Fidesic blog

JUNE 15, 2023

Overall, payments fraud is the lowest it has been in nearly 10 years, according to an annual report released in May by the Association for Financial Professional and J.P. Morgan.

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Intuit

JUNE 16, 2023

As inflation and other economic pressures weigh on Australian small business owners, having access to tools that can help them make smart financial decisions is critical. The best tools should leverage data to provide a personalised experience and give small and medium-sized enterprises (SMEs) the information they need to hire, expand, cut costs, and streamline with confidence.

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Data Entry Financial Services Invoicing Tax 246

Xero

JUNE 15, 2023

If you’re a small business owner, chances are you’re always on the lookout for new and innovative ways to grow your business. A great way to do so could be right under your nose: on your local football pitch, and you don’t need to buy some football boots or play a full 90 minutes. Football sponsorship isn’t just for major companies – small businesses with varying budgets can get involved, too.

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Budgeting XERO 237

Accounting Department

JUNE 15, 2023

Virtual bookkeepers work with a wide range of client types and business sizes in various stages of growth. So, your virtual bookkeeper can be expected to bring a great breadth and complexity of knowledge and experience to your company.

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Virtual Bookkeeping Bookkeeping Services Bookkeeping Outsourced Bookkeeping 170

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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.

Insightful Accountant

JUNE 12, 2023

Murph cautions us against accepting the results of 'AI' like ChatGPT. the data these AI machines produce may be more 'artificial' than 'intelligent'.

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Compleatable

JUNE 15, 2023

As a consumer, Covid accelerated the inevitable shift to online shopping, and now that we have the confidence in how convenient online buying has become, there’s simply no going back. So, why isn’t this happening at our workplace? Integrating the shopping experience into the workplace just makes so much sense for everyone outside of finance.

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Invoicing Accounting Software Billing Purchase Order 100

Accounting Department

JUNE 13, 2023

It often happens that businesses become frustrated with slow-moving, unwieldy end-to-end experiences with their credit card programs. Encountering delays in issuing new cards to employees, which further compounds the issues, and both employees and members of the finance team lacking a centralized view of cardholder transactions, creates all sorts of ongoing challenges.

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Accounting Accounting 130

Insightful Accountant

JUNE 13, 2023

As we celebrate June 14 as Flag Day, Murph reminds us to honor all that it represents.

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Compleatable

JUNE 12, 2023

For small business owners, cash flow is the lifeblood that keeps their ventures running smoothly. Managing invoices and ensuring timely payments from clients and customers is crucial to maintaining a healthy cash flow. But if you’re a new business owner or perhaps snoozed through your accountancy classes at University (we’re not judging!

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Invoicing Invoice Processing Accounting Accounting 100

SSI Healthcare Rev Cycle Solutions

JUNE 14, 2023

Claim edits mastery: Leveraging best edits and best practices to expedite payments [Live Webinar] Although often overlooked, claim edits play a critical role in thwarting denials and accelerating payments. Your ability to efficiently manage and promptly correct edits, utilizing a claim scrubber or billing application, has substantial implications on your cash flow.

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Revenue Cycle Revenue Cycle Management Billing 98

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.

Collections

Nanonets

JUNE 14, 2023

Introduction In today's digital age, managing an avalanche of emails can be an overwhelming task, especially for businesses dealing with hundreds or thousands of emails daily. However, these emails often contain vital information, from purchase orders and invoices to customer queries or even insights that could help streamline your business operations.

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Invoicing Invoice Processing Customer Service Purchase Order 98

Insightful Accountant

JUNE 12, 2023

Intuit Ventures has announced an investment in Finch, the No. 1 API for employment systems. The investment will allow Finch to build deeper integrations with the Intuit QuickBooks ecosystem.

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QuickBooks 104

LedgerDocs

JUNE 15, 2023

Artificial technology rapidly changes every industry, and bookkeeping is an exception to this revolution. The future of AI bookkeeping is looking very promising, not only for bookkeepers but for business owners as well. In this blog post, we will explore how technology will reshape the role of modern bookkeepers in the coming years. Super Bookkeepers: The goal of AI bookkeeping is not to replace human bookkeepers, but to augment their abilities, to make them into “Super Bookkeepers”

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Bookkeeping 96

Accounting Tools

JUNE 16, 2023

Related Courses Business Ratios Guidebook The Interpretation of Financial Statements The current ratio and quick ratio are both designed to estimate the ability of a business to pay for its current liabilities. The difference between the two measurements is that the quick ratio focuses on the more liquid assets , and so gives a better view of how well a business can pay off its obligations.

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Financial Statements 75

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.

Accounts Payable

Nanonets

JUNE 12, 2023

Optical character recognition (OCR) software help convert non-editable document formats such as PDFs, images or paper documents into machine-readable formats that are editable & searchable. OCR applications are commonly used to capture text from PDFs & images and convert the text into editable formats such as Word, Excel or a plain text file.

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Data Entry Invoicing Computation AP 97

Insightful Accountant

JUNE 14, 2023

Arc Business Management and National Xero Ambassador Tate Henshaw drills down on why it is time for you to open your mind up to new techniques to help your firm.

