Fidesic blog
AUGUST 24, 2023
When evaluating an automation solution, tangible cost benefits are often difficult to quantify. There's the obvious things, like reducing printing check costs, transitioning to ACH instead of checks, and the reduction of hard costs that relate to shipping, but many of the main benefits are more ‘soft costs'.
Accounting Today
AUGUST 24, 2023
The institute sent comment letters requesting changes in two forms used to report on foreign trusts, and guidance on energy credits and advanced manufacturing investment credits.
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Xero
AUGUST 22, 2023
We’ve just wrapped up day one of Xerocon, and it didn’t disappoint! The vibe and atmosphere in Sydney has been fantastic. Our leadership team — including new Chief Product Officer, Diya Jolly — shared the latest enhancements to our platform that will help accountants and bookkeepers grow their practice, help their clients succeed, and get the most out of Xero.
Accounting Department
AUGUST 24, 2023
Tipalti Expenses offers a comprehensive and purpose-built solution to streamline and manage employee-initiated spending and reimbursements, all within a single, efficient system.
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
Fidesic blog
AUGUST 22, 2023
Fidesic Power Reporting makes it easy to run custom reports, lookup individual transactions with ease and always be ready for an accounts payable audit at any time.
Accounting Today
AUGUST 24, 2023
Internal Revenue Service employees weren't always following the proper rules when it came to directly contacting taxpayers instead of their representatives like accountants and attorneys.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Accounting Department
AUGUST 22, 2023
In the pursuit of business growth and expansion, establishing a strong and effective financial management system becomes imperative. This encompasses precise record-keeping, timely reporting, and adherence to regulatory obligations. To effectively navigate growth and focus on core business activities, many organizations are turning to outsourced client accounting services.
FinOps in Practice
AUGUST 22, 2023
Like most IT processes, MLOps has maturity levels. They help companies understand where they are in the development process and what needs to be changed in their ML approaches to move to the next level (if that is their goal). Using commonly accepted maturity level methodologies also allows companies to determine their place among competitors. Google Model Google has its own model of MLOps maturity levels.
Accounting Today
AUGUST 22, 2023
Only 17% of executives now anticipate a recession, according to a survey released Tuesday by PricewaterhouseCoopers, and 74% believe they can attract and retain the talent they need.
Xero
AUGUST 22, 2023
Wow! What an exciting first Xerocon as CEO. Day one was full of so many inspiring moments. Of course, the best part was talking directly to our accounting and bookkeeping community about the critical role they play in the lives of small businesses. Being on the big stage to discuss the importance of Xero’s purpose and partnerships was not only a highlight, but also a privilege – as was seeing the rest of the day unfold.
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.
Fidesic blog
AUGUST 22, 2023
There is an existing HubSpot connector on the Power Automate Connector list; however, this version does not yet support the scope changes to HubSpot's API.
Outsourced Bookeeping
AUGUST 22, 2023
Various taxes come with higher earnings. This aspect is the primary concern of every working individual. Heavy taxes are imposed on high-earning working professions which burn away through the final income generated. There are dozens of taxes in 2023 that are imposed on high-income earners. Therefore, every working professional requires specialized assistance to save significant finances otherwise catered to tax payments.
Accounting Today
AUGUST 25, 2023
In an era where technological advancements redefine our day-to-day activities, artificial intelligence and machine learning have emerged as transformative forces in various sectors.
Ace Cloud Hosting
AUGUST 20, 2023
QuickBooks Desktop is a well-known accounting software that assists accountants in managing their financial operations with ease. Nevertheless, businesses nowadays are demanding remote access, cost-effectiveness, smooth user collaboration, and improved.
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.
Reconciled Solutions
AUGUST 22, 2023
The FedNow Service (an instant payment infrastructure developed by the Federal Reserve) went live on July 20, 2023. It allows US financial institutions to provide safe and quick (think “seconds”) payment services. The post Get paid almost instantly with FedNow appeared first on Reconciled Solutions.
