Hype vs. Reality: AI in Finance and Accounting

“Success in creating effective AI (Artificial Intelligence), could be the biggest event in the history of our civilization. Or the worst. We just don’t know. So we cannot know if we will be infinitely helped by AI, or ignored by it and side-lined, or conceivably destroyed by it”                                                                                                                                    Stephen Hawking In the wise words of

Year End Accounting Checklist

Year-End Accounting Checklist

Lucas sighed in exasperation as he told me about the year-end accounting tasks he’d dreaded completing. “Every year, it’s the same frantic scramble as year-end approaches,” he said. “I don’t know how to avoid this year-end accounting crunch.”  Like many, Lucas struggles with the year-end accounting tasks. Year-end accounting can be a challenging time. It’s

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How to Start Your Own Business in 2024 in 10 Steps

Starting one’s own business and being known as an entrepreneur has its perks. It’s a rewarding experience indeed. With almost everyone interested in the entrepreneurial landscape and the number of businesses opened each ear rising at an astronomical rate, it’s only natural that everyone wants a piece of the pie. However, not many people know how

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The Top 5 Supply Chain Outsourcing Companies of 2023

Looking back at the past three years from a business perspective, one cannot help but marvel at what supply chain outsourcing companies can achieve. The COVID-19 pandemic confined us all to our homes, leaving us no choice but to trust the online marketplace for our day-to-day needs. Just a few decades ago, such a notion

SAP Staff Augmentation

Unlocking the Full Potential of SAP with SAP Staff Augmentation

In the ever-changing, dynamic realm of Enterprise Resource Planning (ERP), Systems, Applications, and Products, or SAP, stand apart from everyone else. It is the undisputed best for driving efficiency and enacting positive growth and change in businesses across the spectrum, regardless of industry or business size.  There is, however, a big difference between having a

Staff Augmentation for Holiday Season

Balancing Family and Business in the Holiday Season with Staff Augmentation

October is over. We have officially entered what businesses call “the holiday season,” with themed sales going live almost daily. As the holiday season unfolds, finding the delicate equilibrium between family festivities and business responsibilities becomes a juggling act for many entrepreneurs.  Navigating the intersection of family and business during this joyous yet demanding time

Xero Bookkeeping

Top 10 Xero Bookkeeping Tips and Tricks

Xero is no stranger to the business landscape, sporting some of today’s most robust and utility-filled accounting and bookkeeping tools. While QuickBooks has certainly taken the mainstream business landscape by storm, Xero is no slouch and has proven itself time and again why it deserves its renown.  Any fledgling accountant today is well aware of

Demystifying Fractional Accounting: A Comprehensive Guide

Fractional accounting and fractional CFO have become something of a buzzword these days in business circles. Everyone seems to be discussing it around, yet many people do not know exactly what it entails.  Of course, that is not to say that the esteemed business community of the US does not know what it’s talking about,

Real estate accounting guide 2024

Real Estate Accounting 101 — The Basics

The real estate industry has grown exponentially in the last few decades, with almost every capable person leveraging real estate to make a profit. Whether you are a landlord renting their property out to tenants, an investor, or a real estate professional or broker, you need at least fundamental knowledge of Real estate accounting.  Property