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One of the most challenging tasks for non-profit executives is creating a budget that balances mission execution against the often-harsh reality of available funding resources....
In the ever-evolving world of business, mid-market firms are increasingly looking towards innovative technologies to maintain their competitive edge. Among these technologies, Artificial Intelligence (AI)...
Introduction The decision to outsource your franchise’s accounting operations represents a transformative step in optimizing your business's financial management. As franchise operations become increasingly complex,...
Errors in the accounting and finance world can lead to dramatic consequences — enforcement actions, lawsuits, financial losses and a loss of reputation for the...
This year has been marked by a noticeable shift in the finance and accounting approach of top-performing organizations. Rising labor shortages, advanced data capabilities and...
Firms in the private equity space operate in a competitive environment where accuracy and agility can make or break deals and shape the success of...
How can a mid-market company differentiate itself from its peers and outpace the competition? For many organizations, the answer may lie in the untapped potential...
In today’s rapidly evolving digital landscape, small and medium-sized businesses (SMBs) face an unprecedented challenge: maintaining robust cybersecurity while embracing digital transformation. As these organizations...
As CFO, you bring a unique and valuable perspective to your organization. That’s why finance departments have begun to shift more and more into strategic...
We have all been there, a frustrated customer ranting online about their ice-cold fries, a missing side dish, or a delivery that never arrived. Third-party...
Is your non-profit taking full advantage of data? When surveyed, 90% of non-profits have reported that they collect data, but only 40% currently use that...
Traditional budgeting is holding back many mid-market organizations. Relying on annual budgets creates an overdependence on historical data, leaving businesses vulnerable to changing market conditions....
Historically, mid-market finance departments have concentrated on accounting functions, administrative processes, and transactional operations. These manual, labor-intensive tasks often required large finance teams just to...
As mid-market companies contend for market share, those with strong management and strategic foresight will gain a competitive edge. Success in this space requires businesses...
Navigating the middle market presents unique challenges and opportunities. Unlike larger corporations, mid-market companies are more vulnerable to economic fluctuations and often struggle with resource...
Effective financial management is critical for the success of any non-profit organization. In a sector where every dollar is crucial, strong internal controls are not...
In the ever-expanding digital landscape businesses encounter vast opportunities alongside ever-evolving cyber threats. Even a seemingly minor breach can result in severe consequences, affecting reputation,...
Finance and accounting are areas that are pivotal for the success of any franchise. With this in mind, many franchises are now choosing to outsource...
In today’s ever-evolving cyber threat landscape, organizations require robust security solutions that can not only detect and respond to threats but also anticipate them. Security...
The Multi-Cloud Dilemma: Navigating the Complexities of a Hybrid Cloud Landscape The cloud revolution has transformed the way businesses operate. Public cloud providers now offer...
Conquer Economic Uncertainty: How P2P Outsourcing Streamlines Your Business From supply chain disruptions to inflationary pressures, the global economic landscape always seems to offer businesses...
Understanding NetSuite’s Unique Position in the ERP Market In the fast-paced world of mid-market businesses, finding the right tools to streamline operations and improve efficiency...
The rise of remote and hybrid work models has fundamentally changed how businesses operate. Cloud computing has become the backbone of this new normal, enabling...
Top accounting and finance firms have begun to use artificial intelligence (AI) tools to optimize their workflows and provide better financial reporting and analysis for...
Understanding the difference between insourcing and outsourcing finance is crucial for new CFOs in navigating today’s dynamic business landscape and finding a way to make...
In the realm of technology, disruptions are inevitable. Recent events such as the CrowdStrike-induced Microsoft outage and unrelated Microsoft New Zealand outage, all underscore the...
Many businesses have embraced the cloud for its scalability, agility, and access to cutting-edge technologies. However, the initial excitement can be dampened by the ongoing...
Leveraging IT for Value Creation in Private Equity: Beyond Due Diligence In the hyper-competitive world of private equity, finding hidden gems and maximizing returns requires...
