippy. The animated AI-based paperclip would pop up in your document and offer to help you format whatever you were working on. Clippy would analyse and structure words in your document and help you format it according to what you were working on. For example, if anything vaguely resembled a resume, you would be prompted with: “It looks like you’re writing a resume!

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Intuit’s Focus on Financial Literacy in 2023

Intuit

It’s April once again, and Intuit is celebrating Financial Literacy Month with a focus on helping students, individuals and small businesses develop financial habits and improve their financial literacy. Named by The World Economic Forum as one of the most critical, durable skills every student needs to succeed, financial literacy helps to prepare people for the jobs of the future, so they can live more successful and prosperous lives.

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The Benefits of Best of Breed Accounts Payable

Ascend Software blog

Accounts payable is a crucial function in any business that involves the management of all outstanding invoices, payments, and expenses. Many companies opt for a single supplier solution (Best of Suite) by bundling accounts payable, content management systems, ERP, etc. - but this may not always be the best approach.

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Microsoft Dynamics GP End Of Life? Not Anytime Soon- Modern Lifecycle & End of Updates

Fidesic blog

(UPDATE) Microsoft has announced new customer sales of Microsoft Dynamics GP will end April 2026. So far nothing changes for existing Dynamics GP users, but beginning three years from now, there will be no new Dynamics GP sales for subscription licensing. New perpetual licensing sales end earlier, in 2025. Again, no change for existing customers. They can continue to purchase new licenses and modules beyond 2026.

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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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Latest product news — April 2023

Xero

Reports: We’ve introduced a new Journal report that has the features you love from the older version, with additional functionality including convenience dates, customised columns, filters and more. Reports: A new version of the General Ledger Summary report is now available. You can drill down into the General Ledger Detail report , choose which accounts to show, customise columns and more.

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Everyone deserves an advocate during tax season

Intuit

Tax season can be a stressful time of year. With Tax Day rapidly approaching on April 18, millions of Americans are working to get their taxes done quickly, easily, and accurately to maximize their refunds and get some peace of mind. Everyone deserves an advocate that helps keep them and their financial interests front and center during tax season. Today, Intuit proudly serves over 100 million customers worldwide through our products.

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Cash Flow, The Lifeblood of a Business

Accounting Department

Cash flow is the lifeblood of any business, and managing it properly is crucial for success. While many businesses focus on generating revenue, it's equally important to maintain positive cash flow to ensure that operations can continue smoothly. In this article, we'll discuss some cash flow best practices that businesses should consider implementing to be more successful.

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Celebrating accountants: an axe thrower, heavy metal DJ and hotel manager

Xero

Our recent research found that accountants are facing a number of serious challenges, so we want to put a spotlight on their brilliant work, and their lives beyond the industry. Here, we continue to celebrate accountants, speaking with Callum Tingle, axe thrower and director at Fresh Business Solutions , Zahra Kassamali, hotel manager and accountant at Jaffer & Co , and Neil Criddle, founder of NDC and heavy metal DJ.

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Introducing Advanced Cyclical Optimization: Automatically Increase Compute Savings on Cyclical Cloud Workloads

ProsperOps

A few weeks ago I published an educational blog on how to maximize Reserved Instance and Savings Plan savings when workload patterns are cyclical. Today, I’m excited to announce the ProsperOps platform has added Advanced Cyclical Optimization Support, which fully implements the concepts described in that blog post. Autonomous, Optimized Coverage for Cyclical Workloads Prior to today, ProsperOps had limited support for cyclical workload patterns, and our ability to cover “above the cycle trough”

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Finding community and collaboration at Intuit

Intuit

As a child of Ethiopian immigrants, I grew up in a very community-oriented culture that stressed collaboration and togetherness. I wanted that same sense of community in my career which is why during my senior year of college I was instantly drawn to Intuit’s Rotational Product Management (RPM) Program. I loved that it’s exploratory and also has a focus on growing a community for early career product managers to build their foundational skills.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

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.

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Reducing the Woes of Supply Chain Management with NetSuite

Accounting Department

Supply chain management deals with areas of procurement, operations, logistics, marketing channels, and more so that businesses can simply operate and deliver within their industry. For companies of all sizes, an enterprise resource planning (ERP) system like NetSuite will help with efficiently managing supply chain activities that turn raw materials into finished products for its customers.

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How to debug and profile ML model training

FinOps in Practice

Machine learning (ML) models are an integral part of many modern applications, ranging from image recognition to natural language processing. However, developing and training ML models can be a complex and time-consuming process, and debugging and profiling these models is often a challenge. In this article, we will explore some tips and best practices for debugging and profiling ML model training.

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DevOpsDays Denver

ProsperOps

DevOpsDays Denver April 24-25, 2023 Mile High Station and Iron Works Join ProsperOps at DevOpsDays Denver on April 24-25! We're excited to connect with you in Colorado at DevOpsDays Denver! Stop by our table to meet our team, collect some swag and learn more about our automated cost optimization platform for AWS. RSVP to let us know you're attending!

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Swift Payment

Tipalti

Navigate SWIFT payments confidently with our step-by-step guide. Get ready to make fast, secure, and accurate cross-border payments using the SWIFT payment system.

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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.

