Finance work is getting faster and smarter with automation and AI. AP automation helps by capturing invoices, checking details, and getting payments approved quickly. AI gives real-time updates so businesses can make better money decisions. Outsourcing AP can cut costs by up to 70% and speed up invoice processing to 3–5 days. It also reduces

The accounts payable process aids businesses to handle and track payments they owe. But what are accounts payable? It’s the money a company owes for goods or services it has already received. The firm records these unpaid bills in its accounting system. AP improves cash flow, keeps suppliers happy, and ensures accurate reporting. A smooth

Choosing outsourcing or in-house accounting is key. It impacts costs, efficiency, and growth, with pros and cons based on your needs. Handling accounts payable (AP) internally can be costly and prolonged. As your business grows, staying organized gets harder without more staff. That’s why many companies outsource AP to save time and resources. Outsourcing means

Sometimes, companies ask others to help with their money work. This is called outsourcing. When these helpers use computers and smart tools, it makes the work faster and easier. So, using technology with outsourcing helps companies keep their money stuff organized better! Technology powers daily business tasks, using machines and data to improve decisions. So,

Still using spreadsheets, manual entries, and paper trails for AP? You’re wasting time.  You’re also facing extra costs, late payments, and unhappy vendors. These problems go beyond inefficiency and can hurt your business. As a startup founder, you juggle many duties. It’s easy to concentrate only on urgent things like emails and deadlines. But this

In today’s fast global economy, financial accuracy and operational efficiency are very important. Outsourcing finance functions is no longer a cost-cutting compromise but a strategic consideration for companies trying to remain fleet and competitive. One of the most impactful of these decisions is the choice to collaborate with an offshore accounting partner. But offshoring your

More firms are turning to offshore accounting to reduce expenses and tap into professional talent. There are about 35M small businesses in the U.S., making up 99% of all companies. The global accounting industry will grow from $652B in 2023 to $804B by 2028, at a 4% yearly increase. About 40% of U.S. businesses now

Choosing between BPO and in-house tasks can impact your business’s efficiency and costs. Did you know? Businesses that use BPO can cut their operating costs by up to 30%. Research shows the accounting outsourcing market will hit $53.4 billion by 2026. Boeing & Walmart are outsourcing accounting to ease processes, enrich efficiency, and drive growth.

E-commerce accounting simplifies finances, reducing stress. Offshoring saves time, ensures accuracy, and promotes growth. eCommerce sales will reach $8 trillion by 2026 and $10 trillion by 2027. With rising competition, businesses must reduce expenses without sacrificing quality. In 2024, over 3 billion people will shop online, fueling global eCommerce growth. Plus, 52% of small businesses

Overview XYZ (name withheld for confidentiality) is a US-based CPG company. It was struggling with poor payment ratios that were driving vendors away, jeopardizing the supply chain. EA’s team stepped in to streamline XYZ’s accounts payable process, ensuring vendors were paid on time and kept informed about payment schedules. By improving bill tracking and payment