Unlocking Growth Potential with Record to Report Outsourcing To stay ahead of the curve, ensuring accurate and timely financial reporting is critical. This is, however,...
In today’s data-driven world, a single cyberattack, hardware failure, or natural disaster can cripple your business. While backups offer a safety net, a comprehensive disaster...
Beyond Phishing: Unmasking the Human Factor in Cybersecurity Breaches We live in a world where phishing scams are common occurrences. Most people understand the risks...
Maximizing Financial Efficiency: Leveraging Outsourced Accounting In today’s competitive landscape, businesses are constantly looking for ways to streamline operations and maximize efficiency. One often-overlooked area...
Is your IT department constantly in firefighting mode? Are reactive repairs causing disruptions to your workflow and hindering your employees’ productivity? If so, you’re not...
Has your business implemented proper internal controls into its accounting process? If not, you may be opening yourself up to significant financial risk — a...
Strong internal controls are critical for non-profit organizations to prevent fraud and ensure stakeholder trust. Most internal controls are reliant on good “segregation of duties”,...
Outsourcing your accounts payable (AP) to a trusted partner can be a great way to optimize your business spending. But how do you know if...
The exhilarating rise of business growth is frequently accompanied by an intricate maze of compliance standards. Embracing new technologies, addressing emerging cyber risks, and maintaining...
Google has recently announced a major restructuring of its finance team, with a significant portion of the work previously done by humans moving towards automation....
Is accounting automation a safe solution for businesses? Automation can bring efficiency and speed to your accounting workflow, while also often lowering costs. However, it...
In every business, big or small, good accounting and bookkeeping are the keys to financial health. However, accounting tasks can often pull business owners and...
Implementing Digital Transformation: Best Practices for Business Growth In today’s rapidly evolving landscape,digital transformation is more important than ever. . However, navigating this journey can...
Inefficiencies in the accounts payable process in the healthcare industry can affect a provider’s financial health and the ability to deliver quality care. Digital transformation...
Nowadays, as technology underpins virtually every aspect of business operations, managing the costs associated with IT resources has become a key concern for organizations. IT...
Why a Mid-Sized Business’ Cybersecurity Plan Must Be Solid! When it comes to cybersecurity attacks, threat actors are frighteningly impartial. Every organization, regardless of size,...
While cyberattacks are becoming a more serious issue for all organizations, enterprises of a certain scale are particularly vulnerable. On average, enterprises are estimated to...
While the restaurant and food service industries are expected to grow in 2024, restaurant operators are also encountering increased challenges. Costs for labor, rent, and ingredients...
Upping the Game: Why Cybersecurity is a Critical Cog in Digitally Transforming an Organization Cybersecurity continues to be a “push-and-pull” challenge for businesses . On...
IT Empowerment for Private Equity: Maximizing Investments through Strategic Technology In the high-pressure environment of private equity, squeezing every drop of value from investments is...
When the economy takes a downturn, or even if there is a threat of a downturn, restaurants and other food service businesses often feel the brunt...
In the competitive world of modern business, maximizing Return on Investment (ROI) in Information Technology (IT) feels like traversing a complex labyrinth. For CIOs, CTOs,...
In the competitive world of private equity, every advantage counts. While financial expertise and market knowledge are crucial, ignoring the power of technology can be...
In today's hyperconnected world, streamlined connections and robust security are non- negotiables for organizations all over the world. Yet, navigating the complexities of wirelessnetworks can...
As digital currencies like Bitcoin and Ethereum gain prominence, their unique characteristics and regulatory nuances pose challenges for businesses and accounting professionals. Cryptocurrency adoption requires...
Strategic Safeguards: Cybersecurity Excellence for Large Enterprises For any large organization, keeping pace with digital transformation is a tricky proposition. On one hand, the race...
Private Equity is a complex and rapidly evolving sector and PE firms can face a wide variety of risk management and compliance challenges. PE and...
