PYMNTS

JUNE 19, 2018

Australian small business (SMB) accounting software startup Karbon sees opportunity in the failed merger of industry leaders MYOB and Reckon , according to The Australian Financial Review ( AFR ) reports Monday (June 18). Karbon announced a $5.19 While Karbon is based in San Francisco (and most of its revenue is from U.S. million.

Accounting 40

Accounting Startups Practice Management Planning 40

VCFO

JANUARY 11, 2024

Consistent use of systems like EOS Worldwide is key to establish a lasting culture of accountability. Consistent use of systems like EOS Worldwide is key to establish a lasting culture of accountability. Emerging trends and technologies give us an indication of how to think about and prepare for that future.

Valuation 87

Valuation CFO Startups Leverage 87

PYMNTS

APRIL 19, 2017

Change within the enterprise will always bring friction, but when it comes to change brought about by the adoption of more sophisticated technologies — especially in accounting and cash management — that friction is worth the effort. But the picture of technology adoption is a complex one, as cloud accounting company Sage has shown.

Accounting 47

Accounting Cash Management Practice Management Technology 47

Nerd's Eye View

FEBRUARY 2, 2024

Also in industry news this week: A recent study from advisor digital marketing firm Snappy Kraken suggests firms that invest in Search Engine Optimization (SEO), have a regular cadence of emails to their subscriber list, and include video content in these messages tend to get greater returns from their marketing efforts CFP Board has created a guide (..)

Practice Management 82

Practice Management Education Compliance Investments 82

Nerd's Eye View

OCTOBER 14, 2022

Also in industry news this week: The IRS released a notice this week indicating that RMDs will not be required for inheritors of retirement accounts subject to the SECURE Act’s 10-year rule. A recent study suggests that advisors can regain about 20% of their time by outsourcing investment management responsibilities.

Tax Planning 80

Tax Planning Practice Management Accounting Firms Securities 80

Nerd's Eye View

DECEMBER 15, 2023

Also in industry news this week: Most businesses that operate in the U.S., Also in industry news this week: Most businesses that operate in the U.S.,

Concentration 91

Concentration Practice Management Treasury Numbers 91

Nerd's Eye View

MAY 12, 2023

Also in industry news this week: Why industry groups representing investment advisers and others have blasted an SEC proposal that would significantly expand its Custody Rule A new study suggests that organic client growth and profit margins are the key factors driving RIA valuations, with the firm’s affiliation model having little to no impact (..)

Tax Planning 81

Tax Planning Practice Management Valuation Investments 81

Regent Assay

OCTOBER 27, 2022

BTCSoftware is a multi-award-winning tax software solution which helps accountants to streamline and simplify tax and compliance work. They developed feature-rich and cost-effective software products that make life easier and more rewarding for accounting professionals. BTCSoftware was founded in 1999 by Rob Ellis and Ian Katté.

Practice Management 52

Practice Management Compliance Accounting Accounting Firms 52

Nerd's Eye View

NOVEMBER 6, 2023

This month's edition kicks off with the news that Practice Intel has launched a new "growth platform" centered around quantifying the quality of an advisor's client relationships with an all-in "Relationship Quality Index" (RQI) – which while potentially valuable in helping advisors understand and improve their client experience (and subsequently (..)

Valuation 82

Valuation Compliance Practice Management Technology 82

PYMNTS

DECEMBER 7, 2020

Plus, Pioneer Bank sues over MyPayrollHR scandal, Procurement Partners secures new funding, and ImagineTime partners on FinTech for accountants. ImagineTime, Mango Billing Partner On Digital Accounting. Revolut Launches Acquiring Solution For Business Customers. Serent Capital Invests In Procurement Partners.

B2B 63

B2B Finance Practice Management Invoicing 63

Nerd's Eye View

JANUARY 20, 2023

Also in industry news this week: While the number of RIA M&A deals increased in 2022, the size of these deals declined, perhaps reflecting challenging market and economic headwinds A recent survey suggests that nearly half of financial advisory clients have changed advisors or have considered doing so since the start of the pandemic and that portfolio (..)

Practice Management 73

Practice Management Leadership Cash Management Numbers 73

The Finance Weekly

APRIL 13, 2022

Paying a full time accountant may not be worth it if the business is too small to hire full time, or if the job is only needed during tax season itself. Just about every company can improve efficiency through automation and technology, and this is especially true with tasks such as accounting and financial planning.

