Tech (212)

The Progressive Accountant is the leading online communit of public tax and accounting professionals focused on using technology to better manage and grow their practice.

IRS Starts Email Security Campaign

John Koskinen, Internal Revenue ServiceThe Internal Revenue Service has launched an education campaign, which alerts tax professionals to the dangers of email scams. The agency receives three to five data theft reports weekly from tax practitioners and says 177 tax professionals or firms reported client data thefts from January through May.


Sage Promotes AI Ethics Code

Kriti Sharma, SageSage has developed an ethics code for developing software that utilizes artificial intelligence. At its Summit conference in Canada, Sage outlined "The Ethics of Code: Developing AI for Business with Five Core Principles." The discussion of ethics and the values coded into systems which use artificial intelligence has been growing rapidly.


Misconceptions about Nonprofits and Technology

A nonprofit has an auditor coming in tomorrow. The staff is nervous and has spent days pulling files, canceled checks and more paper documents for the on-site visit. They have many questions: What will the auditor want? Is this enough documentation? What happens if we can't find what they need? Once the auditor arrives, more time will be spent accommodating him or her and ensuring that all the needed information is in the right hands for review.


Top Firm Technology-Not the Latest

Randy JohnstonIt's fairly easy to say accounting firms are usually not at the forefront of technology adoption. So social media and the cloud versions of business applications are not used by most firms and 48.4 percent of those responding to the Fourth Annual Accounting Firm Operations and Technology Survey do not use tablets.


Internet of Things Coming on Fast

Steve Edginton, Epicor, with Photon sensorAt the Sapphire conference of software giant SAP in May, there was a demonstration of a sensor-equipped power tool being used to drill a hole in a thin panel of concrete. When the job was finished, the drill communicated with the company's financial software. It reported the cost of the job and application was ready to spit out an invoice.


Sage to Test Accountant Cloud

Jairam Padmanabhan, SageSage plans to test its upcoming Accountant Cloud suite via an early adopter program. The software company intends to release that product in the United Kingdom in July and the United States in the fall. However, features are not completely fixed and will be shaped by the test.


WHAT CFOs NEED TO KNOW ABOUT Automating Accounts Payable

MineralTree CFO Automating Accounts Payable CoverSponsored content: mineraltree logo ap and payment automation 2x

Today's CFO is tasked with ensuring that the finance team operates at peak performance, with an eye toward lowering costs, increasing speed, and reducing bottlenecks in the system. With competing priorities and busy teams, it's hard to know which initiatives will best move the needle. Because it is not necessarily viewed as strategic or innovative, the Accounts Payable department is often overlooked..

This eBook explores some of the key issues that CFOs need to consider when revamping the invoice-to-pay process.

o Identifying the current bottlenecks in the invoice-to-pay process

o Understanding best practices for invoice-to-pay automation

o Learning the benefits of moving AP spend onto corporate credit cards

o Build better relationships with vendors through better payment processes

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Tax Season Stats Move Backward

irsTax season 2017 took a step backward as it went into the last weekend. After a season marked by week-by-week improvement, most figures from the Internal Revenue Service for the season through April 14 fell behind the corresponding period ended April 15, 2016.


Xero Debuts Software That Learns

Andrew Erkins, Digit BooksXero has introduced machine learning automation into its cloud-based financial software. The company says that the new technology means that the software will learn to perform such tasks as recording invoices against the proper account without business owners having to worry about making a mistake.


Xero Creates Partner Leadership Spot

Xero has established the position of chief partner officer. The company recently named Anna Curzon to the new role. Curzon had served as managing director for New Zealand for the last year for the cloud software accounting company.


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