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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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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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 203
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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 195
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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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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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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

More Trending

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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 174
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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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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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5 Accounts Receivable Collection Mistakes You Should Avoid

Gaviti

Many businesses underestimate the importance of their accounts receivable (A/R) process, assuming they’ll “get paid eventually.” This mindset often leads to underinvestment in collections efforts, and when budget cuts are necessary, accounting departments like collections are typically the first affected. However, maintaining a steady cash flow is essential for business survival, and efficient collections directly impact the bottom line.

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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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Nov 18, Quarterly Interest Rates Announced

Bookkeeping Essentials

CRA and IRS interest rates for corporate loans to shareholders, installment sales, under and over payment of taxes

Tax 98
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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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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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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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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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Your Guide to Accounts Receivable Aging Reports & How to Calculate AR Aging

Billing Platform

Does your organization extend credit to customers? Do members of your accounts receivable team find themselves overwhelmed with the task of determining which customers have uncollected debt? An accounts receivable (AR) aging report simplifies the process and expedites receiving the money youre owed. Wait a minute, what is aging accounts receivable? Accounts receivable aging is a periodic report that categorizes a companys accounts receivables according to the length of time an invoice is outstan

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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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Setting Up an Accounts Payable Policy and Procedures Manual

Fidesic blog

Accounts payable is a roller coaster… Ok, maybe it’s not quite that exciting, but it’s not the wet blanket that some people think it is (looking at you sales team). Those of us who work in AP everyday know how volatile it can be and 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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The Practice of Now: The Practice of Now: How 1000 Accountants & Bookkeepers Are Going From Good To Great

The Successful Bookkeeper

Like most professions in recent years, accounting and bookkeeping are going through extraordinary change. We, at Sage, surveyed 1000 accountants and bookkeepers across six countries to understand what they’re feeling, their challenges, and how they plan to thrive in the immediate future.

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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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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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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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Why Some AP Automation Solutions Fail: Key Challenges & Pitfalls

Ascend Software blog

Accounts payable (AP) automation has the potential to revolutionize financial operations, driving efficiency, accuracy, and cost savings. However, despite the many advantages of automating AP processes, not all implementations are successful. Several factors can cause AP automation solutions to fail or fall short of expectations. Understanding these common challenges can help organizations avoid costly mistakes and ensure a smoother, more effective transition to automated AP.

AP 100
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What Is the Best SaaS Billing Software?

Billing Platform

Your software as a service (SaaS) business is thriving congratulations! What youre probably discovering is that the spreadsheets and manual effort used to track software usage and bill customers is no longer sufficient. Now you need to tackle one of the most important software purchases youll ever make billing. With so many solutions available, how can you be sure that youre choosing the best SaaS billing software for your company?

Billing 74
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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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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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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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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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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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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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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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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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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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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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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.