Communication 52

Communication Practice Management Budgeting Forecasting 52

CFO News Room

NOVEMBER 14, 2022

She is the co-founder and President of Journey Strategic Wealth, a Registered Investment Adviser built for advisors seeking independence and full-fledged practice management support. She currently runs a weekly YouTube series called “Practice Management with Penny.”. Support The Development Of New Associate Advisors.

Practice Management 130

Practice Management Planning Leadership Communication 130

Nerd's Eye View

OCTOBER 7, 2022

A new paper argues that an actual safe withdrawal rate for retirees is significantly less than 4% when taking into account return data from developed countries other than the United States. We also have a number of articles on practice management: Five key metrics that underpin advisory firm sustainability.

Practice Management 71

Practice Management Marketing Numbers Accounting 71

PYMNTS

SEPTEMBER 27, 2020

Lightyear intends to work toward acquiring software and payments companies, which the release calls “a highly fragmented market” that has a large number of smaller providers.

Practice Management 64

Practice Management B2B Invoicing Accounting Firms 64

PYMNTS

OCTOBER 1, 2020

There is also growing demand for better accounts receivable (AR) management, he added. The recent work-from-home environment further proved the importance of having integrated, cloud-based billing, invoicing and electronic payment acceptance – especially as remote transactions have become daily necessities.

B2B 56

B2B Invoicing Practice Management Reconciliations 56

CFO Thought Leader

JULY 16, 2023

We’re used not only by accountants and education professionals but also by payroll and HR teams because we allow them to carry out their day-to-day jobs in a way that enables them to focus on the things that they do best. Read More When the business was started about 45 years ago, it was focused on accountancy in the UK.

CFO 52

CFO Education Leadership Practice Management 52

Nerd's Eye View

AUGUST 28, 2023

For instance, TD Ameritrade rep codes that are used to organize client accounts will be converted to an 8-digit Schwab "master number", which is used for account grouping, billing, account service, and more.

Accounting 93

Accounting Securities Planning Practice Management 93

PYMNTS

FEBRUARY 13, 2019

Australian small business accounting company Reckon is shifting its competitive strategy against the industry’s top leaders, MYOB and Xero, reports in the Australian Financial Review said Tuesday (Feb.

Healthcare 53

Healthcare Practice Management Accounting Marketing 53

Future CFO

APRIL 1, 2024

Moving beyond their traditional roles in finance and accounting, it is important for CFOs to be forward-looking and consider how they can enhance their value proposition and contribute to the firm’s progress. We also look at enhancing the overall operating model of the business through the use of digital technologies.

Finance 52

Finance Risk Management Practice Management Budgeting 52

PYMNTS

DECEMBER 24, 2020

The firm provides administrative and general business operation support services to the Aspen Dental-branded network of dental practices. Schoen said that dental practices and insurers that use legacy, paper-based methods to deal with claims, send payments and handle accounts receivable (AR) can face many frictions.

B2B 102

B2B Healthcare Practice Management Planning 102

PYMNTS

JUNE 19, 2020

In terms of mechanics, the TeleVet app integrates with vets’ offices (6,500 practices are using the platform, he said) through web or mobile conduits — fostering communications between pet “parents” and vet offices through text, phone calls or video chats. Looking Ahead.

Healthcare 73

Healthcare Pharmaceutical Communication Practice Management 73

Nerd's Eye View

AUGUST 14, 2023

letting a client go), it can help to have a ‘quitting coach’ to hold the individual accountable for their pre-commitment. For an advisor, such an individual could be an actual professional coach, or perhaps a mentor or trusted peer willing to hold the advisor accountable for the kill criteria they set.

Accounting 71

Accounting Finance Practice Management Sales 71

Nerd's Eye View

APRIL 8, 2024

accountants and attorneys) to recommend to these clients. In addition to seeking out professional networking solutions, Bowen suggests that advisory firms can also attract HNW business owners by 'repackaging' the firm as a "virtual family office" that curates a vetted list of professionals (e.g.,

Planning 52

Planning Practice Management Accounting 52

VCFO

NOVEMBER 4, 2022

This article was co-authored by Ashford Chancelor , Dallas Practice Manager & Consulting CFO with vcfo, and Paul Hagerty , Sr. Accounts Receivables, however, often include a mix of relatively liquid and illiquid assets depending on payment terms, agreements, and other factors. What a time to be alive and in business.

