All F&AHRTechnology

January 15th, 2025

How Non-Profits Can Use Financial Data to Drive Mission Strategy and Growth

Is your non-profit taking full advantage of data? When surveyed, 90% of non-profits have reported that they collect data, but only 40% currently use that...

January 7th, 2025

From Annual Planning to Continuous Optimization: How Rolling Forecasts Can Drive Growth

Traditional budgeting is holding back many mid-market organizations. Relying on annual budgets creates an overdependence on historical data, leaving businesses vulnerable to changing market conditions....

January 3rd, 2025

Transforming Your Finance Team into Strategic Business Partners

Historically, mid-market finance departments have concentrated on accounting functions, administrative processes, and transactional operations. These manual, labor-intensive tasks often required large finance teams just to...

December 23rd, 2024

From Variance Analysis to Strategic Planning: How Integrated Business Planning Can Drive Growth

As mid-market companies contend for market share, those with strong management and strategic foresight will gain a competitive edge. Success in this space requires businesses...

December 18th, 2024

How to Achieve Low Error Rates in Your Finance Function

Errors in the accounting and finance world can lead to dramatic consequences — enforcement actions, lawsuits, financial losses and a loss of reputation for the...

December 10th, 2024

How Streamlined Processes Save Your Mid-Market Company Millions

Navigating the middle market presents unique challenges and opportunities. Unlike larger corporations, mid-market companies are more vulnerable to economic fluctuations and often struggle with resource...

December 3rd, 2024

21 Must-Have Financial Controls Every Non-profit Organization Should Have

Effective financial management is critical for the success of any non-profit organization. In a sector where every dollar is crucial, strong internal controls are not...

November 13th, 2024

The Benefits of Outsourcing Finance & Accounting for the Franchise Business Model

Finance and accounting are areas that are pivotal for the success of any franchise. With this in mind, many franchises are now choosing to outsource...

October 22nd, 2024

Procure to Pay Transformation: Unlocking Growth Potential through Outsourcing

Conquer Economic Uncertainty: How P2P Outsourcing Streamlines Your Business From supply chain disruptions to inflationary pressures, the global economic landscape always seems to offer businesses...

September 20th, 2024

7 Reasons Why You Want Your Accounting Firm Using AI Now

Top accounting and finance firms have begun to use artificial intelligence (AI) tools to optimize their workflows and provide better financial reporting and analysis for...

September 4th, 2024

Insourcing vs. Outsourcing Finance: What New CFOs Need to Know

Understanding the difference between insourcing and outsourcing finance is crucial for new CFOs in navigating today’s dynamic business landscape and finding a way to make...

August 14th, 2024

From Pain Points to Solutions : How Smart IT Investments Fuel Growth and Mitigate Risks in Portfolio Companies

Leveraging IT for Value Creation in Private Equity: Beyond Due Diligence In the hyper-competitive world of private equity, finding hidden gems and maximizing returns requires...

August 6th, 2024

Cut Costs, Boost Efficiency: The CFO’s Guide to R2R Outsourcing Success

Unlocking Growth Potential with Record to Report Outsourcing To stay ahead of the curve, ensuring accurate and timely financial reporting is critical. This is, however,...

July 18th, 2024

Is A Traditional Back-office Accounting Model Holding You Back? Here’s How to Scale & Thrive

Maximizing Financial Efficiency: Leveraging Outsourced Accounting In today’s competitive landscape, businesses are constantly looking for ways to streamline operations and maximize efficiency. One often-overlooked area...

July 2nd, 2024

The Modern Guide To Internal Controls for Accounts Payable (AP)

Has your business implemented proper internal controls into its accounting process? If not, you may be opening yourself up to significant financial risk — a...

June 25th, 2024

Strengthen Trust: Ten Simple Actions Non-Profit Organizations Can Take to Improve Internal Controls

Strong internal controls are critical for non-profit organizations to prevent fraud and ensure stakeholder trust. Most internal controls are reliant on good “segregation of duties”,...

