In the Q4 2021 Deloitte CFO Signalssurvey, 34% of Finance executives indicated that they expect to increase the use of outsourcing in their operations. Outsourcing the Account Payables process helps companies achieve cost optimization while ensuring operational efficiency and accurate invoice processing. Read More
Data entry specialists are employed across all firms to support their operations. They maintain efficient databases consisting of critical information relating to the company. The non-exhaustive list of data entry tasks includes statistical data gathered from reports, invoice reports, employees’ contact details, and employee compensation-related information. Read More
According toAdobe, the online sales for Black Friday and Cyber Monday in 2021 surpassed billions of dollars, $8.9 billion and $10.7 billion, respectively. Read More
Data enrichment techniques are increasingly used in businesses to improve their operations and performance. This is because data management has become vital to modern enterprises’ supply chain management strategies. Companies are increasingly using data for decision-making, analytics, and automation. Read More
Throughout the year, Black Friday and Cyber Monday are the two busiest shopping days. Black Friday has become synonymous with discounts everywhere, from stores to restaurants. In recent years, retailers have begun offering special deals even before November. Read More
Black Friday and Cyber Monday are just around the corner. The Friday after Thanksgiving signals retail based businesses that they need to be ready for the holiday rush. Today, Black Friday, originally celebrated in the United States, is a long weekend carnival that has reached many other nations. Read More
The Accounts payable industry is expected to achieve significant advancements in 2023 owing to the latest technological developments. Here is a study of how the industry is expected to advance. Read More
Black Friday and Cyber Monday (BFCM) are among the highest-grossing and busiest shopping days for both online and offline retailers. It is anticipated that three-Quarters of US consumers plan to spend roughly$158 billionand take advantage of Black Friday Deals in the year 2022. Read More
Accounts payable is the most complex and tedious of all the branches of accounting. Every aspect of the process flow, from invoice generation to payment processing, requires accuracy and precision. Moreover, any errors in the Accounts Payable process can cost the firm a vast amount of resources and may even lead to financial discrepancies. Read More
The accounts payable departments are one of the most vulnerable to frauds across processing ends. In 2021, some businesses across the U.S. had incorrectly in their accounts payable department provide a corporate checking account number to a fraudster posing as a vendor via a well-disguised email.Read More
