AI in business analysis is evolving.  In 2024, it shattered the foundations on which many modern business functions were built. We are currently in an age of change, where everything is experimental. Business analysis lies at the core of this rebuilding effort. Every action a business takes today must be considerate of AI. Business analysis is how we explore and discover the business’s performance, strengths and weaknesses, and use that information in decision-making. It happens for every part of the

Accounting trends are reshaping the financial landscape in 2024. Accounting has always been a sore topic for business owners, eliciting groans and sighs as they get the ledgers out. In 2024, however, things have begun to change dramatically. Technology and processes in the accounting space have entered a golden age of progress in 2024. After breakthrough technologies like blockchain and AI entered the fray, the future of accounting is in for a wild ride. Today, let’s review some of the

Hiring the right outsourcing type for your business tasks is decisive for driving sustainable business growth and gaining financial freedom. Amidst reports of Apple exploring the possibility of outsourcing AI models to Google, it prompts reflection on whether outsourcing could similarly enhance your company’s operations, and which among the leading outsourcing types would be most advantageous for your business. Before going for an outsourcing type, business owners should evaluate their business needs. They can do this by asking themselves different

Benefits of EDI Implementation In this blog post, we delve into the myriad benefits offered by the implementation of Electronic Data Interchange (EDI). Within the realm of client management,  there are  varying degrees of manual and automated processes followed by companies as follows: 1. Completely manual Enter order information manually 2. Partially automated Receive EDIs but don’t integrate them 3. Software integration Uses software to transfer data from EDI to ERP, with validation checks The best type of companies are

This article is for you if you are interested in learning more about the perks and cons of AI in accounting and finance. As the industry evolves, understanding the implications of artificial intelligence becomes essential for professionals at every level. If you are an accountant, I highly recommend exploring how to incorporate AI into your daily work processes. Embracing AI technologies can significantly enhance your productivity by automating repetitive tasks, allowing you to focus on more strategic initiatives. This transition