Tag

Finance
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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Bookkeeping services
Bookkeeping is an indispensable activity in any business. It involves recording the various financial transactions and preparing the trial balance. This sets the tone for making correct business decisions. Thus, bookkeeping is a must, irrespective of the type and size of the business. The pandemic has changed the ways of the business world. The relevance...
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Virtual CFO services have taken up the business scene by storm. There is a growing realization among start-ups or small businesses about the advantages or benefits of hiring a virtual CFO. Having said this, it is also a fact that vCFO services are not the go-to solution for all businesses. The million-dollar question we ponder...
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outsourcing_guide
Finance and accounting are crucial business functions that require professional and expert handling. It involves effective management of revenue and expenditure enabling companies to control their business. For this very reason, finance and accounting are known as the backbone of any business. Though accounting involves recording and reporting financial transactions based on both present and...
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due diligence
Due Diligence is an exercise of care, carried out before entering into an agreement, business venture, mergers, and acquisitions, etc. Due- Diligence is also interchangeably used for investigation, audit, or performance review. It is a very comprehensive process requiring experienced professionals who make a detailed study of the organization’s objectives, culture, management, processes, people, resources,...
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ESOP
Employee stock option plans (ESOPs) are an integral employment benefit offered by companies to employees. Start-ups especially use ESOPs as a recruitment tool to attract and retain talent. However, neither employers nor employees understand the basics, benefits, and issues they may have to get in terms while implementing ESOPs. A great example of this is...
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RPA
From the Wheel to Motorcycles… we evolved…  From Cave paintings to VR systems… we evolved…  From Hieroglyphics to Modern Language… we evolved…  Here we are, from binary to AI, witnessing the biggest evolution mankind could ever forge from our own hands. The next day looks fast. The coming week looks planned. The future looks bright....
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