Text description provided by the architects. The city of Ranica, in the province of Bergamo, Italy, inaugurates its new Cultural Center is the outcome of a competition launched by the Municipality of Ranica in 2005 to endow the town with an important institution that would augment its cultural and social life © Alessandra BelloThe building, located between the historical nucleus of the town and the area of urban growth, is the physical hinge of the resulting urban structure. With its sharp and pristine image and soft color nuances alternative to the surrounding buildings, the Cultural Center stirs the urban landscape aesthetically and winks at the silvery shimmers of the nearby mountains and at the warm shades of dawn or sunset. site plan“The “piazza” has always been defined in history by the physical and visual limits of the buildings that surround it- With our project -the architects say- we wanted to blur the sharp distinction between solid and void. We opened up the building to the city and welcomed pedestrian flows up to its very core.” © Alessandra BelloThe snow-white and sober interiors reveal a complexity which endows the spaces and the activities taking place in them with a powerful dynamism “In the vast double-height space of the library,” the architects explain “the various functional areas appear as independent volumes connected by means of elevated catwalks and visually linked to the central patio.” The interior spaces become a representation of a lively urban scene where the various places are connected by a grid of paths to be walked through as well as enjoyed in moments of pause and encounter You'll now receive updates based on what you follow Personalize your stream and start following your favorite authors If you have done all of this and still can't find the email as businesses struggle to predict what the future will bring but today’s analytics and forecasting tools come closer than ever and have the potential to solidify the importance of the accountant as a partner to small businesses in a way nothing has before The novel coronavirus pandemic has made the need for data analytics and forecasting very was ready for a global upset of this scale and while larger companies have been historically more likely to engage with analytics and forecasting in conjunction with their accountant partners many smaller businesses in America don’t work with an accountant in the first place especially one who can provide data analytics and forecasting services could be the difference between a business making it through the pandemic It can also allow business owners to fail responsibly had one client whose biggest concern as the pandemic tore away at its business was simply whether they could Close our doors at the end of the year?’” said Kemper who uses the product Futrli to create forecasts for clients and after we looked at the boards I created we saw there was an opportunity for online sales for this client Futrli is a cash flow prediction and planning software powered by artificial intelligence It allows accountants to create “cards” and “boards” to present data to clients in a visually appealing way and they can be collected into a board to create a customized picture of anything a client needs to see It’s a great example of a data analytics and forecasting solution made for and accessible to small firms and small businesses Kemper has also been able to perform reality checks for her clients restaurants and boutiques located all over the country All three of those sectors have been hit hard by the pandemic Kemper has noticed that many of her clients have been experiencing an uptick in business with some of them performing better than in previous years “I looked at a lot of data from previous years,” Kemper said they actually did really well this year because as lockdown measures eased in later months many people came out to support local businesses And businesses came out in front of their customers more than they normally would because of COVID.” An opportunity Kemper is particularly excited about as she grows her use of analytics and forecasting is green reporting which companies use to evaluate their impact on the environment but also to evaluate their treatment of employees and all other associates and whether they are operating in an overall ethical way green reporting has been around for more than two decades Kemper is a sole practitioner — though she is getting ready to hire her first employee — and her firm is 100 percent virtual Her holy trifecta of technology consists of Xero as her central accounting software “Data analytics and forecasting will be a big part of my strategy as I grow,” she said “It’s made such a difference in my clients’ eyes that I can’t see how I wouldn’t make it part of my business There’s a lot of opportunity for one-time engagements where you do a forecast for a client who just needs that capacity or even knowledge to perform forecasts themselves but they know it’s a helpful tool to help their business grow.” Accountants don’t have to have access to expensive technology to provide data analytics and forecasting to their clients she used Microsoft Excel to try and create forecasts but it goes to show there is opportunity to provide these services even with non-specialized software an Enrolled Agent and founder of West Palm Beach Florida-based firm G+F Business and Financial Consulting applies job costing methodologies to help his construction industry clients increase project productivity — and he uses Excel pulling data from QuickBooks and client merchant accounts (from Square He was