Sat.Feb 11, 2023 - Fri.Feb 17, 2023

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Why we can’t keep old reports (and other burning questions)

Xero

The retirement of old reports is now only a little over five months away. If you’re like many small business owners and advisors, you’re probably starting to seriously think about how this will impact your day-to-day work. We’ve answered some of your most common questions, so you can feel confident about switching to new reports before 31 July 2023.

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Overcome these Business Challenges in 2023

Accounting Department

Over the last few years, the rapid acceleration of accounting technology has redefined the way businesses go about their bookkeeping, operations, and more. This ramp-up in technology has caused a rise in the need for professional outsourced services and automation opportunities, however, business owners are still facing some challenges that can be avoided in 2023.

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Effective Savings Rate: Establishing a Metric to Measure the True Impact of Cloud Financial Management

ProsperOps

Erik Carlin, co-founder and CPO at ProsperOps, recently joined the FinOps Guys podcast to share his take on FinOps metrics including Effective Savings Rate (ESR). The discussion centered on the evolution of automated cloud financial management and the establishment of a metric to track true cloud savings. Read on to learn why ProsperOps has introduced ESR as the single most important cloud savings metric.

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Is Internet Explorer really really “retired”? Not quite…

Fidesic blog

Microsoft implemented another gate to keep people on most client versions of Windows 10 from running Internet Explorer 11 on Feb 14.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

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.

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Five tech trends for small businesses to watch in 2023

Xero

Technology advancements are continuously reshaping not only the way we work, but fundamentally how we operate across nearly every industry. With new innovations unlocked almost daily — each with a unique promise to transform how we do business — how do busy small businesses and their advisors separate the fad from the fancy? We’ve been doing a lot of thinking about this recently, and it’s a priority for us this year to help demystify some of these trends and shine a light on those which could be

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The Benefits of an ERP System for Your Business

Accounting Department

Upgrading a business to move away from manual processes or shift away from dated and clunky software may seem like a daunting task to a business owner. However, making the switch is an upgrade that will provide a central database for an entire company, valuable reporting potential, and a host of other benefits.

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Client Hub Launches Free Recategorize Plan

Insightful Accountant

The new tier will enable accountants to get all their QuickBooks transaction questions resolved from their clients quickly and easily—and the subscription is free.

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Five steps to a seamless payroll year end

Xero

It’s that time of year again. As summer winds to a close, the days will start getting shorter as the workload ramps up. For those working in payroll, that can only mean one thing: year end is approaching. There are four key changes in New Zealand payroll calculations for the new financial year: Adult minimum wage will increase to $22.70 per hour from 1 April 2023 The annual ACC earner levy rate is increasing from 1.46 percent to 1.53 percent The annual ACC earner levy threshold is increasing to

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Cash Flow Problems Solved

Plooto

Managing cash flow is one of the most critical challenges facing small businesses today. Intuit's study, The State of Small Business Cash Flow , reported that "61% of small businesses around the world struggle with cash flow. Because of cash flow issues , nearly one-third of those surveyed cannot pay vendors, loans, themselves or their employees." Data from Guidant Financial shows that the No. 1 challenge for 32% of small business owners is lack of capital/cash flow.

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SEO for Accountants: 14 Tactics to Acquire Clients

Future Firm

Looking for one of the top digital marketing strategies to help potential clients easily find you? Then you’ll want to read the rest of this article on SEO for accountants. In this article, you’ll find out: What SEO for accountants is Why it’s important for your firm’s growth 14 practical tips & tricks to boost your website to the top of Google Let’s go!

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

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.

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QuickBooks Business Network – A Vision on the Way

Insightful Accountant

Murph brings you up to date on the vision that is the QuickBooks Business Network. While it's not fully capable yet, it's getting there, and appears to be heading in the right direction.

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6 Short Term Financing Options for Growing SMBs

FundThrough

No doubt that you’ve seen for yourself that having quick access to capital is vital for keeping your business running smoothly. One way to get funding in a hurry is short term financing. It can help business owners cover unexpected costs or losses, bridge cash flow gaps, or take advantage of timely opportunities while limiting […] The post 6 Short Term Financing Options for Growing SMBs appeared first on FundThrough.

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How to Deal with Clients Who Don't Pay

Enterprise Recovery

When you agree to do business with another company, the expectation is that you'll provide goods or services, and they'll pay in a timely manner. Providing the goods or services costs your company in overhead, salaries, expenses, and more. So what happens if your client doesn't pay on time or at all? Is there anything you can do to get paid or prevent late payments?

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Streamline Your Claims Management Process with Epic and SSI Integrations

SSI Healthcare Rev Cycle Solutions

Streamline Your Claims Management Process with Epic and SSI Integrations [Live Webinar] Back by popular demand! The SSI Group, LLC (SSI) invites all hospitals and health systems that run Epic as their HIS to a webinar specifically designed to showcase the integrations between our systems. Learn how to simplify your claims process, reduce time to payment, and make it all a snap for your RCM team.

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Building a Business Case for Finance Automation

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.

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Survey Shows What Small Business Owners Want

Insightful Accountant

Goldman Sachs' poll shows today's entrepreneurs owners want lawmakers to modernize and improve the Small Business Administration.