Carve-outs have become a strategic tool for private equity firms seeking to optimize their portfolios and unlock value. The process of transitioning a carve out...
In today's dynamic business landscape, organizations face a unique challenge. They stand at a crossroads, juggling ambitious growth aspirations with the need for operational efficiency....
Navigating the US data privacy and compliance landscape can feel like traversing a regulatory minefield. A patchwork of federal and state-level regulations, coupled with industry-specific...
The Burgeoning Mid-Market Landscape: Growth Amidst Growing Pains As your mid-market organization expands, IT can become a burden – integrations, security, compliance,automation, optimization – it’s...
In today's dynamic and competitive business landscape, agility, scalability, and cost- efficiency are no longer buzzwords but essential for success. Cloud computing has emerged as...
Private equity firms constantly seek new innovative strategies to enhance value and drive growth. One of the strategies in private equity that has gained prominence...
With recent advances in technology, many businesses are adapting and updating the way they do financial reporting and how they develop their financial models for...
Mergers and Acquisitions (M&A) can redefine markets, establish new leaders and create significant value for shareholders. However, the success of these complex processes can often...
Payments for federal student loans have restarted as of October 2023, after a three-year-long pause. The change was finalized during negotiations on the recent debt...
Artificial Intelligence is driving change across nearly every industry and sector, and the field of accounting is no exception. But to state that AI is...
In today’s rapidly evolving business landscape, companies of all sizes and scope must overcome myriad challenges to efficiency and growth. Amid this complexity, stakeholders often...
Analytics and data have revolutionized the way human resource management (HRM) works. HR professionals are increasingly leveraging technology and data, which is leading to the...
Introduction Remote working has become increasingly popular in recent years, thanks to advances in technology and the growing acceptance of flexible work arrangements. However, remote...
Introduction Enterprise antivirus (AV) software has been the mainstay of cybersecurity for decades. However, as cyber threats become more sophisticated and focused, antivirus software becomes...
In the rapidly evolving landscape of Managed Service Providers (MSP), Artificial Intelligence (AI) is not merely a technological advancement; it's a transformative force reshaping operational...
Wireless (Wi-Fi) and LAN (wired) connections, as we all know, are two of the most common ways to connect devices to a network. Both have...
Social engineering is one type of cyberattack that uses human psychology to obtain access to sensitive information or systems. Attackers employ a range of approaches...
Fraud is a pervasive issue that siphons away billions of dollars from businesses globally each year. Even the biggest and most reputable businesses aren’t immune...
The accounting department traditionally manages a company's financial transactions, handles audits, and prepares financial statements. The Human Resources (HR) department, on the other hand, is...
Introduction In today’s digital world, cybersecurity is a critical concern for businesses of all sizes and industries. Cyberattacks are becoming increasingly sophisticated and frequent, and...
Businesses are becoming increasingly reliant on digital systems as technology progresses. IT outsourcing has become a crucial strategy for businesses aiming to gain a competitive...
The extreme weather events and natural disasters of the last several years have driven home the harsh reality of climate change and added urgency to...
Startups are the lifeblood of the economy, but they often face challenges in managing their back-office operations. These chores can be time-consuming and costly, and...
IT infrastructure has evolved throughout time. Regardless of who you are or the size of your organization, selecting the proper IT model is a major...
The Changing Landscape of Cybersecurity The digital world has always been a battleground, with threats evolving as quickly as the defenses against them. From the...
Is your company’s lack of professional IT support holding you back? While IT is essential to the success of your business, it’s important to understand...
In today's business landscape, mid-market enterprises are experiencing a profound paradigm shift, and CFOs are at the forefront, playing a pivotal role in driving innovation,...
Managing cash flow is an integral part of operational sustainability for businesses in the healthcare sector. With changing regulations from federal, state and local governing...
Retaining top talent and ensuring that employee well-being is always at the forefront can be a complex challenge for businesses large and small. Human resources...