June 18th, 2024

How to Outsource Your Accounts Payable

Outsourcing your accounts payable (AP) to a trusted partner can be a great way to optimize your business spending. But how do you know if...

June 11th, 2024

Cut Costs, Boost Efficiency: The CFO’s Guide to R2R Outsourcing Success

Unlocking Growth Potential with Record to Report Outsourcing To stay ahead of the curve, ensuring accurate and timely financial reporting is critical. This is, however,...

May 28th, 2024

7 Ways AI Can Automate the Accounts Payable Process

Google has recently announced a major restructuring of its finance team, with a significant portion of the work previously done by humans moving towards automation....

May 22nd, 2024

Automation in Accounting: Friend or Foe? Unveiling the Risks of Automation

Is accounting automation a safe solution for businesses? Automation can bring efficiency and speed to your accounting workflow, while also often lowering costs. However, it...

May 15th, 2024

10 Signs That It’s Time To Outsource Your Accounting & Bookkeeping

In every business, big or small, good accounting and bookkeeping are the keys to financial health. However, accounting tasks can often pull business owners and...

April 30th, 2024

Accounts Payable Automation For The Healthcare Industry

Inefficiencies in the accounts payable process in the healthcare industry can affect a provider’s financial health and the ability to deliver quality care. Digital transformation...

April 2nd, 2024

How Tech and Data Analytics are Serving Up Success in the Restaurant Industry’s Economic Crunch

While the restaurant and food service industries are expected to grow in 2024, restaurant operators are also encountering increased challenges. Costs for labor, rent, and ingredients...

March 22nd, 2024

Navigating Private Equity Challenges: How IT Fuels High- Performing PE Portfolios

IT Empowerment for Private Equity: Maximizing Investments through Strategic Technology In the high-pressure environment of private equity, squeezing every drop of value from investments is...

March 12th, 2024

Tech & Analytics: The Recipe for Restaurant Resilience in Economic Downturns

When the economy takes a downturn, or even if there is a threat of a downturn, restaurants and other food service businesses often feel the brunt...

February 27th, 2024

Strategic IT: Fueling Private Equity Triumph in the Modern Landscape

In the competitive world of private equity, every advantage counts. While financial expertise and market knowledge are crucial, ignoring the power of technology can be...

February 14th, 2024

Predictions of The Future of Accounting in the Age of Cryptocurrencies

As digital currencies like Bitcoin and Ethereum gain prominence, their unique characteristics and regulatory nuances pose challenges for businesses and accounting professionals. Cryptocurrency adoption requires...

January 30th, 2024

Unlocking Success: Leveraging Outsourced Services to Add Value to Private Equity Investments

Private Equity is a complex and rapidly evolving sector and PE firms can face a wide variety of risk management and compliance challenges. PE and...

January 24th, 2024

Mastering Private Equity Carve-Outs with Accelerated TSA Exits

Carve-outs have become a strategic tool for private equity firms seeking to optimize their portfolios and unlock value. The process of transitioning a carve out...

January 9th, 2024

How an Outsourced Accounting Service Provider Can Help Mitigate Risks and Compliance Challenges for PE Investments

Private Equity is a complex and rapidly evolving sector and PE firms can face a wide variety of risk management and compliance challenges. PE and...

December 12th, 2023

The Strategic Advantage of Outsourcing for PE Firms

Private equity firms constantly seek new innovative strategies to enhance value and drive growth. One of the strategies in private equity that has gained prominence...

December 5th, 2023

The Complete Guide to Modern Financial Reporting

With recent advances in technology, many businesses are adapting and updating the way they do financial reporting and how they develop their financial models for...

November 27th, 2023

The Role of Accounting in Successful M&A Transactions

Mergers and Acquisitions (M&A) can redefine markets, establish new leaders and create significant value for shareholders. However, the success of these complex processes can often...

November 21st, 2023

The Economic Ripple Effect of Student Loan Repayments Restarting

Payments for federal student loans have restarted as of October 2023, after a three-year-long pause. The change was finalized during negotiations on the recent debt...

