This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Aside from the accounting firm’s staff, technology likely represents the area where a firm has made its biggest investments over the years, so it makes sense that technology considerations should be included in discussions about possible mergers or acquisitions. Whitman, CPA, president and CEO of Whitman Business Advisors LLC.
A major concern surrounding technology expenditures is whether the investments will generate a return for the accounting practice. However, identifying the return on investment begins with ascertaining which everyday challenges can be addressed with technology. The end result?
Marr’s views echo those of other accounting and advisory thought leaders who recommend using technology solutions to handle routine tasks in order to free up time for helping business owners solve more complex, big-picture challenges.
Selecting established and refined methods for cash flow management can be the difference between future success or failure for a company. Listed below are various strategies that can be implemented in order to optimize your company’s cash flow management: 1.
This eBook makes the case for outsourcing RDC operations to a proven managed services partner. Remote Deposit Capture (RDC) clients are more likely to use additional treasury services and maintain larger deposits.
With large responsibilities, break them down into actionable items that can be completed in manageable intervals. Determine your time management pitfalls. The technology will analyze wasted time and provide solutions for time management moving forward. Begin looking for technology that will automate these tasks.
Receivable Savvy, an accounts receivable and order-to-cash management firm, wants suppliers to see Same Day ACH as an opportunity to bolster cash flow. The company, which provides education and resources for suppliers, recently released a new eBook to guide vendors on how to take advantage of Same Day ACH technology.
Last year was the year of artificial intelligence (AI), declared Brighterion CEO Dr. Akli Adjaoute for PYMNTS’ 2018 year-end eBook. The technology is proliferating financial markets, particularly for some of the world’s largest financial institutions in need of enhanced compliance solutions. Turning Interest Into Adoption.
These tactics cast a wide net of fraud over the fleet card industry – from issuers and acquirers to fleet managers, employers and employees themselves. The company’s latest solution, EazyFuel , offers fraud and risk management directly to all players in a fleet card transaction, in addition to payment processing and other capabilities.
However, investing in new technology isn’t always easy, and commonly, it’s difficult to show the ROI of data quality efforts. Download this eBook and gain an understanding of the impact of data management on your company’s ROI. Download this eBook and gain an understanding of the impact of data management on your company’s ROI.
Despite a decade of eReaders and eBooks, many people still prefer printed books, according to Deloitte and other researchers. "I Sageworks launched the eBook version of Next-Level Accountants earlier this year to help firms create more value for their clients and increase profitability.
The recent Accounting Firm Operations and Technology Survey (AFOT), available as a PDF eBook at CPA Trendlines , produced by Randolph P. These small firms average less than 10 employees and revenue values below $600,000. With this designation comes good news. Coming as no surprise, the data shows 92.2
Utilizing technology is one way to reduce the amount of time it takes to produce a valuation. Technology that streamlines workflow and scales existing processes enables firms to realize more profit from each fee for services. enterprises that are technology leaders produce faster revenue growth than technology laggards.
Retaining the “right” clients for your accounting firm and taking the time to develop loyal relationships with those clients should be a high priority, according to practice management consultant Charles Hylan. It is significantly more expensive to attract a new client to an accounting firm than to invest in client retention, he says.
We have prepared a free ebook that contains brainstorming questions to help you better understand total experience. The bank’s technology seemed to make their people an impediment. Leaders managing product teams or departments should keep these fundamentals top of mind when launching or improving a program.
As one of the world’s fastest-growing human capital management companies, Ceridian embraced this rapid change as an opportunity for value creation with employers and employees alike. With benefits for all involved, we’ve seen customers embrace on-demand pay technology as a means of encouraging financial wellness for their people.
Several factors make this rising-rate environment different, so strong asset/liability management is critical for increased earnings. Takeaway 1 Banks and credit unions can increase earnings in a rising-rate environment with careful asset/liability management. Use technology to get ahead of the pack. DOWNLOAD .
As technology reshapes the way buyers access goods and services, consumer expectations are moving targets, and merchants that hope to survive can’t afford to fall behind. From Reis & Irvy’s to Vengo , merchants and technology companies are reinventing the world of vending technology through smart devices.
PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Emerging Technologies Are Finding New Ground In Payments, Facilitating New Commerce Paradigms. We’ve Got The Technology. Where’s The Value?
Walmart Launches eBook Service t o Take o n Amazon. Mario Pacini, general manager of entertainment at Walmart eCommerce U.S., said the eBook platform will complement its physical book assortment and offer customers an entirely new category that hasn’t been available at Walmart before. Chipotle Unveils Food Accelerator Program.
I believe it is transformational, rather than simple change management,” he wrote in the article. If firms don’t have the skill sets needed, Boomer says, management should identify the skills and cultivate them. These keys include a leader who is a champion of providing advisory services, and a team where every member adds value.
billion | Total spending on blockchain technologies by 2021, according to International Data Corporation figures. for PYMNTS’ 2018 Forecast eBook. Peruse the eBook to find out what 2018 will be, particularly if 2017 was the year of industry disruption. percent from 2016 to 2021.
