Accounting Insight

MAY 11, 2022

True cloud accounting software provider iplicit has today (11 May) launched its Automation Centre feature at Accountex. Enabling organisations to increase efficiency, reduce human error, eliminate manually intensive processes, the iplicit Automation Centre can save accounting and finance teams hundreds of hours every month.

accounting software 69

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Going Concern

MARCH 16, 2023

Accounting Today has published “ The 20 biggest problems for firms in 2023 ” and no one will be surprised to find out that the war for talent ranks #1 among the firms AT surveyed. ” Raising salaries to levels that would put accounting back in the game as an attractive major to students is indubitably a hardship for firms.

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Ryan Lazanis

APRIL 10, 2022

In this guide, I’m going to outline what the future of accounting looks like for accounting firms and how to best prepare for it in 2022. So if you’re looking to improve your firm in 2022 and keep yourself on the cutting edge of accounting, you’ll love this new guide. Future of Accounting Table of Contents.

Account 111

Account accountant accounted Technology 111

CPA Practice

MAY 28, 2024

The event included two days of educational sessions with topics such as how to be truly connected to your clients, evaluating trending technologies, optimizing your firm’s tech stack, creating an IRS WISP plan, mastering accounting firm security, best practices for working with the IRS, and much more.

Technology 59

Technology accounting firms tax preparation Education 59

Xero

FEBRUARY 15, 2023

Technology advancements are continuously reshaping not only the way we work, but fundamentally how we operate across nearly every industry. Responsible data use By 2025, individuals and companies around the world will produce an estimated 463 exabytes of data each day. Take smart contracts, for example.

Technology 83

Technology accounting and finance Finance Education 83

Going Concern

SEPTEMBER 22, 2023

Here we are again talking about the accountant shortage. Mark Maurer at Wall Street Journal wrote today about a young man named Omer Khokhar who realized after six years in accounting that he was done. The article title: “Job Security Isn’t Enough to Keep Many Accountants From Quitting.” ” Ruh-oh.

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CPA Practice

FEBRUARY 7, 2024

Every year, millions of businesses and other entities have a mini tax season before the real tax season, and many turn to their accounting firm advisors or tax professionals for help. Avalara has more than 2,000 accounting firms that use their system to electronically file these forms on behalf of their clients.

Technology 123

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Shay CPA

NOVEMBER 14, 2023

The state of New York offers some serious tax perks for tech startups operating within its borders. Specifically, if you can get certified as a qualified emerging tech company (QETC), you and your investors can claim some meaningful credits to lower your tax liability. So, does your startup count as a QETC? Let’s dig in.

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New York Technology corporation tax Delaware 52

CPA Practice

DECEMBER 11, 2023

A Top Technology Initiative Article – Dec. As we enter 2024, it’s natural to wonder what the future holds for this transformative emerging technology, especially for accountants. As we enter 2024, it’s natural to wonder what the future holds for this transformative emerging technology, especially for accountants.

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ThomsonReuters

JANUARY 4, 2024

Jump to: Utilize short-term staffing solutions Incorporate AI and automation into your workflow Become a strategic advisor As accounting firms usher in 2024, it’s important to take a fresh look at the business landscape — both its challenges and its opportunities — to best prepare for the year ahead.

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Accounting Insight

MARCH 3, 2023

As digital transformation continues to accelerate the evolution of tax and accounting, the players who expedite their embrace of these six tech trends will have an early mover advantage. Our more progressive clients understood the opportunities presented by cloud technology and were already prioritizing their transition.

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ThomsonReuters

MARCH 9, 2023

Tax and Accounting professionals, listen up! This one-stop-shop can help make life easier by providing comprehensive resources so you can stay ahead of the game in today’s ever-changing world of tax and accounting. Expanded health insurance subsidies are extended through 2025. Enter: Thomson Reuters Tax Season Toolkit.

