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Financial Predictive Analytics: Importance and Key Tips for Business
Imagine a tool that helps you foresee the best opportunities and latest market trends, personalize customer experiences and outsmart fraudulent activities. This is exactly what financial predictive analytics does for businesses. It can create a lot of difference and...
Analysing Financial Statements With AI
Introduction In the business world, understanding the intricacies of financial statements has never been more critical. Financial statements provide a snapshot of a company's financial health, guiding decisions for stakeholders from investors to managers. But as these...
Cash vs Accrual Accounting: Which One Should Startups Choose
As a startup founder, you know that you have got a lot on your plate—from building your product or service offerings, attracting customers and getting new leads, all while switching between multiple hats. But there's one more crucial decision that can make or break...
AI Data Entry: How to Get Started?
In today’s world, data is the new goldmine. Not only does it keep all operations flowing seamlessly it also acts as the cornerstone for smart decision-making and optimising ROI to its best potential. Yet, the conventional methods of manual data entry are increasingly...
Top 10 Cloud Based Accounting Software Companies in India
Introduction Cloud based accounting software has revolutionized how small businesses manage finances, offering accessibility, efficiency, and real-time data analysis. In this blog, we explore the best cloud-based accounting software in India, designed for small...
5 Benefits of Cloud Accounting You Can Not Miss
Is your company still working on desktop software and spreadsheets to manage your bookkeeping and accounting? If yes, it’s time to switch up your operations and productivity with Cloud-based accounting. Using Cloud lets remote servers save, access, and share data,...
Impact of AI on Financial Decision-Making for Startup CEOs and CFOs
The International Data Corporation’s report highlights a profound shift in global business dynamics. The global spends on AI soared to an unprecedented $154 bn in 2023. Projections indicate a robust CAGR of 26.9%, poised to reach $300 billion by 2026. This surge in...
AI in Finance and Accounting
The alliance between artificial intelligence (AI) and the financial world paints a vivid picture of the evolving business landscape. Predictions suggest that AI in the Accounting industry will grow 30% year on year from 2023 to 2027. If we focus on the current year,...
Choosing an AI Accounting Software for Your Business: Ultimate Guide in 2024
Businesses often personify the proverbial Jack of all trades when they try to manage all their accounting, invoicing and taxation operations in-house. But why not concentrate on core business processes and avoid being the master of none? If not in-house, businesses...
AI Reshaping Finance and Accounting
The way artificial intelligence (AI) integrates within the financial realm goes beyond being a transient trend—it signifies a transformative journey, addressing the distinct challenges and seizing the opportunities inherent in the ecosystem. Forecasts indicate a...
Top 10 Advantages of Implementing Accounting Automation for Your Business
Over the past year, 57% of businesses have actively pursued cost-cutting measures, finding and slashing inefficiencies across procedures, risk management, and time utilisation. If you, too, are a part of this drive to optimise expenses yet haven’t explored accounting...
Accounting Trends to Watch for 2024 and Beyond
As we settle into the final quarter of 2024, we have seen how the financial world is experiencing shifts, compelling businesses and professionals to adapt to change—to a significant extent. Reflecting on the diverse economic paths of the past, it's crucial to decipher...