IBM Services

FEBRUARY 23, 2024

The General Data Protection Regulation (GDPR), the European Union’s landmark data privacy law, took effect in 2018. Irish regulators hit Meta with a EUR 1.2 Data controllers may want to keep particularly robust records, as the GDPR holds them accountable for the compliance of their partners and vendors.

Regulations 80

Regulations Right-Sizing Government Automation 80

Paysquare

JULY 5, 2023

Importance of Accounting and Bookkeeping for IT and ITes Companies: Accounting performs a vital role in the success and sustainability of IT (Information Technology) and ITEs (Information Technology-enabled Services) companies. When it comes to IT and ITes bookkeeping , these companies face unique challenges.

Accounting 52

Accounting Regulations Cybersecurity Information Technology 52

Magellan Solutions

AUGUST 6, 2023

The finance and accounting world is undergoing a technological revolution. As a business owner with an accounting practice, you can use Artificial Intelligence advances to transform your work processes. We’ll explore how AI tools can benefit the finance and accounting industry.

Accounting 98

Accounting Finance Data Entry Out-Tasking 98

Paysquare

JULY 7, 2023

Accounting and bookkeeping are significant for all businesses – small and big. By maintaining proper accounting records, businesses can evaluate profitability, identify areas of improvement, make strategic investments, comply with tax regulations, attract investors, and demonstrate transparency and credibility to stakeholders.

Accounting 52

Accounting Finance Service Payroll 52

Paysquare

AUGUST 3, 2023

Accounting functions especially demand attention to ensure accurate record-keeping, compliance with tax regulations, and informed decision-making. However, for many small business owners handling accounting internally can be time-consuming, complex, and costly.

Accounting 52

Accounting Efficiency Outsourcing Regulations 52

Paysquare

AUGUST 7, 2023

Outsourcing accounts have gained popularity because of several factors. It allows businesses to focus on core competencies while delegating non-core accounting functions to specialized experts. Outsourcing provides access to advanced accounting technologies and expertise that may be otherwise difficult to obtain in-house.

Accounting 52

Accounting Outsourcing Collaborations Out-Tasking 52

Perficient Digital Transformation

NOVEMBER 10, 2023

When they need to change direct deposits, clear checks, or open new accounts at a bank, their funds often remain untouched. Transaction Accounts Regulators classify transaction accounts under the Monetary Control Act of 1980 and the Federal Reserve Regulation D for federal reserve requirements on deposit liabilities.

Accounting 52

Accounting Banking Retail Risk Management 52

Paysquare

MAY 29, 2023

With rising fuel costs, increasing competition, and evolving regulations, transportation companies must find innovative ways to reduce costs without sacrificing efficiency or quality. Outsourced accounting services are one area where transportation companies can achieve significant cost savings. What is Outsourced Accounting?

Accounting 52

Accounting Outsourcing Labor Costs Payroll 52

inDinero

APRIL 8, 2023

However, deciding between cash vs. accrual accounting methods is a critical one that will have far-reaching implications. For instance, why is it essential to select between cash and accrual accounting methods? What sets cash and accrual accounting approaches apart? What Is Cash Basis Accounting?

Accounting 52

Accounting Banking Insurance Out-Tasking 52

Perficient Digital Transformation

NOVEMBER 27, 2023

In the dynamic environment of highly regulated industries like healthcare and financial services, leaders often balance competing goals to delight customers while cutting costs. This blog was co-authored by Carl Aridas and Joel Thimsen. Build a reliable risk management strategy using accurate estimations and predictions.

Regulations 52

Regulations Efficiency Healthcare Automation 52

AS White Global

AUGUST 4, 2022

No matter how big or how small your company is, accounting services are essential in supporting the day-to-day operations of your business. With advancements in technology – from automated accounting software to cloud-based platforms – tedious and time-consuming accounting tasks can now be done more efficiently with more accurate results.

Offshoring 98

Offshoring Accounting Jobbing Finance 98

inDinero

MARCH 23, 2023

Introduction In today’s competitive private equity (PE) landscape, portfolio companies (portcos) frequently confront significant obstacles in managing their finance and accounting functions. High Operational Costs Managing finance and accounting functions can be costly, especially for smaller portcos.

