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How to Turn a Shortage of Accountants Into an Opportunity for Businesses

CPA Practice

By Mike Varney, Vice President, Finance and Operations at Extend. The alarm bells in accounting have been ringing for years: fewer people want to join – or stay – in the profession. The American Institute of Certified Public Accountants (AICPA) said in its “2023 Trends” report that the percentage of accounting graduates fell 7.8%

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Pilot Raises $60 Million To Help SMBs Modernize Finances

PYMNTS

Pilot has been working for some time to help small- to medium-sized businesses (SMBs) access the kinds of finance powers available for bigger companies. It also assists in tracking and controlling spending, with monthly variance analysis that can help SMBs make better decisions on budgeting and spending, the release stated.

Finance 104
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The cost of inaction: An urgent call to upgrade accounting processes.

Airbase

Not only do multiple systems cost more, but the modern approach to spend management does a better job. It’s designed to control spending and streamline the interrelated, and continuous workflows associated with the process from intake to the final booking. Build for scale to avoid the need for future action.

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Streamlining procurement processes: A case study with Airbase and Doximity.

Airbase

The biggest thing for me is I need to have controls, but I also want employees to have an enjoyable experience,” Doximity’s Senior Director of Accounting, Alexander Schlick, told Airbase’s VP of Marketing, Michael Freeman. The finance team had to sort through all that spend, categorize it, and make sure it was authorized.”

NetSuite 130
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What is 3-way matching and why is it important?

Airbase

In the world of finance and procurement, accuracy and accountability are paramount. Three-way match has long been an important control measure practiced by accountants to make sure that what was purchased, what was received, and what was paid are fully aligned. Table of contents What is 3-way matching? Goods receipt note.

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Today In B2B: HSBC Launches Cash Flow Tech; TD Makes Equipment Finance Buy

PYMNTS

Today in B2B payments, HSBC launches cash flow management tool, and TD Bank acquires equipment finance operations from Wells Fargo. TD To Buy Wells Fargo's Canadian Direct Equipment Finance Business. EedenBull will provide its Q Business platform, which will include Q Control for the administrator and Q App for employees.

Finance 55
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Leading analyst IDC recognizes innovation in procurement solutions.

Airbase

If any finance process is overdue for innovation, it’s procurement. Finance teams who must accurately record all transactions, 3. Let’s take a look at IDC’s research and what it means for finance teams. Even before COVID-19 led to a wholesale shift to remote work, business spending was becoming increasingly decentralized.