Wed.Nov 16, 2022

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7 Ways to Speed Up and Automate Accounts Receivable Communications

Lockstep

In today’s fast-paced, competitive business environment, it’s more important than ever to optimize your accounts receivable (AR) processes. One way to do this is by leveraging automated customer communications as part of your broader accounts receivable automation strategy. Automated communications can help you speed up the collections process and connect with more customers faster.

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FTX Scandal: Fact vs. Fiction

BurklandAssociates

The FTX scandal and crypto winter will help differentiate crypto startups with scalable solutions, proper compliance, and financial discipline. The post FTX Scandal: Fact vs. Fiction appeared first on Burkland.

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It’s time small businesses get the support they need to thrive

Xero

Today, we presented our “ Small business. Big opportunity ” manifesto to the UK Government. In this report, we’ve made some crucial recommendations to deliver meaningful policy support to small businesses – the backbone of our economy. . At Xero, we understand the challenges our small business customers and accounting and bookkeeping partners face. And I’ve met many of you who’ve told me your worries.

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4 Business Challenges That Can Be Solved with Outsourced CFO Services

IgniteSpot

1. Review your business budget. How should you be spending company dollars? Your budget covers expected expenditures for the coming year—or even the quarter ahead—providing a guideline for how to utilize resources. Your CFO is instrumental in assessing your budget, especially as it pertains to reporting and forecasting.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Changes are coming to auto super in Xero Payroll: What you need to know

Xero

From late November 2022, we’re introducing a new safety measure for automatic superannuation (auto super) payments within Xero Payroll. This requirement will see new and existing customers connect an active bank feed to their registered auto super account. . Why? With this added layer of protection, we’re working to provide a safer way for you to process these payments to your employees.

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Amazon vs. Shopify - Which Does Your eCommerce Business need?

Basis 365

It's 2022, so you probably have an eCommerce channel. However, You may have realized that one channel is insufficient to reach your profit margin goals. Omnichannel presence is crucial for your eCommerce business. It is essential to understand the limitations and perks of each platform, as well as the benefits and advantages they offer for your small business and the customer experience.

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Ethical Concerns in Using Tax Planning Software

CTP

What are my ethical responsibilities when I use software to produce a tax plan? In the world of taxes, there are many ethical issues that can come into play. One area that involves judgment and expertise is when it comes to interpreting tax codes for various purposes such as taking deductions or understanding how ambiguous language might apply in certain situations – all while trying not to make any mistakes.

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Future Forward: Key Niche Strategies for Exponential Firm Growth

Intuitive Accountant

Top 100 ProAdvisor Gregg Bossen shows the secrets to gaining more niche-based clients and serving the ones you have more effectively. Sign up for the Dec. 1 webinar.

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Knock, Knock. Is Your Employee There? Tracking Employee Attendance

Patriot Software

Tracking employee attendance can help you reduce employee absenteeism and manage employee benefits like sick leave and overtime wages. There are plenty of reasons to track employee attendance. Read on to learn what is employee attendance tracking and ways to track employee attendance. What is employee attendance tracking? Employee attendance tracking is a way to […] READ MORE.

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The Next Generation of Wisely® by ADP is Here

Intuitive Accountant

The new enhanced digital financial wellness options will help workers better manage their financial lives, and give employers a hiring and retention advantage.

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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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Olympic Esports Week Announced

Withum

Today marked a huge milestone in the evolution of Esports! The International Olympic Committee (IOC) announced that the first Olympics Esports Week will take place June 22 – 25, 2023. This three-day event will be capped by the first in-person live finales of the Olympic Esports Series to be held in Singapore. Who would have thought that collecting rings in “Sonic the Hedgehog” could one day lead to the Olympic Rings?

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Is an Accounting Major Too Hard? A Thread

Going Concern

Is accounting too hard? That is the question posed by Dr. Josh McGowan, CPA on Twitter: Is the accounting major too difficult? At many universities, accounting courses (especially Principles I & II) have some of the lowest GPAs compared to other disciplines. Why? Are we deterring the next generation of accountants or upholding a needed standard?

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2022 Incentive Programs Available to Massachusetts Life Sciences Companies

Withum

Time is of the essence! Are you a non-profit or academic institution with a focus in life sciences? Are you located in Massachusetts? Then you should be reading this article, right now! Application windows for grant programs are quickly closing. You may be eligible for the following programs, administered by the Massachusetts Life Sciences Center: Bits to Bytes.

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Supposedly PCAOB China Inspections Went Well, the Environment Was Not Necessarily Considered

Going Concern

People who presumably aren’t paid by the Chinese government to say “everything is great!” have told Reuters that the PCAOB’s trip to Hong Kong to finally inspect Chinese audit work went pretty well. Reuters : U.S. regulators gained “good access” in their review of auditing work done on New York-listed Chinese firms during a seven-week inspection, four sources with knowledge of the matter said – a key step forward in resolving a long-standing bilateral di

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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

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Tips for Filing a Business Interruption Claim After a Disaster

Withum

The aftermath of a natural disaster can be devastating for all business owners, especially for those in the dealership , restaurant and hospitality industries, and can cause long-lasting interruptions in normal business operations. Business interruption insurance aids the insured in recovering lost income caused by damage to the insured’s property when an unexpected natural disaster hits.

