2019

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What makes a great accounts payable team leader

AP Association

The team leader is at the heart of the AP department and if they are not great at all aspects of their job, they have little chance of successfully leading a cohesive AP team. Whatever the size of the business, accounts payable is always going to be an integral part of it, and without a capable person at the helm to lead the team, accounts payable overall as a department is not going to flourish in the way it could.

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Will Your Business Disrupt—Or Be Disrupted?

Sage Intacct

“Digital transformation” may sound like a buzzword, but the drivers behind it are very real. In an era where technology is reshaping businesses and industries, companies that harness technology can reap big advantages over those that don’t. Businesses must first determine how to adapt their businesses for the digital age and then put technology to work to bring these changes to life.

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AWS Cost Optimization: Top 5 AWS Cloud Cost Mistakes

CloudZero

What if we told you that most organizations are making simple AWS cost optimization mistakes that lead to surprising monthly cloud bills and unnecessary overspend? As an engineer, you’d probably be relieved to know that many of your organization’s AWS spending spikes are within your team’s control, given access to the right data.

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How Automation is Changing Financial Services – SAP Business Entity Recognition

SAP Accounts Payable

By Ivona Crnoja and Nik Sacher. New artificial intelligence technologies are in the process of fundamentally transforming the financial services market. Over the past years especially the financial sector has recognised the economic benefits of artificial intelligence – gaining new insights from existing data to optimise credit decisions and improve financial risk management, automating business processes that previously only worked with manual human intervention and improving the customer

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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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HOA Management Tech: 6 Can’t-Miss Solutions to Improve Efficiency

AvidXchange

Multitasking is mandatory for community association management groups charged with managing finances and maintaining properties while handling owner issues and communicating with their boards in a timely manner. This vast range of responsibilities can make it easy to lose sight of the ultimate goal: growth. Here are six technology solutions for community association management companies that can create efficiencies by automating and offloading many of those manual tasks, giving managers more tim

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Season’s Greetings from Acton Accounting and Bookkeeping Inc.

Acton Accounting & Bookkeeping

Happy Holidays from Acton Accounting and Bookkeeping Inc. Wishing you a joyous and safe holiday season, and a happy New Year 2020! We would like to inform our clients that our office will be closed on December 24, December 25, December 30, and December 31, 2019, as well as January 1, 2020. If you require our services for filing your 2019 T1 personal tax returns in the spring, please remember to forward your documents and/or book your appointment with us ASAP.

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Receipt Bank Exchange Australia is back for 2020

Dext

Receipt Bank Exchange Australia is back! Last year, we took a select group of accountants and bookkeepers on an exclusive three-day retreat. In between tours of the Daintree rainforest and sunset cruises, we were treated to talks by co-founder Alexis Prenn and keynotes by world surfing champion Layne Beachley.

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Sep 26, US & Canadian Bookkeeper News and Handy Reference Page

Bookkeeping Essentials

The Bookkeeper News and Reference Page is for the hard working, self-employed business owner. Find U.S. and Canadian small business news.

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The Cost of Patient "Disloyalty" to Health Systems

MediRevv

Patient loyalty factors into a lot of decisions that healthcare leaders are making, but are those investments misplaced? It’s common knowledge in business that it is much more cost-efficient and easier to retain a current customer than go get new ones.

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Ep. 38: Steve McNally - Business Transformations

IMA's Count Me

Steve's Articles: [link] [link] FULL EPISODE TRANSCRIPT Adam : (00:00) Hey everyone, this is Count Me In, IMA's podcast about all things affecting the accounting and finance world. I'm your host, Adam Larson and I'd like to welcome you back to another episode filled with valuable insight from an industry leader. Steve McNally is a CFO, board director and thought leader who joined Mitch to talk about business transformations.

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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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6 Tips for Accounts Payable Interview Success

AP Association

If you’ve recently lost your job , or are looking for a new role, and you have finally been able to get an interview at a great company, in the accounts payable department, and now it is time to prepare yourself. Preparation really is the key to success, especially when it comes to interviews. If you have some pre-thought out answers up your sleeve, you won’t feel put on-the-spot when a difficult question comes up.

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3 Experts Advise on How to Integrate Salesforce CPQ with Cloud Financials

Sage Intacct

As firms purchase Salesforce CPQ to bring efficiency and controls to their quoting process, they look for ways to streamline entering order information into their financial system. Particularly with land-and-expand subscription business models, they need to track upsells and renewals against the performance obligations from the original sale, in order to track and increase CLTV.

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The King is Dead, Long Live the King! AWS Savings Plans Shake up the Cloud Cost Optimization Industry

CloudZero

Last week, Amazon announced the end of the reserved instance, commonly known as the “RI”, with the announcement of their new replacement, “ AWS Savings Plans ”. Amazon has been dropping hints for a while that they were heading in this direction, in particular their September announcement stating that all instance type limits would now be based on vCPUs, a move which laid the groundwork behind the scenes for savings plans and most likely a whole lot more that we have yet to see.

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DME-ACH IAT format

SAP Accounts Payable

Payment files are generated using Automatic Payment Programs. These files are then encrypted and transferred to the bank. ESB picks up these payment files from SAP folder and shares the same with the bank through MIM job. Bank reads the payment files only in format specified by the bank itself. DME stands for “Data Medium Exchange.” To use DME, payment medium workbench is used.

