Accounting

Technology is considered to be the number one solution for all your business operations to obtain the best results. Better communication with customers, the efficiency of services, and security are some of the many benefits of technology to your firm. Technology will provide you the solution for your time management, communication and collaboration, and labor shortages. Thus, take a look at this list of top 10 accounting tech trends for 2023. Videos for Better Promotion In the competitive world nowadays, firms and other businesses have to find the best ways to promote their brands with their products and services to gain more profit....

With job growth expected in the professional services industry, accounting practices are under pressure to compete in the war for talent, working hard to attract new, top-notch professionals - and also to keep their current employees, a charge that’s proven difficult Indicative of the new wave of opportunity in the industry, professional services such as accounting ranked among the highest in terms of staff turnover in 2017, according to an examination of LinkedIn data drawn from the site’s half-a-billion international users. As fear of a talent shortage looms, employing the right people with the right mix of skills, and providing...

Businesses today want more from their accountants. Business strategy, growth planning and future vertical industry trends are all areas that accountants are being expected to input on with knowledge and confidence. Sage’s own Practice of Now 2018 report found that 83 per cent of clients are demanding more today from accountants than five years ago, while 42 per cent also expect their accountant to provide business strategy and advice. It’s likely that many accountants are managing this evolution with a mix of anticipation and trepidation. Beyond the Books With clear sight into a company's profits, losses and operational expenditure, accountants have a...

Do you wish that you, as an accountant, had more time to spend building relationships with your clients and giving them business advice? In my discussions with practicing accountants, I often hear them say that they wish they could spend fewer hours balancing books, preparing reports and recording transactions, and more on adding strategic value to their clients’ businesses. The good news is that a new wave of technologies is automating many of the routine processes that once took up so much of your time. Big data, cloud computing, IoT, artificial intelligence are reinventing accounting across West Africa. Here are some...

Sage (FTSE: SGE), the market leader in cloud business management solutions, today unveiled at the Sage Enterprise Management Partner Summit in Seville, a new implementation methodology for Sage Business Cloud Enterprise Management. Fast Start is designed to implement and deliver projects through the Sage partner channel in a timely and cost-effective manner, providing true value to customers who are looking to get up and running quickly and easily. Customers choosing Enterprise Management with Fast Start can be up and running within two months, helping to reduce initial costs through adopting a standard process and a pre-configured solution. They will also benefit...

Sage has a lot of business solutions for small businesses, and one of such is the Sage Business Cloud Financials option. The platform is promised to be one that would serve the modern businesses, and that is seen in the offering of cloud services. Does that make it enough for you to commit? Before you whip out your wallet on this piece of software, here is a detailed Sage Business Cloud Financials review to help you make a decision. What is Sage Business Cloud Financials? Sage – the parent company of all products that bear the branding on them – used to have...

Like many others that have found themselves here, you must have also stumbled on the Sage 50 Accounting Software (formerly known as Peachtree Accounting Software) and needed more convincing before you started putting your money on their plans. Quite frankly, I think that is a great idea. For a platform that offers to do so much that it looks unreal, how do they really keep up to their promises? Are they a scam or are they legit? Whichever it is, you will find out at the end of this Sage 50 Review. What is Sage 50? The Sage 50 Accounting Software is...

Bots are all the rage these days, promising a whole lot of automation and at the same creating fears of the possibility that they could lead to Job losses as companies seek more cost effective solutions. However, Sage’s Ed Kless (Senior Director, Sage Accountants), writes about why Accountants should let bots do some of their work. The article follows below: In the 1800s in Northern France, weaving machines were brought into textile factories, to perform a task that had been done manually for decades. Workers were not happy, believing the machines would take their jobs and kill their craft. In protest,...

Picking the best accounting software for your small business is a very important decision to make. You will want to choose one that is highly usable, flexible enough that it fits your need, adaptable to your industry and giving you the best value for money like Sage One (now known as the Sage Business Cloud Accounting). With the sheer number of accounting software out there, it is an understandably hectic task to finally focus on one. However, one of the best offerings you can go for is that provided in the Sage One Accounting software pack. To help you be sure...

In an earlier post, we started with a list of some of the best accounting software for small business. If you had seen that list, you will agree that there is no accounting software on that list that is not worthy of using. That is where the confusion sets in. So that you end up choosing just the best accounting software option for your business, no matter the scale. I have compiled a list of things to consider when choosing the best accounting software for business. 1. Cost We would be kidding ourselves if this list started with something else. Your business is run...

Accounting is one of the most popular college majors for students with good reason. Accounting graduates typically earn about 3% more than the average college grad, with early career salaries of $44,500 and mid-career salaries of $75,100. In addition, the Bureau of Labor Statistics estimates that the job outlook for accountants and auditors is growing faster than average with roughly 140,300 new jobs opening up in the next 10 years. The following list ranks the best colleges and universities in the U.S. for an Accounting degree in order of quality. College Factual’s ranking methodology includes factors such as education quality, average...