considering buying additional software before the pandemic but that plan was put on hold until the firm catches up to the rapidly changing times Wingate’s clients turned away from forecasting slightly during recent months: “We haven’t really had time to forecast for clients because they needed more assistance with finding grants or applying for loans,” Wingate said Indeed many firms have turned their focus quickly to helping their existing clients apply for government assistance said she believed it to be her firm’s “duty” to help clients apply for Paycheck Protection Program loans for free there are things more urgent than looking toward the future Constructionclients need to know how to accurately cost a job as it can make the difference between winning a bid for a project or not or taking a project that will financially make sense “Construction clients need to know whether they are profiting on specific jobs,” Wingate explained “This information helps them plan and price similar jobs in the future Knowing the effects of hiring new employees or when a supplier increases material cost is significant in making adjustments to maintain adequate profit margins the power of data analytics and forecasting can be big — as big as you want it to be it became apparent to Big Four firm KPMG that their audit clients were using technology so sophisticated that the firm would have to make it a point to match that level of sophistication in order to provide effective audits KPMG had been developing data analysis tools that plugged into specific enterprise resource planning platforms the firm has developed a generic processor that can extract data from any system “The tools we have are no longer bolt-on,” said Larry Bradley global head of audit for the Big Four firm they’re embedded within our methodology and our audit delivery tool called KPMG Clara as opposed to being viewed as a bolt-on tool.” KPMG positions it as an all-encompassing solution for audit from finding aberrations to suggesting actions to orchestrating investigative exploration — like obtaining drone footage of company inventory The potential for application of data analytics in audit is vast and is evolving so quickly that “the future” could be here before anyone predicted “The future came upon us in a matter of months” this year when the pandemic forced everyone to go remote is tapping into their available technology more than ever before in order to stay connected and effective in a virtual environment and if data analytics had the potential to change the way accountants viewed their job before the crisis a significant amount of change management has occurred almost overnight,” Bradley said and access to underlying source documentation But we’re going to have to be much more sensitive about global trends — COVID has put so much of this in focus Our ability to analyze the data is only as good as our understanding of the global macroeconomic trends happening right now.” data analysis is not something that a machine just does and that’s the end of it Accountants participate in this process with critical thinking and every other expectation that comes with advising and guiding clients in the right direction Bradley said that while there is an “insatiable” need for technology-minded accountants it’s still vitally important to hire accountants that have very good fundamental auditing skills “The art of professional skepticism is built into the auditing standard,” he said “We have an obligation to have a questioning mindset.” he noted that an understanding of the client business is just as important: “You can have the greatest analysis software in the world but if your auditor doesn’t have a fundamental understanding of the client’s business — how they make money how they do business — they’re not going to interpret the information properly or they’re not going to have that requisite professional skepticism.” he is most excited about the potential of data lakes from which organizations can extract any kind of data and configure it in any way The opportunity that data lakes also present is the ability to compare financial data with non-financial data “The beauty of a data lake is that it’s a repository but has a way to leave a common thread through the data so it can be extracted and analyzed in a meaningful way,” Bradley explained “That’s the challenge for auditors — there is great potential in us being able to evaluate that data but you have to ensure the data is complete and accurate and then you have to understand the business to know exactly what to query to the data lake but asking the right question — just as it is now.” but their use has been growing steadily anyway Tax IRS reduced workforce 11% so far More than 11,400 IRS employees have either received termination notices as probationary employees or voluntarily resigned It also announced an equity investment in Llamadex Like what you see Make sure you're getting it all Accounting Today is a leading provider of online business news for the accounting community has named Danny DeVito a partner for its latest videos The initiative is aimed at helping self-employed small business and mid-market enterprise customers succeed whose character in the long-running TV series “It’s Always Sunny in Philadelphia” helps run a small dive bar will help “provide customers insights about smarter business tools while they run the day-to-day of their business,” in the Backing You videos The comedian will play a coach and advocate for small businesses on behalf of QuickBooks where he cheers on real small business owners a personal trainer and