Embrace Technology in Bookkeeping & Stay Competitive

Staying Competitive by Embracing Technology in Bookkeeping

Technology has become part and parcel of our daily life, and this is doubly true for the business landscape. The hum of machinery has become the heartbeat of business; every business function is now dependent on some algorithm or other, and every decision is guided by machine-processed information.  It’s time to ask yourself: are you

Overcoming Key Accounting Issues in the CPG Industry

Overcoming Financial Statement Challenges in the CPG Industry

Coca-Cola, PepsiCo, and Nestle have one thing in common. They are all major Consumer Packaged Goods (CPG) industry players, facing unique financial statement challenges that require innovative solutions.  Behind every successful CPG company lies a complex web of financial management, inventory valuation, and accounting processes.  The CPG industry is witnessing massive change in many aspects

Outsourcing Your Accounts Receivable: A Game-Changing Solution for Your Business

Why Outsourced Accounts Receivable Solutions are Game-Changing

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

Fractional CFO

The Responsibilities and Importance of Fractional CFOs

Efficiently managing the accounting function poses a great challenge to small and medium-sized businesses in today’s financially uncertain business landscape. The volatile economy further exacerbates the already crippling issue. With the cost of everything across the board hiking up by the day, controlling costs demands making strategic choices to keep the business running. The plain

The-Advantages-of-Outsourced-CFO-Services-For-Start-Ups-expertiseaccelerated

The Advantages of Outsourced CFO Services for Start-Ups

Are outsourced CFO services a great choice for start-ups? Let’s find out. Finances are some of the trickiest parts of a start-up as far as management is concerned. Entrepreneurs and the core team must take up most of the initial responsibilities when trying to get the start-up going are relatively easy to learn and manage

How CEOs are Harnessing the Power of Chat GPT

How CEOs are Harnessing the Power of Chat GPT

Recently the AI chatbot Chat GPT has everyone talking to it and about it. From creating the world’s first poetry anthology (entirely written and illustrated by AI) to change the U.S. immigration law, it’s truly remarkable to witness the progress of technology. So, last month, we, at Expertise Accelerated, decided to jump on the bandwagon

Accounts Payable and Accounts Receivable

The Impact of Technology on Accounts Payable and Accounts Receivable Processes

Money in, money out: the yin and yang of a successful business. Without proper accounts payable and receivable management, even the most promising company can quickly spiral into financial chaos. But with the help of modern technology, businesses can streamline their financial operations and achieve the balance they need to succeed. In a prior publication

Accounts Payable Management

Accounts Payable Management Made Simple

In a prior publication titled “Top Accounts Payable Trends to Look Forward to in 2023”, experts at Expertise Accelerated highlighted some trends to look out for going forward regarding accounts payable management. However, accounts payable management is not as simple as some may make it out to be. Implementing policies and adapting to upcoming trends