The Cash Flow Playbook Series: Turning POS Data into Business Insights
August 18 @ 1:00 pm – 2:00 pm EDT
As automation and AI continue to reshape traditional compliance activities, accounting professionals are increasingly seeking opportunities to expand their advisory role. One often-overlooked area is the point-of-sale (POS) system, which plays a critical role in sales tax management, inventory tracking, payroll workflows, financial reporting, and business operations.
In this session, Dawn Brolin, CEO of Powerful Accounting, Inc., and Jody Padar, co-founder of XcelLabs, will share practical insights gained from working with small businesses. Participants will learn how to evaluate a client’s current POS environment, identify common operational and reporting challenges, and understand the key features accountants should consider when assessing modern POS solutions.
Through real-world examples and demonstrations, attendees will explore how integrated POS and payroll technology can simplify reconciliation, improve access to business reporting and dashboards, streamline sales tax administration, and support inventory management. The session will also provide a practical framework for discussing POS optimization with clients, understanding the implementation process, and leveraging business data to support higher-value advisory services.
Learning Objectives
- Identify the core POS capabilities that impact sales tax management, inventory tracking, payroll processes, reconciliation, and financial reporting.
- Recognize common operational and accounting challenges associated with managing POS data and integrating POS systems with financial processes.
- Evaluate the key features, reporting capabilities, and integration considerations accountants should assess when reviewing POS solutions for clients.
- Understand the accountant’s role in the POS transition process, including implementation considerations and ongoing access to business insights.
- Assess how POS reporting and business intelligence tools can support advisory services and help firms expand beyond traditional compliance-focused engagements.
Level:
Basic
Instructional method:
Group internet-based
NASBA field of study:
Accounting
Program prerequisites:
None
Advance preparation:
None
Note:ย CPE is only available for attending the live event, on-demand viewing is not eligible.