Finance 52

Finance Accounting Data Entry Analytics 52

inDinero

MARCH 23, 2023

Introduction In today’s competitive private equity (PE) landscape, portfolio companies (portcos) frequently confront significant obstacles in managing their finance and accounting functions. High Operational Costs Managing finance and accounting functions can be costly, especially for smaller portcos.

Finance 52

Finance Accounting Data Entry Analytics 52

Invedus

MAY 12, 2023

What is outsourcing accounting? When you hire a third party to complete the accounting and financial functions of the organization, this is referred to as outsourcing accounting. Hiring a third party for your accounting task is usually less expensive than hiring someone internally.

Accounting 52

Accounting Outsourcing Finance Payroll 52

Magellan Solutions

SEPTEMBER 9, 2022

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.

Accounting 75

Accounting BPO Out-Tasking Finance 75

Everest Group

MAY 25, 2022

Governments are building frameworks for the regulation of emerging technologies to protect consumers and companies while promoting innovation and digital leadership. Europe’s latest moves for technology regulation are not in isolation. Implications of technology regulation for the European ecosystem.

Regulations 52

Regulations Engineering Marketing Sourcing 52

Everest Group

MAY 25, 2022

Governments are building frameworks for the regulation of emerging technologies to protect consumers and companies while promoting innovation and digital leadership. Europe’s latest moves for technology regulation are not in isolation. Implications of technology regulation for the European ecosystem.

Regulations 52

Regulations Engineering Marketing Sourcing 52

Perficient Digital Transformation

FEBRUARY 8, 2023

In an industry that is highly regulated, understaffed, and still recovering from the COVID-19 pandemic, David Perkins, account manager, is striving to enable healthcare organizations (HCOs) to provide better patient care. I’d love to start with hearing more about the facets of your role as an account manager at Perficient.

Accounting 69

Accounting Management Healthcare E-Commerce 69

Intelligent Sourcing

FEBRUARY 6, 2023

The British energy market regulator Ofgem, regularly publishes customer satisfaction data covering the entire energy market in the UK. The reality is that only 64% […] The post The Arvato/British Gas scandal highlights the difference between accountability and responsibility appeared first on Intelligent Sourcing.

Accounting 52

Accounting Regulations Sourcing Marketing 52

inDinero

MAY 1, 2024

No matter how big or small your business is, whether you do your own bookkeeping or you have an entire accounting team, there are three financial reports that all entrepreneurs must know like the back of their hands. Compliance : Consistent financial reporting must comply with accounting standards, regulations, and laws.

Accounting 105

Accounting Regulations Finance Banking 105

Ivemsa

NOVEMBER 22, 2021

Meanwhile, a shelter company handles all necessary administrative tasks, including HR and accounting services. Navigating foreign regulation is a tricky landscape and can delay productivity when trying to adapt. There are similar regulations in Mexico as there are in the U.S. This concept of outsourcing helps U.S.

Accounting 52

Accounting Outsourcing Manufacturing Payroll 52

Magellan Solutions

SEPTEMBER 17, 2021

Importance of Account Payable Services For SMEs. The more vendors you have, the more at-risk you are for costly errors in your accounts payable process. Once your business grows, the complications that come with managing your accounts payable process in-house will surely slow down the growth of your business. . TALK TO US!

Accounting 52

Accounting Outsourcing Service Business Process Outsourcing 52

IBM Services

APRIL 24, 2024

Far-reaching regulations like Europe’s GDPR levy steep fines on organizations that fail to safeguard sensitive information. Even then, the admins can only use the data to help customers troubleshoot account issues, and only with the user’s explicit permission. The app heavily encrypts all user financial data.

Regulations 84

Regulations Government Accounting Retail 84

Paysquare

APRIL 30, 2024

This change in Statutory compliance procedures not only lightens the load on businesses but also improves accountability, transparency, and the general regulatory system. AI-generated reports offer real time insights and enable businesses to make informed decisions and regulators to monitor compliance more effectively.

Government 52

Government Payroll Cybersecurity Regulations 52

inDinero

JUNE 29, 2023

Accrual Accounting is a vital component of Generally Accepted Accounting Principles (GAAP). Understanding the principles of GAAP accrual accounting can be challenging and daunting; however, with the right guidance, it can be achieved. What are Generally Accepted Accounting Principles (GAAP)?

