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Eliminate Manual Work and Accelerate Accounts Receivable

CPA Practice

See how top accounting firms have reduced Days Sales Outstanding (DSO) and saved time by modernizing their payment workflow. Discover time-tested tips for accelerating your Accounts Receivable (A/R) cycle and getting paid faster.

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Accounting firms: your guide to outsmarting the UK talent shortage

Accounting Insight

As the UK recruitment crisis continues to boil, we share ten practical tips to help small accountancy practices attract and retain staff. The Problem 48 %: UK finance leaders concerned about the lack of available finance and accounting talent. [i] ii] 6,500: Financial services accountancy vacancies in 2022, a 20.4%

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Accountancy websites don’t stand out from the competition

Accounting Insight

Almost three quarters of accountancy firms’ websites (72%) do not stand out positively from the competition, according to new research from Moneypenny and specialist marketing agency PracticeWeb. Additionally, the majority (86%) rank average or less for how contactable they are.

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Big Four Seek Guidance On Trade Finance

PYMNTS

Top accountancy firms are asking the Financial Accounting Standards Board (FASB) to clarify how corporates should report on supplier finance programs that are in place, according to Compliance Week reports on Friday (Oct. As the letter notes, U.S.

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New survey shows the receptionist remains essential for business

Accounting Insight

Louise Wilson heads the finance sector at Moneypenny and works with hundreds of financial services businesses – the majority of which employ receptionists to manage front of house client care and call handling. More than 21,000 businesses globally benefit from Moneypenny’s mix of extraordinary people and ground-breaking technology.

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Friday Footnotes: CPAs Need to Get Contemporary; Internal Audit Priorities for 2024; A PwC Comic Book? | 8.30.24

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. In the four-count suit filed Aug. Accountingfly can help!

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New research reveals phone pet peeves costing firms business

Accounting Insight

Louise Walpole heads the finance sector at Moneypenny, which provides telephone answering and live chat support to hundreds of financial services and accountancy businesses in the UK. She said: “People want to talk to people, but poor phone etiquette is a major turn-off, and it’s costing firms business.