Restaurant accounting software has grown by leaps and bounds in the past year, so we figured it was time to take a look back and see who won the title of best restaurant accounting software of 2024. Looking Back at 2023 2024 is coming to a close, and I think everyone can agree that this year was one of the best when it comes to technological progress. We saw artificial intelligence step into the limelight this year, with businesses worldwide
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 robust SAP setup in your business and utilizing it to its maximum capabilities. Not to mention that with how varying SAP can be. There can
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 requires a strategic approach. In this blog, we’ll explore how staff augmentation can be the key to achieving that elusive equilibrium. The Problem at Hand
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 this accounting software, and most, if not all, bookkeepers and accountants must become certified to be Xero Bookkeepers (if they want to have a shot
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, but rather that things have become too jargonized. Newcomers in the business world often find themselves lost in all the many acronyms and jargon casually
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 is an immensely tricky matter, and the government imposes strict regulations and legislation to keep everyone honest, which means that on your end, you need
At Expertise Accelerated, we have often encountered the question of staff augmentation vs. consulting services over the years and whether clients should opt for one or the other. Many clients do not know if they are the same or entirely different services. Such a question is, of course, not so easily answered. There are many variables to consider, and each service has strengths and weaknesses. So, we figured it was high time somebody sat down and broke down the two
Accounting is one of the oldest professions in civilized human history and has been around for centuries. From the plains of ancient Mesopotamia and Sumer to the concrete walls of Italy and Scotland, what started as a system for managing currency spread like a spider web, expanding its horizons and growing in depth. Even as we sit today on the shoulders of giants, accounting continues to grow and evolve before our eyes. The times are changing, and accounting has grown
Offshore staff augmentation is projected to play a major role in the business landscape going forward. 2024 is on the horizon, and while there has been massive progress in recouping the losses incurred by the business world during the pandemic, much work remains to be done. Access to skilled labor is among the top issues for businesses heading into 2024, with the national average labor force participation rate sitting at an uninspiring 62.6% as of July 2023, according to the
Can we transform the traditionally mundane world of accounting and bookkeeping services into something undeniably cool and engaging for everyone? 2023 is almost over, and as the new year ushers in new opportunities and prospects, there are a few concerning matters that must also be addressed. In particular, the statistics have been quite alarming regarding the state of the accounting profession. Last week, the Institute of Management Accountants published a devastating report that broke down the numbers for professionals leaving