Inventory cycle counting is an effective check-and-balance process to verify the in-stock inventory and reset any inaccuracies found in the process. inventory cycle counting eliminates the need of counting the whole inventory in a particular warehouse. A small set of items is picked instead and taken as a reference to compare it with the count…
read moreManual reconciliation is quite time-consuming and susceptible to errors. Since reconciliation is an essential aspect of every business, it becomes difficult to get an exact idea about the business finances without accounting reconciliation. Account reconciliation automation is a great way to make your accounting more efficient and fraud-free. So, what is accounting reconciliation and what…
read moreRobust financial management is the backbone of any business and it becomes even more important during a crisis.
read moreAutomation has become an essential part of our life. From chatbots to kiosks, and AI-powered gadgets, automation is everywhere. And why work hard when you can work smart? In the world of finance and accounting,
read moreA CFO or Chief Financial Officer is a key member of the C-suite of any company who manages a whole host of key duties ranging from creating strategies to financial planning and improving the quality of services. If you are looking to avail of
read moreThe development of a robust structure from complex processes is crucial to sustainable financial success in business. Owing to an in-depth understanding of your business model, compliance, access to detailed financial data, and tax demands, there is no better individual than the CFO to step into the strategic leadership role. Effective financial controls and processes…
read moreChoosing the right business Cash flow optimization and increasing profitability always top the priority list of every business, and that’s why you need simple accounting software that makes your team proactive. Various business accounting software Whether you are a startup, small business, or an established enterprise with a large workforce and footprint, you need accounting…
read morePayroll automation can save your business from undesirable errors and time-consuming processes. Whether you are a small business or a big business with a large employee base, automation in payroll can help you streamline a myriad of business processes. Before we go through the benefits of payroll automation, let’s first understand what it is. What…
read moreCash is to business what oxygen is to the human body. No department of an organization can run without funds, and if you want your business to be successful, you gotta be an expert at cash-flow management. Turning a blind eye to cash flow management will only lead to losses your business eventually pays the…
read moreA CFO has to juggle multiple responsibilities to keep the organization competitive and in sound financial health at all times. If you have a finance background and often wonder what a CFO does, this blog is for you. More often than not, we end up oversimplifying the responsibilities shouldered by a CFO, and hence in…
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