Sat.Nov 16, 2024 - Fri.Nov 22, 2024

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TIGTA celebrates 25th anniversary

Accounting Today

The Treasury Inspector General for Tax Administration has launched a social media campaign, even as the Senate is vetting its next head.

Tax 290
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Narrowing in on 2025 with Driver-Based Budgeting & NetSuite

Accounting Department

Driver-based planning is a type of management that zeros in on a company's key value drivers and key business drivers. It helps create budgeting and business plans based on these factors. The goal of this type of planning is to center on the factors that are important to fueling success. Mathematical models can be created to project business. Driver-based planning is helpful for finance executives when they are planning long-range strategic strategies.

Budgeting 260
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Streamline tax time: Xero now supports partnership tax in the UK

Xero

We’re excited to announce that partnership tax has arrived in Xero Tax. You can now manage most of your clients’ tax needs – corporate, personal, and ordinary partnerships – in one simple, secure platform. No more juggling multiple tools or battling complicated software. By managing partnership tax in Xero, you can remove some of the stress around tax time for your practice and your clients.

XERO 230
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FinOps X Europe 2024 – Day 1 Keynote

FinOps Foundation

Key Insight: The practice of FinOps continues to evolve around several key themes that all point to its deeper integration into existing processes, business frameworks, and technology environments. Across the globe from the Americas, to Europe, and to Asia, FinOps is shaping up to be the driver of value realization for all kinds of organizations. The FinOps Foundation was thrilled to bring FinOps X to Europe this year, where we found a community eager to engage with and learn from each other.

FinOps 130
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Forecasting Failures Are Costly: Here's How To Fix Them

Speaker: Dave Sackett

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 Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty.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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Board members need more audit and finance skills

Accounting Today

Audit and finance skills are heavily in demand on corporate boards, according to a survey by BDO.

Auditing 312
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The Secret Weapon for SMBs Thriving with CFO Support Services

Accounting Department

In the dynamic business world, financial strategy plays a pivotal role in determining success. But what if your small or medium-sized business (SMB) can't afford a full-time financial executive? Enter CFO Support Services —a game-changer for SMBs and startups alike. This blog uncovers the essence of a CFO support service provider, the immense value they bring, and why your business might need one.

More Trending

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Accounts Payable Procedures and Policies Manual & How to Create One

Fidesic blog

Accounts payable is a roller coaster… Ok, maybe it’s not quite that exciting, but those of us who work in AP everyday know how volatile it can be. We also know the dangers that a poorly managed accounts payable process can pose. With that in mind, this post will offer up some tips and best practices to create a killer accounts payable procedures policy handbook.

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Gen AI speeds software development, heats up competition

Accounting Today

Accounting software development cycles will accelerate with generative AI, but so will competitive pressures.

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EverBank Business Checking Review

Fit Small Business

EverBank (formerly TIAA Bank) is an excellent choice if you’re looking for a bank with various interest-earning checking options. You can choose among five EverBank business checking accounts. All of which earn interest on all balances except for the entry-level Business Checking product. In addition, the bank also offers full-service banking products and services, including.

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5 Common Challenges Faced by A/R Teams That Can Be Overcome Through Automation

Gaviti

Automation delivers finance departments many benefits, including accurate predictions and insights related to revenue and sales so that CFOs and their teams can make better business decisions. Despite this, automation in accounts receivable has met its fair share of skepticism from business leaders worldwide. Some of the main concerns include change management and employee adaptability to new technologies, adherence to compliance, how easily the automation technology integrates with other financ

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

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

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The truth about bank feeds: Busting the top three myths

Xero

Bank feeds have transformed how small businesses manage their bookkeeping. Gone are the days of manually comparing bank statements with accounting records. Today, with cloud accounting, you can securely and automatically import bank transaction data and easily reconcile it, so you have a single, up-to-date view of your transactions and cash flow. Bank feeds reduce manual admin and automate data entry.

XERO 208
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AICPA wary of new PCAOB firm metrics standard

Accounting Today

The American Institute of CPAs is still concerned about the Public Company Accounting Oversight Board's new firm and engagement metrics standard, despite some modifications from the original proposal.

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BankUnited Business Checking Review

Fit Small Business

BankUnited provides decent business checking products for organizations that generate a low to moderate monthly transaction volume. There are two types of regular checking accounts: A $12-per-month basic account with 150 free monthly transactions and a monthly cash processing allowance of $10,000. A $20-per-month premium account with 300 free monthly transactions and a monthly cash.

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Behind the Scenes of a Private Equity Backed Accounting Firm w/Tim Brackney

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello welcomes Tim Brackney , the Chief Executive Officer of Springline Advisory , a firm backed by private equity. They delve into the philosophy of utilizing talent from small firms to enhance shared services, while also discussing the complexities and nuances of private equity in the industry.

CPA 59
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Book of Secrets on the Month-End Close

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.

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Top 7 Sensible alternatives for document processing

Nanonets

Are you finding Sensible's pricing steep, or is its technical setup tedious? While Sensible offers robust document processing capabilities, it’s not always the best fit for every business.  Whether you're a non-technical team needing a no-code solution or a business looking for better customization, this buyer’s guide on the top 7 Sensible alternatives will help you find the best choice for your challenges.

