AccountingDepartment.com Introduces A New Role: Accounting Manager

AccountingDepartment

AccountingDepartment.com is the leader in outsourced accounting, bookkeeping, controller, and advisory services. company culture, accounting trends accounting industry company news culture

Oracle Streamlines Corporate Bank Account Management

PYMNTS

The company announced Tuesday (July 24) that its Oracle Banking Virtual Account Management solution is now available to corporate banks. The solution aims to simplify banking for businesses with multiple bank accounts in multiple currencies. The tool provides virtual account management (VAM) — a non-physical account used by corporations to manage working capital.

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PSCU Names Two New Account Management Execs

PYMNTS

PSCU, one of the nation’s premier Credit Union Service Organizations (CUSO), has named two new account management executives, as part of what the company calls its continued commitment to delivering a best-in-class experience, according to a press release. Yvonne Stelpflug and Kim Ploof have both been named as managing vice presidents of account management.

Wirecard: Internal Investigation Clears Accounting Manager

PYMNTS

Wirecard, a German payments company, said an internal investigation has cleared its Asia-Pacific accounting manager who was accused of faking transactions to boost revenue numbers. Citing internal documents, FT reported that a senior executive at Wirecard was suspected last year of using forged and backdated contracts in a series of suspicious transactions, which raised concerns about the accounting integrity of the company.

What to include in the preparation of monthly management accounts?

Wellers Accounting

Joe Lennon FCCA highlights the different reporting elements and benefits of management accounts.

SMBs Say Banks Don’t Appreciate Their Business

PYMNTS

Small businesses represent a challenging, but lucrative, customer segment for banks that need to balance customers’ desire for high-touch service with the realities of managing the cost of service,” Bob Neuhaus, Vice President, Financial Services at J.D. And banks that provide an account manager score higher on the satisfaction scale. In fact, overall satisfaction is 112 points higher among SMBs who have been assigned an account manager than among those who do not have one.

National Accounting Day 2022

Lockstep

This week, we are celebrating the success of our wonderful customers, because accounting teams are the backbone of every business. Even more so, without the organization and fortitude of the accounts receivable (AR) teams, cash flow would be a “cash trickle.” .

TSYS Continues Payment Agreement With Tesco Bank

PYMNTS

million accounts and policies to customers for retail banking. TSYS has proven itself as the right partner for Tesco Bank as we continue to look for new and innovative ways to grow and improve our credit card business,” said David McCreadie, managing director at Tesco Bank. TSYS will continue to provide full customer account management services on its TS2 platform.

How to Provide "View-Only" Business Account Access to Your Outsourced Accountant

FusionCPA

Accountants and bookkeepers are responsible for recording, organizing, and analyzing your business transactions. Most accounting institutions recommend that businesses pay invoices and receive payments directly through their banks.

Top 16 Benefits of Automated Accounting

Accounting Seed

When you automate accounting with software such as Accounting Seed, routine accounting tasks get done faster and more accurately. That frees up human accountants for higher-level analysis. What is Accounting Automation? Accounting Reimagined.

Common Accounting Mistakes: Government Edition - Issue #10 Indirect Rate Calculations and Associated Risks

SMBAccountant

As part of any cost accounting management system, rates are determined in order to apply costs that are not directly related to a product or service. Rate changes can also effect management of overspending on contracts. Indirect rates are not exclusive to government contractors.

[Webinar] Employee Retention Credits: Qualifications, Benefits & Refunds

KROST

Join Jason Melillo, CPA (Principal – Accounting, ERTC) and Jeff Kamin, CPA (Manager, Accounting, ERTC) as they host a webinar on Employee Retention Tax Credits (ERTC) on Wednesday, February 10th at 9:30AM PST. Jeff Kamin, CPA, ManagerAccounting.

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Common Accounting Mistakes: Government Edition - Issue #10 Indirect Rate Calculations and Associated Risks

SMBAccountant

As part of any cost accounting management system, rates are determined in order to apply costs that are not directly related to a product or service. Rate changes can also effect management of overspending on contracts. Indirect rates are not exclusive to government contractors.

Significant Changes to the Economic Injury Disaster Loan (EIDL) Program Announced by the SBA

KROST

Once you have been approved, log into your SBA account on the portal (Do not apply for another loan), verify additional eligibility, and submit a loan modification to receive up to $2 million.