Amidst a revolutionary shift in the automotive industry, CFOs are often at the forefront, spearheading the transformation. Explore the dynamic evolution of CFOs as they...
Most people often have a skewed perception of what Human Resources is or what they do, either from TV shows, movies, or former employees who...
The role of the modern CFO is undergoing a transformation within the non-profit sector, as they play a vital role in achieving organizational goals. In...
The role of the contemporary CFO is undergoing a significant expansion. In our blog series, “Expectations of Today’s CFO,” this particular article explores the transformative...
There were many words thrown around repeatedly during the COVID-19 pandemic; common ones being virus, distancing, and mask, but nearly as frequent was the word...
After the Great Recession of 2007-2009 finally ebbed, businesses enjoyed more than a decade of robust economic growth and relatively low financial volatility. But that...
“Without big data, you are blind and deaf and in the middle of a freeway.” — Geoffrey Moore. Data is one of the most valuable...
The responsibilities of today’s CFO are growing, and our latest series, “Expectations of Today’s CFO,” delves into the changing landscape for CFOs in various sectors...
Whether you’re just starting out, or a well-established Fortune 500 company serving customers around the world, cash flow management is essential to the success of...
As MSPs, VARs, and OEMs continue to expand and grow their technology services, many organizations are choosing to partner with master MSP’s, or enablement value...
In the highly competitive restaurant industry, the impact of financial management on a business’s success cannot be overstated. Poor financial management can lead to a...
Financial reporting is a critical function of any business. It entails the preparation of financial statements that detail a company’s financial performance, position, and cash...
Accounting is the backbone of any organization, providing insights into financial health and overall growth. Traditional accounting, comprised of desktop-based platforms and file-saving practices, were...
In today’s fast-paced business world, productivity is key to staying ahead of the competition. To increase productivity and efficiency, many businesses are using cloud-based solutions...
Whether you own one restaurant or a dozen, a mom-and-pop store or a nationwide chain, all business owners and leaders face a common challenge –...
For a Good Cause: Back-Office Support to Strengthen and Serve the Community, Ensure Control and Financial Compliance Running a non-profit organization is a complex and...
As technology advances, so are the techniques employed by hackers to target in infiltrate organizations of all sizes. We have observed a shift in the...
Like the year gone by, 2023, too, is expected to be an eventful year for the global finance and accounting (F&A) space. Not only is...
The Clear and Present Need for Proactive Monitoring of Digital Assets The book, “Business at the Speed of Thought,” written by Bill Gates and Collins...
The concept of “enterprise mobility” gained prominence during the pandemic and is now the first, if not the only, choice preferred by today’s tech-savvy millennial...
If you enjoyed tracking numbers, you would have opted for a career in finance or mathematics. Nonetheless, most experienced physicians who become practice owners are...
Every business article on customer engagement, cost savings, production efficiencies, and marketing research focuses heavily on one topic – adopting cloud computing apps, AI (artificial...
Today success in business is hugely determined by a company’s information technology (IT) infrastructure and capabilities. Whether it is manufacturing or the service industry, a...
With the economy potentially on the verge of a recession, private equity (PE) firms are focusing on preparing for their next phase of growth, which...
Every year, non-profits receive millions of dollars in donations.The Forbes list of the Top 100 Charities for 2021 alone received a minimum of $167 million...
Is cloud sprawl adding to your IT management costs? What is a cloud sprawl, and what can you do to minimize the risks and costs...
Business owners and managers across industries are finding it increasingly difficult to find and retain talent. In the latter part of 2021, after two years...
Introduction Having trouble deciding which accounting solution is best for your organization? It goes without saying that finding the best in-house accounting staff or outsourced...
The Present and Future Advantages of IT Helpdesk Outsourcing Process automation, business applications, data management, and cybersecurity are crucial for the success of every organization....
Enhancement of accounting efficiencies is vital for retail businesses in the post-pandemic era. The pandemic exposed many existing vulnerabilities in the already struggling retail industry....