Technology solutions can be a useful aid to firms looking to build out the top of their lead funnel. An example of a useful top-of-the-funnel technology is IndustryNewsletters , which helps accounting firms reach specific prospects and current clients with content that provides insight into their specific industries.
That doesn’t mean the notion of hybrid work won’t apply in the fintech or banking worlds, but it does mean that there are a different set of questions and concerns to manage as workers readjust to a transformed workplace after spending a year or more working remotely.
During the webinar, McLaughlin explained that the two biggest challenges for audit firms lie within the tension of managing risk while creating more efficiency during the audit process. The goal is to do less work while managing an appropriate level of risk. The goal is to do less work while managing an appropriate level of risk.
News recently emerged that Amazon wants to roll out kiosks in India that will enable consumers to purchase hardware, including its Kindle eBook reader, the Echo, its smart speaker and the Fire TV Stick. a content management software and solutions provider, in another report. as a recent Amazon move has demonstrated. to Walmart Inc.
The newest PYMNTS eBook is full of expert insight into the future of B2B payments, from commercial cards to accounts receivable. This week’s B2B Data Digest pulls some of the highlights from that eBook and serves up the numbers behind the forecasts. — $20 trillion: the expected valuation of the B2B payments market. . — $1.1
Businesses learn quickly in a crisis which partners are well-managed and which are not.” Businesses learn quickly in a crisis which partners are well-managed and which are not. This hedges against the risk of losses if a single market or region is heavily impacted,” Payoneer CEO Scott Galit told PYMNTS.
“The challenge with the piecemeal approach right now is that every project becomes a new and different project,” says Donny Shimamoto, CPA.CITP, CGMA, founder of advisory-focused CPA firm IntrapriseTechKnowlogies LLC in Honolulu and a nationally recognized accounting technology thought leader. “If
subject to management discretion are usually more predictable than relationships involving transactions that are subject to management discretion. Thanks to technology, analytics can be largely automated. But the technology can take on the mundane aspects of what auditors do to make the job far more interesting and meaningful.
In the eBook, Next-Level Accountants: Your guide to growing a firm of trusted advisors , consultant Allan Koltin, one of Accounting Today’s 100 Most Influential People, suggests picking any client who receives only one service from the firm but who is someone with whom staff typically enjoy working. Experts offer numerous tips.
PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Download the eBook.
PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Don’t get me wrong — FIs are squeezing every dollar they sink into technology. Download the eBook. Banking isn’t revolutionary. Well, yes and no.
Helps the auditor organize and manage the engagement so that is performed efficiently and effectively. They also promote documentation of the audit process, which can help in peer reviews and in developing communications with the client’s audit committee or management. Assists in coordination of any work done by specialists.
In the ebook Information Chaos vs. Information Opportunity , AIIM President John Mancini discusses four topics that every digital business must address. How do we manage the RISK of growing volumes of content? This is the way a digital business will use technology. How do we TRANSFORM our content-intensive business processes?
From cash to digital, from plastic cards to mobile wallets, from cash registers at the front of restaurants to tablets brought to tables (redefining the concept of “dine and dash”) — the way we pay shifts along with the availability of technology, and tech shifts as commerce demands new features.
“Banks and credit unions need to embrace a digital-first mindset to provide the touchless conveniences that consumers want to conduct transactions in their day-to-day lives, and that businesses need to maintain operations,” said Doug Brown , senior vice president and general manager at NCR. Digital acceleration is upon us, now more than ever.
In " A Look Forward: What Executives Wish for America and the World in 2021 ," Doug Brown, senior vice president and general manager, NCR Digital Banking , discusses how financial institutions should evolve to remain relevant and build customers' trust. The pandemic put a great deal of stress on millions of consumers and businesses.
Matt Redwood, head of self-service at Diebold Nixdorf , contributed the following piece as part of PYMNTS’ 2018 year-end eBook. Self-checkout has been around for 15 years — we’re all accustomed to seeing SCO point-of-sale terminals at the grocery store. This couldn’t be further from the truth.
Ryan Frere, executive vice president and general manager of B2B for Flywire , believes that embedded finance in B2B is key to payments optimization in 2021. Some are using embedded finance via a preferred payment channel to streamline this process, manage currency risks and provide better visibility from end to end.
PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Here is the response from Sarah Clark, general manager, identity, Mitek … Payments 2016: The Year Mobile, Biometrics And Trust Converged.
Increasing collaboration promises to help with that task, according to a recent PYMNTS interview with Director of Compliance and Interoperability Kevin Emery at UL , which helps other companies with identity management and security-related issues. That may sound obvious, but it belies the sustained effort required to reach that ideal.
This technology is now available through the mobile devices we are so used to using in our daily lives. Mobile payment won’t solve for the whole procurement payment stack — but it’s the best way to manage the business requirements of a work-life hybrid. Say you needed to pay for that sponsored LinkedIn campaign.
But Mike Gardner, CEO of Agreement Express, an automated onboarding technology firm, says the merchant acquiring industry is like a round of Pac-Man, where gobbling up merchants is the name of the game. It’s not every day a 1980s video game offers lessons in merchant acquisition. contact-form-7].
We organize all of the trending information in your field so you don't have to. Join 23,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content