Technology

Fintech in India: Future, Opportunities & Challenges

Fintech in India: Future, Opportunities & Challenges

Fintech is the latest buzzword in the financial world, and it is quite happening as well. The paradigm shift is evident as Fintech offers more innovative products and services than conventional banks and financial institutions. It is a win-win for all, as consumers will reap the benefits. Whether it is user experience, price, or improved…

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The Future of Accounting and the Role of Technology

The Future of Accounting and the Role of Technology

Overview The future of accounting looks to be heavily influenced by accounting and bookkeeping tasks. This trend is expected to persist and even accelerate in the coming years. Here we have listed a few technological trends that might change the accounting future. Accounting Technology:

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Cash Is Trash

Cash Is Trash

Cash is trash; is it a new concept? No. To understand why cash is losing its power, we need to understand and acknowledge the economic factor and what exactly cash is. As per our system, we categorize any holding of value as an ‘Asset.’ These assets are of different forms as well, such as fixed,…

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How can Fintech Companies Integrate Automation in just 5 Steps?

How can Fintech Companies Integrate Automation in just 5 Steps?

Introduction Automation in fintech is a need of an hour - why are we claiming? With ever-changing and constantly increasing technologies in fintech - the maintenance and optimal usage of such innovations are even hard to handle for tech personnel. Not only operational integration -

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Why must you choose to outsource finance?

Why must you choose to outsource finance?

Outsourcing your finance can help your business grow, but many business owners are unaware of the benefits. Accounting and finance are frequently thought to contribute in traditional ways: Outsourced accounting and fractional CFO services that help a company think strategically and track its strategy back to key performance indicators (KPIs) can be critical in growing your…

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Why Is Back Office Automation Beneficial for Founders?

Why Is Back Office Automation Beneficial for Founders?

A 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?

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Why should accounting firms invest in Cybersecurity?
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Why should accounting firms invest in Cybersecurity?

Introduction The rise of automation tools in accounting firms' operations made the life of customers easier than ever — but this has raised another alarming ring of factors, i.e., cybersecurity vulnerabilities.  There is a treasure of sensitive data at any financial firm that always attracts cyber crooks. As per PwC, 30% more prone to becoming…

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Descrypting India’s Fintech Future – 2022

Descrypting India’s Fintech Future – 2022

Fintech'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…

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How technology has changed Accounting?

How technology has changed Accounting?

The days of working with a stack of paperwork and accounting books all around you are long gone. Most professions have seen significant changes due to advanced technology, and accounting is no different. Many manual, routine accounting operations are now performed with the least amount of human intervention. In many ways, technology has made our…

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