Accounting cybersecurity has been a hot topic of debate in the business landscape over the last decade. The conversation became especially relevant once remote work took over during the pandemic years and now, in the post-pandemic times. 2023 was an especially eventful year for the digital landscape, thanks to ChatGPT opening the floodgates on AI
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Jan
Jan
“How to start a hotel business?” is not a question you come across every day, but when it does come up, it gives your mind a run for its money. After all, while most of us are no strangers to staying at hotels, how many of us have ever really thought of how to start
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Dec
Dec
Outsourced accounting services and outsourced supply chain services have changed the game when it comes to business. Where businesses used to spend exorbitant amounts of money to onboard professionals in accounting and supply chains, the advent of outsourced accounting services and third-party logistics providers has made these tasks far more cost-effective. At the same time,
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Dec
Dec
Account Takeover (ATO) fraud is one of the main cyber-safety concerns that businesses must address heading into 2024. The statistics are incredibly alarming on the matter, with every new data report painting a grimmer picture. Sift’s Q3 2023 Digital Trust & Safety Index, for example, reported that account takeover fraud attacks saw an increase of
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Dec
Dec
AI is evolving, and with it, the role of accountants is expanding, too. AI and automation are transforming the everyday work of an accountant. In August of 2022, EA discussed the relevance of accounting automation and AI. However, before we get into the discussion of how accountants can leverage AI and automation, there is still
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Dec
Dec
“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
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Dec
Dec
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
06
Dec
Dec
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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Nov
Nov
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
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Nov
Nov
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