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A Starter Guide for Non-Profits and Small Businesses
Are you looking to start a new business or are you already launched and serving clients or customers? Are you thinking of launching a non-profit organization to give back to the community and make the world a better place? If you answered “yes” to those questions...
A New Phase for Non-Profits: Accounting Using AI-Powered Solutions
The use of AI-powered big data accounting tools can help non-profit organizations to see their finances in a whole new light. Big data is the era of data analytics. With organizations now having access to an abundance of data, it can be difficult to know where to...
What Is Big Data and How Is It Affecting Your Organization’s Accounting
The digital age is in full swing, and it's just a matter of time before traditional recordkeeping and paperwork finally go completely extinct. This rapid shift into digital has many byproducts, including the increasing volume of digital information created, stored,...
How Data Analytics Can Help You Make Better Decisions for Your Nonprofit
Running a successful non-profit involves creating and executing a well-defined accounting plan. Being able to show that you are accountable will help donors trust your organization. After all, it’s easier to secure support if you have a clear statement of financial...
Should Your Organization Transition to Cloud-Based Accounting?
Running a business or a non-profit has its challenges, especially if you’re expanding. You may find yourself overwhelmed and in need of help in the accounting department as you try to keep up with all the invoicing, financial reporting, and data entry, while you keep using your spreadsheet. The solution is simple: cloud-based accounting. Cloud-based […]
Here’s Why Businesses and Non-Profits Outsource Their Accounting (and Why You Should Too)
Work has picked up, and your organization is busier than ever. If you have too much work and your team doesn’t have enough time, you can always outsource your accounting functions to professionals who will take care of it for you. But how do you decide which part of your accounting you should outsource? This […]
Make Accounting Less Time-Consuming with Accounting Software
Your business or non-profit is thriving, and you’re finding yourself overwhelmed with staying on top of bills, expenses, invoicing, and more. Balancing your books and keeping track of your finances is a full-time job, especially when things are going well. If you’re still using the same old Excel spreadsheet and it’s just not cutting it, […]
Why You Should Automate Your Accounting Processes
If you’re like most small businesses, COVID-19 was probably a wake-up call to take accounting automation more seriously. Despite the challenging business environment that required you to adapt to the new normal, you still had to balance your books, pay your taxes, and create financial reports to submit to your investors. But if other businesses […]
Top 4 Low-Code and No-Code Development Tools for Small Businesses
In the past year, low-code and no-code development platforms have continued to grow in popularity. In fact, according to a recent KPMG survey, the number of enterprise executives that have stated that these platforms were their most essential automation investment has...
Common Mistakes When Managing Payroll — And How to Avoid Them
Running a business efficiently requires attention to detail, and it’s easy to make mistakes if one isn’t paying attention or staying organized. What may seem like a simple transaction — paying workers — is actually a complex process with a lot of different components....