a doggy daycare owner with practical advice to help them on their path to success The short films aim to shed light on the common struggles small business owners experience and also to demonstrate the simplicity of using QuickBooks tools to manage their business Intuit is also releasing a series of instructional mini films called “Danny Teaches,” in which DeVito will demonstrate the simplicity of QuickBooks’ product suite in 15 seconds To further boost the real small businesses taking part in the video campaign Intuit is featuring 30-second commercials that profile each of the business owners as they receive personalized coaching from DeVito “The importance of small business is personal to me,” DeVito said in a statement I watched both my parents and my sister build their own business from the ground up and struggle to balance family obligations with growing their businesses When Intuit QuickBooks approached me for this campaign I felt this was a way that I could give back to this very important industry show them how to make their lives easier and make them laugh along the way too.” “Owning a small business can be the most rewarding yet challenging pursuit a person takes on We know how much work and effort it takes to keep these businesses afloat and their time is of the utmost importance,” added Dan McCarthy vice president of global marketing for QuickBooks “When QuickBooks launched Backing You last year we focused on the inspirational stories we hear through our hours of customer-focused research and innovation we kept with the same Backing You message to show small business owners we understand their challenges and to show the ease of using QuickBooks products This new campaign is an entertaining call for small business owners the self-employed and mid-market enterprises to get what they are owed Nothing is more valuable than time and QuickBooks provides a smarter way to run a small business so owners can get back the time To view the Backing You video series, which is now live, visit Intuit’s QuickBooks video channel on YouTube. Gilded takes care of everything from invoicing and payments to accounting and tax reporting for cryptocurrency The system offers non-custodial verification of crypto payments and support for Coinbase businesses still need to operate in the traditional financial world — consequently Gilded also offers conventional payment options like credit cards via an integration with Stripe invoices can be sent for both traditional and crypto payments The accounting module automatically syncs with the accountant or business user’s accounting software of choice you don’t have to understand the mechanics of an internal combustion engine to be able to drive it,” said Gil Hildebrand “That’s what we’re trying to do for crypto.” To sign up for Gilded or learn more about it which makes workflow management software for accountants The new product helps firms manage budgets Time & Budgets is designed to allow Karbon customers to set time and dollar estimates “With the release of Time & Budgets in Karbon timesheets and analysis are in the same place as an accounting firm’s work and collaboration,” said Sara Goepel “This unlocks new capabilities for a firm to be more profitable They can identify their most effective clients and employees know what actions will maximize their resources compare budgets against the actual progress already occurring in Karbon and use automatic time-entry suggestions based on the activities Karbon already tracks.” Time & Budgets is now in beta testing and will be rolled out to all Karbon customers in the coming weeks To learn more, visit karbonhq.com/time-and-budgets/ Thomas Reuters confirmed that its software had experienced service disruption Thomson became aware of a “technical issue” with the aforementioned platforms on Jan “Our teams have worked around the clock over the last few days to restore availability for all customers,” a spokesperson said Thomson stated it had restored GoFileRoom to full functionality A customer told Accounting Today that the company had handled the outage “poorly,” having only sent one email on Monday after the disruption had been noticed by customers it is normal for software companies to remain tight-lipped during an interruption to online software service to prevent misinformation and also to control unknown variables in case there was a data breach Thomson has given no indication that there was a data breach the “vast majority” of Virtual Office customers were able to use the application Full service resumed for the few remaining Virtual Office customers late Monday night “We know how frustrating this situation has been for our customers who rely on these applications,” a spokesperson from Thomson Reuters said “We sincerely regret the disruption to our service on ensuring full functionality and consistent support throughout the remainder of this busy tax season and beyond Our engineers continue to work diligently to reinforce the resilience and reliability of our systems and help mitigate future issues.” Virtual Office CS is a cloud-based suite of accounting applications and GoFileRoom is a document storage solution Both products are used by tax professionals which makes the timing of the service disruption troubling to accountants preparing for tax season If Virtual Office CS and GoFileRoom customers would like to share their experience please contact technology editor Ranica Arrowsmith at ranica.arrowsmith@sourcemedia.com a United Kingdom-based provider of cloud-based expense reporting software Expanding into the United States is part of Webexpenses’ global