Before explaining staff augmentation, it is important to discuss what business process outsourcing (BPO) is. BPO is essentially an alternative to the conventional hiring process, where instead of initiating the hiring process internally in the business, entrepreneurs opt to contract a third-party BPO service provider to handle the complete hiring process. The service provider presents

Get ready to discover the secrets of financial success and your peace of mind!   Do I Need An Accountant for My Small Business? We at Expertise Accelerated always recommend small businesses have an accountant as soon as they can afford one. The benefits of accounting and bookkeeping for small businesses outweigh its price and other

As the old saying goes, “Practice makes perfect.”, this applies doubly so in the post-Covid business landscape. For, moments of learning only come forth in times of adversity, and the business world at large learned a great lesson on the fragility of businesses as of the past few decades,  especially the last 4 years, after

E-commerce has revolutionized how we do business; and for better or worse, it’s here to stay. As reported by Entrepreneur.com, being one of the fastest-growing industries in the world today, E-commerce has garnered quite a reputation for itself as an industry with a shallow bar for entry while offering substantial profit potential. Today, all you

Diversification is key to success. This principle applies not only to your product portfolio, but also to your income streams. Diversifying your income can help to mitigate risks and provide stability, which is especially important in the constantly changing world of business.  Income diversification is especially important in today’s recessionary environment. Recessions can lead to

Think of the last time you visited your favourite retail store, or even ordered something online from them, and ask yourself this question: Did they have what you needed ready and waiting for you before you even arrived? If your answer is yes, then you have just experienced what it feels like for customers to

In today’s fast-paced business landscape, every minute counts. Time is money, and the more time spent on repetitive tasks, the less time to focus on strategic initiatives that can grow the business.  That’s why businesses worldwide are turning to automation to streamline processes and boost efficiency. And when it comes to streamlining the invoicing process,

Once upon a time, there was a small manufacturing company that produced specialty parts for airplanes. The company had been in business for several years and had grown steadily, but they were experiencing some financial difficulties. The management had a hunch that their financial reports might be inaccurate, but they didn’t know how to find

What are Accounts Receivable? The accounts receivable function is essentially responsible for managing any and all invoiced payments for services rendered that are yet to be paid by customers. Businesses are leaning toward outsourced accounts receivable services to get the job done. There are quite a few reasons for this shift towards outsourced accounts receivable