Concentration 77

Concentration CFO Strategic Planning Practice Management 77

Nerd's Eye View

AUGUST 14, 2023

letting a client go), it can help to have a ‘quitting coach’ to hold the individual accountable for their pre-commitment. For an advisor, such an individual could be an actual professional coach, or perhaps a mentor or trusted peer willing to hold the advisor accountable for the kill criteria they set.

Accounting 52

Accounting Finance Practice Management Sales 52

Nerd's Eye View

NOVEMBER 13, 2023

For many advisors, the transition to meeting virtually was a struggle on account of two major challenges.

Planning 83

Planning Communication Investments Practice Management 83

CFO News Room

DECEMBER 30, 2022

Each weekday, in our Management Tip of the Day newsletter, HBR offers daily tips to help you better manage your teams — and yourselves — through this period of profound change and uncertainty. Management Tip of the Day. Quick, practical management advice to help you do your job better. It’s just a paragraph.

Data Analysis 130

Data Analysis Practice Management Leadership Communication 130

Nerd's Eye View

OCTOBER 24, 2022

While some of the largest platforms may (nominally) offer their service for ‘free’, they still need to bring in revenue somehow (often in the form of below-market-rate cash sweep accounts). Other custodians offer a range of fee options, from ticket charges to flat subscription fees.

Numbers 60

Numbers Retail Technology Practice Management 60

CFO News Room

DECEMBER 12, 2022

In 2023, the annual Kitces Premier Membership fee will be adjusted from $149/year to $169/year to account for rising CE costs. In the coming year, we’re also looking to experiment with some new formats for our third-Friday-of-the-month Office Hours sessions.

Education 130

Education Planning Investments Profit and Loss 130

PYMNTS

NOVEMBER 1, 2019

The site, tasked with enrolling people in the newly passed Affordable Care Act (ACA), was by all accounts poorly designed. Data at the Point of Care provides that data, and in a way that is integrated with its practice management desktop software. That is putting mildly.

Healthcare 42

Healthcare Startups Technology Practice Management 42

Nerd's Eye View

MARCH 1, 2024

Also in industry news this week: Financial scams involving social media and digital assets are on the rise, according to NASAA's annual enforcement report, and advisors can play a valuable role in helping their clients avoid becoming victims A report suggests that firms with intentional, integrated tech stacks as well as those that are able to establish (..)

Practice Management 82

Practice Management Securities Planning Accounting 82

CFO News Room

NOVEMBER 28, 2022

Along with designing a client’s asset allocation , optimizing asset location is another way advisors can add value as putting different investments in taxable versus tax-deferred accounts can have a significant impact on after-tax returns. Retirement Planning.

Tax Planning 130

Tax Planning Planning Investments Profit and Loss 130

CFO News Room

DECEMBER 10, 2022

From there, we have several articles on practice management: Why creating a defined employee value proposition could be the key for RIAs to attract and retain talent in the current tight labor market. But using joint accounts can be uncomfortable for many individuals. Joy Lere | Finding Joy).

Mergers and Acquisitions (M&A) 130

Mergers and Acquisitions (M&A) Planning Valuation Accounting 130

CFO News Room

DECEMBER 17, 2022

From there, we have several articles on practice management: Why it is important for advisors charging on a fee-for-service basis to regularly reassess their pricing, and best practices for letting current clients know about a fee increase.

Education 130

Education Planning Benchmarking Investments 130

Nerd's Eye View

MARCH 10, 2023

Also in industry news this week: Altruist’s self-clearing custodial platform has gone live, offering RIAs of all sizes an alternative to larger, legacy custodians While the SEC is planning to increase the number of on-site examinations it conducts, the odds that a firm will experience an exam in a given year appear to be remaining steady From (..)

Tax Planning 88

Tax Planning Budgeting Practice Management Planning 88

CFO News Room

NOVEMBER 21, 2022

This lets us see which clients still need to fund their accounts to maximize their contributions before the tax deadline so that we can avoid missing a Roth contribution for eligible clients. During the winter season, we also use Wealthbox to run a report that tallies all Roth and other retirement contributions made by clients.

Planning 130

Planning Concentration Communication Tax Planning 130