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Venkat Sharma

Client Accounting Services (CAS): The Future of CPA Firms is Now

While accounting has always taken a large amount of time, skill, and resources to get right, today’s customers expect Accountants and CPA Firms to not only maintain their error-free standards but also do so at reasonable prices. This has added to the workload whilst cutting resources. That is why CAS has become one of the …

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outsourcing bookkeeping services

Future-focused Outsourcing Bookkeeping Services for You

In the face of massive uncertainty and the digitization of core business operations, organizations, particularly small and mid-sized, have realized the importance of Accounting technology. They know that in order to be resilient and agile, they must adopt technology-driven processes and review their operating model through a technological lens. Moreover, organizations need to simultaneously develop …

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outsourced accounting services

In-house vs. Outsourced Accounting Services: An In-depth Analysis

All organizations — irrespective of their sizes, need accounting and bookkeeping to manage finances, ensure stability, and comply with legal and regulatory requirements. However, accounting and bookkeeping are time-consuming tasks that require a lot of man-hours.  This naturally creates immense opportunity costs that could be invested in revenue-generating elements of the organization instead. Understandably, organizations …

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accounting firms

Can Digitization drive Profitability for CPA firms?

Recently, as businesses struggled to adjust and maintain continuity of operations, the role of accountants came to the forefront. They were key to helping businesses forecast cash flows, access public relief measures, comply with emergency legislation, and assess tax measures. Even as we move into the post-pandemic era, those same businesses expect Accounting firms to …

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accounting technology

How Can Accounting Technology Benefit CPA Firms in the Post-pandemic Environment?

When the COVID-19 pandemic shut down operations around the globe, it showed how significant the role of accountants is to sustain businesses. CPAs experienced a paradigm shift in this period – from merely preparing taxes and financial statements to delivering advisory. By providing meaningful and valuable advisory and consulting, they helped communities, particularly small businesses, …

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client accounting services

Want to turn your accounting performance around? Have you considered our Client Accounting Services (CAS)?

It is often challenging and expensive for entrepreneurs, small businesses, and startups to set up an in-house accounting team. In such cases, partnering with an accounting services provider can prove to be highly beneficial. This allows the various aspects of accounting to be customized based on business needs, making Client Accounting Services (CAS) highly economical …

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Automation of accounting process

Digital Transformation for CPA Firms in 2022 and Beyond

The Evolution of Accounting Automation of accounting process gained immense traction in the last year, and CPA firms are rapidly implementing them. Audits, financial reports, payable accounts, etc., can now be automated, freeing up time focused on strategy and financial advising.  As we are seeing, things will not be completely going back to how they …

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robotic process automation

Streamlining the Journal Entry Process with Robotic Process Automation (RPA)

With digital transformation being a strategic imperative, financial and accounting firms have started focussing on larger tasks. For instance, auto-certifying account reconciliations or automating high-volume transaction matching has a very high ROI.  With a wide range of applications, robotic process automation is no longer simply science fiction. Although financial firms have begun incorporating digitization into …

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accounting firms

4 Questions Every CPA Firm Should Ask their Team on a Monthly Basis

Emerging technologies are greatly enhancing tax practices. While accounting automation represents a quantum technological leap, accounting firms of all sizes can foster rapid growth by leveraging strategic changes in technology and management philosophy. Millennials today occupy a major portion of the workforce, and they have been monumental in shaping the culture of CPA firms in …

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