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State of FinOps ’24: Top Priorities Shift to Reducing Waste and Managing Commitments

FinOps Foundation

State of FinOps Survey The State of FinOps is an annual survey conducted by the FinOps Foundation since 2020 to collect information about key priorities, industry trends, and the direction of the FinOps practice. Though a top priority, majority only heavily optimize compute spend, leaving further efficiency opportunities Compute (e.g.,

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2022 Healthcare Industry Trends: Heightened Cybersecurity Concerns

AvidXchange

48 percent increase in cybersecurity budgets These pressing security conditions prompted healthcare organizations to respond. Forty-eight percent of health industry executives increased their cybersecurity budgets in 2021, according to a PwC report. So be sure to consider this integration capability up front.

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3 Biggest Myths about Accounts Payable Software and Services

AvidXchange

If that happens, your cashflows could be suddenly and unexpectedly lowered, payments could be delayed and you may exceed the costs you budgeted to make payments. Avoid all that. Finance teams don’t have to buy and integrate expensive new hardware or computer servers. Limited – if any – IT resources are needed.

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Top FinTech Trends for 2018

AvidXchange

Instead of the bank or government handling transactions, a set of computers and ‘miners’ do all of the virtual processing. This year, IT departments will continue to trust the cloud by making big investments in cloud services and software by at least 40% – planning to be well over half of IT support and services by 2020.

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What is ECI and When to File ECI? Best Guide for Singapore SMEs

Counto

For instance, if a company’s financial year ends on December 31, 2019, it must file ECI by March 31, 2020. Corporate Income Tax Rebate (CIT) for YA 2024 As announced in Budget 2024, a CIT Rebate of 50% of the corporate tax payable will be granted to all tax paying companies for YA 2024.

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AI in Accounting: What’s Coming for Small Businesses

Remote Quality Bookkeeping

AI technology presents an avenue for accountants to shift their focus from monotonous computational work toward advisory roles that require human ingenuity and decision-making skills. By 2020, AI was projected to eliminate or automate up to 40% of basic accounting work.

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When Time-Based Pricing Works (Or Does It?)

Cloud Accounting Podcast

With the capabilities of crew tracking, scheduling, jobsite geofencing, teams, and project segmentation, automatic labor allocation, budgeting, and reporting, ClockShark has built a robust mobile time-tracking system to handle the unique challenges that face your clients. I really miss everybody. It's gonna happen this September 14-17.