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CPA Practice

MARCH 6, 2024

Propense.ai , a SaaS platform using AI technology to improve client service and drive cross-selling revenue for professional services firms, has raised $3 million in its first round of seed funding led by Harlem Capital. Combining AI technology with data science, user psychology, human behavior, and industry insights, Propense.ai

B2B 52

B2B Technology Legal Tennessee 52

Going Concern

APRIL 19, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. The Big Four accounting firm is considering adding about 85 U.S.

cpas 91

cpas accounting firms Account accountant 91

CPA Practice

FEBRUARY 9, 2023

AuditClub, the Audit Service Center, and AuditFile, developer of the award-winning cloud-based audit automation platform, will collaborate to combine audit technology with fractional auditors to ease the challenges faced by CPA firms and internal audit teams in performing audits and reviews.

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Xero

NOVEMBER 27, 2023

Accountants and bookkeepers, join us for Xero Summer Series Get ready to soak up the summer vibes at the Xero Summer Series – a new event that promises to set the stage for success in 2024. As we await the return of Xerocon Australia in 2025, the Xero Summer Series promises to start your year off with a fresh perspective.

bookkeeping 96

bookkeeping Technology Gaming Start-ups 96

PYMNTS

OCTOBER 30, 2019

Similarly, the SaaS-based expense management market will register a CAGR of 8 percent between 2018 to 2025, with the global market size reaching $43.5 The new Workflow Spend Playbook highlights the latest solutions, including automation and artificial intelligence (AI), that are helping SMBs keep drivers and workers operating smoothly.

Expense Management 41

Expense Management Technology audit Spend Management Solutions 41

Accounting Insight

JANUARY 8, 2024

Owning an accounting firm isn’t just about the bottom line — it’s also about people. Keeping your employees happy is always a priority for firm owners, but it’s even more critical now as the world faces an unprecedented accountant shortage. When you’re considering a tech solution, don’t only look at features and functionality.

Technology 52

Technology accounting firms audit Account 52

ThomsonReuters

FEBRUARY 9, 2024

Societal concerns: The act underscores broader societal concerns about income inequality and corporate accountability, urging tax firms to engage in discussions aligned with financial goals and ethical responsibilities. Also, the act addresses the use of optical character recognition (OCR) software. What does this mean for my firm?

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Tax tax return Technology income tax 110

TaxConnex

APRIL 28, 2022

Technology hasn’t just made interstate selling easier. In many ways, virtual audits are just like traditional audits, except audit activity takes place remotely and digitally,” reads the blog of the accounting consultancy Floqast. Virtual audit is a real threat. It’s also changed auditing. Virtual audits?can

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CPA Practice

NOVEMBER 9, 2023

Thomson Reuters, a global content and technology company, has added several updates to its suite of tax, accounting and audit products, it announced at its annual customer event, SYNERGY. Automating tax and audit workflows “Tax industry professionals struggle with the increased pace of regulatory change and hiring challenges.

Technology 52

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Cherry Bekaert

APRIL 9, 2024

There are tangible business benefits to measuring and reporting emissions,” says Gabriela Payne, Senior Manager, Risk & Accounting Advisory Services. Timeline for Compliance: Prepare for Reporting on 2025 Activities in 2026 Impacted companies will need to begin reporting in January 2026.

California 52

California Technology Manufacturing Transportation 52

PYMNTS

NOVEMBER 27, 2019

Consumer payments have increasingly shifted toward digital methods, but accounts payable (AP) departments and B2B payment processes have remained dependent on cumbersome, paper-based practices. This could shift, however, as more AP professionals and business leaders realize automation’s potential return on investment (ROI). .

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AP Automation Technology accounts payable B2B 64

PYMNTS

FEBRUARY 26, 2020

Many are turning to enterprise resource planning (ERP) tools with accounts payable (AP) automation to harness both solutions’ abilities and level up their businesses’ values. Bringing AP automation to ERP offerings enhances working capital management, reduces operational costs and improves productivity. billion by 2025.

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AP Automation Technology accounts payable AP Processes 83

PYMNTS

DECEMBER 7, 2020

Digital B2B payments innovations as diverse as machine learning (ML) automation, cloud-based enterprise resource planning (ERP) systems and virtual cards are gaining unprecedented traction as businesses move to build sustainable B2B payments operations outside of th e office. About The Playbook.

