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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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What Is Business Accounting? Tips For How To Get It Right

Planergy Software

What Is Business Accounting? Business accounting is sometimes referred to as managerial accounting or management accounting. It’s similar to financial accounting, but there are some important differences to consider. Business accounting is most useful in performance evaluation and business decision-making.

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How Outsourced Accounting Can Help Small Businesses Improve Financial Controls

Paysquare

Accounting is essential for running a business smoothly. Considering how important finance can be for small businesses, it is essential that the accounting books are in responsible hands. Accounts and bookkeeping are something that cannot be taken for granted. There are several laws that need to be adhered to.

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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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4 Lessons I Learned in My First 4 Months: Starting a New Job at Perficient

Perficient Digital Transformation

Starting a new job can pose a bit of a challenge and usually requires a great deal of effort. All these tasks can be extremely stressful. It can feel unnerving working with so many people that you don’t know and feeling like you’re left out. This may make reaching out and asking for help intimidating. 1: Meet People.

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Why CHROs are the key to unlocking the potential of AI for the workforce 

IBM Services

In the past, that meant analyzing the roles that the business needs to execute its strategy, breaking those roles down into their component skills and tasks and creating the skilling and hiring strategy to fill gaps. Imagine an AI solution trained to support accountants with key accounting tasks.