Accounting 98

Accounting Regulations Payroll Finance 98

IBM Services

FEBRUARY 1, 2024

Under such centrally governed systems, accountability needs to co-exist with privacy, while both need to respect the need for authorized audits. That ceiling has been shattered by recent work done by IBM Research®, which delivers a high performing framework for CBDCs that combines privacy, regulation compliance and advanced resilience.

Banking 98

Banking Retail Regulations Research 98

31 West

JULY 8, 2022

Regulations of IT compliance vary by the industry you operate in, and it keeps changing. As an industry expert, you must know which regulations to apply to your sector. Enhance Growth: Companies adopting IT compliance have more opportunities to operate in geographic areas with specific compliance regulations.

Regulations 130

Regulations Insurance Healthcare Advisory 130

Metasource

MAY 1, 2024

Modern finance leaders are pursuing accounts payable (AP) automation solutions with several goals in mind… Maybe you want to eliminate manual data entry and give your staff back time for more high-value tasks. This statistic alone makes finding an accounts payable automation partner who prioritizes data security crucial.

Automation 52

Automation Accounting Customer Support Data Entry 52

Paysquare

JULY 28, 2023

This article aims to assist businesses in assessing potential providers by emphasizing critical factors that must be taken into account when deciding on a payroll outsourcing service. Accuracy and Compliance The observance of local, state, and federal regulations is of utmost importance in payroll management.

Payroll 98

Payroll Outsourcing Regulations Customer Support 98

Magellan Solutions

APRIL 28, 2023

Increasing client demands, ever-changing regulations, and competition are some of the difficulties. Finance & Accounting : Financial reporting, bookkeeping, and managing the accounts. Business Compliance : Ensuring compliance in regulating laws to avoid legal and financial damages.

Administrative 98

Administrative Insurance Outsourcing Data Entry 98

IBM Services

MAY 9, 2024

For starters, healthcare organizations constantly encounter vast (and ever-increasing) amounts of highly regulated personal data. Healthcare organizations must adhere to data privacy regulations like HIPAA and GDPR. The healthcare industry faces arguably the highest stakes when it comes to data governance.

Government 66

Government Healthcare Regulations Insurance 66

Paysquare

MAY 16, 2024

If payroll services are regulated and controlled wisely, a lot of company problems can be solved. Makes Difficult Regulations Easier: A proper balance of accounting & bookkeeping services can smoothen the workforce management process of a company.

Payroll 52

Payroll Automation Regulations Research 52

Automation Anywhere

AUGUST 24, 2022

Reporting errors and/or delays can result in significant scrutiny from regulators and investors. Automation reduces the number of manual controls, reporting errors, and operational costs of the finance and accounting function.

Finance 145

Finance Automation Robotics Process Automation Accounting 145

IBM Services

SEPTEMBER 15, 2023

Globally, there has been an uptick of landmark regulations forcing companies to address sustainability issues like climate change, and to disclose the work they are doing to address these issues. For example, the regulated disclosures could be anything from estimates around Scope 3 emissions, to investor-grade data.

Regulations 77

Regulations Analytics Government Automation 77

inDinero

JUNE 29, 2023

Accrual Accounting is a vital component of Generally Accepted Accounting Principles (GAAP). Understanding the principles of GAAP accrual accounting can be challenging and daunting; however, with the right guidance, it can be achieved. What are Generally Accepted Accounting Principles (GAAP)?

Accounting 52

Accounting Regulations Payroll Finance 52

Everest Group

DECEMBER 11, 2023

Day 2: The United States takes center stage by addressing methane management as a crucial step for reaching net zero emissions Environmental Protection Agency (EPA) announces regulations on methane leaks The second day of COP28 brought a wave of positive news, particularly from the United States.

Regulations 64

Regulations Collaborations Accounting Analytics 64

Groove Technology

JUNE 12, 2023

Trust and Accountability Trust and accountability can be a challenge when working with remote software developers. This includes complying with local tax laws, setting up payroll systems, and providing benefits in accordance with local regulations. You can also establish overlapping hours where all team members are available.

Software 130

Software Payroll Regulations Reduced Overhead 130