If the business does not have its own finance department, it can outsource the role to another company. Aside from that, the company can use Virtual CFO services. Services for a Virtual CFO might be provided remotely or through an outside consultant. Businesses must adapt to changing circumstances as a result of digitization. Some firms,…
read moreMetaverse happens to be the buzzword among marketers. However, now it's also a surging topic for financial c-suite leaders to discuss. With 91% agreeing that leading organizations will push to make the virtual world crucial to their business reality. Again, 70% of CFOs believe it will have a positive impact. To fulfill the need of…
read moreA conceptual shift is taking place in the traditional approaches to managing and assisting business operations. Founders are re-inventing their business operations with the help of technological innovations like intelligent automation (RPA+AI), which introduces optimization techniques. What is Back Office Automation?
read moreIt is not a good idea for a business owner to handle bookkeeping. You must maintain track of all receipts, comprehend cash flow, and prepare tax reports. Instead, you should hire a professional accountant or bookkeeper. But first, you need to understand the main distinctions between bookkeeping and accounting. As a result, we'll go over…
read moreHow often have you heard, in the months or years following the launch of your company, that you require bookkeeping services? The majority of business owners, including you, will likely respond "a lot" to this query. Since the day you initially opened your doors and received your first payment, advisors, partners, and other well-meaning employees…
read moreFintech's future in India is going to be intense as the market size of$150 billion by 2025. How Fintech is changing the world can be guessed by the fact that FinTech is expected to be $1 Tn in total market value and $200 billion in revenue by 2030. The other good news for Fintech is that…
read moreGone are the days when accounting meant drowning in piles of paperwork and deciphering labyrinthine spreadsheets. Just as technology has reshaped numerous professions, the field of accounting has witnessed a significant transformation. Technological advancements have not only elevated efficiency but also revolutionized the very essence of how accountants operate. In a world where data reigns…
read moreFor the last few days, the repo rate has been on the lips of the common people. Everyone is saying that RBI has increased the EMI of their home, personal, and car loans by increasing the repo rate. Some people are aware of the repo rate, but most people have no idea about it. So…
read moreIntroduction SOPs or Standard operating procedures (the acronym for SOP) Ever happened? You assigned a task and got an altered picture of what you wanted. You assumed you covered everything, even going back and forth several times while explaining. Still, tons of errors or task straight up wasn't understood correctly in the end! To bridge this…
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