Most companies, especially startups and small businesses, forget the purpose of accounting. Even though maintaining books for compliance and taxes is a crucial goal, its primary aim is to ease the decision-making process by providing financial insights. Accounting plays a crucial role in helping business leaders gain insights into key metrics, assess the performance of …
How to Choose the Right Accounting Automation Solution? Read More »
Businesses worldwide are rapidly evolving with the rise of intelligent technology. Even the accounting industry is experiencing an unparalleled push to automate bookkeeping due to this demand for technological efficiency. However, as a Gartner survey notes, “94% of controllers put high energy and resources into closing company books but could curb deadline pressure and the …
6 Ways to Improve Your Accounting Processes With Digital Bookkeeping Read More »
Even in this day and age, most accounting firms are resisting the shift to accounting automation, preferring only human accountants. However, avoiding online accounting services can severely limit an organization’s ability to grow and evolve into a significant business. Observations and deep analyses of the market reveal that the key players in these companies have …
Answering Common FAQs about Accounting Automation and Bookkeeping Read More »
If the data isn’t reliable, there are more chances that it will affect business decisions and can make a negative impact on the company. Mckinsey’s research shows that ineffective decision-making leads to a lost working time of 530,000 days and wasted labor costs of 250$ million per year. So where is the data? Maybe it’s not …
Make Better Decisions Using Accurate and Reliable Financial Statements Read More »
