Accounting Software
Accounting Automation
Businesses have always used machines to make their work easy. Though the use of automated machines initially began with manufacturing activities, their use in accounting has been booming. Automation enables companies to process a large volume of data and reduce manual processing at cheaper costs. Automated accounting is beneficial to the firm in the following...
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Financial controller Vs CFO
The terms financial controller or CFO, though used interchangeably, have some differences. This is especially true for small companies who are low on budget to hire a financial controller and a CFO. There are many factors that have to be considered while deciding who the business needs; A Controller? A CFO? Or both? Who is...
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accounting practices
Every company small and big alike needs to keep their finances in check all the time, to do so they use various accounting practices and procedures. Companies that regularly keep their accounts and records up-to-date can take effective and timely decisions that lead to success and growth. Hence, it is imperative for every company to...
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Financial services outsourcing has proven to be a boon to many businesses. The manufacturing sector has realized the benefits of outsourcing accounting services to a greater extent in recent times. The concerns of accounting for the manufacturing firms are unique. It ranges from the calculation of procurement costs of the resources, transportation costs, labor costs...
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CEO financial tools
A report by Forbes stated that around 30% of Fortune 500 CEOs have spent the initial years of their careers developing a foundation in finance. This showcases that large companies prefer CEOs with a strong background in finance. Companies require CEOs – who can generate value and recognize the financial factors affecting the organization. Characteristically,...
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