expansion program “Over the last three years we have tripled in size and already have a strong U.S “We are confident our innovative solution is well suited to the market We have a fantastic team who consistently strive to provide a high level of personal customer care and support so overall we are extremely excited to continue the Webexpenses journey.” For more information on Webexpenses’ software, click here has added online check payment to its digital payment solution for accountants All CPACharge users can now accept check payments online with zero percent processing and a flat $2 per transaction fee no additional monthly fees and advanced risk protection Each eCheck transaction is verified to ensure account and routing numbers are accurate Technology to streamline client interactions has become increasingly important to accounting firms as they grow their services beyond traditional bookkeeping CPACharge was developed specifically for CPA firms and offers a secure way to accept credit The system also offers real-time reporting for reconciliation CPACharge is recommended by 20 state CPA societies and offered as a Member Discount Partner by the American Institute of CPAs For more information, visit cpacharge.com has established a new web-based developer center and has added 30 new applications to the online marketplace Zuora Connect The developer site offers an app builder starter pack and a community board The apps offered on the marketplace are aimed at helping companies and their accountants manage subscription-based business The apps on Zuora Connect cover tasks such as quoting Some examples of what’s new in Zuora Connect are lockbox synchronizations (a simple security measure) with banks including Bank of America and Wells Fargo; and connectors to data providers such as Amplitude and MailChimp Editor's note: A previous version of this article included a misattributed quote which makes workflow and productivity software for accountants has a new look with a newly designed logo and website simply enabled.” The company will also now refer to itself simply as XCM Switching to the shortened moniker is hoped to offer “constancy and ease of use” for XCM’s customers The new logo is designed to invoke “interconnectivity and energy,” the statement further said “Our rebranding reflects our evolution of the products and services we deliver today and in the future to our 28,000 plus users” said Mark Albrecht XCM was the first to offer an innovative Tax Outsourcing solution the XCM brand represents our open platform system that works horizontally across tax which puts on the annual Scaling New Heights accounting conference online show this year in partnership with QuickBooks maker Intuit The event is patterned after Woodard’s on-premise conference conducted each June networking opportunities and a virtual exhibit floor featuring QuickBooks-integrated software solutions “Accountants and bookkeepers are looking for educational opportunities they can leverage from the convenience of their home or office so I wanted to deliver some of the value of our annual Scaling New Heights conference within an online environment,” said Joe Woodard immersive and visually stunning Scaling New Heights Online experience so accountants and bookkeepers can 'walk' through an Exhibit Hall chat with their peers (and with conference sponsors) and attend breakout sessions.” Training tracks will focus on practice development and the exploration of new small business technology innovations which makes invoice and expense management software has released the latest version of its invoice automation tool The solution now offers a mobile invoice process on any device Chrome River Invoice features responsive web design technology which allows the solution to maintain its appearance and functionality across different devices it allows users to take advantage of supplier programs such as early payment discounts The solution also offers an invoice management dashboard which gives accounts payable teams an overview of all invoices from a single screen Accountants can visualize approvals and track down invoices with a range of search filters “The accounts payable team has long been overlooked as far as high-quality productivity solutions go,” said Alan Rich “Until now they have relied either on paper-intensive manual processes or complex and unintuitive software tools AP administrators now have access to the same caliber of solutions as their colleagues elsewhere in the enterprise and approvers will love how it easy it is to view and approve invoices on any device.” has completed a $25 million Series B round of financing The stated goal for these funds is to focus on product innovation expand into overseas markets and scale up the company’s go-to-market strategy The company already has customers in nine overseas markets including Canada but FloQast has plans to establish offices in countries in which it operates to accelerate go-to-market time vice president of Insight Venture Partners FloQast completed its Series A round of $6.5 million early last year “This new funding will help further accelerate our growth by enabling the company to expand internationally and grow our product portfolio,” said Michael Whitmire co-founder and chief executive officer at FloQast expertise and backing to build the next great fintech software company.” FloQast employees meet in the boardroom The company released version 6.0 in July 2015 and since then has gathered feedback for the next version development goals included cross-browser support and increased usability but 6.1 has added