November 15th, 2023

Human vs. Machine: The Evolving Role of Accountants in an AI-Driven World

Artificial Intelligence is driving change across nearly every industry and sector, and the field of accounting is no exception. But to state that AI is...

November 9th, 2023

Why Outsource Accounts Receivable? 5 Benefits That Can’t Be Ignored.

In today’s rapidly evolving business landscape, companies of all sizes and scope must overcome myriad challenges to efficiency and growth. Amid this complexity, stakeholders often...

October 16th, 2023

The Top Ways Accounting Controls Detect and Prevent Fraud

Fraud is a pervasive issue that siphons away billions of dollars from businesses globally each year. Even the biggest and most reputable businesses aren’t immune...

October 12th, 2023

Bridging the Gap: The Synergy Between Accounting and HR in Modern Enterprises

The accounting department traditionally manages a company's financial transactions, handles audits, and prepares financial statements. The Human Resources (HR) department, on the other hand, is...

October 3rd, 2023

How to Make Sustainable Finance Work For Your Business

The extreme weather events and natural disasters of the last several years have driven home the harsh reality of climate change and added urgency to...

September 28th, 2023

Empowering Startups: Practical BackOffice Approach for Growth

Startups are the lifeblood of the economy, but they often face challenges in managing their back-office operations. These chores can be time-consuming and costly, and...

September 11th, 2023

The Evolution of CFOs in the Mid-Market : Navigating Digital Transformation and Driving Financial Excellence

In today's business landscape, mid-market enterprises are experiencing a profound paradigm shift, and CFOs are at the forefront, playing a pivotal role in driving innovation,...

September 7th, 2023

Expert’s Guide: All About Cash Flow Management in Healthcare

Managing cash flow is an integral part of operational sustainability for businesses in the healthcare sector. With changing regulations from federal, state and local governing...

August 25th, 2023

Empowering Growth and Efficiency: The Changing Role of CFOs in the Automotive Industry

Amidst a revolutionary shift in the automotive industry, CFOs are often at the forefront, spearheading the transformation. Explore the dynamic evolution of CFOs as they...

August 14th, 2023

The Evolving Role of CFOs in Not-for-profit Organizations: Navigating the Financial Landscape for Impact

The role of the modern CFO is undergoing a transformation within the non-profit sector, as they play a vital role in achieving organizational goals. In...

August 10th, 2023

From Numbers to Strategy: The Changing Expectations of CFOs in Retail

The role of the contemporary CFO is undergoing a significant expansion. In our blog series, “Expectations of Today’s CFO,” this particular article explores the transformative...

August 2nd, 2023

Looking to Drive Revenue Growth During a Time of Inflation? Focus On Your Numbers

After the Great Recession of 2007-2009 finally ebbed, businesses enjoyed more than a decade of robust economic growth and relatively low financial volatility. But that...

June 19th, 2023

Best Practices for Managing Cash Flow

Whether you’re just starting out, or a well-established Fortune 500 company serving customers around the world, cash flow management is essential to the success of...

May 29th, 2023

Maximizing Restaurant Success: The Benefits of Outsourcing Accounting Service

In the highly competitive restaurant industry, the impact of financial management on a business’s success cannot be overstated. Poor financial management can lead to a...

May 22nd, 2023

Unlocking the Power of a Standardized Financial Reporting System for Your Business

Financial reporting is a critical function of any business. It entails the preparation of financial statements that detail a company’s financial performance, position, and cash...

March 7th, 2023

How Outsourcing Makes the Restaurant Business a Piece of Cake

Whether you own one restaurant or a dozen, a mom-and-pop store or a nationwide chain, all business owners and leaders face a common challenge –...

February 27th, 2023

Back-Office Support to Strengthen and Serve the Community

For a Good Cause: Back-Office Support to Strengthen and Serve the Community, Ensure Control and Financial Compliance Running a non-profit organization is a complex and...

February 13th, 2023

Advantages of Outsourcing Procure to Pay in Today’s Uncertain Economic Conditions

Like the year gone by, 2023, too, is expected to be an eventful year for the global finance and accounting (F&A) space. Not only is...