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Jackson Hewitt looks to hire thousands for tax season

Accounting Today

The tax prep giant is once again looking to bring on close to 20,000 seasonal workers.

Tax 298
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How Changing AI is Transforming Fraud Detection and Prevention

oAppsNet

Artificial Intelligence (AI) is evolving rapidly, revolutionizing how industries operate, and the fraud detection landscape is no exception. With the increasing sophistication of fraud tactics, traditional systems have struggled to keep up. But with AI’s ability to learn, adapt, and analyze massive datasets in real time, organizations are starting to turn the tide against fraudulent activity.

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Starting a Cloud Kitchen in Singapore: Legal and Financial Considerations

Counto

Starting a Cloud Kitchen in Singapore: Legal and Financial Considerations Starting a cloud kitchen in Singapore offers a unique opportunity to tap into the booming food delivery market. This business model allows you to operate a kitchen without a physical storefront, focusing on delivery-only services. To ensure success, it’s crucial to understand the legal and financial considerations involved in setting up a cloud kitchen.

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How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?

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Top 9 Rossum alternatives for data extraction

Nanonets

Founded in 2016, Rossum has quickly become a major player in the document processing and automation space. It offers a cloud-based platform for AI-driven data extraction and workflow automation. However, every organization has unique needs, and not every tool would fit perfectly into all your workflows. If you’re exploring Rossum alternatives, it could be due to considerations such as: 1.

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M&A roundup: Aprio, Opsahl Dawson and Doeren Mayhew expand

Accounting Today

Aprio acquires Kirsch Kohn Bridge; Opsahl Dawson adds Hauser Jones & Sas; and Doeren Mayhew acquires BHT&D CPAs.

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The Future of Restaurant Accounting: Simplified for 2025

Analytix Finance & Accounting

Costs are up: 98% of operators say higher labor costs are an issue for their restaurant. 97% cite higher food costs. 38% say their restaurants were not profitable last year. These are some of the statistics reported by National Restaurant Accounting. However, the report also says given a choice between people and technology, consumers continue to crave human hospitality in their culinary experiences.

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The Importance of Accurate Bookkeeping for Tax Season

Less Accounting

As tax season approaches, many small business owners find themselves scrambling to organize their financial records and ensure they comply with the intricate web of tax regulations. Accurate bookkeeping is not just a seasonal task but a year-round commitment that can significantly impact a business’s financial health and stability. In this blog post, we will explore the importance of accurate bookkeeping for tax season, highlighting its benefits and offering practical tips for maintainin

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

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Top 9 Amazon Textract alternatives for data extraction

Nanonets

Amazon Textract is AWS's machine learning service that reads and processes documents automatically. It does more than just turn images into text like basic OCR tools. You can use it to pull data from forms and tables, process both typed and handwritten text, work with PDFs and scanned images, and handle documents in multiple languages. It even comes with ready-to-use tools for specific documents like invoices, IDs, and lending paperwork.

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Tech news: Intuit announces Intuit Assist for QuickBooks

Accounting Today

Plus, Deloitte releases four new accelerators on Workiva marketplace; KPMG invests $100 million in Google Cloud Alliance; and other accounting tech news.

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Fidesic’s Latest Update Streamlines Setup for Multi-Entity Companies

Fidesic blog

Companies using Fidesic AP Service Suite now have a simpler and more cost effective way to enable more users and locations to approve invoices with the release of its new “Approver” user level and single environment pricing for multi-entity companies.

AP 130
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Fremont Bank Business Checking Review

Fit Small Business

Fremont Bank offers four business checking accounts that can match different transaction volumes and balances. It provides waivable monthly fees, generous free cash deposit allowances, a free business debit Mastercard, digital banking access, fee rebates, and complimentary services. Its other business banking products include analyzed checking, savings accounts, credit cards, and lending products.

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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

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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The Complete Guide to NetSuite SuiteScript

Nanonets

NetSuite’s flexibility comes from its powerful customization tools, and SuiteScript is at the heart of this. If you're is looking to break free from the constraints of pre-set workflows, SuiteScript offers a way to transform NetSuite into a system that works with your unique processes and ambitions. In this guide, I’ll unpack the capabilities of SuiteScript, walk through creating your first script, and share best practices to help you unlock the full potential of NetSuite.

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Tough choices ahead in the federal, state and local tax landscape

Accounting Today

Who controls how many branches of government is having repercussions at every level.

Tax 290
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Fidesic’s Latest Update Streamlines Setup for Multi-Entity Companies

Fidesic blog

Companies using Fidesic AP Service Suite now have a simpler and more cost effective way to enable more users and locations to approve invoices with the release of its new “Approver” user level and single environment pricing for multi-entity companies.

AP 130
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FundThrough Ranked Number 415 Fastest-Growing Company in North America on the 2024 Deloitte Technology Fast 500™

FundThrough

Attributes 263% Revenue Growth to supporting small businesses with consistent cash flow to survive the COVID-19 pandemic and thrive in the years following. Toronto, Ontario, November 21, 2024 — FundThrough today announced it ranked 415 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech […] The post FundThrough Ranked Number 415 Fastest-Growing Company in North America on the 2024 Deloitte

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Demo SkyStem’s Award Winning Month-End Close Solution & Earn $100

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.