more features based on customer input Older version of DocuPhase worked best with Internet Explorer Version 6.1’s HTML viewer is compatible with most commonly used browsers and the new version does not require separate desktop installation for each user like the old one did which allows users can look at any work item’s progression through the workflow Then there’s the improved help section which provides a context-specific help window the window reads the page the user is on and provides help accordingly There are expanded annotation options and the ability to upload documents from an email account using the DocuPhase interface DocuPhase has made updates to document caching Instead of caching on the local workstation documents will now be cached on the server Version 6.1 will be immediately available to all existing clients for a fee and version 5.1 will be phased out completely enhanced automation for transaction reconciliation expanded application program interfaces and software integration The updates coincide with a new partnership with KPMG which combines BlackLine’s cloud platform with KPMG’s finance process The new data visualization capabilities are aimed at helping accounting teams identify and uncover business insights timeliness and accuracy of accounting results The new BlackLine Transaction Matching feature helps organizations embed more automation within manual processes to help accounting teams focus on exceptions and anomalies The latest enhancements use business rules to help automate matches and resolve unmatched transactions New public APIs broaden opportunities for integration with other business processes and systems BlackLine's Smart Close integration allows customers to track SAP Smart Close tasks and run reports directly within BlackLine New API capabilities facilitate the new partnership with KPMG BlackLine will use the Big Four firm’s finance process to help users improve staff efficiency shift the focus from transactional to analytical and align finance strategies with those of the business As digital transformation becomes more of a priority KPMG and BlackLine can “support an automation of finance roadmap that will ultimately achieve a move of finance professionals out of transaction processing and into more valuable operational and strategic decision support,” according to Ralph Canter “We’ve completed many successful projects with KPMG over the years where their in-depth knowledge and hands-on advisory services have helped us meet the requirements of global customers,” added BlackLine CEO Therese Tucker in a statement “KPMG has been a terrific partner in that they have been very vocal about the potential they see for BlackLine as well as the direction they think we should take to get there They see the broader vision of what BlackLine can do to transform finance and accounting organizations.” PDFConverter.com has released “The Ultimate Guide for PDF Files (for Accountants and Bookkeepers).” The document outlines how to create, edit, print and otherwise work with PDF files in ways relevant to accounting professionals, including converting files back and forth from Microsoft Excel. The guide can be accessed here. a business-to-business payment management software provider Together the companies plan to form a more complete accounts receivable offering Credit2B uses crowdsourcing and other technology to provide insight into payment behavior and financial risk information on customers that businesses share in common enabling suppliers to make credit risk decisions SyncStream Solutions has released ACA Audit, an Affordable Care Act compliance tool to help organizations respond to IRS audits surrounding the ACA. More information is available here. being named the top M&A technology service provider for the second year in a row at the Global M&A Network’s 2017 Americas M&A Atlas Awards celebration This is the second consecutive year Donnelley has taken home the award Venue Data Room is part of the company’s Venue Deal Solution suite helping organizations complete transactions secure online data rooms and contract analytics features Venue Data Room's virtual workspace helps users organize investment in the company’s Venue Deal Solution’s technology suite allowed it to integrate artificial intelligence technology to streamline legal and due diligence processes which makes a cloud-based visual analytics and reporting app for NetSuite and Google Cloud Platform launched a brand new app for NetSuite at SuiteWorld 2017 New features include include chart templates tailored for specific industries including manufacturing professional services and wholesale distribution The QuickStart Templates are pre-validated based on industry best practices and user research iCharts BI also offers real-time pivot tables — a function that summarizes information from a large data set — as well as consolidated information from multiple data sources For more information about iCharts for NetSuite, click here. which makes cloud-based financial data consolidation software has been awarded a patent for its technology in Australia Texas-based company’s first entry into the Australian market Qvinci’s solutions integrate with QuickBooks MYOB and Excel to consolidate financial data and perform syncing business intelligence and workflow management challenges for the accounting franchising and multi-unit business markets Qvinci’s technology is designed to help firms increase billing realization improve staff utilization and provide value-added consulting services to clients through the consolidated reporting capabilities “This first-of-many