Accounting
Modern Treasury Enhances Reconciliation Engine with AI to Increase Speed and Efficiency of Cash Reconciliation
This AI plus human approach reduces the time spent on reconciliation, especially when operating at scale.
Isaac M. O'Bannon
Managing Editor
isaac.obannon@cpapracticeadvisor.com
Isaac M. O'Bannon is the managing editor and digital content manager for CPA Practice Advisor (www.CPAPracticeAdvisor.com), drawing on two decades of experience covering the areas of professional accounting, taxation, business productivity and consumer technologies.
Prior to CPA Practice Advisor, O'Bannon was a consultant at firms in San Francisco, Denver and Tulsa, serving clients that included Logitech, Polycom, Hilti, Microsoft, the Stanford Research Institute, the University of Oklahoma's College of Engineering and other technology leaders. He is a U.S. Navy veteran.
Email: isaac.obannon - @ - cpapracticeadvisor.com
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Payroll
IRIS Software Group Partners with QuickFee to Streamline Payments for Accounting Firms
The partnership includes both QuickFee Connect and QuickFee Finance which provides e-invoicing and online payment options through integration with IRIS practice management solutions and a pay overtime option.
Accounting
CFOs Predict Growth in Net Profits
More than three-fourths (76%) of finance leaders predict net profit growth, with just over half (52%) saying their organizations will grow profits by more than 5%.
Accounting
Vertex Announces Strategic Partnership with Pagero
Vertex e-Invoicing, partnering with Pagero, simplifies indirect tax compliance and streamlines Continuous Transaction Controls (CTC) requirements.
Payroll
The Business Impact of Promotions and Measuring Employee Motivation and Commitment
ADPRI shows how promotions, under certain conditions, can impact businesses, a finding that underscores the importance of having a thoughtful retention plan and a strategy to support these career milestones.
Accounting
AICPA Advisory Group Seeks Inclusivity on National Strategy to Address Accounting Talent Shortage
Progress is being made on the creation of a national strategic plan to address the profession’s talent shortage, attendees of the American Institute of CPAs’ (AICPA) fall governing Council meeting were told.
Mergers and Acquisitions
Modern Wealth Management Acquires Martin James Investment & Tax Management
Through this acquisition, Modern Wealth now gains a highly capable tax strategy and preparation team, with the added benefit of financial planning and investment management expertise.
Accounting
Versapay Named First NetSuite Partner for Automated Payment Processing
Offered within NetSuite, NetSuite Pay powered by Versapay extends NetSuite’s enterprise resource planning (ERP), customer relationship management (CRM), and SuiteCommerce solutions to help businesses further simplify payment processing.
Payroll
ADP Adds HCM Solution for Construction Industry
ADP Workforce Now for Construction includes features for job costing, payroll, HR, worker development, managing government compliance and reporting, worker recruiting and retention, union management, and multi-job site management.
Income Tax
Bloomberg Tax AI Lab Enables AI Functions for Bloomberg Tax Research
The new Bloomberg Tax AI Lab offers customers the option of testing new AI-driven tools, beginning with an enhanced search experience using AI functionality.
Accounting
AICPA Honors Financial Reporting Leader with Gold Medal
As a leader on the forefront of financial reporting during a challenging period for the accounting and finance profession, Herz has demonstrated exemplary leadership and held key positions that have shaped the accounting landscape.
Small Business
Retail Sales Grew in September, But Core Year-Over-Year Gains Are Slowing
Retail sales continued to grow in September even as consumers faced continuing economic pressures, according to the National Retail Federation.