Accounting Software

What is Cloud Accounting? Pros and cons of Cloud Accounting

What is Cloud Accounting? Pros and cons of Cloud Accounting

Cloud accounting is the latest buzzword, and if you are still using desktop-based software for accounting, it is time for you to upgrade your technological infrastructure and switch to cloud-based accounting. There are numerous benefits of cloud accounting, and upgrading to

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What is the accounting cycle, and how does it work?

What is the accounting cycle, and how does it work?

According to bookkeeping process that is used to produce information for business stakeholders about the company’s financial performance and position, for a specific period (monthly, quarterly, annually). The primary reason why the accounting cycle is required in every business is that it maintains all the financial data consistently, accurately, and in an organized format. Also,…

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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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CLOUD ACCOUNTING – Why and future for bookkeepers, Accountants, and Auditors

CLOUD ACCOUNTING – Why and future for bookkeepers, Accountants, and Auditors

Cloud Accounting is a relatively new concept but a very much accepted product in the business world, especially by the accounting aficionado. In the world, information about any subject is a click away; why should it take more time to obtain information on your own company's book of accounts? The thought of having access to…

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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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