The accounting industry is on the precipice of another huge change in 2024, driven primarily by new trends and evolving expectations from CPAs and accounting firms. This is largely due to the enhanced adoption of outsourced bookkeeping services. This trend is a direct result of CPA firms facing an accounting talent shortage that has more... Continue Reading
You can offload a few hours of your workweek by hiring someone to get things done on time—cue the virtual assistant. But half of the battle is having a virtual assistant, and using it properly is something completely different. In the early stages of building or running a business, it can be challenging to know... Continue Reading
Back-office support outsourcing is the process of outsourcing specific low-value office processes to a specific third-party vendor. The numerous managerial, operational, and assisting functions performed by these third-party vendors do not directly connect to the company’s central business functions. The back-office functions include tasks such as accounting, data entry, invoicing, IT support, customer service, payroll... Continue Reading
Document imaging is a critical process in which paper documents are converted into digital format so that organizations can store, manage, and access the information more effectively. Document imaging solutions provide ways for companies to boost productivity, cut costs, and streamline operations. The evolution of doing business today is colliding head-first with the need and... Continue Reading
MRO teams are on the front lines in terms of many key problems associated with the aftermarket supply chain—risks like enhancing service levels, preserving working capital, retrieving spare parts, and avoiding downtime. However, very fundamental challenges, such as inventory management, can limit productivity in MRO. According to a recent survey, inventory tracking is the second... Continue Reading