overseas patents underscores Qvinci’s strong commitment to creating and improving technologies that solve complex financial data challenges on a secure and near real-time basis for customers all over the world,” said Qvinci’s CEO While Qvinci does have customers that have locations overseas the company has mainly focused on the United States market for the 10 years it’s been in operation The new early payment automation function is designed to allow finance teams to pay their suppliers earlier than their originally agreed-upon due date without negatively impacting the payer’s working capital The early payments solution is fully integrated into Tipalti’s end-to-end AP workflow which provides businesses with multiple subsidiaries and global business units the capability to manage disparate accounts payable workflows Tipalti’s AP Hub is a new suite that centralizes all AP and supplier payments processes within one cloud-based interface The suite encompasses supplier management and communications and now early payments and multi-entity management the CFO can finally focus their finance talent on driving their business’ global growth and competitiveness forward,” Tipalti CEO and co-founder Chen Amit said in a statement which makes cloud-based tax compliance software has earned a certification for SAP’s ERP Central Component (ECC) solution for North America This allows SAP customers to deploy AvaTax AvaTax is designed to automatically calculate applicable sales and use taxes fees and surcharges for every billing line item Avalara already has several software integrations in place within the SAP ecosystem including with SAP’s e-commerce platform Hybris an SAP implementation partner in the oil and gas industry The SAP ECC integration for Avalara was developed by corporate tax consultancy DuCharme "Our established relationship with SAP has allowed its customers access to Avalara's tax engine across a variety of products and we are proud to expand support into its core ERP offering," said Marshal Kushniruk executive vice president of global business development for Avalara tasked with providing technology-based solutions for the firm’s business clients the firm acquired technology consulting practice The Computer Solution Co which adds 30 technology professionals to the Cherry Bekaert The terms of the acquisition were not disclosed TCSC was founded in 1981 and will provide the new technology unit with services including strategic IT alignment Former TCSC president David Romig will join Cherry Bekaert as a principal and take a leadership role in the new unit “This acquisition is part of our overall vision to expand our value-add services within the technology consulting and application development arena,” said Scott Moss chair of the new unit and managing partner of advisory services for Cherry Bekaert “Our clients are demanding more innovative technology-based solutions to help them grow and the capabilities within a firm like TCSC will position us to meet these expanding needs.” 25 on Accounting Today’s Top 100 Firms list for 2017 The firm is an independent member of Baker Tilly International an accountancy and business advisory network a provider of enterprise software for project-based businesses a market intelligence company for businesses that sell to the government sector Deltek provides management solutions for accounting firms; practices that have an interest in earning government contracts may benefit from Deltek’s latest acquisition Deltek’s business offerings for accounting firms consist of solutions for client Onvia provides business customers with federal state and local government contracting leads The goal of the acquisition is for Deltek to combine its software for tracking government business contract opportunities to create a more comprehensive public sector market intelligence product “We are very excited to welcome Onvia into the Deltek family and begin our journey as one global team,” said Mike Corkery Deltek’s GovWin IQ and Onvia provide the most comprehensive source of information for public sector procurement and government market intelligence Our customers will benefit from our now broadened solution set helping them to power their project pursuits and win more business.” where he served as vice president of product management formerly the ProConnect group product manager “Jim left Intuit to pursue other career opportunities,” Intuit spokesperson Stephanie Friswell told Accounting Today “His leadership was instrumental in accelerating our tax and small business strategy and we look forward to what he will accomplish next.” originally as vice president of marketing for the Accountants Professional Division and later as vice president of the accounting segment for the company he was named one of Accounting Today’s Most Influential People in Accounting several times he served as executive vice president and general manager at Activision and in various senior marketing positions at PepsiCo and Proctor and Gamble McGinnis was not immediately available for comment on where he will be going next Olavarrietta has been at Intuit serving in various capacities since 2000 he was a training specialist at Lacerte Tax in Dallas He has a BA in finance from the University of North Texas including Oracle’s enterprise resource planning software The Wdesk data integrations offer automation in that linked systems import and update data automatically Users can connect Wdesk to one or multiple external systems to create records of data that can be used as sources for lookups and aggregations Integrated data from enterprise systems