Acterys

SEPTEMBER 25, 2023

Microsoft Power BI is a powerful analytics and business intelligence tool that helps users connect, model and visualize business data and integrate those visuals into commonly used apps and services. How Do You Implement Planning, Forecasting and Write-Back in Power BI?

Maine 130

Maine Government Technology accounting and finance 130

Airbase

OCTOBER 25, 2023

There were at least three sessions specifically on AI-powered solutions, plus NetSuite had an AI Center on the floor in case you wanted more information. NetSuite sees opportunities to make its product better by using AI technology to improve: Analytics and insights. Get a demo AI use cases you can see today.

NetSuite 130

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Acterys

JUNE 20, 2023

Amidst these uncertain times, in-depth demand planning analytics emerges as a crucial strategy for controlling operational expenditures, guaranteeing pleasing customer experiences, and securing long-term profitability. What are the ways to leverage the advantages of demand planning to streamline and automate this complex process?

Technology 130

Technology Sales Manufacturing Retail 130

Acterys

JUNE 20, 2023

Amidst these uncertain times, in-depth demand planning analytics emerges as a crucial strategy for controlling operational expenditures, guaranteeing pleasing customer experiences, and securing long-term profitability. What are the ways to leverage the advantages of demand planning to streamline and automate this complex process?

Technology 130

Technology Sales Manufacturing Retail 130

Acterys

JULY 10, 2023

In this blog post, we will explore the concept of AI within the realm of FP&A (Financial Planning and Analysis) and examine the potential benefits it offers in terms of generating valuable financial insights. Back in 2020, IDC forecasted that the global data volumes will reach 175 trillion gigabytes or 175 zettabytes. applications.

Gaming 130

Gaming accounting and finance accounting software Technology 130

Acterys

AUGUST 12, 2022

It was b uilt for analyzing data, but the visualization and data modelling capabilities also make it the perfect platform for collecting data down to very sophisticated x P&A ( Extended Planning & Analytics) processes. The only thing that a user with a Power BI planning process requires is a web browser.

accounting and finance 246

accounting and finance Start-ups Finance Account 246

Basis 365

MARCH 19, 2024

Financial planning and management are foundational to enduring success and growth. As businesses evolve, so does the complexity of their financial needs, making it imperative to stay informed and adept at budgeting, accounting, and bookkeeping practices. Plan enough cash and resources to support growth. Plan for reinvestment.

bookkeeping 64

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Airbase

DECEMBER 5, 2023

2) Using touchless expense reports. 5) Use a spreadsheet or an expense management solution to create the report. Benefits: Provides a comprehensive overview of ongoing monthly expenditures and facilitates budget planning. Suitability: Useful for managing fixed and predictable expenses that recur regularly.

Approval Workflows 130

Approval Workflows Expense Management Entertainment Technology 130

Ryan Lazanis

JULY 27, 2022

These services can help businesses level up with financial reporting, planning and forecasting, and more. The benefits of offering and using them. This may include creating budgets, financial risk management, and developing long-term financial goals for a more profitable business. Step 2: Prepare and present the budget.

quickbooks 98

quickbooks accounting and finance Non-Profits NetSuite 98

Withum

JANUARY 5, 2024

For businesses looking to enhance their financial planning and strategic decision-making, NetSuite provides the reports and tools needed for long-term growth and success. Download the guide for actionable insights to overcome your business challenges. Have questions on how it can simplify your processes?

NetSuite 52

NetSuite Finance accounts payable accounting and finance 52

Snyder

DECEMBER 21, 2022

Business budgeting is an integral part of running a business. In light of this, business budgeting looks like something not to ignore. Meanwhile, creating a business budget isn’t that difficult if you know how to approach it and have the right tools to help you, which is business budgeting software.

quickbooks 72

quickbooks NetSuite E-commerce accounting and finance 72

CPA Practice

FEBRUARY 13, 2023

Why Use an AI Marketing Tool? How can AI be used in marketing? In addition to content and idea generation, AI can be used to assist marketing teams with the following: Marketing automation to identify potential customer and engage with them when they are most likely to be responsive to your marketing message.

Account 140

Account accountant accounted international accounting standards 140

Acterys

MAY 13, 2022

Cost Saving and Process Efficiencies for Planning & Analytics Through Platform Unification. By Performance Management in this context, we are referring to the feedback loop between: Planning: Setting Targets & Drivers. Forecasting: Projecting and Adapting Targets. This is in nearly all cases is a “read-only” environment.

