Author Posts: Mike
Financial Automation Research Technology
What are Financial Shared Services?
November 12, 2020 by Michael Whitmire
Since the mid-80s, Ford, Whirlpool, Intel, General Electric, and many other large corporations have been successfully using shared service centers...
Make Reconciliation Easier with Free Accounting Reconciliation Templates
October 23, 2020 by Michael Whitmire
Reconciliation is one of the most important processes in accounting. It’s how we determine that the numbers are right. Standardizing...
Accounting Reconciliation Research
What is Credit Card Reconciliation and How to Do One?
October 21, 2020 by Michael Whitmire
The world was already on the way to going cashless, and the COVID-19 pandemic accelerated that. When we were all...
Why Integrity in Accounting is Essential
October 7, 2020 by Michael Whitmire
When engineers and architects design a building or a bridge, the components must hold together as an integral whole to...
Accounting Workflow Beyond the Close Company News
Working Smarter, Not Harder with Accounting Workflow Automation
September 22, 2020 by Michael Whitmire
One of the best things about building software today is how rapidly a product can evolve. Here at FloQast, we...
IFRS vs. GAAP: What’s the difference?
September 9, 2020 by Michael Whitmire
The underlying accounting rule that debits must equal credits applies around the world, but precisely how those debits and credits...
What is Petty Cash Management?
August 11, 2020 by Michael Whitmire
Even though we’re quickly moving towards a cashless economy, there are still times when a business needs a small amount...
How to Reconcile Petty Cash
August 6, 2020 by Michael Whitmire
Debit cards and smartphones are quickly becoming the favorite ways for the younger generations to pay for things, but even...
Accounting Financial Auditing Research
What is a Financial Audit Statement? Definition & How to
July 21, 2020 by Michael Whitmire
Working with the former accountants now working at FloQast, we decided to take a look at some of the pillars...
What is Cost Allocation? Definition & Process
July 16, 2020 by Michael Whitmire
Working with the former accountants now working at FloQast, we decided to take a look at some of the pillars...
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