Nanonets

AUGUST 1, 2023

The era of automation has brought about a revolution in various industries, and the audit sector is no exception. The integration of Artificial Intelligence (AI), cloud-based data storage solutions, and data analytics tools is set to transform the audit industry, reshaping the way accountants and auditors carry out their tasks.

Auditing 40

Auditing Data Entry Purchase Order Computation 40

Billing Platform

OCTOBER 4, 2023

When: In May 2014, the FASB and IASB jointly issued Accounting Standards Update (ASU) 2014-09, which introduced ASC 606. Getting it right requires intelligent revenue recognition software that delivers automation, accuracy, and auditability. Obtaining the right revenue recognition solution shouldn’t be left to chance.

Financial Statements 85

Financial Statements General Ledger Billing Data Entry 85

Invoicera

APRIL 10, 2024

Moreover, proper invoicing practices are highly crucial during tax audits. Discrepancies can trigger further scrutiny, penalties, or audits, which will only cost your business dearly. Businesses must regularly report their sales and the taxes collected to the authorities. That includes paper, electronic, or both versions.

Invoicing 52

Invoicing Tax Record Keeping Invoice Processing 52

Nanonets

SEPTEMBER 22, 2023

In  clinical research ,  vendor management  involves stringent  regulatory requirements , including ICH E6 Good Clinical Practice, ISO 14155, FDA 21 CFR Part 50, and Regulation (EU) No 536/2014. Another method is to conduct site visits or audits of potential vendors' facilities.

Vendor Management 40

Vendor Management Collections Auditing Accounting 40

AvidXchange

FEBRUARY 20, 2018

In a recent Edelman Intelligence survey, findings proved that the freelance space has tripled since 2014. To make auditing and reporting simple, automation stores electronic payments and invoices for businesses. Businesses that trust technology also makes document and data collection efficient and easy.

Tax 40

Tax Invoicing Accruals Computation 40

Nanonets

MAY 30, 2023

 The World Bank reports that two-thirds of adults worldwide make or receive a digital payment today, with the share in developing economies growing from 35% in 2014 to 57% in 2021. Schedule a Demo Benefits of ePayments The obvious benefit of electronic payments to both businesses and individuals is convenience.  Less

Accounts Payable 52

Accounts Payable Accounts Payable Purchase Order AP 52

Cloud Accounting Podcast

APRIL 27, 2020

They've been researching this since 2014. Five years ago, the inspector general's office did audits of the SBA and found that they have longstanding security weaknesses and identified 35 open-information technology audit recommendations. So, if you owe money to the IRS, they are suspending all of their collections activities.

Accounting 40

Accounting Accounting Deposits Tax 40