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5 Ways Outsourcing Improves Your Company’s Mortgage Processing

The US housing crisis from 2006 to 2009 changed how banks approved their mortgage loans. They’ve become stricter with the approval of these loans. Before the housing issue, the average borrower paid 20% of their down payment. Today’s borrowers only pay 5%, which has a significant impact on a mortgage lending business’s profit and operational costs. Can mortgage processing be done at a lower cost such that the lender or bank can focus on improving their services within these circumstances?

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3 Practical Ways to Create Intelligence Reports for Smart Business Strategies

In today’s highly competitive, digital market, any company requires updated data and a thorough analysis that will lead the way to actionable items. Business intelligence reports use services and software that turn data into actionable insights that your company can use for both its tactical and strategic decisions. A thorough business intelligence report will provide stakeholders and managers the key information and analysis around these findings in the form of graphs, charts, summaries, reports, and dashboards.

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5 Big Finance & Accounting Trends in 2020

Businesses are now going beyond the best practices in accounting and see now that digital innovations are improving financial processes. These address pain points in production output, operational costs, and return on investment, among others. Finance leaders are now creating a balance of maintaining their traditional responsibilities while developing a corporate strategy with digitization and automation in mind.

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How to Integrate Automation & the Human Touch in Accounting Processes

Accounting is one of the most tedious and time-consuming tasks in any business. Deadlines enable faster work but the stress of the job increases chances of error. Thankfully, it is no longer the 1990s and automation is here to aid your accountants in this crucial season. Companies can still save on the costs and reduce the time spent on processing the different aspects of accounting. Automation allows you to streamline your company’s accounting and invest in cost-efficient resources. 

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3 Best Practices for Risk Management

Risk management is a developing field that has become crucial to any business. Many startups and small businesses can look to this field for best practices and advice on how to protect their business as it grows.

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When to Outsource Your Accounting Processes

Though not the most exciting part of a business, accounting is an absolute essential. It is well known that managing a business' finances can be quite tedious and time-consuming. In fact, accounting goes beyond simply counting expenses and revenue and even acts as a guide for complying with laws and regulations, analyzing your business' financial health, and give you data to improve growth strategies.

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4 Ways to Improve Your Accounting Process

Improving your accounting processes leads to less time wasted by accountants. It can also result in increased loss prevention and improved revenue flow.

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4 (Lesser Known) Benefits of Outsourcing Accounting Processes

Accounting is, without a doubt, an integral part of any business. Small mistakes in a business's accounting can cost the company bottom-line dollars, in many cases significant dollars.

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4 Reasons to Outsource Your Bookkeeping

Bookkeeping and accounting are necessary and integral functions in a business.

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Streamlining Finance Operations: From Number Crunchers to Strategic Leaders

Accountants are no longer just the number crunchers in a business. With the increased automation of their basic tasks, they are now expected to focus on strategic finance and accounting operations and make important business decisions to drive growth.

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