Accounting January 9, 2023
AP Automation Adoption is Growing, But Obstacles Still Exist
AP automation enables companies to significantly shorten the invoice-to-payment cycle, pay vendors more quickly, and strengthen critical supplier relationships.
Accounting December 5, 2022
The Challenges of Developing Trading Platforms for New Asset Classes
Advances in technology often bring about changes in the market and vice versa. Ideally, the two feed off each other in a virtuous cycle that makes operating and financing a business more efficient.
Accounting November 30, 2022
Beware of Scammers Using Zelle
Fraudsters will call the user under the guise of reversing the unauthorized transaction. The scammer then asks for the victim’s username and password to verify their identity and transfers money out of their account.
Accounting November 29, 2022
Audit Committee Responsibilities, Disclosures, Continue to Expand
The results of the 9th annual Audit Committee Transparency Barometer reflect a long-term positive trend of increased transparency in several areas by audit committee members.
Accounting September 27, 2022
BlackLine Debuts Tax Hyperautomation Capabilities for Intercompany Financial Management
The extension to BlackLine’s intercompany solutions comes in response to organizations facing increasing intercompany tax scrutiny globally, including cross-border reporting...
March 9, 2021
Zeni Launches AI-Powered Finance Concierge for Startups
Bookkeeping fintech Zeni has launched the first AI-powered finance concierge for startups, making its intelligent bookkeeping, accounting, and CFO services available to businesses across the United States. The company also announced it has raised $13.5 million in funding to-date, its Series A led by Saama Capital with participation from Amit Singhal, Sierra Ventures, SVB Financial...…
August 8, 2016
FASB Changes How Business Financial Assets Are Measured
FASB’s objective was to address stakeholder concerns that arose during the 2008-2009 financial crisis regarding the delayed recognition of credit losses. The new model removes the current GAAP threshold that delays the recognition of a credit loss ...
June 8, 2016
SMBs Self Finance, Leaving Owners To Fill Cashflow Gaps
An overwhelming majority of small to medium business owners in the U.S. self-finance their own businesses, and a majority of those SMB owners have struggled with cash flow gaps.
June 8, 2016
Finance and Compliance Costs Increasing for U.S. and Canadian Businesses; Employment Costs Spike
The research also found employment-related costs spiked sharply for the largest companies ($5 billion or more in revenue) to 5 percent of revenue, compared to 1.1 percent in 2015. According to the study, this may be a reflection of the tight market ...
May 13, 2016
Is It Easy To Do Business With Your Firm?
If your firm is like most, you are constantly looking for ways to fuel growth. The fastest and easiest way to grow is by leveraging your existing client base. And to do so you need to make sure that your base is full of happy clients.
May 6, 2016
Intacct Receives $40 Million in New Financing
The new financing expands on the backing of Intacct's existing investors, including Battery Ventures, Bessemer Venture Partners, Costanoa Venture Capital, Emergence Capital, Morgan Creek Capital Management, Sigma Partners, and Split Rock Partners.
April 20, 2016
Most Finance Professionals Lack Big Data Analysis Skills
Chief financial officers may not be able to maximize the potential value of Big Data for their organizations due to difficulties attracting and retaining the professionals with the requisite expertise, research suggests.