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Our (Early) End of Year Checklist for Skagit County Businesses

SkagitCountyTaxServices

When I think about the holiday season, I think “calm before the storm.” That’s because in my profession, once mid-December hits, we’re scrambling to handle EOY matters. And then when the new year strikes, we’re holding our breath for a few weeks … and then tax season is upon us. We are very “calendar-driven” in the accounting profession.

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On-Demand Webinar: Physician Reimbursement and Investment Planning During These Turbulent Times

Withum

2022 has been a challenging year for physicians and healthcare entities from both an investment and reimbursement standpoint. For the first time since 1969, according to Blackrock , both stocks and bonds have declined at the same time, and over the past few years, physician reimbursements have also declined, compliance rules have changed, high-deductible health plans have been on the rise, and the costs of employing staff to provider services along with coding and documentation audits have incre

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Transparency In Business: Why It’s Important

Summit CPA

Transparency is a fundamental part of our business. It’s huge for us. Our leadership team at Summit CPA Group, a division of Anders CPAs + Advisors, works hard to make sure that we are as transparent as possible with not only our clients but our processes and employees, too. That’s why we made one of our core values candor. Transparency builds trust, and without trust, both your clients and employees may leave you.

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No-Code Technology: The Key to Unlock the Future of Your Business

Global economies are reeling from recent upheavals—pandemic aftershocks, geopolitical conflicts, and a tech sector crunch. Mark Zuckerberg's 2023 "Year of Efficiency" ethos extends into 2024, with leaders seeking cost reductions without stunting growth. No-code technology emerges as a beacon of hope, fostering resilience and adaptability. Platforms like Make.com and Zapier empower even non-technical staff to automate and innovate, freeing IT for strategic tasks.

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Olympic Virtual Series

Withum

Today marked a huge milestone in the evolution of Esports! The International Olympic Committee (IOC) announced that the first Olympics Esports Week will take place June 22 – 25, 2023. This three-day event will be capped by the first in-person live finales of the Olympic Esports Series to be held in Singapore. Who would have thought that collecting rings in “Sonic the Hedgehog” could one day lead to the Olympic Rings?

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Audit partners expect to see inflation ease in 2023

Accounting Today

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App Updates – Keeping You Aware of New and Better

Intuitive Accountant

Murph is here with some brief updates on apps that recently have made enhancements to their products.

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Election aftermath: Compromise or deadlock

Accounting Today

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Divorce: Funding Sources for the Lifestyle

FraudFiles

An important lifestyle consideration is the source of funding. Many families fund their lifestyle with one source of income, earned from their work. Other families have multiple sources of income that may include investments, trusts, debt, liquidation of assets or other sources.

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Get back your passion for your firm

Accounting Today

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Deal Alert: Menzies Assists on the Sale of URNS UK LTD

Menzies

Menzies LLP - A leading chartered accountancy firm. Our Corporate Finance Team recently acted as the exclusive advisor for the shareholders of Urns (UK) Limited on the sale of the business to Groupe Dunatis, for an undisclosed sum. Based in Watford, and founded in 2010, Urns UK is a family run business providing a variety of urns, caskets, pedants and keepsakes – many of which are designed and created in-house and cannot be found anywhere else in the world.

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Ramp rolls out product for accountants

Accounting Today

Account 101
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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.

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5 Tips for Invoicing – Add Value without Adding Additional Time

Snyder

Introduction. In any business, it’s important to be able to prove the value of your services and products. You need to show that what you’re selling is worth paying for while ensuring that you get paid on time and pay more attention to the business itself, not the bills. If you want to make more money with no change in price or offering, try some of the invoice tips below.

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Choreo to acquire Cherry Bekaert Wealth Management

Accounting Today

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Top 10 Best Mac Accounting Software Solutions For Your Small Business

Snyder

As a small business owner, you might prefer to use a Mac over a PC to run your business. For many people, Apple computers look more attractive due to their in-built security features and simplicity of use. However, when managing business finances , Mac users could face difficulties finding accounting software compatible with their operating system. Although the market for accounting software for PCs is still much wider, it doesn’t mean accounting solutions for Mac are a rare finding today.

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Xero sets climate targets for itself

Accounting Today

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Join the Instant Payment Revolution: Read 7 Must-Know Facts for Small Businesses

Technology evolves at lightning speed, and as finance keeps changing, instant payments emerge as a game-changer for small businesses. By 2030, instant payments are projected to surge by 289% and will become the new norm in financial transactions. Our whitepaper reveals seven must-know facts about instant payments, offering to help you navigate this financial revolution effectively.