Spend Management Tools 107

Spend Management Tools B2B accounts payable Spend Management 107

Reckon

SEPTEMBER 27, 2023

But what should we expect in 2024 from this game changing tech ? For those businesses looking for greater analysis of their own enterprise data, or smarter integrations and automation (especially where IP concerns and privacy are at stake) we’re expecting to see massive investment in bespoke AI. trillion annually by 2025.

Technology 52

Technology Gaming Start-ups Government 52

Going Concern

JANUARY 12, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. And take our 2024 Predictions for the Accounting Profession survey ! Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. in 2021/22.

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Xero

NOVEMBER 27, 2023

Accountants and bookkeepers, join us for Xero Summer Series Get ready to soak up the summer vibes at the Xero Summer Series – a new event that promises to set the stage for success in 2024. As we await the return of Xerocon Australia in 2025, the Xero Summer Series promises to start your year off with a fresh perspective.

bookkeeping 52

bookkeeping Technology Gaming Start-ups 52

PYMNTS

SEPTEMBER 23, 2020

Volante Technologies Inc. , In addition to payments, the application programming interface (API)-enabled platform includes analytics, liquidity management, virtual accounts and payments. Uday Thakur , Volante’s chief technology officer, said it’s a two-way street. the FinTech software company, announced Wednesday (Sept.

Technology 60

Technology accounting and finance Finance Account 60

CPA Practice

JANUARY 16, 2023

As Michelle Lubbe works toward the online Master’s of Accounting (iMSA) from the University of Illinois at Urbana-Champaign, she instantly puts what she learns to the test. “On In 2020, the World Economic Forum predicted a decline in accounting jobs by 2025. Accounting positions remain in demand, even in the current job market.

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PYMNTS

JULY 5, 2017

For a chief financial officer (CFO), having technology — from ERP systems to cloud accounting and cash forecasting tools — has become paramount when deploying a successful growth strategy. “With cloud technology, you take away the barriers of traditional enterprise infrastructure.

Technology 52

Technology audit accounting and finance Maine 52

ThomsonReuters

JANUARY 20, 2023

New paths for audit talent It isn’t news that the rise of technology caused dramatic changes in the audit profession. In the early days of auditing, firms sought candidates who had strong accounting and math backgrounds. Now more than ever, clients are generating electronic data that is complex and constantly changing.

audit 59

audit auditor Technology CPA 59

Snyder

DECEMBER 14, 2022

We know that technology makes our lives easier , but AI elevates it to another level. Multiple technologies are being developed to teach computer systems: Planning Comprehending Learning from experience Recognizing objects Making decisions Solving problems. Find out how AI powers up finance management for SMBs and accountants.

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Technology accounting and finance Start-ups Healthcare 129

PYMNTS

NOVEMBER 10, 2020

Where the tech is available, as noted by the Dallas Morning News, Verizon has a much quicker 5G network (due to using millimeter wave technology) but that tech is live in 36 cities. When it comes to 5G, there’s the anticipation of a tipping point – but the tipping point is somewhere off on the horizon. speeds were 1.8

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Technology Start-ups Government Account 89

PYMNTS

JULY 25, 2019

The latest Digital Fraud Tracker explores why fraudsters are still relying on phishing as a major strategy even as they increase their use of new technologies and techniques. Globally, it is set to increase 20 percent between 2019 and 2025. Much of the problem stems from the rush to adopt new technology. Humans as Weak Links.

Technology 69

Technology Gaming Account accountant 69

MineralTree

DECEMBER 29, 2022

Financial digital transformation is the process of leveraging technology to improve financial operations. This includes automating processes and streamlining data collection, storage, and reporting. Yet only 12% of companies have their AP and AR functions fully automated. What is Financial Digital Transformation?

AP Automation 52

AP Automation Technology accounting and finance audit 52

Going Concern

MAY 24, 2024

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. ICYMI: Here are the five most-read posts on Going Concern this week.

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