When is the Best Time to Switch to an Outsourced Accounting Service
In today’s times hiring a professional accountant who can prepare financial statements, analyze data, manage accounts and records, prepare invoices, etc is a challenging task and an expensive affair. Small businesses and entrepreneurs face this challenge much more as they are not comfortable doing the accounting on their own as they lack the expertise needed […]
10 Ways an Accountant can Help your Small Business
Running a small business involves taking decisions on a number of business aspects related to products, services, marketing, advertisement, administration, finances, etc. While all other aspects can be taken care of by the businessman on his own, finance and accounting needs special attention, that’s where an Accountant comes into the picture. Accounting interprets the financial […]
10 Accounting & Bookkeeping Tools Every Business should use
The fast-moving world today demands quick solutions to every issue. We keep our ears and eyes wide open looking for ideas that are just a click away. The same applies to businesses all over the world, in times when there are a number of accounting tools available in the market; no one wants to stick […]
How Outsourcing Finance and Accounting Helps Businesses
Every business needs a department dedicated to managing its finances. But maintaining an in-house finance department is an expensive affair. It may also take away from the company’s ability to focus its efforts in a given direction. To remedy this situation, many firms of all sizes and from all industries have started outsourcing their finance […]
Step By Step Accounting System Migration Checklist
Accounting is the backbone of the company and accounting systems are set up by companies to organize their financial information in the most accurate manner. A good accounting system enables companies to set business goals, evaluate their performance, manage their cash flow, and meet their deadlines. That being said there are many accounting software readily […]
When Is the Right Time for Your Company to Get an Audit
The word “audit” always rings a bell and stresses people who consider it to be an investigation or a process that monitors the efficiency and security of a company. An audit does find risks and vulnerabilities but this is done to identify wastages, bottlenecks and find solutions that help companies to achieve their goals. A. […]
ESOPs for Start-ups: Basics, Benefits & Issues
Employee stock option plans (ESOPs) are an integral employment benefit offered by companies to employees. Start-ups especially use ESOPs as a recruitment tool to attract and retain talent. However, neither employers nor employees understand the basics, benefits, and issues they may have to get in terms while implementing ESOPs. A great example of this is […]
RPA – A ‘Know-it-all’ Guide
From the Wheel to Motorcycles… we evolved… From Cave paintings to VR systems… we evolved… From Hieroglyphics to Modern Language… we evolved… Here we are, from binary to AI, witnessing the biggest evolution mankind could ever forge from our own hands. The next day looks fast. The coming week looks planned. The future looks bright. […]
Is Fintech Companies In India The Most Trending Thing Now?
‘Indian Fintech’ two words that make every investor smile and boost their confidence! Wondering Why? Let’s start understanding about the Fintech with some statistics; Indian FinTech is one of the top five markets by the value of capital funding and investments in the sector with nearly $270 million of funding in 2016. This report is […]
What is a 5-year Forecast? Why is it important?
Well, simply put, it is estimation and prediction. No, not the kind where you can predict whether or not your company gets listed in the top lists of Forbes. By definition, Forecasting means recognizing past patterns of your business and applying the derived insight for the present and future patterns. It also includes dividing and […]