Sat.Nov 02, 2024 - Fri.Nov 08, 2024

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The Benefits of Punch Out for Business: Why Compleat Software’s Solution Stands Out

Compleatable

What is Punch Out for Business? “Punch Out” for business is a system integration that connects a buyer’s procurement platform to a supplier’s online catalogue, enabling employees to access, select, and transfer items directly into their company’s procurement system without leaving it. Instead of purchasing immediately, selected items are brought into the buyer’s system for approval, generating a purchase order that is then sent to the supplier.

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Why accounting firms are bleeding talent

Accounting Today

Stagnating wages and gaps in career path awareness have pushed young professionals away from accounting, leading to a dearth of candidates and leaving firms scrambling to find a solution.

professionals

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ADC Gets "Unbridled" at EO XCentric!

Accounting Department

Our final Entrepreneurs' Organization (EO) event of the year, EO XCentric, took place in Fort Worth last week and ADC's Shawn Marcum, fresh off of EO Alchemy, set out to Texas and spend some time with all of the great event attendees.

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FOCUS 1.1 Now Available. Adoption Continues for Practitioners and Vendors.

FinOps Foundation

Key Insight: Version 1.1, the fourth release of the FOCUS Specification, is now available for cloud vendors and FinOps Practitioners to adopt. This version adds new Columns that deepen support for billing data generated by cloud service providers, giving Practitioners the ability to do more granular, multi-vendor analysis. The community can expect incremental releases roughly twice per year over the next several years as the Specification is expanded to support SaaS datasets and other technology

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Breaking Ground on Better Payment Processes: Strategies for Construction Pros

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

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Using LinkedIn to Drive $500K+ in CAS Services w/Roman Villardd

Jetpack Workflow

Podcast Summary In this episode of Growing Your Firm, host David Cristello welcomes Roman Villard, CPA , founder of Full Send Finance and co-founder of Full Send Design. The conversation kicks off with a focus on the importance of consistency in achieving success across various endeavors, including social media and business. Roman shares insights from his experiences on LinkedIn, where his consistent efforts have significantly increased awareness of his brand and services over the past year and

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Taxpayer Advocate criticizes IRS move to shorten third-party notice requirements

Accounting Today

National Taxpayer Advocate Erin Collins is objecting to proposed regulations that would enable the IRS to shorten its notice requirements from 45 days to as little as 10 days.

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A Strategic Guide to Boosting Business Efficiency with AP Automation

Compleatable

In today’s competitive world, businesses are constantly looking for ways to improve how they work, and accounts payable (AP) automation is a real game-changer. By automating the time-consuming process of handling invoices, payments, and procurement workflows, organisations can save time, cut costs, and gain clear insights into their financial operations.

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Top ProAdvisor Profiles: Stephanie Elia

Insightful Accountant

This week's Top ProAdvisor Profile focuses on Stephanie Elia of Elia Business Services of South Easton, Massachusetts.

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The 2024 Best Firms for Young Accountants

Accounting Today

A look inside the 10 best places to start a career in accounting.

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Managing Client Expectations for Rate Changes in the New Year

Enterprise Recovery

As the new year approaches, businesses often must adjust their rates. These changes could be driven by factors such as inflation, increased operational costs, or the need to invest in new technologies and services. For B2B companies and SaaS providers, staying competitive and maintaining high service standards often require periodic rate evaluations.

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The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

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10 Questions To Ask When Choosing A Tax Preparer

Ace Cloud Hosting

Tax season is approaching, and it is quite obvious that taxpayers are looking for a tax preparer.

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Be Afraid, Be Very Afraid - Find-A-ProAdvisor Referral Scams

Insightful Accountant

ProAdvisors with exposed profiles need to be on the lookout for potential scam referrals.

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KPMG trims US audit staff by 4% to counter low turnover rate

Accounting Today

The Big Four firm has cut roughly 330 people from its U.S. audit business to combat near historic low employee turnover rates.

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How to Optimise Payroll for Restaurant Staff and Shift Workers

Counto

How to Optimise Payroll for Restaurant Staff and Shift Workers Managing payroll effectively is crucial for restaurant owners, especially when dealing with restaurant staff and shift workers in Singapore. Optimising payroll helps reduce labour costs while ensuring staff are compensated fairly. Here are practical strategies to help you optimise payroll in your restaurant operations. 1.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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Best DocuClipper Alternatives for Document Processing

Nanonets

DocuClipper is an OCR-powered financial document processing tool that converts bank statements, credit card statements, invoices, receipts, and brokerage statements into Excel, CSV, or accounting software-ready formats. The software stands out for its ability to handle even poor-quality documents while maintaining high accuracy in data extraction. DocuClipper helps you: Match and check bank transactions Organize your transactions into categories Makes data entry quick and painless Handles poor-q

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Paycheck Taxes Not Computing

Insightful Accountant

When processing payroll using QuickBooks Desktop you notice that the paycheck taxes are not computing (at all or correctly). Murph takes you through a simple steps to return paycheck tax computation to normal.