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XERO Accounting Accounting 104

RevCycle

JUNE 15, 2023

What is an ASC? An ambulatory surgery center (ASC) is a healthcare facility that provides same-day, outpatient surgical care. ASCs are typically freestanding facilities, meaning they are not found within a hospital. They are staffed by a team of surgeons, nurses, and other healthcare professionals who provide high-quality, cost-effective care. ASCs offer a variety of surgical procedures, including: Cataract surgery Ear, nose, and throat procedures General surgery procedures Gynecological procedu

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Accounting Tools

JUNE 15, 2023

Related Courses Credit and Collection Guidebook Effective Collections Essentials of Collection Law What is a Dunning Letter? A dunning letter is a notification sent to a customer, stating that it is overdue in paying an account receivable to the sender. Dunning letters typically follow a progression from polite reminders to more strident demands for payment, if the customer continues to be non-responsive in paying.

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Collections Invoicing Accounts Receivable Accounts Receivable 75

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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.

Accounting

MineralTree

JUNE 15, 2023

As a business grows and expands, its financial management needs often grow increasingly complex. Enterprise resource planning (ERP) systems like NetSuite can help organizations manage these obligations, while also facilitating collaboration. NetSuite specifically is highly customizable, making it a popular choice for mid-market businesses. However, to fully leverage the benefits of NetSuite, it’s crucial to integrate it with other applications such as an accounts payable (AP) automation to

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AP Accounts Payable Accounts Payable Invoicing 75

Insightful Accountant

JUNE 15, 2023

Murph describes the benefits of the Hour Timesheet Referral Program as an example of options for the time-tracking/keeping app you may currently be supporting.

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Nolan Accounting Center

JUNE 15, 2023

Downsizing your small business is a business strategy designed to reduce overhead costs by selling business assets or laying off employees. Many times, small business owners will downsize due to a decline in the industry or an economic recession. When it comes to downsizing, there is no standard, and may look different from one business and industry to another.

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Accounting Accounting 68

Accounting Tools

JUNE 16, 2023

Related Courses Accountants’ Guidebook Bookkeeper Education Bundle Bookkeeping Guidebook The general ledger is the master set of accounts that aggregates all transactions recorded for a business. When a person is reconciling the general ledger, this usually means that individual accounts within the general ledger are being reviewed to ensure that the source documents match the balances shown in each account.

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General Ledger Reconciling Bookkeeping Financial Statements 75

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.

Payroll

Outsourced Bookeeping

JUNE 12, 2023

Tax deductions are a beneficial tactic to decrease your taxable income and reduce expenses when filing taxes. This writing digs into ten clever tax deductions that individuals and businesses should know. You can improve your financial status by integrating these deductions into your tax planning strategy. We will also explore the advantages that come with using outsourced bookkeeping and accounting services , such as outsourced management of accounts payable, to guarantee precise deduction monit

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Outsourced Bookkeeping Tax Bookkeeping Deposits 59

Insightful Accountant

JUNE 11, 2023

With more ProAdvisors beginning the Top 100 process every year, Murph is working earlier than ever to help you qualify. Certification time has arrived.

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NextProcess

JUNE 16, 2023

Depending on who you ask , the U.S. economy is either already in recession or very likely to go in that direction. In the current business climate, vendors are looking for faster payments so they can make ends meet without waiting weeks or even months for clients to pay their invoices. At the same time, clients want to hold on to cash as long as possible to guard against economic uncertainty.

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Accounts Payable Accounts Payable Invoicing AP 52

Accounting Tools

JUNE 14, 2023

Related Courses How to Conduct a Compilation Engagement How to Conduct a Review Engagement How to Conduct an Audit Engagement What is a Financial Statement Review? A financial statement review is a service under which the accountant obtains limited assurance that there are no material modifications that need to be made to an entity's financial statements for them to be in conformity with the applicable accounting framework (such as GAAP or IFRS ).

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Financial Statements Auditing Accruals Financial Reporting 75

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.

Economize

JUNE 16, 2023

Choosing the right managed database service can be a challenging task. AWS RDS and Google Cloud SQL are two major players in the space, each offering a unique blend of features and advantages. This in-depth comparison guide breaks down the key considerations, including features, integrations, flexibility, data security, and pricing to help you make an informed decision.

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Insightful Accountant

JUNE 11, 2023

FloQast CEO Mike Whitmire explains how you can solve today’s talent crisis through technology.

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SMB Accounting and Consulting

JUNE 16, 2023

One of the best things that you can do for your business is to understand financial statements. One of the biggest issues that come with reading financial statements is understanding the differences between Retained Earnings vs Owner’s Equity. The first step is defining the two. Retained Earnings is the company’s net income or loss over the period of the company.

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Financial Statements Accounting Accounting 52

Accounting Tools

JUNE 14, 2023

Related Courses The Balance Sheet The Income Statement The Statement of Cash Flows What are the Types of Financial Statements? Financial statements provide a picture of the performance, financial position, and cash flows of a business. These documents are used by the investment community, lenders, creditors, and management to evaluate an entity. There are four main types of financial statements, which are noted below.

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Financial Statements Budgeting Auditing Accounting 75

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.

CPA