On National Tree Day, September 22, the Telpay Trees Fall 2021 campaign kicked off with the ceremonial planting of a Manitoba Maple tree on the grounds of the Manitoba Legislature in honour of Manitoba’s 150th anniversary. Premier Goertzen and the Honorable Ministers Guillemard and Cox picked up the shovels as well as Telpay CEO Cora Jalonen and Telpay founder, Bill Loewen. With the Golden Boy overseeing the activities, it was a beautiful sunny fall day to gather together in such a special way.
If you’re like most business owners, you’ve been hard at work building your business, and as a result, some of your workflow and processes may have taken a backseat. But let’s face it – as an owner, the lack of organization may have resulted in lost money (do you remember if all invoices were paid?) and quite a bit of frustration (exactly how long did it take to find that sales receipt last week?). Plus, every receipt-less deduction and lost invoice could be setting the stage for an audit and no one needs any extra attention from the CRA.
It’s time to clean house and get organized, so it no longer has control over you.
Here are 3 tips to help you not lose sleep and to see that come tax season, you’re not frantically searching for those misplaced gas receipts.
1. Get Familiar with Telpay’s Amazing All-In-One Payments Solutions
As you may or may not know, Telpay has live webinars every week to show our clients how to get the most out of their Telpay software. They’re FREE and all you have to do is register to attend on our website! All webinars are 30 minutes long and give you the ability to ask a real, live person any questions you may have after the session. As the shooting star says, “The More You Know”!
As most accounting firms know, dealing with banks to make payments for clients can be frustrating, to say the least. But a couple of years ago, that’s exactly what InterPaid was doing — or trying to do.
When Andrew McAuley launched his Sarnia, Ontario-based bookkeeping and business management company in 2019, he had one goal in mind: to enhance the accounting setups of small, medium, and large businesses using a full range of efficient services.
Those services would come to include full-cycle accounting, payroll, remittances, accounts receivable collection, accounts payable management, business optimization, and more. And while InterPaid quickly found early success, banks placed one significant speedbump in the company’s way.
Banking on Inefficiency
That speedbump was the same one faced by many accountants today: making payments using the direct deposit features of their clients’ banks.
“This was an extremely time-consuming and difficult task as we had to have individual logins created, signing authorities depending on the bank, etcetera,” says McAuley. “Not to mention, most banks’ direct deposit payment platforms are not designed for accountants or third-party providers.”
A Message from Telpay’s CEO, Cora Jalonen
Please join us as we take a moment’s pause to reflect on our past and explore our vision as we present this Special Edition 35th Anniversary Report.
The year 2020 will certainly go down in history as a year of global challenge and unrest. But it has also been a year of care, resourcefulness, and resilience. As Canada’s trusted leader in the fintech industry for 35 years, Telpay is the longest established stronghold in electronic payments.
The year 2020 also marked the retirement year of Telpay founder, innovator, and communitarian Bill Loewen. It has been a pleasure to work with Bill throughout these past years. Bill’s career spanning over 5 decades, has influenced the financial management of the nation.
Telpay was pleased to sponsor the Manitoba Environmental Industries Association’s Emerging Issues conference last week. As many businesses continue to navigate the pragmatics of working from home, virtual conferences provide missing opportunities to forge our connections and promote our businesses.
Here’s a short video recap of Telpay presentation.
The theme of this year’s conference was “Adapting to a Changing World.” The keynote speakers, the strong Indigenous content, and practical discussions were inspiring and useful. The Aboriginal Business Leaders Panel and Aboriginal Elders Panel presented strong visions and opportunities on the path towards reconciliation. The MEIA Students Chapter Panel highlighted the real strength of today’s environmental education and offered a grounded sense of hope for the future. The call to heat our buildings and operate industries without natural gas was affirming numerous examples of how this can be achieved. And of course, what all businesses are discussing these days – post-Covid strategies. How can we use what we have learned through the Covid experience to continue to evolve towards a just and sustainable future? Undoubtedly the most important call to action. Never waste a good crisis.
To learn more about the Manitoba Environmental Industries Association and their programs, have a look at their website at www.meia.mb.ca