also creates an audit trail and Wdesk provides a detailed history of source systems date and time of updates and who imported or exported data Workiva customers can use a Wdesk connector or build their own integrations through the Wdesk API. For more information on Wdesk data integration, click here. a startup B2B e-commerce platform that raised $14 million this year Handshake provides a sale platform for manufacturers and distributors The QBO certification means that its mobile order writing and B2B e-commerce solutions are now listed in the Intuit QuickBooks App Store and Handshake now integrates with QBO out of the box order management and accounting processes go hand-in-hand for small- and medium-sized manufacturers and distributors,” said Glen Coates “Our customers rely on our mobile-first B2B commerce platform to not only provide superior ordering experiences for sales reps and customers but also make it easy for their back office to manage orders Integrating with QuickBooks combines top bookkeeping technology with our […] order management system to automate data flow and businesses processes.” The Handshake dashboard For more information, click here. which provides cloud hosting services for CPA firms has named Jim Walsh its new chief information officer (CIO) He will be guiding the technology strategy for the company’s cloud infrastructure and will lead the scaling of the corporate IT and security functions Walsh served as vice president and CIO at Virtustream for the past year Walsh spent seven years at Constant Contact helping develop and scale the software as a service company’s enterprise systems and technology Walsh held senior technology management executive positions at Peoplefluent Right Networks released a user management portal app allowing accountants to manage staff permissions and client onboarding themselves should they want to The company also reached the 100,000 user mark in June “We are pleased to welcome Jim Walsh to our executive team as Right Networks takes the next step to expand and grow our reach in the marketplace,” said John Farrer “Jim’s extensive experience in helping develop teams workflow and technology operations for mid-stage and later-stage SaaS companies makes him excellent addition to the team.” The integration is designed to enable sales and use tax calculations and returns within the Hybris suite A key functionality now enabled within SAP Hybris by Vertex is address cleansing a process that converts addresses formatted in different ways to a single This is performed so that each transaction is assigned to the proper tax jurisdiction director of strategic partnerships at Vertex characterized Hybris’ software platform as participating in a larger trend of “using data about customer preferences” to “create personalized experiences.” Enabling smart processes to automatically identify tax jurisdictions is part of that effort Vertex’s tax solutions are available in on-premise, hosted or SaaS deployment environments. For more information on the Vertex integration for SAP Hybris, click here. talks on her cell phone outside the PricewaterhouseCoopers offices at 300 Madison Avenue in New York Photographer: Daniel Acker/Bloomberg News.Daniel Acker/Bloomberg Oracle Financial Services Analytical Applications and PwC have teamed up to offer technology implementation and consulting solutions for financial institutions to comply with the International Accounting Standards Board’s new IFRS 9 and the Financial Accounting Standards Board’s proposed CECL (current expected credit loss) reporting standards Banks are expected to meet the IFRS 9 accounting standards by 2018 Oracle will contribute its software and analytical solutions methods and reports; PwC will provide compliance consulting and implementation expertise “IFRS 9 implementation poses a significant challenge for financial institutions and failure to manage it well can have a material impact on their bottom line,” said Sonny Singh senior vice president and general manager of Oracle’s financial services global business unit in a statement we can provide our clients a comprehensive technological solution which provides cloud-based software for enterprise management across borders has added a new global compliance feature to its OverseasConnect platform The application provides complete visibility into each client’s compliance calendar which may differ greatly from country to country so finance professionals can keep track of deadlines associated with their clients’ corporate taxes The Global Compliance app on OverseasConnect lets clients know exactly what needs to be done and when Accountant users of Global Compliance also have access to Radius’ team of compliance experts who provide client support and track regulatory changes around the world “Tax authorities everywhere are intent on collecting all the revenues they can and maintaining compliance is increasingly important for multinationals of all sizes,” said Jody Fullman “Global Compliance is a simple solution for staying on top of your regulatory requirements It also eliminates the need for multiple compliance providers which can lead to real up-front cost savings as well as reducing your risk of fines.” a cloud CPM (corporate performance management) software provider announced deeper integration with NetSuite at SuiteWorld 2017 Adaptive Insights appears as a tab within the software Approximately 90 percent of NetSuite customers create additional custom fields within the ERP software according to founder and chairman of Adaptive Insights Rob Hull those customizations can be pulled right