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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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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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How to Excel in Financial Reporting with a Finance Solutions Partner

Don’t you think creating financial statements is a major chore? It can be, especially if you’re a leader who needs to handle everything. Because leaders have a tendency to spread themselves too thinly, this presents a few problems for the business:

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4 Common problems with in-house bookkeeping and accounting

As a business owner, you want to feel like you're in the driver's seat of the business. You want to be sure everything is working smoothly. The best way in your mind to do that is to take control of all aspects of the business.

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Top 4 Challenges Facing the Accounting Industry Today

It’s quite evident that the accounting sector has undergone some major changes over the years........and changes are still taking place. Advancements in technology and changes to the tax system are some big trends shaking the industry.

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Why Companies Need Risk Management

As much as we love pleasant surprises in our personal lives, we want to avoid those in business. With risk management planning, companies can easily see potential issues that may occur in any project. This gives you a better overview of a project’s performance, especially where it needs special attention. Beyond that, risk management helps in improving communication between and among leaders and team members, gives you better data for better decision-making, and decreases assumptions that could derail your plans in the long run.

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How Outsourced Bookkeeping Can Help Improve Your Revenue

Bookkeeping might have been the last thing on your mind when you started your business. Maybe you started because you wanted to make an impact, just to earn extra cash. Either way, you've come to realize that quality bookkeeping and accounting is absolutely essential to keep your doors open.

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What to Look for in a Bookkeeping Service Outsourcing Partner

You know the importance of finances to the success of your business. Managing how resources are allocated is crucial to a smooth operation. You also know that managing your finances can be challenging.

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Building Blocks of Modern Accounting: Internal Auditing and Artificial Intelligence

Transactions are the most vital part of every business, it is the focal point of every communication whether it is concerning business to customer exchange or business to business trade. Trades mean investments, and investments mean business decisions. In corporate relations, business leaders want assurance that a transaction is cross-checked, well accounted, and original. This may mean handling unique personal details such as financial information, proof of purchases, legal documents and the like, which only happens following a business presentation that has communicated trustworthiness during the process. In a traditional workflow of exchange, transaction happens only after trust building which includes exchanging significant documents that assure both parties of its entire uniqueness. However, in this generation of continuously developing technology, how can assurance be digitized? Nowadays, we call it the “blockchain”.

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