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How Accountants Can Help Clients Navigate the New World of E-Invoicing

CPA Practice

In the midst of the accounting profession entering a brave new world where digitization of tax and accounting processes is increasingly the norm, it should come as no surprise that the humble invoice is now in the crosshairs of governments around the globe, including the U.S. By Alex Baulf. mandatory, conditional or optional data?

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Heightened geopolitical tension in 2024 will result in rising invoice fraud

Accounting Insight

The rise of invoice fraud will prompt closer collaboration between finance and security teams. To help this collaboration, businesses should take steps such as implementing AI and automation tools to detect any suspicious activities or anomalies within the Accounts Payable (AP) process.

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Financing Gets Flexible As eCommerce Sellers Brace For Seasonality Whiplash

PYMNTS

And the surge in eCommerce isn't isolated to the B2C world, either: as social distancing requirements and shutdowns migrate corporate buyers online, wholesalers, distributors and other B2B vendors are likely to face a similar holiday boon this year to fulfill rising customer demand. "But Small Business, Big Challenges.

Finance 142
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Marketing for accounting firms: individuals vs. small businesses

ThomsonReuters

the potential market available to tax and accounting firms is massive. How to market tax and accounting services. People search online for products and services, including accounting services. A better approach is to build a reputation as an accounting expert. With more than 144.3 million individual taxpayers and 31.7

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B2B Payments Forging New Paths With B2C Tools

PYMNTS

Intuit has just announced a host of partnerships that integrates financial services from B2C payments giants into the QuickBooks small business accounting platform. Part of that evolution, Pai told PYMNTS, is that traditional trend of B2B payments following B2C’s path. Canada, U.K.

B2C 77
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Wielding SaaS’s Revenue Predictability For Faster Financing

PYMNTS

But even with predictable income, cash flow management can be a challenge for any Software-as-a-Service (SaaS) company, and according to Pipe Co-founder and Co-CEO Harry Hurst , current financing options for SaaS firms remain less than ideal. Couple that with the cost of customer acquisition, and the need for external financing can spike.

Finance 56
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How Privacy Guides Virtual Assistants’ Evolution In Corporate Finance

PYMNTS

Prophix is another company that recently rolled out its own addition to the B2B virtual assistant space, having launched its Virtual Financial Analyst for middle-market finance departments. Virtual assistants allow for finance professionals to interact with the technology in a conversational, human way. Balancing Risks. in particular.

Finance 55