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In today's fast-paced business environment, numbers alone won't cut it. It's about transforming those numbers into meaningful insights that can guide strategic decisions and drive growth. Financial analytics offers medium-sized businesses a powerful tool to convert raw data into actionable strategies, giving them a competitive edge. Let's explore how leveraging financial analytics can revolutionize business operations , improve decision-making, and enhance overall efficiency.
As a CPA firm, you already know that tax season brings the need for organization, meticulous attention to detail, and efficient processes to ensure success. Whether you offer tax services for a few clients or handle a higher volume, without preparation, this time can quickly become overwhelming, leading to bottlenecks, missed deadlines, and strained client relationships.
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In a shocking turn of events, Bench Accounting, once a prominent player in the bookkeeping space, has ceased operations, leaving many small business clients scrambling to figure out what to do next. While the exact reasons for Benchs closure are still unfolding, early indicators suggest financial instability may have played a significant role. For thousands of small businesses who relied on Bench, this news is more than a headlineits a major disruption.
In a shocking turn of events, Bench Accounting, once a prominent player in the bookkeeping space, has ceased operations, leaving many small business clients scrambling to figure out what to do next. While the exact reasons for Benchs closure are still unfolding, early indicators suggest financial instability may have played a significant role. For thousands of small businesses who relied on Bench, this news is more than a headlineits a major disruption.
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Whether your firm is undergoing personnel changes or you need to restructure your team for better alignment with your business objectives, there may come a time when you need to re-assign a client to a new accountant. While the client may not notice much difference with the change, communicating the details of this transition clearly and professionally is essential so they dont feel left in the dark.
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As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R
Join us on this exciting episode of the Count Me In Podcast, where Adam Larson sits down with Mike Dion , an expert in FP&A and automation. Mike shares his fascinating journey from finance intern to automation advocate, revealing the transformative power of streamlining processes. Get ready to learn how simple tools like Excel can save hours in your workweek, and discover actionable insights on balancing work-life with smart automation.
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The enforcement status of the CTA continues to shift following recent Fifth Circuit decisions. After initially granting the emergency motion to stay a nationwide injunction on December 23, the Fifth Circuit's merits panel reversed course.
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At the beginning of each year (January 1), you need to record your odometer reading. This figure becomes the last entry for your prior year log. It's a good idea to diarize this date so you don't forget.
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The Internal Revenue Service issued final regulations for sales and exchanges of digital assets on the new Form 1099-DA for decentralized finance brokers, along with transition relief.
Many aspects matter for a smooth-running cash flow, and one of them is billing. If done manually, it consumes a lot of time, and automation can make this billing process more efficient. Thus, the tech market offers many invoicing tools to make the job easy, and Zoho Books is one of them. Zoho Books is an India-based software that almost covers all the invoicing features, but there are people who are searching for alternatives.
Top Remote Candidates This Week Are you in need of remote accountants? Accountingfly can assist you! Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced remote accounting candidates without any upfront costs. Here are some of this week’s top remote tax and accounting candidates. Sign up now to receive the full list of available top accounting candidates on a weekly basis!
“There are two types of companies: those who have been hacked, and those who don’t yet know they have been hacked.” This quote by John Chambers emphasizes that no organization.
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The New Year is the perfect time to assess and improve the Financial health of small businesses. With a new year beginning, its a good time to review your bookkeeping systems, adopt best practices, and set the foundations for a good financial year. The purpose of this paper is to demonstrate how small businesses can increase their efficiency, reduce errors, and focus on development through the implementation of effective financial processes and outsourcing bookkeeping.
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In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.
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Murph summarizes the advantages of sound supply chain planning and procurement management if your business involves production/manufacturing or wholesale/retail sales. He overviews these capabilities within Oracle NetSuite.
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Is your finance team bogged down by endless data requests and disorganized spreadsheets during the month-end close? It’s time to consider a better option – automate with ART! SkyStem’s solution works alongside your ERP to transform the close and account reconciliation process and speed up month-end work. Explore SkyStem’s ART - the award-winning account reconciliation automation platform - and receive a $100 Amazon gift card as a thank you for your time.
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