LedgerDocs
AUGUST 21, 2023
In the past few years the business landscape has been more unpredictable than usual, because of this unpredictability, small businesses need to be agile, innovative, and efficient to maintain their success and get the edge they need to remain competitive. Leveraging a cloud based digital document management software, such as LedgerDocs, can be the game-changer that empowers your business to not only survive but thrive.
Accounting Today
AUGUST 21, 2023
If partners do not have a buy-sell agreement and one of them dies or is suddenly disabled, there will be problems between the survivors and the family of the affected partner.
Future Firm
AUGUST 23, 2023
As new ideas and features emerge, it’s all too easy for the initial project boundaries to expand far beyond their intended limits. In this episode, I discussed nine key strategies that I have tested in the field to effectively prevent scope creep. Listen Below. 0:43 Scope creep or out-of-scope work is defined as performing tasks not outlined in the client agreement.
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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.
Dext
AUGUST 23, 2023
A recent survey by Dext has revealed the ongoing accounting pressures felt by small business owners at present. The survey of 250 small business leaders in the UK uncovered some major issues relating to the time required to complete bookkeeping tasks, visibility of finances, and general ongoing stress.
Blake Oliver
AUGUST 19, 2023
In this video, I test whether ChatGPT, the generative AI chatbot from OpenAI, can pass the CMA Exam. I found some CMA exam practice questions on the IMA website and copied them into ChatGPT without any other context. Remarkably, ChatGPT answered all five practice questions correctly and provided detailed explanations for its reasoning. It even showed its work on the required calculations.
Accounting Today
AUGUST 21, 2023
Henry Gabay, founder of a now defunct London-based asset manager, told a German court that he's innocent and that the "devastating" Cum-Ex charges against him are built on lies by his former business associates.
Nanonets
AUGUST 23, 2023
AI-based document processing is transforming the way businesses handle paperwork. It is overhauling traditional data entry, approval systems, and document management. As per a Smartsheet study , workers spend over a quarter of their week on mundane tasks like data management. Most of us can relate to the frustration of sifting through complex documents, manually extracting data, or struggling with clunky document management systems.
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
Reconciled Solutions
AUGUST 22, 2023
The Chart of Accounts works in the background as a critical element of QuickBooks Online. Keep reading to understand its role. There are still many. The post What You Should Know About the Chart of Accounts in QuickBooks Online appeared first on Reconciled Solutions.
Gaviti
AUGUST 23, 2023
Efficient dispute management plays an essential role in improving your organization’s financial and business success. Disputes within account receivables can lead to delayed payments, strained customer relationships and unforeseen cash flow problems. By implementing an effective process, businesses can swiftly resolve discrepancies and promote a healthy cash flow.
Accounting Today
AUGUST 24, 2023
How many inefficient meetings do we have in which 10 people, each billing out at $100 to $400 an hour, sit around talking about things without having a clear-cut objective or next steps from the meeting?
Insightful Accountant
AUGUST 23, 2023
According to a new Xero survey, there are calls among small business owners for greater data protection and education, with 77% believing AI will have an impact on their business in the next five years.
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.
Reconciled Solutions
AUGUST 22, 2023
Work from anywhere and embark on a journey that transforms the way you experience both your professional and personal life. The post Embracing Freedom: How to experience the world while running your business appeared first on Reconciled Solutions.
CSI Accounting & Payroll
AUGUST 24, 2023
Working in real estate takes a big investment of time and money. Plus, when it comes to expenses, it’s not always crystal clear whether they're deductible or not. In this industry where expenses add up quickly, understanding your expenses will help you deduct appropriately and avoid overpaying on your quarterly and year-end taxes. At CSI Accounting & Payroll, we've worked with tax deductions for the real estate industry for over 50 years.
Accounting Today
AUGUST 23, 2023
The board finalized a new standard aimed at providing more useful information on a venture's financial statements and curbing differences in reporting practice.
CloudZero
AUGUST 25, 2023
Over the next five years, the cloud computing market is expected to grow at a compound annual growth rate (CAGR) of 18.3%. Cloud-based services are becoming increasingly popular with businesses of all sizes, contributing to the growth of this market.
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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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