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
12
Apr
Apr
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
03
Apr
Apr
Top 9 Outsourcing Types: Find A Perfect Fit for Your Business 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
01
Apr
Apr
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
27
Mar
Mar
Virtual Assistants for CPAs are an incredibly potent solution to the ever-present struggle of time management. CPAs simply have so many things on their plate that half the time, you’d be lucky to find their noses not buried in a ledger. Much like the legal profession, the life of a CPA is unfortunately mired by
25
Mar
Mar
Outsourced accounting services, or any kind of outsourcing service, are not an operational monolith. Far from it, these firms can be categorized based on various factors. Location, relationship, and pricing strategy are primary outsourced accounting models. Rather than overload you with information, we felt it best to keep things simple and dive into the most
18
Mar
Mar
You might have heard the term “accounting project management” at work as an accountant or project manager. For a layman, accounting and project management would appear to be quite distinct disciplines. So, what exactly is this strange combination of the two, and why does it matter? What is Accounting Project Management In a sentence, accounting
15
Mar
Mar
What is E-Commerce Inventory Management? Efficient e-commerce inventory management means no more stockout, less lost sales, or excess ordering. E-commerce inventory management refers to the systems an e-commerce business uses to manage inventory. An e-commerce inventory management system deals with sourcing, storage, tracking, quality assurance, demand planning, and supply planning. It addresses many more functions,
14
Mar
Mar
Business analysts often bridge the gap between technical teams and business stakeholders, translating needs into actionable plans. Companies seek them out first whenever business growth is an issue. But what is a business analyst, and what is his/her role and responsibility? If you want to learn more about business analysts and their role in companies,
12
Mar
Mar
This article is for you if you are interested in learning more about the perks and cons of AI in accounting and finance. If you are an accountant, I highly recommend learning how to incorporate AI into your work. This will make your work faster and smarter and help you take on higher strategic roles