Technology 130

Technology Maine Finance 130

Acterys

DECEMBER 21, 2023

From startups to multinationals, Microsoft Excel is at the core of countless organization’s reporting and financial planning and analysis (FP&A). The conventional method of manually copying and pasting data into Excel can be a struggle, especially when used for FP&A tasks that demand access to extensive external data.

Government 246

Government accounting and finance Start-ups Maine 246

Basis 365

MAY 11, 2022

Future business planning is based on your business revenue forecast. Unfortunately, revenue forecasting does not give exact numbers for your annual earnings. However, it does provide several methods to help you forecast your revenue accurately. Consider the cost of unexpected expenses and look beyond your regular costs.

Account 52

Account accountant accounted 52

TaxConnex

SEPTEMBER 14, 2021

Dire forecasts of states’ plunging sales tax revenue in the age of COVID continue to be proven wrong. Florida, which recently instituted economic nexus, is expected to beat pre-pandemic forecasts for general-revenue collections by about $1.2 Here’s a review of some of the recent changes and updates. State Revenue Updates. Alaska Gov.

Sales 173

Sales Alabama Tax Alaska 173

CPA Practice

AUGUST 11, 2023

Most small businesses lack the capacity for a financial planning and analysis (FP&A) function, but that doesn’t mean they can’t build analytical and strategic value from their accounting resources. These businesses mine data from CRMs, enterprise resource planning (ERP) systems, and more.

Account 52

Account accountant accounted managerial accounting 52

Acterys

AUGUST 12, 2022

It was b uilt for analyzing data, but the visualization and data modelling capabilities also make it the perfect platform for collecting data down to very sophisticated x P&A ( Extended Planning & Analytics) processes. The only thing that a user with a Power BI planning process requires is a web browser.

accounting and finance 130

accounting and finance Start-ups Finance Account 130

MineralTree

JULY 13, 2023

Accounts payable forecasting is a lot like gazing into a crystal ball — it enables businesses to predict and plan for upcoming financial obligations. What Is AP Forecasting? Accounts payable forecasting refers to the process of calculating future financial obligations based on historical data, trends, and business forecasts.

accounts payable 71

accounts payable Accounts Payable Automation Account accountant 71

Snyder

SEPTEMBER 21, 2022

For many people, forecasting sounds like something connected with weather prediction or fortune telling. Surprisingly, financial forecasting isn’t that far off. The difference is that businesses won’t need any crystal balls or magic potions to forecast – they’ll use their business data instead, which is an even more powerful tool.

financial statements 52

financial statements accounting and finance Finance Sales 52

Acterys

JANUARY 31, 2022

While DEAR Inventory is an excellent alternative to manual and inefficient Excel-based inventory management, it still lacks planning and analytics features. A majority of users prefer using Microsoft Power BI for analytics and visualization purposes, but unfortunately, DEAR Inventory doesn’t offer any such integration either.

NetSuite 130

NetSuite quickbooks Start-ups accounting and finance 130

Shay CPA

NOVEMBER 16, 2023

To a large extent, you can probably chalk it up to careful planning followed by diligent execution. Building your 2024 budget should be a lot easier than, say, budgeting for your company before it ever existed. But that doesn’t mean you should get lax or simply let your 2023 budget and projections roll over into 2024.

CPA 52

CPA cpas Tax Legal 52

CPA Practice

APRIL 13, 2023

After two years of record tax collections, budget writers in some states are starting to feel a revenue pinch created by a slumping stock market, banking and tech layoffs, slower consumer spending and lower energy prices. California, for example, faces a $24 billion budget deficit in the coming fiscal year.

Maryland 64

Maryland Virginia Alaska income tax 64

Ryan Lazanis

APRIL 18, 2023

Benefits of Artificial Intelligence How is AI Used in Accounting? How to Get Started With Accounting Intelligence How AI Was Used to Write This Article What is AI in Accounting? 3) Improved Customer Experience Using ChatGPT to draft emails can save you time. Table of Contents What is AI in Accounting? Can AI Replace Accountants?

Account 96

Account accountant accounted Technology 96

ThomsonReuters

JULY 6, 2023

Here, we make the case by taking a look at the current landscape of the accounting profession and why transitioning to advisory services could be the career path you’ve been looking for. It’s about personal relationships with clients and helping them achieve their financial and business goals using your unique knowledge and expertise.