into Adaptive Insights to create bespoke data views Hull gave the use case scenario of the monthly close process as an example of how the software integration works Adaptive Insights’ software provides reporting capabilities that help with accounting processes such as the month end close It can pull actuals from an ERP software—in this case NetSuite—and provide variance analysis allowing the accounting or finance professional to conduct a trial close a $9.3 billion deal that closed in November NetSuite partners have noticed no difference in their dealings Oracle CEO Mark Hurd promised major global expansions that NetSuite will now be able to leverage for its own partners Adaptive Insights already operates in more than 50 countries Hull said that the company plans to continue to expand internationally 19 on Accounting Today’s 2016 list of Top 100 Firms has acquired Minneapolis-based Barefoot Technologies a consulting firm that provides development consulting and support services for the NetSuite platform Barefoot Technologies will do business as Wipfli going forward and the its associates will be remain based in Minneapolis “Barefoot Technologies has a strong track record of providing NetSuite services to businesses in the Upper Midwest,” said Ken Kortas Wipfli information technology consulting practice leader and partner “This combination will expand our resources enhance our services related to the NetSuite platform strengthen our firm’s capabilities around e-commerce solutions and deepen our offerings for job shops and inventory-based organizations.” which makes cloud-based audit automation solutions a Microsoft Excel plug-in tool available in the the Microsoft Office Store The new tool is designed to allow accountants to build financial statements schedules and other workpapers by linking from Excel directly to data in the AuditFile trial balance section The new Excel plug-in works for Excel 2016 for Mac The plug-in is on display at AuditFile's booth at the annual meeting of the American Institute of CPAs This release adds to AuditFile’s existing Microsoft integrations as it joined the Microsoft Cloud Storage Partner Program in April “Customers can choose to use AuditFile’s built-in one-click report builder for basic financials or use this tool to design their own custom reports,” said AuditFile founder and COO “The feedback so far from our customers and the market on our direction with this solution has helped fuel our development.” H&R Block outlet in New YorkDaniel Acker/Bloomberg More Zero offers free filing for federal forms 1040EZ 1040A and 1040 with Schedule A plus a state return Filers who can prepare and file federal and state returns for free include: users can take a picture of their W-2 with a smartphone and import information from the image They can also import last year’s return — as well as any new information — whether it was prepared online or on paper using the drag and drop feature “H&R Block More Zero gives more taxpayers than ever a free federal and state filing option – even if they itemize their deductions,” said Heather Watts H&R Block vice president and general manager of digital products Also new this year, all H&R Block Online products allow the Earned Income Tax Credit (EITC) to be claimed without any additional costs Log in for full access to stabroeknews.com Only one active session is allowed per subscriber Two men were Wednesday remanded to prison for robbing a Corentyne family who had several overseas-based Guyanese as guests at the time of the attack on Saturday evening were charged jointly with five counts of Robbery under Arms The men appeared at the Number 51 Magistrate’s Court on Wednesday y before Magistrate Alex Moore where they were not required to plead to the charges As such they were remanded to prison and will return to court on November 8 had explained to Stabroek News that on Friday last she picked up her son and some other relatives at the airport and returned with them to her Corentyne residence a noise was heard coming from outside of the house they paid no attention to it and went back to sleep but it was around 6 am that they discovered that a window had been broken “and then me see they wrench out the board from the wall to try to get in the house but them na get in,” she relayed She said they did not file a police report but went about their business since they had some errands to run It was around 8.30 pm on Saturday that the perpetrators returned to the house where there was a small gathering of relatives at the time Three of the men armed with two guns and one knife entered the yard while a fourth who was armed with a gun stood guard outside The three men then gathered the occupants together and ordered them to hand over whatever cash and valuables they had in their possession “Them bore me hand here with the knife to take out the bangle,” the woman stated he pleaded with them to leave them alone since that was all he had one of the perpetrators then grabbed her overseas relative’s two-year-old child and threatened that if she (overseas relative) did not bring the “money and gold,” they would go away with the child This threat prompted a male relative to break away and run outside where he began to scream for help causing the perpetrators to hasten their escape with the items they had secured at that time The men were able to cart off one Samsung Galaxy cellular phone valued $50,000 two gold and diamond finger rings valued $400,000 one gold bangle valued $100,000 along with six gold bangles valued $360,000 A FREE roundup of top news from Guyana you might otherwise miss