Here’s a not-so-bold prediction: There’s a decent chance that CFOs couldn’t care less about your Excel proficiency in the near future. Why? Today, accounting managers and CFOs are looking to hire candidates with a growth focus and ability to adapt to changing technologies. This is bad news for job candidates who emphasize their strong Excel

In 2017, $160.6 billion US dollars in non-cash transactions were recorded for North America alone. By 2022, this figure is projected to amount to $201.8 billion US dollars. [Source: https://www.statista.com/statistics/265767/number-of-cashless-transactions-worldwide-by-region/] As individual smartphone usage continues to gain ground and more businesses embrace digital operations, financial transactions are also becoming increasingly technical.  Individual device technology is

Automation is changing the way the world conducts business. It provides businesses with tools that speed up operations, streamline functions, and enhance productivity. The end result? Improved efficiencies and profitability that businesses can’t afford to miss. Effective integration of tools and applications can help small to mid-sized businesses achieve high growth goals without exhausting their

So you are running a dental practice and want it to grow. Let’s face it, you’ve already got your hands full managing your clinic, the staff, and your patients. But, like any business, dental clinics require strict bookkeeping practices in order to thrive financially. To improve the accuracy and efficiency in bookkeeping, check out these

With today’s growing and ever-changing regulations and compliance landscape, clients expect their accountants to offer more value-added services in addition to bookkeeping. This new growth mindset is not limited to CPAs, as accounting firms are also creating ways to add more value. According to SourceMedia Research, 98% of accounting firms are exploring ways to diversify

As a business owner, it can be a daunting task to determine the perfect financing option for the growth of your small or mid-sized business. Let’s dig into the top five ways of financing: debt, equity, and the latest alternative financing options: crowdfunding, peer-to-peer lending, and corporate cards. Types of Financing Options Available 1. Debt

Want to grow your business? Good business credit is the key to getting funding for your venture, but establishing a positive business credit history does not happen overnight. Here are the top three ways to make your business creditworthy. 1. Maintain a Healthy Business Credit Score Your personal and business credit history is an important

For various reasons, many small and mid-sized businesses don’t budget. A staggering 61% of small businesses didn’t create a budget in 2018 and around 82% of startups fail just because of cash flow problems. Below are five reasons why budgeting leads to financial stability and success of your business. 1. Predicts cash flows and avoids

While technology can ease the modern CPA’s workload, it can also drive them completely mad. To help control the chaos and boost productivity, CPAs require a Tech Stack. It’s a set of third-party apps and connected services designed to work together and boost your daily efficiency and effectiveness. Sensitive data, regulatory changes, and savvy competitors

Most contemporary practices, including CPA firms, utilize modern technology to manage their data more efficiently. This includes startups and even small businesses where electronic document management systems and cloud based reporting are gaining traction in replacing paper files, especially for processes such as accounting and bookkeeping. There are many benefits to online accounting, several of