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Intuit UK Gender Pay Gap Report

Intuit

Intuit_UK_Gender_Pay_Gap_Report-3 Download The post Intuit UK Gender Pay Gap Report appeared first on Intuit Blog.

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Why Should You Sell AP Automation as an ERP / Accounting Software Provider?

Compleatable

As businesses continue to look for ways to streamline their financial processes, the demand for accounts payable automation solutions is on the rise. This presents an opportunity for ERP / Accounting software providers to expand their product offerings and provide a valuable service to their customers. Increased Market Demand The demand for accounts payable automation is growing as businesses seek to reduce the time and effort required for manual tasks.

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Cloud Atlas, Episode 1: The Cloud Gathers

CloudZero

Just about everything you interact with digitally is enabled by the cloud. Whether you’re doom-scrolling on Instagram, binge-watching on Netflix, ride-hailing on Uber, or downloading super-cool cloud podcasts (hint, hint) on Spotify, you’re using the cloud.

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New Shopify POS for QuickBooks Desktop

Insightful Accountant

Shopify now is Intuit's Preferred Solution for a POS solution that integrates with QuickBooks Desktop. Learn more about the solution and the special bonus bundle available to migrating QB-POS customers.

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Back to Basics with Reconciliations

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.

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Surviving the Silicon Valley Bank-pocalypse: Mastering Multi-Bank Management for Startups

Nanonets

Cash management, or effective treasury management, can often be the deciding factor for the success or failure of tech startups. To achieve success, it is crucial to manage cash flow, particularly the "burn rate," which refers to the rate at which money is spent before reaching profitability. To operate safely and efficiently in every stage of growth, companies need the right mix of liquidity options and a range of treasury management products and services.

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Best ways to keep track of business expenses easily

Plooto

More money doesn't have to mean more problems , if you track business expenses accurately. Keeping track of your spending can help you make smarter decisions, stay on top of cash flow , and maximize profits – a big win for all small business owners. However, many people struggle to properly manage business expenses due to a lack of knowledge, time or resources.

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How Your Bookkeeping Process Can Evolve

LedgerDocs

Since bookkeeping is critical to running a successful business, the process must continually improve over time as the business grows. By evolving your bookkeeping process, you can be more confident that your financial records are accurate and up-to-date. When you upgrade your system, it will help you make informed decisions about your business and increase your chances of success!

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Dread Doing Your Taxes?

Insightful Accountant

The Dancing Accountant, Nancy McClelland, gives you the lowdown on the IRS account transcript, a tool you can download for free to check your finances. Jump over to our sister site, Tax Practice News, to learn more.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

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

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The 10 best AI Email Assistants & AI Email Writers in 2023

Nanonets

AI for Email Writing Email communication has become an integral part of our daily lives, especially in the workplace. It is a fast, convenient, and efficient way to communicate with clients, colleagues, and stakeholders. However, crafting a well-written email that conveys the right message and tone can be a challenging task, especially for people with limited writing skills or experience.

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3 Veteran pro tips for success at Directions NA 2023 - Linda Rose

Fidesic blog

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Just-in-time (JIT) inventory definition

Accounting Tools

Related Courses Inventory Management Operations Management What is Just-in-Time Inventory? Just-in-time inventory is the reduced amount of inventory owned by a business after it installs a just-in-time manufacturing system. The intent of a JIT system is to ensure that the components and sub-assemblies used to create finished goods are delivered to the production area exactly on time.

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Pending Transactions in QB Desktop

Insightful Accountant

It is easy to forget things, especially if we don't use them very often. And if we forget them, then we probably forget to teach them to our clients as well.

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Solve Your Firm's Automation Complexities Once and For All

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.

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Cracking the Alignment Problem in AI: Exploring ChatGPT's Responses to Controversial Prompts

Nanonets

If you’re a conversational AI or AI language model developer, one of the last things you want your artificial intelligence to do is to entertain inflammatory notions or ethical and moral quandaries. The AI Alignment field exists to regulate the response of chatbots like ChatGPT to ensure that they fulfill their intended purpose and avoid responding to inflammatory, unethical, or morally questionable prompts.

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B2B Debt Collections that Speaks Your Language

Enterprise Recovery

Every industry has its own share of jargon, acronyms, and special terms. There's a level of trust that's gained when a business partner understands your industry or "speaks your language." When companies seek out debt collection agencies that they can trust, they also want to work with those who understand their industry. When a debt collections agency speaks your language, B2B account recovery can be more successful.

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The effect of overstated ending inventory

Accounting Tools

Related Courses Accounting for Inventory How to Audit Inventory When ending inventory is overstated, this reduces the amount of inventory that would otherwise have been charged to the cost of goods sold during the period. The result is that the cost of goods sold expense declines in the current reporting period. You can see this with the following formula to derive the cost of goods sold: Beginning inventory + purchases - ending inventory = Cost of goods sold Example of Overstated Ending Invento

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QBO Monday Minute: Inside the Negative Deposits' Feature

Insightful Accountant

Liz Scott is back with her thoughts on the enhanced feature of QuickBook Online that enables you to accept negative dollar amounts. Check out the video, too.

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Travel and Expense Policy Success: Your Essential Checklist

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.