Common Accounting Mistakes: Government Edition - Issue #4 Documentation to Prove It!

SMBAccountant

What documentation do you have that proves all purchases are approved by a supervisor or manager before they are made? Approved purchase orders provide great supporting documentation for approval of purchases, as well as help accounting manage cash flow and billing. Most accounting software allows attachments to each transaction now. We highly recommend this, so that each accounting entry has the supporting documentation accessible with a couple clicks.

Common Accounting Mistakes: Government Edition - Issue #4 Documentation to Prove It!

SMBAccountant

What documentation do you have that proves all purchases are approved by a supervisor or manager before they are made? Approved purchase orders provide great supporting documentation for approval of purchases, as well as help accounting manage cash flow and billing. Most accounting software allows attachments to each transaction now. We highly recommend this, so that each accounting entry has the supporting documentation accessible with a couple clicks.

[Webinar] Employee Retention Tax Credits: Qualifications, Benefits & Refunds

KROST

Join Jason Melillo, CPA (Principal – Accounting, ERTC) and Jeff Kamin, CPA (Manager, Accounting, ERTC) as they host a webinar on Employee Retention Tax Credits (ERTC) on Thursday, March 4th at 10:30AM PST. Jeff Kamin, CPA, ManagerAccounting.

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[Webinar] Employee Retention Credits: Qualifications, Benefits & Refunds

KROST

Join Jason Melillo, CPA (Principal – Accounting, ERTC) and Jeff Kamin, CPA (Manager, Accounting, ERTC) as they host a webinar on Employee Retention Tax Credits (ERTC) on Thursday, March 4th at 10:30AM PST. Jeff Kamin, CPA, ManagerAccounting.

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Are You Hiring? Maybe Paro Is The Answer.

RitaKeller

Some firms have turned to Paro to obtain experienced tax and accounting skills. Paro is a talent marketplace for US-based accounting professionals (freelancers). “We wanted to create a platform where freelancers could connect with the right client.”

What is Client Accounting Services?

KROST

Did you know that we provide Client Accounting Services (CAS)? CAS can be a cost-effective way to have high-level financial reporting without having to hire a team of Certified Public Accountants and accounting professionals. Client Accounting Services. Wealth Management.

[Second Session] PPP Second Draw Loan Program & the Revised Employee Retention Credit – Eligibility and Process Webinar

KROST

Paren Knadjian ( Practice Leader, M&A, and Capital Markets ), Stacey Korman, CPA ( Principal ), Sossi Bekarian, CPA ( Senior Manager ), and Jeff Kamin, CPA ( Manager, Accounting, ERTC ) hosted a second session on the PPP Second Draw Program & Employee Retention Credits webinar.

BNPL Provider Openpay Launches In US

PYMNTS

The target customers, according to the release, are "finance-savvy and of an older demographic who use Openpay plans as a cashflow management tool.". Michael Eidel , CEO and managing director of Openpay, said in the release that the U.S.

Fueling Retail, Card Innovation With Digital Technologies  

PYMNTS

65.8%: Portion of debit-centric consumers who want card apps to offer easier account management. Livestreaming online shopping is finally gaining momentum in the United States, via an evolving business model from Glamhive.

How Much Does a Bookkeeper Cost?

xendoo

Running a small business is a big job and you may not have the time or experience to manage your own books. There’s no set cost for hiring a professional to manage your business’s finances. Some factors that affect what accountants charge include: . Reconcile bank accounts.

KROST Quarterly Magazine: The Technology Issue, Vol 4, Issue 2, is Now Available!

KROST

The Technology Issue highlights some of the hot topics in the technology industry including Client Accounting Services (CAS), Nonfungible Tokens, the Effect of Upcoming Changes to IRC Section 174 on the Software Development Industry, and more. Kniss, CPA, Managing Principal.

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Top Online Bookkeeping and Accounting Services for 2021

xendoo

Accurate information from bookkeeping is not only necessary to know where your business stands financially at a given moment, but it is also essential for strategy planning, managing cash flow, and predicting profitability. . An online bookkeeping service can help you manage: .

FLEETCOR Buys AFEX To Boost Cross-Border Payments

PYMNTS

The company normally focuses on providing international accounts to businesses underserved by banks.

Finding Bribery and Corruption Schemes

FraudFiles

When fraud happens within an organization’s accounting system, there is often a paper (or digital) trail left behind. They happen almost completely outside the accounting system, so they often don’t leave a paper trail.