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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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Making the Case for Better B2B ePayment Processing

AvidXchange

New fintech trends are constantly emerging. This can make it difficult to determine which ones are necessary and which are simply “nice to have.” But as businesses begin to scale for growth and eliminate paper, automated bill payment software and e-payments are proving to be essential for a simple, swift and secure payment pipeline. Why Businesses are Hesitant to Implement E-Payments Businesses are hesitant to automate for a handful of reasons.

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Should you buy Bill.com stock?

Cloud Accounting Podcast

Sponsors OnPay: [link] OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer! Show Notes 01:59 – What’s in a name? Ask Richard Kopelman , CEO of Aprio | Aprio 04:07 – The U.S. can’t seem to tear itself away from using paper checks, but Australia can!

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Hire the Right Bookkeeper for Your Startup Company

Billah and Associates

What is the right time to hire a bookkeeping service provider? Preferably, you need some experienced personnel to handle your financial day-to-day tasks immediately after you start your new business. Having a professional bookkeeper can ideally help you concentrate on running and developing your startup and focus more on what you are best at. Yes surely, bookkeeping can be managed without the need of having an external team of bookkeepers.

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What’s New In Receipt Bank: May 2019

Dext

Ready for what’s new in Receipt Bank? This month, we brought the full power of Match and Missing Paperwork for Sage users, released Bank Accounts and made the look and feel of line items just that little bit better.

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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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Aug 26, Meals with Wife | CRA

Bookkeeping Essentials

Can I claim meals with my wife as a business deduction? We talk about the business at some point during the meal.

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Updates in Price Transparency Include Hardwired Care Coordination

MediRevv

CMS Administrator Seema Verma recently announced the proposed calendar year 2020 Physician Fee Schedule. This plan has overhauled the way physicians are paid to help address the growing number of patients who have multiple chronic diseases.

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BONUS | Dennis Whitney - CMA Exam and Certification

IMA's Count Me

IMA: [link] CMA: [link] Exam Changes: [link] FULL EPISODE TRANSCRIPT Mitch : (00:05) Welcome back for another bonus episode here on Count Me In, IMA's podcast about all things affecting the accounting and finance world. A major consideration for accounting and finance professionals today is certification and continuing education related to their jobs and responsibilities.

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Interview Guidance for Accounts Payable Professionals

AP Association

In this career article we provide clear guidance on all aspects of an interview, covering preparation for, travelling to, what to do during and what to do after the interview… Finding jobs to apply for Finding any “old” job to apply for is not too difficult but finding the perfect job, well, that can be a lot more challenging! There are many ways to find AP related jobs; these include recruitment agencies, newspapers and magazines, social media and the best way of all through the APA jobs li

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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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Ready, Set, Grow: Future-Proof Your Business with Cloud-Based Financials

Sage Intacct

Technological change is accelerating at a frenetic pace—and with dramatic impact. It’s reshaping customer expectations, employee requirements and attitudes, and disrupting business practices, models and entire industries.

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Make These Three Architectural Changes to Optimize Cloud Costs

CloudZero

Cloud costs can come with significant sticker shock, especially since many businesses do not have an easy way to track or predict actual cost before the bill arrives. However, there are several architectural changes that businesses can make that will help rein in cloud spend. In some cases, optimal engineering decisions should be made up-front, while in other cases certain areas should be monitored over time to identify opportunities to retool architecture and optimize cloud costs.

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5 Easy Steps to Add New Line Item Fields to FBL1N

SAP Accounts Payable

Introduction: A common request from users of FBL1N (Vendor Line Items) is to include additional columns of data in the “Column Set” that can be selected when creating or maintaining a line layout variant. These requests come when neither the base list nor the special fields list have the data needed; i.e., user needs data from another table.

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The Future of the CFO

AvidXchange

The role of the CFO is continuously evolving. While leading financial planning and risk management for their organizations remains paramount, today’s CFOs are also taking on a more strategic role in keeping the business ahead of its competition. Not everyone is prepared for this shift. A study conducted by Forbes and KPMG found that a third of CEOs believe their CFO lacks the right skills to support strategic planning.

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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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CPA licensure evolves at an evolutionary pace

Cloud Accounting Podcast

Sponsors OnPay: [link] OnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer! Show Notes 01:57 – The gentlemen discuss a big reveal at the Digital CPA Conference – a proposed revamping of the CPA licensure model and what it could mean!

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Advantages of Using Bookkeeping Service for Your Business

Billah and Associates

Should you Hire a Bookkeeper or Accountant? Owning a huge enterprise and running it smoothly are two completely different concepts. Even if you are lucky enough to have a huge amount of capital and plenty of loyal customers, you would not be able to take it forward without efficient bookkeeping skills. 5 Top Advantages of Using Bookkeeping Service for Business Bookkeeping is an inseparable part of a business and every entrepreneur should be aware of it.

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That’s A Wrap! 6 Highlights of Receipt Bank Exchange Australia 2019

Dext

This year, Receipt Bank did a company-first. We took a select group of Australian partners away from their desks for an immersive learning experience, to share best practices to help them continue to build their firms. The experience took place at the Sheraton Grand Mirage Resort in Port Douglas for three days.

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Aug 24, Plooto Workflow | QBO Integration

Bookkeeping Essentials

Automate sending and receiving payments online with a Plooto workflow. Seamlessly integrates with QBO. Dual stage authorization. $25 per month monthly fees introduced effective August 31, 2019.

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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.