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Bookkeeping vs. Accounting: What’s the Difference?

inDinero

You might wonder how bookkeeping vs. accounting differs when managing a business’s accounting. Bookkeepers are chiefly responsible for accurately recording and organizing transactions, while accountants add value by synthesizing that information into actionable insights and financial projections. What Does an Accountant Do?

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Accounting AI’s Inherent Problems and How BPO Solves Them

Magellan Solutions

The Problem with Accounting AI and the Role of BPOs. Over 70% of leaders in finance and accounting, advisory and tax services, think that Artificial Intelligence (AI) will affect data-driven insights, according to the EY 2020 Global Tax and Transformation survey. The need for AI specialists and accountants is growing.

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The 10 Ways to Achieve Data Center Efficiency

Automation Anywhere

Alongside reducing costs, improving efficiency is perhaps the primary objective of almost any chief information officer (CIO). Today, many key requirements of data centers are easily automated to improve efficiency. For example, they can concentrate on high-value DevOps jobs or planning for business needs. #4.

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4 Automated Accounting Trade-offs That You May Not Have Considered

inDinero

Automated accounting saves time on, well, counting, and sorting, comparing, and categorizing data. Instead, automating such tasks enables accounting professionals to focus on building scenarios, testing for desired outcomes, and advising business decisions with richer insight. Automating accounting affects your business.

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Accounts Payable Policy: What Is It, Best Practices, and an Example Template

Planergy Software

Download Free Copy Accounts Payable Policy: What Is It, Best Practices, and an Example Template Written by Mary Girsch-Bock 20 min read Best Practices & Tips Governance Risk Management & Compliance (GRC) Invoice Processing Download PDF IN THIS ARTICLE What Is an Accounts Payable Policy? What Is an Accounts Payable Policy?

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Helping Academic Institutions Get Smarter on Cost-Efficiency

Automation Anywhere

That’s true across functions, from HR and accounts payable and receivable to financial aid to admissions, student services, and even grading. A faculty benefit—taking the work out of recording grades Faculty can spend lots of time managing student assessment results, especially with large classes.

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Scaling Your Business Through Smart Outsourcing

SEBPO

Scaling Your Business Through Smart Outsourcing As we unlocked the ability to do our jobs anywhere, some companies have realized that limiting our hiring pool to a single city—pre-pandemic—or a single country is very limiting. The reality is that these are people who are doing jobs, and to maximize our investment, we probably need to plan.