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Accounting Software Solutions: The Future of Accounting in 2021

By Analytix Editorial Team

June 28, 2021 1 Comments
Accounting Software Solutions

In a world that grapples with a changing landscape, the fight against COVID-19 continues. The significance for businesses is that remote work and work from home are still viable options for employees. In the early days of the pandemic, studies revealed that businesses with some digital capabilities easily adapted to the trend. The move towards

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Accounting Process Automation: Significance for Your Business in 2021

By Analytix Editorial Team

June 21, 2021 0 Comments
Accounting Process Automation

COVID-19 has led many businesses to adapt digital processes, including introducing online processes for transactions with customers. While the first wave of adaptation happened last year, with businesses introducing contactless transactions, the trend continues in the current year. It is expected that digitization will increase further this year and in the time to come. A

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How to Stay Connected to Your Clients While Working Remotely

By Analytix Editorial Team

June 14, 2021 0 Comments
Stay Connected to Your Clients While Working Remotely

According to a report by Owl Labs, nearly 70% of full-time workers in the US are working from home during COVID-19. Working remotely is forcing individuals to find a balance between home and work-related chores, and they are facing difficulties in doing so. One in five reported working more hours per week during the pandemic.

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Bookkeeping Automation: Here’s What You Need to Know

By Analytix Editorial Team

June 7, 2021 0 Comments
Bookkeeping Automation

As business communication and transactions go digital, it is important to remember that accounting as a function has always embraced technology. Automation for bookkeeping and accounting practices has proven to be effective. Most number-crunching tasks associated with bookkeeping and accounting are both time and attention-consuming, as well as prone to human error. Automation of basic

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Does Your Business Need Accounting Advisory Services?

By Analytix Editorial Team

May 27, 2021 0 Comments
Does your business need accounting advisory services

Accounting and bookkeeping are fundamental to business success, regardless of the industry in which the business operates. This is equally true for bookkeeping firms and full-service CPA firms. Very often, these firms are inundated with deliverables and may unwittingly neglect their own business requirements. Advisory services can help these busy, multi-tasking businesses to streamline their

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Remote Working and Staffing for Your Small Business

By Analytix Editorial Team

May 24, 2021 0 Comments
Working and Staffing

The pandemic has demonstrated that there is no such thing as impossible. Services such as food and other retail purchases were already being conducted online. However, innovation in online communication normalized and supported a remote delivery model for many other services including remote consultation for health and medical needs (telemedicine), education (online classes), and many

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Streamline Operations and Build Business Profitability

By Analytix Editorial Team

May 18, 2021 0 Comments
Streamline Operations and Business Profitability

As businesses continue to battle economic uncertainty in the COVID-19 landscape, startups and small businesses should focus on financial management. Research quoted by Small Business Trends recently shows that 32% of small businesses have cash reserves to last them a month or less, and more than 15% don’t have cash reserves at all. The significance

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New Accounting Tools, Applications and Automation in 2021

By Analytix Editorial Team

May 11, 2021 1 Comments
New accounting tools and technology

Accounting automation processes repetitive, high volume, manual tasks with enhanced reliability and reduced errors. Automation allows businesses to redirect resources to focus on information-driven decision-making and crucial business development activities. For accounting, bookkeeping, and CPA firms, consolidating finances and investing in growth strategies is important in aligning the business with the latest in accounting tools

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Received a PPP Loan? Here’s What You Need to Know About Deductions

By Analytix Editorial Team

May 3, 2021 1 Comments
PPP Loan Forgiveness

The Paycheck Protection Program (PPP), assisting small business owners affected by the coronavirus pandemic, has faced unprecedented demand. According to Forbes, technical shortfalls and unclear guidelines have created difficulties for businesses, in dire need of support, to access funds. For businesses that received PPP assistance when they needed it, loan forgiveness is paramount. Businesses are

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Tips to Choose Your Accounting Software Setup

By Analytix Editorial Team

April 30, 2021 1 Comments
Tips to choose your accounting software setup

Accounting software helps businesses reduce the burden of repetitive and data-heavy tasks. This is especially true of automation used for bookkeeping and accounting. Mapping business processes and more importantly, requirements, is vital to optimizing software deployment. Here are three tips to help you choose the right accounting software for your business. Consider business requirements first

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