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/Nowadays, digital agencies are reforming the story that the numbers reveal. However, the question arises why we need to update financial reporting for the digital era and why businesses need financial reporting services? Harvard business review has conducted interview series with multiple Chief financial officers of technological companies and investment analysts to get the answer to these questions. It questioned majorly on two key aspects: What...
Read MoreOutsourced accounting and finance services have gained a substantial foothold amidst SMEs. They are gaining add-on benefits and accelerating business growth. However, while businesses consider outsourcing for the first time, they might fear about some critical issues. Sometimes, they are reluctant to take the step, mainly where your finances are concerned. Often observed with indifference, confusion many entrepreneurs have the misconceptions surrounding outsourced services abound. Thus,...
Read MoreThe accounting and finance department is nothing less than the heart and blood for any business. Tasks like processing and preparing balance sheets, financial records, cash flow statements are vital for any enterprise's survival. These procedures are not just time-consuming but expensive as well. Here're some tips that can help in improving the department's overall efficiency. Time-saving policies Experts recommend firms set a monthly cutoff date...
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