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How to Choose a Finance Tech Stack (CFO Software Checklist)

Sage Intacct

When it comes to CFO software, it pays to be a forward-thinker as well as someone who sets high standards and strives for quality. The SaaS industry is too competitive for corporate leaders to get complacent about their finance tech stack.

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SURVEY: CFOs Will Fuel Growth with Tech Investments, Not Increased Headcount

AvidXchange

The Controllers Council and Sage recently released the results of the 2023 Controller/CFO Sentiment Study , which surveyed 300 North American CFOs and controllers. The study uncovered how macro-economic trends are shaping corporate finance planning, strategy, priorities and outlooks. Among the findings, the majority of respondents expect topline revenue to increase in 2023, but very few plan to make large investments in headcount for their financial operations to manage such growth.

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Optimize Your 2023 Billing Strategy with These 6 Subscription Management Software Features

Billing Platform

Continuing on its upwards trajectory, the global market value of the subscription economy reached $292 billion in 2022 – up from $224 billion in 2021. What does 2023 hold in store for subscription-based organizations? According to consumer surveys , the competitive nature of the industry will be at an all-time high in 2023. With increasingly fierce competition, how can subscription companies outpace the competition and remain relevant to subscribers?

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Fall In Love With the Month-End Close

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.

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What's New with Xero: February 2023

Insightful Accountant

Xero is continually updating and upgrading its accounting platform to provide an enhanced look and feel, improved accessibility and faster features. Here are some of its recent and in-progress enhancements.

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Keys to Mutually-beneficial Relationships with an Investor Board

Sage Intacct

Forging a trusted relationship with your investors is one of your career-defining goals and responsibilities as a SaaS CFO. Especially during market turbulence and broader financial instability, your primary investors can be an essential source of capital and stability around resources.

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Amazon ECS Pricing Explained: A 2023 Guide To ECS Costs

CloudZero

With containerization, you can write an application once and run it anywhere. Along with portability, containers are also much more resource-efficient than traditional virtual machines (VMs). However, managing containers at scale can be challenging.

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5 Common Payroll Mistakes Businesses Must Avoid

Outsourced Bookeeping

The payroll department is responsible for the delivery of payroll checks, maintenance of employees’ and ex-employees records, wage deduction, calculation of bonuses & overtime, and most importantly, ensuring compliance. This is the only department that deals with and manages functions that impact almost everyone in the organization. A simple delay can be a talking point across the organization, and an innocuous mistake can attract compliance problems for the business.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

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.

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Nomination Deadline is Just Two Weeks Away

Insightful Accountant

The Nomination Deadline for the Insightful Accountant 2023 ProAdvisor Awards Process is just two weeks away on March 1, 2023. Don't leave yourself off this year's list.

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How to Choose a Finance Tech Stack (CFO Software Checklist)

Sage Intacct

When it comes to CFO software, it pays to be a forward-thinker as well as someone who sets high standards and strives for quality. The SaaS industry is too competitive for corporate leaders to get complacent about their finance tech stack.

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Why Accounting Must Mirror the Rise of Digital Commerce

Dext

At Dext, we’ve been documenting the rapid rise of digital commerce and the opportunities it brings to the accounting industry. But, like all seismic change, the rate at which things evolve rarely comes to a grinding halt. In the case of digital commerce, it appears things are accelerating once again.

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What Is Full-Charge Bookkeeping? Everything You Need to Know

Less Accounting

Figuring out the basics of bookkeeping and finding a reliable bookkeeper is the nightmare of every small business owner just starting. However, as the business grows, so do the bookkeeping needs, which is why you should consider stepping up your bookkeeping game. Today we will explain what is full-charge bookkeeping and how you can benefit from it. What Is Full Charge Bookkeeping?

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

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.

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QB Desktop Weekly: Troubleshooting Inventory (Part 2)

Insightful Accountant

Murph wraps-up his series on troubleshooting inventory in QuickBooks Desktop Accountant and QuickBooks Enterprise.

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Understanding the Employee Retention Credit

Brigade

It’s no surprise that the Covid-19 pandemic changed the way most businesses operate. From adjustments to staffing and labor, to remote workplaces and more, businesses have had to make financial decisions to maintain the health of their business. The Employee Retention Credit (ERC) is an opportunity to receive a refundable tax credit for businesses that paid employees while shut down due to the COVID-19 pandemic, or businesses that had a significant decline in gross receipts from March 13, 2020 t

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5 Common Payroll Mistakes Businesses Must Avoid

Outsourced Bookeeping

The payroll department is responsible for the delivery of payroll checks, maintenance of employees’ and ex-employees records, wage deduction, calculation of bonuses & overtime, and most importantly, ensuring compliance. This is the only department that deals with and manages functions that impact almost everyone in the organization. A simple delay can be a talking point across the organization, and an innocuous mistake can attract compliance problems for the business.

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What Is Virtual Bookkeeping? Everything You Need to Know

Less Accounting

Every business owner sooner or later reaches the point when investing in bookkeeping services can no longer be avoided. However, that doesn’t have to be a hassle because you can hire a virtual bookkeeper and get it all done without leaving your office space. Let’s explain virtual bookkeeping and how businesses can benefit from it. What Is Virtual Bookkeeping?

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Cash Flow Secrets Every Upskilled CPA Should Know

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.