[WEBINAR] PPP Second Draw Loan Program & the Revised Employee Retention Credit – Eligibility and Process

KROST

Paren Knadjian ( Practice Leader, M&A, and Capital Markets, PPP Forgiveness ) and Jeff Kamin, CPA (Manager, Accounting, ERTC) will host a free webinar on the PPP Second Draw Program & Employee Retention Credits. Paren and his team at KROST have assisted over 350 entities in procuring, managing and obtaining forgiveness for more than half a billion dollars of PPP, EIDL, and Main Street loans. Jeff Kamin, CPA, ManagerAccounting. Accounting.

Stay Interviews Uncover Staff Concerns, Increase Satisfaction And Lower Turnover

KROST

As featured in INSIDE Public Accounting. To learn more about the successes and missteps that can come with stay interviews, IPA spoke with Chairman of the Board, Greg Kniss of Pasadena, California-based KROST (FY20 net revenue of $57 million) and Yvette Lee, an HR knowledge advisor from the Society of Human Resource Management (SHRM). KROST has been conducting stay interviews for five years and turnover among managers is extremely low.

Spreedly Fills Three Top Roles

PYMNTS

Her prior roles at Spreedly included account manager in the new customer acquisition team and a senior role in the customer success team. Spreedly said it manages $14 billion year in customer transactions.

Content Marketing – Distinguishing your Accounting Business

PANALITIX

Distinguishing your Accounting Business. Content marketing in the in-store sampling for accountants. In Panalitix, we help Accountants to be better at content marketing by following these steps: It’s all about the Message! We encourage accountants to reveal their uniqueness.

Citi Links To Treasurers Via API

PYMNTS

The bank’s API enables treasurers to manage transaction banking activity straight from existing treasury platforms already in use within the enterprise. API technology allows Citi to offer a variety of services in a dramatically different way,” Sultan continued, “and over time Citi will also offer additional functionality, including service inquiries, account management and liquidity services.”. Citi announced Tuesday (Feb.

Southern Glazer’s Rolls Out Business-To-Customer Digital Team

PYMNTS

The team will be tasked with offering programming and promotions, “operational excellence,” category analysis, online content and performance management in eCommerce throughout channels and with digital merchants and beverage alcohol delivery platforms.

Comcast Launches Apple Pay Option For Xfinity Bill Payments

PYMNTS

Comcast has made an update to its Xfinity account management app so that it can soon start accepting bill payments via Apple Pay. of the cable company’s Xfinity My Account app for iPhone, including the new feature. Xfinity My Account is available for free on the App Store. According to 9to5Mac , Comcast says the new Apple Pay bill payment feature is rolling out over the next few weeks, with version 1.24.0

Moving Credit Unions From In The Wallet To Top Of Wallet

PYMNTS

PSCU has named two new account management executives as part of what the company calls its continued commitment to deliver a best-in-class experience. Yvonne Stelpflug and Kim Ploof will both have roles as managing vice presidents of account management. Among the most exciting trends of the last two decades is the evolution of payments from a focus on transactions to a strategic driver of revenue and growth.

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Barclays’ New Luxembourg Branch To Cater To Global Corporates

PYMNTS

The branch, to be led by Snorre Tysland, will offer corporates and financial institutions banking products that include cash management, debt, foreign exchange and trade finance facilities.

Pilot Company, RTS Team On Fuel And Factoring For Fleets

PYMNTS

Clients will be helped with back-office services to simplify documentation, account and sales representatives that speak multiple languages, a bolstered Pilot Company client portal to handle fuel accounts, and a mobile and web account management and credit analysis through RTS Pro.

HSBC Taps Biz2X Platform To Accelerate SMB Credit Approvals

PYMNTS

HSBC Fusion is meant to help with account management, conserving time and funds, according to the announcement. In separate news, HSBC debuted Hong Kong’s inaugural remote business account opening workflow created for SMBs. The firms can open an account anytime and anywhere.

Payments Firm i2c Opens Op Center In Omaha

PYMNTS

The Omaha location will be used, the company said in a release Tuesday , to expand the account management, operations and client services divisions, and will also be the setting of a network operations center. Smart payments and integrated commerce firm i2c said Tuesday that it is opening an operations center in Omaha, Nebraska. That center will be operational during the second quarter of this year.