The world of accounting is changing fast thanks to new digital technology. Manual record-keeping is being replaced by AI tools and cloud systems. These technologies are changing how accountants do their work. They are also changing the services accountants provide. Over the last 20 years, technology has changed many parts of life. Accounting is one

Managing accounts payable helps keep your business finances strong. It keeps cash flowing, builds trust, and avoids payment stress. But when invoices pile up and approvals slow down, it can feel tough. Businesses today must do more with less, seeking ways to cut costs and work efficiently. Better accounts payable frees up cash stuck in

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

Managing vendor payments is vital but can cause cash flow and supplier issues. That’s where effective accounts payable (AP) management makes a difference. AP management means building a reliable system to pay bills accurately and follow rules. Studies show 88% of manual AP documents have errors like wrong numbers or dates. AP plays a vital

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

Handling accounts payable on-site can be expensive and prolonged. Outsourcing AP can save up to 70% in costs and reduce invoice processing from 10–15 days to 3–5 days. This allows your team to concentrate on enhancing products and serving consumers. The right partner ensures security, control, and improved efficiency. Outsourcing AP lessens mistakes, increases financial

An accounts payable team has two key duties: handling cash flow and building suppliers’ trust. This is tough, especially with outdated methods like paper records and checks. Moving to digital processes and using AP automation can make things easier. But even with automation, AP teams are still busy. They manage vendor payments, travel expenses, loan

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

Accounts payable and accounts receivable are vital financial tasks for any business. Comparing liabilities to expected revenue is the first step in managing cash flow. These tasks are slow and repetitive leading to errors, delays, and unhappy stakeholders if not managed well. Outsourcing Account Payable and Receivable tasks to Expertise Accelerated can improve efficiency without

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.