Account 98

Account accountant accounted accounting and finance 98

CPA Practice

DECEMBER 19, 2023

AI-powered tools for finance and accounting organizations have been around for years, helping to automate data entry and bookkeeping, invoice processing, budgeting, and many other processes. You can then start to identify specific use cases where AI can bring value not only to your own work, but potentially, your whole team.

accounting and finance 121

accounting and finance Finance Account accountant 121

ThomsonReuters

JANUARY 9, 2024

Data informs what tax liabilities exist, where, and when they need to be filed and paid, and underpins modeling and forecasting. That means being able to outline clearly the impact that you are facing, and then explaining why you need a budget to be able to handle these new requirements.

Tax 88

Tax Technology income tax audit 88

CPA Practice

FEBRUARY 15, 2024

Use the podcast player below to listen to the podcast. It offers integrated customer relationship management or CRM, accounting, any commerce used by 37,000 organizations, which is up from 30,000 in the previous year, with over 324,000 entities, that’s legal entities with subsidiaries, and so forth. SPEAKERS Brian F.

NetSuite 52

NetSuite Technology Account accountant 52

inDinero Accounting

APRIL 8, 2023

Third, it will influence your capacity to forecast and budget with precision. In that case, that payment is now a December expense as far as your accounts are concerned. Advance/Late Rent Payment: In the case of rental payments, you would always record the expense when rent is due, not when you pay it.

accrual accounting 52

accrual accounting Account accountant accounted 52

inDinero Accounting

APRIL 28, 2021

You’ve got a going concern, and yet, you find yourself back at the drawing board with your business budget. Business budgeting is a critical skill that inDinero’s outsource accounting team can take off your plate today. You may be wondering, how do fractional accountants make budgeting look so easy? A Business Budget Quiz.

accounting software 66

accounting software accounts payable Account accountant 66

Snyder

MAY 27, 2022

You have to analyze every step and decision you’ve made to plan where you want to be in the future and what you need to do right now. This type of accounting aims mainly at forecasting and long-term business decisions and is used to ensure your company’s financial health. Let’s look at the top four: Planning. Operational.

managerial accounting 98

managerial accounting financial accounting Account accountant 98

Acterys

FEBRUARY 11, 2022

In this post, I will cover some of the learnings from implementing large-scale xP&A (Extended planning & analytics) projects that include the handling of 2-way (read and write operations) within Power BI beyond the typical reporting and visualization aspects. Extended Planning (xP&A) Workflow in Power BI.

audit 130

audit Government Sales Account 130

CPA Practice

NOVEMBER 16, 2023

Use the podcast player below to listen. Now, originally, the founders showed me how they were using AI, they’ve extended their capabilities in that area. But there are a variety of capabilities that are interesting and useful. And so, this is a platform that accounting firms are using to, again to go in and solve that problem.

Technology 69

Technology accounting firms quickbooks bookkeeping 69

Acterys

JULY 12, 2023

Why Use Vertical Analysis? Also known as the vertical percentage analysis, you can then use this to evaluate company performance and compare it with previous results to understand the direction of your company. This financial analysis can help you build a solid financial report by comparing the percentages to the budgeted expectations.

financial statements 130

financial statements accounting and finance accounts payable Sales 130

PYMNTS

FEBRUARY 1, 2021

The bipartisan Congressional Budget Office (CBO) said December’s $900 billion relief bill alone would add about 1.5 Over the course of the coming year, vaccination is expected to greatly reduce the number of new cases of COVID-19, the disease caused by the coronavirus,” the CBO said. A new report predicts the U.S.

Government 60

Government Hospitality Tax 60

MyIRSRelief

MARCH 15, 2023

In the case of truckers, back taxes can occur due to a variety of reasons, including incorrect reporting of income, failure to file taxes, or errors in tax calculation. An installment agreement is a payment plan that allows you to pay off your tax debt over time. However, it’s essential to seek help as soon as possible.

tax accountant 130

tax accountant Tax bookkeeping Account 130

inDinero Accounting

FEBRUARY 28, 2022

Third, it will affect your ability to accurately budget and forecast. This not only helps to attract investors but also to in budgeting, forecasting and overall financial planning. Advance/Late Rent Payment: In the case of rental payments, you would always record the expense when rent is due, not when you pay it.

accrual accounting 52

accrual accounting Account accountant accounted 52