January 18th, 2023

3 Golden Rules for Medical Accounting

If you enjoyed tracking numbers, you would have opted for a career in finance or mathematics. Nonetheless, most experienced physicians who become practice owners are...

November 1st, 2022

Top Non-Profit Accounting Challenges and How to Overcome Them

Every year, non-profits receive millions of dollars in donations.The Forbes list of the Top 100 Charities for 2021 alone received a minimum of $167 million...

October 3rd, 2022

In-House Accounting Vs. Outsourced Accounting – Which side are you on?

Introduction Having trouble deciding which accounting solution is best for your organization? It goes without saying that finding the best in-house accounting staff or outsourced...

September 15th, 2022

Strategies to Boost Retail Accounting Efficiencies

Enhancement of accounting efficiencies is vital for retail businesses in the post-pandemic era. The pandemic exposed many existing vulnerabilities in the already struggling retail industry....

April 19th, 2022

Is the Global Healthcare Outsourcing Space Witnessing a Black Swan Moment?

Has the ongoing pandemic inadvertently created a “black swan” moment for the global healthcare outsourcing space? It wouldn’t be a surprise, given the swift and...

March 23rd, 2022

The Why and How of Accounts Payable Automation

Automation has redefined much of backoffice business processing over the last two decades, including the accounts payable function. In the absence of automation, invoice processing...

March 4th, 2022

3 Components of Successful F&A Business Process Outsourcing Relationships

The global finance and accounting (F&A) outsourcing market is expected to grow at an estimated 5.9% CAGR and is expected to be valued at $53.4 billion by...

January 31st, 2022

5 Benefits of Outsourcing Accounts Receivables in 2022

Has the pandemic affected revenues and margins in your business? Outsourcing accounts receivables could be the answer to your cash flow concerns. Over the last...

January 30th, 2022

Outsourced Accounting 101 – A Guide for Businesses

Business process outsourcing is a popular strategy to improve functional efficiencies while reducing employee overhead. Research shows that at the start of 2021, 80% of...

January 20th, 2022

How the Education Industry Can ‘Level Up’ with Technology?

“Technology will not replace great teachers but technology in the hands of great teachers can be transformational” – George Couros We live in a world...

August 26th, 2021

Did you know? How an outsourcing partner can help you grow your business

Running a successful organization is challenging in today’s time. Consistently repeating this feat, is even more so. It is crucial for entrepreneurs to focus on...

March 24th, 2021

How to Remain Relevant in the Age of Automation

The implementation and rise of automation has allowed for new techniques and processes to be created that improve efficiency, speed and the reliability of many...

February 8th, 2021

CFO – Are You Still Relevant?

Today’s business environment is changing more rapidly than ever before. It is becoming more and more uncertain, volatile and complex. The ongoing pandemic has disrupted...

January 21st, 2021

Outsourcing Healthcare Accounting Services: A Necessity or Choice?

Healthcare payers are in the midst of unprecedented transformation as rising healthcare costs, changing patient demographics, stringent regulations, and empowered consumers push for a smarter...

January 21st, 2021

Cloud-based Accounting –The ‘Next Gen’ Accounting Solution for small and medium sized businesses

Cloud-based accounting is similar to traditional, on-premises, or self-install accounting systems, with only the accounting software hosted on remote servers, similar to the SaaS (Software...

October 7th, 2020

A CEO’s Guide to a Mission to Margin Analysis

As CEOs and Executive Directors assess the impact of the recent COVID challenges, they need the data and analysis to be able to take action...

March 22nd, 2020

Top 3 Trends That Will Change the Future

Accounting plays a vital role in the functioning of any business. Heading into the 21st century, finance and accounting professionals saw the emphasis of their...

April 7th, 2019

Payroll Fraud – A Major Threat for SMBs & How Can It Be Minimized

Fraud poses an incredible threat to organizations of all types and sizes, in all parts of the world. The occurrence of fraud may also expose...