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For small CPA and bookkeeping firms with fewer than five employees, the decision to outsource can be transformative. It offers access to specialised skills, cost savings, and scalability during peak seasons. However, a significant concern that often lingers is, "How can I quickly onboard the right Outsource resources?". In this article, we will explore the crucial aspect of effective onboarding and integration of Outsource accounting professionals, emphasising the need for a swift and seamless p
Over the last 12 months, millions of customers around the world have been impacted by some of the biggest data breaches in history. As a small business or advisor working with sensitive personal and financial information every day, the stakes are high. If your business or practice experienced a data breach, it could have a serious impact on your livelihood.
Our second Entrepreneurs' Organization (EO) event of the year, EO XCentric, took place in Detroit this week and ADC's Shawn Marcum, fresh off of EO Alchemy, set out to rock Detroit and spend some time with all of the great event attendees.
Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.
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We recently announced at Xerocon Sydney that our team was busy enhancing the AI algorithms that power bank reconciliation in Xero, so it would recognise new contacts in your statement lines (even when they’re not in your contact list). We’re excited to share that this new feature is now live and available to all Xero customers globally. Here’s how it works and how to recognise it when it appears in your bank reconciliation.
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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
The economy these days is a bit like listening to talk radio - lots of conflicting voices making big claims. So I turned to economist Liz Wilke, Chief Economist at Gusto, to get an expert read on where we're headed. I recently spoke with Liz on an episode of The Accounting Podcast. Despite the economic rollercoaster of the past year, she offered reassuring and level-headed views.
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Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.
Murph delivers the first part of a series on BatchMaster software for use with QuickBooks, which can bring your products to market faster and cheaper, while reducing overall costs and complying with your industry’s regulatory mandates.
In today's rapidly evolving digital landscape, ensuring the security of online accounts and the protection of sensitive data have become more critical than ever. This holds particularly true for accounting and bookkeeping firms in the United States, entrusted with the responsibility of safeguarding confidential client information. While traditional password-based authentication methods have been widely utilized, they are increasingly susceptible to various security threats.
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Driving Excellence in Accounts Payable: A Comprehensive Guide to KPI Utilization and Automation In the realm of corporate finance, maintaining a competitive edge is paramount. One area where this is particularly true is Accounts Payable (AP). The efficiency of AP operations can significantly impact an organization’s financial stability and overall prosperity.
The news is out- Compleat Software will be exhibiting at the Schools & Academies Show 2023! This year’s show will be held on the 22nd November 2023 at the NEC, Birmingham, and will see more than 3,000 attendees from a range of backgrounds, including representatives from schools, academies, MATs, local authorities, central government, specialist charities and the wider education sector.
The Internal Revenue Service has been working hard to implement the dozens of tax provisions contained in last year's Inflation Reduction Act, according to a new report.
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The new financial operations platform for SMBs integrates category-leading solutions across accounts payable (AP), accounts receivable (AR), and spend and expense management.
The news is out- Compleat Software will be exhibiting at the Schools & Academies Show 2023! This year’s show will be held on the 22nd November 2023 at the NEC, Birmingham, and will see more than 3,000 attendees from a range of backgrounds, including representatives from schools, academies, MATs, local authorities, central government, specialist charities and the wider education sector.
About Catalyst Plus Julie-Anne Ellem, better known as Jewlz, is a powerhouse in the Australian accounting industry. Starting her career at a young age in Sydney, she’s come a long way from her small-town roots.
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Sharon Lassar, Ph.D., CPA, and Director of the School of Accountancy at the University of Denver, shares concerns and perspectives on CPA licensure, including the resistance to changing the 150-hour requirement, the challenges of online learning and potential cheating, the impact on the value of the CPA designation, and the need for leadership and action from organizations like the AICPA and NASBA to address these issues and improve the profession.
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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