Falling out of nowhere, the pandemic has to create havoc across all the sectors of the industry, similar to the recession that loomed in 2008. While 2008 was only a financial crisis, this pandemic had been global health and socio-economic crisis whose impact is yet to be discovered and measured fully. The pandemic, and the […]
Accounts Receivables collection is a lifeline for a small and medium business. It amounts to a significant portion of a business’s assets and plays a crucial role in cash flow management where even a small amount of funds that are held back can take a toll on the cash flow and working capital for an […]
Artificial Intelligence with its application, has taken the world by storm across all industries, Accounting and finance are no different. AI in accounting has proven to simplify complex operations, automate manual and menial workflows, reduce costs, and improve accuracy, productivity and also compliance. The big 4 in the accounting industry due to their foresight investments […]
Restaurant accounting can be a tough task to master even for the most seasoned restaurateurs due to the inherent complexity, greater need for accuracy and efficiency, slim margins and ultra-high competition in the field. Even the restaurants with a well-setup accounting system need to periodically update their accounting standards and improve their expertise to improve […]