Worried about customer experience? Here’s the solution! “The advance of technology is based on making it fit in so that you don’t really even notice...
“Phishing Attacks” one of the biggest cyber threats most organizations are facing these days. Over 80% of organizations were attacked by phishing last year, according...
What is SIEM? The security technology known as security, incident, and event management (SIEM) provides a comprehensive picture of possible security threats and vulnerabilities. It...
Do you back up your phone or laptop data to Google Drive or OneDrive? Do you have an iCloud Music Library account? Considering your answer...
Business today is about using the right technology. Almost every process in your company can today be automated in some way. But with so many...
Cloud computing is a prime example of how new technologies and data-driven approaches are shaping the way companies operate. While it may be new to...
“Corporate culture matters. How management chooses to treat its people impacts everything for better or the worse” – Simon Sinek The cornerstone of a strong...
Technology is an integral part of being competitive and maximizing customer reach. The scope of information technology (IT) for business includes business apps, data security,...
One of the ground rules of business ownership is to do what you do best and hire experts for everything else. This concept has given...
Healthcare IT is an integral part of delivering patient care and managing hospitals and medical practice systems. However, the post-pandemic patient care challenges, the drop...
Has the ongoing pandemic inadvertently created a “black swan” moment for the global healthcare outsourcing space? It wouldn’t be a surprise, given the swift and...
Technology is continually advancing, and it has altered the way businesses operate. Many businesses all around the world are heavily reliant on technology, so it’s...
Automation has redefined much of backoffice business processing over the last two decades, including the accounts payable function. In the absence of automation, invoice processing...
The global finance and accounting (F&A) outsourcing market is expected to grow at an estimated 5.9% CAGR and is expected to be valued at $53.4 billion by...
As companies face rising costs and labor shortages, business process outsourcing could be the mantra for sustainable growth. Businesses in the US are seeing a...
Cloud technology has grown exponentially in recent years, becoming one of the foremost powerful forces within the business world. The growing importance of cloud technology,...
The Cloud is reshaping the way we live and work. At home, the shift away from physical media such as CDs and DVDs has resulted...
Has the pandemic affected revenues and margins in your business? Outsourcing accounts receivables could be the answer to your cash flow concerns. Over the last...
Business process outsourcing is a popular strategy to improve functional efficiencies while reducing employee overhead. Research shows that at the start of 2021, 80% of...
You’ve probably heard the terms “Big Data” and “Cloud Computing,” but did you know they go hand in hand, with many public cloud services actually...
“Technology will not replace great teachers but technology in the hands of great teachers can be transformational” – George Couros We live in a world...
Cloud technology has infiltrated every aspect of businesses and operations, and it has emerged as a key component in companies’ digital transformation journeys. 70% of...
Have you ever wondered – How much data is produced on a daily basis, and how secure is it? The numbers are staggering.Have you ever...
A study commissioned by the Small Business Association (SBA) before the global pandemic found that over 627,000 new businesses open each year, and in that...
Running a successful organization is challenging in today’s time. Consistently repeating this feat, is even more so. It is crucial for entrepreneurs to focus on...
The implementation and rise of automation has allowed for new techniques and processes to be created that improve efficiency, speed and the reliability of many...
Today’s business environment is changing more rapidly than ever before. It is becoming more and more uncertain, volatile and complex. The ongoing pandemic has disrupted...
Healthcare payers are in the midst of unprecedented transformation as rising healthcare costs, changing patient demographics, stringent regulations, and empowered consumers push for a smarter...
Cloud-based accounting is similar to traditional, on-premises, or self-install accounting systems, with only the accounting software hosted on remote servers, similar to the SaaS (Software...
As CEOs and Executive Directors assess the impact of the recent COVID challenges, they need the data and analysis to be able to take action...
Accounting plays a vital role in the functioning of any business. Heading into the 21st century, finance and accounting professionals saw the emphasis of their...
Fraud poses an incredible threat to organizations of all types and sizes, in all parts of the world. The occurrence of fraud may also expose...