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Keeping an eye on DEI

Accounting Today

As the conversation around diversity, equity and inclusion evolves, firms find themselves in a complex dance where the music occasionally skips a beat.

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Building Customer Loyalty Through Accurate Invoicing as an Online Seller

Counto

Building Customer Loyalty Through Accurate Invoicing as an Online Seller In the competitive landscape of online selling, cultivating customer loyalty is essential, especially for small business owners in Singapore. With numerous transactions occurring daily, it can be easy to overlook key elements that significantly impact customer relationships. One of the most critical aspects is your invoicing approach.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

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Automated AP Drives Higher Job Satisfaction

AvidXchange

Are accounts payable (AP) professionals happy at work? That’s the question AvidXchange and the Institute of Finance & Management (IOFM) set out to answer in our 2024 Accounts Payable Career Satisfaction Survey. The survey, summarized in the 2024 Accounts Payable Career Satisfaction Report , found that access to technology like automation tools enhances career satisfaction for AP staff.

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Top Klippa alternatives for streamlined document processing

Nanonets

Klippa DocHorizon might be on your radar if you’re looking to automate your document processing. This AI-powered platform transforms your documents — from invoices and receipts to complex business forms — into usable data. What makes Klippa stand out is its comprehensive approach to document automation. The platform doesn't just read your documents; it understands the context.

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Master's programs hit five-year peak in application growth

Accounting Today

Nearly three-quarters of U.S. masters of accounting programs reported application growth, according to a report by the Graduate Management Admission Council.

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Manage Your Cash Flow with DSO and DPO

oAppsNet

Cash flow is the lifeblood of any business. Without effective cash flow management, even the most profitable companies can struggle to cover expenses or miss out on growth opportunities. Two essential metrics for managing cash flow are Days Sales Outstanding (DSO) and Days Payable Outstanding (DPO). By mastering these metrics, you can clearly understand how well your business is collecting payments and handling its payables, empowering you to make informed financial decisions.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Why Accrual Basis Accounting Matters for Singapore SMEs

Counto

Why Accrual Basis Accounting Matters for Singapore SMEs For SMEs, the importance of maintaining accurate, compliant financial records cannot be overstated. Singapore’s business environment is highly regulated, with strict requirements for financial reporting and compliance that make the accrual basis not just beneficial but essential for SMEs.

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The Complete Guide to 3-Way Matching in NetSuite

Nanonets

Vendor bills are a critical part of AP workflows - the final document in an AP process that specifies how much you need to pay a vendor for a purchase. Getting a vendor bill payment right is important - to ensure accurate payments, prevent fraud, and streamline AP workflows. However, even a simple vendor bill payment requires multiple checks and approvals before it can be processed.

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Tech news: Sikich rolls out AI studio

Accounting Today

Plus, Thomson Reuters integrates AI CoCounsel with tax solutions; Sovos introduces 1099 Professional solution; and other accounting tech updates.

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13 Best Accounts Receivable and Accounts Payable Software

Invoicera

Effective management of cash resources is one of the most critical success factors in any organization. For many companies, managing accounts receivable (AR) and accounts payable (AP) is a constant challenge, with delayed payments, manual errors, and lack of real-time visibility causing significant disruptions. A study by Atradius revealed that 48% of B2B invoices in the U.S. are paid late, impacting the financial health of businesses.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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The Impact of E-commerce Growth on Transfer Pricing for Online Sellers in Singapore

Counto

The Impact of E-commerce Growth on Transfer Pricing for Online Sellers in Singapore As e-commerce continues to thrive, online businesses in Singapore face growing challenges when it comes to transfer pricing. In this digital age, adhering to transfer pricing regulations has become essential for businesses to ensure compliance and avoid penalties. This post will delve into how e-commerce growth is reshaping transfer pricing for online sellers in Singapore and highlight the best practices to remai

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Top 10 Super AI Alternatives for Document Processing

Nanonets

Super.AI is an Intelligent Document Processing (IDP) platform that harnesses the power of Large Language Models (LLMs) to extract data from any document with guaranteed accuracy.  By offering access to the latest AI models and an on-demand human-in-the-loop (HITL) review through its Data Processing Crowd, Super.AI ensures high-quality results, supporting businesses in generating precise, labeled data essential for training AI models across various industries.

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Firms plan to raise fees next year

Accounting Today

Over half of accounting and tax firms plan to increase fees across all services in 2025, according to a new survey.

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The Best B2B Dispute Management Tools of 2024

Gaviti

Whether due to error, financial trouble or the non-delivery of goods or services, disputes are unavoidable in the world of accounts receivable. Traditionally, they are managed through a lengthy, tedious manual process that lacks visibility into the process in real time. As companies scaled and these disputes increased, however, businesses started to turn to dispute automation for a more efficient dispute management process for collections and dispute management.

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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.